mgolawala

Just my hunch but Iran is a founding member of OPEC.

The UAE has had a long standing land dispute with Iran.

The recent barrage of missiles might have just pushed the UAE leadership to have lost patience with their northern neighbor.

This might be an act of protest.

I think it is worse than that.

I think being on GitHub (and seemingly open source) gives developers a false sense of security in that they assume the code is open and therefore community vetted and that the developer has nothing to hide.

I suspect people who would know not to download and run a random binary off the internet would download, compile and run projects from GitHub.

How is the exchange rate between modern money and "carolus guilders" calculated?

Something like a foreign exchange market cannot help determine this right?

In theory, could the exchange rate for $1 be made equal to 1,200 carolus guilders? (Effectively, making the bonds worthless)

Sure, but as long as they have a staff of a dozen people monitoring the transactions so that they can catch and fix/block/revert the occasional fraud it still works out cheaper than hiring and maintaining those 700 call center workers. Each case helps build a library of business rules.

Eventually you would have guardrails programmed into a separate system where the LLM simply doesn't have the permissions needed to perform actions not permitted by the business rules.

It is the same idea as behind the self checkout counter at stores. Sure you lose a little in shoplifting/fraud, but it might still work out to cost less over all.

That’s classic ADHD. People who have it are able to hyper focus on things they find interesting.

Thank you for pointing this out.

Houses can be cheap, or they can be a good investment. Not both.

I think I read that here on hacker news a few years ago, and it has stuck with me.

The valuation of the company has little to do with the equation of how much profit has been made in the past. It is focused on the companies profit potential in the future. This has always been the case.

Sears or Ford may have produced a ton more in profit than was, as you say, put into the company. But the current valuation is based on what profit the market believes it will produce in the future.

“Because our population exceeds the carrying capacity of the planet, and if it does not do so already, will likely do so in the future, and if it does not do so in the future, it is still a good idea to have a backup plan for our descendants in case we manage to wreck this planet some how. Having a plan B just makes sense doesn’t it? Bet you the dinosaurs wished they had one”

I am surprised no one has mentioned chronic caffeine consumption and its role in promoting anxiety and stress.

Use a wireless charging setup.

It has been standard on most flagship phones for a few years now.

I rarely (if ever) use the port to charge my devices anymore. They just look messy, wear out and take more time to plug in and un plug.

I am not an economist, but here is my theory on the whole thing (would love to hear if there is a flaw with this reasoning!):

The fundamental problem is that a wealth of a society is determined by its productive capacity. A society with more homes, more cars, more phones, more food, more clothes, more university classrooms, more hospitals and doctors, more medicine, (you get the picture)... more good and services is wealthier.

A society with more dollars but without the corresponding increase in all of those things is no wealthier.

You can magic up trillions of dollars and hand them out to each and every individual currently alive in the US or for that matter the planet. Give each person a billion dollars. You still would not suddenly end poverty, or hard ship or hunger or anything else.. that money is still used to buy the goods and services which are being produced at the same rate as before.

When we distributed trillions of dollars over the last couple of years while simultaneously having lockdowns for covid, we not only added money to a system without adding corresponding productive capacity. We did the opposite.. we reduced the number of homes being built and maintained, we reduced the number of clothes being manufactured, we reduced the amount of education we provided, we reduced the amount of health care provided, we reduced the number of vacations and restaurant meals that were provided, we reduced the number of cars being made (you get the picture)... we created a backlog of unmet demand.

The prices would likely have gone up even without the money printing due to this backlog of unmet demand, the additional money in the system just made the price rises bigger.

Land is not scarce. We literally make as much of it as we want. What makes it scarce is legislation and zoning.

Look at Manhattan or Hong Kong. You just stack the homes and offices and stores on top of each other.

Interesting. Perhaps we are kind of already at that point? Isn't that what video games like MMORPGs or Fortnite are for? Where the bored young males get to accomplish great adventures , build and show off their skills for status, compete and crush their enemies, and fulfill a sense of accomplishment.. all virtually?

They wouldn’t be running windows on the Apple Silicon macs though, just the intel ones.