Wow this would be a very expensive purchase for IBM , redhat is currently worth about 20% of IBM's market cap
Readit Newsutnick commented on An Update on Last Week’s Accident tesla.com/blog/update-las... · Posted by u/runesoerensen
"The driver had about five seconds and 150 meters of unobstructed view of the concrete divider with the crushed crash attenuator, but the vehicle logs show that no action was taken."
This seems to be trying to suggest that the driver had 6 seconds of clear driving-toward-death time to correct for the car's actions without explicitly making such a ridiculous statement (while also throwing in the crushed crash attenuator). If the car makes a quick change in direction due to an autopilot error, a driver at speed would have very little time to make an effective correction.
Depending on the system behavior, it could be akin to having a passenger reach over and yank the wheel. I'd honestly rather Tesla just said "ongoing investigation" instead of being so transparently evasive.
Yup this also mean that Tesla's radar and camera systems had 5 seconds to realize it was driving straight into an unmoving concrete barrier and did nothing...
utnick commented on Sierra Leone just ran the first blockchain-based election techcrunch.com/2018/03/14... · Posted by u/grdeken
by 'blockchain-based' they mean, a normal election happened with traditional voting, and then some of the vote counters uploaded the tally of the votes they counted to a private blockchain
utnick commented on A Tiny Hedge Fund Made 8,600% on a Vix Bet bloomberg.com/news/articl... · Posted by u/apesti
The scariest WSJ headline the week prior to when volatility started was the following: "New account creation hits all time high at E-Trade, TD Ameritrade, etc".
The stock market engine has been hot for 5 - 6 years now and we just threw a can of nitro into the engine by way of massive tax cuts and deregulation. And then pundits and our President brag about how awesome this ride is as if managed growth is somehow anti-American. The retail investor masses heard that message and have arrived. The masses that don't know the difference between an income statement and balance sheet or how a market cap relates to the stock price. Historically they have been a catalyst of instability and trade solely based on the chart and trends.
So volatility seemed obvious two weeks ago. But when an obvious thought arises regarding the market two quotes always come to mind:
"Far more money has been lost anticipating the correction than in the correction itself". P. Lynch
"The first person you must not fool is yourself and you are the easiest person to fool". R. Feynman
The real gem of that WSJ article was that 10% of daily trades on E*Trade were either pot or cryptocurrency related
> Helios and Matheson, an analytics company which has a majority stake in MoviePass
This here is the juice: Big data. The more customers they have, the better - they have validated full names, birthdates, addresses and CC numbers (and most likely also ethnicity) linked with the data when they visited what movie and even if the customers repeatedly visited a movie.
MoviePass has, effectively, four distinct customers:
a) the moviegoers themselves, where MoviePass makes a profit on everyone watching less than 1 movie a month
b) the vast amount of adtech/big data/consumer analytics companies for which this data is a goldmine
c) the movie studios which can (as shown in the article) use MoviePass to promote movies
d) the cinemas which profit off the customers wanting to eat and drink
They have, of course, monetized a) and begun to discover how to monetize c) - it will be interesting if they find a way to monetize the data.
Is that data that valuable though? Its not that unique, off the top of my head there are several companies that have similar datasets, Every movie theatre chain, every online movie booking service, every movie review site
utnick commented on Truffle: Ethereum Dapp Development Framework truffleframework.com/... · Posted by u/xwvvvvwx
I generally agree with you, but would like to know about your specific concerns, what did you dislike about it?
Here were mine
Here were a few of mine, I’ve tried to get into ethereum a couple times
- installing mist and getting it to sync is very difficult and time consuming
- connecting to a testnet and getting ether on the testnet is also very difficult
- most ‘cool’ dapp ideas rely on oracles to publish data about the real world into the block chain. When you dive into it you realize that such an Oracle would be very very expensive to run for even trivial usecases.
Consolidation in the beer market bothers me less than it does my beer nerd friends. Many of the best-known, most-loved independent breweries run into major quality problems trying to scale up their output. ABI probably has advantages in regulating quality. Breweries that don't want to scale are unlikely to sell in the first place.
The whiskey market is almost entirely consolidated; you have to go out of your way to find quality products that aren't traceable to large concerns, despite a proliferation of brands. But we're in a 2-decade renaissance in whiskey quality (despite the No Age Statement movement!) and availability. The median big-brand whiskey is overwhelmingly more likely to be good than the median independent whiskey.
The barriers to entry for beer are far, far lower than for whiskey. We're not going to run out of microbreweries, or of interesting new beers. Why are beer nerds so freaked out about this?
(I have nothing useful to say about beer rating sites, which I think are pretty sketchy to begin with.)
I think the hate comes from some shady stuff the big brewers have historically done to push out smaller brewers, limiting tap and shelf space for craft, sponsoring laws that reduce ways that beer can be sold direct from the breweries or adding fees that hurt small players
I feel pretty passionately about protecting national land. Are there any recommendations on how to best support it? I don't live near any federal lands and I'm generally don't trust lobbyist groups. Should I be donating to the Sierra Club? Or are there other alternatives?
Check out backcountry Hunters & Anglers: https://www.backcountryhunters.org/
They fight to preserve and add to the existing lands.
utnick commented on Beating the bookies – how the online sports betting market is rigged arxiv.org/abs/1710.02824... · Posted by u/zeristor
My guess is that it’s the manner by which they were winning. Thirty $50 bets per week over five months is over 500 bets. That’s not the long run but winning at an 8.5% ROI over that many bets is probably enough for the house to realize they’re somehow a winning player even if the stakes aren’t huge.
Sportsbooks in general don't mind winning players though, especially big ones. They make money off the vig and move odds to get equal money on each side of the bet so that they'll make money either way.
of course there are other self defeating attitudes available too, from those who won't contribute more than the match for 401k, again the company's fault, to those who take more smoke breaks because of the extra cost on their premiums.
I am not sure if its a product of the education system or television. I think schools should focus a bit more on instructing students to better themselves for no other purpose than to improve themselves. that waiting for someone to make you improve yourself is the first step in failing
I think for $500-$1,000 a month per person you would have widespread behavior change in most companies, and it wouldn't really even be that expensive in the context of total healthcare+wellness program spending.