2
points
toephu2
Joined 1,272 karma
- 13 points
- Singapore pays its public officials high salaries primarily to ensure the integrity and quality of its government. The official justification centers on attracting top talent who could otherwise command high incomes in the private sector, thereby establishing a "clean wage" that reduces the financial incentive for corruption. Salaries are explicitly benchmarked to the median income of the nation's highest earners.
e.g.,
Singapore PM annual salary: ~$1.63 million USD
Singapore President salary: ~$1.14 million USD
- Yup, Singapore follows this model.
Singapore pays its public officials high salaries primarily to ensure the integrity and quality of its government. The official justification centers on attracting top talent who could otherwise command high incomes in the private sector, thereby establishing a "clean wage" that reduces the financial incentive for corruption. Salaries are explicitly benchmarked to the median income of the nation's highest earners.
e.g.,
Singapore PM annual salary: ~$1.63 million USD
Singapore President salary: ~$1.14 million USD
(These are the highest public salaries in the world for politicians)
- 1 point
- The fact that I'm getting rate-limited every day even though my company has enterprise-level subscriptions to gemini, chatgpt, etc. tells me this bubble is far from popping. I predict within a year 80%+ of devs will be using LLMs to write most of their code for them.
- This is why I format any Windows 11 pre-installed machine and install Windows 10 on it (Windows 10 is much leaner and has less bloatware than Windows 11).
- I can't wait! So where's the app? could not find 'WeatherNext 2' in the appstore. iOS default weather app is notoriously very inaccurate.
- Europe gave us cookie popups on every single website.
- Jeff isn't running Amazon anymore, it's Andy Jassy, who doesn't own a yacht.
- To be fair, there is no public information indicating that Andy Jassy has his own yacht.
- He's already out. Livestreaming his stock trades on X everyday. Probably has less interest in being an officer. He can still short pharma companies freely now.
- "Software Applications Incorporated"... what a very generic company name
- Half the internet goes down because part of AWS goes down... what happened to companies having redundant systems and not having a single point of failure?
- > undercutting humans who need the money.
That's not how capitalism nor the world works..
That's communism and it doesn't work (each according to his needs, each according to his abilities).
Greed and capitalism are what make the world go 'round.
- Same with Asia.
- I don't like the wait time though. I don't want to wait 5 minutes for my Waymo to arrive for a 10 minute trip down to the grocery store when I can wait 0 minutes and hop in my own car and just drive there myself.
I do like autonomous cars though, but they won't completely remove car ownership.
- It won't. You're supposed to open the car door and grab your food.
- We're also still moving thousands of pounds of vehicle around a public highway to carry a 150lb human... so? I don't think it's a big deal. But yes drone delivery would be much nicer...for burritos.
It is highly unlikely that you guys or any individual, even utilizing the latest LLMs will consistently discover an edge that beats the market over the long run.