Beta

Slashdot: News for Nerds

×

Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

Comments

top

States That Raised Minimum Wage See No Slow-Down In Job Growth

gordo3000 Re: Local testing works? (774 comments)

Really? Florida and Texas have quite low minimum wages across the US and very large illegal populations. Is there any evidence for this?

3 days ago
top

States That Raised Minimum Wage See No Slow-Down In Job Growth

gordo3000 Re: Local testing works? (774 comments)

Anyone who has studied the labor market knows there are tons of studies showing that minimum wage increases in the amounts being considered are basically irrelevant to job growth or economic growth.

But a non-rigorous thought experiment is this : go look up how many jobs are minimum wage and then go look up the total wages earned at that level. The first is small, the second is miniscule relative to total income in the US. Slightly altering the second will not markedly modify overall income distributions (ie how much less will a rich person earn in real terms vs total earnings). Now go look at work hours reported at higher income groups after taxes went up a small amount. You'll find a change ~0. If that had no effect, there is no reason a much smaller change will someone have a larger effect.

Now you can at least say you have thought a bit about the issue as compared to offloading the thinking to your favorite talking head.

There are also rigorous studies done by many academics that agree the effect if existant, is tiny. If I was still in college with lexis Nexis I'd just post those.

3 days ago
top

States That Raised Minimum Wage See No Slow-Down In Job Growth

gordo3000 Re: Local testing works? (774 comments)

Can you define a living wage? we would all do good to know what hurdle we are trying to surmount.

For example, given tax policy, a single adult on minimum wage at 40 hours a week earns about 1200 a month. Assuming medical for 100 a month(8% is a trigger under the ACA I think but I don't live in the US right now), is 1100 survivable with a small pot saved for emergencies?

The answer if it is just a single person is yes. My last year in college house sharing I paid 300 in rent, running costs of 300 in food, 100 in utilities, and 40 for a phone. That is well within those bounds. Its not a great life, but I had enough to go for a beer or a movie from time to time.

But this was suburban NC, not NYC. Should the federal minimum wage guarantee my ability to live in any city in the US? Then it needs to be 20 bucks an hour (Manhattan).

We need to decide if this is actually a federal minimum that caters to the 20th percentile or a number that must function for every American.

But this study is not adding anything new. It is long been studied and proven raises in the minimum wage are basically irrelevant to job growth or economic growth. I'm just asking if the number should support a single adult, a family of 4, and in what way.

3 days ago
top

US Senator Blasts Microsoft's H-1B Push As It Lays 18,000 Off Workers

gordo3000 Re:Free market economy (528 comments)

absolutely untrue. his only signature achievement to go to the supreme court was upheld, and he had 2 years of an foolproof majority in congress. His policies not working is a complete measure of how poorly he constructed (or more realistically, allowed congress to construct with no input or leadership) them, not an inability to get them passed. The last president to pass this much legislation, especially major, economy impacting legislation, was FDR. His policies have had far reaching consequences in many areas, but he continues to complain that the lack of results is the "other side's fault". It's pitiful.

and just to be precise, I voted for him the first time around. His first 4 years were such a travesty I sat out the second one.

5 days ago
top

US Senator Blasts Microsoft's H-1B Push As It Lays 18,000 Off Workers

gordo3000 Re:Did he just notice that? (528 comments)

I'd bet you dollars to dimes if it wasn't so much cheaper to the employee and employer to have employer provided health insurance, it wouldn't happen. For me, the cost of employer provided health insurance is about 60-70% cheaper than getting it privately (at least when I was working for a large employer). Why? My marginal tax rate was right around 50% and they got insurance at a better rate than I could secure. So while it may have been a cost of about 8k to my employer, it was worth a solid 25k in pretax income to me.

Guess what, an f'ed up tax regime creates weird incentives. I'm not even getting into their incentives of giving you health insurance vs income (less severe, but still another added savings).

5 days ago
top

The Lovelace Test Is Better Than the Turing Test At Detecting AI

gordo3000 Re:Already happened? (285 comments)

don't try to argue with a humanities major. all they have is the belief they can pull rank in some theoretical world. Leave them that, it's all they will ever have while scientists are actually out there contributing to the body of human knowledge.

about two weeks ago
top

The Lovelace Test Is Better Than the Turing Test At Detecting AI

gordo3000 Re:Turing test not passed. (285 comments)

where are the mod points when you need them....

I never cared much about the Turing test, but this explanation makes me want to go read his original papers on it.

about two weeks ago
top

The Billionaire Mathematician

gordo3000 he's an amazing guy (96 comments)

but trying to play the slow kid isn't exactly working. He finished a PhD at 23! that, if nothing else, tells you just how fast he is. He may not be able to do long division in his head quicker than some, but in his areas of competence, he is an intellectual giant who ALSO happens to work harder than you.

about two weeks ago
top

A Seriously High Speed Video Camera (Video)

gordo3000 Re: Only 5000 bucks? (62 comments)

Golf swing analysis. Good players would love this to check ball impact angles if the resolution was high enough.

about a month ago
top

A Seriously High Speed Video Camera (Video)

gordo3000 Re: Not exactly needed (62 comments)

I can't believe the first comment realizing sports applications are awesome was bowling!! What about baseball and golf? Those are much higher speed motions where people already pay obscene amounts for high frame rate video to fix swing mechanics.

about a month ago
top

Theater Chain Bans Google Glass

gordo3000 Re: Battery Life (376 comments)

Spoken like someone who either has never had a kid (might go into labor spanned 9 weeks for us, you'd know this if you were educated about it), is a ridiculous tight ass, or maybe has a wife who is a ridiculous bitch and is too whipped to realize how much his life sucks.

about a month and a half ago
top

Theater Chain Bans Google Glass

gordo3000 Re:Battery Life (376 comments)

for pretty good reason. unlike a cell phone there isn't a brightly backlit screen but I can still get texts/updates/emails that may signal I should quietly excuse myself from the theater to take care of some personal business. It's even less invasive than a pager.

There are huge ways this can (and probably will at some point) be used to make technology less invasive to those around you and your life. I'd love to not interrupt a conversation to check if my wife just went into labor or needs me home ASAP while out having a beer with a friend. Or my friends who are doctors can get a low profile pop up that they are needed at the hospital rather than having to have their phone out.

about a month and a half ago
top

Getting the Most Out of the Space Station (Before It's Too Late)

gordo3000 Re:Mistake to go in with the Ruskies (155 comments)

we got involved in the ISS ages ago. First plans were in the 80s and Russia got involved in 1993 (first piece went up in 1998). And frankly, we are only not seriously talking about decommissioning the ISS because it ran so far over schedule. It should have been at end life before the shuttles.

about a month and a half ago
top

Apple Announces New Programming Language Called Swift

gordo3000 Re:Whoa 1.3x (636 comments)

just wondering, what in the world could you possibly be doing that was originally designed at 1/100,000th of optimal and relevant?

I mean, I've done this before. I had to generate all the legit ticker symbols for derivatives on futures, and just to understand the rules I wrote code for that. Now, I could have built a config file from that code that would have sped up the "generation" portion by 10,000x I'm sure. But the thing is, all it cost me was about 3 seconds on initialization of a process that required about 10 minutes to run. So for me, I didn't care as optimization in the guts of the calculations I was doing were far more important (i.e. at one point I was able to take the run time down from 20 minutes to 15 minutes earn on in dev, which was only a 50% speed increase on the relevant section, but far more important than a 10000x speed up on the ticker generation).

about a month and a half ago
top

Why You Shouldn't Use Spreadsheets For Important Work

gordo3000 Re:A Formula only an Actuary could Love (422 comments)

any half decent coder would have broken it up into 20 different cells, probably something like DA-->DT with meaningful column names and a comment in each one and then combine it together way over on the left for whatever you want to see........

But you can do the exact same thing in python and I see it all the time, where people get lazy (oh wait, there is some minuscule savings of milliseconds, so it's worth it....) and put into one line what would be a lot more nicely done across several.

Luckily excel makes it nice and easy to segment the nested code as it highlights which parens tie out to other parens. So I can fix the crappy nesting that my juniors would write for me and then tell them if they want to keep their job they won't make me waste time making their tools readable and maintainable.

about 2 months ago
top

Why You Shouldn't Use Spreadsheets For Important Work

gordo3000 Re:Piketty's work will be done for him (422 comments)

best example is middle eastern money actually. I have a good friend from college who for years I never had any idea of the wealth and power of his family, and then I find out they were deep into oil money but you couldn't trace it at all. There was no listing of the potential wealth this family had, in fact the people weren't even mentioned. And you are talking about families (and because this money is new, the patriarch is still alive) that control billions and no one even lists on a world billionaire list.

Forbes lists the richest people whose wealth can be measured because primary asset ownership is known. This is easiest if you hold a large portion of a publicly traded company, and hence, they are all scions of people who build such companies. I would be amazed if the head of the Sauds is worth anything less than the combination of Buffet, Slim, and Gates; the king gives his wife an art budget of supposedly, 2 billion dollars a year. This is the kind of money even Buffet can't come up with as a side expense.

Undocumented wealth in this world is unbelievable in its scope. But its funny the GP actually thinks rich people just hand over their personal financial accounts to Forbes.

about 2 months ago
top

Why You Shouldn't Use Spreadsheets For Important Work

gordo3000 Re:Spreadsheets - best and worst thing there is (422 comments)

doesn't always work. I spent years in Finance, and my first 2 were primarily writing and building spreadsheets to monitor risk, pnl, track drift in pnl, simulate portfolios, etc.

A couple years back my firm put into place a dev environment driven by python, and this was the first time since I was in middle school that I was programming withs something other than VBA or excel. After about 2 months, the same sheets I had been writing for years could be translated into massively simpler and easier to read (and follow, modify, extend) python.

Our problem was primarily driven by the need to keep all the information on one screen (in trading, you usually abhor having to scroll back and forth, as it takes time, and can lead to you searching for something rather than focusing on meaningful information). Of course, I could do all the calculations far to the right, and just do references that would be a mess on the dependency tree, but things seem to break just often enough to where you need to balance debugging on the fly (i.e. making it not impossible to see where your inputs are flowing to and which step they are breaking on). I never found a perfect balance.

Some folks decided to use VBA, but then I have never found it easy to read someone's hacked together VBA code. Python I find much easier, and this probably has to do with the weird inconsistent syntax in VBA.

And I'm well aware we were probably banging with a hammer to chop down a california redwood, but sometimes there is so much momentum in a firm you can't change how things are done (interoperability).

about 2 months ago
top

Kids With Wheels: Should the Unlicensed Be Allowed To 'Drive' Autonomous Cars?

gordo3000 Re:Would You Leave This Child At Home Alone? (437 comments)

so not a single news article. in fact, the first link is a blog with an axe to grind (this is like going to the huffington post to get accurate information on poverty or healthcare) and the next 3 are in general, you could be found liable for child endangerment if the courts find the child was in danger. But funny enough, if you read your own links, you'd see that they specifically state that in some states there is a law, but in other states it is discretionary and the onus is on the parent to not fuck it up.

But you are right, I did some some stunning nanny state articles. For example a 2 year old and 4 year old were left home alone, locked in, while the parent was out at work. The parent was arrested for child endangerment.

The closest I saw that was borderline was a parent leaving a 13 year old in charge of 3 younger siblings (including a baby and a preschool age child) and one child got out and was wandering around the neighborhood. That parent was arrested though I could find nothing about charges being filed or punishment. But then if you had taken the time to read the comments and dig, you'd find out this wasn't the first time this had happened, there was a drowning hazard on the property (a proper lake supposedly), and other extenuating circumstances. Sounds like a not unreasonable arrest, and of course there is no follow up of the mother actually being punished, the children being taken away, or any of the fear mongering your original post implied. But good try.......

about 2 months ago
top

Chelsea Clinton At NCWIT: More PE, Less Zuckerberg

gordo3000 Re: GADS (255 comments)

I actually went and dug and could find only one comparison internationally for 4th graders, and we don't look that bad till you see that Japan, Korea, Singapore, and a whole host of other countries don't participate in those studies. On the other hand by 8th grade we are comfortably behind, so much so that only 7% of our students score at the highest level! while in the best countries that number is around 47%.

This was the study: http://nces.ed.gov/TIMSS/

Are there others? I couldn't find any.

about 2 months ago
top

Kids With Wheels: Should the Unlicensed Be Allowed To 'Drive' Autonomous Cars?

gordo3000 Re: Would You Leave This Child At Home Alone? (437 comments)

Thanks for confirming my suspicion it has never happened and you are baiting with a straw man. Glad to know the law is still reasonable. Because if it has happened, it would require minimal effort to show such a case, especially if you actually cared enough to follow these things.

about 2 months ago

Submissions

gordo3000 hasn't submitted any stories.

Journals

gordo3000 has no journal entries.

Slashdot Account

Need an Account?

Forgot your password?

Don't worry, we never post anything without your permission.

Submission Text Formatting Tips

We support a small subset of HTML, namely these tags:

  • b
  • i
  • p
  • br
  • a
  • ol
  • ul
  • li
  • dl
  • dt
  • dd
  • em
  • strong
  • tt
  • blockquote
  • div
  • quote
  • ecode

"ecode" can be used for code snippets, for example:

<ecode>    while(1) { do_something(); } </ecode>
Create a Slashdot Account

Loading...