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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)Y
Posts
3
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1585
Joined
2 yr. ago

  • If I understand it correctly I think the most important part of the process is simply the fact that it's putting some share of your current income into an actual growth investment. DCA in that sense is less about getting a better return on your overall investment, and more about starting to build those long-term investments in a way that has a predictable and minimal impact on your day-to-day household budget. It's not answering the question of "what should invest in" but rather "how do I start investing?". In that sense I guess we should probably be more clear that you can DCA into actual solid long-term investments rather than throwing your money at crypto. Hell it would probably be less destructive on net to take your monthly DCA to the literal casino and put it all on black.

    That actually raises an interesting point. I would be curious to see if DCA is actually doing some harm mitigation by giving the truly pilled victims a maximum that they're going to throw to the grifters, compared to how often people set it as a minimum amount of money. If they weren't DCAing would they be investing less by waiting to see what was left at the end of the budget or more by not bothering to seriously plan their expenses at all?

  • Rather than trying to efficiently buy a diverse portfolio by investing in areas that are cheaper at the current time, which sounds like what you're describing, the bitcoiner DCA goes like this:

    Every pay period set aside a certain fragment of your paycheck to buy Bitcoin no matter what the price is. Sometimes you'll buy 1/1000 of a sat because the price is high, which is okay because you're getting a valuable asset. Other times the price will be lower and/or trending down, but that doesn't mean that you shouldn't buy more it just means that this pay period you're going to get 1/500 of a sat instead!

    It's yet another coiner "investment strategy" that cashes out to "stop asking questions and buy my bags no matter what".

  • I feel like this falls into the classic blunder of smart dumb guys throughout history of using aggregation and abstraction to obscure what's actually happening.

    It's not technically the same as chasing losses because the bet doesn't technically resolve until you try to sell your Bitcoin. Unless you're selling your stake and only then deciding whether on not to buy more, the theoretical final value of your Bitcoin could be anything. In that sense, DCA does make some sense in the hypothetical final accounting. UYour payout is whatever price you sell at, and your buy-in is a weighted average of the prices you bought at. For something like a stock portfolio where you actually have reason to expect the overall value of your investment to grow over time (because the economy generally grows and your portfolio is spread across a broad swathe of it) the math does work.

    But the problem is that it doesn't address the fundamental problem of crypto investing, which is that crypto is worthless and crypto bros are usually looking to concentrate their assets in this worthless category. "Look at my average cost go down!" isn't actually a relevant response to "why are you throwing more of your money into a fire?" In average terms you may have paid less per unit you own, but in absolute terms you're still throwing good money after bad.

    Averages, samples, models, aggregates, whatever form it takes, the tools we use to track and evaluate the world don't magically tunnel through space and time to change it. In terms our very good friends would recognize: the map is not the territory. But especially in finance it seems like making the map look the way you want gets treated by smart dumb guys as though it's the same thing as changing the territory itself to be more favorable, when in truth they're either finding a prettier vantage point for your landscape photography or else straight up lying and sketching in a non-existent beach.

  • Given how our very good friends were promoting the concept of prediction markets for ideological/idiot-logical reasons before polymarket existed I'm pretty sure they didn't need to be bribed or set up. Just let them show off that someone actually made the real thing they were pitching as a concept a decade ago and pretend all the issues don't exist.

  • I guess the voice recognition probably used some kind of machine learning?

  • AIrstrip One sounds like Elon's company trying to use solar-powered ultralight UAVs to replace geostationary orbiting satellites.

    GilAId is obviously chatbot tradwives that will definitely have artificial wombs and humanoid robot bodies by Q3 2027.

    NorsefAIre is just the latest attempt by the psychic parasite desperately trying to serve as Peter Thiel's conscience to get somebody to stop him. It won't work any better than the name "Palantir."

  • That's better but I think the overdiagnosis and overtreatment risks still apply. Also: shit, your insurance covers that?

  • Today (actually sourced to Perun's video from a few weeks back but I watched it today) in Everything is Connected:

    One of the advancements in one-way attack drones in the Russian invasion of Ukraine has been the move to directly-connected fiber optic cables for control. This has proven an effective way to counter electronic warfare, but has also meant that both sides have started using a volume of fiber optic cable that boggles the mind. This made the single fiber optic manufacturer in Russia a substantial strategic target, which Ukraine obligingly took advantage of. In turn, this has forced Russia to rely completely on imports, placing the Russian war effort in direct competition with China's AI datacenter buildout for this now-vital resource.

    China being a proudly socialist country, this allowed the fiber optic manufacturers to raise their prices through the roof and absolutely take the Russians (and presumably their AI customers) to the cleaners.

    Never let it be said that there are no AI-tangential stories that you can't feel at least a little bit good about, even if it is just the endless grift nexus capturing an even bigger bastard.

  • Really needs to have the poison bar slowly filling to complete the FromSoft effect. It can't just be a normal non-poisoned swamp.

  • however because everything in claude code is implemented in 5 million different ways, those protections are a completely orthogonal set of codepaths from how CLAUDE.md files are read. conversely, the file read tool seems to be completely naive to symlinks while the CLAUDE.md reader is not

    See, if a person had written the system and had some kind of reasonable design or whatever then this kind of vulnerability may have turned into a full skeleton key to crack the entire system wide open. Instead, the superior machine intelligence ensures that all components will break in slightly different ways under slightly different conditions, thus ensuring no single fault can allow an adversary to completely compromise the system, provided of course that they can't just inject a prompt somewhere because as we all know that's a structural vulnerability that can completely crack the system open.

  • The goal is for this process to take no more than 60 seconds.

    You go into the water, you come out of the water, and you're done.

    When you step into the water, you’re standing on top of a platform. The platform is connected to rails and begins to descend into the water - an elevator gently lowering you at around 2 inches, or 5 centimeters, per second.

    Assuming 30s down and 30s up, this platform will lower you a total of 60 inches, or 5 feet. So even in the magical fantasy land where this works at all you're going to have a great tool to detect what's happening in the body as long as it's below the average person's heart, an organ that is famously unnecessary and irrelevant.

  • Gay people I respect:

    I can pretend they're straight

    Gay people I don't:

    I can't pretend they aren't gay and I've decided this is a 'them problem'

  • This feels like yet another case of "what no postmodernism does to a mf". Because I can kind of agree they ASD is a bit of a weird diagnosis in some respects, but that's entirely because of an ongoing discussion between different social models of mental diversity. On one hand, much of the autistic community has embraced a model rooted in neurodiversity. The associated behaviors aren't "abnormal" and happen to nearly everyone to some degree, but some people experience them in different ways that impact how they interact with other people and the world. In this model, we need to emphasize empathy and support to help everyone find a place in the world where they can be happy and fulfilled.

    But Scott as a practicing psychiatrist is strongly invested in the older model of mental illness or mental disability, where some people have mental and behavioral problems that make life more difficult and dangerous for them and those around them, and those people need help to mitigate those problems so they can exist in society. This is obviously a less kind and more authoritarian model than neurodiversity, but it's easy enough to understand the appeal in circumstances where the challenge of "how do I help people be happy and successful" necessitates asking "how do I reduce or eliminate the risk of physical violence from this person." Hell, compared to the other model that gets invoked to deal with that question, criminality, it still at least acknowledges that people with high support needs are people whose well-being deserves consideration. A patient is a human being at least to the same degree that a child is, effectively.

    But Scott, being afraid of postmodernism, can't really allow himself to recognize these as separate models that are valuable in different circumstances, not the least of which is because he's a fashy little bastard who would have to give up the authority of being a capital-D Doctor in favor of just being an expert on certain elements of the human mind and body. So instead he and his friends are totally neurotypical, yes. Don't listen to them describe their own experiences, listen to the Doctor Man.

  • As I recall the impetus for this was that the team working on grok's code generation ability was preferring to use cursor. Imagine making a model so shitty that even the kind of ai-brained buffoons who want to work on fucking grok don't want to use it. Now consider that apparently that model is grok itself.

    1. Shit piles up at the bottom of the hill

    2. Bottom of the hill elevates until it reaches the enshittifiers

    3. Dinosaur eats man

    4. Woman inherits the earth

  • I'm sorry are you telling me that there people's social circle includes the same like 50 oligarchs and apparatchiks and they're making a dating site for themselves? I know they lost Epstein but this is just pathetic.

  • How is it that whenever I learn something new about this family it's always a new way for them to be awful to each other or their kids?

  • Well yeah. Just because they call their crypto scheme an Oracle doesn't mean they've actually solved the oracle problem.

  • Yeah. I'm not gonna spring for the paid subscription to read the whole thing, but if we're gonna be angry at reasonable general-purpose life advice being melded to a toxic and hateful ideology and then put forward as a revolution in human thought and relationships, then I have bad news about the whole rationalist community.