Almost used mod points to mark this as a troll, but decided to give you a reasoned response. Much of the banking regulation in the U.S. today is politically motivated for appearance sake, and is in fact to the disadvantage of both lenders and individual borrowers.
Take for example the fair lending act, which seeks to protect consumers from predatory lending. One thing it does is to block lenders of record (banks) from considering certain data like race, geography, certain employment facts, most social data, etc. Underwriting models have to use approved metrics. The goal of this is to keep lending fair and prevent banks from using things like race when deciding loans.
Most of this sounds great, however it actually means that a whole set of people will never get bank loans. Instead of developing intelligent models that are nuanced enough to identify credit worthy high risk individuals, banks rely on things like FICO and wont consider anyone below a given score.
As a result banks cant price the risk for tons of very poor people that need loans, and as a result those people end up having to take payday loans at 300% annual interest.
The banks hate this. Consumers suffer. Some politicians get to look good.
Actually they have done extensive rerouting based on traffic pattern data. Some examples include:
(1) Express cross town streets that bar left/right turns on most avenues. (2) Tons of bike and bus lanes with restrictions on car traffic. (3) Eliminating lanes an altering the flow of traffic on Brodway above Union Square
The real VCs will not throw money out the window. Good luck getting a seed round right now. Many of the top VCs are refusing to do them now as the returns have been so lack luster. They want to see a solid team, and at least 3 months of numbers demonstrating traction. Then maybe they will partake in an A.
They are meticulous and they do their homework. On pitch days (twice a week?), how many dozens of decks do you think they see? Over the course of a year hundreds. Of those a partner will do maybe a dozen deals?
Then there are the wannabes with stacks of cash and no clue. They have no idea what they are doing and will piss away their funds on bullshit. No one will notice because it takes a few years before the portfolios hit maturity.
Definitely not true. Go read through the WSJ forums. Its populated by true believers of the far right. Its about 80/20 favoring strong distaste for these programs.
From what I have seen and heard from Google engineers (and I know quite a few) its alive and well. Many spend in excess of 50% of their time on 20% time projects. They have some legit related complaints though.
(1) The OKR and promotions process is extremely time consuming. (2) The peer review process is even worse. They often state that every 3 months, they lose 1-2 weeks dealing with reviews. (3) Many teams are weighed down by far too many people that have never worked outside of Google, so they have no idea about real world issues or how the rest of the world needs to interact with them. Man projects get derailed or delayed by absurd unnecessary excursions led by very smart but naive 25yo kids that are somehow level 5 or 6.
The end result is not that 20% time projects are suffering, but that actual projects are suffering. Engineers get frustrated and then use 20% time projects to switch teams.
To be honest, many of the best people I know there cant wait to leave or already have.
You guys have a fundamental misunderstanding of what the consequences of this will be.
(1) There will still be cookies, just not 3rd party cookies. You will still see ads, they will just not be as relevant to you. I for one would prefer relevant ads for things that are potentially useful, to ads for menapause treatments. (2) You will still be tracked. Instead of client side cookies, websites will integrate directly with the ad-servers, passing off your 1st party session data directly. It will likely result in much more information being exchanged and stored about you. In addition, unlike 3rd party cookies, this will all be behind the scenes with no transparency at all. (3) The value of ads on most common sites will decrease without the 3rd party pixel, so as a result there will be many many more ads, and they will be much more obnoxious. (4) As a result of 2 & #, it will be harder for small companies an individuals to start ad supported sites, but easier for the big players.
Congratulations Mozilla! More ads, more annoying ads, more user tracking done in secret and increased market dominance by a select few. Thanks!
Oh and if you have any doubt at all that Craig is working backwards from his own preferred conclusion, consider his words:
"The way in which I know Christianity is true is first and foremost is the basis of the witness of the Holy Spirit in my heart. And this gives me self-authenticating means of knowing Christianity is true wholly apart from the evidence. And therefore, even if in some historically contingent circumstances the evidence that I have available to me should turn against Christianity, I do not think that controverts the witness of the Holy Spirit.""
Dude, the name and methods of the organization reveal that they reasoning is inherently flawed. They started with a conclusion that they want to rationalize, and then work backwards trying to "prove" it. Thats not empiricism.
Also, the fact that you didn't notice the multiple occasions when Craig was intellectual dishonest in that debate pretty clearly demonstrates that you too have a conclusion you prefer, and are now working backwards to justify it.
Slashdot Mirror
You crackpots keep saying stuff like this, but where is the inflation?
Almost used mod points to mark this as a troll, but decided to give you a reasoned response. Much of the banking regulation in the U.S. today is politically motivated for appearance sake, and is in fact to the disadvantage of both lenders and individual borrowers.
Take for example the fair lending act, which seeks to protect consumers from predatory lending. One thing it does is to block lenders of record (banks) from considering certain data like race, geography, certain employment facts, most social data, etc. Underwriting models have to use approved metrics. The goal of this is to keep lending fair and prevent banks from using things like race when deciding loans.
Most of this sounds great, however it actually means that a whole set of people will never get bank loans. Instead of developing intelligent models that are nuanced enough to identify credit worthy high risk individuals, banks rely on things like FICO and wont consider anyone below a given score.
As a result banks cant price the risk for tons of very poor people that need loans, and as a result those people end up having to take payday loans at 300% annual interest.
The banks hate this. Consumers suffer. Some politicians get to look good.
Actually they have done extensive rerouting based on traffic pattern data. Some examples include:
(1) Express cross town streets that bar left/right turns on most avenues.
(2) Tons of bike and bus lanes with restrictions on car traffic.
(3) Eliminating lanes an altering the flow of traffic on Brodway above Union Square
It was vulgar and inappropriate, but not sexist.
One might wonder though if its a good idea to seek to suppress all expressions of sexuality and attraction. Its not healthy.
More like $100b minimum.
Historical PE ration pre 1990s insanity was 10-20 ($100b).
From 2000-2010, 20-40x was more normal. So $200b.
Its fine, his trojan is on point.
Who is the expert on this question?
Given that we are discussing the viability of commercialization given costs and risks, Ill take the entrepreneur's opinion over the astrophysicist's.
The real VCs will not throw money out the window. Good luck getting a seed round right now. Many of the top VCs are refusing to do them now as the returns have been so lack luster. They want to see a solid team, and at least 3 months of numbers demonstrating traction. Then maybe they will partake in an A.
They are meticulous and they do their homework. On pitch days (twice a week?), how many dozens of decks do you think they see? Over the course of a year hundreds. Of those a partner will do maybe a dozen deals?
Then there are the wannabes with stacks of cash and no clue. They have no idea what they are doing and will piss away their funds on bullshit. No one will notice because it takes a few years before the portfolios hit maturity.
That most judges are also lawyers.
So the are just as fucked in the head and share the same vested interest in destroying life for the rest of us as do normal lawyers.
Not sure I'd list Xbox One as a failure yet. Xbox has been pretty solid in general.
Did jetblue have the full details of the investigation? If not then refusing service until they got it was probably the responsible thing to do.
http://www.stanleysubmarines.com/
Though he doesn't go as deep.
Its perfectly reasonable to fear religious people covered in suspicious chemicals and Jetblue is well within their rights to refuse them travel.
Religion kills.
Definitely not true. Go read through the WSJ forums. Its populated by true believers of the far right. Its about 80/20 favoring strong distaste for these programs.
Except when they are starting wars in North Africa, which seems to be happening a lot these days.
France, Germany, England, Italy. they were ones pushing for intervention in Libya. NOT the U.S.. Then there was France's recent excursion in Mali.
Germany's oppressive economic imperialism through the southern euro states.
Sure. Real quiet.
Also spain takes in a fraction of the south americans that the U.S. does. Partially by law, partially because no one wants to move there.
I'm hardly a U.S. jingoist, but europeans should stop acting like their shit don't stink. Their governments are almost as bad as the U.S.
No its in Cuba. Thats why U.S. constitutional rights do not apply. Which is why Bush built the prison there.
From what I have seen and heard from Google engineers (and I know quite a few) its alive and well. Many spend in excess of 50% of their time on 20% time projects. They have some legit related complaints though.
(1) The OKR and promotions process is extremely time consuming.
(2) The peer review process is even worse. They often state that every 3 months, they lose 1-2 weeks dealing with reviews.
(3) Many teams are weighed down by far too many people that have never worked outside of Google, so they have no idea about real world issues or how the rest of the world needs to interact with them. Man projects get derailed or delayed by absurd unnecessary excursions led by very smart but naive 25yo kids that are somehow level 5 or 6.
The end result is not that 20% time projects are suffering, but that actual projects are suffering. Engineers get frustrated and then use 20% time projects to switch teams.
To be honest, many of the best people I know there cant wait to leave or already have.
Yep. Good.
That government was openly plotting to strip over half the population of their rights. Religion is a disease. It must be purged.
Pravda is not propaganda. Its comedy, its more like the enquirer.
UFOs, aliens and crazy conspiracy theories are frequent.
You guys have a fundamental misunderstanding of what the consequences of this will be.
(1) There will still be cookies, just not 3rd party cookies. You will still see ads, they will just not be as relevant to you. I for one would prefer relevant ads for things that are potentially useful, to ads for menapause treatments.
(2) You will still be tracked. Instead of client side cookies, websites will integrate directly with the ad-servers, passing off your 1st party session data directly. It will likely result in much more information being exchanged and stored about you. In addition, unlike 3rd party cookies, this will all be behind the scenes with no transparency at all.
(3) The value of ads on most common sites will decrease without the 3rd party pixel, so as a result there will be many many more ads, and they will be much more obnoxious.
(4) As a result of 2 & #, it will be harder for small companies an individuals to start ad supported sites, but easier for the big players.
Congratulations Mozilla! More ads, more annoying ads, more user tracking done in secret and increased market dominance by a select few. Thanks!
Aside from the name and the founder, there is very little in common between CouchDB and Couchbase.
I'm pretty sure that Couchbase is initially being built around memcache.
Piracy will help your business model. Just put your content on your website and update it regularly.
If the content is truly technical you should get a CPM of many dollars.
Really, two of the worst IDEs out there. Of the memory bloated ones out there, I can really only stomach the Jetbrains stuff.
Oh and if you have any doubt at all that Craig is working backwards from his own preferred conclusion, consider his words:
"The way in which I know Christianity is true is first and foremost is the basis of the witness of the Holy Spirit in my heart. And this gives me self-authenticating means of knowing Christianity is true wholly apart from the evidence. And therefore, even if in some historically contingent circumstances the evidence that I have available to me should turn against Christianity, I do not think that controverts the witness of the Holy Spirit.""
Dude, the name and methods of the organization reveal that they reasoning is inherently flawed. They started with a conclusion that they want to rationalize, and then work backwards trying to "prove" it. Thats not empiricism.
Also, the fact that you didn't notice the multiple occasions when Craig was intellectual dishonest in that debate pretty clearly demonstrates that you too have a conclusion you prefer, and are now working backwards to justify it.