Viewing profile — hpatel

Even though it makes sense, I think the biggest problem with this solution is preventing people from taking up low paying cash jobs. The US doesn't have an effective way to enforce…

Given that this discussion is about US immigration, it makes sense to discuss cases where capital needs to be raised(if comparing to OECD countries) or there is a significant advan…

You are right. I was describing free - not freemium. Though, technically even freemium is an example of where a large number of people don't pay in the direct exchange. The monetiz…

Consider the example given by creamyhorror below - the influence of money in the political process. What if besides having a disproportionately high number of points on HN, you had…

He's saying the same thing as you. Basically, it's hard to know what benefits society most at any given. That's the job of historians.

The problem with the current system isn't that people act selfishly i.e. in a way that creates most value for themselves. The problem is that the selfish actions of some actors(the…

Divorcing ability to pay doesn't necessarily have to mean nobody pays. We are already beginning to see the early stages of such a system. All freemium services are in essence an ex…

You nailed it. The key problem is 'demand' is determined only by whoever has money. Capitalism works because each person gets a say in what is important and creates value for them.…

Not a summary. But, relevant questions: 1. How do we reduce the costs of drug R&D? Can we crowdsource the process? 2. How can we change the system for getting credit(money) for cre…

Just cuz you understand the system, doesn't mean you are free from it.

Certification is a form of social proof, and a shortcut to find people who might be qualified in some industries. They are worth it if your 'customer' (employer, actual customer, o…

Credit and recommendation are fundamental to any human endeavor - whether applied to Ph.D candidates, poverty and access to capital, patents, or a plethora of other complex societa…

Even if they can't do it right away, they should communicate a plan for how they are going to tackle this recurring issue. That's the whole point behind status.heroku.com / trust.s…

My experience has shown that there is one more category - #1(creates frameworks) + #3(gets stuff done). In early stage startups, this is the kind of person you want. In big compani…

Also, 1) potential to eventually sell MS products to yammer's customers. 2) being able to win other enterprise deals in competition with Salesforce/Oracle by being able to claim th…

Yup, you are right. Attitude is key to becoming a) (along with a basic level of aptitude, obviously). And, few people have the necessary self awareness. Attitude is exactly what co…

Patents help the inventor in the following ways: 1. Capture value/recover costs from the application of the invention. Inventors gain, society's gain. 2. Receive portion of value c…

Talent at any company can be divided in to following categories: a. People who make code* frameworks b. People who extend code frameworks c. People who maintain code frameworks * y…