Live data from Hacker News

Ask HN: Anybody Started a Research Institute?

news.ycombinator.com

141–150 of 173 posts

Re: Ask HN: Anybody Started a Research Institute?

#141

Research institutes without a stable stream of new phd students every year tend to stagnate. Then they become mere displays of alten venerable greybeards. "Great minds" do not assemble, as you seem to mean. Young people become great by their interaction with experts that they learn to surpass.

Sounds a lot like "science progresses one funeral at a time"

Re: Ask HN: Anybody Started a Research Institute?

#142
post #44

Hi. I went through this journey myself. I have a CS master degree, and always wanted to transition into AI research (focus on probabilistic programming, deep learning and self-play, but also simulation, learning-to-learn, bayesian inference, genetic algorithms). The initial plan was to self-learn machine learning, deep learning and statistics. I did that for 1 year, with the hope of joining on of the big AI labs afte…

[flagged]

We have a hard time believing it ourselves too. I did leave out that around 25M of it is profits reinvested over time and it did do well because we are in a bull market. Binance forces you to hold 11k BNB to be vip9 to get the best fees, we started buying it at around $15, it's worth now around $300 per BNB, and we also hold other cryptos as a side investment. The rest is algotrading profits.

The initial investment was 40k, no other funding rounds or money laundering.

Re: Ask HN: Anybody Started a Research Institute?

#143
post #44

Hi. I went through this journey myself. I have a CS master degree, and always wanted to transition into AI research (focus on probabilistic programming, deep learning and self-play, but also simulation, learning-to-learn, bayesian inference, genetic algorithms). The initial plan was to self-learn machine learning, deep learning and statistics. I did that for 1 year, with the hope of joining on of the big AI labs afte…

ML has proven to have incredibly poor results in crypto trading or market trading in general. There is paper after paper published on the dismal performance of this approach. It seems just very unlikely.

It's obviously BS. The guy admits he couldn't even get a job at an AI lab with his skills but they were somehow good enough to make a 250000% return in about a year via "algotrading" ? It's ludicrous.

Re: Ask HN: Anybody Started a Research Institute?

#144
post #44

Hi. I went through this journey myself. I have a CS master degree, and always wanted to transition into AI research (focus on probabilistic programming, deep learning and self-play, but also simulation, learning-to-learn, bayesian inference, genetic algorithms). The initial plan was to self-learn machine learning, deep learning and statistics. I did that for 1 year, with the hope of joining on of the big AI labs afte…

That’s quite a flex! How do you anticipate disseminating the results of your research group without compromising the highly competitive position of your financial interests? Will you publish papers on toy datasets?

Agreed. Good question. Regarding our current approach, my hope is that someday our alpha goes away entirely and we can publish our strategy in detail. But going forward, the plan is to have a trading division that keeps research secret, and a fundamental AI research division (unrelated to trading) that publishes publicly.

Re: Ask HN: Anybody Started a Research Institute?

#145
post #56
post #44

Hi. I went through this journey myself. I have a CS master degree, and always wanted to transition into AI research (focus on probabilistic programming, deep learning and self-play, but also simulation, learning-to-learn, bayesian inference, genetic algorithms). The initial plan was to self-learn machine learning, deep learning and statistics. I did that for 1 year, with the hope of joining on of the big AI labs afte…

that's really impressive, congrats. for how much of that year and 2 months were you working solo ?

I spent 1 year learning about AI/ML with books and moocs. Then 1 year building a prototype. Then 1 year + 2 months as a team.

Re: Ask HN: Anybody Started a Research Institute?

#146
post #145
post #56

Earlier quoted context omitted.

that's really impressive, congrats. for how much of that year and 2 months were you working solo ?

I spent 1 year learning about AI/ML with books and moocs. Then 1 year building a prototype. Then 1 year + 2 months as a team.

On the subject of moocs and books, which were some of your favorites? I'm an SWE with an out-of-date background in AI and I'd love to deep-dive into ML, but there are _so many_ mooc options nowadays without a great way to determine quality.

Re: Ask HN: Anybody Started a Research Institute?

#147

Earlier quoted context omitted.

[flagged]

Just out of curiosity, how does one even custody 100M dollars in crypto markets? In equities/traditional trading anything above 8 figures allow you to have prime brokerage access (e.g., Archeogos). For the type of arb trading and yield harvesting OP is referring to (and not throwing shade; just curious), how do you even find any broker or exchange in the crypto space that are willing to custody 100M worth of cash and…

> how do you even find any broker or exchange in the crypto space that are willing to custody 100M worth

You definitely do not put all your eggs in one basket.

The mature legal and insurance infrastructure in the fiat markets encourages this kind of all-eggs-in-one-basket in order to get better treatment from your brokers. In crypto the incentive is precisely the opposite.

> more exchanges some of which have more security and exit scam risks.

That is a very, very important risk that must be mitigated. Doing so is part of what separates success from failure. The residual unmitigatable risk is treated as a cost of doing business.

It's still the wild west in many ways. Some people like that. Most people who've spent a lot of time on Wall Street won't.

Re: Ask HN: Anybody Started a Research Institute?

#148
post #142

Earlier quoted context omitted.

[flagged]

We have a hard time believing it ourselves too. I did leave out that around 25M of it is profits reinvested over time and it did do well because we are in a bull market. Binance forces you to hold 11k BNB to be vip9 to get the best fees, we started buying it at around $15, it's worth now around $300 per BNB, and we also hold other cryptos as a side investment. The rest is algotrading profits. The initial investment w…

> it did do well because we are in a bull market

You're not in a bull market. You're in fucking Wonderland.

Please take this reply as an opportunity to provide evidence for your tremendous wealth. Nobody makes $100m without a footprint.

Re: Ask HN: Anybody Started a Research Institute?

#150

Earlier quoted context omitted.

Sorry to bring the bad news, but the author the first comment is 100% right. Moreover, structure in academia is different than in Startups. In startups, people don't care about "names" and "prestige". In academia, it is different. In order to get your next job in academia, you need (1) recommendation letters (2) citations. Advisors usually have a larger network and experience to be able to publish papers and help you…

Well, I think that's a bit pessimistic. I think every Msc student at a "no-name" german university has the chance to publish a paper at a top-tier conference. Student research assistant jobs are plenty and the Msc Thesis can be real-science. Every Msc. CS program here I know has a research-option so that instead of lecture you can do research. It's just hard to publish in those top-tier conferences and most research…

As someone who went through German academia at a very high level, with a top PhD, early and lasting grant success, top-tier publications and a multidisciplinary network, but who still could not land a Professorship in Germany but had to leave the country for it, I can tell you, it is not too pessimistic what ___luigi writes.

Hierarchy is everything in academia, especially in Germany. The only way to tenure is to have someone up there already who is willing to pull many strings for you.

Post reply on HN