252 karma · joined February 17, 2011
The previous HN discussion on this topic is here: https://news.ycombinator.com/item?id=7702796
As one of my tasks at my previous job I investigated a bunch of data analysis/reporting solutions for our use. None of them provided that combination with any finesse. We ended up writing our own solution as a thin wrapper over SQL that output data either to the browser or to Excel. It served our purposes, but it was a compromise.
This new feature from Chartio, if the video and post are to be believed, would have been perfect. Now if only they offered an appliance so companies could use it without shipping data out.
This is elegant to me because it approaches the problem in a bottom up way: "how can we more equitably target candidates so that we don't miss potentially great fits?", instead of top down: "how can we include more of these specific groups in our candidate pool?"
He (along with an unnamed co-author) wrote a report that analyzed data from public sources about authors' revenue segmented on publishing model and popularity, among other dimensions. The results are fascinating.
Either way, it would be cool to see a writeup about how you implemented this.
The bigger issue is that it takes lots of time and effort for back-and-forth with each state to get authorized. One person has maybe the bandwidth to obtain compliance with up to 3 states at a time, and this is for someone who knows the legal background very well. So you need to staff a pretty large compliance department off the bat to become compliant before engaging in money transmission (and thus before earning revenue). That's hugely expensive.
source: I work for a money transmitter.
(just FYI, until this decision, HN had the most seamless signup procedure I've ever encountered on a website)
Once, she and the lab tech were having issues with their analysis program for a set of data. It was producing errors randomly for certain inputs, and the data "looked wrong" when it didn't throw an error. I came with her to the lab on a Saturday and looked through the spaghetti code for about 20 minutes. Once I understood what they were trying to do, I noticed that they had forgotten to transpose a matrix at one spot. A simple call to a transposition function fixed everything.
If this had been an issue that wasn't throwing errors, I don't know whether they would have even found the bug. I've been trying to teach my gf a basic understanding of software development from the ground up, and she's getting a lot better. But this does appear to be a systemic problem within the scientific community. As the article notes, more and more complicated programs are needed to perform more detailed analysis than ever before. This problem isn't going to go away, so it's important that scientists realize the shortcoming and take steps to curb it.
It probably shouldn't have gone into the economic value of bitcoin specifically, since it doesn't address most of the economic arguments against bitcoins.
It seems that most commenters here are nitpicking the OP's individual points mostly due to their snarky/inflammatory wording and due to imperfect analogies like the comparison to the gold standard.
No, bitcoin isn't exactly like the gold standard. However, does it peg the value of the currency to an invisible standard (the money supply curve [mining])? Yes. Yes it does. Does this remove any and all flexibility from the currency? Yes. It is, in fact, bitcoin's decentralization that is its core weakness. It makes it impossible to expand the economy without devaluing the currency (see wikipedia for deflationary spiral). Transaction fees don't count, since they don't expand the money supply: they simply help the mining metaphor continue when the injection curve has been exhausted (by redistributing, not creating).
http://www.cs.washington.edu/homes/brun/pubs/pubs/Kiddon11.p...
Enjoy. It's easily the most hilarious academic paper I've read.
Passwords should always be salted and hashed.
Credit card info should always be HSM-protected so that it is irretrievable except through a hardware API.
What was Sony thinking!?
*edit: other than the app-ness, of course.
1) A PhD prepares you for academia. However, due to the market being flooded with PhD's, industry won't accept you for a research position without one, even if you don't need it. In a perfect world, a Master's should suffice if it gave you any lab experience at all (at least in science). If industry does accept you despite not having a PhD, your salary will be lower, your career will be capped, and you won't move as quickly through the ranks.
2) The incentives are in all the wrong places. Schools want funding. They get funding by writing grants, which requires research. They want to do the research as cheaply as possible so as to maximize how far each dollar goes. So, they have a very strong incentive to keep grad students in limbo as long as possible, delaying graduation. Since grad students often have major loans left over from undergrad, and the additional degree keeps them from having to make payments, they'd rather be stuck in grad limbo for years than be stuck without a job. This is especially true since student loans (both public and private) in the U.S. are inescapable (you cannot bankrupt your way out of a student loan).
3) Even afterwards, really badly paid postdoc positions keep you in academia for 3-4 more years before you can do anything with your education. It's almost indentured servitude with the "promise" of a better future (by the time you're 35). Unlike MD's who actually have a good salary in sight after they graduate, PhD's (after several postdocs) can only hope to make up to $120-130k after all is said and done (unless they climb corporate ranks in industry).
4) Research is fraught with politics. Instead of trying to actually contribute to the human knowledge pool, you compete with other labs for funding, for research (to be the first one that discovers something), and for spots in the best journals. When you discover a neat paper, it's a game of "what can I do bouncing off of this research that will get me published in an awesome journal" instead of "let's collaborate with this lab, leveraging our strengths to contribute to human progress". Quite often, several labs are running the same experiments just because they want to be the first to make a critical breakthrough. Competition can be great, but it can also result in wasted effort and bitterness at life.