hypewatch

Thanks! It’s a small world on HN haha. What was the issue? If you don’t mind me asking

I’d argue that free markets are a requirement of the definition of capitalism, but like the term “communism” the definition has become squishy.

I agree that your definition inevitably leads to income inequality.

Either way, I think we agree on the nature of these problems.

This critique, which annoyingly has little to do with the headline, is a regurgitation of many of the surface level critiques that have been made of VCs for years. Nothing novel about it.

It also wonders off to random topics, like Elon’s new baby’s name. I have a lot of respect for Elon, but a) I don’t care what his baby’s name is and b) what in the world does that have to do with the article’s main topic??

I usually enjoy articles from this publication and was looking forward to reading it but was sorely disappointed by the end.

Reader beware.

~Capitalizm~ Capitalism is purely a theoretical idea. Free markets as capitalism defines them are impossible. Perfect information, competition, price taking, ect, which are baked into the economic theories of capitalism are simply not feasible.

Often our critiques of capitalism are not critiques of capitalism at all. In fact they’re criticisms of monopolies and oligopolies in our modern society, which are antithetic to capitalism.

The American economy is an aristocracy. VCs, the big ones at least, are members of that aristocracy. Many of which are filled with smart good hearted people. But there are some incentives baked into their position of power that we need to be cognizant of.

Edit: “free-market capitalism” would probably have been a better term. Clearly that was not the point I was making.

I had this issue last night. What was really odd was that algolia’s API was throttling - 429 error code - when I was connected to my wifi, but when I switched to my cell network it worked fine. Then this morning it worked fine on both.

Why fundraise against the Prisma open source project instead of creating a new brand for the premium / enterprise product? Like how Confluent is separate from Kafka.

As a developer, I prefer the Confluent/Kafka model because it’s crystal clear where the separation is between premium and open source.

These types of tools are effectively another way to parameterize your SQL that _feels_ more like writing in your scripting language (nodejs in this case)

This approach is notorious for generating inefficient sql queries, but it can improve jr fronted dev productivity b/c a tool like this is easier to learn than SQL.

Oh, it’s mentioned in the very last paragraph!

Me too! They also don’t make much sense. The innovation in data storage was from “self-hosted” to “managed”. That’s quite a broad generalization over what’s happened in data storage over the last several decades.

And perhaps detriment. Nodejs apps are notoriously more difficult to keep secure because of how many npm dependencies are needed for a project and how often vulnerabilities are discovered in those dependencies.

Does Prisma have a business model or premium version I’m not aware of? I don’t see anything on their site around premium options. Not sure why Amplify Partners would invest in Prisma unless they were planning on dedicating substantial resources to a premium / enterprise version.

From what I understand, prisma is an open source query builder for node/ts. Like sqlalchemy-core in python, which has been around for a long time.

> While almost any other part of the development stack has been modernized, database tools have been stuck with the same paradigms for the last decades.

This is simply not true. Perhaps that’s been the case in the node.js world but it has certainly not been the case in other server-side languages.

Are they? What’s the alternative that gets all the undeserved attention?