kokken
Joined 5 years ago
Joined 5 years ago
1.Shareholder primacy. Under Delaware corporate law (which governs most large U.S. public companies), once a board decides to sell, directors have a fiduciary duty to maximize the price shareholders receive. A premium cash offer from a PE firm is hard to refuse without legal exposure.
2.Interest deductibility. The tax code lets companies deduct interest payments but not dividends, which makes debt-heavy capital structures more tax-efficient. LBOs exploit a feature of tax law that exists for many reasons unrelated to private equity.
3.Freedom of contract and limited liability. Sponsors can put a thin equity check into a holding company, have that company borrow on the target's assets, and walk away if it fails, because limited liability is the foundation of corporate law generally.
That is, looking at code that's been written by AI and see what's wrong, what's superfluous and what's missing.
For preparing the code for the interview, I would suggest prompting Claude Code using a requirements document that's purposefully a bit vague so that the AI will have to make choices when writing that code.
When you have the interviewee come over, show them the code and have them criticize those choices and edit the code manually (I know) so that they can demonstrate that they can intervene in the AI process at the correct inflection points.
Was the data scientist role only about building NLP models? Are the LLms gonna build Churn prediction models? Tell the PM why stopping the A/B test halfway through is a bad idea? Push back on loony ideas of applying ML to predicting sales from user horoscopes?
Maybe the role is a bit tinier in scope than 10 years ago, but I see it as a good thing. If you looked at DS positions on job search sites the role descriptions would be all over the place, maybe now at least we'll see it consolidate.
The true reason is that the line forks into two lines later on, with the final station being either Honancho or Ogikubo. The second line that form is just for the people whose destination would not be served by the incoming train.
I would say the biggest hurdle is actually motion sickness. Every game or app that allows your avatar to move through controller usage, rather than moving around your room (such as table tennis) can not be used for longer periods of time. My wife who is prone to motion sickness can not wear the device for more than 10 minutes. Myself, who had never had motion sickness before in my life, can handle a full hour before being overwhelmed.
Even from this article that clearly seems to think Lufthansa is in the wrong I walked away with a feeling that ATC and small town cops are one and the same.
Anyone have an idea why?
The PRC has land claims against almost every bordering country, which are many in number. It does wolf warrior diplomacy, surreptitiously moves border posts, and so on.
It also pretends to abide by international treaties but when a ruling against their absurd claims in the South China Sea were refuted, they rejected the ruling.
In the age of AI it uses from the same playbook as Russia to sow discontent and create internal conflict within countries in Asia.
It captures and kills dissidents abroad.