1,805 karma · joined October 28, 2013
Uber is fundamentally different from regulated taxis. Also, there's no moral framework for the taxi-related regulations (medallion, commercial insurance, etc.). They're both a relic of an age that has passed and a prime example of regulatory capture.
It is worth noting that the byline for the article states this:
> Benjamin Edelman is an associate professor at Harvard Business School and an adviser to various companies that compete against major platforms
I wonder what 'major platforms'.
You link to: https://en.wikipedia.org/wiki/The_Character_of_Physical_Law
"Feynman Lectures on Physics" are: https://en.wikipedia.org/wiki/The_Feynman_Lectures_on_Physic...
1. Regulation: it is very hard to innovate at the pace of the consumer-electronics industry while satisfying FDA regulations.
2. For general purpose applications, signals and measurements are highly noisy and sensors are still deeply in the academic realm, working only in very special use-cases, as opposed to 'in the wild'. It is a different matter for special applications such as Type-I diabetes or other diseases because devices are critically important and patients are willing to tolerate discomfort (of wearing probes, pumps, etc.)
3. In general, predictive power of algorithms tends to be lower for non-genomic health care applications because of variability across individuals, errors in installing devices, rarity of certain types of data for training and validation, etc.
4. Some of the key benefits are hard to grasp for users because of the slow time scales over which things like weight loss occur, and also due to the multi-factorial/multi-component nature of human well-being.
The addictive element of chess reminds me of Satyajit Ray's movie "Shatranj Ke Khiladi" (The Chess Players). The movie is set in the 19th century at the onset of British colonization of the Indian heartland. It is about two noblemen of the Indian province of Awadh who are addicted to chess to such an extent that they have become oblivious to the dramatic changes happening in their households, the province, and the region in general. There's also a decadent dance-obsessed Nawab (provincial ruler). All three elite aristocrats are consumed in their hobbies and addictions while the British are maneuvering to subjugate their province.
Edit: this is in contrast to China where laws are made by diktats.
I am pretty sure some of these arrangements, especially in poorer Asian countries like India, Indonesia, Philippines, Cambodia, Vietnam, etc. are effectively, slavery.
In most cases in Asian countries, live-in housekeepers are paid wages and their families are provided with various amenities and help- kinda like a very small-scale version of the servants' lives in Downton Abbey. But, there are at least two very serious problems: 1. cultural norms allow the servants to be treated very poorly- as second-class citizens, 2. while obscure well-meaning laws exist to prevent trafficking in India, law enforcement doesn't care much if they are treated shittily (physical/mental abuse, nonpayment of wages, etc. often go unreported or are ignored by cops).
The reason for this is that a larger portion of a manufacturing company's competitive strength comes from having great manufacturing equipment, ins into markets, etc. vs. just great engineers or scientists. H1B is necessary because many of these special-skills engineers and scientists are foreigners.
This is also the same reason that hedge fund managers or doctors are paid much more than software engineers- the individual's contribution is more important than in other professions. Does this mean that hedge fund managers are more valuable to society and should be preferred over software engineers in a H1B lottery?
Holman Jenkins wrote an informative and funny piece in today's WSJ on this: https://www.wsj.com/articles/make-america-great-boycott-unit...
I think both are valid approaches depending on your application, available resources, nature of incentives, and the speed at which your market moves.
Such fields are few in 2017. But it's not implausible that in 2014 the only two quick forums in statistics he was aware of were Arxiv and lesser known journals.
I was using it in a sense similar to this: https://en.wikipedia.org/wiki/Masala_film