45/47

These are the people that should get Six figure bonuses

This woman takes all of her kids birthday and holiday money. She says that since they get many gifts anyways, they won’t miss the money to spend on frivolous things. Instead she takes their money and saves it in an account that she will give them when they are 18. As soon as people heard she was taking their money, they attacked her saying how greedy and selfish she was taking their money. After hearing what she’s doing with the money, would you say she’s doing the wrong thing?

Will Ferrell says he doesn’t buy ANYTHING for his kids, saying when they travel as a family he flies first class and makes them sit in economy on a whole different airline 😭😂 “they gotta earn it… they just gotta figure it out, I had to”

Why is matchmaking expensive? To illustrate, here’s how I’ll lose money on a client’s $49,000 package. Client is 46, 6’2, exited tech founder. He’s looking for a woman 27-33, very specific criteria around match personality, appearance, and profession. Without diving into specifics, she: • Isn’t easily searchable online... • Isn’t likely to reply when we find her… • Isn’t likely to be single… • Often has a deal-breaker trait we can’t screen for without a phone call… • Isn’t necessarily interested in my client… I was expecting this to be a difficult search, so I quoted $49,000. I wasn’t expecting ~100 hours of labor to find each match, not including communication with the client! To date I’ve spent $45,000 on salaries for the women staffed on his search, plus $2,750 on styling and photos, and we still owe the client 2 matches... Before considering overhead (let alone opportunity cost) this will be a huge L financially. Things balance out though. Most engagements are profitable. Some engagements are quite profitable. For example, a new client in NYC paid $30,000 and paused after his first match, because he’s 99% sure we found his wife. That's still a new relationship, and engagements last 9 months (6 months of active matching + up to 3 months of pause), so we could be on the hook for more work in coming months. But you get the point 🙏

It’s easy to dunk on Geoffrey Hinton for his 2016 declaration that it was “completely obvious” that radiologists would have no jobs within 5 years, while in fact, the number of radiologists has grown. But this prediction was more than a simple mistake. It’s a synedoche for the entire discourse of AI timelines and doom.