skysight-inc/HackerNews huggingface dataset:
I've never seen profit sharing work as a motivator; in most companies it's too decoupled from individual performance. You can work yourself to the bone and still receive a pittance if the company is doing poorly for reasons beyond your control as an employee.

Where 'profit sharing' works, it tends to be called something else: a commission, for example. Works pretty well with sales staff. Equity is also a good motivator if there's a reasonable chance it will be worth something. What's important is being able to connect individual effort with reward. Otherwise, it's not much better than a lottery.
Repeat after me:

The economy is not a zero-sum game.
The economy is not a zero-sum game.
The economy is not a zero-sum game.

There does not need to be a loser for every winner.

We can all be happy and affluent.
Ambition isn't walking into a company and expecting to be well-paid with a lax dress code and ample time off.

What I've noticed about "my generation" is approximately the following:

The best have a strong desire to work-- to be productive, to keep improving their skills, and to develop their careers at a rapid rate. They're willing to do grunt work, but only if they learn from it (and hopefully, can automate it so that they don't have to do it in the future). They have no loyalty to institutions and very little to individuals aside from close friends; their loyalty is to their projects and education.

The worst of our generation are lazy and yet have the same prima donna attitude. They're annoying. On the other hand, their most damaging trait is their laziness rather than arrogance, and our generation doesn't seem to have fewer or more lazy people than any other. So this isn't really a flaw that is particular to any specific generation.

People like the WSJ are angry about the former set of people: talented people who value growth and productivity over playing nice and paying dues. In essence, they're angry that they can't find the hot girl who thinks she's ugly.
I think the case against capital gains is less about the entrepreneur and more about the investors. If the capital gains tax is raised so high that investors can get a better after tax return by putting their money into lower risk investments, then they're not going to want to bother funding new businesses. This may not be an issue if you're making a web app and your only capital outlay is living expenses and hosting fees, but this could seriously hurt innovation in fields where money is required up front to even get started (hardware, pharmaceuticals, etc.)
What are you talking about when you say double taxation?

$6,750,000: money

Interest paid on the remaining $5MM: other money

I'm seeing two sums of money and two taxes, a 1:1 ratio. Where's the double taxation?
this "controversy" is probably worth more to Yamli than whatever damage they got from Google's actions.

Well provided they have some decent management who can milk this thing and won't just settle for small potatoes(blogs etc)
Calculus by Gilbert Strang
See, I just put down "Unemployed" for that situation. ;-)
The American poor/peasants (75+%) have crappy health coverage, no economic security, overpriced and ugly houses built from makeshift materials, food loaded with hydrogenated oil and high fructose corn syrup, a suburbanized lifestyle that fosters alienation while destroying the environment, and menial, servile jobs with low autonomy, inflexible work schedules, and a meager two weeks' vacation allowance... but a Fucking Shitload of consumer trinkets.
The original motto was "Don't Be Evil," not "Do No Evil." I think that Buchheit is taking it a step further in his new startup: http://ourdoings.com/ourdoings-startup/2008-10-24
So that got me thinking... an interesting question to ask would be: how do you implement "ship early, ship often" for the software running a car. That mantra has been one of the key facets of open source culture. We ship beta versions, for the hackers who care, and the hardcore folks can just svn checkout the trunk. Bugs get caught early, blah blah blah.

Obviously, it'd be a hard pill to swallow-- just dropping beta software into your shiny new BMW.

So if two BMWs from different product generations could share mostly the same API, standardized protocols, etc., well then we could test stuff with the old E46 before dropping it into the new E92...
Morally wrong? Like how? Please look up "utilitarianism" and do some reading on ethics, social contracts, etc.

A statement like the one you made really needs further reasoning to back it up. You might even be correct - but just claiming something to be true doesn't make it so.
Happiness, however, apparently is a zero-sum game:

http://www.medicalnewstoday.com/articles/29109.php

(Actually, the research in question had caveats: absolute income correlated with happiness until one's basic physical & health needs were satisfied. After that point, it didn't matter: instead, what mattered was how well you were doing relative to your peer group. So for there to be winners, there had to be losers as well.)
I'd be up for that for sure.
I'm surprised that "performance graphs" gets any votes, at all. Even Rails (and Django and Catalyst and Cake) is "fast enough" for the vast majority of web applications, and if you can't build something as fast or faster in Java, you need to be going back to school rather than thinking about inflicting your code on the world.

Since we know nothing about your framework, I voted "who cares?" (because I just can't take time to care about every new "framework" that comes along, even in languages I like), but if there were a, "Huh? A Java framework in 2008? How does that even happen? I didn't even know people still built websites with Java." option, I probably would have voted that way instead.
"Ours is the first generation with the technology to enable it."

The last century was full of promises of "the n hour work week", with n much less than 40.
From the WSJ article Matt is rebutting: http://online.wsj.com/article/SB122455219391652725.html?mod=...

"They want to be CEO tomorrow,"

"I deserve favors from others"

"I know that I have more natural talents than most."

expect ready access to senior executives, even the CEO, to share their brilliant ideas.
You Are Not the Marginal Case
Some Knots can be Useful (twine)
7. sleep

8. goto 1
Whitewater Rafting Safety Tips
Whitewater rafting is probably one of the most thrilling experiences you can ever have in your entire life. It can also have potential dangers. You see even though the utmost precaution is made before you go on one of these thrill-seeker joy-rides, there is always the risk that something can go wrong. There is always someone that thinks they know more than a trained professional or nature itself takes a horrendous course that leads to a potential accident.
Social security is not going to collapse unless the rest of the US goes first. It's no more an "obvious truth" than "global temperatures are going to rise 10 degrees by 2100." Yes, it could happen, but only if we do nothing policy-wise to fix it, which is unlikely.

Medicare is another story. Look at the this graph to get an idea of the difference:

http://www.prospect.org/csnc/blogs/ezraklein_archive?month=0...

(Liberal blog, but the data speaks for itself.)
Boomers are actually 1946 and up - the birth rate didn't start booming till after the war.
Ask PG: Does clicking on this bullshit actually improve the parent's rank, to any minuscule degree? If so, I have to be much more cautious.
A keyboard would help.
When you get together for an issue (talk about hacker news, startups, etc) people have some motive for showing up. Your real friends are the ones that don't need a reason to hang out with you. :)
In finance, the primary capital base of a firm is its reputation and network of dealmakers. When you're just starting out, you have nothing here, which is why newbie I-bankers work 16 hour days and only get paid in the high 5-figures. But once you've been at it for a couple years, you've built up a network, and those clients are yours, which is why experienced I-bankers rake in the dough and have nice working conditions.

I'm sorry, but I've worked on Wall Street, and you couldn't be more wrong.

I-banking analyst positions are for mediocrities full of empty ambition. Workhorses who'll suck up the shittiest tasks and say, "Give me more." Anyone smart who is interested in finance tries to find a hedge fund that'll take him as a quant or trader... or to get an MBA first, Analysts do not usually have these sorts of options; they endure the miserable lifestyle because they, by and large, are not especially talented or qualified people, and they simply wouldn't otherwise be eligible for the exit opportunities (top MBA, private equity) made available by this path.

Third- and fourth-year bankers do not have their a personal client base... not even close. Additionally, it's logistically difficult to "steal" clients; investment banking is an oligarchy and I think it's extremely difficult to start an independent investment bank. It would also be extremely unlikely that a client would switch loyalties based on the movement of a peon VP. Finally, investment bankers don't have decent working conditions until they attain Managing Director level, and that takes about 10-15 years. Your odds of success as a serial entrepreneur over 15 years would be much higher than the odds of making MD before washing out.

The primary capital base of a banking firm is partly its reputation, but largely the money itself, since even the vanilla operations of banking are costly and risky.
You forgot retired. I guess I'll have to use unemployed and working at a startup as a founder (they're both somewhat true).
Wow -- downvoted to troll status? Maybe I should clarify my argument. The parent PROMISED us that our money would turn to dust. I think it's safe to say that generally taxes get turned into 'good' things, even if some misappropriation does occur. I think to say that any extra taxed money goes to waste is a little extreme.
Maybe calling it a "social utility" and not a "social network" is a stretch since people use it as a social network?

Clearly, your customers almost always define your product for you no matter how hard you try to paint it as something else.
Coffeeshop it is... any suggestions?
Find the exact address of any point on earth with Google Maps
His economic "theories" are half baked at best. Seriously, the amount of unintended consequences of his proposals are absurd.

This must be the 4th article from him on Hacker News on economics, none made sense. STOP UPMODDING THEM. This is Hacker News not Things That Random Hackers Might Have Said That May Or May Not Be In Any Way Intelligent.
socialism is ideally utilitarian. in reality the only people who benefit are those who hold the regulatory power to grant or withhold public funding. all you wind up doing is concentrating power in the hands of those who get to decide what is "the greatest good".
Eastside coffee option:

http://www.kahilicoffee.com/default.htm on the main drag in Kirkland, decent size and not jam packed like the Rose Hill (85th & 122nd) Starbucks. Decent supply of syrups, and I believe the coffee is good, as well (I'm a hot chocolate person, which they do well)

There are several decent options up in Bothell by the UW Eastside campus, as well, but that's pretty far north.
yes. name something good that comes from federal taxes.
all of the things that I associate with good government (schools, firefighting, disaster preparedness, zoning, etc.) are all handled by state and local governments.
the vast majority of federal taxes go towards socialist pyramid schemes or a wasteful military that got so bored it had to attack iraq.
Working at a startup, but I prefer to brag that I am unemployed+living in my parents basement.
Marijuana may not be legal yet (in most states) but a lot has changed.

On Whole Foods and the return to the cities, that's a reaction against mistakes made by prior generations. Processed food and suburbia are falling out of favor not because the Boomers fought against them in the '60s, but because all generations are recognizing them as harmful and moving away from them.

What happened with the Boomers and drugs in the '60s is a blip on the radar. That generation is now the greatest obstacle in repealing the War on Drugs, which draws its support from moralistic, reactionary Boomers. Xers, as a general rule, are too pragmatic to dump hundreds of billions of dollars into ineffectual and damaging moral pissing contents.

In fact, the naively utopian druggies of the 1960s fucked up a lot of opportunities for discovery. Humanity's knowledge of powerful and potentially very helpful (but also dangerous when misused) chemicals like LSD and psilocybin is decades behind where it should be, since the illegality of these substances also entailed a research ban. LSD/psilocybin research was considered completely respectable in the 1950s and '60s-- LSD's inventor was a respected chemist who used it experimentally but rarely, and lived to be 102. This was before a small set of clowns, driven by half-baked knowledge and clouded judgment, started publically recommending these drugs to everyone. That sort of idiocy, of course, hasn't gone away; these days, we have moronic 17-year-olds posting salvia videos on Youtube... although that is definitely not a drug to take likely.
Well I don't think the search algorithm is the simple part of Google.

One example of a simple solution PG used was Viaweb. Viaweb's source code is analogous to Google's search algorithm in that case. I think in the context of that article the user-facing part of Viaweb (and Google) is the simple part.

"Software, to them, equalled big, honking Windows apps. Since Viaweb was the first web-based app they'd seen, it seemed to be nothing more than a website."
[From Six Principles For Making New Things by pg]
I don't try to play individual stocks, I have two index funds.
Dollar cost averaging is your friend
federal government does not provide schools. propoerty taxes (state) provides schools.
federal government does not provide infrastructure. gas tax provides roads, state funds and tolls go towards bridges and the like.

as for a social safety net? i'd be fine with it if it wasn't so obviously rotten. it needs to be gutted before any good can come of it.

look at yourtaxes sometime and see what percentage goes towards state vs. federal. ponder how state government can accomplish so much more with so much less.
fixing the roads comes from gas tax. infrastructure in general comes from state sales tax.
it's not safe to say at all. it's one of the most dangerous misunderstandings of our time.
She does, but she doesn't get paid for it. It's very hard to make a living as a professional writer.
I think the very existence of organized governments with stable economies along with generally healthy and happy populations means not all taxes are going to 'dust'.
Yeah - Apple at a PE of 7 (when you net out the cash) is an amazing buy - assuming the economy doesn't collapse completely.
You should learn American. Dynamic typing makes it much easier to use.
when there's crisis, some people can use it for manipulation

For example:

Yesterday, NCC bank got acquired stock-for-stock 0.0392 ratio (2.23 / 56.89) by PNC bank.

NCC did not get TARP money. PNC got money from treasury in return for preferred stocks

NCC largest shareholder (Corsair) gets 4+ bln in 'non-stock dividend' + 3 bln shares valued at $2.35 (Corsair invested 7 bln dollar during the last 6 months)

NCC executives get 300+ mill usd in compensation and 'golden parachute' (they will be in PNC+NCC board)

the employees of NCC (non executives) got laid off (4000 already) and will be more

The shareholders got shafted, thursday close was $2.77, the deal is priced at $2.23

There's a class action lawsuit in progress against NCC -- NCC CEO said NCC is "well capitalized" and various misleading things that can be considered fraud

In effect, FDIC infused TARP money to PNC to buy NCC, in return for the stakes (they say every bank qualifies -- that's not right)

See, in crisis some people get more power to screw everyone ... so don't worry about credit card crisis not happening -- it will ... some people want it to happen
If you'll think about it, there is actually a huge difference.

The comment I replied to was talking about how as (mostly) programmers, we have a skewed perspective on the job market. Most people in our age range don't get the kinds of job offers we do, and are badly underemployed.

She took a job she was overqualified for anyway, because there was nothing else available, and hates it. He decided to mooch off his parents because he was entitled to a management job (he makes a small amount of money, but spends it all on entertainment).

Being underemployed, and realizing it, is not a sense of entitlement. Asking for handouts because you can't get the job you want (when others are available) is.
Ask HN: Are there any upcoming startup related events in Boston?
I was wondering if there are any interesting events around ycombinator or other startup related events around Boston this next two weeks? A few of us European hackers are visiting Boston and trying to make the best use of our time.
Unless you're working on someone else's game. Yes, it still gets boring.
Inner Life of the Cell (with commentary)[video]
A short version with music: http://www.youtube.com/watch?v=5ukPD4G5eSw
According to their FAQ, it costs money.
Unemployed, Freelance, Hacking, and on a break from being a Student.

Don't do much work freelancing, just enough to pay for my essentials, and mainly spend my time hacking and working on my own small projects. My plans are to finish school next year, but that could change — we will see what the next year throws at me. :)
Zoka in the U District is nice and big, has free wifi and it's pretty easy to park around there, there's free parking on the neighborhood streets. Plus it's where Wil Shipley goes (went?) to write Delicious Library :)

http://www.zokacoffee.com/index.php/page/Display/locations
Cannot resist posting this. One of the funniest videos available to man,

http://www.youtube.com/watch?v=OkwVz_jK3gA
Incidentally, Gilbert Strang is an engaging lecturer and quite a nice guy, though he has an unhealthy love of linear algebra.
During the earnings conference call, one of the analysts, discussing the cash mountain, said that Apple could hire every engineer in Silicon Valley. Steve Jobs said that that was an interesting idea...
Ergonomic Laptop Stand Made From a Coat Hanger
so....without taxes it would be impossible to have a stable economy or happy populations? I don't follow.
The best professionals I know don't wear suits.
Martial Arts Equipment  
This site is to find general information about the martial arts, fighting styles, and martial art schools and teachers.There are many different fighting styles.
It's called experimental mathematics. It's gathering data about known structures to make conjectures about all structures satisfying certain properties.

Not to mention that, even outside of experimental math, there are plenty of pain-in-the-ass calculations that computer algebra systems make so much easier.
no one forces these people to waste their income on shiny baubles. many MANY people could get by working less if they cut their consumption.

you act as if health coverage, economic security, underpriced nice houses, a healthy diet, complete social adjustment, and happy fulfilling jobs with lots of vacation are an inherent right.

Yeah, i wish we lived in a world of unlimited resources too. But we don't.

I read this as you being so out of touch with reality that you don't think that middle class or hell even lower class suburban living is a life of ease compared to the world average. when you compare it to history it's even better. You have so few worries that you're able to worry about the future (security, health, diet). That in itself is a luxury.
Anyone can claim hyperdirectional movement...you just need to convince them it moves in directions they can't see.
I use Google or Skweezer to "mobilize" any website :)

http://www.google.com/gwt/n?u=news.ycombinator.com

http://skweezer.com/s.aspx?q=news.ycombinator.com
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While it's possible to have a very cool and challenging PHP project, most of the work you get paid for is glorified HTML forms. What I do to fight the boredom is build my own framework. Over 2-3 projects I've gotten to something that is close to Rails in functionality (tailored to my taste, of course).
Sounds perfect- hard to beat free parking and free wifi.
Well its pretty simple really. How hard would it be for them to redesign their navigation systems to include a usb port? Then the user would go to apps.bmw.com download your app and bam.

The reason I'm thinking of them using the navigation system is because you'll need a bigger screen to make the whole app thing work.

As far as compatibility between generations I wouldn't worry too much about that. Most likely on top of an API they'd release an emulator.
Social Networking Sites Are Now More Popular Than Porn
Woe to Web 2.0 Start-Ups: Too Few Ads to Go Around
Control4 Home Automation
Control4 presents a whole new approach to home automation. Control4's home automation solutions and products make your life more comfortable, convenient, safe and secure. Control your lighting, temperature and thermostat, blinds and shades, whole home music, and entertainment center with one universal remote.
"performance graphs"

I haven't personally tested RoR but from a quick recall of some tests I've seen for RoR on the Web, I think our performs several times faster, and there is always room for optimization.

The point isn't if you can or not build something faster than XYZ but rather showcase that you did.
I would not be so sure. The weak spot is that the internet runs on expensive pipes owned by governments and large companies.

The NY Atty General, under the guise of "saving the children", has effectively killed UseNet by suing ISPs who offer it. What good is a phone call when you can't... speak?
The myth of RGB: To represent all colors you'd need negative red
I think you are too coward to even expose your identity and falsely blaming this as a random prejudice when you are incompetent of understanding what is written.

> this should not have been raised here in the first place.
I am not a coward and I expressed what I strongly feel about and have seen first hand. I am not taking it back nor am I continuing this wasteful discussion trying to get some sense into people like you and below commenter (I guess its the same person). Existence of you folks is what forces the brain drain.

There is no point debating with you. Closed.
exactly

instead of "entitlement" they should said "acting like a 23 year old"

;-)
Stephen Hawking to retire as Lucasian Professor of Mathematics
When I see someone with 700 Facebook friends or more, my first thought is that they're most probably friend collectors. They either add every profile they come across, or they accept every invite they get (usually from other friend collector). For these people, the Facebook experience probably sucks because there is very little personality to it. And, obviously, he shouldn't have expected people to show up to meet someone they don't even know and have nothing in common with.
Very surprising to know that kids of your age read HN too. If you are really 6 I am bowled.

Saw this in your profile - experienced entrepreneur. :) amusing. Did you start something in your backyard for the toddlers when you were 2 or 3 ?
I thought I'd just throw in my year -- 1986!!!