Yes, your property tax is high ($17k) because of prop 13 - you are effectively subsidizing others who have sat on their residential and commercial property for 20-30+ years who are paying 25-50% of what you pay for any similar property in the same calendar year!
Your property tax goes up by 2% of your , guessing (relatively recent?) purchase price, and theirs goes up 2% of a much smaller base due to prop 13.
They have no incentive to move, downgrade. And they often use trusts to pass this tax base down to their kids. It’s feels like icky European feudalism.
Again i’m emphasizing that this goes for both residential and commercial buildings.
I agree with everything you’ve said, but one clarification: you don’t even need a trust to pass the tax break down to your kid when you die. Sure, a trust can streamline that process, but it’s not required. At least everyone lucky enough to inherit benefits, not just those whose parents had the foresight (and the means) to create a trust.
Who gets to define the market? Does the "market" consist of only advertising technology platforms, or everything involved in online advertising, or all advertising through every possible channel worldwide?
Because bad behavior tends to scale with company size, not because smaller companies are more virtuous, but because they just have less power to do harm than bigger companies.
Imagine that there were only two companies, and they each had 50% market share in every market that exists. Would you expect either to be well behaved?
I’ll give him the benefit of the doubt and hope for the best.
My wife has been a high school math teacher for 25 years and has seen waves of tech luminaries give their visions of how tech will radically improve education and learning. She can’t point to any startup that has had a major impact in improving outcomes. I wish I could point her to something that really will have an impact in, or even out, of the classroom for her students.
That's not unique to tech startups. Almost nothing in terms of explicit methodology has any effect on education outcomes. The literature on education research is of abysmal quality too.
I got to see Luis von Ahn the inventor of CAPTCHA discuss his latest crowd sourced venture, Duolingo, which I'm sure everyone has an opinion about, back in 2013 or 2014 at The LAB Miami in Wynwood.
At that point they had ~24 employees. He said his interest was crowdsourcing and thought most of the engineering effort would go toward the crowdsourced translation, but at that time, it was being handled by just two employees.
They brought on two prominent consultant researchers, leaders in the field of language learning and linguistics. The first question they asked the consultants was which part of speech should they present to the learner first. The consultants didn't have an answer. They decided to dedicate engineers to collecting data in order to answer that question.
Very cool to hear that you were at the LAB Miami in 2014, Around 2016, I was trying to organize a group of folks to build a variable spaced repitition application that tied to a off the shelf eeg, to figure out the optimal time to learn at one of the local hackathons.. We had a whole team of folks, some of the Flomio hardware people, and other local startup folks. Never was able to build the prototype at a hackathon, but always thought there is a physiological element to learning, and ed tech in general.
We know that mild stress can narrow focus and help learning. "Neural connections do form when you struggle." [0] A little stress is not only good but necessary for learning while a lot of stress causes a breakdown. The trick is being able to judge the stress level of the student and every person is different.
The idea of using some type of bio metric data from EEG or blood pressure sensors will help determine a little struggle from a lot of struggle in formative assessment.
My understanding (in hindsight) is that success of Duolingo had nothing to do with “crowdsourcing” - is that correct? (Beyond maybe stories for fundraising).
It doesn’t seem to have a lot to say about “ed tech” - popularity of apps seems disconnected to popularity
I don’t understand what you mean by “we don’t know”? Are you saying tech entrepreneurs don’t know education? I agree with that. Or are you saying we don’t know what problem to solve?
My interpretation of “we don’t know” is that the space of possible instruction methods is huge, and we don’t know what works best. It is easy to think of it as a kind of optimization problem, but that line of thinking quickly runs into a bunch of practical obstacles: different people learn differently, studies with good experimental design take time and resources so it is slow to iterate, and good teaching seems to require deep insights into student motivations and incentives, aspects of teaching that are hard to quantify. We also don’t have great ways to measure outcomes; grades are weakly predictive of future success.
The best teachers seem to combine deep thinking about how to teach with intuition and charisma. The ingredients are hard to replicate.
I do think that this is a nut that we will eventually crack, but it is proving to be a very tough nut.
There is not a huge market of people who actually want to learn something on their own motivation. Get some piece of paper, yes. So the huge market will only materialize if the degree granting institutions adopt something like this.
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