The US has public roads, public parks, and public schools. China has private businesses and personal investments. Socialism versus capitalism is just a matter of degree.
Let's see, the economic system that has raised more people out of poverty than any other, young people aren't sure about.
The education system in every country on earth is just..wow.
We should have never socialized the education system.
Capitalism is just a tool to accomplish a task. When it's the wrong tool for a particular task, it becomes a nightmare. The need for regulation points to some of it's lesser shortcomings.
Some people worship it like it's Emacs or something.
Capitalism really has a cult like following. It's not some magical thing that we should all worship. It's a tool! A very useful one too. I would call capitalism analogous to a hammer. Damn useful for a lot of things. However, it can't do everything.
Capitalism is bad at:
High risk investing
Very long time horizons
Valuing some types of natural resources (more on this later)
Valuing human life
No where on earth is there a purely capitalist society outside of complete anarchy (e.g. Somalia). Once a government is established, the first thing it does is socialize something: defense.
Some other things most countries socialize:
police
roads
fire protection
education
Education is a prime example of capitalism dealing poorly with long time horizons. If we took loans out to pay for our entire education, it would be 20 years before we could make the first payment. Most debt is expected to be paid off in less than 30 years.
In terms of natural resources, the value placed on them is based on the labor required to extract them. However, air requires minimal labor to extract. You do it every time you breath. Because of this, we have subconsciously, and collectively agreed that no one owns the air. It is shared by all of us as a community. It's a communist system.
In summary, capitalism is a tool in our economic system, that works along side socialism and communism to get resources to people that need them. The trick is choosing the correct tool for the task!
Did you become an engineer to get rich? Engineering pays quite well, but to get rich you're better off in finance.
Most people become engineers to solve problems. To make life better for everyone. When corporate culture goes against that motive, engineers tend to rebel. This doesn't just apply to Silicon Valley.
I'm intrigued that engineers in Silicon Valley feel they are empowered enough to make such demands. Most engineers just bitch to management about not doing what's in the customer's best interest and move on.
It's much easier to control the training data for an AI than it is for a human.
I agree, it should be easier. However, many AI projects have fallen into this trap. The AI logic is only half of the solution. The other half is high quality training data. Too many projects simply feed historical data to the AI without accounting for the fact the historical decisions were made by humans, and humans have bias. All humans have bias, and most are unaware. This is not insurmountable, but it is difficult. How do you account for something you are unaware of?
Statistical correction of the training data can certainly help. However, I suspect new biases will be revealed, and further correction will be needed. This will take a few iterations.
Maybe the hiring manager has been reading Slashdot and picked up a slight bias against people who did a Gender Studies course along side their major subject.
I'm wondering if part of taking this private is so that their quarterly balances won't be so public.
No doubt this is part of it.
Wall Street wants information that Tesla simply can't disclose because it would lose it's competitive edge. What are the cost targets per vehicle? How will the company reach those targets? If Tesla gives up that information, it would be valuable information for competitors.
At the end of the day, an investment in Tesla is an investment in Musk. Do you trust his planning? Do you trust his ability to overcome obstacles along the way? Some people think he is a liar and a cheat. However, I look at the success of SpaceX and conclude that Musk is entirely capable of leading Tesla to the same success.
My hope is *all* current investors remain with Tesla even if we’re private. Would create special purpose fund enabling anyone to stay with Tesla. Already do this with Fidelity’s SpaceX investment.
For those that don't know, you can pay to have a server on location at the NYSE site in New Jersey. The exchange goes through great lengths to make sure all clients have the same latency. I believe all of the network connections are equal length.
There's a few accounts posing as Elon Musk offering to give away Bitcoin and Ethereum as a "thank you for support". Click on any Twitter post by Musk and it's one of the top replies.
Overthrowing a government is like knocking over a refrigerator. It's difficult to do in one big shove. It's easier to rock it back and forth a few times first. Of course, with that technique, timing is everything.
Unstable governments just need a little shove at the right moment...
Here/Navteq maps have been using township names in my area. Not towns, townships. The township I live in has an obscure name that is completely unrelated to the town name. If it wasn't on my tax bill, I would have no idea it existed. However, Navteq uses that instead of the town name.
Well, I've always thought the International Fixed Calendar was a decent attempt at sanity, but if there's people in the world that can't adopt the metric system, there's no way in hell the calendar could change.
Why did they reuse the Gregorian names and add a month to the summer! The Gregorian calendar already did this and now the names are all messed up. e.g. October, literally translates to "eighth month" in Latin, but is the tenth. When corrections were made to the calendar in the past, these months were made to no longer match their numerical position. It annoys the crap out of me!
If your going to create a new calendar at least name the months sanely:
Unumber
Duober
Triaber
Quattuorber
Quinqueber (or Quintilis)
Sexber (or Sextilis)
September
October
November
December
Undecimber
Duodecimber
Tredecimber
Galileo pretty much proved that the acceleration of a mass by gravity is unaffected by the magnitude of that mass.
Galileo was superseded by Newton, and Newton by Einstein.
Mass is a factor when dealing with large masses at large distances. The earth is too big and we are too close to it to consider everyday objects to be significant.
To summarize, the laws of physics you are using are simplified and apply only on the earth's surface. On an astronomical scale, more complexity is required.
Albert Einstein was right with his theory? Imagine that. I only wish he had lived to see his theories validated like this because he was an exceptional thinker who kept working to within days of his death.
I understand he was very happy with the observations made during the solar eclipse of 1919.
I'm an old fart who once wrote JCL from scratch, but am I the only one who went "Who, what, what, who?"
Ironically, I'm a mechanical engineer with very little software development experience (aside from some data processing), and I knew exactly what this article was talking about.
Most of the open source builds I have found are ancient. Particularly DD-WRT. Unless you are going to build them yourself, you will likely be worse off than using the stock firmware.
The most recent build for my last router (TP-Link?) was pre-heartbleed (2013 IIRC). I just gave up and bought a nice new ASUS router that gets regular updates from the manufacturer.
Slashdot Mirror
As long there is strong regulation behind it keep things honest and upfront. No-small-print capitalism.
True capitalism assumes perfect information in the market to determine a price. Unfortunately, we live in a world of imperfect information.
The US has public roads, public parks, and public schools. China has private businesses and personal investments. Socialism versus capitalism is just a matter of degree.
There isn't a truly capitalist country on earth.
Let's see, the economic system that has raised more people out of poverty than any other, young people aren't sure about. The education system in every country on earth is just..wow.
We should have never socialized the education system.
Capitalism is just a tool to accomplish a task. When it's the wrong tool for a particular task, it becomes a nightmare. The need for regulation points to some of it's lesser shortcomings.
Some people worship it like it's Emacs or something.
Capitalism is bad at:
No where on earth is there a purely capitalist society outside of complete anarchy (e.g. Somalia). Once a government is established, the first thing it does is socialize something: defense.
Some other things most countries socialize:
Education is a prime example of capitalism dealing poorly with long time horizons. If we took loans out to pay for our entire education, it would be 20 years before we could make the first payment. Most debt is expected to be paid off in less than 30 years.
In terms of natural resources, the value placed on them is based on the labor required to extract them. However, air requires minimal labor to extract. You do it every time you breath. Because of this, we have subconsciously, and collectively agreed that no one owns the air. It is shared by all of us as a community. It's a communist system.
In summary, capitalism is a tool in our economic system, that works along side socialism and communism to get resources to people that need them. The trick is choosing the correct tool for the task!
Did you become an engineer to get rich? Engineering pays quite well, but to get rich you're better off in finance.
Most people become engineers to solve problems. To make life better for everyone. When corporate culture goes against that motive, engineers tend to rebel. This doesn't just apply to Silicon Valley.
I'm intrigued that engineers in Silicon Valley feel they are empowered enough to make such demands. Most engineers just bitch to management about not doing what's in the customer's best interest and move on.
It's much easier to control the training data for an AI than it is for a human.
I agree, it should be easier. However, many AI projects have fallen into this trap. The AI logic is only half of the solution. The other half is high quality training data. Too many projects simply feed historical data to the AI without accounting for the fact the historical decisions were made by humans, and humans have bias. All humans have bias, and most are unaware. This is not insurmountable, but it is difficult. How do you account for something you are unaware of?
Statistical correction of the training data can certainly help. However, I suspect new biases will be revealed, and further correction will be needed. This will take a few iterations.
Maybe the hiring manager has been reading Slashdot and picked up a slight bias against people who did a Gender Studies course along side their major subject.
Now you're just being jaded. :)
...garbage out.
If the training data is biased, the AI will learn to be biased. There have been numerous reports on this.
We get space marines when we develop AI and robots.
When the singularity happens, we'll need human space marines to battle Skynet. Better have the space marines ready in advance.
When do we get space marines?
They may not have enough time with their current burn rate.
The problem with burn rate is it's an extrapolation. It ignores the plan to reduce the burn rate.
I'm wondering if part of taking this private is so that their quarterly balances won't be so public.
No doubt this is part of it.
Wall Street wants information that Tesla simply can't disclose because it would lose it's competitive edge. What are the cost targets per vehicle? How will the company reach those targets? If Tesla gives up that information, it would be valuable information for competitors.
At the end of the day, an investment in Tesla is an investment in Musk. Do you trust his planning? Do you trust his ability to overcome obstacles along the way? Some people think he is a liar and a cheat. However, I look at the success of SpaceX and conclude that Musk is entirely capable of leading Tesla to the same success.
Those apologies during last week's earnings call must have left him with a really bad taste in his mouth.
Correct me if I'm wrong, but it seems like this would only be a problem for high frequency traders that don't pay to colocate at the New York Stock Exchange.
For those that don't know, you can pay to have a server on location at the NYSE site in New Jersey. The exchange goes through great lengths to make sure all clients have the same latency. I believe all of the network connections are equal length.
There's a few accounts posing as Elon Musk offering to give away Bitcoin and Ethereum as a "thank you for support". Click on any Twitter post by Musk and it's one of the top replies.
Overthrowing a government is like knocking over a refrigerator. It's difficult to do in one big shove. It's easier to rock it back and forth a few times first. Of course, with that technique, timing is everything.
Unstable governments just need a little shove at the right moment...
You take your car to work
I'll take my board
And when you're out of charge
I'm still afloat
Here/Navteq maps have been using township names in my area. Not towns, townships. The township I live in has an obscure name that is completely unrelated to the town name. If it wasn't on my tax bill, I would have no idea it existed. However, Navteq uses that instead of the town name.
Or contract it out to someone who knows what they're doing, like Jaguar did with the i-Pace
I always wanted an all electric vehicle from "The Prince of Darkness"!
Well, I've always thought the International Fixed Calendar was a decent attempt at sanity, but if there's people in the world that can't adopt the metric system, there's no way in hell the calendar could change.
Why did they reuse the Gregorian names and add a month to the summer! The Gregorian calendar already did this and now the names are all messed up. e.g. October, literally translates to "eighth month" in Latin, but is the tenth. When corrections were made to the calendar in the past, these months were made to no longer match their numerical position. It annoys the crap out of me!
If your going to create a new calendar at least name the months sanely:
Unumber
Duober
Triaber
Quattuorber
Quinqueber (or Quintilis)
Sexber (or Sextilis)
September
October
November
December
Undecimber
Duodecimber
Tredecimber
Galileo pretty much proved that the acceleration of a mass by gravity is unaffected by the magnitude of that mass.
Galileo was superseded by Newton, and Newton by Einstein.
Mass is a factor when dealing with large masses at large distances. The earth is too big and we are too close to it to consider everyday objects to be significant.
To summarize, the laws of physics you are using are simplified and apply only on the earth's surface. On an astronomical scale, more complexity is required.
Albert Einstein was right with his theory? Imagine that. I only wish he had lived to see his theories validated like this because he was an exceptional thinker who kept working to within days of his death.
I understand he was very happy with the observations made during the solar eclipse of 1919.
I'm an old fart who once wrote JCL from scratch, but am I the only one who went "Who, what, what, who?"
Ironically, I'm a mechanical engineer with very little software development experience (aside from some data processing), and I knew exactly what this article was talking about.
I'm usually the one out of the loop here.
Now I have to go put a Jira ticket in.
Hence why we have DD- and OpenWRT.
Most of the open source builds I have found are ancient. Particularly DD-WRT. Unless you are going to build them yourself, you will likely be worse off than using the stock firmware.
The most recent build for my last router (TP-Link?) was pre-heartbleed (2013 IIRC). I just gave up and bought a nice new ASUS router that gets regular updates from the manufacturer.
Visited there many times.
It's essentially a third world country...
How many actual third world countries have you visited?