Yeah, you are being pedantic. The clear meaning is that you're not just allowed to insure arbitrary properties.
If you wanted to correct a misconception, you should provide a better, more complete understanding, not just express frustration about a misconception that doesn't even exist outside of an uncharitable reading.
In this case, that means refining the point to the more accurate model, that you need an insurable interest -- i.e. reason you don't want the event to happen, even knowing you'd get a payout[1]. Your counterexamples only work as such because that exists![2] If you want to fix all the people who don't have your superior understanding, that would have been a great way to help them out.
>I'm not sure where this false premise started but alot of people believe it.
It exists because it's approximately true: you can't get insurance on 99.99999% of buildings in the world because you have no insurable interest in them. And any time someone could correct that false premise, they probably just complain rather than providing the complete understanding -- exactly the choice you just made here.
>This essay on Japan's corporate diversification and physical tacit knowledge is an interesting read. However, as an East Asian, my assessment is that this system is heavily driven by Japan's unique, subtle classism. It's a highly collectivist society with strict age-based milestones and immense pressure to secure traditional employment. In Japan, your corporate affiliation often dictates your social standing.
Related: In most of the world, carmakers separate out a luxury brand from their other products: Honda with Acura, Toyota with Lexus, etc. In Japan, they don't. The explanation I usually get is that the culture primarily associates luxury with "being attached to the big-name corporation". So you don't really improve on that by introducing another smaller brand, even one you build up as luxury.
See also the patio11 comment:
>>My salary was $30k, but there is some tangible value in having a pocket full of business cards which practically read "Attention, person who has just been handed this card: give the bearer whatever he wants. We're good for it. If you don't, we will remember." That status is very much not the same as the one you get if you combine two part-time jobs into the same level of income.
Acura has never been used in Japan. NSX and Integra are Honda models. Toyota introduced Lexus domestically in 2005. Their older Lexus models had Toyota equivalents, often as variants of the Toyota Crown which was their original luxury tier car.
That is accurate. Acura and Lexus were brands created for the US market. The original Integra was badged as Honda in Japan and Acura in the US, for example. A TLX or whatever is just a top trim Accord.
Lexus didn't enter the Japanese market as a brand until 2005, prior to that all Lexus models well sold under the Toyota moniker in the Japanese market. I'm not sure about Acura, but the GP's assertion is largely correct in its directionality.
I can confirm this is true for Acura. I owned an Acura Legend and the same car was sold in Japan (well, the right-hand drive version) as the Honda Legend. I had seen pictures of them online in the 90s, but happened to see a Honda Legend in person when I was in Tokyo some years later.
Yeah I'm hesitant to take a strong opinion on this given how many of the replies could themselves be AI, or humans counter-trolling by baiting him to say "aha! I got you!" to the most over-the-top examples.
That said, it has definitely pulled some real humans out of the woodwork to give their real opinion that "yes, I'm influenced/duped by context and that's a good thing". And that's an accomplishment.
Heh, one time when I got this style of question[1] (but for JavaScript), I took a glance at it and said "Um ... you really shouldn't write code like that." The interviewer replied, "Oh. Yeah. Fair point." And then went on to another question.
[1] By which I mean predicting the behavior of error-prone code that requires good knowledge of all the quirks of the language to correctly answer.
Yeah, I was surprised to learn that Ticket to Ride (downloaded on Steam) uses like a half gigabyte, but the most data-intense thing it does is a few musical tracks and 2D images with scaling. They fit Final Fantasy 3 (SNES) with 3 CDs of music (albeit low quality) and Mode 7 graphics for the airship onto like 3 MB.
I would confidently state that in terms of hours of enjoyment per byte, nothing can come even close to the 16-bit era. I can't count how many hours of Super Mario World I played. 512 freakin KB. I don't think anything will ever come close to it - and even if you measured one full typical playthrough.
>They fit Final Fantasy 3 (SNES) with 3 CDs of music (albeit low quality) and Mode 7 graphics for the airship onto like 3 MB.
Sure, the good old days where _all of this didn't work without specialized hardware that you bought with every single cartridge_. Mode 7 didn't come for free, it was an entire additional, single purpose chip in the cart on a console that didn't have any concept of task management or even OS. But hey, if you want to have to plug in and swap PCIE cards for each piece of software that you want to run, feel free to reinstall DOS.
Goodhart's law does not cleanly apply here, because the group cares about more than making money, and would bear all the costs of not doing (what observers regard as) being in their interest -- both in that case, and whether potential counterparties regard it as being predictable enough to make reliable long-term agreements with.
To illustrate with an example, your point is like saying that if we had a prediction market for "Will the United States cede Texas to Mexico in 2026?", then the US government would give up Texas just to get that sweet sweet prediction market payoff.
I would agree with a smaller point, that an org would accept minor tweaks it doesn't care about in order to game a market, but this just means it can tolerate being unpredictable about lower-order bits of its decisions. You see that in cases like Trevor Noah making a minor change to a speech to influence a particular bet.
Even on old.reddit, it breaks the back button. When you navigate back, it usually reloads the entire page you were on and ignores all your collapse actions on conversations.
Hmmm this is interesting. Because I've long had the complaint that notifications are frustratingly ephemeral. There have been many cases where I've gotten a notification that my phone clearly has but which I can't read, because when I tap it, it's purged permanently, and then I have a spotty internet connection, so I can't see it in the actual app that loaded.
I'm always like "JFC, can't you cache the notifications, so I can see it there while waiting for the app to gets its act together?" But no, that's never an option.
So I'm getting a laugh out of how notifications last long enough to be extracted by someone just not the person that they're for. (Though to be fair, it could be a case of a notification that was never tapped, and therefore hadn't been purged yet. I couldn't tell from the story.)
If you wanted to correct a misconception, you should provide a better, more complete understanding, not just express frustration about a misconception that doesn't even exist outside of an uncharitable reading.
In this case, that means refining the point to the more accurate model, that you need an insurable interest -- i.e. reason you don't want the event to happen, even knowing you'd get a payout[1]. Your counterexamples only work as such because that exists![2] If you want to fix all the people who don't have your superior understanding, that would have been a great way to help them out.
>I'm not sure where this false premise started but alot of people believe it.
It exists because it's approximately true: you can't get insurance on 99.99999% of buildings in the world because you have no insurable interest in them. And any time someone could correct that false premise, they probably just complain rather than providing the complete understanding -- exactly the choice you just made here.
[1] IMO, this is the natural dividing line between gambling and insurance https://news.ycombinator.com/item?id=13916088
[2] Edit: And in your building collateral example, the policy would prevent you from double dipping -- getting both the building and the full payout.
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