HNHacker News
TopNewBestAskShowJobs

faet

485 karma · joined July 11, 2010

submissionscomments
faet··on Basic income would not reduce people’s willingness to work
>Even in Cherokee country, where the additional income is quite sizable, the payments are not enough to live on

>The Alaska Permanent Fund has been giving $1,000 to $2,000 a year to its citizens for decades

Neither of these are amounts to not work on. Many people quit working after reaching a specific "UBI". Either through social security or retirement/investment accounts. This is also the goal for many folks such as FIRE.

faet··on Why don't you accept donations?
Regardless of how you access it you just take what you've been paid and add it to 'other income' when filing your taxes.

If you're getting "big" donations, stripe or paypal will send you a k1 if you make > 20k. Otherwise there are not really any other administrative things to worry about.

faet··on Workers quit jobs in droves to become their own bosses
>New research shows that 44 million workers—or 28.2%—were self-employed at some point during a given week in 2019.

Much of it depends on how they define self employed. "Contract Work" doesn't count as self employed for the government.

>Those figures appear to go against other surveys showing huge growth in contract work, which is transforming the U.S. labor market. A survey conducted in December by NPR/Marist found that contract work makes up 20 percent or more of the U.S. workforce.

>Why the seemingly large discrepancy?

>Many point to the government's methodology. The Labor Department, for example, did not include people who augment their income through contract work

faet··on Zillow seeks to sell 7k homes for $2.8B after flipping halt
https://www.forbes.com/sites/graisondangor/2021/06/16/the-ho...

The U.S. built on average 276,000 fewer homes per year between 2001 and 2020 compared to the period between 1968 and 2000, according to the report which was covered earlier by the Wall Street Journal.

Had building continued at the same pace, there would be 5.5 million more units of housing, the report estimated.

To make up the shortage, the NAR report says the U.S. would have to build 2.1 million homes each year for a decade—more than it built each year during the housing boom of the mid-2000s.

faet··on Windows 11 Pro: about 11% slower than Linux on Intel Core i9 11900K
>force rebooted over my explict objection, then spent 30 minutes installing updates >showed me ads from the notification tray >showed me ads on the start menu >showed me ads on the lock screen >showed me ads in the file manager

These can be disabled.

>installed MS teams

Not sure about this? I had to install MS Teams for an interview a few months ago and tbh it was a bit of a pita.

>sent mountains of telemetry back to base (which can't be disabled)

It can be disabled. https://answers.microsoft.com/en-us/windows/forum/all/perman...

faet··on Private censorship is not the best way to fight hate or defend democracy (2018)
Banning hate communities does work though [0]. I assume that the results are similar for twitter and facebook. "Hateful" Reddit or FB communities also don't allow "free speech". The moderators will ban people who go against the grain. There is no free exchange of ideas or disputing as if you're going against the grain you'll just get banned from that community (but not the platform). As such, either the platforms allow the hateful communities to just exist in their 'safe space silo' or they de-platform them.

[0] http://comp.social.gatech.edu/papers/cscw18-chand-hate.pdf

faet··on IRS records reveal how the wealthiest avoid income tax
If I buy a share of a company for $1 January 1 2019 and it is worth $2 January 1 2020 I've got $1 of 'unrealized gains'. I pay zero taxes.

If I sold it before 1 year of holding, I'd pay $1 in taxes (the gain) at my top tax rate based on my other income. If I sell it after 1 year I pay tax at a reduced rate on the total gain.

faet··on Pandora says laboratory-made diamonds are forever
Not in the diamond industry. But, most diamonds are etched with a serial number. GIA etches a report number you can look up online for instance. Similar to a VIN you could probably google it and see if it's been listed/sold elsewhere. Unlikely though as the turn around on diamonds is very low.

The easiest way is to determine through the setting. Styles change. If it's a setting from the 50s that isn't made anymore it's probably old. If it's a setting from a company that is < 10 years old it's got a better chance of being new.

Diamonds are not damaged when swapping settings. They are often removed and reset if a prong breaks for instance.

Most people just don't want to buy from estate sales or auction. So, jewelry stores will do that, clean it up, put it in a new setting (or leave it as is), and resell it as 'new'.

faet··on Pandora says laboratory-made diamonds are forever
Diamond prices are fairly stable, the issue is jewelers mark prices way up and most people don't know what a good price is. If a diamond goes for $5k wholesale, chances are they're looking to sell it for $10-20k. Since most people only buy 1-2 engagement rings in their lifetime they don't know what is a reasonable price. They "shop around" at three stores that are all owned by the same company. So they end up paying $15k for a ring. Then if they need to return it they only get $5k for it. They overpaid due to the emotion of the moment and expect to get something close.

Even in the article you listed there were a number of offers all close to each other. ~8-10k is a 'reasonable price' for that ring.

Most jewelers I've interacted with are more than happy to buy your diamond for a bit under wholesale cost. They're also happy to make rings with old diamonds. They make money selling settings too.

One issue is the public. There are a number of people who don't want a "Used Ring". But, there are a large number of diamonds being sold that have been owned previously.

faet··on Food Prices Are Soaring Faster Than Inflation and Incomes
Purchasing power has been consistent. https://i.redd.it/7qqhlk5i48l61.png

The graph uses average hourly wages which does not include overtime, bonuses, shift premiums, and employer benefits. It also doesn't account for all workers.

https://files.stlouisfed.org/files/htdocs/publications/es/07...

total compensation tracks pretty well.

faet··on WTF Happened in 1971? (2019)
Their was also the greater shift to non-wage benefits. If you look at total compensation vs productivity the chart tracks much closer.

https://imgur.com/Juc8FMn

faet··on Unbricking a $2k bike with a $10 Raspberry Pi
I bought a $300 magnetic resistance bike, cadence monitor ($20), and a heart rate monitor ($40). The Peloton subscription is $12/mo for the app which I use on my phone. The only thing I'm missing is 'resistance' and 'output', but for roughly $1600 in savings I'm fine with it.

The classes are fun and they also include other things like strength, yoga, running, etc. There is no way to get classes around me for $12/mo or even $12/session.

faet··on Online classes are not worth cost of full tuition
Some schools offer non-degrees and/or the ability to audit a class. I can apply to be a non-degree student at the local college. Then audit a class for free (no credit/grades). The scope of auditing depends on the professor, I've had some that will grade coursework for non-degree students, others just let them into the lectures. Total cost would be like $25 + books.
faet··on Why we won’t be supporting Sign in with Apple
I have a private email address and a catch all address for a variety of websites.

{app_name}@example.com goes to the same place, but it is easy for me to see if they sell/lose my email. And if it gets lost I'm done with them I can just block that specific address.

The added benefit is no one can assume that {my_name}@example.com is my bank email address or my email login.

I used to have a standard {username}@gmail.com for a while, but now it is on 20+ breached site lists. Best case? Copious amounts of spam. Worst case? I may have been reusing a password prior to switching to a password manager.

Now, I can just block the email from receiving anything. Two, if I accidentally reuse a password the username is at least different.

faet··on Why we won’t be supporting Sign in with Apple
You still have your apple account on your PC/Android phone/etc. You just login on apple's website with your apple account and it passes the token/id to whatever app needs it.

For example you can goto dropbox on your pc/whatever and click signin with apple to see how it works.

faet··on There’s no replacement for the thrill of browsing in a bookstore
One thing my local bookstore does that I enjoy is the "Blind Date". They wrap a book in craft paper and write a short description on it.

They're usually slightly less popular, but still good books.

faet··on Apple: Advancements in Game Controllers
There is also the extra development fees and/or needing a mac if you want to do any testing.

Most engines (Gamemaker/Unity/and epic soon) will port to iOS/Mac so it isn't a huge 'step'.

faet··on Publishers File Suit Against Internet Archive
That's the difference between a physical and digital product. Physical products have the first sale doctrine and eBooks don't. They are also physically limited. One at a time. Degradation. Shipping. Loss. Theft.

With regard to libraries and eBooks there are two common licenses. One, libraries can loan one copy of one book out at a time n number of times, then they can rebuy it. Similar to a physical book that degrades due to wear. Two, libraries can loan n number of copies of a book out for a fixed per-loan fee.

faet··on Additional 6.6M File for Initial Unemployment Benefits [pdf]
eh. Most Americans support a public option.

M4A is down to about 26% support as of yesterday. https://i.imgur.com/H9bAwV9.png

faet··on What are some overshadowed careers that pay well?
Underwriters/actuaries.

Many underwriting jobs can be remote. Entry level salary is around 50-60k with just a BS. Fair amount of growth and opportunities. Can get an MBA/go into management and make > 100k.

Actuaries require more math/stats but can be hired with a BS. But, I've got a friend who started at 80k with a Stats BS in a low cost of living area.

faet··on Hospitals mergers do not improve quality: study
From your link:

>NAM report concluded that BIR costs totaled $361 billion in 2009—about $466 billion in current dollars

>12.3 percent of spending on private insurance; and 3.5 percent of public program spending, including Medicare and Medicaid

So a difference of 8.8%. A savings of 41 Billion. So we'll add it to the 106 bil for removing insurance. And we're at 147 Billion. Or 4% total.

Even if we use the other estimate they mention. You're still looking at less than a 6% savings.

faet··on Hospitals mergers do not improve quality: study
And if you eliminate everything except the cost of care you're saving less than 3%.
faet··on Hospitals mergers do not improve quality: study
>since the BIR costs imposed in current US public programs are far lower than private insurance

Which is why I included this piece.

>If we ignore all other costs associated with insurance and just pass the 'care' portion through. Insurance REVENUE was 706 bil - 600 bil (What was paid for care). or 106 bil.

>So a maximum savings of 2.9%. So rather than spending $11,172 per person we're down to $10,836 per person for healthcare. A savings of $336. Still far and ahead above what other countries spend.

Last year insurance spent $92 Bil on admin. Even if we 'save it by half' (comparing the 56 bil from your link) our best case savings of 106 bil drops to 60 bil. Or a reduction of 1.6% in healthcare spending or ~$160 per person.

And hospitals will still have admin as they still have to bill the government.

faet··on Hospitals mergers do not improve quality: study
> it is one of the biggest.

Disagree completely.

US spent $3.65T on healthcare in 2018. or 3650 Billion.

Insurance Net Income was 23 billion. Or 0.63% of total US healthcare expenditures was 'profit' for insurance.

"But, public option will save the costs/salaries/buildings/etc that you pay to insurance." Yes, but not all costs. You'll need to make up a small difference.

But, let's assume we only count money paid to 'care'.

If we ignore all other costs associated with insurance and just pass the 'care' portion through. Insurance REVENUE was 706 bil - 600 bil (What was paid for care). or 106 bil.

So a maximum savings of 2.9%. So rather than spending $11,172 per person we're down to $10,836 per person for healthcare. A savings of $336. Still far and ahead above what other countries spend.

So realistically we'd see a savings of 0.6% to 3% savings.

https://naic.org/documents/topic_insurance_industry_snapshot...

faet··on Vox Media to cut hundreds of freelance jobs ahead of California's AB5
>This law contains exemptions for lawyers, dentists, physicians, vets, psychologists, architects, private investigators, accountants, direct sales salesperson (telemarketer), fishermen, podiatrist, graphic design artist, travel agent, grant writer, “Fine Artist” (does not include musicians), Human Resources administrator, marketing, photographer, freelance writers/cartoonist/editor (limited to 35 items per year per publication), esthetician, manicurist, barber, cosmetologist, electrologist, annnnd repo men.
faet··on Vox Media to cut hundreds of freelance jobs ahead of California's AB5
The issue is many industries don't have any exemptions. You can write 35 articles for a company before you need to be hired.

There is no exemption for musicians. Say your drummer is sick and your band is performing. You'll need to hire that drummer as an employee for the 2hour gig. Or said drummer will need to pay Cali $800/yr to form an LLC and perform contract work.

Music venue? Same thing. Either hire the performers as employees or the band needs to form an LLC and pay cali $800/yr.

faet··on Student Loans a Lot Like the Subprime Mortgage Debacle, Watchdog Says
Some of it is making up for state cuts. For example, between 2008 and 2018 Louisiana reduced high education funding by about $5k per student. Even if LSU didn't "Raise their tuition" that $5k gap needs to be made up somewhere.
faet··on Diamonds Keep Getting Cheaper
Estimate value is replacement value from a store. (Mostly for insurance). People think it's "new" and "never worn". And stores have very high margins.

But, if you buy wholesale/used the buy/sell will be closer together. The issue is people think "used" stones are tainted for some reason. Divorced? Bad luck!

It's like a gold band. It might cost $600 in the store. But, really the cost is the weight of the gold (~$50). But, you can buy/sell it at $50 all day.

faet··on Ex-World of Warcraft developer's thread about China and the gaming industry
Well, from people who worked with him they said he was frequently absent and a bad leader. He is also blamed for much of their financial troubles for wanting to frequently change direction.

https://v1.escapistmagazine.com/news/view/130737-Updated-Red...

Additionally, the company took Chinese money 3 years prior to him being fired. Red 5 Studios was majority owned by The9 (a Chinese company) early 2010. Prior to being bought out they closed one office and fired about 30 people. So, I kinda doubt he was removed solely "for refusing to take an investment from china". Especially, when they were already owned by a Chinese company.

faet··on Tesla Model 3 = 24% of Small and Midsize Luxury Car Sales in USA
Except the model 3 doesn't have an unlimited mile warranty for the battery. eHawk got two ~$5-7k batteries for free which wouldn't happen with the model 3. Additionally, they get a fair amount of "goodwill" work and inspections done. If you add in the costs for the two batteries that were replaced the TCO would be above that of the town car. Additionally, most taxis these days are hybrids which have a lower TCO than the ford. 20 mpg vs ~50 mpg, with a more reliable platform as well.
← PreviousPage 2 of 6Next →