I guess they can also do the same without supporting UBI, so there's that..

But also expand through trade and renewables, rather than war and oil.

Much nuance, wow.

And imagine what he could have done if he had done something useful at such a young age!

Knowing Greek, Latin, and Plato is very useful for a philosopher of his times. I’m far from being a fan of Mill’s contributions but he aligned himself well with the western history of philosophy.

But if you imply that philosophy as such isn’t useful, it’s simply wrong, if not arrogant. Everyone needs philosophy.

Definitely a scam.

Who has the burden of proof here?

This is absolutely a scam.

Obviously those who claim to be a scam have the burden of proof. Guilty until proven innocent is not a thing, it’s the other way around.

You have no idea how scams work, do you? Visit this website [1] by the CEO and tell me it's not a scam. Tell me there exists some magical algorithm, where I give you my money and you promise me to 2x it and give it back. Please do tell me that.

[1] https://www.definancetechnologies.com/

I don’t think you understand how startups work.

In startups 2x isn’t enough, you usually expect 100x or 1000x returns. That’s the main idea behind investing: You give your money to someone who may have better use of it so you may get it back multiple but may also lose it.

As for the website you linked it appears to be promoting a trading bot and I don’t see any promise of guaranteed 2x returns, which would have been a scam. Maybe I missed it, can you point it out?

No, I do know how they work. Normal startups close the second they become unprofitable because investors don't like losing money. Or find someone that's willing to pull your sinking ship up (a buyout). Also, if you intentionally lose investors' money, they have the right to sue you for damages. Losing hundreds of thousands of dollars is pretty normal in failing startups, but it's not like they don't have any value. There's a difference between a half-baked legitimate product and a snake oil. However, losing tens of millions of dollars is not normal.

> guaranteed 2x returns, which would have been a scam

They haven't written 2x, but they have promised profits (which is more than 1x): "Sit Back and Watch Your Wealth Grow". That's literally a Ponzi scheme. They're no Medallion Fund because if the algorithm was actually working they wouldn't need to attract people to get more money.

Maybe you should get off HN from time to time and face a reality check.

> Normal startups close the second they become unprofitable because investors don't like losing money

Completely and demonstrably wrong. Startups lose money all the time, thats the idea behind taking other people’s money. Go check out how much money Amazon, Uber, OpenAI and pretty much all startups lost before becoming profitable or are still losing.

I’m sorry I see you are clueless. I wouldn’t be arguing with you any further.

Before you post any further I'd highly recommend watching this series. https://www.youtube.com/watch?v=UFKhprphIAA

You just don't get to spend tens of millions just because.

Good to know mr. investor.

I have this bridge.. it's for sale, interested?

This is most definitely a scam. The battery was not verified to be what they claim it is. It could have been ordered from Temu and packaged to a new wrapping. All the testers did was verify something about how it charges and discharges.

They did not invent in secrecy and zero budget a battery worth a Nobel prize.

This is a scam.

AI has been an excellent excuse for holding back new hires. It might give me a 20% productivity boost, but that doesn't help if my workload increases by 50%.

Exactly this, if you stay on the ship you only get everyone else's job. It sounds like you're more valuable which is the trap, because there is no more money in the banana stand.

I'd rather make -20% less and work with people who don't drive me crazy while having an equity stake in the company. It may not pay off, but I'll tell ya what, my blood pressure is a lot lower!

They're selling me the life of a divorced dad as a goal of some kind. It is amusing to an extent.

It’s telling that targeting “men” has a markedly different effect than targeting “father”. In a real way TikTok has an opinionated viewpoint of what is important to men and being a father is not one of them

> the same questions keep getting asked over and over.

More user engagement, users spend more time on the platform. These companies don't have the best interest of users in mind.

Where did they get the notion that the EV of overhiring was high by any measure?

There is a reality where the COVID boost tech companies had would persist after COVID is over. The small chance of such a future raised the EV.