But, fundamentally, there isn't really any difference between this and a flash crash, except that a flash crash might have more than one algorithm involved, with multiple firms dumping multiple shares. Ideally, such a crash should only hurt those stupid firms that are involved in the dumping. The problem is that those stupid firms are big banks that own everything and affect anyone with a bank account. And they'll just get bailed out rather than failing.
The whole problem stems from the fact that the stock market has been perverted (by design) into a system where the focus is on the trade and not the ownership of stocks. The basic idea of a corporation is that people can own a part of a company in a sort of super-partnership, and have some vested interest in how the company performs, and have some say in the direction of the company by serving on the board. Of course, the rules of public trading have totally destroyed any connection between the stockholder and the company. Shares are nothing more than trade-able titles, no different than properties, futures, and sub-prime mortgages. It's all just a gambling game. Except that if you are big, you can't lose.
I've said this before, and I'll say it again. We need to get rid of stupid rules against "insider trading" as if it were somehow wrong to be knowledgeable about a company that you have a part-ownership in. Shares can't be just gambling chips, but need to regain their status as legitimate interests in a corporation. This is the best defense against these automated trading algorithms, which shouldn't be able to compete against people who actually are involved in the company. A common rebuke is that common proletarians don't have the same access to insider information as elite businessmen meeting in country clubs. This just means that the common person needs to look more local. If ze can't get information about a corporation, ze shoudn't be buying it.
Good point. We have all seen idiots on the road who are much worse than normal. It's kind of hard to notice drivers who are much better than normal. I'm sure it's a very skewed distribution. Maybe the survey question should be reworded, "Are you more skilled than the median driver?"
This study just corroborates what I already knew. People are shallow. Especially all you Comic Sans haters. I think half the Comic Sans hatred is just because it has become trendy to hate Comic Sans.
It's lucrative being evil. Even if the vast majority of people are disgusted by Chick-Fil-A, the result is positive for Chick-Fil-A, since most of the boycotters probably didn't eat there before anyway. If you factor in the prior probabilities, then Chick-Fil-A comes out way ahead. The lesson is simple, if you do not already have a massive market share, any publicity is good publicity. If you have 1% market share, and you turn away 90% of your current customers, but gain 2% market share of new customers that's an easy win.
Err, the story you linked to doesn't paint the Family Research Council in much better light. Yeah, the story was twisted and sensationalized, but not completely fabricated.
Bwahaha. I can totally see Scripps doing this on purpose, but not for the reason you stated. The only awareness that Scripps is interested in raising is the existence of Scripps Local News, which I never heard of until now.
At the end of the day, there will have to be an arbitrary demarcation delineating who counts as a woman. No matter where this imaginary line is placed, there will be some cases where it seems unfair or wrong. Some athletes will push for the line to be moved this way or that way, but this just shifts who is on the line. We just have to come to some agreement that for the purposes of this game some people will compete in this category and some in this other category, and that's just how it is.
Fusion isn't really concerned with fundamental physics. We are studying the complex phenomena inside a fusion reactor, which is very far from the deepest level of reality. In fact, most of what goes on in a fusion reactor can be described using classical physics. That doesn't mean it's simple.
Frankly, the onus should be on the petroleum companies to prove that fracking is safe--not on third-party scientists to prove that fracking is dangerous. There isn't much clear measurement of the environmental impact of fracking because the scale and depth of the operation make it difficult to measure. The problems could arise hundreds of years in the future. The fracking chemicals could diffuse over wide areas, which make population studies very hard to localize. If fracking kill 10000 people over 100 years, would we even notice?
Perhaps this is the original mission of the Department of Energy, but this is not what most Americans want. Do you prefer to have oil wells in your backyard, or in Nigeria? Why exhaust our own resources when we can import resources from other countries and export the pollution? Besides, since petroleum reserves are finite, we have better long-term energy security by not exhausting our own supplies.
Just because it's unfair doesn't make it a cheat. Is 7.1 stereo also a cheat then? What about mice with 2000 DPI? Direct T3 connection to the server? Low latency keyboard drivers? There are all sorts of advantages that can be had.
Slashdot Mirror
But, fundamentally, there isn't really any difference between this and a flash crash, except that a flash crash might have more than one algorithm involved, with multiple firms dumping multiple shares. Ideally, such a crash should only hurt those stupid firms that are involved in the dumping. The problem is that those stupid firms are big banks that own everything and affect anyone with a bank account. And they'll just get bailed out rather than failing.
The whole problem stems from the fact that the stock market has been perverted (by design) into a system where the focus is on the trade and not the ownership of stocks. The basic idea of a corporation is that people can own a part of a company in a sort of super-partnership, and have some vested interest in how the company performs, and have some say in the direction of the company by serving on the board. Of course, the rules of public trading have totally destroyed any connection between the stockholder and the company. Shares are nothing more than trade-able titles, no different than properties, futures, and sub-prime mortgages. It's all just a gambling game. Except that if you are big, you can't lose.
I've said this before, and I'll say it again. We need to get rid of stupid rules against "insider trading" as if it were somehow wrong to be knowledgeable about a company that you have a part-ownership in. Shares can't be just gambling chips, but need to regain their status as legitimate interests in a corporation. This is the best defense against these automated trading algorithms, which shouldn't be able to compete against people who actually are involved in the company. A common rebuke is that common proletarians don't have the same access to insider information as elite businessmen meeting in country clubs. This just means that the common person needs to look more local. If ze can't get information about a corporation, ze shoudn't be buying it.
Damage? AFAIK, Knight is the only one who got damaged here by its own stupidity. This is good for everyone else.
Good point. We have all seen idiots on the road who are much worse than normal. It's kind of hard to notice drivers who are much better than normal. I'm sure it's a very skewed distribution.
Maybe the survey question should be reworded, "Are you more skilled than the median driver?"
Note that Carl's signature is in color.
The larger science experiments all have collaborations with universities and groups around the world.
This study just corroborates what I already knew. People are shallow. Especially all you Comic Sans haters. I think half the Comic Sans hatred is just because it has become trendy to hate Comic Sans.
You missed the entire point of the secret ballot.
because our system is total bullshit.
It's lucrative being evil. Even if the vast majority of people are disgusted by Chick-Fil-A, the result is positive for Chick-Fil-A, since most of the boycotters probably didn't eat there before anyway. If you factor in the prior probabilities, then Chick-Fil-A comes out way ahead. The lesson is simple, if you do not already have a massive market share, any publicity is good publicity. If you have 1% market share, and you turn away 90% of your current customers, but gain 2% market share of new customers that's an easy win.
Err, the story you linked to doesn't paint the Family Research Council in much better light. Yeah, the story was twisted and sensationalized, but not completely fabricated.
Wow, that legal clerk would be in for some long overtime.
Bwahaha. I can totally see Scripps doing this on purpose, but not for the reason you stated. The only awareness that Scripps is interested in raising is the existence of Scripps Local News, which I never heard of until now.
"Honey, I'm working late again today. Gotta get those TPS reports in by tomorrow morning."
It would make a whole lot of sense, but it would suck. I'd rather have a more interesting games than a more fool proof one.
At the end of the day, there will have to be an arbitrary demarcation delineating who counts as a woman. No matter where this imaginary line is placed, there will be some cases where it seems unfair or wrong. Some athletes will push for the line to be moved this way or that way, but this just shifts who is on the line. We just have to come to some agreement that for the purposes of this game some people will compete in this category and some in this other category, and that's just how it is.
Fusion isn't really concerned with fundamental physics. We are studying the complex phenomena inside a fusion reactor, which is very far from the deepest level of reality. In fact, most of what goes on in a fusion reactor can be described using classical physics. That doesn't mean it's simple.
Too many kids are dropping out of school. The logic is clear; we could have fewer kids dropping out we don't require them to learn anything.
Bad idea. The company might come back and accuse you of stealing company data. Which you did.
Frankly, the onus should be on the petroleum companies to prove that fracking is safe--not on third-party scientists to prove that fracking is dangerous. There isn't much clear measurement of the environmental impact of fracking because the scale and depth of the operation make it difficult to measure. The problems could arise hundreds of years in the future. The fracking chemicals could diffuse over wide areas, which make population studies very hard to localize. If fracking kill 10000 people over 100 years, would we even notice?
Perhaps this is the original mission of the Department of Energy, but this is not what most Americans want. Do you prefer to have oil wells in your backyard, or in Nigeria? Why exhaust our own resources when we can import resources from other countries and export the pollution? Besides, since petroleum reserves are finite, we have better long-term energy security by not exhausting our own supplies.
Do you mean, "An 'armed churchgoer' is orthogonal to 'off-duty police officer.'"
And for the students who can't or won't keep up? Darwin will take care of them?
10 years is too short. How about 14 years instead, with the option to extend it to 28 years?
Just because it's unfair doesn't make it a cheat. Is 7.1 stereo also a cheat then? What about mice with 2000 DPI? Direct T3 connection to the server? Low latency keyboard drivers? There are all sorts of advantages that can be had.
I dunno. Rats are cute, and people still call for their destruction. (Am I the only person who thinks they are achingly cute?)