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schkkd commented on Ask HN: Best resources for non-technical founders to understand hacker mindset?    · Posted by u/jamiecollinson
wool_gather · 5 years ago
The turn of phrase "true spherical hackers in the vacuum" is quite clever and entertaining, but I submit that it is unlikely to be grokked by someone who does not already have familiarity with hacker-isms/culture. :)

(And of course they likely wouldn't understand "grok" either").

schkkd · 5 years ago
Tbh, even I don't understand "grok" :)
schkkd commented on Ask HN: Best resources for non-technical founders to understand hacker mindset?    · Posted by u/jamiecollinson
schkkd · 5 years ago
True spherical hackers in the vacuum want to be undisputable experts in complex topics and as this often mixes with sheer egoism, they like to flex with this knowledge and remind others how unsophisticated others are. But ideal spherical hackers are rare. Moreover, smart people like to learn new stuff not only about the tech side of things, so if they sniff you're trying to manipulate them, they'll pay you back with the same coin and you'll get a team of cynical snarky devs. If you want to become a leader for them, you'll have to earn their respect (again, a lazy attempt to earn it by slipping how you know some python will dump your rating that very moment, as that would be seen as a cheap manipulation). A leader for them can be a super knowledgeable jerk (e.g. Linus) or a super humble guy who sends the message "you know more than me, so I'll step out of your way". In other words, if you really want to step on their ego by telling them what to do, you'd better be an undisputable expert, or expect a delayed counter reaction.
schkkd commented on 92 of top 500 subreddits controlled by same 5 people   reddit.com/r/interestinga... · Posted by u/DeusExMachina
schkkd · 5 years ago
Reddit serves its purpose well. It's a honeypot for lazy emotional people: reddit offers them space to procrastinate and gets to influence them in return (ads, politics).
schkkd commented on 92 of top 500 subreddits controlled by same 5 people   reddit.com/r/interestinga... · Posted by u/DeusExMachina
Thorentis · 5 years ago
Change the base URL to ceddit.com to read all the censored comments (that site scrapes them as fast as it can). One of the comment that was deleted:

"Reddit defiantly needs to restructure their moderation teams."

Wow. Reddit really is just a pile of rubbish now. So glad I found HN.

schkkd · 5 years ago
One day there was a post there about free 5 bucks for some PlayStation stuff. The post received 30k comments. Thats all you need to know about the reddit audience.

What would improve the content quality is a requirement to maintain membership by answering a complex enough question once a month. Questions could be prepared by mods. But then all the reddit audience would be gone, and with them the reddit's power to influence the lazy internet crowd.

schkkd commented on Twitter Will Allow Employees to Work at Home Forever   buzzfeednews.com/article/... · Posted by u/minimaxir
hintymad · 5 years ago
Maybe it's the other way around: due to increased supply, total package of FAANG engineers will drop. That's not necessarily a bad thing though. We've been enjoying unprecedented packages for many years. It may be a good time to distribute some of the wealth to other parts of the country.
schkkd · 5 years ago
There's no wealth there. All Google employees get something like 25 billions a year. The US budget is measured in trillions and to cover up just this recession alone, Fed created 6 trillions, or 240 years worth of wages for those employees. Do I need to say that in ten years there will be another recession, where Fed will create 20 trillions?
schkkd commented on Why is the stock market rallying when the economy is so bad?   wsj.com/articles/why-is-t... · Posted by u/harambae
coffeemug · 5 years ago
> [...] these days, so as time passes, removing their stock price from the price at IPO, their stock price becomes based on perception--not even perception of the reality [...]

John Maynard Keynes developed this idea (that came to be known as Keynesian beauty contest[1]) in 1936. This isn't a new property of the market, it has always been the case.

> when companies do pay dividends or buy back stock, it's sometimes done by borrowing money

It's not clear that this is a problem, given that cash is basically free (though they do have to pay back the principal). I'd be interested to see what proportion of dividends and buybacks comes from borrowed cash. I suppose calculating such a thing would be very difficult, but it'd be interesting to see some analysis on this.

> if 90% of people pull out of the stock market, it's quite possible for the stock market to go up

What if 90% significantly cut consumption? Ultimately the companies have to sell their products to somebody.

[1] https://en.wikipedia.org/wiki/Keynesian_beauty_contest

schkkd · 5 years ago
They have to sell something only if the Fed don't give them money (and dilute the share of the lower 90% as a side effect).
schkkd commented on Why is the stock market rallying when the economy is so bad?   wsj.com/articles/why-is-t... · Posted by u/harambae
fallingfrog · 5 years ago
This quote from Jeffrey Sachs might offer some context:

“Look, I meet a lot of those people on Wall Street on a regular basis right now... I know them. These are the people I have lunch with. And I am going to put it very bluntly: I regard the moral environment as pathological. [these people] have no responsibility to pay taxes; they have no responsibility to their clients; they have no responsibility to counter parties in transactions. They are tough, greedy, aggressive, and feel absolutely out of control in a quite literal sense, and they have gamed the system to a remarkable extent. They genuinely believe they have a God-given right to take as much money as they possibly can in any way that they can get it, legal or otherwise.

If you look at campaign contributions, which I happened to do yesterday, the financial markets are the number one campaign contributors in the US system right now. We have a corrupt politics to the core.. both parties are up to their necks in this.

But what it’s lead to is this a sense of impunity that is really stunning, and you feel it on the individual level right now. And it’s very, very unhealthy, I have waited four years, five years now to see one figure on Wall Street speak in a moral language. And I’ve not seen it once.”

schkkd · 5 years ago
There's this Wall Street movie made in 1970 (?) about this very kind of people.
schkkd commented on Rebuilding our tech stack for the new facebook.com   engineering.fb.com/web/fa... · Posted by u/alexvoica
pier25 · 5 years ago
> as little as possible

I just opened FB with the cache disabled and it downloaded 5.85MB (19.76MB uncompressed).

Most of it happens after the page has rendered, which is great, but that's a lot of stuff. There are 13.74MB of uncompressed JavaScript.

schkkd · 5 years ago
That's pretty much size of a mobile app. But the thing with web apps is that they are downloaded every time and hence the outcry.
schkkd commented on Citing revenue declines, Airbnb cuts 25% of workforce   techcrunch.com/2020/05/05... · Posted by u/dancric
itsmefaz · 5 years ago
I think I'm missing something here.. but how can one negotiate severance pay for termination.

I was under the assumption that companies offered severance pay as a means to save face.. and this is not part of the offer negotiation.

schkkd · 5 years ago
Everything is negotiable. You can negotiate a private office with a ocean view if you're valuable enough. This won't work for rank and file employees obviously.
schkkd commented on Citing revenue declines, Airbnb cuts 25% of workforce   techcrunch.com/2020/05/05... · Posted by u/dancric
ithkuil · 5 years ago
Anybody accepted those terms?
schkkd · 5 years ago
Nope, no one. And I could negotiate terms with directors, VPs and CEOs (of small firms) over lunches: meaning that they deemed it valuable enough to spend a few hours of their time on me, make a sales pitch and listen. Some admitted that while my terms were reasonable, it would just too expensive for their company to hire me.

u/schkkd

KarmaCake day20May 5, 2020View Original