1,068 karma · joined July 29, 2012
Isn't the idea with the indexes that they allow you to intentionally not take an activist position in the market? The exposure is not tied to any underlying market hypothesis. In other words, if we make people form a market hypothesis in order to decide whether or not to hold this index, it has failed in its purpose.
In a way, I think the hiring process at second-tier (not FAANG) companies is actually better because you have to "moneyball" a little bit - you know that you're going to lose the most-credentialed people to other companies that can beat you dollar for dollar, so you actually have to think a little more deeply about what a role really needs to find the right person.
I think this is getting a bit carried away. I don't have any argument against the observation that that average of a p95 is not something that mathematically makes sense, but if you actually understand what it is, it is absolutely still meaningful. With time series data, there is always some time denominator, so it really means (say) "the p95 per minute averaged over the last hour", which is or can be meaningful (and useful at a glance).
Also, the claim that "[o]nly looking at the 95th percentile is what you do when you want to hide all the bad stuff" is very context dependent. As long as you understand what it actually means, I don't see the harm in it. The author makes this point that, because a load of a single webpage will result in 40 requests or so, you are much more likely to hit a p99 and so you should really care about p99 and up - more power to you, if that's the contextually appropriate, then that is absolutely right, but that really only applies to a webserver serving webpage assets which is only one kind of software that you might be writing. I think it is definitely important to know, for one given "eyeball" waiting on your service to respond, what the actual flow is - whether it's just one request, or multiple concurrent requests, or some kind of dependency graph of calls to your service all needed in sequence - but I don't really think that challenges the commonsense notion of latency, does it?
I think there's a discussion to be had about art, perception and devotion to the "original" or "authentic" version of something that can't be resolved completely but what I don't think is correct is the perception that this was overlooked or a mistake.
See for example:
https://blogs.fangraphs.com/how-have-the-new-rules-changed-t...
https://www.baseball-reference.com/friv/rules-changes-stats....
And many others, these are two early and relatively canonical ones. If folks reading this post are interested enough in baseball, please, come join us in the baseball analytics community where this is merely the very tippy top of the iceberg of interesting things.
> “There is also a reason why clinicians who deal with patients on the front line are trained to ask questions in a certain way and a certain repetitiveness,” Volkheimer goes on. Patients omit information because they don’t know what’s relevant, or at worst, lie because they’re embarrassed or ashamed.
In order for an LLM to really do this task the right way (comparable to a physician), they need to not only use what the human gives them but be effective at extracting the right information from the human, the human might not know what is important or they might be disinclined to share, and physicians can learn to overcome this. However, in this study, this isn't actually what happened - the participants were looking to diagnose a made-up scenario, where the symptoms were clearly presented to them, and they had no incentive to lie or withhold embarrassing symptoms since they weren't actually happening to them, it was all made up - and yet, it still seemed to happen, that the participants did not effectively communicate all the necessary information.
But for a model to make out-of-distribution predictions does not make it a foundation model for time series, really that's just the basic task that all time series forecasting models do. A more interesting question is, does an LLM architecture seem to improve the task of univariate or multivariate time-series prediction? I don't think the answer is yes, although, depending on your domain, being able to use language inputs to your model may have a positive impact, and the best way to incorporate language inputs is certainly to use a transformer architecture, but that isn't what is addressed in this post.
You have to understand as well that Giant Bomb was the first of its kind in a lot of ways, this was an era where video game journalism began to loosen up from the corporate, PR-friendly, very stiff and consumer-focused era it had been in during the dominance of print media, and Giant Bomb was this novel thing where people who had been deeply involved in that era began to find their own voices. If you followed video games at the time online, Giant Bomb was this total breath of fresh air.