Rury

5 ms·

1.
by Rury 10d ago
Seems incomplete? Like several island nations are missing (e.g. Bahrain).
2.
by Rury 1mo ago
That’s an uncompetitive market. No one can outcompete on service, so they can only compete on price, but why would you in such a circumstance, it would only hurt you, so nobody does. This is what people seem to forget... you don’t need mono
3.
by Rury 1mo ago
I once saw someone say something like this: "Working in a monopoly mega corp is like working for a 20 person company, connected to 20 other 20 person companies, connected to 20 similar entities containing similar 20 companies, with eac
4.
by Rury 1mo ago
You don't get it? It's like this: "Make me a picture of a house". > AI proceeds to draw a house. "No that's not right, it should be a red bricked house. Not a brown one." > AI redraws a red bricked h
5.
by Rury 2mo ago
Yup. This is basically what Steve Jobs argued throughout the 1980s and 1990s, and championed as a philosophy. Adopting it, took Apple from being a struggling tech company on the verge of bankruptcy, to the dominant personal consumer technol
6.
by Rury 2mo ago
There are more numerous cases where cities happen to be situated fairly close together in Europe, where trains actually are a more sensible travel option, hence the fixation there. Planes instead make more sense the further you must travel.
7.
by Rury 2mo ago
This mis-frames the actual issue. "Being there for the paycheck" isn't bad per se, it's the morality in the manner of doing such. There's a marked difference in earning a paycheck via genuinely helping someone else
8.
by Rury 3mo ago
Does it matter if they only own a small fraction of the homes? There's some studies that show that in markets where institutional investors do buy, prices typically noticeably increase for houses afterwards, even if they only own a tin
9.
by Rury 3mo ago
Yes, I don't think this is a single faceted issue. I've yet to see anyone here mention animals yet... but numerous animals in captivity have also been shown to have far lower breeding/fertility rates. Factors like restricted
10.
by Rury 4mo ago
That alone will probably do little, due to contagion effects. Simply finding an index which excludes it might not be enough if it still shares other similar underlying stocks with indexes that do include it.
11.
by Rury 4mo ago
It's as if the author doesn't understand why various forms of money came to exist, and why there are disagreements over monetary ideas/matters.
12.
by Rury 4mo ago
That makes sense, but something I've been wondering as of late... what if markets are just being... cornered? Surely, it can difficult to assess genuine market activity from not, no? I mean I know it sounds absurd for something like th
13.
by Rury 5mo ago
Which is a poor choice of words by the industry, as this is a semantically specious argument. You are still, in the strictest sense, relying on obscurity - the key being obscure from public knowledge. The industry should instead say: relyin
14.
by Rury 5mo ago
Tough to limit to just 5, but I would consider something like the following: 1) Some measure of wealth (beyond GDP) 2) An equality quotient (considering both wealth and power) 3) Hours of work per capita 4) Reported happiness 5) Healthspan
15.
by Rury 5mo ago
> the others would just do the same and compete away those margins once again, with the marginal gain being handed back to consumers This is an assumption that doesn't necessarily have to happen. Some markets remain uncompetitive, o
16.
by Rury 5mo ago
I'm still waiting for people to understand the bias-variance tradeoff, and what it implies for the limitations of AI and terms such as "consciousness".
17.
by Rury 5mo ago
The game was always going to be systemically rigged, because the "riggedness" is borne from the very nature of how reality itself works. But it seems to me economics doesn't want to actually contend with nature or reality, ju
18.
by Rury 5mo ago
Odor was an example given by the researchers. And I too doubt it's due to odor, but we can't dismiss odor outright just because it seems reasonable. I mean humans for example are known to have an overall worse sense of smell than
19.
by Rury 5mo ago
"Austerity" is a red herring. I mean let's be serious, every option is austerity for someone... Cutting spending, means those who would have received that debt spending take a loss (perhaps their job). Raising taxes means tax
20.
by Rury 5mo ago
They did control for obvious appearance differences (e.g. color & type of clothing, hair length) and morphology (e.g. height/body size), even people's approach. But not more subtle traits such as gait, waist-hip ratio, odor...
21.
by Rury 5mo ago
NVIDIA execs are now saying otherwise: https://fortune.com/2026/04/28/nvidia-executive-cost-of-ai-i... Maybe Ed is right even if he's wrong on some things?
22.
by Rury 5mo ago
> the initial investment will pay off once the technology matures That's not guaranteed. Just look at the Metaverse. It did not pay off.
23.
by Rury 5mo ago
Yes about commodities, but what you said about surplus is actually wrong. Consumer surplus is at a maximum when there is no differentiation. That is because when producers struggle to differentiate amongst competition, they must compete fie
24.
by Rury 5mo ago
Now do costs. You're also ignoring the fact that these companies have been shifting things around to make their books look better than they actually are. Here's a good example explaining how META has been keeping debt and lease ob
25.
by Rury 5mo ago
People skills are primarily learned through observation, interaction, and modeling the behavior of others who have already have cultivated social skills. You know, from being around and interacting with people. It's not like studying a
26.
by Rury 5mo ago
Does it really say something? If so what? I think the assumption that suppliers are always just catering to whatever the market demands is dubious at best. In uncompetitive markets with strong moats and price inelasticity, there's no n
27.
by Rury 5mo ago
I blame the four horsemen of project management: Brooke's Law, Metcalfe's law, the Ringelmann Effect, and Parkinson's law.
28.
by Rury 5mo ago
Honestly though, they're not all that prophetic. I mean, you can find widespread instances of each means used throughout human history. Although I would happen to agree that the methods that feed complacency and ignorance are the most
29.
by Rury 5mo ago
Sort of, but not really. It's more that people get complacent/ignorant when it comes to matters of power (they shy away), so by choosing to let go (a selfish endeavor) - a power vacuum is created, which others seize the opportunit
30.
by Rury 5mo ago
> new people slow you down, until they do not and become part of the well-oiled machine that is hopefully your team This is true of training someone new to do a routine job. You spend some time teaching them, and they learning, and then

More ›