351–360 of 407 posts
From a communication strategy standpoint, I'm just curious what the thinking was to go with 'Little Tech' to refer to new tech startups? I understand the purpose is to succinctly stand in contrast to 'Big Tech', but the word 'Little' somehow feels a bit more cutesy or infantilizing to me than saying 'Small Tech.'
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> for example the US government wanting to encourage home ownership and skewing the mortage [sic] market and the money supply and requiring lenders to accept more default risk Are there economists who share your view on this? I don’t see how the issue of repackaging CDS and related products by a financial rating agency has anything to go with the government. If you’re saying that the government forced buyers to aband…
> I don’t see how the issue of repackaging CDS and related products by a financial rating agency has anything to go with the government. The financial rating agencies are creatures of government regulation. > If you’re saying that the government forced buyers to abandon due diligence I said no such thing. I said that government regulations forced lenders to accept more default risk--meaning they were forced to lend t…
The ratings agencies are free to rate things as they wish - unless maybe you’re saying there’s a government directive to misrate things?
Also, please clarify how the government is compelling lenders to make loans that don’t pass the lender’s underwriting criteria… this is news to me
If you need more things to fix: * Software R&D Amortization - taxes on make-believe profits * Patent law - protect small businesses from patent trolls * Automate government-driven compliance standards - enable small businesses to sell into large companies/government entities, automatic certification when using pre-approved cloud solutions. * Healthcare insurance - employees of SMBs automatically get access to medicar…
"This year, we’ll fund more than 500 companies out of 50,000 applications, and almost all of them are related to AI in some way." So, what this means: that in 2024, if you want to get VC capital, your startup must be related to AI.
Nope that doesn’t necessarily follow.
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> this is a bad policy. It means that google doesn't have to aquire-hire your team, they can just poach all of them wholesale. It's called a free market, pay up
Please explain how certain players having more or less unlimited capital advantage that allows them to snuff out any potential competition leads to more aggregate freedom.
> This country is built on the idea of rugged individualism, ingenuity, and grit. > It’s also built on the idea of equal opportunity Anybody else get “out of touch” vibes from this post?
Great call out. Who can claim with a straight face the USA was built on the idea of equal opportunity. Who would say that country that sprang from the metropolises of the east were built on individualism? This kind of capital-C conservative appeal to the past is a political signal to light a fire under the Dems and court Republicans. Not that you’d expect such a statement to turn into a truth telling commission or a…
> This country is built on the idea of rugged individualism, ingenuity, and grit. > It’s also built on the idea of equal opportunity Anybody else get “out of touch” vibes from this post?
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> Considering Medicare/Medicaid are currently approaching $1T annually to serve less than 20% of the population how dues your stroke of the pen plan pay for the increase when everyone is enrolled? Most countries manage on ~12% or less of GDP, the US takes ~17% of GDP to pay for healthcare [0]. For example, the UK manages to cover everyone for about 12% of GDP. If the US adopted a plan as ubiquitous as the UK, in the…
The UK's 12% is fairly typical, and a similar percentage funds (mostly better) systems in many Western European countries. Singapore has an excellent system costing about half the proportion of GDP.
https://www.theguardian.com/society/2024/jan/11/uk-cancer-su...
Singapore has an authoritarian police state which prevents many of the chronic substance abuse problems that drive a significant fraction of US healthcare spending. I don't think Americans would be willing to accept that trade-off. Singapore is also nearly 100% urban which makes care delivery much more efficient.
The US healthcare system is a mess and needs reform. But we can't just copy other countries. We don't want to lose the best parts of our system or stifle innovation in (expensive) new drugs and medical devices.
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I live in Canada and there isn’t a spending limit. The decision of how to treat is made by the doctor. The doctor is then paid. In my experience living on both sides of the border, you get far more care up here since there is no bullshit with finding a facility that accepts your insurance, and cost isn’t a consideration for doctors or patients. People will occasionally travel to the states for drug/therapy trials not…
Canada has spending limits, but they aren't in $, but in procedures. It varies by province, but Alberta will do n heart surgeries per year, and who gets them is by triage
You will find that triage is a fact of medical care in most places. I have waited hours in a private ER in the states multiple times. You have to wait months to see specialists in the states as well.
The US also has a triage system for care. First they filter by ability to pay, then they filter by doctor and facility availability like Canada does.
An American with no ability to pay will wait far longer than an Albertan for heart surgery.
If you need more things to fix: * Software R&D Amortization - taxes on make-believe profits * Patent law - protect small businesses from patent trolls * Automate government-driven compliance standards - enable small businesses to sell into large companies/government entities, automatic certification when using pre-approved cloud solutions. * Healthcare insurance - employees of SMBs automatically get access to medicar…
> the system crashed in late 2018 and was inoperable for about 10 months; another 10-month outage occurred in 2021. While the system was down, bonuses had to be filed through a complicated manual process, creating a backlog that states are still trying to fix. (2023 story) [1]
> Two adjutants general, top commanders in their respective states, described discovering their staff tracking enlistment bonuses on dry-erase boards or through email traffic and handwritten notes. [1]
Sorry, your bonus is goin around on somebody's handwritten note somewhere. Also, see if you can maybe do something about that VA medical data system. Heard they still hate it last reference.
[1] https://www.military.com/daily-news/2023/10/27/soldiers-unpa...