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Comment Re:Another one down (Score 1) 133

Well, it's like in Econ 101 when you studied equillibrium prices. At $3500 the number of units demanded is small, but if you dropped that to $1000 there should be more units demanded, assuming consumers are economically rational.

There is a tech adoption curve in which different groups of people play important roles in each stage of a new product's life cycle. At the stage Vision Pro is at now, you'd be focused on only about 1% of the potential market. The linked article calls these people "innovators", but that's unduly complementary; these are the people who want something because it's *new* whether or not it actually does anything useful. This is not irrational per se; they're *interested* in new shit, but it's not pragmatic, and the pragmatists are where you make real money.

Still, these scare-quotes "innovators" are important because set the stage for more practical consumers to follow. Perhaps most importantly, when you are talking about a *platform* like this people hungry for applications to run on the doorstop they just bought attract developers. And when the right app comes along the product becomes very attractive to pragmatists. This happened with the original IBM PC in 1981, which if you count the monitor cost the equivalent of around $8000 in today's money. I remember this well; they were status symbols that sat on influential managers' desks doing nothing, until people started discovering VisiCalc -- the first spreadsheet. When Lotus 1-2-3 arrives two years after the PC's debut, suddenly those doorstops became must-haves for everyone.

So it's really important for Apple to get a lot of these things into peoples' hands early on if this product is ever to become successful, because it's a *platform* for app developers, and app developers need users ready to buy to justify the cost and risk. So it's likely Apple miscalculated by pricing the device so high. And lack of units sold is going to scare of developers.

But to be fair this pricing is much harder than it sounds;. Consumers are extremely perverse when it comes to their response to price changes. I once raised the price of a product from $500 to $1500 and was astonished to find sales went dramatically up. In part you could say this is because people aren't economically rational; but I think in that case it was that human judgment is much more complex and nuanced than economic models. I think customers looked at the price tag and figured nobody could sell somethign as good as we claimed our product to be for $500. And they were right, which is why I raised the price.

Comment The honorable thing (Score 4, Insightful) 227

The honorable thing to do when you don't agree with the ethics of your employer is to resign in protest, rather than be fired for being a nuisance.

The former says that you have uncompromising integrity in how you act in all areas of life, and are willing to make personal sacrifices to do the right thing, while the latter suggests you're a bit unhinged and a potential nightmare employee.

Comment Re:Only to investors, right? (Score 2) 28

Technically speaking the crime of fraud has three elements: (1) A materially false statement; (2) an intent to deceive the recipient; (3) a reliance upon the false statement by the recipient.

So, if you want to lie to people and want to avoid being charged with fraud, it's actually quite simple. You lie by omission. You distract. You prevaricate (dance around the facts). You encourage people to jump on the bandwagon; you lead them to spurious conclusions. It's so easy to lie without making any materially false statements that anyone who does lie that way when people are going to check up on him is a fool.

Not only is this way of lying *legal*, it happens every time a lawyer makes an closing statement to a jury. It's not a problem because there's an opposing counsel who's professionally trained to spot omissions and lapses of logic and to point them out. But if a lawyer introduces a *false statement of fact* to a trial that's a very serious offense, in fact grounds for disbarrment because that can't be fixed by having an alert opponent.

We have similar standards of truthfullness for advertising and politics because in theory there's competition that's supposed to make up for your dishonesty. In practice that doesn't work very well because there is *nobody* involved (like a judge) who cares about people making sound judgments. But still, any brand that relies on materially false statements is a brand you want to avoid because they don't even measure up to the laxest imaginable standards of honesty.

Now investors have lots of money, so they receive a somehat better class of legal protections than consumers or voters do. There are expectations of dilligence and duties to disclose certain things etc. that can get someone selling investments into trouble. But that's still not as bad as committing *fraud*, which is stupid and therefore gets extra severe punishment.

Comment Re: 20% survival is pretty good (Score 1) 57

If I understand your argument properly, you're suggesting that things will be OK with the reefs because "survival of the fittest" will produce a population of corals better adapted to warmer conditions.

Let me first point out is that this isn't really an argument, it's a hypothesis. In fact this is the very question that actual *reef scientists* are raising -- the ability of reefs to survive as an ecosystem under survival pressure. There's no reason to believe reefs will surivive just because fitter organisms will *tend* to reproduce more, populations perish all the time. When it's a keystone species in an ecosystem, that ecosystem collapses. There is no invisible hand here steering things to any preordained conclusion.

So arguing over terminology here is really just an attempt to distract (name calling even more so) from your weak position on whether reefs will survive or not.

However, returning to that irrelevant terminology argument, you are undoubtedly making an evolutionary argument. You may be thinking that natural selection won't produce a new taxonomic *species* for thousands of generations, and you'd be right. However it will produce a new *clade*. When a better-adapted clade emerges due to survival pressures, that is evolution by natural selection. Whether we call that new clade a "species" is purely a human convention adopted and managed to facilitate scientific communication.

You don't have to take my word for any of this. Put it to any working biologist you know.

Comment Re:how does an six- to nine-month school cost 30K? (Score 1) 39

Yes. Teaching your children the truth, i.e. "the stove is hot," is far more compassionate than letting them get burned. In the United States, the public schools in the past taught racism against black people, now teach racism against white people; both of which are an anathema to anyone belonging to a worldwide church of multiple ethnicities and cultures.

Comment Threatening who? (Score 1) 30

I'm a little confused by who is supposed to be caving to the threat here. It's a paid database, so I assume that Thompson-Reuters/Refinitiv aren't thrilled; but it was apparently stolen from one of their customers, not directly from them, so their reputation for security competence isn't really affected; and I suspect that most of the people paying for access to this sort of database need something authoritative that ticks the "I'm really trying to know my customer, really" box when feds or auditors come around; so even a reasonably fresh and reasonably large leak is still of limited value("So, you decided to reduce costs by basing your compliance efforts on data of unknown completeness, potentially subject to unknown modifications, sourced from unknown criminals? Very interesting...") as an alternative to continuing to subscribe.

If anything, it seems like its release would be largely positive: probably lots of interesting leads to be followed up, both with regard to what the creepy data broker types know and the things they know about the people they consider relevant, by people who are in no position to afford access normally(if it's even something you can just purchase if your money is green enough; rather than being offered specifically to potential customers known to be in financial services; not just anyone with a checkbook).

Comment Re: 20% survival is pretty good (Score 1) 57

I won't return in coin by calling you an idiot, because I don't think you are one. What I think you are is too *ignorant* to realize you're talking about evolution. "Survival of the fittest" is a phrase coined by Herbert Spencer in 1864 to refer to natural selection, a concept that's in the actual *title* of Darwin's book.

Comment Excuses, excuses⦠(Score 1) 40

Heâ(TM)s arguably not wrong that VMwareâ(TM)s offerings outside of their core product are kind of inchoate(though, in fairness, itâ(TM)s not like the âhyperscale cloudâ(TM) guys donâ(TM)t all have a stable of shit thrown at the wall to see what sticks that surrounds the core of services that people actually care about or trust); but that seems like a pretty shabby excuse in this context; where it would have been trivial to just not fuck with what people were using and liked while making the alleged investments in glorious future VMware; then letting the value proposition of that help sell it.

As it is, itâ(TM)s hard to read this as anything other than an awkward(and almost certainly temporary, nobody ever genuinely stops trying to boil the frog once they start); climbdown after recklessly spooking more customers, harder, than intended.

Comment Re:really - the whole world's ? (Score 1) 57

Well, no *one* of us in a position to save the coral reefs. Not even world leaders can do it. But we *all* are in a position to do a little bit, and collectively all those little bits add up to matter.

Sure if you're the only person trying to reduce is carbon footprint you will make no difference. But if enough people do it, then that captures the attention of industry and politicians and shifts the Overton window. Clearly we can't save everything, but there's still a lot on the table and marginal improvements matter. All-or-nothing thinking is a big part of denialist thinking; if you can't fix everything then there's no point in fixing anything and therefore people say there's a problem are alarmists predicting a catastrophe we couldn't do anything about even if it weren't happening.

As to the loss of coral reefs not being the worst outcome of climate change, that's probably true, but we really can't anticiapte the impact. About a quarter of all marine life depends on coral reefs for some part of their life cycle. Losing all of it would likely be catastrophic in ways we can't imagine yet, but the flip side is that saving *some* of it is likely to be quite a worthwhile goal.

Comment Re:20% survival is pretty good (Score 1) 57

Of course this isn't science, it's just wishful thinking and hand waving about things you don't actually know much about. It's probably worth noting that actual reef scientists aren't so cheerful about the prospects for coral reefs as you are.

It's not even that what you *think* you know is necessarily wrong. You're talking about about something reef scientists aren't particulary worried about: the extinction of coral *species*. In other words it's a straw man. What scientists are worried about is something quite different: a massive reduction in the 348,000 square kilometers of coral reef habitat that currently exist.

That's something that will take millions of years to recover from, and which will cause countless extinctions It will result in multiple species extinctions; sure that's survival of the fittest, but "fittest" doesn't mean "better"; it means more fitted to specific set of new circumstances, in this case circumstances we *chose to create*. And sure, in a few million years it won't matter. But that's not the test we use to decide whether anything other issue needs addressing. If someone broke into your house and took a dump on your kitchen table, it wouldn't matter in a million years, but you'd sure report it to the cops and expect something to get done about it.

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