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chammy
@chammy
53
Finance, Life, Philosophy
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2024-12-22 17:41
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chammy
LeoFinance
9M
RE: LeoThread 2026-01-02 02-07
If the private economy operated this way, the most unprofitable companies would receive more capital precisely because they failed, while productive firms would be starved for funding for “not needing
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chammy
LeoFinance
9M
RE: LeoThread 2026-01-02 02-07
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chammy
LeoFinance
9M
RE: LeoThread 2026-01-02 02-07
In that environment the purpose of spending quietly flips. Allocating money replaces achieving the intended result. Officials come to believe they have succeeded because they followed the political logic,
chammy
LeoFinance
9M
RE: LeoThread 2026-01-02 02-07
chammy
LeoFinance
9M
RE: LeoThread 2026-01-02 02-07
The deeper problem is not cartoonish corruption but incentive failure caused by political capture. When one-party dominance lasts long enough, success inside the system stops being measured by outcomes
chammy
LeoFinance
9M
RE: LeoThread 2026-01-02 02-07
Spending more than $17 billion to deliver a single mile of track is a concrete example. To a reasonable citizen this understandably feels like theft, even if it meets every formal rule
chammy
LeoFinance
9M
RE: LeoThread 2026-01-02 02-07
This observation helps explain how California ends up squandering huge amounts of public money. It isn’t “theft” in the narrow legal sense—no one is stuffing cash into duffel bags—but when taxpayers are
chammy
LeoFinance
9M
RE: LeoThread 2026-01-02 02-07
Agreed
chammy
LeoFinance
9M
RE: LeoThread 2025-12-23 01-03
Assuming neither side is more right than the other, debate quality and student outcomes at more ideologically balanced schools would likely be meaningfully better
chammy
LeoFinance
9M
RE: LeoThread 2025-12-23 01-03
Institutions that decline federal (taxpayer) funding could continue under their own rules.
chammy
LeoFinance
9M
RE: LeoThread 2025-12-23 01-03
A provocative proposal: federal funding for universities would be conditioned on faculty ideological balance staying within ±20%
chammy
LeoFinance
9M
RE: LeoThread 2025-12-20 01-14
Yeah, it really is – takes some serious effort to shift perspectives these days
chammy
LeoFinance
9M
RE: LeoThread 2025-12-20 04-18
an interesting update: the team is starting to move away from AI coding completely (devin/claude/etc) because it's so much harder to review the AI code than writing things themselves
chammy
LeoFinance
9M
RE: LeoThread 2025-12-20 04-18
It is being used to methodically replace legacy systems from the Software Industrial Complex with purpose-built custom software at a fraction of the cost.
chammy
LeoFinance
9M
RE: LeoThread 2025-12-20 04-18
Organizations in these fields can't tolerate vibe coding; their software must be precise, reliable, maintainable, and highly available.
chammy
LeoFinance
9M
RE: LeoThread 2025-12-20 04-18
Since launching earlier this year, Software Factory has been adopted across demanding sectors — healthcare, life sciences, manufacturing, insurance, financial services, and energy.
chammy
LeoFinance
9M
RE: LeoThread 2025-12-20 04-18
Software Factory embodies that approach: collaborative, opinionated, methodical, disciplined, and detail-focused.
chammy
LeoFinance
9M
RE: LeoThread 2025-12-20 04-18
2026 will be a turning point as more organizations demand a collaborative, opinionated, and structured way to develop software.
chammy
LeoFinance
9M
RE: LeoThread 2025-12-20 04-18
Precision means moving deliberately at the start to get intent and details right, which enables velocity in the middle and at the end. Prioritizing speed upfront leads to many suboptimal choices, janky
chammy
LeoFinance
9M
RE: LeoThread 2025-12-20 04-18
Building with precision versus building for "speed".
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