thesausageking
Joined 15 years ago
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5,100
Submissions
633
Member since
Jun 10
Recent submissions
Comment · 2 years ago
Comment · 2 years ago
The challenger to these will solve for a different problem. Not every transaction needs complex fraud detection or being able for the customer do to chargebacks.
For a 3% discount, would customers agree to use something that worked just like cash, where the transfer was instant and couldn't be undone? Then you don't have to worry about fraud, chargebacks, etc.
Comment · 2 years ago
Here's a video w/ Marshall Allen from last year. Amazing what 99 can look like:
Comment · 2 years ago
Have they talked about how local laws and elections will work? The backers are putting up a ton of capital and boot strapping it with $1B+ in community benefits and housing subsidies.
When it starts being populated, is it going to be run like a company town[0] where they control the stores and restaurants? How much control will they have over local elections?
Comment · 2 years ago
Key problem is that the average consumer is with their health insurance provider for about 3 years. This means that when you have drugs that provide significant health and cost benefits in the long term, the patient's current insurer pays the cost but another company receives most of the benefits.
It would help tremendously if the US changed the rules and made it so most people got insurance directly and not through their employer.
Comment · 2 years ago
I can't think of any important things Mozilla has created since pushing Brendan Eich out 9 years ago. That's almost a decade and billions in revenue they've burned through.
There's now almost no programmers on the board or in senior leadership positions. The interim CEO they picked is an MBA who ran a business line at AirBnB.
It seems like another case of MBAs taking over.
Comment · 2 years ago
I don't understand why the author dismisses carbon steel and cast iron pans. They're my favorite. They last forever and cook great. Go into any restaurant and you'll see mostly cheap, carbon steel pans.
Comment · 2 years ago
Password manager + MFA is a lot more secure. Password managers aren't impervious to attacks.
Comment · 2 years ago
Abstract:
"Even prior to producing their first words, infants are developing a sophisticated speech processing system, with robust word recognition present by 4–6 months of age. These emergent linguistic skills, observed with behavioural investigations, are likely to rely on increasingly sophisticated neural underpinnings. The infant brain is known to robustly track the speech envelope, however previous cortical tracking studies were unable to demonstrate the presence of phonetic feature encoding. Here we utilise temporal response functions computed from electrophysiological responses to nursery rhymes to investigate the cortical encoding of phonetic features in a longitudinal cohort of infants when aged 4, 7 and 11 months, as well as adults. The analyses reveal an increasingly detailed and acoustically invariant phonetic encoding emerging over the first year of life, providing neurophysiological evidence that the pre-verbal human cortex learns phonetic categories. By contrast, we found no credible evidence for age-related increases in cortical tracking of the acoustic spectrogram."
Comment · 2 years ago
That's a good analysis, but I don't find it convincing. He's trying really hard to disprove Haidt's post by poking holes in many of the studies. If you look at 386 studies in the social sciences, of course you'll find issues with the analysis or design of many of them.
The larger trends ("most of the effect is driven by teen who use no social media", etc.) aren't supported by the data he presents (look at the table of "social media time" -> Depression for example).
Are the researchers who look into this problem predisposed to finding a connection? Probably. But I do think the open, community based analysis Haidt led was done well and if you look at what they found digging through 386 studies, it's compelling.
Comment · 2 years ago
No you can't. Read the linked studies. "correlation doesn't equal causation" isn't a magic spell that disproves all research.
For more, here's an open, collaborative review of 386 studies: https://docs.google.com/document/d/1w-HOfseF2wF9YIpXwUUtP65-...
Comment · 2 years ago
The data is well established that social media use by teens leads to worse mental health outcomes. I'm a parent and as my kids near the age in which social media becomes a thing, I started digging into. I had assumed it would be vague and filled with underpowered studies, but it's not. Social media is bad for kids and the data is very clear on it.
This post has a list of the some of the better studies and gives a good synthesis of the results:
https://jonathanhaidt.substack.com/p/sapien-smartphone-repor...
Comment · 3 years ago
FTX took funds from customers and used them to run a hedge fund. When the fund did poorly, the customers' funds were gone, leaving a $8B hole. And they lied to customers about it.
Binance is very different. While it hasn't complied with various securities laws, it's never lied to customers and has kept customers' assets safe. They've also done steps to build confidence and be transparent like verifying proof of reserves:
https://www.binance.com/en/proof-of-reserves
While this report isn't perfect, it does show that wallets they control have as much in assets as they're supposed to, so we know they're not doing what FTX did.
The fight itself was lame which worked in their favor. No one really cared about not being able to see every second of the "action". It's not like it was an NBA game that came down to the last second.