I'm pretty sure that "lack of market opportunity" isn't the reason that nobody has yet managed to invent eternal youth

It seems like they're targeting AI chip start ups with the promise of a compiler framework that can integrate with a custom backend

that doesn't jive at all with "closed source" and "walled garden" and "remote sdk".

"matchmaking"

Why? Looks like they're doing realtime network monitoring for security purposes. Sounds like a high performance application to me. Haskell has a reputation for being slow, but the proof is in the pudding - and what's being asserted is that a stronger type system enables better optimization.

Interesting - I didn't realise the performance of a system was measured in how "obscure" the source language is.

(edit: I am Australian - this is sarcasm.)

I’m also Australian and can confirm this was sarcasm

Money allows for economic specialization, leading to greater productivity. You don't build an economy that produces cell phones when you're stuck bartering goats for wheat.

I feel like this is not answering the spirit of their question. What is bad about Crypto which isn't some nth-order effect of Money?

- When a layperson is scammed out of their Crypto the problem is that they lost Money because they used Money to buy the Crypto. (Yes, given the current ecosystem it is easier for my grandmother to be convinced to transfer all of her Crypto such that she can't get it back but that's bad because she's losing Money.)

- People are incentivized to run machines which "mine" Crypto -- but otherwise do nothing externally useful while also causing other negative externalities such as carbon emissions -- because the Crypto can be sold for Money.

I thought that Fortran was traditionally faster than C++ for numerical code due to stricter aliasing rules in the language, which I wouldn't expect to carry over to an IR?

That, but also being simpler and higher level, having multidimensional arrays in the language itself and simpler semantics (such as you cannot just take a pointer to an arbitrary variable, it has to be marked with "target"), no exceptions, and so on. What carries over to the IR today are all the language semantic features, such as all the array operations (minloc, maxval, sum, ...) and functions (sin, cos, special functions) as well as all the other features without any lowering, and we then do optimizations at this high level, then only at the end we lower (say to LLVM). Python/NumPy can be optimized in exactly the same way, and that's what LPython does. I think C++ can also be compiled this way, but the frontend would have to understand basic structures like `std::vector`, `std::unordered_map` as well as arrays (say xtensor or Kokkos, whatever library you use for arrays), and lift it to our high level IR. Possibly we would have to restrict some C++ features if they impeded with performance, such as exceptions --- I am not an expert on C++ compilers, I am only a user of C++.

Most big tech firms give engineers RSUs for this reason

also SBC (share based comp) looks favorably on cash flow statement, because SBC does not decrease EBITDA, thus artificially inflating EBITDA numbers and price target of the company.

How this works: new SaaS startup shows up and shows $10M EBITDA to investors. This does not reflect $5M in SBC.

According to industry averages, bankers apply average (lets say 10x) EBITDA multiple and derive valuation of $100M and invest funds based on that calculation.

Had company paid cash salary instead of RSUs, firms' EBITDA would have been $5M and valuation of $50M - a half of original pitched value

Obviously this is just a naiive textbook example, and actual valuations are more complex and involve several ways of deriving value and multiples, but in general RSU is viewed favorably mainly because it improves Cash Flow from Operations and EBITDA numbers - in addition to creating incentives to employees

Indeed, which are sub class of stock with no power.

So it’s the same story and is effectively a lottery ticket.

RSUs that you can sell are effectively cash, not a lotto ticket.

They depend on the stock which is totally unpredictable

For example, literally the day before I started at my last company, their stock went from $120 to $40

So yes it’s a lotto ticket

I just… sell the stock when it vests? I guess I can see your pov is consistent as long as you consider every stock as a lotto ticket, but I don’t think that’s the typical opinion.

Problem with this approach is RSU grant price is fixed at when you join the company.

You could sign job offer with $1M in RSUs at $100/sh for 10k shares, but you would have vested only $500k worth of shares if price decreases to $50/sh a year after, when you reach cliff vest

So selling at vest does not decrease your risk between RSU grant date and vest date

Ponzi scheme is when the price collapses for something that I don't like, and the more that I don't like it the Ponzi-er it is

That is not what a ponzi scheme is

SWEs at Apple are not "barely able to afford rent"

I'm not talking about SWEs. Who cares about them. I am talking about Apple Store employees, or the dudes behind the 'genius' bar, or Jill from marketing

Techies (at least at meta) are owners in the sense that a large % of their comp is in the form of equity, so it is in their interest for the company to maximize stock price.