arrests, and convictions
1,717 karma · joined August 13, 2015
arrests, and convictions
they absolutely are not pacing
If McDonald’s restaurants were profitable, they wouldn’t sell franchises. Except it’s been an incredibly successful way to raise capital and expand, for both franchisees and McDonalds.
If company about to IPO were a great investment, they wouldn’t IPO. Except the stock market has been an incredible mechanism for company and capital growth.
Dr. Ronald Moskowitz, FerroFluidics (cool name).
Took me down a bit of a rabbit hole. Turns out the guy was a bit of a fraudster and was sentenced to 8 years in prison for securities fraud[1]
1 - https://www.sec.gov/enforcement-litigation/litigation-releas...
Reading this article felt like a breath of fresh air, like a vice had been released from my head. Not just the broader point about our increasingly slop-filled world resonated with me, but the writing itself felt like it just flows effortlessly.
I guess I’ve been suffering for too long, pouring over claude code jargon-filled responses and going in circles trying to understand its convoluted sentence construction and terminology. I think I’m burnt out on working with agents all day long…
you can disable this feature by going to Settings > Privacy > Smart TV Experience. We humans would be liberated into an Elysian condition of permanent leisure. We’d have nothing to do but hang out in our indestructible miracle-fiber jumpsuits and talk philosophy.
Only it didn’t happen quite like that. The machines did get many of our physical jobs alright, but no one could quite figure out how to pay us for all that hanging out.
bad at identifying business trends
Right place, right time. It’s too bad you missed out on some good fortune, but it’s a helpful reminder of how much of our paths are governed by luck. Thanks for sharing, and wishing you luck in the future.
I’m guessing some people already have these capabilities integrated into terminal workflows and I’d love to see a demo/setup.
the founding of Netscape occurred at the same time I was deciding where to go in industry when I left Berkeley in 1994. Jim Clarke and Marc Andreessen approached me about the possibility of my joining Netscape as a founder, but I eventually decided against it (they hadn't yet decided to do Web stuff when I talked with them). This is one of the biggest "what if" moments of my career. If I had gone to Netscape, I think there's a good chance that Tcl would have become the browser language instead of JavaScript and the world would be a different place! However, in retrospect I'm not sure that Tcl would actually be a better language for the Web than JavaScript, so maybe the right thing happened.
By incorporating DyT, Transformers without normalization can match or exceed the performance of their normalized counterparts, mostly without hyperparameter tuning. Getting to 7 is notoriously difficult
2 * 2 * 2 - 2/2
a basket of basic, thickly traded commodities should be chosen; perhaps a basket of specific amounts of basic elements, thermal and electrical energy, and basic food commodities, priced as delivered to several large markets.
A control algorithm such as the PID loop used in process control or robotics is employed to adjust K over time.
Ultimately money is a social construct based merely on shared belief. Algorithms can used to enhance and support this social construct, but I do not see how it could wholly replace human/social interventions.
And this is the architecture as designed and recommended by the KX consultants that you end up having to hire to “scale”
Historically it’s the consultants that brought in a lot of income, with each one building ad-hoc solutions for their clients and solving much more complicated enterprise-scale integration and resilience challenges. FD/Kx failed to identify the massive opportunity here, which was to truly invest in R&D and develop a set of common IP, based on robust architectures, libraries and solutions around the core kdb+ product that would be vastly more valuable and appealing to more customers. This could have led to a path where open sourcing kdb+ made sense, if they had a suite of valuable, complementary functionality that they could sell. But instead, they parked their consultants for countless billable hours at their biggest paying customer’s sites and helped them build custom infra around kdb+, reinventing wheels over and over again.
They were in a unique position for decades, with a front row seat to the pain points and challenges of top financial institutions, and somehow never produced a product that came close to the value and utility of kdb+, even though clearly it was only ever going to be a part of a larger software solution.
In fairness they produced the delta suite, but its focus and feature set seemed to be constantly in flux and underwhelming, trying to bury and hide kdb+ behind frustratingly pointless UI layers. The more recent attempts with Kx.ai I’m less familiar with, but seem to be a desperate marketing attempt to latch onto the next tech wave.
They have had some very talented technical staff over the years, including many of their consultants. I just think that if the leadership had embraced the core technology and understood the opportunity to build a valuable ecosystem, with a goal towards FOSS, things could look very different. All hindsight of course :)
Maybe it’s not too late to try that…
Get a free version out there that can be used for many things…
Having used kdb+ extensively in the finance world for years, I became a convert and a fan. There’s an elegance in its design and simplicity that seems very much rooted in the Unix philosophy. After I left finance, and no longer worked at a company that used kdb+, I often felt the urge to reach for kdb+ to use for little projects here and there. It was frustrating that I couldn’t use it anymore, or even just show colleagues this little known/niche tool and geek out a little on how simple and efficient it was for doing certain tasks/computations.