Readit NewsObviously it's possible to build, for example, a machine with 2 cores, a 10Gbps network link, and a single HDD that would falsify my statement.
If you don't need what kafka offers, don't use it. But don't pretend you're on to something with your custom 5k msg/s PG setup.
Beijing to Shanghai is roughly the same distance as Chicago to New York City. Travel time via train is 4.5 hours vs 22 hours.
Boston to New York is almost 4 hours on the Acela!
But then I've got a few years to reach 50. Perhaps my views will change.
The whole profession was basically centered around putting a dollar amount on risk.
For example, lets say I give you a chance of either taking $1k now, or playing a game where you have 1 in 10 chance to win $200k. What would you do? The right answer is "sell" the risk to someone. For example, on the average, if I "buy" the game from 10 people, at a price of $10k each, I can realistically win twice what I spend.
Repeat that over x number of steps and more complex games, and that is what the PhDs worked on in terms of pricing.
For most of the time it worked ok. In a few instances (most notably the Gaussian Copula that was a large reason for the subprime house market crisis in 2007) it didn't.
The problem is that now, its impossible to predict whether orange man is going to throw a hissy fit and cause the market to go up or down, or if large investors are going to artificially prop up stock like they did with Tesla.
As the article indicates, a huge portion of the market for hiring PhDs is directly or indirectly dependent on federal funding. Universities are freezing hiring and reducing PhD cohort sizes, institutions like the IMF and World Bank are in crisis, and US government agencies have been reducing staff sizes. There was hope that the tech industry would provide another big source of jobs for PhD economists, but that hasn't panned out.
Source: the article, and my wife works in the UChicago economics department.
Cars are anti-fragile and decentralized.
Cars fail open in the short term.
They canonize themselves, and then act all shocked and offended when the rest of the world doesn't share their belief.
Obviously the existence of AI is valuable enough to pay the cost of offsetting a few artists' jobs, it's not even a question to us, but to artists it's shocking and offensive.