but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal.
What matters most is not just outcomes but how responsibilities were handled.
— Ray Dalio Principles
Constantly compare your outcomes to your goals. You must always be simultaneously trying to accomplish the goal and evaluating the machine (the people and the design), as all outcomes are reflections of how the machine is running. Whenever you identify a problem with your machine, you need to diagnose whether it is the result of a flaw in its design or in the way your people are handling their responsibilities.
— Ray Dalio Principles
Major U.S. airlines are hiring pilots at a rate not seen since before 9/11, and that is encouraging more young people to consider a career in the cockpit.
Hiring is likely to remain brisk for years. Smaller airlines in the U.S. are struggling with a shortage that will continue as they lose pilots to the bigger carriers, which in turn will need to replace thousands of retiring pilots over the next few years.
Aircraft maker Boeing predicts that the U.S. will need 117,000 new pilots by 2036. Just a decade ago thousands of pilots were furloughed and some abandoned the profession.
— David Koenig “Surge in airline hiring boosts interest in aspiring pilots” AP
If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.
— Stephen Hawking AMA 2015 Reddit
To its devotees, Reddit feels proudly untamed, one of the last Internet giants to resist homogeneity. Most Reddit pages have a throwback aesthetic, with a few crudely designed graphics and a tangle of text: an original post, comments on the post, responses to the comments, responses to the responses. That’s pretty much it. Reddit is made up of more than a million individual communities, or subreddits, some of which have three subscribers, some twenty million.
— Andrew Marantz “Reddit and the Struggle to Detoxify the Internet” The New Yorker
MoviePass does not track and has never tracked or collected data on the location of our members at any point when the app is not active. In our recent update with Apple, we removed the the background tracking capabilities. MoviePass does not use and has never used this feature.
— Mitch Lowe, CEO, Moviepass
Finally, Solomon addressed finance as a career.
He advised the students in the audience to prioritize doing something that is exciting and interesting as soon as possible, rather than taking uninteresting jobs in the hopes that they will eventually become interesting.
Further, he reflected on his time at Hamilton as pivotal to his success in finance. Solomon remarked that Hamilton and liberal arts educations in general force students to learn effective communication skills, which are some of the most important and applicable skills in any industry. Moreover, he argued that the value of liberal arts educations may become increasingly contentious in the next 20 to 25 years, but that it’s extremely important to teach students how to think, question, persevere, communicate and interact with people.
— Goldman Sachs’ “David Solomon ’84 Describes Career in Investment Banking” Hamilton