beiller (u/beiller) - Readit News

beiller commented on macOS Sequoia makes it harder to run not notarized or signed apps 9to5mac.com/2024/08/06/ma... · Posted by u/danirod

rahen · a year ago

This will mostly affect advanced users. Hopefully, my next update will be Asahi, once its hardware support (especially HDMI output) has advanced enough.

beiller · a year ago

I tried Asahi on my older M1 macbook and the battery life is still very bad. I am pretty experienced trying to dive into CPU schedulers and kernel settings, etc. to try and fix it, but I was unable to squeeze more than about 3 hours of battery out of the laptop WHILE CLOSED! In contrast just booting up mac os the battery lasts about 36 hours+ while closed.

beiller commented on Ontario family doctor says new AI notetaking saved her job globalnews.ca/news/104635... · Posted by u/davidbarker

low_common · 2 years ago

It's a Canadian-developed tool used by Canadian doctors. It's popular on the internet to offer up overly-generalized platitudes like yours but do us a favor and at least read the article first.

beiller · 2 years ago

I don't see how it being Canadian is relevant. First off Canada is part of North America and North America is big geographically. We have similar car culture compared to USA. There are very large subsidies given to battery manufacturing sector in Canada amounting to $43.6 billion over 10 years as part of the latest budget.

beiller commented on Japan brings negative interest rates era to an end with first hike in 17 years cnn.com/2024/03/18/busine... · Posted by u/mikhael

mettamage · 2 years ago

So does this effect on its own mean that the yen becomes more expensive compared to the US dollar?

beiller · 2 years ago

No because USA's central bank is raising rates as well. Only when the policies differ do the currencies move. So Yen seems to have been falling for awhile since their central bank lagged USA. It would probably be a poor choice to dump USD for Yen IMO.

beiller commented on Japan brings negative interest rates era to an end with first hike in 17 years cnn.com/2024/03/18/busine... · Posted by u/mikhael

roenxi · 2 years ago

In some sense this sort of article confuses me. This is a different economy, with its own legislative framework and where the people speak a language that is not English. But the frame is that they are basically a clone of the US and a policy change in Japan is equivalent to the policy change that sounds the most similar in the US. And even in English speaking countries, the frame that interest rates are like a little knob that the central planning committee adjusts is suspect. How the rate is influenced is quite important too.

There is so much context required to interpret this, it really needs to be part of a "Japan Economy" wiki rather than a stand alone article.

But best of luck to Japan. Nobody ever asks for my opinion, but IMO it'd be sensible to let the markets set the interest rate. The evidence that markets are weak at setting interest rates is itself quite flimsy.

beiller · 2 years ago

We could let the market set interest rates but they would be much higher. Banks would be very unhappy since they have loaded up on the rock bottom rates. You'd see many banks go under similar to SV bank. This is a world economy and they are all somewhat aligned on their interest rate policies. Those that don't fall in line will see a currency repricing (and some like Japan want that to some extent).

beiller commented on The Pile is a 825 GiB diverse, open-source language modelling data set (2020) pile.eleuther.ai/... · Posted by u/bilsbie

_obviously · 2 years ago

Seems kind of small tbqh.

beiller · 2 years ago

It seems small, until you try to download it.

beiller commented on The $25B Kroger-Albertsons Merger Is Going to Fail thebignewsletter.com/p/th... · Posted by u/toomuchtodo

JohnMakin · 2 years ago

> They asked the question, why are people mad at inflation if the traditional measures of inflation are low

It baffles me people are confused about this. Traditional measures of inflation leave out certain costs of living (and borrowing as the author mentions), however, just because inflation is low NOW does not mean the last 1-3 years of it are reversed. Wages are still fairly stagnant compared to inflation, so you can't just point to an inflation graph in 2024 and be like "why are the peasants angry about their bread prices?" yet this is such a common tone-deaf refrain.

beiller · 2 years ago

Not sure where the quote is from but inflation is still above the target of 2% (by traditional measures) so is that not considered high?

beiller commented on Our Company Is Doing So Well That You're All Fired mcsweeneys.net/articles/o... · Posted by u/ohjeez

frankjr · 2 years ago

Should private for-profit companies employ people just because they can?

beiller · 2 years ago

Sure! Salaries are what people use to exchange money for goods and services that these companies produce in theory. But the free money environment we've lived in the last decade seems to have primed companies to think that operating at a loss is okay. If we just fire the workers, and sales lag and dip, its okay because it will force the fed to lower rates and we can just borrow our way back to the top with no sales!

Imagine though... an AI startup that just trades goods between AIs. We should actually start firing customers!

beiller commented on "Fake Chinese income" mortgages fuel Toronto real estate bubble: HSBC bank leaks thebureau.news/p/fake-chi... · Posted by u/eswat

ABCLAW · 2 years ago

> We should be seeing many people holding mortgages at HSBC not able to pay.

Not really. Lying about the source of cashflow doesn't mean the cashflow isn't real.

The end objective for a lot of these frauds isn't to sink the bank with fake loans. It's to launder money.

beiller · 2 years ago

Makes sense I wasn't thinking about the full on laundering aspects. But even so, if the real estate is used in laundering, it will eventually have to be sold to get back clean money. This should still run up prices at the start, and run them down in the end. So I think the majority of the point still stands: there should be an uptick in sales (which there is not). They could be speculating on top of laundering, in which case they are taking some losses. We are -20% from peak. The time will come when they (the launderers) will need liquidity and sell which has not come. Will it ever come?

beiller commented on "Fake Chinese income" mortgages fuel Toronto real estate bubble: HSBC bank leaks thebureau.news/p/fake-chi... · Posted by u/eswat

beiller · 2 years ago

All sounds very plausible, but where are the effects of this? We should be seeing many people holding mortgages at HSBC not able to pay. Are there no public stats showing how many lack of payments being made to HSBC? Is HSBC going to hold on to these properties taking massive losses? For how long? It has definitely helped the run up of prices here. It will also help the collapse of prices as well, either that or the collapse of HSBC. Maybe the effects take a very long time to manifest. Lets hope it's not too long :)