Comments URL: https://news.ycombinator.com/item?id=42470954

Points: 1

# Comments: 0

What do you think is wrong with people over 60?

I completely agree on risk though and it highlights the core of the argument - building a business is time consuming and risky in a way that being an employee is not.

That’s one reason why business owners are able to capture more profit. They took more risk and placed themselves into a situation where their earnings are not bounded by a single contract.

Everybody has free will and could start a business but not everybody is capable due to skill, capacity, circumstance, etc.

Therein lies the irony. None of the people whining loudest will start a company because it’s risky and fraught with danger but they want all the spoils of ownership and responsibility.

Instead, useful idiots everywhere are proposing to add restrictions to the parts of the system working well.

To begin, you know nothing of the circumstances of millions of people. Certainly not enough to make sweeping statements.

In 2023, there were 5.5 MILLION new businesses started in the USA. Do those people all have generational wealth? of course not.

The reality is it’s easy to start a business but very hard to succeed.

Profit is not surplus value created by worker - that’s a 4 year olds understanding and negates all the other components of the system of which labour is only one.

We have tried “choosing” various “arrangements” (or more correctly, competing economic systems) and evidence points to capitalism being the correct approach to maximise liberty, growth and progress.

Are you suggesting that workers do not have employment contracts where they agreed to trade labour for wages at a fixed price?

Workers always have the choice to take the risk of starting their own company for higher potential earnings.

I agree that a particular sequence of words is copyrightable.

What I'm struggling with is that facts _about_ that corpus of text are not copyrightable. A simple fact could be that the word "bar" is the 5th word. The 6th word is "jazz". Etc.

A model is trained from these "facts" across many source documents. It is thus itself a derived 'fact' given a set of training inputs and parameters, so then how could _that_ then be copyrighted?

Put another way - there's the origin text and then.. is it turtles all the way down and none of it can be copyrighted because its all math and calculations derived from that?

Like any tool, it has its appropriate uses.

Why would you exclude a useful tool from your arsenal because of perceived downsides that are easy to hide from the layer above with appropriate system design?

Comments URL: https://news.ycombinator.com/item?id=37908371

Points: 2

# Comments: 0

When coupled with the fact that there are still a huge number of companies which haven’t yet converted to using these tools and purchasing the market leader for a premium makes total sense.

With regards to component supply - companies that are producing unique chips are worth plenty, where as those that are making COTS components aren’t.

Reminder: Nobody can predict the future.

I think her assessment of the situation is fair.

I also do find myself chuckling at posts like this being upvoted on a website which also leans to new shiny things so heavily.

The problem will solve itself when folks start ignoring products that are half baked. I’m not holding my breath that will be anytime soon..

Look to Australia where renewables are being installed at very high rates.

There are many areas where they are dominating the power mix for large portions of the day.

It seems to me that after ~10 years, half the cargo-culted ideas that young developers go all in on fail. Perhaps that's just long enough for them to get older and gain experience.

Perhaps the real issue here is the "thought leaders" who should know better but are perfectly happy to sell their ideas as risk free, when in fact these things are incredibly context sensitive to the team, problem and company shape.

Nobody ever seems to say "Do you believe what you're saying, or are you simply collecting a speakers fee?".