Topic: Business (Page 2)
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π Nvidiaβs CEO Is the Uncle of AMDβs CEO
Lisa Su (Chinese: θε§ΏδΈ°; PeΜh-Εe-jΔ«: SoΝ Chu-hong; born 7 November 1969) is a Taiwanese-born American business executive and electrical engineer, who is the president, chief executive officer and chair of AMD. Early in her career, Su worked at Texas Instruments, IBM, and Freescale Semiconductor in engineering and management positions. She is known for her work developing silicon-on-insulator semiconductor manufacturing technologies and more efficient semiconductor chips during her time as vice president of IBM's Semiconductor Research and Development Center.
Su was appointed president and CEO of AMD in October 2014, after joining the company in 2012 and holding roles such as senior vice president of AMD's global business units and chief operating officer. She currently serves on the boards of Cisco Systems, Global Semiconductor Alliance and the U.S. Semiconductor Industry Association, and is a fellow of the Institute of Electrical and Electronics Engineers (IEEE). Recognized with a number of awards and accolades, she was named Executive of the Year by EE Times in 2014 and one of the World's Greatest Leaders in 2017 by Fortune. She became the first woman to receive the IEEE Robert Noyce Medal in 2021.
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- "Nvidiaβs CEO Is the Uncle of AMDβs CEO" | 2023-08-01 | 158 Upvotes 174 Comments
π Beer distribution game
The beer distribution game (also known as the beer game) is a type of gamification that is used to experience typical coordination problems of a supply chain process. It reflects a role-play simulation where several participants play with each other. The game represents a supply chain with a non-coordinated process where problems arise due to lack of information sharing. This game outlines the importance of information sharing, supply chain management and collaboration throughout a supply chain process. Due to lack of information, suppliers, manufacturers, sales people and customers often have an incomplete understanding of what the real demand of an order is. The most interesting part of the game is that each group has no control over another part of the supply chain. Therefore, each group has only significant control over their own part of the supply chain. Each group can highly influence the entire supply chain by ordering too much or too little which can lead to a bullwhip effect. Therefore, the order taking of a group also highly depends on decisions of the other groups.
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- "Beer Distribution Game" | 2020-03-23 | 229 Upvotes 47 Comments
- "Beer distribution game" | 2017-11-25 | 21 Upvotes 4 Comments
π Apple owns the world's largest hedge fund
Braeburn Capital Inc. is an asset management company based in Reno, Nevada and a subsidiary of Apple Inc. Its offices are located at 6900 S. McCarran Boulevard in Reno.
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- "Apple owns the world's largest hedge fund" | 2016-09-21 | 16 Upvotes 2 Comments
- "How Apple avoids paying taxes in CA" | 2010-06-28 | 110 Upvotes 118 Comments
π Y Combinator cofounder was convicted under CFAA in 1990
Robert Tappan Morris (born November 8, 1965) is an American computer scientist and entrepreneur. He is best known for creating the Morris worm in 1988, considered the first computer worm on the Internet.
Morris was prosecuted for releasing the worm, and became the first person convicted under the then-new Computer Fraud and Abuse Act. He went on to co-found the online store Viaweb, one of the first web-based applications, and later the funding firm Y Combinatorβboth with Paul Graham.
He later joined the faculty in the department of Electrical Engineering and Computer Science at the Massachusetts Institute of Technology, where he received tenure in 2006. He was elected to the National Academy of Engineering in 2019.
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- "Y Combinator cofounder was convicted under CFAA in 1990" | 2013-01-18 | 171 Upvotes 71 Comments
π Fourth-Generation Programming Language
A fourth-generation programming language (4GL) is any computer programming language that belongs to a class of languages envisioned as an advancement upon third-generation programming languages (3GL). Each of the programming language generations aims to provide a higher level of abstraction of the internal computer hardware details, making the language more programmer-friendly, powerful, and versatile. While the definition of 4GL has changed over time, it can be typified by operating more with large collections of information at once rather than focusing on just bits and bytes. Languages claimed to be 4GL may include support for database management, report generation, mathematical optimization, GUI development, or web development. Some researchers state that 4GLs are a subset of domain-specific languages.
The concept of 4GL was developed from the 1970s through the 1990s, overlapping most of the development of 3GL, with 4GLs identified as "non-procedural" or "program-generating" languages, contrasted with 3GLs being algorithmic or procedural languages. While 3GLs like C, C++, C#, Java, and JavaScript remain popular for a wide variety of uses, 4GLs as originally defined found uses focused on databases, reports, and websites. Some advanced 3GLs like Python, Ruby, and Perl combine some 4GL abilities within a general-purpose 3GL environment, and libraries with 4GL-like features have been developed as add-ons for most popular 3GLs, producing languages that are a mix of 3GL and 4GL, blurring the distinction.
In the 1980s and 1990s, there were efforts to develop fifth-generation programming languages (5GL).
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- "Fourth-Generation Programming Language" | 2022-04-27 | 120 Upvotes 103 Comments
π Wronger Than Wrong
Wronger than wrong is a statement that equates two errors when one of the errors is clearly more wrong than the other. It was described by Michael Shermer as Asimov's axiom. The mistake was discussed in Isaac Asimov's book of essays The Relativity of Wrong as well as in a 1989 article of the same name in the Fall 1989 issue of the Skeptical Inquirer:
When people thought the Earth was flat, they were wrong. When people thought the Earth was spherical, they were wrong. But if you think that thinking the Earth is spherical is just as wrong as thinking the Earth is flat, then your view is wronger than both of them put together.
Asimov explained that science is both progressive and cumulative. Even though scientific theories are later proven wrong, the degree of their wrongness attenuates with time as they are modified in response to the mistakes of the past. For example, data collected from satellite measurements show, to a high level of precision, how the Earth's shape differs from a perfect sphere or even an oblate spheroid or a geoid.
Shermer stated that being wronger than wrong is actually worse than being not even wrong (that is, being unfalsifiable).
According to John Jenkins, who reviewed The Relativity of Wrong, the title essay of Asimov's book is the one "which I think is important both for understanding Asimov's thinking about science and for arming oneself against the inevitable anti-science attack that one often hears β [that] theories are always preliminary and science really doesn't 'know' anything."
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- "Wronger Than Wrong" | 2023-04-03 | 137 Upvotes 86 Comments
π Dick Smith (Entrepreneur)
Richard Harold Smith (born 18 March 1944) is an Australian entrepreneur, aviator and philanthropist. He holds a number of aviation world records and is the founder of Dick Smith Electronics, Australian Geographic and Dick Smith Foods. He was selected as 1986 Australian of the Year. In 2010, he founded the media production company Smith&Nasht with the intention of producing films about global issues. In 2015, he was awarded the Companion of the Order of Australia. He is a fellow of the Committee for Skeptical Inquiry.
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- "Dick Smith (Entrepreneur)" | 2021-11-19 | 90 Upvotes 106 Comments
π Surveillance Capitalism
Surveillance capitalism has a number of meanings around the commodification of personal information. Since 2014, social psychologist Shoshana Zuboff has used and popularized the term.
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- "Surveillance Capitalism" | 2021-07-27 | 16 Upvotes 1 Comments
- "Surveillance Capitalism" | 2020-04-12 | 71 Upvotes 38 Comments
- "Surveillance Capitalism" | 2019-03-13 | 14 Upvotes 2 Comments
π Theory of Constraints
The theory of constraints (TOC) is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints. There is always at least one constraint, and TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it. TOC adopts the common idiom "a chain is no stronger than its weakest link". That means that organizations and processes are vulnerable because the weakest person or part can always damage or break them, or at least adversely affect the outcome.
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- "Theory of Constraints" | 2024-05-01 | 122 Upvotes 64 Comments
π Value of life
The value of life is an economic value used to quantify the benefit of avoiding a fatality. It is also referred to as the cost of life, value of preventing a fatality (VPF), implied cost of averting a fatality (ICAF), and value of a statistical life (VSL). In social and political sciences, it is the marginal cost of death prevention in a certain class of circumstances. In many studies the value also includes the quality of life, the expected life time remaining, as well as the earning potential of a given person especially for an after-the-fact payment in a wrongful death claim lawsuit.
As such, it is a statistical term, the cost of reducing the average number of deaths by one. It is an important issue in a wide range of disciplines including economics, health care, adoption, political economy, insurance, worker safety, environmental impact assessment, globalization, and process safety.
The motivation for placing a monetary value on life is to enable policy and regulatory analysts to allocate the limited supply of resources, infrastructure, labor, and tax revenue. Estimates for the value of a life are used to compare the life-saving and risk-reduction benefits of new policies, regulations, and projects against a variety of other factors, often using a cost-benefit analysis.
Estimates for the statistical value of life are published and used in practice by various government agencies. In Western countries and other liberal democracies, estimates for the value of a statistical life typically range from US$1 millionβUS$10 million; for example, the United States FEMA estimated the value of a statistical life at US$7.5 million in 2020.
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- "Value of life" | 2024-01-08 | 74 Upvotes 92 Comments