Recent submissions

Comment · 11 years ago
Is there an email address where I can send a resume / cover letter if I'm interested in ML at Spotify? Thanks!
Comment · 11 years ago
Yes, every engineer there has a dev server running a copy of Facebook.
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Comment · 11 years ago
Yes, I think that the idea that a hackathon can be "won" is silly too.
Comment · 11 years ago
Comment · 11 years ago
Right, the choice of 40 as the number of factors was totally arbitrary and unscientific. We tried factorizations with 30, 40, and 50 factors, and chose the one that produced the most interpretable latent factors.
Comment · 11 years ago
Comment · 12 years ago
One reason why bankers might become more dishonest after being primed to think about their jobs is that being a good banker, like being a good used-car salesman, often requires dishonesty.

I’m thinking of a scene from the (non-fiction) book Liar’s Poker where an investment bank finds itself stuck holding a bunch of bonds whose value is rapidly declining. Does the firm swallow the loss? Of course not! Management tells the sales team that priority #1 is unloading the low-quality bonds onto the bank’s gullible customers at an inflated price.

Another example that might hit closer-to-home here is that of equities analysts on Wall Street during the .com bubble who became unreasonably bullish on certain tech companies in order to gin up IPO business for their firms’ profitable mergers/acquisitions divisions.

In banking, the interests of the firm and the customer are often misaligned, and, well, it’s not the customer who's going to pay the banker’s bonus.

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