153 * 20.8 million shares is $3.2 bill
1,360 karma · joined October 11, 2016
153 * 20.8 million shares is $3.2 bill
So often, those models proved to be over-fitted and not generalizable.
But too many decision makers simply can't properly judge such results.
I mean in general, not necessarily at Meta.
I hear senior VPs like Craig Federighi, Jeff Dean, and others, still write code (maybe 1 day a week but still), but also call the big shots
I thought the old one was the latter - and it still seems to work
(Though I admit I am not worry-free when it comes to seeing globe-f)
Also in article:
“The last big round of layoffs at Apple happened way back in 1997, when co-founder Steve Jobs returned to the company, which then cut costs by firing 4,100 employees.“
* you can have more than one device
* you can have a trusted contact to get you the keys
* you can have recovery codes
They already communicate to you when you use a newer iOS feature that won't work on your other device. But you can still use it. Maybe you won't be able to turn back on those features on the older device, or something
If there is a "Revolution Plan (WIP)" document shared amongst a few agitators, and someone in power gets their hand on it (and its "checksum" or whatever), then can they figure out _who else_ has it?
* Amazon uses third-party seller data to copy the site's most popular products, an antitrust report by the House Judiciary Committee alleged on Wednesday.
* Former Amazon sellers told an antitrust subcommittee the company released new products almost identical to their own and "killed" their sales.
* Amazon has denied accusations of this behavior in the past. "We have a policy against using seller-specific data to aid our private-label business," Amazon CEO Jeff Bezos said in July.
https://www.businessinsider.com/amazon-uses-seller-data-copy...
https://nostarch.com/missing-readme
“The Missing README fills in that gap—a distillation of workplace lessons, best practices, and engineering fundamentals that the authors have taught rookie developers at top companies for more than a decade”
Get it just for the “Design Doc” template!
It’s a somewhat tricky balance between “micromanagement” and problem-solving, but then problem solving is a bit of a discipline after all.
Ever since Steve Jobs implemented the functional organization, Apple’s managers at every level, from senior vice president on down, have been expected to possess three key leadership characteristics:
1. deep expertise that allows them to meaningfully engage in all the work being done within their individual functions
2. immersion in the details of those functions;
3. and a willingness to collaboratively debate other functions during collective decision-making.
When managers have these attributes, decisions are made in a coordinated fashion by the people most qualified to make them.
Article: https://hbr.org/2020/11/how-apple-is-organized-for-innovatio...
That’s the problem: these metrics often come from overfitted or in-sample data, and are completely unrealistic when it comes to expected generalization performance.
I’m at the point where I never trust performance metrics anymore. Or rather, the worse they are, the more I trust them!
It seems that individuals often bemoan such a lack of consequences, but for some reason they are still quite prevalent in our “systems.”
I wonder how to harness the good intentions of individuals…
The biggest point I’d emphasize: “there is a general industry-wide need for people who are good at both data science and coding to oversee firms’ data science practices in a technical capacity.”
Even more, most of the data tech leaders I hear strongly suggest this is not possible without C-suite representation of a data/engineer expert (I’m talking about non-tech companies)
Finally, it’s actually not uncommon to see people shift from data science to data engineering due to similar motivations. It’s actually the technical leadership that is sometimes surprised at the shift. You hear about this in podcasts from DS/DE people.
Eg, Google has 80-90% (!) income from ads (incentive)
But the others then make money by sharing/selling the data _to third parties_(incentive).
Does Apple use this data only for internal use, or do they also share (sell) it to third parties? With or without privacy?
First, the example doesn’t take advantage of sklearn’s built in, super simple parallelization via n_jobs
Then, the entire example could be better wrapped with sklearn’s own cross_validate() which gives you the same functionality: a table of results across experiments.
If you use a different estimator, you can easily concatenate the results into a single df
The rest is the same.
Why you need SQLite for this? (SQLite is great of course for the right use cases)
And if you're doing many orders more experiments (1000s instead of 10s) then that’s probably where MLflow is good (haven’t actually used MLflow)
I gave up after 45 minutes... They want so much information/cookies/tracking but even after changing browsers and (temporarily) disabling all security/privacy, I couldn't download.
Many small companies or even developers have clear and clean websites.
It's not a question of money. It's a question of taste.
They are smart that way. Other companies would do well to try something like that. But they aren't that smart.