Live data from Hacker News

The leverage arbitrage: Why everything feels broken

tushardadlani.com

21–30 of 97 posts

Re: The leverage arbitrage: Why everything feels broken

#21

Lots of bold assertions without evidence. Author claims Google's high salaries killed entrepreneurship. Is there any data to back this claim? Or the idea that democracy can't adapt to social media discourse; not everyone is chronically online. Politicians still respond to public sentiment to similar degree as they always have. Then there's this: > AI systems aren't just tools—they're deployed faster than we can devel…

The number of unicorns was 39 when the term was coined in 2013. Then there was 119 by 2018 and then there were 1284 unicorns by May 2024.

From :

https://en.wikipedia.org/wiki/Unicorn_(finance)#History

So not only is there no data to back up the authors claim but it is wrong and could be checked by looking at wikipedia.

You don't have to be right, you can make claims, but when you make grand claims you should at least check wikipedia.

Re: The leverage arbitrage: Why everything feels broken

#22
post #6

While the reasoning I believe to be utterly littered with weak arguments, I agree with the final conclusion/question of the author. But what the author isn't clearly saying is that he is describing a free market opposed to a planned economy, even if he doesn't specificly say that, that's the implication of the final question. And I am all for planned economy. I want to cooperate with my human fellows, not compete to…

An economy is only free if left uncontrolled. IMO emergence of "cartels" and colluding entities (including politicians), have destroyed the notion of truly free markets.

Re: The leverage arbitrage: Why everything feels broken

#23

Lots of bold assertions without evidence. Author claims Google's high salaries killed entrepreneurship. Is there any data to back this claim? Or the idea that democracy can't adapt to social media discourse; not everyone is chronically online. Politicians still respond to public sentiment to similar degree as they always have. Then there's this: > AI systems aren't just tools—they're deployed faster than we can devel…

The only thing worse than the author claiming that is you asking for "data". Like what data? This is qualitative. And yes, Google killed one particular flavor of startup that paid its employees with smoke

It’s always kind of funny when people respond to a subjective opinion with “where’s the data?” because unless you’re responding with data it’s pretty much just a way of saying “I don’t like this”

Re: The leverage arbitrage: Why everything feels broken

#24

Or maybe it just feels that way because the world is being fixed at unprecedented rates? For example I had the misfortune to needing help from the mental health community a decade ago. I sometimes think about how much easier that part of my life would have been if TikTok and Claude had existed back then. It’s easy to forget, but many of the institutions we’ve built over centuries are deeply dysfunctional and very muc…

I hope you’re not seriously comparing TikTok/LLM-s with proper mental health institutions.

Re: The leverage arbitrage: Why everything feels broken

#26
post #8

Or maybe it just feels that way because the world is being fixed at unprecedented rates? For example I had the misfortune to needing help from the mental health community a decade ago. I sometimes think about how much easier that part of my life would have been if TikTok and Claude had existed back then. It’s easy to forget, but many of the institutions we’ve built over centuries are deeply dysfunctional and very muc…

I don't think you should be getting mental health advice from LLMs, it has been shown that their sycophantic nature reinforces your own diagnoses not that of a professionals. Using an LLM in a field you're knowledgeable in would make you think twice about their accuracy in fields you are unable to know the correctness of personally. It will all sound very convincing, but may be a fundamentally flawed diagnoses. Anoth…

I agree. I was using an LLM to test some assumptions I was making about a chemical combination, and although it's reasoning was logical it made an error about how pH works when you combine two acids of similar strength then it held onto that incorrect conclusion for the rest of the chat.

Since I wasn't asking anything related to pH, I skimmed past that section and didn't notice the error until much later in the chat when the LLM decided to build upon erroneous reasoning.

I think someone who hadn't studied chemistry would've relied on its' answer since all the rest of the logic would've been correct if the solution really did become more acidic.

Re: The leverage arbitrage: Why everything feels broken

#27
The articles on this blog before 2025 never contained em-dashes. Not even a single one.

And the articles from 2025 onward all use em-dashes.

Curious, huh?

> Each operates at a different mathematical order: linear, exponential, and systematic respectively.

This was where I stop reading. "Systematic" mathematical order. Sure.

Re: The leverage arbitrage: Why everything feels broken

#28
Engineering/STEM training doesn't have what is required to fix such problems. So they have to get involved with multi-disciplinary groups or nothing useful will ever get built that actually fixes things.

This is why lot of people within tech/science circles feel lost and defensive about their work. They barely understand anything about the humanities/social sciences.

Consciousness of what is missing is increasing slowly, thanks to the info tsunami the internet has unleashed.

But that info delivery architecture relies on pseudo experts and celebs whose survival depends on collecting views, and is delivered to the mind in such random order, with high levels of over stimulation and noise, that it creates even more confusion.

What's missing?

No foundations in Philosophy. No idea where Value Systems come from. No idea how they are maintained - learn - adapt to change. No idea why all religious systems train their priests in some form of "Pastoral Care" involving constant contact with ordinary people and their suffering.

So the Vatican survives the fall of nations/empires/plagues/economic downturns/reformation/enlightenment/pedo scandals etc but science/engineering orgs look totally helpless reacting to systemic shocks and go running to Legal/HR/PR people for help.

That's at the org level. At the individual level, most tech folk pretend the limitations/divisions of their own brain/mind don't exist and have no impact on what they build. There is no awareness of what Plato/Hume/Freud/Kahneman have to say about it and how those divisions of the non united mind and denial of it effect what gets built. And since the article mentions systems running at different speed think about the electrical and chemical signaling in your own mind. Are they happening at the same speed?

So don't try to work all this out by yourself. Multi-disciplinary groups are our only hope. If the org is filled with only engineers, history already shows us how the story unfolds.

Re: The leverage arbitrage: Why everything feels broken

#29
post #19

When you read the title, "Why everything feels broken and what can we do", it is obvious op turned a me problem into an us problem. It's a common pitfall to take yourself out of the equation when you are about to make assertions without evidence to back them up. The title could have been written as: "Why do I feel everything is broken, and what can I do about it". you will end up writing a completely different post a…

Except the OP is kind of right I feel.

Re: The leverage arbitrage: Why everything feels broken

#30
post #8

Or maybe it just feels that way because the world is being fixed at unprecedented rates? For example I had the misfortune to needing help from the mental health community a decade ago. I sometimes think about how much easier that part of my life would have been if TikTok and Claude had existed back then. It’s easy to forget, but many of the institutions we’ve built over centuries are deeply dysfunctional and very muc…

I don't think you should be getting mental health advice from LLMs, it has been shown that their sycophantic nature reinforces your own diagnoses not that of a professionals. Using an LLM in a field you're knowledgeable in would make you think twice about their accuracy in fields you are unable to know the correctness of personally. It will all sound very convincing, but may be a fundamentally flawed diagnoses. Anoth…

I’m well aware of the risks. But I think you have an unrealistically rosy picture of professionals’ diagnoses.
Post reply on HN