And now for the world's dullest hot take on the election. Returns are still very unclear so this is going to be a bit meta (thread)
What we know clearly so far is that the polls severely missed in Florida and even if they didn't seriously miss elsewhere they missed major trends and a few things sort of cancelled out
So why did the polls suck? My guess is changes in technology. Back in the day you could call random phone numbers and get decent response rates across the whole population. Now it's pathetic.
You can thank spammers of the world for that. The majority of the time when the phone rings now it's a malicious actor so people just plain don't answer, and sending people query questions via text might be even worse
The betting markets, for their part, were probably skeptical of the poll data so moved everything closer to 50%. Given what appears to be the number of different polling screwups (it's a bit early to be sure though) that was a reasonable call
Clearly there's room for improvement in the poll aggregators. At one point NYTimes was giving North Carolina 95% to Trump and Fox was giving it 95% to Biden. Which is funny, but obviously someone missed
But I think laughing at this is unfair. Given that the news orgs were giving it in the opposite direction of their partisan lean is a strong sign they're trying hard to be objective, and these sorts of needle predictions are new and difficult
That they're even trying is a huge improvement. When watching returns everybody wants to know how the results so far compare to what was expected and how the results are expected to move based on where the returns so far have come from
In the past news orgs didn't even pay lip service to these things and instead reveled in how they were making the audience lose their lunch with technically correct and all-encompassing but actually extremely misleading reporting of early returns
I expect polls aggregation to continue to get better in the future, and the fraction of journalists understanding this whole 'probability' concept goes from 'a lot of them' to 'most of them'.
But if polling is permanently hobbled due to technological changes that's a huge problem. Garbage in garbage out.
I for one am a bit relieved that there has not so far been major disturbances at polling places or allegations of vote counting impropriety. We'll see how that holds up though.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
There's a loud internet movement for approval voting. Approval voting is a bad idea, as I'll now explain (thread)
For those who don't know, approval voting is where voters say yes or no to all the candidates and whichever candidate gets the most yes votes wins. This is in contrast to ranked ballots, where everybody gives rankings of how much they like the candidates from best to worst
Let's consider how this works out in practice. In the most common case there are two leading candidates and then a bunch of others who aren't in contention.
Proof of replication is when the network archives data which users request it to, so there's an archival service which the network performs. Filecoin not only uses proof of replication for service auditing but also for mining.
This is a worse version of what's an already a dubious idea. The technical details of why this is and what tradeoffs can be done to mitigate the issues are very technical and involved. Suffice it to say that Filecoin has failed to find the nonexistant sweet spot.
I can confirm that Justin Sun is every bit the scumbag this article paints him to be theverge.com/21459906/bitto…
As a side note, it's highly unlikely that anyone at Tron actually has the p2p live streaming code I wrote running at this point. Everybody who worked on it before left, and the current product plans take no advantage of it.
P2P isn't about saving money on running a centralized service, it's about enabling anyone who wants to to run their own service with no budget. If you're already pissing away millions on flailing development you don't worry about the bandwidth bill, especially before usage
So there are *ahem* some 'defi' projects which claim to get you risk-free returns on your Ethereum deposits. Time for a not-so-hot take (thread)
First of all, for those of you saying 'Isn't that, like, the classic red flag for a Ponzi scheme?' Well yeah that's a reasonable instinct, but I'll try to make a case for these things and point out more specific problems
First of all, a stablecoin has a business model: Some fraction of the funds are never redeemed, so whenever deposits are made you can keep some fraction as profit. If nothing else, there's some breakage in the system (but more on that later)
Good article on how completely blinkered Robin DiAngelo is. I have a point of disagreement though. She isn't well meaning, she's a scam artist (thread) theatlantic.com/ideas/archive/…
In her diagnosis every company is incurably racist and the only fix is to pay her and her ilk big bucks to manage the problem in perpetuity. If that isn't a white person exploiting the problems of racism for their own self-enrichment I don't know what is
Not that Corporate America is purely an innocent victim here. She's brought in so companies can get their gold star claiming they're doing something about race and not have to do anything else theatlantic.com/international/…
Today's Twitter hack had a modus operandi more like a disgruntled employee than a professional who does this on a regular basis
For one thing, the scale of the hack was huge, more Twitter itself getting hacked than the individual people, like the kind of access a sysadmin gets as part of their job
Far another, the nature of the attack was very crude, like someone who had read about Twitter and Bitcoin and happened across that access doing the sort of attack they'd think of from reading the news