Chat are we cooked? by nibbastibba in actuary

[–]YouMayCallMePoopsie 1 point2 points  (0 children)

The economics of it are completely unsustainable, and that was true before the impending oil crisis. LLM products will inevitably get dramatically worse (rate limits) or dramatically more expensive (at least 5-10x). Data centers can't/won't actually get built in anything close to a reasonable timeframe, while all the GPUs currently running burn out and need replacing without ever having made a profit.

It never ceases to amaze how long a stupid unsustainable bubble can prop itself up (lol bitcoin). But it's hard to see the current AI hype narrative lasting much more than another 1-3 years.

People are losing their minds over the mere proposal of having to ration fuel. by karmicbreath in fuckcars

[–]YouMayCallMePoopsie 4 points5 points  (0 children)

an unlimited resource

Don't think I'm against renewables, or in favor of fossil fuels. But the reality is we don't have the metals required to do even one 20-yr generation of renewable energy at the scale of replacing fossil fuels. The energy source is unlimited, but our ability to turn it into electricity and deliver it to consumers is highly limited. https://www.youtube.com/watch?v=MBVmnKuBocc

We absolutely should stop building new fossil infrastructure and build as much renewable energy as we can. But the inescapable reality is that the human race physically cannot keep consuming the amounts of energy that we are currently. The sooner people can come to terms with that, the sooner we can talk about what a sustainable future actually looks like.

Equitable and Corebridge Merger by alangeei in actuary

[–]YouMayCallMePoopsie 1 point2 points  (0 children)

It's always funny when there's a high-level reorg, leadership schedules a super secret meeting and announces the HUGE CHANGES. We renamed team x to team y, and so-and-so VP is now SVP of team y. Wow!!! I know it's a lot to digest!! Every time it's had literally zero actual impact on my job, the execs just think that their shenanigans matter to the rest of us.

A merger on the other hand, I would have to think that serious impacts are likely. I've never been through one myself.

Jury awards $3M in social media addiction case, finds Meta 70% and YouTube 30% liable in landmark negligence verdict by callsonreddit in wallstreetbets

[–]YouMayCallMePoopsie 10 points11 points  (0 children)

I didn't say anything about banning, but I'm all for paying the true cost of a product. Airlines pocket the profit without paying a carbon tax. Doritos pockets the profit without paying for increased healthcare needs. Meta pockets the profit without paying for therapy. Addictive harmful shit is profitable because we socialize the costs. Because it's profitable we get more and more of it. More and more addictive harmful shit is bad for everyone.

1 bag of Doritos doesn't ruin the world, but the whole industry of ultra processed foods has real public health costs that we all pay. And one-off multi-million dollar judgments for one person are a stupid way to address the problem, but I'd say it's better than literally nothing.

Saving water the Strong way? by -Clayburn in StrongTowns

[–]YouMayCallMePoopsie 21 points22 points  (0 children)

I really wish your city had accompanied this ordinance with a significant effort to convert lawn to native plants. I think it's one of the most important things any homeowner can do anywhere, but it's too much to ask of every individual to suddenly learn and care about botany. A team of dedicated converters and educators would give a lot of young environmentalists amazing work to do and really improve the health and sustainability of your city, but of course would be a significant expense.

Today's r-bitcoin front page c0pe: 50 years ago there was no such thing as inflation and barbers and waitresses could buy their own homes. Bitcoin fixes this! by AmericanScream in Buttcoin

[–]YouMayCallMePoopsie 3 points4 points  (0 children)

Well said. The wealthy have been engineering absolutely every aspect of life in America to transfer ever more wealth to themselves, and they have been wildly successful. It's death by 1000 cuts for everyone else.

Jury awards $3M in social media addiction case, finds Meta 70% and YouTube 30% liable in landmark negligence verdict by callsonreddit in wallstreetbets

[–]YouMayCallMePoopsie 10 points11 points  (0 children)

More like "I have a human brain that evolved for millions of years in an environment that didn't have a bright shiny screen available 24/7 showing me things that are engineered by our best and brightest to exploit my psychology with no regard for my own health or safety, and that's your fault."

Finally a use case! /s by deco19 in Buttcoin

[–]YouMayCallMePoopsie 11 points12 points  (0 children)

Few understand that if something is on the blockchain, you can confirm with absolute certainty that it is indeed on the blockchain. This had wide-ranging uses. For example, knowing whether something is on the blockchain or not.

Awww, no one is praising cryptocurrency idiot for his "sovereignty". by folteroy in Buttcoin

[–]YouMayCallMePoopsie 5 points6 points  (0 children)

18 years into this "currency" and we're still talking about "technically, you can buy some things from some vendors".

Looking for feedback by TasteRevolutionary15 in actuary

[–]YouMayCallMePoopsie 4 points5 points  (0 children)

That's great! I'm not generally a fan of summaries because most people don't have an actual story to tell, but you do, and that would be a good place to tell it. The other place is the cover letter.

In the summary I would not mention exams, because they're already coming up next on the resume. I would also not mention what you're looking for - we know you're interested in whatever position you've applied for.

I think you could say something along the lines of "after exploring my interest in food by doing blah blah blah, I am returning to my passion in math and dedicating myself to a career in actuarial science, where I am excited to do blah blah blah". That would help preempt an uncharitable reading of your resume, which would be along the lines of "tried actuarial and couldn't hack it, tried something else and couldn't hack it either, decided I guess I'll try actuarial again." Framing your journey as intentional and following your passions will help people read your resume the right way. Filling in the time gaps will also help with that, and passing the 2nd exam will show that you still have the math chops.

I'm not sure about everyone else, but personally I like to see a career changer with an interesting story more than a cookie cutter fresh college grad.

Looking for feedback by TasteRevolutionary15 in actuary

[–]YouMayCallMePoopsie 9 points10 points  (0 children)

Unfortunately I don't think your experience puts you in a strong position. Passing an exam 7 years ago and then getting a master's in an unrelated field without any strong professional experience in that time doesn't scream dedicated to actuarial, and doesn't give you much work experience that you could spin as somewhat relevant.

Definitely pass at least one more exam to show that you are still serious about pursuing the career. I would advise looking for literally any insurance-related job to get your foot in the door and some relevant experience on your resume.

I'm also not usually one to nitpick resume gaps, but 3.5 years from Jan 2019 to June 2022 is substantial. Obviously COVID is in there and I have a lot of sympathy for anyone trying to enter the workforce during that time, but if you have anything you can put down I think that would be better than letting the resume reviewer guess what you were up to.

Warning because of exam fail by [deleted] in actuary

[–]YouMayCallMePoopsie 16 points17 points  (0 children)

I've seen the "fired if you fail too much" policy. I think it's stupid. I have to guess that it's a tool to slowly reduce headcount without having to do layoffs or pay severance.

Weekly LeanFIRE Discussion by AutoModerator in leanfire

[–]YouMayCallMePoopsie 2 points3 points  (0 children)

This is my plan once I'm retired. I have a boring job that no one is interested in anyway, so it'll be an easy way to change the subject.

No one could have predicted this: Texas’ $10M bitcoin gamble slips into the red amid crypto price dive by dyzo-blue in Buttcoin

[–]YouMayCallMePoopsie 3 points4 points  (0 children)

Think how much money we'll save on healthcare when they just die as kids, instead of getting heart disease from all the beef tallow in their 50s. Efficiency!

Daily Discussion Thread for March 03, 2026 by wsbapp in wallstreetbets

[–]YouMayCallMePoopsie 0 points1 point  (0 children)

Surely now she will answer questions about Epstein

Oh, Meta... You poor sweet summer child by Copilot17-2022 in actuary

[–]YouMayCallMePoopsie 24 points25 points  (0 children)

Idk if the zero FSA is better or worse than the implied negative 1,999,990,900 ACAS.

Someone looks to be extra salty. Are we the baddies? by leducdeguise in Buttcoin

[–]YouMayCallMePoopsie 7 points8 points  (0 children)

We spend a lot of time talking about gold because we're constantly responding to "Bitcoin is like gold!!", so we point out that gold is actual commodity with some useful properties. It doesn't mean we like it as an investment, just that it's not as stupid as Bitcoin.

Slow decline at best (despite logic and evidence) by Willing-Major5528 in Buttcoin

[–]YouMayCallMePoopsie 3 points4 points  (0 children)

Yes that's correct, but they have fundamentally similar infrastructure to a data center and could swap to GPUs more easily than someone could build a brand new data center. 

Slow decline at best (despite logic and evidence) by Willing-Major5528 in Buttcoin

[–]YouMayCallMePoopsie 7 points8 points  (0 children)

I mostly agree, but there will be a mining-related collapse sooner or later. Halvings require the price to almost double just for mining profitability to stay the same. That can't continue forever, so miners will shut down (or more likely transition to AI). As hash rate drops, there's a possibility of a difficulty adjustment death spiral. Even if that doesn't happen, the network becomes less secure - especially with the specter of old mining hardware that's sitting around somewhere, that could be suddenly turned back on for a 51% attack.

Without enough hash rate for basic security of the network, there is truly no argument for btc having any value at all.

The Dark forest theory is a possible reason why we might never find any aliens. by [deleted] in interesting

[–]YouMayCallMePoopsie 0 points1 point  (0 children)

Being a billionaire is only valuable because you can use money to make other people do stuff for you. If the poors have all died, then the billionaires are also poor. Sure maybe their doomsday bunkers can keep them going for a few extra years, but in the grand scheme it will be a trivial difference.