265 karma · joined April 5, 2018
I am disappointed that Yale with 30 BILLION USD ! in endowments did not have the same impact a hastily put together fund filled mostly with volunteers did. To weed out the poor capital allocators, you need skin in the game. Not saying it is perfect, but it probably would be way better than what we saw during the pandemic (and still see).
To me this was the most damning indictment of all. Once founders leave a compnay (or an institution), as BalajiS says, they become a shell of their former selves,with the individuals mostly in for self-preservation rather than set out fulfill the purpose of the institution.
I want a phone with a decently polished OS, smooth (given hardware constraints) that can run apps that I control (deny ads, location info. etc) and provides an alternative to the Android/IOS duopoly.
I just hope that the Pine Community will realize this and focus energy and work towards having a canonical OS on the PinePhone that just works.
Yes, all dynamic languages have this problem. I have transitioned to statically typed languages and it has been very peaceful so far :)
The draft law says any logic or knowledge based systems - This could mean anything from an if-else switch to a neural network.
If waiting till black box AI creates a mess and cleaning it up later is immoral, than so is prematurely killing something before you even get to know what it is.
Regulation has to be clear, simple and easy to understand. This proposal is none of the above. Given the loopholes that Berlin govt. introduced in the law (which btw, got through as it was deemed unconstitutional), even after playing a long, big PR campaign, about combating housing issues, I have no doubts that any such law regulating "AI" will turn into a similar sham.
Eu tried to regulate advertising and it failed spectaculary, leading to nothing but extra annoying pop-ups (Source: Worked for an online advertising company, I know how much we tracked despite those annoying popup banners)
EU doesn't understand that regulation != solving the problem. When the actual law is written down, there will be enough corporate sponsored loopholes that will simply make it harder for startups and new upstarts to displace the incumbents.
Her words were that they are preparing a note to thee Cabinet on it. The cabinet will then take a call and then propose it to the legislature as a bill.
It is still in early stages, but if Nirmala Sitharaman's words are any indication, they seem to be contemplating allowing crypto currencies to circulate in a regulated manner. Balajis mentioned that crypto could be treated as a foreign exchange currency. You can hold, for example, USD as an Indian resident, but it is not legal tender for exchange and is taxed (not sure about this) if you use it for the purpose of trading.
Germany also treats crypto as private money, not as an asset/investment to be paid capital gains on. I think this is a nice, legal alternative for crypto.
Untaxed, illegal transactions for large sums are a big problem in India (especially in Real Estate/property markets), so the govt. is trying to walk a fine line in regulating without killing the crypto market.
One interesting advantage of crypto to India would be that it will allow India to bypass USD and SWIFT , and whatever scheme China cooks up in the future. This will really dent the ability of the USA to abuse the Dollar's status as the reserve currency to stop printing tonnes of money and raking up public debt in the long term without facing inflationary consequences.
Source : https://www.msn.com/en-in/news/other/india-today-conclave-no...