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Comment Re: Romneycare origins (Score 1) 240

The free market is a poor system for setting the price and supply logistics for things with inelastic demand. Health care is the big example, but basic foodstuffs, shelter, water, power, and the like all tend to have problems when they're left to the free market. On the flipside, the free market is *very* good at settling prices for elastic goods, and for driving innovation and luxury.

The free market is an excellent system when you're dealing with elastic demand, there is no collusion between any of the parties, and all the parties involved are fully informed. When you start taking away those critical elements, it very quickly breaks down, and can end up offering far worse outcomes than other systems of resource allocation.

Excellent post! A couple of examples for some very odd and potentially ruinous experiences which I believe are fairly common.

  • An insured person who is admitted to a hospital that is in-network may be treated by a doctor who is out-of-network and then faces enormous bills. Such a person thinks that he or she has insurance and is in an in-network hospital.
  • A person with traveling insurance is faced with a huge bill from the hospital and when the hospital was told that the insurance is from a different country and the bill is very high to pay out of pocket, the hospital offers a 75% "discount". So the initial bill was hugely inflated.

Comment Re:It appears ... (Score 1) 49

I sort of feel like this is a dead end though. At this point they are just making slightly better correlation systems and throwing them at problems that could probably be better solved using other techniques.

You have to compare it to what existed before, and when you do that there is a significant progress. The number of image-captions used and the way it is trained with loose supervision shows significant progress. I work in the field and as far as I know, there is no other "technique" that comes close - and it is not for want of trying. In my personal experience, there are academics and researchers who would love to come up with some other technique to beat DNNs and if they do, that is progress as well.

It would be great to have the universal AI we could just throw at every problem, but unfortunately, in my lifetime at least, I think it's just going to be a lot more grinding out blended expert systems instead. Good news for programmers and white collar workers I guess, but it sure would have been fun to see the singularity.

IMO, this is a step in that direction (i.e. universal, although I wouldn't call it AI). Progress is often incremental. Also, it is not programmers and white collar workers who will be the first casualties. From where I am, we are still far from the singularity (however you define it).

Comment Re:I see (Score 1) 49

I do think that AI in media is portrayed to be more advanced than it is - I'm not sure if this is a problem with the media or the field. I mean, this is a published paper and you can read it to understand the claims and problems. The presented work is state of the art and is a big step forward, but there is a gap between that and deploying it in applications. In the end, this is *just* a neural network trained to map input images and text into a vector. However, the CLIP model is an impressive step forward in terms of how it is trained: with hundreds of millions of image-caption pairs and very little supervision. The P in CLIP stands for "Pre-training". Is this perfect? No. Does it have problems? Yes. You don't have to speculate - the authors talk about it in the paper. But to ignore what it can do and focus on a bug (which actually may be a feature) is lame. To elaborate on that, the model is doing what it has been trained to do: i.e. match the image and the caption - reading text in an image (without being explicitly trained to do so) is cool in itself. However, the correct label often scores high as well.

Comment Re:The DNC overlords always get their way (Score 1) 644

I am not a fan of Hillary, but pretending that she is as bad as Donald Trump is just insane. Bernie Sanders is trying to influence the party platform and trying to prevent the disaster that would be Trump. I don't think that is unprincipled. If you think that is, the rest of the house and senate are crooked as hell.

The US system doesn't have the possibility of coalition governments and you can't really do a protest vote unless you want to risk Trump. Maybe one decides to bide the time until the next election or move to a different front in the senate / house races.

Comment Re:Robert Heinlein said it best... (Score 1) 908

This post is insightful?

Firstly, where is your evidencce that mathematicians don't wear shoes, bathe or keep a tidy house?

Secondly, the quote in question says that "Anyone who cannot cope with mathematics is not fully human. At best he is a tolerable subhuman who has learned to wear shoes, bathe, and not make messes in the house." Not that a person who can cope with mathematics needs to wear shoes, bathe, and not make messes in the house.

Comment Re:It's a lose lose (Score 1) 352

Give India a break, it *is* a democracy and it is only 60 years since it has gained independence from Britain which left it in not-the-greatest shape. It is true that there are problems of the lower castes, etc, but something is being done, albeit slowly, in terms of reservation in education and government jobs for the lower-castes. Why it was only 50 years ago that afro-americans in the US were second-class citizens.

Comment Re:Once again, Apple shows themselves to be Evil (Score 1) 541

I don't think it's so much "A Good Company" as "A company that makes well designed, albeit expensive, products." If I had the cash my PC would be a mac and my phone would be an iPhone... at least, if I could use anybody but AT&T with the iPhone. That's a bigger hurde than the cost.

I don't dislike Microsoft because of their business practices; I dislike Microsoft because I don't like the way they design most of their products. YMMV as always.

Well I don't like Microsoft not because they make bad software, but because they make it difficult for my OS of choice (Linux) to function well and compete on an even footing with their anti-competitive practices, sabotaging of truly open standards, etc. If they just make bad software, I don't have to use it. Unfortunately, if I need to edit an MS Office document cleanly I need MS Windows.

Comment Re:It's so very odd..... (Score 1) 1376

I think there is much confusion about the term agnostic. Since one cannot disprove the non-existence of any god, agnosticism is the most logical stance one can take. However, the fact that one is agnostic should mean that one is equally agnostic about Zeus, the christian or any other mainstream god, and (not to ignore the pastafarians) the FSM as there is little evidence to support any of them. I am, strictly speaking, agnostic, but for practical purposes, I'm an atheist.

Comment Re:I find most Indians incompetent (Score 1) 1144

A comment with the heading "I find most Indians incompetent" is "interesting"? It doesn't matter if you replace "Indians" with any other country, it is a patently stupid generalization. I am an Indian and I didn't go to IIT, but I can tell you that most of the guys who get into IIT every year are some of the smartest 2000 guys in a country of 1 billion people. True, some of them have an attitude but they are rather raw because they are undergraduates, but they are definitely very talented.

Comment Re:Much ado about nothing... (Score 1) 770

Really? I hold a Phd in Electrical Engineering from Maryland and I have several good friends who got their PhD's in the US (all of them had their tuition paid and stipends) and are now in India. Their average age is around 30 as well. Some of them worked here for a couple of years. I still think that the US attracts a lot of students who want to excel in engineering and science. Getting a suitable job in India for these highly qualified people is difficult because of the competition and the scarcity of good jobs, but that is fast changing.

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