The share price fell, so lawyers race to the courthouse to file a class action suit, because there is a first-to-file doctrine for these types of cases.
Then they don't necessarily try and prove harm, they just want to settle & get paid for their own inflated costs.
Meanwhile, the people that they are supposedly representing, ie shareholders at the time of the fall, are overwhelimingly still shareholders. So any payout they get is from their own proportion of money they already own in the company, minus legal fees.
It does however screw foreign holders and a few other classes of shareholders, to the benefit of the lawyers, and to lower the loss the shareholders take by getting their own money back.
In theory, if crimes exceed prosecutions, then number of convictions being closest to the number of prosecutions should indicate an effective use of resources. The real problem is that thorough investigations are rare for most crimes and it's just and industrial-scale process to show the elements of an offense were met by a preponderance of the evidence.
Sure, but it feels like you're doing something helpful. It's like self-help books, or new years resolutions. The emotional fulfillment of feeling like you've done something is vastly more popular and marketable than doing the actual work.
In recent years we have also witnessed the outcomes from DAs who refuse to prosecute -- having someone more hard nosed in office seems vastly preferable to losing the local Walgreens and still not having my burglaries prosecuted.
I miss fingering, it was such an easy way to get a log dump or status update from various daemons, I still think it has immense utility .. some of my fondest operator days were sat under the umbrella with a terminal while sleep 30 ; finger someone@all-the-things ; done .. watching the machines from afar.
Can still do it these days of course, but one with a seriously copious helping of ssh in the mix too ..
Trouble is, nobody else can do it. The only reason I have to use {social-media-blob} is because my friends don't know how to finger.
There are only papers which suggest this could be true, none that conclusively prove it. That I’m aware of.
There are some cool studies done where people with a without ADHD are tasked to forage berries. The people with ADHD do better and adhere to foraging patterns which existing theories suggest would be more optimal.
A lot of the studies like that indicate the individual with the condition might benefit more from ADHD than the group they’re in, but I’m not sure that studies have explored group benefits very much.
There’s an often cited paper in which nomadic men who carry a certain ADHD-related allele (DRD4-7R, a dopamine reception variant with ADHD traits and novelty seeking) tend to have better nutritional status. I can’t recall much about it or how high quality it is.
I’ve always thought, it’s not absurd to think there different development routes which the brain takes depending on the environment it develops in.
With your foraging example, it does make me think ADHD is a small group/individual optimisation. Prioritising high vigilance and individual productivity over social cohesion.
I speak with no authority. I don’t even know how such a theory could be tested.
I don’t mean from a nutritional standpoint, but a behavioural perspective. Smaller groups would have an higher percentage of responsibility per individual to be vigilant and proactive.
It would make sense to me that evolutionary there would be different mental development paths depending on the requirements of their situation.
This is coming from my understanding that ADHD is more prevalent in stressful upbringings.
A psychiatrist told me that people with ADHD perform better under extreme pressure and chaos. No idea if that's true. Personally I don't even think of ADHD as a deficiency. It's just a trait that is not compatible with modern society and workplace.
A common meme you'll see on ADHD in online posts are about how people with it are perfectly calm during emergencies, but then when any inconsequential thing happens such as e.g. breaking a shoelace and they'll just unravel and/or take forever to deal with it.
There might be a correlation, but I doubt causation. I would argue people with ADHD, like myself, tend to end up in situations where extreme pressure and chaos is more common. Thus, we have more exposure than the average person. I imagine it can be a trainable trait in many people.
Yeah, I think this is the key point. I am better at handling chaos because I grew up around chaos (my mom has adhd and so do I) so I am much better at handling things falling apart.
ChatGPT's take was that 10 ADHD people/animals would go exploring and if one produced a new source of food then it would be advantageous for the group, but the other 9 could fail and be completely useless. A bit like venture capital funds haha.
So there is still room for complete failure in life, and maybe its a lot of luck/environment that some ADHD people succeed naturally.
FWIW, I quite enjoyed this write up of it, and the state of AI investment at the moment. It doesn't entirely dwell on the blowup, but I found it worth the read:
The share price fell, so lawyers race to the courthouse to file a class action suit, because there is a first-to-file doctrine for these types of cases.
Then they don't necessarily try and prove harm, they just want to settle & get paid for their own inflated costs.
Meanwhile, the people that they are supposedly representing, ie shareholders at the time of the fall, are overwhelimingly still shareholders. So any payout they get is from their own proportion of money they already own in the company, minus legal fees.
It does however screw foreign holders and a few other classes of shareholders, to the benefit of the lawyers, and to lower the loss the shareholders take by getting their own money back.
reply