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EricDeb commented on How private equity is changing housing   theatlantic.com/ideas/202... · Posted by u/harambae
gjsman-1000 · 7 days ago
Wealth taxes don't work because wealth gets extremely fuzzy.

For example, unsold stock that I bought 15 years ago; and then got a loan against. I'm wealthy... kinda? But I didn't sell the stock; I have unrealized gains, and you shouldn't tax me beyond income tax on borrowed money? Okay, tax me on my unrealized gains then - but then 2008 repeats itself, stock goes down 40%, do I get a refund? Of course not, I only pay when stock goes up and never down, which is not exactly a fair incentive.

Now imagine artwork I bought 15 years ago from Banksy. Or imagine my video game collection I bought on eBay that contains some rare titles. Or what about my wine collection? Now imagine I'm Elon Musk, on paper worth $400B, but if I sold even 20% of my stock, that paper valuation would be shredded from an excess of liquidity driving the share price down, so you can't tax me on what is physically impossible to realize.

EricDeb · 7 days ago
What about a law where you couldnt use over a million dollars (to exclude normal people) a year of any asset as collateral for a loan unless you paid capital gains on it at its current valuation?
EricDeb commented on AI isn't replacing jobs. AI spending is   fastcompany.com/91435192/... · Posted by u/felineflock
EricDeb · a month ago
American devs should support the hire act bill
EricDeb commented on Charlie Kirk killed at event in Utah   nbcnews.com/news/us-news/... · Posted by u/david927
themafia · 3 months ago
In the USA: There are more suicides than murders every year. The ratio is typically 2:1. The "deaths due to gun violence" statistic includes suicides. It's not exactly that plain and simple either.
EricDeb · 3 months ago
guns are a very efficient tool for murder or suicide. They absolutely will increase the number of deaths due to their effectiveness. Whether that's worth the societal price is up to the people.
EricDeb commented on Microsoft is officially sending employees back to the office   businessinsider.com/micro... · Posted by u/alloyed
toomuchtodo · 3 months ago
EricDeb · 3 months ago
This would be very helpful for American jobs.
EricDeb commented on The time bomb in the tax code that's fueling mass tech layoffs   qz.com/tech-layoffs-tax-c... · Posted by u/booleanbetrayal
kelnos · 6 months ago
If the article is to be believed, though, the damage is already done. Companies have already laid off large portions of their R&D staff, and have canceled lots of forward-looking technical work. Re-hiring those people and restarting those projects can take years, and that's if companies feel confident enough that the exemption will stick around, and not get removed again in a few years.
EricDeb · 6 months ago
Still, I'll take it
EricDeb commented on Please Fund More Science (2020)   blog.samaltman.com/please... · Posted by u/ssuds
EricDeb · 7 months ago
It's possible private funding could build a better incentive structure but still a shame there's far less public research being done
EricDeb commented on Claude 4   anthropic.com/news/claude... · Posted by u/meetpateltech
Aeolun · 7 months ago
All of these things arise from a bunch of inscrutable neurons in your brain turning off and on again in a bizarre pattern though. Who’s to say that isn’t what happens in the million neuron LLM brain.

Just because it’s not persistent doesn’t mean it’s not there.

Like, I’m sort of inclined to agree with you, but it doesn’t seem like it’s something uniquely human. It’s just a matter of degree.

EricDeb · 7 months ago
I think you would need the biological components of a nervous system for some of these things
EricDeb commented on Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule   fuelarc.com/cars/only-tes... · Posted by u/abduhl
porphyra · 8 months ago
In the long run, unions can be blamed for this whole Trump Presidency.

Biden was pressured by unions to snub Tesla at the EV summit. This personally offended Elon, who then went to support Trump with all sorts of tactics including buying Twitter to amplify his voice.

EricDeb · 8 months ago
No one private citizen should be able to hold that much influence
EricDeb commented on Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule   fuelarc.com/cars/only-tes... · Posted by u/abduhl
leereeves · 8 months ago
> Murder is nothing new in my city

Murder is an interesting example, because like corruption, people overlook it when "their side" does it. Governments employ soldiers to do it on demand. Gang members and mafiosos use it as a tool. Sometimes people even celebrate it, such as equating body count with success in war.

The problem in politics is that everyone seems to choose a side, then apply that same kind of double standard. Rules for thee and not for me, as it were.

Edit: but of course, "war is the continuation of politics by other means." So it makes sense that the behavior would be similar.

> Warfare is entirely different.

Not so much. A lot of people are already talking about civil war. If political differences escalate to that point, how many will mourn the loss of lives from "the other side"?

EricDeb · 8 months ago
As someone more on the left I would condemn and hope any politician of any party who engages in corruption is held accountable.
EricDeb commented on Javier Milei backtracks on $4.4B memecoin after 'insiders' pocket $87M   coindesk.com/business/202... · Posted by u/techlover14159
Xuban · 10 months ago
I don't think this is the approach if you want people to side against Milei.

His economic results are crystal clear: inflation is way down, the economy is growing, percentage of poor people is down, the debt and the stock market are way up, salaries are up and so on.

EricDeb · 10 months ago

u/EricDeb

KarmaCake day611November 15, 2011View Original