gp90 (u/gp90) - Readit News

gp90 commented on Corporations are trying to hide job openings from US citizens thehill.com/opinion/finan... · Posted by u/b_mc2

pclmulqdq · 3 months ago

[flagged]

gp90 · 3 months ago

How do we draw the line between whatever -ism and Bayesian inferences? You are seasoned manager for years, you found that your fellow countrymen are much more likely to follow your leadership style than any other group of different cultural background. Let's say it's a fact that you identified through years of trial and error. Based on this fact, you decide to hire only certain groups. How is this racism? How is this different from a university has a college list. Any graduate who does not graduate from the list will not have an interview with your company -- It's super narrow minded and it can considered discrimination, but is that some kind of -ism?

gp90 commented on Corporations are trying to hide job openings from US citizens thehill.com/opinion/finan... · Posted by u/b_mc2

throwmeaway222 · 4 months ago

[flagged]

gp90 · 3 months ago

> It's extremely racist

I'm not sure if the motive behind such behavior is racism. Instead, I think it's more likely the power play. That is, they would pick the population that is the easiest to command and to push them up the corporate ladder.

gp90 commented on China is eating the world apropos.substack.com/p/ch... · Posted by u/sg5421

gp90 · 4 months ago

Thanks. I can't argue with facts. When I was commenting, what I had in mind were business like retail, manufacturing, and internet services, which somehow fiercely competed with the US companies and often won. That said, anecdotes are enough...

gp90 · 4 months ago

are *not enough...

gp90 commented on China is eating the world apropos.substack.com/p/ch... · Posted by u/sg5421

nirv · 4 months ago

> Chinese government [...] gives tons of freedom for business owners to run wild

This claim is provably incorrect.

> Analysis of all 37.5 million registered firms in China reveals that 65% of the largest 1,000 private owners have direct equity ties with state owners […] The number of private owners with direct equity ties with the state almost tripled between 2000 and 2019, and those with indirect equity ties rose 50-fold.

> Provincial and local government officials in China enforce laws and control resources, such as land and loans, but these officials change positions every few years. […] Publicly listed firms increase perk spending (travel, dining, and entertainment) by an average of 3.6 million yuan (20%) when new local officials take charge. […] The results are consistent with the view that local officials are important gatekeepers and firms seek to influence them with perks and positions of power within SOEs.[1][2]

> China’s domestic politics have changed significantly over the past decade, with the top leadership enacting much more muscular policies to limit the power of large corporations while also deploying extensive measures to support firms, especially in key industries. According to Hsieh, this trend means that companies need to navigate the state’s “two strong hands,” one supportive and the other restrictive which aim to increase the party’s control over the economy even as the private sector continues, in one form or another, to grow. Moreover, political control is likely proving oppressive for companies as the party-state increasingly weights national security over economic growth. […] These findings […] suggest that not all government intervention in the economy is welcome by Chinese companies, especially if it comes with national security strings attached. The findings from the experiment suggest that state and party influence on private firms may have evolved to prioritize politics above economic growth, creating new challenges for companies that would naturally seek to maximize political support alongside autonomy.[3]

[1] https://sccei.fsi.stanford.edu/china-briefs/rise-state-conne...

[2] https://sccei.fsi.stanford.edu/china-briefs/how-do-chinas-fi...

[3] https://bigdatachina.csis.org/unpacking-linkages-between-the...

gp90 · 4 months ago

Thanks. I can't argue with facts. When I was commenting, what I had in mind were business like retail, manufacturing, and internet services, which somehow fiercely competed with the US companies and often won. That said, anecdotes are enough...

gp90 commented on China is eating the world apropos.substack.com/p/ch... · Posted by u/sg5421

gp90 · 4 months ago

> The tragedy isn’t that China is winning, it’s that the West stopped imagining better futures

This one hits close to home. Case in point, many people on HN argue that having fewer goods and higher prices is part of being an developed country. I think it's deadly wrong. A hallmark of a modern industrialized society is to make once-expensive products accessible to the majority of the people, if not everyone. That's how we got electricity, got clean water, got food like butter (which only wealthy families could afford), got cars, got iphone, got all kinds of appliances, and got amazing infrastructure. And somehow now it's okay to accept that China can manufacture and build faster, and cheaper, and better?

gp90 commented on China is eating the world apropos.substack.com/p/ch... · Posted by u/sg5421

stickfigure · 4 months ago

I think the wrong lesson is being taken here. China, like Russia, started from an incredibly low baseline - largely caused by authoritarian power. A new authoritarian power revitalized the economy and genuinely improved people's lives. People are generally grateful, and they have reason to be.

The fast pace of economic growth didn't necessarily come from authoritarianism (though I'll accept it helped in some ways) but from the fast catch-up. That isn't going to last forever. Growth will slow - it's slowing already. And when it does, a generation of people (who grew up wealthy) will start to think about corruption, human rights, and having a say in what goes on.

My thesis is something like "any authoritarian can sail a ship in calm seas". The government of China's hard times are ahead of it. It's too early to write an epitaph for democracy.

gp90 · 4 months ago

> The fast pace of economic growth didn't necessarily come from authoritarianism

You're right. The fast pace of growth came from the policies that encourage ruthless capitalism. You can see that Chinese government controls business like oil and tobacco, but it gives tons of freedom for business owners to run wild.

gp90 commented on AI doesn't lighten the burden of mastery playtechnique.io/blog/ai-... · Posted by u/gwynforthewyn

gp90 · 4 months ago

Not even mastery. The other day I was trying to figure out how to pass an external label to Prometheus alert rules when unit testing the rules with "promtool test rules". Man, all the models gave all kinds of hallucinated answers, and I had to resort to reading the promtool code. In the end, mastery means we get apply our skills to solve new problems, yet in the current state AI can only interpolate already solved problems.