Facebook is a for profit organization. This is the rule with organizations like this. If given enough time, size, and lack of shielding, any corporation will eventually cause harm in some way.
We seem to have less focus on "Nike whistleblowers" or similar, you get the idea.
If Nike makes a material claim to investors (e.g. that children labor is not used), but the claim is revealed to be knowingly false, then that's securities fraud.
The problem is there are too many dimensions a given project can be over-engineered if the future is uncertain. So even an educated guess has a good chance of being wrong.
The architecture to support something that is not needed tends to introduce rigidity into the codebase, adding a tax to future changes in order to maintain those features.
The problem is there are too many dimensions a given project can be over-engineered if the future is uncertain. So even an educated guess has a good chance of being wrong.
With lower power sensors, head-mounted devices with always-on-sensors, and whatnot, why not sample real-time hashes that can tip LEO about potential crimes happening?
Then why sacrifice recall in order to achieve high accuracy?
Err on the side of uploading more hashes. Then feed it all into a ML so it can use other data to filter out potential false positives.
Then if in a distance future, any LEO wants to investigate you for whatever reason, the set of potential hashes associated with your account will provide sufficient evidence for any court to authorize further non-hashed data access (it doesn't matter if they were all false positives)
There's an exponential decay of rewards of mining BTC (50% every 4 years).
Do you think the price of BTC will increase exponentially, faster than the decay over the long term? I don't think so.
This implies that the energy consumption of bitcoin mining will eventually decay exponentially too.
The CEO is continuing to double down today, more than 2 months after the original conversation, so I'm not sure that's likely: https://twitter.com/amasad/status/1401957368510906369
If the intern did steal code, the CEO only wants the project to be taken down?
Any IP agreement worth their salt would require Replit to send a formal/legal request asking the intern to destroy and return any stolen IP.
So I call bullshit on the CEO, and the intern should probably sue Replit for slander.
This whole saga is pretty sad really.
While replit isn't doing very much in wrapping these languages in a frontend (and something that is clearly straightforward to replicate), they are doing all the work that comes with scaling that to many users on the web (I guess that includes moderation).
They should have just been happy with that.
It takes more than just being able to run all the languages in sandboxes to compete - if you tried this, people would be mining bitcoin and hosting all sorts of awful stuff.
Really strange / insecure attitude.
That makes me think that either the tweets are empty virtue signaling; or Amjad is legit worried that an intern open-source project can accidentally outcompete his company!
It's not good when an asset class drops by 30% in 24 hours.
https://twitter.com/shortthebanks/status/1133735039596994560
https://twitter.com/Joe_wants_BTC/status/1316044080690929666
Dropping X% in 24h sounds bad, but without putting it in the context of the asset's historical volatility, sharpe ratio, overall portfolio construction, etc; it looks like a very superficial reading (perhaps just good enough for a headline)
As for Rozelle, he does good work. But reality is even with deficient interior education infra, PRC is still massively overproducing talent after massive brain drain. There's record youth unemployment, again some of which is covid driven, but talent oversupply was evident pre-covid. The demographic crisis is going to be difficult to negotiate, but ultimately PRC has too manypeople, specifically undereducated older cohorts that can't be integrated into modern economy. Whatever happens PRC will be better off with 1B people than 1.4B, simply too many mouths to feed. Meanwhile there's plenty of talent to go around to build comprehensive power which more than GDP undergirds national strength. Xi/CCP's vison for "moderately prosperous society" was $10000 per capita, leadership knows PRC has too many people to reach developing country incomes. The current pipe "China dream" is $40000 per capita by 2049 (100 year anniversary) probably not realistic but still a lot of overhead to improve productivity. Likely enough to establish PRC as geopolitical superpower even with at low high income level. At end of the day, a populous country with $20000 GDP and 20 aircraft carriers is still much more powerful than a small country with $100000 GDP and none.
For example, in semiconductors, Taiwan, with a much smaller population (and arriving late in the game) beat the US, Japan and Korea. China, with 600k STEM graduates per year, is still trying to catch up.
On covid vaccines, even Russia has their own vaccine that reach mRNA levels of protection, but China is still stuck with the Covid Zero policy.
Quantity was definitively an asset for Chinese growth based on cheap labor. That source of growth is almost running dry (to the point where they are resorting to labor camps). But at some point, quantity becomes more of a liability.