201 karma · joined March 19, 2020
I dont think it was a good product even back when it did 'work'. We received a pair as a house-warming gift and I remember not understanding how or why I should use them. I already had a soundbar that I could stream music to. I now, out of politeness, had to use these new "wireless" speakers that demanded a constant wifi connection but still required their own Very Visible power cables along with its own dedicated app which was nothing but a wrapper for music services that logged me out after every software update. I couldn't even use it as a dumb speaker and operate it as part of my main sound system so now I have a soundbar that is nicely mounted to the wall and additionally these speakers that clutter my living room. Lovely.
Only if the other vehicle is smaller/lighter. SUVs were relatively uncommon when this perception of safety was established. Its now just something people like to tell themselves as justification for buying an even bigger car.
The background to why Gordon Murray (designer) decided to go with the fan design was the flat-12 engine used by Brabham didn't allow venturi tunnels along the side of the car (flat-12s being too wide) so he had to find another way to respond to the then-new ground-effect others were exploiting.
A neat legal trick was discovered: a fan could be installed on the car as long as its primary purpose was to cool the motor. Primary purpose in this case meant, and GM got a lawyer's opinion on this, at least 51% of the volume of air went to cool the engine. Brabham was very clear this fan sucked the car to the ground but also proved to the governing body that most of the air went to cooling, so it was deemed legal for the rest of the year but the loophole was to be closed for the following year. Stories by Andretti about the BT46 throwing stones and being dangerous to other drivers was complete rubbish made up by Colin Chapman to get the car banned as he saw Brabham would walk away with the championship. In effect the tips of the fans never moved particularly fast (ballpark 50mph along the edges) so it was never dangerous to other drivers.
The actual story as to why it was withdrawn is Bernie Ecclestone, then owner of the Brabham team was also the head of the Formula One Constructors Association and the other manufacturers threatened to leave the association if he didn't withdraw the car. Seeing the bigger picture of securing TV and advertising rights to F1, Bernie withdrew the car after a single race.
1. Gov spends $100 and taxes $90
2. Commercial banks then have $10 (100-90) in reserves at the Fed
3. Treasury is required to sell $10 of bonds to keep its account at the Fed at zero balance. (This collective tally of 'debt' is what everyone loses their minds over)
4. Commercial banks buy these bonds up immediately as long as the interest earned on the bond is greater than the interest earned on the reserves at the Fed.
Important things to remember:
- The $10 'borrowing' done by the government is funded by the deficit it created.
- The treasury doesn't have to issue bonds to fund itself it can simply deficit spend as its done in every major war or during Covid.
- When the treasury does choose to issue bonds the coupons dont need to match market interest rates (this is what the Bank of Japan is doing this very minute). The bonds will always be purchased so long as there is a positive interest rate differential between the bond and the Fed's reserve interest rate.
- Bonds have secondary uses but funding the government is not one of them.
- Government debt = private sector savings. Collectively it represents the excess of money paid into the pvt sector vs whats been taken out via taxation.
- US gov bonds are extremely useful financial instruments used in all sorts of repo operations providing liquidity in the banking sector. They are better than gold!
- Dont stress about government debt. It has never, and will never, be repaid and thats a good thing because it effectively translates to a massive destruction of pvt sector savings.
you could have just said this. everything else you wrote is superfluous justification
Naturally you are correct and I am wrong to dismiss it as unimportant. What I'm saying is that the majority of R/Python users today are not looking for ultimate speed or sophisticated programming paradigms. Most users are doing the unsexy bread and butter of 'Take some tabular data' -> analyse -> report on it and I want to dismiss the argument of 'users will migrate to Julia because of these nifty features' because it ignores the very reasons the existing users use these tools in the first place. It would be as absurd as proclaiming Excel users will switch to Python because the accounts deparment suddenly cares about NLP.
Multiple dispatch? Hmm is this really a problem that I'm going to come across in the real-world when 90% of our time is spent ingesting a poorly-formatted csv, doing some quick plots and perhaps building a model to test something out. If the goal of Julia is to replace R/Python then their priorities feel way off the mark
“It is only mildly amusing that nowadays the standard Republican/Tory after-dinner speech is a two-part affair, in which part one celebrates the virtues of unimpeded competition and dynamic structural change, while part two mourns the decline of the family and community ‘values’ that were eroded precisely by the forces commended in part one. Thus at the present time the core of Republican/Tory beliefs is a perfect non-sequitur. And what does the moderate Left have to offer? Only more redistribution, more public assistance, and particularist concern for particular groups that can claim victim status, from the sublime peak of elderly, handicapped, black lesbians down to the merely poor.”
Link to article here. https://www.lrb.co.uk/the-paper/v16/n07/edward-luttwak/why-f...
Countries that have come to rely upon their property markets for economic/political ends are likely going to come up with ever more elaborate schemes to maintain the above mechanism (UK, Australia, Canada and Denmark spring to mind). Indeed the unhealthy focus on the property market in the UK is a sign of the disconnect between real economic activity and asset inflation. Rationally this is an absurd mechanism for economic growth as it causes large divisions within society but its difficult to see these countries reverse course and what is more likely to happen is growth in private debt levels will level off and overall economic growth will stagnate similar to what Japan has experienced now for 3 (going on 4) decades.
There is a larger problem you're touching on that in most knowledge-workcompanies there is little to no attention paid to the production line process of how that work is 'produced' with the inevitable miasma of low-value busywork ('quick question, where are we with X','thoughts on X??' etc)
Energy density of batteries are around 1/40th of that of kerosene (0.9 mj/kg vs 44mj/kg) so we are talking 44x the energy density we need to make up for to get perfect parity. From what I can find I’ve seen 35% thermal efficiency for modern airliners and I believe 95% for electric motors. Ok so this means we can reduce the density gap required for parity to just under ~ 44/2.5 so ~18/19 mj/kg? (I’m doing this in my head so it’s rough). Rough calls show we need batteries with 20x the capacity to replace what we have right now with electric alternatives. While the gains in battery densities have been impressive we need to keep these gains in mind that we need to be making much bigger gains for this to become a reality. Personally I don’t see it being feasible for a very long time given the progress and I believe we’re better off taking fewer unnecessary flights than hoping on some miracle battery breakthrough
(Edited for clarity)
I think you're on the money. This is the equivalent of us wanting to keep driving around in 2.5ton SUVs by justifying to ourselves that it’s a hybrid
>> Another major point is specifying the metrics. The real world metrics, not AUC or F1 scores. You need collaboration to get there, too.
>> you need their help getting data, and their expertise to understand it.
All this x100. And it's made worse as this humility isn't taught in schools and rarely asked in data science interviews
If I could redo my twenties, I would tell myself to choose some topic I cared about, find publicly available data on that topic, and just start exploring the dataset with basic pivot tables and graphs. Ideally write up what you found and publish it somewhere. As you find interesting things in your data you'll naturally start asking more questions and you'll learn modeling techniques as a function of those questions and writing about will help you become a clear communicator (this matters far more than technical knowledge)
I haven't found that to be the case. Loading a 2gb CSV file when you have 8gb of ram is touch and go with pandas but with data.table it’s a breeze not to mention operations once loaded up are a fair-bit faster. The pythong version has recently been released and already provides a serious speed bump over pandas not to mention out the box memory-mapping for huge files. I recommend checking it out if you haven't heard of it https://h2oai.github.io/db-benchmark/