Viewing profile — Rury

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 doe…

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 sim…

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 redr…

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 ve…

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.…

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 …

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 incr…

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 breed…

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 …

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.

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, n…

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 fr…

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) H…

> 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 …

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".

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 t…

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 k…

"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…

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…

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?

> the initial investment will pay off once the technology matures That's not guaranteed. Just look at the Metaverse. It did not pay off.

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…

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 expl…

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 aroun…