Tyler Menzer

19.7K posts

Tyler Menzer

Tyler Menzer

@Tyler_Menzer

PhD CPA Assistant Professor at @TCU. Argues with people who agree with me. Official Matt. All views are my own. (He/Him) @ menzer on the other one

Katılım Temmuz 2010
800 Takip Edilen905 Takipçiler
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
Just putting this here for future reference anytime someone says: "but I have never been audited on it" #taxtwitter AICPA SSTS 2.1.8(a)
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@MaxJerneck @meilaoban I agree with that, I think anyone who has ever seen a factory farm would say it just isn't right, whether vegetarian or not
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@Josh_Merfeld I dont think firms have completely figured it out, but they are basically spending a ton more $ to hire people and given them a year or two of on the job training through things like rotational programs and retention is way up, so the need for new hires is expected to drop 2/2
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@Josh_Merfeld Honestly we are going through it right now (and actually for 5-10 years) in accounting. Even before AI, entry level tasks were being aggressively offshored, and now more are being done at least partially by AI 1/
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@moultano That idea was around way before EA. It is actually fighting against two similiar forces not one though. The first is gift like you mentioned, but the second I would call over "business-ification", the tendency to try to run non-profits as a money in, money out business
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Ryan Moulton
Ryan Moulton@moultano·
IMHO, the most valuable innovation from EA is that you want to operate a charity like a business, where some quantitative measurable success metric substitutes for profit. If you don't do that things rapidly get fluffy and dumb, and you waste all the money.
Andy Masley@AndyMasley

EA ideas suffer from a particular problem where many people who've been significantly influenced by them still feel like endorsing any part of the worldview means endorsing all the people and orgs who are currently operating under the EA umbrella. But the ideas are general enough that this seems like saying you can't identify with capitalism without vouching for every self-described capitalist. I think this is an underrated reason more people aren't vocal about the EA ideas they've found valuable. And I'd like to see that change. I don't really care whether someone calls themselves "an EA" or want them to endorse any one thing that's happening or make the brand high status. It's because it's a real deep loss when people can't even point their audience toward the ideas that shaped how they think about the world. The ideas deserve guideposts pointing new people toward them. There are plenty of influential people who I know have been shaped by the basic EA framework who could serve their audiences well by just saying what they liked and what they didn't, but that influence stays mostly invisible unless you already know to look for it. I think it's on people into EA to show that in promoting specific ideas we're not just trying to make the brand or people high status, but it's also on people who have been influenced a lot by these ideas to take a bit of a leap for the sake of the ideas themselves.

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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@animalologist I would want more information on exactly what "1 in from impact" means AND the physics of teleportation around inertia. Depending on those answered it could potentially be a guaranteed (or high %) death sentance
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@isaiah_bb Just pointing your graph shows ~$500k home price, and 20% (not always required, but a decent rule of thumb) would be $100k+ cash after closing costs and such. It's probably high, but given your response, it actually would pretty much be right there
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@ben_golub I would be willing to give it a try for tax law questions that I regularly have
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Ben Golub
Ben Golub@ben_golub·
Refine is a tool that my team and I developed for world-class feedback on, well, any reasonably complicated document. We have a new product for law - if you're a lawyer and are willing to give our alpha a spin, please DM me! (and please RT if lawyers follow you - thanks!)
Ben Golub@ben_golub

Great piece by @SoumayaKeynes on AI in economics in today’s FT (link at end) mentioning @RefineInk. Indeed, @RefineInk regularly catches issues that need correcting but are missed by even the most rigorous current review processes. a short 🧵 1/

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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@MaxJerneck @meilaoban I just to be clear, I am not trying to do a "gotcha", I legitimately think this is a hard question to have a coherent answer on, and am always interested to hear where peoples lines are between what is moral vs. immoral
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@MaxJerneck @meilaoban But what makes it different for humans, who are also predators? Is the morality purely about messing with ecosystems? Then is eating corn also immoral because we have changed the great plains to grow it? Was the creation of most food crops through selective breeding immoral?
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@MaxJerneck @meilaoban Is it morally wrong to not stop animals from eating other animals if we have the ability and power to do so?
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Max Jerneck
Max Jerneck@MaxJerneck·
@meilaoban Behaving like an animal is usually considered the opposite of behaving morally
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Tyler Menzer retweetledi
Jeff Hoopes
Jeff Hoopes@JeffLHoopes·
Andrew Belnap and I recently did a survey of tax directors about the CAMT. It is really complicated and hard to comply with, yet few people actually pay anything. The worst of both worlds!
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@RobertFreundLaw That is just a really bad prompt, not even getting into the AI part of it. Might as well say: "Draft an employment agreement" and then Ctrl+H "employee" for "Independent contractor"
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
Just to be clear, if you have an agreement that details in very specific terms what someone must do, how they do it, when they do it and then add-in broad confidentiality clauses and non-competes, you are generally describing an employee.
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
🤣 I know there won't be, but I hope there's a john doe summons of AI companies for chat logs in a couple years to identify prompts like these, but I have an easier one: "Draft a strict employment agreement, but mention as many times as possibly it is for an IC relationship"
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@ForemanTaxLaw @EmDeeEm I am curious about the specific case law, my sense is that when the companies say "HIFO" what they really mean is specific identification to sell the highest cost basis first
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Matt Foreman
Matt Foreman@ForemanTaxLaw·
@EmDeeEm If I had a reddit account, I would back you up, but there's case law on this and boy howdy HIFO is not a thing
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@cafreiman It is more efficient in some ways, but the information flow is where I have issues. It isn't clear to me that the additional frictions reduce a lot of the benefits outside emergencies (stores are already REALLY good at inventory management)
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Chris Freiman
Chris Freiman@cafreiman·
Surge pricing is good—if a store is running low on ice cream (for example), it can conserve the supply by instantly raising the price and reserve the remainder for those who value it the most (plus, the store can quickly lower prices if a product isn’t selling).
More Perfect Union@MorePerfectUS

Walmart is rolling out digital price tags at all of its stores. At the same time, the corporate giant just secured a patent for "dynamically and automatically updating item prices.” Plus another patent for using machine learning to predict demand and recommend prices.

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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@captgouda24 I am fine with ethanol production, but we should be growing grasses for it that require no additional water, fertilizers, and grow in areas that otherwise wouldn't be suitable for food Corn is about 350g/ac, switchgrass is 1,150g/ac and has 2x the efficiently on the output side
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Nicholas Decker
Nicholas Decker@captgouda24·
Another thing -- corn is considerably more water intensive than wheat. If you're concerned about water usage, stop worrying about data centers -- it's the massive acreage changing over from wheat to corn in Kansas you've got to worry about. And that's using an aquifer too!
Nicholas Decker@captgouda24

About five percent of the total caloric production of the world goes to making ethanol, which doesn’t even reduce emission! Learn why we should get rid of the Renewable Fuel Standard here: nicholasdecker.substack.com/p/get-rid-of-t…

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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@diptinto @lymanstoneky Do they calibrate randomly in different years? Cause that explanation doesn't really make sense with English & Biology in 2022, Chem in 2023, and History/Govt in 2024
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A@diptinto·
@lymanstoneky They calibrated the scores against college grades which had become more lenient since the previous calibration
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