Random Link ¯\_(ツ)_/¯ | ||
Feb 12, 2020 | » | Financing the Disadvantaged
4 min; updated Nov 29, 2022
Short Term Loans A common narrative for loan providers is financial inclusion. 69% of global adult population is not covered by credit bureaus. Using non-traditional data (e.g. text messages, location, contacts, call logs), more people can get scored. If only \(x\%\) of people pay you back, then \(\frac{x}{100}(1 + r) \ge 1 \) suggests \(r \ge \frac{100}{x} - 1 \). If \(75\%\) tend to pay back, \(r = 33\frac{1}{3} \%\).... |
Oct 7, 2020 | » | Fables in Service of Capitalism
4 min; updated Sep 5, 2022
Environmentalism Over the last 70 years, less than 10% of plastic waste has been recycled - it’s uneconomical. Recycling shifts attention from the environmental impact of plastics and their overproduction to the consumer’s willingness to recycle. Reducing and reusing is a much better environmental strategy. #environmentalism Betting (and Gambling) I’m seeing more prominent gambling sites and ads compared to when I was growing up. Based on my peers, SportPesa made lots of headway in Kenya (few companies can claim to sponsor English Premier League teams).... |
Apr 29, 2020 | » | Free Speech in Cyberspace
6 min; updated Sep 5, 2022
Should Platforms Be Neutral? Facebook banned praise, support and representation of white nationalism and separatism, because the two concepts cannot be meaningfully separated from white supremacy and organized hate groups. Furthermore, people that search for related terms will have “Life After Hate” suggested to them. Part of me is uncomfortable. Sure, Facebook is trying to do the right thing here. What if Facebook was replaced by some tyrannical government that censors opposition?... |