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wilkommen

189 karmajoined 10 jaar geleden

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wilkommen
·4 dagen geleden·discuss
I think a linear battlefield is one in which there is a "front line", which was a given for prior wars but maybe not as much anymore. Future wars might see adversarial forces mixed among each other spatially more than in the past.
wilkommen
·4 dagen geleden·discuss
The arguments in this article seem very similar in spirit to the ones mad in "The Sling and the Stone" book by Thomas X. Hammes.
wilkommen
·11 dagen geleden·discuss
This is just a way to keep the AI bubble going. The American people will not benefit from having a "stake" in AI companies. Doing so will serve only to expand the amount of capital available to AI companies for them to waste on a technology that will never live up to expectations. The US govt taking a "stake" in OpenAI and its competitors will only grant those organizations more power to further misallocate the nation's capital for their own enrichment. Instead of taking a stake, the US govt should use copyright and antitrust law to dismantle these companies and their backers in big tech, and shut this wasteful Ponzi scheme down, so that AI can find a role in the economy that suits its actual capabilities.
wilkommen
·11 dagen geleden·discuss
I agree that regulatory pressure is a market force (I wish more people understood this), but I disagree that capital intensive things that must be done right can only be done by big organizations - quite the opposite. If the regulatory environment is strong and effective, small organizations can thrive even in pharma and aviation. If an industry is comprised solely of huge organizations, then when one becomes corrupted (like Boeing has, see the 737 MAX debacle) it becomes impossible to terminate that organization. Organizations that are too big to fail are too big to be regulated.
wilkommen
·14 dagen geleden·discuss
The root cause of the dynamic you're highlighting here is wealth inequality. The more unequal the distribution of wealth in a society, the more concentrated wealth becomes geographically, because as wealth inequality grows, society begins to reorganize into a system which serves ever more lopsidedly to the needs of the wealth holders. The wealth holders, being few, and being social creatures like the rest of us, tend to congregate in fewer and fewer geographical areas. They have the money, so anyone who wants money must live near them to get some. So rents skyrocket in the geographical areas surrounding the wealth holders, which they ironically benefit from, as it creates a smaller amount of land that they need to buy in order to own all the economically significant land in the country, which only intensifies the cost-of-living crisis. Housing regulation cannot fix this, not only because housing regulators can become captured by the wealthy, but also because the root cause of the phenomenon is not addressable by housing policy.
wilkommen
·18 dagen geleden·discuss
Couldn't they have just mandated that Polestar cars in the US must not be able to connect to the internet? That would pretty much negate any potential foreign threat related to "connected cars". Just make them... not connected.
wilkommen
·26 dagen geleden·discuss
I have had the chance recently to meet my boss's boss and my boss's boss's boss at my current job and it is amazing how in this era of robber-baron capitalism we seem to be promoting exclusively the most unserious, irresponsible, and magical-thinking among us. The fish does seem to be rotting from the head. And it's not just some companies or institutions, it seems to be all of them. At least during the gilded age, the robber barons were serious people. I'd rather have Vanderbilt or Carnegie as my economic royalty than Mark Zuckerberg or Peter Thiel. Vanderbilt and Carnegie may have been evil, but at least they had their heads on straight.
wilkommen
·vorige maand·discuss
How is China reducing the consumption of transport fuels? Is that driven by changes in individuals' fuel consumption patterns or by a change on the industrial side?
wilkommen
·vorige maand·discuss
Yes, it's much different in other countries. See https://substack.com/@doks/p-198191751
wilkommen
·vorige maand·discuss
Good companies go bad because the American financial system and thus the companies that live within that system are geared for "shareholder returns" as the primary objective of existence for the corporation. If the objective of the corporation was simply to protect its continued existence, more akin to a nation-state or a club, then it would be possible to have a wider variety of corporations which each behave differently and behave more according to their own internal rules and principles instead of behaving according to the demands of external shareholders who only want money, even if it distorts or kills the company in the long run.
wilkommen
·vorige maand·discuss
Yeah Pearl Jam did take a huge career hit trying to fight them, and that's admirable, but they shouldn't have had to do that. Why should artists carry the burden of having to sacrifice their careers to fight an illegal monopoly? That's the role of government. You may as well say that fans are to blame for going to ticketmaster-promoted concerts and buying tickets on ticketmaster because they were enabling ticketmaster. Both fans and artists are being harmed by the ticketmaster monopoly.
wilkommen
·vorige maand·discuss
Could it be this podcast? https://www.organizedmoney.fm/p/emergency-pod-the-live-natio...
wilkommen
·vorige maand·discuss
Ticketmaster uses their monopoly power to unfairly squeeze the venues and the artists too. They're using their monopoly power to squeeze all sides of the live music marketplace - fans, artists, venues, and promoters. So the bad guys are really Ticketmaster, not the artists.
wilkommen
·2 maanden geleden·discuss
The stuff that old people need in their retirements to live is getting more expensive due to the types of shenanigans that PE firms are doing. So their pensions appear solvent now but when those old folks actually retire, their money won't go as far? Doesn't add up. I think the people who are really benefitting here are the usual suspects - the ultra rich, and the PE guys at the top doing this transfer really are evil.
wilkommen
·3 maanden geleden·discuss
None of these cases destroyed any of the defendants' monopoly status, so while there have been some "actions", there certainly haven't been any effective ones.
wilkommen
·3 maanden geleden·discuss
We need a cleansing forest fire of aggressive, effective antitrust enforcement. All we gotta do is enforce the laws that are already on the books, and do so in the spirit of the existing body of case law precedent.
wilkommen
·3 maanden geleden·discuss
Only anti-trust action against big tech to break their ad monopoly (to make journalism profitable again) and breaking up media conglomerates (to reduce concentration of power in the journalism industry) can save journalism from becoming just a mouthpiece for the powerful. These things can only happen through politics. We need a political solution to save journalism.
wilkommen
·3 maanden geleden·discuss
I like that, I think your method is better than mine - it's simpler so it's harder to game. It punishes the right thing.
wilkommen
·3 maanden geleden·discuss
I agree - I think there should be a rule that prevents anyone who buys a stock from selling it inside the following 2 years or so. And another rule that says every stock must pay a dividend that is a fixed percentage of the company's profit, modifiable only rarely and only by the board of directors. Then anyone buying stocks would have to price them more by the actual present-day dividends and strength of the company in the present day than by what someone else might buy the stock for tomorrow. It would curb speculation and reward responsible companies that are building strength for the long term.
wilkommen
·4 maanden geleden·discuss
There's only so much land in the places where people want to live. You can't increase the housing supply enough to stop housing from being an asset in a society where wealth is sufficiently unequally distributed. By virtue of its unique scarcity, land (and therefore housing) will always be an asset, and in a society with increasing wealth inequality, the price of assets will always be going up.