cowanon77 · HackerTrans

hace 5 díasdiscuss

I’m not sure why that’s controversial - I have met many Ivy League students and grads; they are all intelligent, at least in an academic way. The only other common characteristic is that they almost always had some form of privilege. Either rich parents, or adults around them who worked very hard to get them to that level.

cowanon77

hace 28 díasdiscuss

A lot of upper middle class people recognize that AI is a direct assault on their livelihood. The very jobs that AI threatens to disrupt are the bread and butter of the upper middle class.

cowanon77

el mes pasadodiscuss

Companies are fundamentally untrustworthy in the long term. You are always one management change away from the product being unusable or hostile to your use case. With old fashioned technology there is almost always a path to fixing it long after the company is dead.

cowanon77

el mes pasadodiscuss

The problem is computer technology in its current state is fundamentally hard to trust. Without reading the source code and knowing the full source of all external services, and hoping the terms of service or external source code don’t change in the future, you really can’t trust anything. There is no authority that can guarantee “this will always work until it physically breaks, and even then be repairable”. Conventional parts and circuits can be more easily repaired and even reverse engineered if needed.

cowanon77

hace 2 mesesdiscuss

Jira is only a set of changes though. What happens on a long (10+ year) and complex (10+) developer project with many changes and revisions? Eventually you need an explicit specification that itself has a "current state", and a change log. Theoretically you could generate this from Jira, but in my experience it eventually became a mess on any larger project that didn't have explicit and maintained writen requirements.

cowanon77

hace 2 mesesdiscuss

There is an imbalance in leverage and timing though. Dynamic pricing requires a lot of real time and historical data; companies can access and share that information easily, and you as a consumer cannot.

Even in areas with multiple competitors, they can (and do) effectively collude by getting their information through data brokers and third parties.

I don't have a solution, but we are currently very far away from a free market in general.

cowanon77

hace 2 mesesdiscuss

The core theories of economics seem correct, and in fact predict the current situation if used correctly. The problem is that the game has been systemicaly rigged. Employers have maximimized their legal leverage, while crushing all employee and subcontractor leverage. The central banks favors (and often rigs) the metrics that favor the rich (GDP, U3, CPI, etc), and ignore alteratives that favor labour. The government designs tax policy to favor integenerational wealth, and capital accumulation over income.

The new deal in America roughly got things correct, and was followed by the greatest expansion of the middle class in history. What we're suffering from today is the systematic destruction of that social contract.

cowanon77

hace 9 mesesdiscuss

It's similar to the problems with GDP, CPI, U-3 (Unemployment rate), etc. You really need at least 30-100 metrics or more to get a grasp of what's really happening in a complex eonomy. Debt can be good if it causes more growth in the economy, and bad if just gets trapped in a few foreign investment funds. But the number by itself doesn't tell us any of that, yet that is all that grabs the focus.

Often politicians will try to shrink or control the debt without deeply investiagting the true causes, because the real causes may be politically inconvenient.

cowanon77

hace 9 mesesdiscuss

This is the big misnomer - it's debt on the U.S. balance sheet, but is a credit on someone else's balance sheet. By itself, it's not necessarily bad; it really depends on who the debt is issued to, why, and on what terms.

Time would be better spent talking about other issues, but national debt is a simple number politicians can complain about rather than talking about the more complex issues that really impact the rest of us.

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