skysight-inc/HackerNews huggingface dataset:
My understanding is that the carried interest rule was originally created as an incentive for mining exploration. It wasn't until the 80s that Wall Street hedged funds started taking off, and that they really started making use of it.

My feeling is, if you don't have actual capital at risk, you shouldn't get a break. Or put another way, if it's not possible for you to experience a capital loss, then it's not possible to experience a capital gain. Most VCs and hedge funds also invest a substantial amount of their own capital in the funds they manage, so it's not like it would be a radical change.

A few years ago I went to the Aspen Ideas Festival. One of the speakers was David Rubinstein of the Carlyle Group. Someone cheekily asked him what the tax on carried interest should be. He said "It should be zero. But politicians 'earn' so much money in donations by by threatening to repeal it, I predict it will always come up as an issue every three or four years, and will always stay about what it is now."
When you buy a share of SPY you're not paying that cash to all the S&P 500 companies, you're paying it to another party that already has a share of SPY. IPOs give money to companies, but trading shares between parties does nothing for the company and contributes $0 to wages, equipment, R&D, etc.

I own shares of SPY, if I sell them to you what exactly changes?
I think we can just summarize the entire thing now and forever as "Management leading developer meetings always leads to tears".
A normally electronic musician, Dan Deacon, has used some very complex player piano arrangements. When he recorded his album Bromst, they set up multiple MIDI player pianos to play the midi arrangements. What I found very interesting is that the density of the notes actually builds up to a very full and soothing (to me) sound, when played on the analogue instruments rather than on a computer. This is an album I play when driving through the woods or staring at the stars. There is texture to be heard from all of the hammering keys, but the notes all combine to a smoother and very meditative, calming, uplifting sound. I feel like like that fullness of sound from the analogue instrument allows the listener to here the overarching melodies, rather than focus on how many notes are being played.

Here is a link to a documentary about the recording of the album linked to a visual of the pianos playing:

https://youtu.be/TPg4Vcr56F0?t=785
7 Content Search Tools That Are Perfect Alternative to BuzzSumo
OpenBTS, YateBTS, OsmoBTS, and Osmo-BB are already doing some pretty interesting things. They could interact with existing networks if the devices running them could be FCC certified.
Don’t use gradient generators
Yeah, that was my thought. Does everyone really think that the companies building these security platforms haven't thought of this? It's not an obscure protocol or anything, and ICMP has plenty of other potential abuses that would lead network admins to block it.
Paint or wallpaper that blocks signals are perfectly legal, so I'm not sure what you mean by "illegal to block wifi/cellular signals".

You can't transmit and jam others' signals, but that's different.
fair enough. By contrast it seems to support clusters.
Was anyone else really upset to see the photo of the TD Ameritrade that replaced Mars bar?
Seems like a classic case of looking for a technical solution when human solutions exist and do just fine.

All you have to do is make it clear that any and all phone use, including just looking at it, is not allowed. Encourage people to report offenders. Make it easy to do so anonymously, for example by passing a note to an usher. Eject violators and do not refund their money.

(This is stolen from the Alamo Drafthouse's policy, not just something I made up. It seems to work just fine.)
book was really bad, hofstadter tryin to make an extra buck piggybacking off the success of GEB, dont waste your time
If it's "person to person", then why do the banks need to be involved? If they are involved, then it's more like "bank to bank", isn't it?

> It also represents the latest attempt by banks and other providers to shift Americans away from cash and checks.

The good news is that the police can't steal the cash on you anymore. The bad news is now all of your purchases will be tracked all the time.
With all the available options why would you want to use a service that requires you to figure out if the other person uses an iPhone?
API Management Powered by NGINX
Can someone explain the backlash on e-cigarettes to me? I feel like I'm in the midst of a tobacco lobby organized press campaign at times.

Here is how my thinking goes: 1) nicotine is essentially another caffeine and not a public health risk, 2) the cancer from smoking is from the literal act of burning things, which emits cancerous material and then by inhalation deposits it in your lungs and finally, 3) e-cigarettes don't emit the same cancerous materials since they only vaporize a nicotine-liquid, and are hence safe.

I feel like I can make the conclusion in 3) with just basic understanding of why cigarettes are bad (and e-cigarettes safe), yet it seems no one in the press is prepared to make the small logical leap. Am I overestimating my knowledge here?
Because of explosive growth nobody saw coming at the time. I doubt the same is going to happen with say - automobiles, or designer clothing. We can make a pretty good estimate of what demand will be over the next decade.
Yes its still jamming. Even though the devices are unlicensed, you are still not allowed to intentionally cause interference with other devices. You can think of it as the requirement to use the ISM bands is you have to be nice to other users of the band.

The requirement on receiving interference means that you don't get to gripe to the FCC about other users of the band that are otherwise being nice.
> you have people out there who are really honestly creating a lot of value, and then you have people like those guys who see a big pile of money and try to scheme up a way to skim a bunch off the top, making life harder for everyone who's actually contributing.

You just described every VC and LP in Silicon Valley. They're not working and creating value, they see a big pile of money and try to scheme up a way to skim a bunch off the top, making life harder for everyone who's actually contributing. It's no surprise that "entrepreneurs" get swept up in this thinking as well.
Some of us work in the renewable sector by choice :-)
Around about here in the talk: https://youtu.be/JIQETrFC_SQ?t=14m38s James Hamilton talks precisely what the definitions of AZs and regions are :)
Dissecting the New Anatomy Content in the Wolfram Language
Because access to the source and target accounts still needs to be coordinated, and the appropriate withdrawal/deposit handled. Although it is interesting to consider, we are not yet at the point where our devices hold "actual" money.
Content discovery with IBM Watson – AI finds interesting articles to read
Man I can't wait for ubiquitous natural language processing and symbolic logic. A recap:

> "...or running credit cards, still often require wired..."

A statement of exclusivity if one overlooks the weaselly use of the word "often".

> Why would running a credit card require wired internet?

A question of such exclusivity.

> Perhaps credit card point-of-sale devices don't have WiFi?

A defense of exclusive statement, evidence provided: no POS has wifi.

> Square operates entirely over WiFi...

A rebuttal to evidence.

> ...but that doesn't mean most devices do.

An attempt to ignore the original and subsequent defense of statement of exclusivity.
Wonder how well it detects people with BRF - https://www.youtube.com/watch?v=3v98CPXNiSk
If the guvernament doing this is local, we've got options to fight it. But the US government has made it clear that us foreigners don't count, that the US constitution doesn't apply to us, that the whole point of the NSA is to spy on us, and we can't vote in the US and we have no representatives to call there, etc. The US is also in the awkward position of being the steward of the Internet. So you know, you can thank the US government instead of pretending that the rest of the world is just as bad, as if that would make it OK. And if you are an US citizen be glad that your taxes are well spent.
> It's not very fair to say "I'll only believe that an esoteric motivation exists if the party motivated by it explicitly states that publicly."

Who said it has to be explicitly stated publicly? There are thousands of lawsuits every year and millions of pages of testimony. That's why you can point to Jeffrey Skilling or Bernie Ebbers or George Madoff and say "those guys are frauds." But you can't just point at bankers and CEOs as a class, and with no evidence, claim to know what they believe in their hearts.
"unlicensed" devices are still authorized by the FCC.

So your devil's advocate is unnecessary.
Eyefluence, eye interaction startup, closes 14M and goes un-stealth
> If I jammed public spectrum in order to profit, I'd be in prison.

Is this true? Can someone cite examples of this happening?
I find the statement "Those predictions are optimized so that, for any point in the data set, the model’s error multiplied by itself (squared) is minimized" misleading. What's being minimized is the sum of the squares of the errors.
Hi eecks, thanks for joining the conversation.
1. We've tested it thousands of times. One second of eye contact is enough. The bar scenario has several looks going back and forth - correct. But the girl in the supermarket that just payed gives you one last look. You won't bypass all the line, stop her and start chatting, you can flash her an umbrella and she'll remember it easily.

2. Most people won't walk over, I'll tell you why.
Embarrassment is "a very strong feeling a person has towards himself when he has to perform an action in a social situation, observed by others".
the 2 parameters that set the level of embarrassment are exposure time and number of viewers.
That's why people (not just men, women too) don't actually make the move. That's why we minimize the situation by ordering her\him a drink. That's a coping mechanism. It costs money and it's still more embarrassing than 1 second flash of diggidi.

3. Would you agree with me that Tinder is a success story for this "field"? well, you'll also agree with me that when they first started, no one knew about them. If I used tinder and the girl across from me didn't nothing would happen. I wouldn't yell to her "I'm using tinder, download it and we could talk". But when I flash someone a picture of an elephant, even though she never heard of it, I triggered something. That girl will (30%) walk over and ask me what it means or (70%) dismiss me, but ask her friends. diggidi spreads that way. No other dating app does. They're all stuck with Chicken and Egg.
Last bit of the title is "...Payment Service Like Venmo"

Seems to be the latest push by Apple to integrate Apple Pay into some sort of payments ecosystem by force.

Should be interesting to see if there is any compelling reason to use Apple's solution over Venmo which has a huge incumbency advantage at this point.
There are many corporations within Germany in particular that have no desire to host the data, and don't particularly care if the German government gets access to it, but they are legally obligated to keep it out of the hands of FOREIGN governments. I have several clients under just such restrictions.
Who said it would be iPhone-only?
I've been around for a while (since the late 90s) and see some promising signs that investors are getting more savvy about these things. The number of companies with real "meat" that get funded seems to be increasing relative to the number of vapid hustle-and-flip stunts. But I don't have scientific statistics for this (how would you even do that?) so it's just my impression.

On the other hand there's the unicorn phenomenon which I still do not fully understand. It's obviously some kind of game to artificially pump valuation, but I'm not sure why yet... especially since over-inflated valuations seem to almost guarantee a down round. Who benefits there?
I generally agree with you about risk, though the counter argument is that they are putting capital at risk. They are taking some portion of their compensation as equity that may or may not turn out to have any value. It might not be actual dollars coming out of a bank account but the risk is still there.

Incidentally, since this is HN, one might ask if startup employees are doing the same thing to which I would generally nod and agree with you.
That's not at all the argument I'm making, and probably isn't an argument made by anyone. Going from dirt-poor to richest-in-the-world is much harder than any other economic jump. My argument was simply that "the richest don't stay the richest" for very long. If you take $330bn and spend $1m a day (getting no interest on the principle) it would take 1,000 years to spend it all. You'd expect that the money would last the Rockefellers for centuries, but in fact it's pretty quickly been "returned" to the central money pot.
As long as the cellular networks are on top of their game, they shouldn't have a problem. Conference centers can be blanketed in microcells to ensure good coverage even when spaces are extremely crowded and utilization is high. My own (limited) experience is that cellular is more reliable that WiFi in such an environment. Your problem would more likely be accidental interference from other hotspots on the WiFi end.
While this is slightly off-topic, does anyone have any current opinions on Jekyll / Pelican / Middleman / etc?

In particular websites which are only part blog.
It always feels funny to me to refer to the ISM bands (the spectrum itself) as "unlicensed".

- Devices operating there have to be approved

- There are rules about how the devices work

- There are rules about how the _operator_ is allowed to operate the approved devices ("Operation is subject to the following conditions" sticker on most equipment).

(all of this under FCC part 15 rules)
"Service would be rival to PayPal’s Venmo platform"

It's interesting that this is the subtitle. That is not the first service I would have compared the idea to.
I'm not an expert, but there is some evidence that nicotine alone can lead to heart disease.
> huge incumbency

I've never heard of Venmo, nor have any of my tech friends.
I don't see what one has to do with the other. Professional athletes get caught cheating all the time, but I don't doubt they still love their sports.

One may as well doubt that Hitler actually liked being a vegetarian.
Everything Apple has ever done historically (with mobile) has been iOS-only, what possible reason would there be to suspect this would be any different?
Can Seattle Launch a Movement for a New Kind of Workers' Union?
the main thing that annoys me is that it is not possible to turn of the animation for desktop switching, window switching and so on. after three times those become annoying...
Staying at the cutting edge helps, I picked up an Angular job when it was brand new, and thus nearly impossible to hire an expert on. Also I try to find stuff that is similar to where I have worked. For example same technology stack, different industry. Or different technologies, same industry. This way my expertise can keep me relevant for the company, but the contract is still interesting enough to keep me highly motivated. This all sounds great in theory, the truly hard part is getting to know enough people so that there are enough jobs on the table that I have any choice.
It was formerly known as Microryza, but changed name about 2 years ago to better reflect the broader scope of their goal. My former roommate used to work for them, very cool project.
I'd love to read this article... If it weren't for the paywall.
Yes! I was just thinking: One hundred person-to-person payment services aren't enough... we need 101!

Seriously though, Apple has a terrible time creating online services (http://www.zdnet.com/article/apple-and-the-cloud-a-magnifice...) and there is no way another entry in the "Proprietary, heavily policed, middle-man-encumbered social payment tool" is going to go anywhere.
If you are looking for a start-up idea, dear HN reader, this is opportunity knocking at your door.
Sure ... but ... what about the fact that consumers fucking LOVE to use Uber & Lyft?

People also LOVE cheap clothes and electronics.

And yet, we all seem to generally agree that sweatshops and child labour are maybe not worth it just to get a novelty t-shirt or an iPhone at low low prices.

How popular will the politicians (e.g. state attorney generals) who push to destroy those businesses be with consumers/voters?

I don't think you understand.

These laws already exist.

If Uber loses, and odds are pretty damn good they will, they'll lose in the courts. This doesn't require an attorney general or a politician. All this requires is a willing lawyer to launch a class action, which has already happened, and a court system willing to enforce the law even if it's unpopular. Boy, I can't imagine when that last happened...

The only option, if they want to preserve their existing business model, is for Uber would then be to lobby the government to turn back the very labor laws that protect everyone from exploitation by their employers, while very fundamentally changing a key part of the tax code.

All to ensure folks can get a cheap car ride.

Good luck with that.

In reality, the solution will almost certainly be for Uber to allow drivers to set their own rates, which might clear them (maybe... see https://www.irs.gov/Businesses/Small-Businesses-&-Self-Emplo...). That'll almost certainly cause rate inflation and destroy one of Uber's key competitive advantages. It could also lead to uncontrolled surge pricing as drivers would naturally inflate their rates during rush periods.

Could they survive that? Maybe. Assuming the taxi regulations don't kill them, as we're seeing overseas.
The vapor from ecigs reminds me of the "liquid smoke" used in old model trains to simulate smoke coming from the stack. I'm concerned about the effects of breathing that stuff in all the time. It's not water vapor as far as I'm aware.
>I can tell you from stories of my grandfather of how dire his childhood and the one of everybody in the area was. They were ready to rally behind anyone who would take them out of starvation and suffering.

Not sure how much this holds as a reason compared to "cultural affiliation" etc. As far as European countries go, Austria was one of the most affluent at the time -- and afterwards too. Vienna in particular was legendary. What to say about people in places such as Southern Spain and Italy, Greece, Eastern Europe, etc, that were several times as dire?
You probably don't live in the bay area.
Common Blogging Mistakes Bloggers Should Always Avoid [Infographic]
No, you'd still tax distributions to investors. Basically, once money touches a personal bank account, it becomes taxable. The difference is that corporations would have much less incentive to hide their earnings.
It would be an extension or cousin of the BBC "World At War" series from the mid 70s, episode 16 which covered life in germany or 18 which covered occupied territory life. I guess better added as an appendix to ep 18.

WaW is a truly excellent documentary, however be prepared that it not a new wave American style documentary ... there will be no historical re-enactments, no computer graphics, no nostalgic soundtrack, no camera panning across photographs ... I wish we had more "real" documentaries like WaW, its almost a completely separate genre from the modern american style.
I've always thought this was a really cool idea, but every time I've tried I've encountered a really disgusting side of the web I pretend doesn't exist.

The real question is, how do you prevent flash-masturbators/nudists etc from infecting your random video chat community?

Sure you could have a flag feature that auto-bans or temp-bans until moderation. Maybe some sort of video algorithm that detects a certain percentage of "skin" on the screen?

I think one of the most obvious suggestions is to require an account for reach user, confirm email etc. That at least will weed out a lot of it.
> Should be interesting to see if there is any compelling reason to use Apple's solution over Venmo which has a huge incumbency advantage at this point.

insert chuckle here

Perhaps because Apple has incredible resources compared to Venmo, no one over 30 uses Venmo, and because Apple can easily integrate with the ACH system to enable these transfers.

If Apple were so inclined, they go so far as to have a banking subsidiary that was a stakeholder in the ACH system, thereby allowing them to shape the protocol currently being worked on to allow real time ACH transfers.
Additionally, they mention that you can still negotiate paying an out right fee to license the engine if you'd like to do that rather than pay royalties (though I suspect it's mostly AAA studios that are interested in this)
And given the number of Android devices in the wild far, far surpasses the number of iOS devices... using this service seems like more of a hassle than not.
I thought of that possibility, and discounted it while posting, because I thought the bank would make more ROI, and have more loanable reserves under that assertion, if it straight commercially leased the space instead of putting a branch on it. Or land banking the land instead of putting a relatively specific-purpose improvement on the land. Branch buildings in the US commonly have drive-thrus, which are not easily re-purposed for other kinds of businesses, thus subtracting some profitability on the back end of the land banking for demolition or modifications. I'm not in the business or anywhere close to that kind of business though, so I'm hoping someone familiar with what goes into these branch building decisions pipes up here.
> We are a Gold VIP on Aliexpress ($4,000 in sales every 90 days to maintain this level; we do about $1.5-2K/month average on there.)

Even $2k/month does not reach $4K per 90 days.

EDIT: Oops, sorry. I apologize for this silly error. I know it sounds bizarre, but I was converting 90 minutes to 1.5 hours a minute ago, and for some reason converted "90 days" to "1.5 months". :-)

Or maybe I can blame it on an errant gamma ray that tweaked a bit in one of my cores.... :D
I don’t think the key is inspiring them, it’s understanding them. Empathy. Why are they a team of ‘meh’ programmers. Is there no upward mobility? Does no one care how they perform? Are they just clocking time? Words are so hollow. Understand which people on the team have potential and why that potential isn’t being filled. What do they want? How can you help them achieve what they want and in the process have them help you achieve what you want, a well functioning team.

The leadership myth is some great profit on stage rousing people with inspiration. That doesn’t last and is often counter productive. Leading people is primarily at the individual level. Junior Officers and NCOs lead people into combat, not Generals. Understand your team, empathize with them, and then figure out how to move everyone in a direction you all want to go.
Perhaps Apple Music (launched on Android today) is a sign of changing times?
Not mobile but iTunes made it to Windows and now Apple Music is available on Android. It wouldn't be a first.