embedded machine learning research engineer - georgist - urbanist - environmentalist
The raison d’être for RISC-V is domain-specific architecture. Currently, computational demands are growing exponentially (especially with AI), but Moore’s Law is ending, which means we can no longer meet our computational demands by scaling single-core speed on general-purpose CPUs. Instead, we are needing to create custom architectures for handling particular computational loads to eke out more performance. Things like NPUs, TPUs, etc.
The trouble is designing and producing these domain-specific architectures is expensive af, especially given the closed-source nature of computer hardware at the moment. And all that time, effort, and money just to produce a niche chip used for a niche application? The economics don’t economic.
But with an open ISA like RISC-V, it’s both possible and legal to do things like create an open-source chip design and put it on GitHub. In fact, several of those exist already. This significantly lowers the costs of designing domain-specific architectures, as you can now just fork an existing chip and make some domain-specific modifications/additions. A great example of this is PERCIVAL: Open-Source Posit RISC-V Core with Quire Capability. You could clone their repo and spin up their custom RISC-V posit chip on an FPGA today if you wanted to.
It also had a second rule set where a land value tax was implemented, and the winning condition was when everyone made a minimum amount of money.
A land value tax (LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it.[1] It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating.
Some economists favor LVT, arguing it does not cause economic inefficiency, and helps reduce economic inequality.[2] A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income.[3][4] The land value tax has been referred to as “the perfect tax” and the economic efficiency of a land value tax has been accepted since the eighteenth century.[1][5][6] Economists since Adam Smith and David Ricardo have advocated this tax because it does not hurt economic activity, and encourages development without subsidies.
LVT is associated with Henry George, whose ideology became known as Georgism. George argued that taxing the land value is the most logical source of public revenue because the supply of land is fixed and because public infrastructure improvements would be reflected in (and thus paid for by) increased land values.[7]
It’s just a stupidly good tax policy, and we should be implementing it in more places.
Yeah, this is the one piece a lot of people miss: in any decently competitive market, individual firms have effectively zero power to set prices; they must instead accept the prices determined by the market.
Knowing that, the solution to that sort of corporate BS, then, is to ensure markets are competitive by busting monopolies, lowering barriers to entry, and getting money out of politics to reduce the effect of lobbying.
Exactly. When the accused has paid off half the jury, you shouldn’t put much stock in the verdict.
The only thing I care about when determining whether something is a genocide is the facts of the case (which are overwhelmingly in favor of describing the Uyghur genocide as a genocide), not the outcome of a highly political vote by countries all with their own motives and interests.
Imagine if someone defended nazis with “they were calmly denying the Holocaust”. I’ve seen far too many tankies denying the Uyghur genocide every chance they get. Like you say, it doesn’t matter the tone; genocide denial is itself a line you don’t cross.
They’ll ban you for acknowledging the existence of the Uyghur genocide, for one
Edit: wording
I agree that I think worker coops elegantly solve certain problems (notably the principal-agent problem), but they also have certain drawbacks. Notably, they have more difficulty raising funds, they tend to be more risk-averse, they tend to be more growth-averse (people don’t like to dilute their own stake within the company with more people, but this means they don’t typically scale as easily or quickly to benefit economies of scale), and they tend to pay worse than hierarchical companies (counterintuitive as that may seem at first if the whole goal of market socialism is to have workers get more of their value back).
So is the solution to just throw our hands up and say, “Screw it, nothing we can do but let hierarchical organizations win”? Not quite. We still do see plenty of successful coops, notably in the form of credit unions. We also have unions and syndicalist solutions. We still have minimum wages (which are supported by most economists, as it turns out you can raise minimum wages a certain amount without raising unemployment because there’s often a non-zero amount of monopsony power in the labor market).
Further, I do think a Georgist system would empower labor much more than now. Without a housing crisis (thanks to LVT and YIMBYism), with a citizen’s dividend, with quality public education (education has positive externalities and thus deserves a Pigouvian subsidy), with more jobs (thanks to more economic growth and less rent-seeking), and with public works projects (essentially Pigouvian subsidies for things like environmental cleanup), I think labor would have much more bargaining power with employers.
For instance, the professional class right now gets good pay and generally good quality of life , despite rarely having unions or worker coops, precisely because they have high negotiating power with prospective employers.
My inclination is to strive for a more Georgist system, encourage unions, use minimum wages and government spending technocratically, and then see if more is yet needed.
But society already values flexibility as well. As a basic example, I was hired in my current job in large part because I have a relatively broad range of skills within my field, rather than being hyper-specialized in one particular thing. Sure, in an abstract world where replacing employees is frictionless and firms are all megacorps with tens of thousands of employees (or more), tremendous specialization would probably be more commonplace. But in our real world, companies value flexible employees who can respond to changing projects, requirements, conditions, etc., because just firing and hiring a new specialist costs times and money, and many companies (startups especially) can’t afford having thousands of specialists in every niche they touch upon.
Further, even specialists have to communicate and collaborate with other specialists, and they need to be able to understand each other well enough to do so. If you wanted to build robotics to pick tomatoes automatically, for instance, it would be ridiculous to hire one tomato farmer and one roboticist who know nothing about each other’s respective specializations. If neither has any flexibility or breadth of knowledge, it will be very difficult for them to communicate and collaborate to get the project working.
People live in an artificial binary where they believe communism and capitalism are the only two economic systems in the entire world.
I’ll be bold and say it outright: communism is a fundamentally broken idea and sucks balls, and so is capitalism, but both in similar-yet-different ways.
Communism is faulty economics and fails to differentiate between man-made capital and god-given land and natural resources, grouping both as “the means of production”. The problem with this is land and capital have very different properties. Where land (and natural resources) cannot be created and are zero-sum, capital must be created and is not zero-sum. Communism blatantly ignores this and has a zero-sum view on capital, meaning it suggests policies that fail to effectively produce new capital, and thus fail to effectively produce new wealth and prosperity. Further, when the state takes monopolistic control over land and capital (in addition to its existing monopoly on violence), it concentrates far too much power, which is why communist countries keep on becoming brutal dictatorships.
Capitalism, on the other hand, also fails to differentiate between land and capital, but in a different way. Instead of socializing both, it privatizes both, allowing massive rent-seeking and exploitation as a result of monopolization of land and natural resources. It also often willfully ignores that negative externalities and other market failures actually make society, on the net, poorer and less prosperous. Further, this concentration of wealth into the rent-seeking, monopolist class grants them more political power to make it even easier to rent-seek, further concentrating their own power and wealth.
What I want instead is a Georgist system that correctly identifies this distinction between land and capital, and then uses economically proven policies that respect the inherent differences between land and capital.
Sounds similar to some of the research my sister has done in her PhD so far. As I understand, she had a bunch of snapshots of proteins from a cryo electron microscope, but these snapshots are 2D. She used ML to construct 3D shapes of different types of proteins. And finding the shape of a protein is important because the shape defines the function. It’s crazy stuff that would be ludicrously difficult and time-consuming to try to do manually.
Yeah, I certainly don’t regret moving to Montreal, as it’s where I met my wife and now where I’m working full-time. But yeah, I got the sense that attending Rose-Hulman would have meant being in a college bubble for 4 years and never doing much outside of that bubble.
http://gameofrent.com/content/can-land-be-accurately-assessed
The key downsides of income taxes, though, are it requires tracking everyone’s income, and it’s very easy to hide income by doing under-the-table work and getting paid in cash. In contrast, it’s impossible to hide land.
Wow, even Terre Haute. Almost went there for college (Rose-Hulman), but decided against it in part because the city itself was so small and sprawling. It must’ve been 1000x livelier back in the streetcar days when things were probably more densely built and less obscenely car-centric.
Also, Trump got elected, so I was like, “Nah, I’m moving to Canada”, which is how I ended up in Montreal instead.
Similar with Montreal. A whole grid of streetcar lines just got torn up and replaced with buses. We now have a nice metro now at least, but it certainly wasn’t made from pre-existing tramways.
I think part of the problem is that what we refer to as landlording includes two separate roles: landlording and property management. The former isn’t a legitimate job, gathering its profits from economic rents borne of land and housing scarcity, while the latter is a legitimate job, earning its profits from the labor of managing and maintaining rental housing.
And so with a sufficiently high LVT, approaching the full rental value of land as Henry George proposed, and a much more YIMBY regulatory environment, I think we would likely see landlords converge towards being mere property managers.
That said, you are fully correct that the non-zero costs of moving would still give landlords a little leeway to rent-seek, and I’m curious what solutions may exist to remedy that.
Regardless of whether it 100% solves landlording, I do think LVT and YIMBYism do largely solve real estate “investment” as the meme talks about. Since LVT and abundant housing stop the “line goes up” phenomenon, and LVT in particular punishes real estate speculation, I think they would largely, if not entirely, eliminate the phenomenon of people buying up land/property just to resell later after appreciation. Because, well, housing wouldn’t appreciate under a sufficiently heavy LVT and a strong YIMBY regulatory environment.
Land value tax would fix this
And abolishing exclusionary zoning, parking minimums, and other anti-housing land use policies
Just today I saw this list of the largest tram networks in history: https://en.m.wikipedia.org/wiki/List_of_largest_tram_and_light_rail_transit_systems_ever
The largest existing one is Melbourne, at a little over 250 km of tramways. Los Angeles at its peak had over 1700 km of tramways.
Truly insane what we tore up. A crime against humanity.
My main issues with vacancy taxes are three-fold:
Altogether, vacancy taxes are a pretty marginal solution, and I think our focus is much better spent on land value taxes and YIMBYism (e.g., zoning reform).
What about Henry George, then?
Henry George (September 2, 1839 – October 29, 1897) was an American political economist and journalist. His writing was immensely popular in 19th-century America and sparked several reform movements of the Progressive Era. He inspired the economic philosophy known as Georgism, the belief that people should own the value they produce themselves, but that the economic value of land (including natural resources) should belong equally to all members of society. George famously argued that a single tax on land values would create a more productive and just society.
Exactly. I’m just trying to reframe dumb NIMBY policies like restrictive zoning and mandatory parking minimums as anti-freedom so as to try to get conservative NIMBYs to maybe be just a little less NIMBY.
Absolutely no one is seriously arguing we allow PFAS chemical plants next to kindergartens or that we remove all building safety codes. Just that restrictive zoning (and other NIMBY land use policies) is stupid, harmful, and we should get rid of it.