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EugeneG
searching Neon…
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EugeneG
1mo ago
The way this stuff works is Amazon requires them they need to get X amount of liability insurance to even be a subcontractor. Amazon requires proof. The government has its own laws on things like minimum workers compensation insurance. So t
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EugeneG
1mo ago
If there’s no real life harm, and Amazon chose to organize their business in this way, it means they think it’s a cheaper/better/more efficient way of doing it. So we shouldn’t make laws preventing it or undoing it unless we have
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EugeneG
1mo ago
There are existing laws/regs: Workers comp: "Workers’ compensation insurance is mandatory for most employers of one or more employees." https://www.wcb.ny.gov/content/main/Employers/workers-comp
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EugeneG
1mo ago
I wrote like 10 comments that engaged seriously in this discussion... and haven't really gotten much back except comments that allude to conspiracy. There are people who start with "of course Amazon is evil and they just want to d
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EugeneG
1mo ago
Don't we already have workers comp insurance laws? Other forms of liability insurance? Doesn't Amazon carry the same insurance if it's the one doing the delivery directly? Do we think levels of this insurance is insufficient
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EugeneG
1mo ago
"if people disagree with me, it's a conspiracy"
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EugeneG
1mo ago
But what you described isn't a "problem" on it's own. Subcontracting is a thing. It's not a bad thing on its own. You're describing the "what" - you're not describing the "why" is that
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EugeneG
1mo ago
Ok but I expect more from my government than "here's youtube video; trust me bro - you're an average worker, you won't get it"
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EugeneG
1mo ago
Agree. Unclear on what the actual specific harms are, whether they systemic, and how a new set of laws would help fix it. Also what are the harms that new rules introduce? Are you going to eliminate a bunch of new small businesses that do d
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EugeneG
1mo ago
Honest question: what are the actual concrete issues where Amazon is shirking responsibility they would have otherwise had? Was there a specific court case where Amazon didn't pay what it would have otherwise? A workplace injury that w
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EugeneG
3mo ago
This is where Codex 5.5 just feels practically better. It’s fast, thoughtful and just works. It feels like a pleasure compared to Opus/Fable’s endless explorations.
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EugeneG
4mo ago
The stock market (and in particular the US stock market) has been an incredibly positive influence on the average American's 401k... Great driver of allowing Americans and beyond to share in the upside of successful companies... big re
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EugeneG
4mo ago
Reminds me of this... During Apple's 1980 Initial Public Offering (IPO), Massachusetts regulators banned residents from purchasing the stock. The state's securities regulators deemed the offering "too risky" and "ov
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EugeneG
8mo ago
“properties get leveraged, instrumentalized, and securitized, with derivative products, speculation, and all sorts of incentives” Spoken like someone has no clue what they are talking about and just throwing out jargon
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EugeneG
1y ago
In theory what they are doing of value, is that at any time you can go to an exchange and say "I want to buy x" or "I want to sell y" and someone will buy it from you our sell it from you... at a price that's likely
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EugeneG
1y ago
Tries to fire, but he doesn’t have the legal authority to fire
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EugeneG
1y ago
Don’t ever pee in the ocean … to avoid accelerating global warming
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EugeneG
2y ago
You don’t have to spend your savings on trinkets. If a company wants to expand and build a new factory (say to provide more, cheaper pharmaceuticals to more people), it needs capital. If you have cash but there’s deflation, you might just k
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EugeneG
2y ago
I kind of agree. Money (e.g. the dollar) only has value because (1) we implicitly agreed as a society to have faith that it can be accepted by others for goods and services (2) the government requires us to pay a material part of our earnin
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EugeneG
2y ago
Financial derivatives like a call option have a value derived from a stock (which is a real thing that gives real world legal claims on actual assets/profits). So it’s still not like a crypto coin. People are most definitely buying sto
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EugeneG
2y ago
Stocks and crypto are fundamentally different. Stocks give you a legal right to the assets and future profits of a company - a legal right enforced by the government (i.e. men with guns). Crypto gives you no such right. In crypto you just h
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EugeneG
2y ago
Which is why the pro-Trump tech folks are playing with fire. Exchanging potentially faster approvals/lower regulation for favored projects, for an environment where rule of law and institutions are weakened.
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EugeneG
4y ago
After Russian invasion of Ukraine, Germany said it permanently won’t support the opening of Nord Stream 2. NS2 has been Putin’s number one priority for opening so he could deliver gas to Europe while sidestepping Ukraine. Conveniently after
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EugeneG
5y ago
I believe the accurate answer here is twofold: - money is perpetually not supposed to be a great perpetual store of value relative to goods and services. Government policy aims for some inflation, fears too much and fears too little. Why? B
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EugeneG
5y ago
That’s obviously true. And once you accept that then the whole premise behind crypto is gone - if centralization is the only way to make it work, then traditional banking is preferred. All that’s left are use cases that are in the gambling
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EugeneG
5y ago
Yeah there will be a spread, won’t go from LIBOR+0 to SOFR+0, but to SOFR+0.20% for example
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EugeneG
5y ago
Yeah I think there’s a difference in cardio fitness between people who do 10000 and 17000. Less fitness makes the latter more difficult.
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EugeneG
5y ago
In other words, people who can’t walk or can barely walk are likely not that healthy - is probably a more intuitive theory than walking causes better health.
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EugeneG
5y ago
The question is can you really make it simultaneously cheap to trade and decentralized and always on. Or is the overhead of all that just make blockchain tech very awkward and suboptimal (especially since ultimately there's a centraliz
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EugeneG
5y ago
Yep. Blockchain says I own this case of wine... but the other guy wont give me my wine! Who do I call? The physical, centralized police and the centralized legal system that back it. Without that legal system recognizing and honoring it, it
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