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You can’t determine age from a face scan. And it’s trivial to hold up a photo of an older person. Seriously if a website wants an image of your government ID or facial image, maybe ask yourself if you really need to access that site.

There WILL be breaches and those drivers license scans will get loose in the world sooner or later. Fully agree that this is all about access control. No thank you.


Isn’t this sort of like saying you know how to use a web browser?

Maybe? My high school had typing classes and on word and spread sheets and whatever. They also had dental assistant program where you’d be certified by the time you graduate high school.

Good point regarding “ survivorship bias and groupthink” here.


Remember Web 2.0? If not, check Wikipedia. The idea was that everyone could create mashup web apps to do anything thanks to open standards and free APIs. Where did that dream go? Do you think private companies are going to give everyone their data and functionality for free?

And what is so different about today’s dream of “agents” accessing private company data and functionality?

It is a lovely dream that I would be very happy to see. What can we do differently this time around?


I guess now we have the technology to use the UI layer as the API. Spin up a browser and impersonate the user, and then parse/OCR the data off the screen.


Trump is the only one convicted of felonies and found liable for civil wrongdoing.

No other president violated laws (and please don’t start with Monica Lewinsky or that time Obama wore a tan suit…)


Sloppy.


Clearly YMMV but I have been very happy with DDG since switching over a couple of years ago. Maybe we are searching in different domains. From my experience, no ads and less ai slop, and fine search quality.


The shilling for AI continues. How much $$$ do the big tech companies pay Columbia? Oh yeah, and what exactly did Columbia agree to do to get the trmp admin to leave them alone? All speculation of course, but the circumstantial picture stinks.


A wise move.


And if we all buy umbrellas, then it will start to rain??


The metaphor for the original post was more like "You're already wearing a raincoat and umbrella, and you're forecasting a flood warning?" So, the flood warning (project revenue) may be completely incorrect, but it's not incongruous with the fact that I'm wearing a raincoat and umbrella (current investor valuation). :-)


I mean, if you go outside and everyone else is carrying an umbrella, it's probably going to rain.


Or the town has been hoodwinked by a smooth talking umbrella salesman.


Again!?!!


Mono! Doh!


If you go outside and they are burning witches, it's best to go along with it.


This greatly overestimates the rationality of markets.


perhaps tis not the rain but the sun they fear.


That would be compatible with them carrying umbrellas; https://www.etymonline.com/word/umbrella


Stray from the light long enough and they'll start calling blindness "market strategy"


If you go outside and see people buying tulips, it doesn't mean that tulips are great investments.

Another example is how Isaac Newton lost money on some other bubble as well: https://www.smithsonianmag.com/smart-news/market-crash-cost-... [ The market crash which cost newton fortune]

So even if NEWTON, the legendary ISAAC NEWTON could lose money in bubble and was left holding umbrellas when there was no rain.

From the book Intelligent investor, I want to get a quote so here it goes (opened the book from my shelf, the page number is 13)

The great physicist muttered that he "could calculate the motions of the heavenly bodies, but not hte madness of the people"

This quote seems soo applicable in today's world, I am gonna create a parent comment about it as well.

Also, For the rest of Newton's life, he forbade anyone to speak the words "South Sea" in his pressence.

Newton lost more than $3 Million in today's money because of the south sea company bubble.


> So even if NEWTON, the legendary ISAAC NEWTON could lose money in bubble and was left holding umbrellas when there was no rain.

The moral of that story is that being a legend or smart doesn’t count for much in investing.


People often use that example, but Newton, for all he was unquestionably a giant of physics, was a bit of a weird dude and not 100% rationalist[1]. Additionally, just because he was a great physicist doesn't mean he knew anything at all about investment. You can be an expert in one field and pretty dumb in others. Linus Pauling (a giant in chemistry) had beliefs in terms of medicine that were basically pseudoscience.

Intelligent investor is a great book though.

[1] eg he wrote more than a million words on alchemy during his lifetime https://webapp1.dlib.indiana.edu/newton/project/about.do


> ...was a bit of a weird dude and not 100% rationalist...

That covers everyone. Especially and including the rationalists. Part of being highly intelligent is being a bit weird because the habits and beliefs of ordinary people are those you'd expect of people with ordinary intelligence.

Anyone involved in small-time investing should be considering that they aren't rational when setting their strategy. Larger investment houses do what they can but even then every so often will suffer from group-think episodes.


> Newton, for all he was unquestionably a giant of physics, was a bit of a weird dude and not 100% rationalist

The norms of "rational" science hadn't really been established yet. There wasn't really a clear line drawn between alchemy and what we would consider chemistry today.


That is what I used to think, but if you dig a little deeper I'm not sure it's quite that simple. If you read the link I posted, all that work on alchemy was not printed after his death because people examined it and deemed it "not fit to print". So it definitely seems that even at the time, there may not have been a clear line, but people felt that his alchemical writings were on the wrong side of whatever line might in future be drawn.

Newton was also definitely in favour of an empirical/axiomatic basis for science in general. If you read principia he proves almost everything[1] and of course he famously deformed his own eyeballs with wooden gadgets to do his experiments in optics.

[1] In fact pretty much the one thing he doesn't prove is the calculus, which Alex Kontorovich once said in a lecture on youtube that he has a pet theory that the reason that Newton never published the calculus was not the one everyone says about his rivalry with Hooke etc but that he wanted a rigorous proof first (which of course didn't come about until much later with Cauchy, Weierstrass, Dedekind etc for normal calculus and the 1960s for non-standard analysis to prove Newton's fluxions rigorously).


Newton knew a lot about investing for the time. He was a master of the mint for much of his adult life.


As I understand it, Master of the mint was more about knowing enough metallurgy to not be ripped off by people using weak alloys to smelt coins. It wasn’t like a modern central banker or anything like that.


Hint: its a classic LLM misunderstanding; theyre protecting from sunshine. Theyre parasols.


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