quantmaxxer

201 posts

quantmaxxer

quantmaxxer

@quantmaxxer

free range

London, England Katılım Ağustos 2021
107 Takip Edilen45 Takipçiler
quantmaxxer
quantmaxxer@quantmaxxer·
@W98AB yeah bonus is the differentiator, i've heard of middle/back office dev bonuses being 1-2k whereas the FO grads get about 15-20% as juniors
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Bill
Bill@W98AB·
@quantmaxxer sounds about right, although I dont think theres a lot of differentiation in pay vs devs in london starting out, maybe the bonus is bigger if youre working with the front office
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quantmaxxer
quantmaxxer@quantmaxxer·
@W98AB 2019 jpm FO dev grad TC was 55ish if i remember rightly
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Bill
Bill@W98AB·
£52k natwest, jpm will be 10-20% better if I had to guess
Bill tweet media
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quantmaxxer
quantmaxxer@quantmaxxer·
@rebecca_ryder21 Have a family friend that does contracted deliveries for the NHS his first few bids were rejected because they were so far below the competition that the admin didn’t think he was serious. He asked one of the office staff what the issue was and she told him to add a 0.
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Rebecca Ryder 💙
Rebecca Ryder 💙@rebecca_ryder21·
NHS hospital: I noticed the clock on the wall showed the wrong time. A nurse told me they knew, but they wouldn’t report it because replacing the battery through the NHS would cost £70. A £2 battery... £70. How? Why? That's when I began to dig further. 🧵
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quantmaxxer
quantmaxxer@quantmaxxer·
@corsaren even in the age of AI the perennial “we must replace excel with code” meme lives on, nothing ever changes…
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corsaren
corsaren@corsaren·
Tried this. Didn’t work. Spreadsheets are GOATed, sorry nerds. If you want, try actually designing the ideal financial modeling product from first principles. The result, I promise you, will be a spreadsheet.
andrew chen@andrewchen

prediction re the end of spreadsheets AI code gen means that anything that is currently modeled as a spreadsheet is better modeled in code. You get all the advantages of software - libraries, open source, AI, all the complexity and expressiveness. think about what spreadsheets actually are: they're business logic that's trapped in a grid. Pricing models, financial forecasts, inventory trackers, marketing attribution - these are all fundamentally *programs* that we've been writing in the worst possible IDE. No version control, no testing, no modularity. Just a fragile web of cell references that breaks when someone inserts a row. The only reason spreadsheets won is that the barrier to writing real software was too high. A finance analyst could learn =VLOOKUP in an afternoon but couldn't learn Python in a month. AI code gen flips that equation completely. Now the same analyst describes what they want in plain English, and gets a real application - with a database, a UI, error handling, the works. The marginal effort to go from "spreadsheet" to "software" just collapsed to near zero. this is a massive unlock. There are ~1 billion spreadsheet users worldwide. Most of them are building janky software without realizing it. When even 10% of those use cases migrate to actual code, you get an explosion of new micro-applications that look nothing like traditional software. Internal tools that used to live in a shared Google Sheet now become real products. The "shadow IT" spreadsheet that runs half the company's operations finally gets proper infrastructure. The interesting second-order effect: the spreadsheet was the great equalizer that let non-technical people build things. AI code gen is the *next* great equalizer, but the ceiling is 100x higher. We're about to see what happens when a billion knowledge workers can build real software.

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Andrew Jiang
Andrew Jiang@andrewjiang·
The brilliance of @karpathy is being able to distill vastly complex concepts and make them simple to understand and implement at a small scale. All it took was Claude Code and $10 on @runpod to spin up a single H100, and I had a world class ML researcher working on autopilot. I'm taking the general concept of autoresearch and applying it to an inference pipeline I've been working on (no GPU needed thankfully). Everything is so fun now.
Andrew Jiang tweet media
Andrej Karpathy@karpathy

I packaged up the "autoresearch" project into a new self-contained minimal repo if people would like to play over the weekend. It's basically nanochat LLM training core stripped down to a single-GPU, one file version of ~630 lines of code, then: - the human iterates on the prompt (.md) - the AI agent iterates on the training code (.py) The goal is to engineer your agents to make the fastest research progress indefinitely and without any of your own involvement. In the image, every dot is a complete LLM training run that lasts exactly 5 minutes. The agent works in an autonomous loop on a git feature branch and accumulates git commits to the training script as it finds better settings (of lower validation loss by the end) of the neural network architecture, the optimizer, all the hyperparameters, etc. You can imagine comparing the research progress of different prompts, different agents, etc. github.com/karpathy/autor… Part code, part sci-fi, and a pinch of psychosis :)

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quantmaxxer
quantmaxxer@quantmaxxer·
@mkurman88 I have found the total opposite, funnily enough. Agents in existing codebases still to this day love reinventing the wheel and ignoring existing utils etc. Haven’t been able to fix this with any model. Most of the time we’re finding it’s still much faster to add/improve by hand
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Mariusz Kurman
Mariusz Kurman@mkurman88·
After two months of heavy "coding" with AI agents, I have one conclusion: if your codebase already exists, is fully human-written, and you use agents to add or improve features, it works great. However, when you try to create something new from scratch, they tend to add so much overcomplicated spaghetti code that it's hard to maintain in the long run. No matter which coding model you use, sooner or later, you'll hit a wall you can't break through.
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Cathryn
Cathryn@cathrynlavery·
your terminal in 4 upgrades: 1. ghostty — the terminal itself. fast, native, beautiful. finally one worth using. 2. tmux — sessions that survive anything. split panes, detach, come back later like nothing happened. 3. fish — autocomplete that actually works. syntax highlighting. no config needed. 4. starship — a prompt that shows you what matters (git branch, exit codes, env) without slowing you down. use: brew install tmux fish starship + ghostty .org your future self will thank you
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quantmaxxer
quantmaxxer@quantmaxxer·
@CarMarinkovic @tszzl she’s a big “caesar was a tyrant and a monster” girl make of that what you will…
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Carlos Marinkovic
Carlos Marinkovic@CarMarinkovic·
S.P.Q.R. was the first book I read about Roman history —picked out by random at a used book store. The whole thing felt rushed, uninspired, and drenched in a feeling that it came from someone who was making an intensive effort to mainly debunk the reasons why anyone would find Roman history interesting. I had never encountered such terrible aftertaste from a history book before, particularly despite a very strong excitement prior to reading. I later found out how much criticism of the author existed out there, and any other time I would have thought it was faux and unjustified given its nature, but having come from someone who approached her work with both neutrality and genuine interest, I find such criticism to have much justification. @alokranj, the good news is that you will find other existing work on the subject to be superb once you get into it.
roon@tszzl

@alokranj this books sucks so bad it’s unreal she somehow makes even Roman history unenjoyable

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Ivan Alexander Jaen
Ivan Alexander Jaen@ijaen·
@alexanderrX_ Why drinking on a Thursday when clearly the next day lots of people will not be productive… I have never understood why on Thursdays and not a Friday…
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Alexander
Alexander@alexanderrX_·
london thursday evenings are unmatched. no other city comes close. yes it has its downsides but the social scene is something else. give it 10 years and it becomes the sf of europe when companies decide to leave us
Alexander tweet media
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quantmaxxer
quantmaxxer@quantmaxxer·
@signulll the only people who believe the performance on the right hand side are people who are bang average at best, anybody working in those fields day to day can see the gap between reality and benchmarks is huge
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signüll
signüll@signulll·
if you showed this chart to a typical economist like 20 years ago, they would've laughed you out of the room. the right side of this is white collar jobs that were once worshipped. these jobs were comfortable, well paying, & came with societal status + recognition. your parents would’ve been proud of you. now these are likely all set to be severely impacted in a shorter period of time than anyone likely ever thought of let alone projected. this is like ppl waiting on a beach enjoying the sun when a tsunami has already struck.
signüll tweet media
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quantmaxxer
quantmaxxer@quantmaxxer·
@tekbog judging by my wife's response to the pink i cannot believe how much money Apple are leaving on the table not rolling this out across their whole product range
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Christopher Snowdon
Christopher Snowdon@cjsnowdon·
Sunrise will be 6.37am GMT tomorrow (7.37am BST), five minutes earlier than it was when the clocks changed to Hitchens Time in October and yet we have another 4 weeks of this nonsense to benefit imaginary milkmen.
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quantmaxxer
quantmaxxer@quantmaxxer·
@ToKTeacher @peterrhague having a wide range of formulas memorised is incredibly useful for physics & maths and if you don’t have them to easily draw from you miss out on tonnes of possible creativity, it’s a core skill for physics and deeply underrated
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Brett Hall
Brett Hall@ToKTeacher·
@peterrhague Helps *for some*, sure. But the better approach if we’re going to do exams at all as “assessments” - or whether assessments are needed at all - is to cater for all comers as much as possible. We want diverse creative minds in science (and elsewhere). Not disciplined calculators.
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Alexander Louis Sallons
Alexander Louis Sallons@sallonsax·
Literally don't need a motorway we need better rail links. We need a direct rail line to Kent. We need a 2nd mainline to London. We need another line along the coastal route. Give Brighton and Hove better railways!
Tom Harwood@tomhfh

@peterrhague one day

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quantmaxxer
quantmaxxer@quantmaxxer·
@diandrasdiandra my old ceo used to get flown in from luxembourg every weekend and put up in a company penthouse during the week, it’s not that unheard of
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quantmaxxer
quantmaxxer@quantmaxxer·
@thomasforth meanwhile in greenwich labour are running on a policy of a windfall tax on property developers to “fund local services”
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Tom Forth
Tom Forth@thomasforth·
I don't know. I don't think it's very likely to happen. And I agree with Luis that AI won't smash down rent seekers in London directly. But I can tell a story about how AI improves London's housing problems because it enables the big British cities that will build to compete.
Tom Forth tweet media
Luis Garicano 🇪🇺🇺🇦@lugaricano

No, the white collar jobs are not going away in 18 months! I was furious with the populist-baiting language (in line with @DarioAmodei 's and @sama's also preferred apocalyptic usage) that Microsoft's @mustafasuleyman used in his FT interview, threatening everyone's jobs: “White-collar work, where you’re sitting down at a computer, either being a lawyer or an accountant or a project manager or a marketing person — most of those tasks will be fully automated by an AI within the next 12 to 18 months.” Not only do I not see the point of this backlash inducing language, I also believe it shows no understanding of the way the labour market and organizations actually works and what people do all day. (My book on this with Jin Li and Yanhui Wu will be out soon.). Don't get me wrong: I believe AI is a huge deal, and will radically change the world. But many white collar jobs are Messy jobs, as our book (and the post linked below) will explain: automating the automatable tasks within them is not near to automating the job. Let me make the point with the attached @jburnmurdoch graph on London. London needs 88,000 new homes per year. In the first nine months of 2025, just 3,248 private homes started construction. Twenty-three of London's thirty-three boroughs recorded zero new housing starts in the first quarter of 2025. Planning permissions have fallen to their lowest level since records began in 2006. Construction of new rental homes fell by 80 percent in a single year. All this is after Starmer declared his government wants to "build, baby, build." Does anyone think AI will fix this? All the technology to design a building exists, and existed pre-AI. The bottleneck in London housing is human. What stops homes from being built in London are environmental and land use regulations and neighbors that weponize them. AI can draft the review, but that is a trivial bit. It cannot convince the environmental group to drop its lawsuit or persuade politicians or negotiate with the neighbors. These obstacles employ people. Suleyman and Amodei imagine that project managers spend their days doing Gantt charts, call their job "sitting down at a computer" and dream of automating them. But the job of the planning guys is not to fill in forms, but to negotiate and coordinate developers, residents, environmental groups, heritage bodies, and elected politicians who all have incompatible interests. At other levels and in other jobs the same is true- radiologists spend only 1/3 of their time reading scans (see this great piece worksinprogress.co/issue/the-algo…). Their job was supposed to be gone in 2017; in fact, the demand for radiologists is booming (employment and wages are sharply up). Many consultants try to elicit the tacit, local, knowledge of what is actually going on in a firm in order to make a recommendation. Yes, if you spend your day just doing PPTs, you will be replaced. But how many people do just that? Organisations/managers resolve conflicts and deal with exceptions. Making a decision stick requires authority: being a person who can be blamed, sued, or fired. The manager resolves disputes about the rules, not just within them. Think of your last renovation in your house. The contractor trying to to get the guy installing the windows and the guys from the floor to show up and do a good job, a mess right? No algorithm does that. AI will make white-collar workers more productive. Some single-task, automatable roles will shrink (doing taxes is an expert system, drafting contracts too), many tasks will be automated. Also, the disruption of career ladders is a real concern. But "most tasks fully automated in 18 months" is not a prediction. It is marketing, designed to sell enterprise subscriptions and justify capital expenditure. The real world is messy. The mess is not a bug. It is what happens when human beings with competing interests try to get things done together. For more on "Messy Jobs", here is my New Years post: siliconcontinent.com/p/a-new-years-…. A book out soon.

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quantmaxxer
quantmaxxer@quantmaxxer·
@meadwaj I grew up in TH and even 20 years ago it was the antithesis of multiculturalism, where are you living? Not the poor bits I imagine
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James Meadway
James Meadway@meadwaj·
Tower Hamlets, where I live and work, sends the online far right into a frothing, unhinged rage because they hate the fact that a multicultural society can be built, and has been built. The problems the borough has are those of poverty and inequality, same as everywhere. I <3 TH.
James Meadway tweet media
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quantmaxxer
quantmaxxer@quantmaxxer·
@estentzcrypto @theisaacmed agree - i’m personally bullish on the junior dev job market picking up/being bigger than ever for this reason tbh, the multiplier effect is huge now for basically every small/less techy business with AI + someone moderately techy to reduce & blame for the mission critical risk
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estentz 🦇🔊
estentz 🦇🔊@estentzcrypto·
@quantmaxxer @theisaacmed That's fair, given mission critical stuff. Though I think with just a tiny bit of technical knowledge you can account for that.
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isaac
isaac@theisaacmed·
You don’t understand. I was using Claude to help me set up some formulas for an excel sheet that I use to forecast revenue. Claude suggested we build a web app instead due to limited excel functionality. I then spent 3 hours standing up a full web app that is an interactive cashflow model that is fully custom to my business and has more robust capabilities than excel. It sends me a slack message if things dip below a certain $ amount. Flags me if I need to review something that our team is doing. It auto populates data from Quickbooks and sends an email to our internal bookkeeper if there is an error. I am not technical. It walked me through setting up a db. Setting up Vercel. I can ask for any feature I want and it can seemingly add it and walk me through updating GitHub. I can ask questions. It doesn’t get annoyed It feels like a video game.
isaac tweet media
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quantmaxxer
quantmaxxer@quantmaxxer·
@estentzcrypto @theisaacmed i agree there’s a decent probability that AI gets good enough at some point, but i don’t think we’re anywhere near close to non-tech/devs being able to safely manage a business critical tech stack & the risk is much higher than most seem to believe in the short term
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estentz 🦇🔊
estentz 🦇🔊@estentzcrypto·
@quantmaxxer @theisaacmed I don't know, I think there is a high probability the AI gets good enough to manage the repo before the tech debt gets too burdensome. Also, migration is so much easier with AI.
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