naterator
Joined 13 years ago
Joined 13 years ago
I think there should be rules about drones, because I can easily think of several really fucking bad things that could happen if everyone who wants to tinker can just fly their drones around because they've got the money and know how. What happens if Amazon tries to deliver a package, but the software fucks up and the drone flies over the airport (assuming the engineers even thought of that problem in advance)? What happens when multiple business start flying drones around and they start crashing into one another, falling on people, highways, or whatever? I've seen a video where a guy decapitated himself with his gas powered toy helicopter. Are these drones going to be safe if they crash into me, or should I walk around with a shotgun?
We need rules. We don't need onerous rules, but we need rules.
Yup. Google never grew out of that phase--the Steve Jobs Phase, I like to call it. Obviously when Google started they knew what users didn't even know they wanted. Efficient search. Great webmail. Etc. But then Google (should have) realized it was a business with customers who aren't always idiots. It did not. It still really hasn't.
It's not a valid criticism if the gov. footing 80% allows these companies to now offer SV/NY competitive salaries. Which I suspect will happen if they do it right (both the governement and the entrepreneurs).
Modern society often allows us the freedom to avoid people and situations we can't control but don't want to be in. For the love of god, please take advantage of that.
https://www.kickstarter.com/projects/215201435/dart-the-worl...
It's astounding that it seems that few in the US government seem to acknowledge that we may not be on top always, and what goes around comes around. There will be real future costs for our moral corruptness.
As far as I understand they wanted to restructure but they are not being allowed to by the court. The first line[1] in the doc essentially says this. This happens when the court doesn't think there is hope for rehab, which is not surprising in Mt.Gox case.
[1] "At 5 p.m. on April 24, 2014, the Tokyo Distri ct Court issued an order of commencement of the bankruptcy proceedings for MtGox Co., Ltd."
Do other like this as well, or do people wish that HN would stay focused on software, VC, and traditional tech? Just curious. Obviously it's getting upmodded, but still curious to hear if there is another side.
[% annual salary haircut] = [likelihood success in 10 years] * [estimated stock price] * [expected salary sans options]
... or something. Obviously it's far from a science, but I think there should be some kind of general way to arrive at reasonability. Currently start-ups essentially rely on how poorly people gauge the probability that a company will actually be successful vs. actual numbers. Or, put another way, how willing the hiree is to gamble/risk.
I only bring this up because, after personally seeing or being on the losing end, I would never accept the salary haricut for options again unless I could somewhat reliably gauge them, probabilistically. Maybe that's something I'll look into for the future. People do this kind of thing in the Insurance industry and on wall street all the time, I suppose.
Sidenote: Paul, thanks for all the really cool stuff you've done over the years.
One of the main objections I'm seeing from people (in my bubble) isn't that Facebook did this, but that Cornell, UCSF, and PNAS participated in this. Facebook can do this, and while it's unethical it's not illegal. Same goes for manipulative people in your everyday life (let me not tell you about the horrific human being of a girlfriend I once had). The point is that science and the people who purport to carry it out should be held to higher and rigorous ethical standards. If those standards are not met, those people should be excluded from science and their findings ignored. They should not be awarded serious consideration in a journal such as PNAS. That is what is happening here as far as I can see, and while a bit dramatic fashion I think it is correct.
Also, if I may toss my personal interpretation of the research into this... ethics aside, the study is extremely weak, and I honestly don't see how it can be published in such a "good" journal. The effect size was < 0.0001. They hand-wavingly try to explain that this is still significant given the sample size. I'm personally not convinced, at all. Sounds like they needed a positive conclusion out of the study and so they came up with a reason for one. If this landed on my desk for review I would have reject on that alone.