That’s not true, he has debunked that. It’s due to repeated practice and his confidence in his skill set that he doesn’t feel fear under those conditions
When I go out running a might feel a twinge in Achilles. Or a pain in my knee. Maybe I'm just tired.
When that happens I have to do a mental inventory and ask myself, "Am I better off finishing the run or should I just bag it and take tomorrow off?" Two things; firstly every run hurts a little bit - especially the first mile. I usually get into a groove and sometimes, very rarely, I really have gotten to that place where I'm feeling no pain and a run seems like less effort then a walk - mostly though the nice part of a run has an undeniable unpleasantness bound up with it. I like being able to go out for a run though so I put up with the bad. Second thing. I'm an unreliable source. For all the reasons I just talked about I don't trust my ability to take stock of my physical state. I do occasionally take off or skip for days at a stretch but it's like candy - I don't trust it because I like it so.
Here's the thing. If I get that balance wrong I end up walking in the middle of my run.
I imagine Honnold has to do that same self assessment. If he gets it wrong he plunges to his death. Which - to my mind - is totally crazy. Takes all kinds though.
How do I square "he has debunked that" with the article about his brain fMRI and the results about his amygdala, linked above in this subthread? It's full of direct quotes from both Honnold and the doctors. Where did he debunk it... and how? He's got a more accurate analysis than the fMRI? Do you have a link?
Well, it always seems a race to the bottom. Remember when Google was good until SEO got involved? I imagine a similar arms race will happen with LLMs. And with sports, every new rule ends up being abused. Last time I attended a basketball game, the last quarter was basically just constantly whistles from the ref.
This isn’t the financial engineers. This is just greedy lenders preying on consumers by offering them loans they really can’t afford, and people constantly bombarded by marketing messages telling them to spend beyond their means and finance it with credit. The financial engineering here is basically zero.
Probably most people outside the Wall St bubble don’t care very much. However if some of these financial institutions take big hits that could cause ripples in the broader “real” economy that might have a bigger impact. Given the current backdrop of inflation and uncertainty due to tariffs etc this could be bad but it’s hard to say how bad.
Although people have tried to make the financial system more resilient since the 2008 crisis, it’s really impossible to say how well those measures will hold up until they are really tested, which isn’t a very comforting thought. It’s very unlikely (in my opinion) that things melt down in exactly the same way as last time, but there’s nothing to say they won’t find a new and exciting (slightly) different way to melt down. Financial engineering isn’t the only thing that can cause a financial crisis.
It's not like the government has been carefully introducing new, strict regulations on the things they were doing that got us into the crash once we've recovered from it. We just...let things stay as they are. Because half of Congress is white-knuckle gripping the steering wheel trying doggedly to keep us pointed toward the cliff, and the other half is dithering about wondering if it's too rude and partisan to gently take the wheel and try to turn it away from certain doom.
My mother is in this situation. All of the assisted living facilities in mher area are either owned by Private Equity or are way too expensive. She has no choice other than to age in place. It’s terrifying for both of us.
Sounds like it’s a force multiplier, both on the good and bad side. That lines up with what I have seen. It’s hard to tell if it’s a net positive or negative.
More directly, they don't care about the crash, because some of them either can profit from the crash or more generally are incentivized to think they should extract all value right up to the point of crashing and not a second less, because that is leaving money on the table
I see it as an extension of the tragedy of commons, no individual wants to destroy the finite resource, but everyone exploiting it to exhaustion always will
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