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EricDeb commented on Elon Musk pushes out more xAI founders as AI coding effort falters   ft.com/content/e5fbc6c2-d... · Posted by u/merksittich
pupppet · 4 days ago
What does our system say about itself when people of integrity so rarely rise to the top?
EricDeb · 4 days ago
I dont know too much but Jensen Huang seems like a good guy
EricDeb commented on Binance fired employees who found $1.7B in crypto was sent to Iran   nytimes.com/2026/02/23/te... · Posted by u/boplicity
mikestew · 22 days ago
Bear in mind that this guy pleaded guilty in a court case.

In my mind that doesn't mean shit. Prosecution said, "if this goes to trial, we'll try to get life in prison. Or you could take our plea deal." That is why 90-some percent of prosecutions (EDIT: in the U. S.) go plea deal instead of trial.

EricDeb · 22 days ago
I would imagine very rich people have extremely good lawyers though that can tell them very accurately if they will get off if it goes to trial.
EricDeb commented on How Jeff Bezos Brought Down the Washington Post   newyorker.com/news/annals... · Posted by u/thm
quantummagic · a month ago
All you're doing is giving the power to someone else. Giving way more power to politicians like Donald Trump. The reality is, there will always be powerful people, with outsized control and dominion over others; it's baked into the fabric of reality. Thinking otherwise is a utopian fantasy.
EricDeb · a month ago
well ideally more power should be distributed amongst normal people
EricDeb commented on How Jeff Bezos Brought Down the Washington Post   newyorker.com/news/annals... · Posted by u/thm
rootusrootus · a month ago
To use Bezos as an example, how would you work that out? Take away his ownership of Amazon as it increases above 100MM? Who would you give it to? Would you nationalize it?
EricDeb · a month ago
couldnt you have control shares that weren't worth money?
EricDeb commented on How private equity is changing housing   theatlantic.com/ideas/202... · Posted by u/harambae
gjsman-1000 · 3 months 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 · 3 months 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 · 4 months 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 · 6 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 · 6 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 · 6 months ago
EricDeb · 6 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 · 9 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 · 9 months ago
Still, I'll take it
EricDeb commented on Please Fund More Science (2020)   blog.samaltman.com/please... · Posted by u/ssuds
EricDeb · 10 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

u/EricDeb

KarmaCake day612November 15, 2011View Original