Readit News logoReadit News
40acres commented on US public debt projected to reach 181% of economic activity in 30 years   apnews.com/article/debt-d... · Posted by u/geox
40acres · 2 years ago
Someone framed debt to gdp ratio like this: if your debt is 150% of your GDP. It would take a year and a half to pay off your debt if all the national income (gdp) was allocated to payments.

No obviously this isn’t a realistic policy - but if we can have “war-time” economies as proven in the past it reasons that we can have an economy solely focused on the repayment of debt (idk, high taxes for a decade?). Am I tripping?

40acres commented on US public debt projected to reach 181% of economic activity in 30 years   apnews.com/article/debt-d... · Posted by u/geox
onlyrealcuzzo · 2 years ago
> The best thing about it is that the Fed holds most of that debt so they kind of monetized it with no major repercussions.

You mean beside a lost 30 years, one of the lowest rates of family formation, and a high rate of suicide among young people?

Sure.

40acres · 2 years ago
What does that have to do with the debt?
40acres commented on Google is selling all my personal information in Google Domains to Squarespace?   twitter.com/GergelyOrosz/... · Posted by u/raybb
w_for_wumbo · 3 years ago
I do think when a company is bought by another, you should need to 'opt-in' to continuing your business with them. There shouldn't be an assumption that consent is transitive and that if you consented to Company A having your information, that you're also happy with Company B that takes over also having it.

It's the same thing with time; consent when given should not be eternal. I don't want to be contacted by a company I signed up to 12 years ago and forgot about to contact me about a new product.

40acres · 3 years ago
I’m not sure about this one - seems like it significantly reduces the value of data, which would have a downstream impact on the entire industry. I guess that’s what you intended, but my mind quickly went to a rabbit hole with the second order effects of this one.
40acres commented on Samsung bans use of A.I. like ChatGPT for employees   cnbc.com/2023/05/02/samsu... · Posted by u/mrkramer
40acres · 3 years ago
The market is definitely there for enterprise LLMs. Everyone is using GPT for work. I use it to provide stubs for memos and to brainstorm - but the real value comes from replace internal “tribal knowledge” with an AI who knows your org in and out.
40acres commented on LVMH becomes the first European company to surpass $500B in market value   cnbc.com/2023/04/24/lvmh-... · Posted by u/mfiguiere
boeingUH60 · 3 years ago
Isn’t it sad that the first $500b+ company from Europe is a peddler of vanity and overpriced luxury items?

Not a fan of enormously big companies, but at least the U.S. has the likes of Amazon, Tesla, and Microsoft offering much utility.

LVMH, on the other hand, is Europe’s most valuable company? What a sore lack of innovation…I’m not even surprised because it’s from the continent that still has a lot of kings and queens (albeit ceremonial)…still doesn’t change my mind because I believe royals are the biggest grifters on earth.

40acres · 3 years ago
Some would say your first paragraph describes Apple.
40acres commented on Ask HN: V2 – Laid off folks, are you getting hired yet?    · Posted by u/bosch_mind
71a54xd · 3 years ago
I assume non-startup / large company? Congrats on the role.
40acres · 3 years ago
Thanks. It’s a startup of about 100-150 people.
40acres commented on Ask HN: V2 – Laid off folks, are you getting hired yet?    · Posted by u/bosch_mind
40acres · 3 years ago
I was laid off in November - few false starts here and there but I start my new gig on the 20th. Better yet I have $20k left from severance which is really nice.
40acres commented on Hundreds of changes made to latest editions of Roald Dahl's books   telegraph.co.uk/news/2023... · Posted by u/GavCo
jemmyw · 3 years ago
> But also have we reached cultural stagnation, that old media still out competes new ones by such orders of magnitude

Where is the next Dahl? Why is there no modern Beatrix Potter? Kids still love those stories and style of writing, which is less trite than most of the modern children's books.

It does feel like stagnation, with lots of content being churned out but none of it with great staying power. Instead the old stuff is regurgitated endlessly with less and less of it's original soul.

40acres · 3 years ago
JK Rowling built a billion dollar children’s franchise shortly after Dahls death.
40acres commented on Andy Jassey Calls for Amazon to Return to Office   fortune.com/2023/02/17/am... · Posted by u/base698
olliej · 3 years ago
"Collaborating and inventing is easier and more effective when we’re in person"

Really? Do you have actual stats to back that claim up? Because the same claim is made by a variety of consulting firms about a variety of open office and similar plans that executives love, and literally every single study ever performed by someone who wasn't a consultant being paid to justify making everyone's work environment worse, has shown that they do the exact opposite.

40acres · 3 years ago
I don’t know how to quantify it but I have definitely noticed an increase in productivity. I don’t need my whole team in the office but a few key people once a week was a game changer.
40acres commented on YouTube CEO Susan Wojcicki is stepping down   engadget.com/youtube-ceo-... · Posted by u/mikece
pradn · 3 years ago
Positives:

* Presided over a vast increase in revenue, from $4 to $29 billion

* Steered the ship through a number of content controversies

* Anecdotally, the brand value of YouTube remains good

* YouTube Premium seems to have good uptake

* Presided over enormous cost savings with custom encoder hardware

* Few major technical outages, good streaming performance generally

* Relationships with advertisers and content creators generally remain good

Negatives:

* Missed the Twitch/streaming wave

* Missed the TikTok, short video wave

* YouTube Originals flopped (partly bc they didn't commit hard enough, not like Netflix or Amazon)

* Overall low user experience - slow/complex website and apps

* Issues for content creators - overly aggressive ContentID, not rewarding short but valuable videos enough (indie animation), opaque demonetization rules

* No shrinking of the algorithmic filter bubble

40acres · 3 years ago
Funnily enough I really like YouTube shorts. A lot of Tiktokers cross post and because of this I haven’t found a reason to download TikTok.

u/40acres

KarmaCake day5942September 22, 2016
About
and a mule.
View Original