BC BUSINESS
Saved by @CodyyyGardner

This is an insightful article about what's wrong with Google as compared to Amazon, Microsoft, Apple and Facebook.

Which actually reminds me of the difference between organic and engineered designs: https://t.co/JMmSyBvA0J
Organic or biological designs are reusable designs from the ground up. They accommodate the needs of the environment because of the generality of the architecture. They don't pretend to solve just a narrow problem.
Architectures like biology that lead to general intelligence (i.e. like you) are from the ground up built from reusable components that encourage combinatorial mixing opportunities. One can never correctly guess the needs of the environment (i.e. market).
The opposite of generalization is pre-mature optimization. A company that has is genesis as a one-product company has a bias toward optimizing the entire stack. As a consequence, it compromises reusability and thus shuts of future opportunities of evolution.
The opposable thumb is shared by a common ancestor of the great apes and humans. However, apes have optimized for strength and not dexterity. As a consequence, lost this capability and thus further shut themselves off to an evolution path of higher intelligence.
The human jaw is weaker than apes because humans lost an important gene. However, the consequence of a weaker jaw was a jaw that was more flexible. Thus leading eventually to a richness in vocalization.
A key architectural feature for survival in the biological world is the reusability of the underlying components. All biological life shares the same nucleotides (4) and proteins (21). Evolution has somehow consolidated its design into a reduced instruction set (RISC) computer.
A second architectural feature is that biology is continuously testing its components. The above article points to the practice of eating your own dog food. One cannot achieve reusable components if these components are not subject to demanding environmental demands.
What persists in biology are those components that prove to be ubiquitously useful. Those that do not have an evolutionary path that is fragile and can at any time be replaced by a more useful alternative. Biology is continuously error-correcting for reusability.
Darwin's Theory of Evolution is commonly understood as a natural selection for environmental fitness. That is the goal of the species is to survive. However, this interpretation glosses over the fact that survival exists at a multitude of scales.
There is a constant competition of what gets propagated by a species DNA. An organism is engulfed by a multitude of bacteria and viruses that are also propagated to a species offspring. Parts of an organism are in a constant battle against alternative parts from its environment.
Humans lost the ability to produce vitamin C because of the abundance of fruits in the environments of human ancestors. The body does not have to create things that might be readily available in the environment.
Evolution thus is not a constant struggle for survival as a reading of Darwin may have implied. Rather, it is a constant struggle for usefulness. Every part of biology must justify its existence by revealing its usefulness.
Evolution is a story not of fitness, but rather of relevance.
Humanity is a story not of human survival but rather a story of human relevance to the universe.
Relevance is enabled by what David Deutsch @DavidDeutschOxf described as reach. The reach that is available to computation, biology, language and human explanatory capabilities is driven by the universality of it underlying components.
Reach is enabled by the interplay of first principles of modularity.
https://t.co/degRiNt0Oc
The openendedness of the universe, that fact that future has yet to be invented requires a mechanism to invent the unknown. This is a generative model that reformulates what is available from knowledge of the past, to invent an entirely novel future. https://t.co/ilLBULLJEO
@threadreaderapp unroll

More from Carlos E. Perez

Carlos E. Perez
Carlos E. Perez
@IntuitMachine
All Biological life on earth is possible because of a discrete digital mechanism of preservation and replication.

The mechanism of signaling between the superorganism we know of as bacteria and its ongoing war against viruses is through a digital mechanism.

The source of innovation in biology is in this milieu of microbiome and viromes that are ubiquitous in every complex multicellular organism on earth. Humans are walking ecologies and cannot survive stripped of these ecologies.

We can picture this as a cloud of digital interaction that surrounds all of us.

The cells of multicellular creatures however do not communicate in the same way as bacteria. The DNA of mammals are sequestered from daily activity so as to prevent wear and tear.
SCIENCE
Carlos E. Perez
Carlos E. Perez
@IntuitMachine
"Three modes of evolution have thus been brought before us: evolution by fortuitous variation, evolution by mechanical necessity, and evolution by creative love." - C.S. Peirce 1893

These words were spoken prior to the discovery of quantum mechanics and computation. What if Peirce knew of these discoveries? If so, how would he have conceptualized these evolutionary modes differently?

I believe there is an extreme benefit in revisiting the writings of great minds in the past and refining them based on scientific discoveries that occurred only in their futures.

wrote the book "A New Kind of Science" that speculated how science would be different if computers existed prior to calculus.

In the same way, let me explore C.S.Peirce ideas of evolutionary philosophy from the vantage point of knowing of the discoveries of quantum physics and universal computation.
HISTORY
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Carlos E. Perez
Carlos E. Perez
@IntuitMachine
Interesting to realize that the living things that lay the foundation of the biosphere are extremely robust as compared to the humans that are destroying the biosphere.

Seed can remain dry and dormant for ages only to reborn when provided the proper nutrients. In contrast, most animals require a continual living vessel to reconstruct itself from its DNA.

Evolution appears to constantly perform tradeoffs between robust organisms and organisms that are adaptable. Co-evolution makes possible the development of complex species as a consequence of robust organisms.

We exist as a consequence of the multitude of less complex individuals that make up our biosphere. We are in fact symbionts that are in constant cooperation with our microbiome. Absent our individual ecologies leads to death.

We are inseparable from our microbiome, we are inseparable from our societies, and we are inseparable from our biosphere. The biggest lie we are told is that as individuals, we are independent of our world.
WORLD
Carlos E. Perez
Carlos E. Perez
@IntuitMachine
Damasio in his book 'The Strange Order of Things' argues that the core of condition lies in homeostasis. I agree with this generalization. But let me work out in a tweet storm how consciousness relates to homeostasis.

Human consciousness is related to awareness of surprising or threatening observations. It's an error-correcting mechanism that lends attention to discrepancies of our expectations of the world.

The mind is composed of many layers of cognition. Also, its massive parallelism implies reducing the conditional checks required for error correction.

To do this, consciousness is engaged only in a time-sliced manner in a periodic manner. The majority of time spent is in unconscious activity with only periodic activation of the conscious error-correcting process.

The system 1 unconscious intuitive mechanism minimizes the effort of performing error correction. It is automated and driven by habit. It is like a river flowing without obstructions.
CULTURE
Carlos E. Perez
Carlos E. Perez
@IntuitMachine
It is astonishing that most of cognitive science ignores an obvious reality. That there are two kinds of humans.

Tomasello has a very credible hypothesis that what distinguishes humans from the great apes is the inclination towards shared intentional behavior. What is innate is the disposition and like personalities, it is what defines our cognition as we grow.

If cognitive preference is so critical in cognitive development then why is it that we seem to have completely ignored the difference in cognitive preferences between men and women?

Humans are that species of primates that wandered out into the savannah. The savannah is different enough from a dense jungle to exert the evolutionary pressures that encourage the development of planning and forecasting skills.

Furthermore, human infants required a disproportional amount of effort to rear. This meant the specialization of roles between women who were responsible for rearing offspring and men who were responsible for bringing home the bacon. Failure in either implied death.
SCIENCE

More from Business

Vijay Patel
Vijay Patel
@vijaygajera
Sarad Pawar was a director in a shell company, which have done transaction of 7 Lakh crore in cash in UK.
Company Name was SGFX FINANCIALS CO UK LIMITED. (What could be full Name of SG? Any Guess?)
Thread


According to the UK company filing database, Mr Pawar was appointed as board member of SGFX Financials Co on 13 December 2010 and left the company on 5 January 2011. The filing also notes Mr Pawar's occupation as Minister, Government of India.

This company was incorporated on 13 December 2010 and dissolved on 27 November 2012. Nature of business was ‘Other business activities’!


There were two more directors when company was incorporated
1 is Mr Sarvesh Narendra Gade and 2nd is Mrs Shahanaz Ashraf Bharde


But when this details came out in 2015, Sarad Pawar has filed a case against this couple for using his name without his knowledge! Like really?
Please see below document, which have clearly mentioned that it was authenticated!
BUSINESS
Matt Bennett
Matt Bennett
@LongvueMatt
I’m a firm believer that more & more entrepreneurial ‘builders’ will evolve their operating company into a HoldCo

Scaling initial capital light successes (like a service co) & redeploying cash flow into concentrated bets leveraging existing know-how, infrastructure, & expertise

Why?

- lower barriers than ever to building asset light/capital light co's
- existing co infrastructure makes acquiring/building another co easy
- more non-dilutive funding options available
- talented operators/investors can use brand, capital, & know-how to scale meaningfully

But first… what is a HoldCo?

It’s fancy term for “holding company” which is an entity that owns/controls the assets of other different companies

Most HoldCo portfolio companies operate autonomously... with their own team, balance sheets, systems, processes etc.

Major capital allocation decisions are performed at the “TopCo” (ie, primary owners of the HoldCo)

Most HoldCo’s are C-Corps due to structural/tax advantages, but sometimes you see them operate as LLCs

Distributions to shareholders are less common, w/ free cash flow used instead for new acquisitions, spinning up new products/services, or using for existing portfolio co needs
BUSINESS
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Andr\xe9 Bothma
André Bothma
@AndreBothmaTax
Tax thread: Employees vs independent contractors.

1. Legally, the two terms are mutually exclusive and are direct opposites... https://t.co/jR0PBMp32M

Employee works for an employer.
Independent contractor is basically an entrepreneur.

2. This highlights two key points:

An employer has some measure of control over the employee.

An "IC" (short for independent contractor) is "his own boss".

It is the responsibility of the employer to determine that a person is either an employee or an IC.

3. Where does PAYE come into play? PAYE is deducted from remuneration. Remuneration applies to employee earnings, whereas for IC's (on certain conditions), their earnings can be excluded from remuneration and therefore no PAYE.

This difference is the scenario of yesterday.

4. There are two important tools: Statutory tests and common law tests. They can be used to determine employee/IC status.

The statutory test is to see if a person is independent from 1: the person paying them;
2 who the work is done for

AND

5. Whether the person is subject to two main things: Control, OR
Supervision

If the person is not independent from the employer (for both the work and the pay) AND the employer has control or supervision of the person - PAYE will apply.
BUSINESS
Liat Says Repeal The filibuster
Liat Says Repeal The f...
@Liat_RO
Seeing a ton of (warranted) criticism re Dems on impeachment — but like where was everyone? We know politicians don’t act boldly if we’re not in the streets to make them. But multi million dollar “movement” orgs are writing petitions & posting graphics instead of organizing

I will always remember the first impeachment trial- pre-Covid-, when a mere 10,000 people marched in NYC. Dems are cowardly and ineffective, and Republicans are fascists but also the grassroots left is all over the place and has some reckoning to do.

These groups have millions of people on their email lists. How are they using that platform? There was zero coordinated national action(not emails, but action) re impeachment that I saw. Not even an ask to post something on social media or take a photo, let alone in person.

And I’m putting the focus on the people with money and resources to organize rather than on Individuals trying to survive a pandemic intentionally.A smattering of groups did some impeachment texting or phonebanking. That’s all I know about.

And because of this lack of direction from the people with resources (seeing this in the climate movement too) local groups or affiliates are getting wrapped up in super local politics, which while fine, is not going to move the national Democratic Party the way we MUST.
BUSINESS
Randall Hunt
Randall Hunt
@jrhunt
General Warning: don’t work for or hire @IanMmmm - he’s a zero-integrity-self-serving manipulator. He destroyed an entire org at AWS.

He’s the reason I left @awscloud. He’s not just incompetent, he’s dishonest in the extreme. You’re throwing away your career working with him.

Also, pro-tip: record every call you have with a manager that you suspect is lying to you.

Here's what happened: I lost my shit when I didn't get promoted, because I was a child. That's on me. I had worked my ass off for 3 years and Ian said that if I moved to Seattle and signed a non-compete then I would get my promotion. I did those things - I didn't get promoted.

What does losing my shit mean? I sent a message to Ian and others that said "Fuck you, I'm not moving to the depressive hell hole that is Seattle. I'm not signing a non-compete. I'm going to stop working 100 hours a week for a company that doesn't give a shit about me."

Later, I found out that Ian had never actually reached out to anyone about my promo document. He just lied. He just ignored it until the last second because he was too focused on taking credit for my work for his own promo document. He got promoted.
BUSINESS

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Filippo Valsorda
Filippo Valsorda
@FiloSottile
“We don’t negotiate salaries” is a negotiation tactic.

Always. No, your company is not an exception.

A tactic I don’t appreciate at all because of how unfairly it penalizes low-leverage, junior employees, and those loyal enough not to question it, but that’s negotiation for you after all. Weaponized information asymmetry.

Listen to Aditya


And by the way, you should never be worried that an offer would be withdrawn if you politely negotiate.

I have seen this happen *extremely* rarely, mostly to women, and anyway is a giant red flag. It suggests you probably didn’t want to work there.

You wish there was no negotiating so it would all be more fair? I feel you, but it’s not happening.

Instead, negotiate hard, use your privilege, and then go and share numbers with your underrepresented and underpaid colleagues. […]
LIFE
Melissa (she/her)
Melissa (she/her)
@LiteraryMouse
In regards to the #CapitolCoup, I’m in a unique position. I monitored forums ahead of time and then was present for the coup itself.

These are my observations based on what I saw and the evidence that’s been collected so far. I reserve the right to adjust my analysis as needed.

Let’s talk about the organization of the coup first. Seeing some people insist that the coup must have been highly planned and coordinated.

Yes and no. This was a #StochasticCoup. We’ll see little evidence of direct communication between Trump and the insurrectionists.

Within the insurrectionists, there was not one group that executed the storming of the Capitol.

Rather, there were a number of smaller groups working independently towards the same goal. I expect you’ll see little evidence that these various groups communicated with each other.

What you will see is detailed planning and coordination within these small groups.

Then there were the joyriders, those Trump supporters who weren’t directly involved in any plotting but who were more than happy to go along for the ride once the coup was in motion.

After four years, the insurrectionists were carefully attuned to Trump’s messaging.

Every tweet and statement of his was treated as marching orders and carefully dissected for meaning.

It’s why shutting down Trump’s Twitter account was so important.
POLITICS , INSURRECTIONISTS
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Dr. Thomas Binder, MD
Dr. Thomas Binder, MD
@Thomas_Binder
1/12

RT-PCR corona (test) scam

Symptomatic people are tested for one and only one respiratory virus. This means that other acute respiratory infections are reclassified as


2/12

It is tested exquisitely with a hypersensitive non-specific RT-PCR test / Ct >35 (>30 is nonsense, >35 is madness), without considering Ct and clinical context. This means that more acute respiratory infections are reclassified as


3/12

The Drosten RT-PCR test is fabricated in a way that each country and laboratory perform it differently at too high Ct and that the high rate of false positives increases massively due to cross-reaction with other (corona) viruses in the "flu


4/12

Even asymptomatic, previously called healthy, people are tested (en masse) in this way, although there is no epidemiologically relevant asymptomatic transmission. This means that even healthy people are declared as COVID


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Deaths within 28 days after a positive RT-PCR test from whatever cause are designated as deaths WITH COVID. This means that other causes of death are reclassified as
CATEGORY C19
itrade(DJ)
itrade(DJ)
@ITRADE191
Here is the detailed information of about strategy,

Entry time : 9.30 - 10
Exit : Upto you

Strategy :
Sell weekly ATM CE & PE at almost equal price
For ex : Sell Nifty 17250 CE at 50 and Nifty 17250 PE at 48 so it will become short straddle

Buy monthly ATM or near ATM CE & PE at matching price (5-10 points diff should be fine) as hedge
For ex : Buy Nifty 17250 CE at 150 and Nifty 17300 PE at 155 so it will become long straddle.

Weekly Short straddle + Monthly Long straddle

Adjustment:

• If you feel slightly bullish/bearish then no adjustment needed
• If Nifty moves 50 up or down and sustain then just simply roll up or down half of qnty and keep rest of the quantity. If market goes up or down further then roll up or down rest.

• If Nifty moves one side or about to breach BEP then add equal amount of lot. This can balance tested side. For ex: If I bought 17300 CE 4 lot as hedge then add 4 lot so you will have only one side risk . Note: Remember to keep SL at cost price (only for additional lot bought)

Capital requirement:
2.2 L for 4 lot
Adjustment requires additional capital upto 1L

Note : High risk high reward strategy, please don’t execute until you fully understand. Kindly do paper trading or backtest.
RR : 1:1
POP : 45-55%
OPTIONSLEARNINGS , ALL
STEALTH JEFF
STEALTH JEFF
@drawandstrike
So it's now October 10, 2018 and....Rod Rosenstein is STILL not fired.

He's STILL in charge of the Mueller investigation.

He's STILL refusing to hand over the McCabe memos.

He's STILL holding up the declassification of the #SpyGate documents & their release to the public.

I love a good cover story.......

The guy had a face-to-face with El Grande Trumpo himself on Air Force One just 2 days ago. Inside just about the most secure SCIF in the world.

And Trump came out of AF1 and gave ol' Rod a big thumbs up!

And so we're right back to 'that dirty rat Rosenstein!' 2 days later.

At this point it's clear some members of Congress are either in on this and helping the cover story or they haven't got a clue and are out in the cold.

Note the conflicting stories about 'Rosenstein cancelled meeting with Congress on Oct 11!"

First, rumors surfaced of a scheduled meeting on Oct. 11 between Rosenstein & members of Congress, and Rosenstein just cancelled it.
ALL