853 karma · joined September 25, 2019
What a bizarre interpretation.
To this date more than 20% of Venezuelans left the country.
What happens over and over is that fiat currency becomes worthless and that people who have the means to leave leave.
Obviously if you own some gold you have a better chance of being able to escape to another country.
I implore devs to watch any of the business 101 class they think they’re too smart for
Strong FTX vibes.
Also why aren’t they a little bit more transparent about the deal? Are they worried GPT-7 from the future is gonna travel back in time to stop them?
Looking at the Mojo examples it seems like some kind of a superset of Python with lower language features. So you get C like performances if you’re willing to manipulate C like concepts. Truly revolutionary.
Multiple back and forth due to protocol handshakes and router delays would add enough latency to prevent any connection from happening at all if the timeout was set to 0 as stated.
I guess people just like the “it was the time light took to travel” vibe.
There’s too little goods being produced for too much people having money. Therefore the people selling goods can raise prices.
For some reason people assume that workers can’t be left worse off with inflation bc they assume wages have to increase to follow it. It doesn’t have to be the case. In Europe, workers are becoming poorer.
"rewriting in another language reduced the number of servers by 95%" is hard to beat, but at the same time, this saves "only" 2m a year, or about 0.3% of FY22 cost of revenue (per another post)
Pinterest per employee revenue seems to be around 1m, which basically suggest that this could even be a worse than average allocation of resources.
My takeaway would be "don’t bother with this kind of optimisation before you reach a scale where you can afford to do marginal improvements"
Longing == buying a share
Shorting == selling a share
2/ people do it for their own (expected) personal profit
3/ at the market level, these transactions contribute to price discovery
You could imagine banning currency arbitrage, but then you’d have to at the same time enforce somehow consistent prices on all markets (I.e. literally do the same thing as arbitragers do)