Live data from Hacker News

The West forgot how to make things, now it’s forgetting how to code

techtrenches.dev

821–830 of 896 posts

Re: The West forgot how to make things, now it’s forgetting how to code

#821

Earlier quoted context omitted.

Musk's money came from creating a business that was worth a lot of money. I.e. he created his wealth. It was not transferred to him. The same goes for Bezos, Jobs, Gates, etc.

He ended up with all of the profits, but he didn't put in all of the work. A lot of people worked very hard for that wealth, either for salary or a minuscule fraction of the profits. He gets to keep the lion's share of the profits because he was the one who took the risk with his capital. And bully for him; well done that man. But we treat him as if he had all of the ideas and wrote all of the code, and that's simply…

> He ended up with all of the profits

Obviously not. The investors got their share, and employees got their stock options.

> But we treat him as if he had all of the ideas and wrote all of the code, and that's simply not true.

What were the names of the crew of Captain Cook's ship? Who was under the command of General Sherman? Who won the battle of Yorktown? Who created Standard Oil? We give credit to the head of something, not to the people under his command.

> If it weren't them it would have been someone else.

Nobody knows that.

> And even that much is more luck than skill.

If I hit a home run once, I would attribute it to luck. If I hit a home run 3 times, then I have skillz.

Gates maneuvered 3 dramatic changes in Microsoft, where other companies failed at the transition. Jobs made 3 fortunes. Musk has made several diverse fortunes.

At some point, you're going to have to give these people credit.

Musk has created a million times more wealth than others. If his life story was a novel, I would have put it down as absurd.

Re: The West forgot how to make things, now it’s forgetting how to code

#822

Earlier quoted context omitted.

Musk's money came from creating a business that was worth a lot of money. I.e. he created his wealth. It was not transferred to him. The same goes for Bezos, Jobs, Gates, etc.

That business is currently worth a lot of money, but why? Its not making a lot of money.

Businesses are valued on their ability to make money in the future.

Re: The West forgot how to make things, now it’s forgetting how to code

#823

Earlier quoted context omitted.

I won’t deny he created his own fortune from PayPal. But if you come from “so much money we couldn't even close our safe” as his father put (quote from Wikipedia Then you do have a leg up

> I won’t deny he created his own fortune from PayPal. I'd deny even that. He made enough dumb decisions that he was forced out and got rich primarily because of other peoples' good ideas/decisions.

And where are those other geniuses today?

Re: The West forgot how to make things, now it’s forgetting how to code

#824

Earlier quoted context omitted.

Musk's money came from creating a business that was worth a lot of money. I.e. he created his wealth. It was not transferred to him. The same goes for Bezos, Jobs, Gates, etc.

Buying an ownership stake in an established business and forcing them to give you a "co-founder" title isn't "creating a business".

Tesla was quickly going bankrupt when Musk decided to buy into it. It was not an "established business". It had no plan, no car, no design, no sales. When you sell a controlling share to another person, the other person then controls the business.

Re: The West forgot how to make things, now it’s forgetting how to code

#825

Earlier quoted context omitted.

I am really amazed at how we are really okay with LLMs writing code end to end (without human in the loop) / dark factory concept but when it comes articles, HN is suddenly against LLMs writing words. I do not see the difference between writing code and writing prose. Both have keywords, grammars, syntax, meaningful combinations (function or chaining in code / collocations in words). If we think that AI-generated wor…

That's because the purpose of code is to be used, not to be read. The only purpose of the written word is to be read.

The 1s and 0s are meant to be used, the code is meant to be read

Re: The West forgot how to make things, now it’s forgetting how to code

#826

Earlier quoted context omitted.

Bitcoin is not a company selling a product.

What exactly is the difference? Someone tweets that next week bitcoin will be worth $x more, or elon tweets that tesla will be worth $x more next week?

Bitcoin isn't run by any organization.

Re: The West forgot how to make things, now it’s forgetting how to code

#827

Earlier quoted context omitted.

> I won’t deny he created his own fortune from PayPal. I'd deny even that. He made enough dumb decisions that he was forced out and got rich primarily because of other peoples' good ideas/decisions.

And where are those other geniuses today?

History is full of actual talented people screwed over by capitalists.

Re: The West forgot how to make things, now it’s forgetting how to code

#828

Earlier quoted context omitted.

> They did not properly prepare and as a result lost 20% of its territory in days. Ukraine has been preparing since 2014. Without preparation there would be a Russian talking head right now in Kyiv.

According to [0] the military was basically doing under-the-radar preparations in the last few weeks before the attack, because the official narrative was that nothing's gonna happen. > A small group of officers at HUR, Ukraine’s military intelligence agency, did begin quiet contingency planning in January, prompted by the US warnings and the agency’s own information, one HUR general recalled. Under the guise of a mo…

What's the choice here? Start saying "Russia will attack" and then see 20% of your population flee, while Putin sits and waits until your economy runs into the ground, and THEN attacks? There's no good choices here.

Re: The West forgot how to make things, now it’s forgetting how to code

#829

Earlier quoted context omitted.

I think the article is making the point that it is a cultural problem about cost cutting and short term thinking.

Yeah, agreed - short-term incentives seem to drive a lot of this. Do you think tools can help, or is it mostly cultural?

You can't fix a cultural problem with tooling. I don't understand why silicon valley hasn't taken this lesson to heart yet.

Re: The West forgot how to make things, now it’s forgetting how to code

#830
post #93

Earlier quoted context omitted.

> They did not properly prepare and as a result lost 20% of its territory in days. They did though. While nobody actually believed Putin would be dumb enough, the Ukrainian army was still, just in case, extremely busy on preparing defences, organising stockpiles, preparing defensive tactics.

> While nobody actually believed Putin would be dumb enough I'm not sure why you'd say nobody thought they would invade. To me it was clear in December the year before when the Russian navy began sailing the long way around Europe, getting in the way of Irish fisherman and confirmed days before the invasion when they had stockpiled medical personnel and blood on the front lines.

You must have made a fortune from shorting Russian stocks in December 2021.
Post reply on HN