Hacker News: lvl102

New comment by lvl102 in "The death of the 60/40 portfolio"

lvl102 — Tue, 23 Apr 2024 19:19:25 +0000

Wouldn’t it be more economically and fiscally efficient to…pay people after retirement by printing money on demand? It’s effectively what we are doing except we now introduced a bunch of middlemen (Wall Street) and funnel retirement money into vehicles for the rich. Current system makes no sense to me.

New comment by lvl102 in "An electric new era for Atlas"

lvl102 — Wed, 17 Apr 2024 18:18:34 +0000

I am so glad Masayoshi sold BD to Hyundai so Elon didn’t get his hands on them. They can easily go public for $10B.

New comment by lvl102 in "Macs to Get AI-Focused M4 Chips Starting in Late 2024"

lvl102 — Thu, 11 Apr 2024 22:32:59 +0000

I guess they needed to support the stock today? This is just saying they will roll out M4 chips after M3. How prescient!

New comment by lvl102 in "End of the Line? Saudi Arabia to scale back plans for desert megacity"

lvl102 — Thu, 11 Apr 2024 09:27:42 +0000

You’re right. It’s a gross generalization. But it is based on my personal and professional experience.

New comment by lvl102 in "End of the Line? Saudi Arabia to scale back plans for desert megacity"

lvl102 — Thu, 11 Apr 2024 09:13:47 +0000

Think about the fact that education is pretty much free there. They even pay for Western institutions to set up satellite campuses. You’d think they should have the most educated and skilled labor in the world. At some point, you have to realize it’s cultural: they don’t want to work.

Funny you mention Switzerland because they have some of the highest skilled labor in the world.

New comment by lvl102 in "End of the Line? Saudi Arabia to scale back plans for desert megacity"

lvl102 — Thu, 11 Apr 2024 08:48:23 +0000

For decades, they wanted to diversify away from oil and build tech industries. The problem is they don’t have skilled labor and would have to import “slaves” as they do with everything. They have some of the lowest skilled and laziest labor in the world. If/when dependence on oil ends, these countries will go back to being poor.

Edit: contrast ME with Mexico who is running out of oil. Yet, they are able to build because they happen to have some of the hardest working labor in the world (though not notably skilled). I rather bet on Mexico revival over ME 100/100.

New comment by lvl102 in "996 working hour system"

lvl102 — Wed, 10 Apr 2024 17:58:01 +0000

I don’t think people in East Asia work harder at all. It’s mostly sitting around and taking two hour lunches. I regularly worked 80-100 hours for most of my 20s and early 30s. It’s not sustainable at all and 95% of the population do not even have the physical and mental stamina to do it for more than a couple of weeks out of the year. Out of all the places I’ve experienced, East Coast (and particularly NYC) has the hardest working culture. It’s not even close.

New comment by lvl102 in "996 working hour system"

lvl102 — Wed, 10 Apr 2024 16:40:57 +0000

And you wonder why China is experiencing brain drain. Rest of world is moving toward 4-day work week and these guys think their citizens are dumb enough to slave away their lives.

New comment by lvl102 in "Meta used monolithic architecture to ship Threads in only five months"

lvl102 — Wed, 10 Apr 2024 10:06:09 +0000

I didn’t know Threads is still a thing. It is still very much barebones and frankly laughable for a product pushed out by a trillion dollar company. The fact that it took them five months is even more comical considering that all they did was pare down IG.

New comment by lvl102 in "After AI beat them, professional Go players got better and more creative"

lvl102 — Mon, 08 Apr 2024 20:27:53 +0000

Pro players train with AI and you can often see “blue dot” moves in tournament settings.

New comment by lvl102 in "Boeing put Wall Street first, safety second ahead of Alaska Air blowout"

lvl102 — Sun, 07 Apr 2024 17:23:14 +0000

And the same is happening for AI. It’s destined to blow up spectacularly down the road.

New comment by lvl102 in "Tesla Cancels Mass-Market $25,000 Car, Musk Says This Is a Lie"

lvl102 — Sun, 07 Apr 2024 00:51:33 +0000

How’s that prejudice? If you went and worked for Tesla after 2020 when all of their flaws were out in the open, then you opted into that environment. Are you saying you don’t make hiring decisions based on resume and where people worked? Hiring is always a subjective process. “Cultural fit” is a thing.

New comment by lvl102 in "Tesla Cancels Mass-Market $25,000 Car, Musk Says This Is a Lie"

lvl102 — Sat, 06 Apr 2024 18:13:11 +0000

That’s interesting. Anyone with Tesla after 2020 would be auto-reject in my book.

New comment by lvl102 in "Tesla Cancels Mass-Market $25,000 Car, Musk Says This Is a Lie"

lvl102 — Sat, 06 Apr 2024 17:24:41 +0000

Tesla is stuck with him and that will be the end. I do wonder why anyone with talent would work for Tesla at this point. Such a polarizing thing to have on your cv.

New comment by lvl102 in "Bringing GPU acceleration to Polars DataFrames in the near future"

lvl102 — Thu, 04 Apr 2024 16:30:23 +0000

Nice. RAPIDS with pandas is pretty fast so looking forward to what’s ahead.

New comment by lvl102 in "Tesla stock drops 29% in first quarter as global dominance wanes"

lvl102 — Sun, 31 Mar 2024 22:35:32 +0000

So Tesla is not like other companies…that survived secular changes. Tesla demographics changed quite a bit in the past five years.

New comment by lvl102 in "Novo Nordisk facing pressure as study finds $1k drug can be made for $5"

lvl102 — Sat, 30 Mar 2024 21:10:09 +0000

Who educates these scientists through PhD programs? Oh, OK. So we are paying these people to get their PhDs so they can go and start a company to scalp people with drugs that deliver 10% lift in efficacy. What a scam model.

New comment by lvl102 in "Intel Brags of $152B in Stock Buybacks. Why Does It Need an $8B Subsidy?"

lvl102 — Thu, 28 Mar 2024 11:56:39 +0000

Because if the US doesn’t, Intel can go elsewhere. The problem with fabs in US is well documented. We simply do not have the necessary skilled labor.

New comment by lvl102 in "Apple M3 Ultra chip will be redesigned as its own standalone chip"

lvl102 — Thu, 28 Mar 2024 10:54:40 +0000

This guy has no idea what he’s talking about. He’s just a Youtuber with zero background.

Edit: not saying he’s always wrong but his intention is to get clicks.

New comment by lvl102 in "U.S. sues Apple, accusing it of maintaining an iPhone monopoly"

lvl102 — Thu, 21 Mar 2024 22:14:14 +0000

How were consumers harmed from iMessage? Apple doesn’t stop people from downloading Whatsapp and hundreds of other communication apps. The only semi-valid argument they have is the app store. And even that is 10-20% chance considering Apple’s market share. Even though this is DoJ, this is all a part of Lina Khan’s naive crusade against NATURAL monopolies. Just because she doesn’t understand economics and how the real world operates in 2024.