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@errant-heron
contact information for when the site eventually gets shut down (there are evil omens) in case people still want to chat or whatever
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we must not believe in 'the metal' any longer. there is no such thing as a '5nm transistor'. there are no underlying electronics, no native instruction set, just layer after layer of ever-finer microarchitectures tapering off, at their limit, into the Platonic realm. we have never truly seen an implementation of an abstract machine in actuality.
oh my god tall buildings holy shit I've missed you so much. They haven't invented the skyscraper in Prague yet.
ohhhh yeah that's the shit
hot weather is unpleasant and it attacks and degrades the behaviors that keep you functioning optimally. however, there is something to be said for stepping out into the street and seeing that there are few people around because the world is filled with a substance that hates all of you for existing. it is interesting to take part in a collective act of suffering, and i am glad that we get to do this once per year. it would be great if the temperature could drop by ca. 20°C now, though

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oh an interesting scenario might be if you have $100 and can place repeated bets on the flip of a biased coin, but you don't know how it's biased; what strategy would you adopt to maximise your winnings?
Assume a uniform distribution over possible biases, from "always heads" to "always tails". Place a single one-cent bet; update the distribution. You now have an estimate of the bias which is skewed in one direction or the other. Place the Kelly-criterion bet on that outcome, update the distribution again, rinse and repeat. Whenever the distribution is symmetric around "fair", make the bets one cent.
...of course, at some point you should also be updating your probability that the coin is in fact biased at all.
what's the simplest description of how to update the distribution 🤓
the posterior predictive distribution for the next coin toss is a beta distribution parameterized by the number of heads and tails n_H, n_T. if there are like ten flips, one is probably not risk-neutral for $102 400, so use logarithmic utility. the total log return is just the sum of log returns over individual tosses, so the decisions on each toss decouple and are parameterized by the sufficient statistics n_H, n_T. if n_H > n_T, bet a fraction (n_H - n_T) / (n_H + n_T + 2) of your total balance on heads. if n_H = n_T but it is forbidden to flip without betting, place the smallest bet; it doesn't matter which way.
Minute 5 of explaining how to fix the north: Here's Fairershare's whitepaper on how property tax reform could re-balance house prices
Minute 10 of explaining how to fix the north: Overlaying maps of the Stuttgart integrated transit network over West Yorkshire
Minute 30 of explaining how to fix the north:
The train has departed from Shanghai (上海).The text in the image reads:It is absolutely necessary for the educated youth to go to the country
Minute 40 of explaining how to fix the north: RETVRN to tradition (Reisekönigtum)
this would have been a post about how over the last four years, the UK government has increased the pay of PhD students such that it has gone from being moderately underpaid to perfectly reasonable, and how this changes what it means to do a PhD because you no longer select for people willing to pay quite a high opportunity cost. then i checked numbers. the year before i started, students were paid just below minimum wage. five years later, after 20% inflation and a cumulative 40% pay rise, we* now make… just below minimum wage. so it's much of a muchness. anyway, there are other benefits
UK minimum wage has gone up a lot though, UK actually has a more compressed wage distribution than USSR under Stalin
that's in some sense amusing; i'd be interested to see the figures you're referring to for the USSR
I misremembered, it's actually the USSR in the 80s
thank you!
this would have been a post about how over the last four years, the UK government has increased the pay of PhD students such that it has gone from being moderately underpaid to perfectly reasonable, and how this changes what it means to do a PhD because you no longer select for people willing to pay quite a high opportunity cost. then i checked numbers. the year before i started, students were paid just below minimum wage. five years later, after 20% inflation and a cumulative 40% pay rise, we* now make… just below minimum wage. so it's much of a muchness. anyway, there are other benefits
UK minimum wage has gone up a lot though, UK actually has a more compressed wage distribution than USSR under Stalin
that's in some sense amusing; i'd be interested to see the figures you're referring to for the USSR
this would have been a post about how over the last four years, the UK government has increased the pay of PhD students such that it has gone from being moderately underpaid to perfectly reasonable, and how this changes what it means to do a PhD because you no longer select for people willing to pay quite a high opportunity cost. then i checked numbers. the year before i started, students were paid just below minimum wage. five years later, after 20% inflation and a cumulative 40% pay rise, we* now make… just below minimum wage. so it's much of a muchness. anyway, there are other benefits

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the obvious argument against comparison with others as a source of value is that it definitionally can't work for most people. like if only magnus carlson can be satisfied, that's a bad value system. but the stronger argument imo is that magnus shouldn't feel satisfied either. you could always be better. you should be better!
via
oh I want this so bad
the arXiv is recruiting a CEO as they are becoming an independent organization. they want someone with 'leadership experience in an academic or nonprofit institution… such as online publishing'; 'experience with organizations reliant on volunteers'; 'a proven track record of leading… high-performing teams who are experts in their fields'; and 'a demonstrated commitment to and experience advocating for open science'.
the answer is obvious. no one is more qualified. we should nominate Anna to be the CEO of the arXiv.
theyre taking me out back behind the shed presumably to give me a medal for my valor and heroism
trade that doesn't work in today's Money Stuff. sad! but idk that it's worth emailing the author so i'm just going to vaguepost about it

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little known, but worth knowing if you often travel by train through London, is that the Deutsche Bahn mobile application often correctly lists the platform from which your train will depart several tens of minutes before the information is widely available at the station. this is often a source of considerable advantage in boarding.
my job on the leftist commune will be maintaining high-frequency trading infrastructure to provide liquidity to capital markets