> But those founders be content with merely making a hundred million?
What does this mean? Without some insane wealth tax this is literally impossible. No founder chooses to become a billionaire. They just keep growing a business that is solving a billion dollar problem.
The only other was is if after 100M they start turning down customers or restricting services.
This is conflating businesses that solve billion dollar problems with people who individually contribute so much to a business that they solved the billion dollar problem all on their own. The latter is probably possible, but it's not necessarily the case that all billionaires and up today were such individuals.
It might be that if personal wealth alone were (effectively, by taxation) capped to $100m, we would still have exactly as much collective wealth, innovation, and value creation as we do today. Possibly more, because of more wealth distributed onto shared infrastructure and into the fluid economy.
They can continue growing the business while giving other employees a larger share of the asset. One person doesn’t create a billion dollar company, dozens or thousands do. After founding, other people who don’t become billionaires work similarly hard and are similarly smart as the founder. This is why people dispute “earning” a billion dollars.
You don't have a solution unless you can propose a way this gets legislated and executed. No hand waving. How specifically does this work? Suppose it is day one of my shares being worth more than 100m. What happens?
You've asked this about 10 times in this thread, I've provided a very straightforward manner elsewhere as a reply to you and am eagerly looking forward on what you come up with to claim that it's impossible.
> I am eagerly looking forward on what you come up with to claim that it's impossible.
Since you aren't willing to engage in a discussion in good faith, implying whatever I have to say about your 5th-grader-level economic plan to just seize all the shares is bs, I recommend you ask chatgpt why it doesn't work.
My latest reply to you was "Yes.". Might want to feed the thread to chatgpt and ask it if that's "not willing to engage in a discussion in good faith".
I didn’t say I did have a solution :). There’s value on agreeing or disagreeing that a problem exists without needing a solution. Dismissing a problem based on the viability of a solution is a strange fallacy.
You can just cap total compensation for executives relative to the lowest paid worker and include equity in that calculation. If you want to pay yourself, 10 million a year in stock, great... You need to pay the lowest paid person 10k in stock or whatever.
Or, you can mandate that after a certain size a worker owned trust/union will own some percentage of the company.
There's dozens of ways you could address this problem. Each have pros/cons. It's not that hard to fix if we actually wanted to fix it though.
My old startup got bought out and while I can't know if the CEO became a billionaire, why do I care if he did? I made out with a shit ton of money so what? Why are people so jealous of other people? Of all industries, tech is probably the most likely to share... I mean look at spacex where even janitors and cafe workers were given equity, whereas most companies would contract that out
I’m not jealous or losing any sleep over this. But it’s worth evaluating in our quest for a more perfect world. Something “feels unjust” about the current wealth inequality. Maybe it’s the best possible situation, but maybe not.
Imagine you lived in a feudal kingdom. Would you just shrug at all the wealth of kings and lords made off your back? Most people did, but thank god times have changed for the better. Perhaps we can change them to be better still.
Feels fine to me. I agree we need to create a world in which everyone's basic material needs are met but given America's history I think we have probably the ones with the system that'll get us closest to that ideal.
Nobody is jealous. They are pissed that excessively wealthy people can pay their way to success and influence the US government, for their continued personal gain. It’s about fairness and democracy, not luxury.
> Algorithms written in "pseudo-code", aka a higher level language without type information, are far more readable to a human, and thus likely an LLM too.
What’s the basis of this claim? There are many many more lines of code LLM’s are trained versus pseudo-code.
Also I agree, anecdotally the self-correction is key benefit from static types. If there is a mistake, it is caught at compile time and not at runtime.
Humans are trained on human language. LLMs are trained on human language.
Thus something that is easier for a human to understand is likely easier for an LLM to understand.
That higher level language with well named variables reads more comprehensibly than code:VERB with:PREPOSITION types:NOUN, intermixed:ADJECTIVE, stems:VERB from:PREPOSITION first:ADJECTIVE principles:NOUN too:ADVERB
For models as complex as these I'm not confident we can apply arguments from first principles; we could just as easily argue that type information is helpful, from first principles. What is much more useful is empirical evidence, and AutoCodeBench [1] found that LLMs are most proficient in Elixir (dynamic) followed by Kotlin (static), with Rust and PHP at the bottom. So it would seem like, as of publication, typing style doesn't really matter!
In the rare case that all your concepts use the exact same descriptive word, you are probably right!
The majority of the time you can infer the type from reading well written code (to the extent that the shape of the type matters in the context of that piece of code)
If the type can be inferred by the reader it should be inferred by the type system and at least be available to the LLM as a query. But we're also talking about dynamic languages in which type cannot be inferred until runtime. What's the type of x?
x = y + z
Well that depends on the types of y and z, which themselves may depend on the types of other operands, which themselves may not be known until the program actually runs. All that inference takes a lot of thinking, which takes tokens, which cost money. Why not just write the types down? Although we call these things "inference engines" they're really pattern matching explicit tokens, so it's better to actually write down the types so they can be pattern matched than to figure them out at inference time.
You are basically rehashing the false beliefs of the codeless programming camp.
Human language that is 99% correct is a standing ovation for a speech writer while it is paying a cyber ransom as the software maker.
Just some numbers ~1.5M housing units are built in the US with an approx cost of $300k - $400k. That is $450B to $600B going into housing units construction every year.
On the other hand VC has maybe $1T AUM in the US. Maybe 10%-20% of that is deployed every year? So $100b to $200B.
What is wrong with that ratio? Could there be better solutions to make more housing cheaper? (lower regulations, efficient permitting, etc)
Money moving from VC to housing seems without a first principled approach on what problem your solving and how is silly.
The problem is they’re pouring insane amounts of money into non-problems. I use Git every day. There’s no problem with Git. Real problems that people suffer with everyday like healthcare and housing and even defense are doing so pitifully and we’re spending $17M on improving Git? If you don’t see the ridiculousness you really are in a bubble.
What does this mean? Without some insane wealth tax this is literally impossible. No founder chooses to become a billionaire. They just keep growing a business that is solving a billion dollar problem.
The only other was is if after 100M they start turning down customers or restricting services.