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Comment Re:Sure. DDOS. (Score 1) 160

Why bother spending hundreds of thousands for servers who will only see utilization on launch day? By the time you're ready for another launch, the hardware will be obsolete. I had this same debate on battlenet when Blizzard launched the Hearthstone expansion and the massive load took their billing and account management servers offline. (Everything went back to normal within 24 hours)

Maybe you've heard of "the cloud"? It lets you do this nifty thing where you rent servers by the hour - quite cheaply, too. Other companies manage to handle holiday surges just fine. Need, say, an extra 1,000 servers for a day? Won't even be that expensive.

Comment Re: Good news! (Score 1) 227

I've seen the flag-on-the-truck thing many times - never seen a confederate flag. While there are many in the South that still hate the damnyankees for the War of Northern Aggression, it's mostly pirate flags now. For a while I was confused - why were there so many Raiders fans across the South? But it's just the current generation's Rebel flag, without confusing the Northerners that it was about racism.

Comment Re:Interesting. I'd think the opposite (Score 3, Insightful) 208

conservatives saying "it was good enough for grandpa, it's fine, don't change anything".

I think you'll find most conservatives actually saying "it wasn't so terrible for grandpa, so let's see how this new untested idea actually makes it better". There will always be people opposed to any sort of change, of course, but don't confuse evidence-based (as opposed to "it looks good on paper, let's do it") and outcome-based (as opposed to "what matters is the lawmaker's intentions were good") with anti-progress. Any seasoned engineer will tell you that the way you'll make the best progress is to test before you ship, because it's so much less effort to fix mistakes that way.

Comment Re:Risk = Reward (Score 2) 224

Wait, you mean there's a life-threatening behavior gap? This is unacceptable, we must encourage women to do stupid things that may risk their lives. To not do so is sexist!

Actually, this is mostly done. The lifespan of women and men is quickly converging, as is pay (if you take into account lifetime hours worked - for professional women who haven't had a kid, I believe women are slightly ahead under 35 now).

Does Slashdot have to have a "gender gap story" every 2 Bennett stories or something? I guess it's out with "news for nerds" and in with "Reddit envy".

Education

Tech's Gender Gap Started At Stanford 224

JCallery writes: The New York Times has an in-depth look at the gender gap in tech through the eyes of Stanford's class of 1994. The article surveys the culture of the school and its attempts at changing the equation on diversity. It also examines Stanford's impact on the big companies (Yahoo, PayPal, WhatsApp, Stella & Dot) and big names (Peter Theil, Rachel Maddow, Brian Acton) that came of age during the pioneering era of the early web.

Comment Re:I never have understood (Score 3, Interesting) 265

It seems people don't get this, so let's spell it out:

Inflation requires both demand and supply of money. You can't cause inflation simply by increasing the money supply, unless you go totally crazy with it - however, if that supply is there when the economy heats up and demand appears, look out.

Hpwever, 5-10% inflation during a good economy isn't per se a problem: high inflation is a symptom of a bubble economy but may be there without the bubble. And it's the malinvestment associated with a bubble that hurts everyone - "medium" inflation only really hurts people who made the wrong bet on the future value of the dollar.

As long as you don't actually crater the currency, inflation is merely a warning sign of the real problem, and the real problem is people working on things no one wants: from bubbles to government make-work, the stuff we have is just the stuff we make, and if we're not working to make stuff we want or need, we'll all suffer for it.

Comment Re:I never have understood (Score 3, Interesting) 265

I wish I knew a good one! Most places are as crazy as ZeroHedge, in one direction or another. I read MarketWatch, but more to keep abreast of market fashion than reality (never read a stock market site for economic news).

The most useful stuff I've ever read on economics was the old-school stuff: on the business cycle, not just boom-bust but which sectors recover in which order - what leads recovery, and what's big when the end of the boom is near, and what survives best during the bust. The history of different kinds of currencies and the problems the had. The various big name economists from the first half of the 20th century, now that we can see the actual economic growth in various countries that seem to follow on or another of them. Everything old is new again.

Comment Re:I never have understood (Score 4, Interesting) 265

The dollar is much like capitalism and democracy: it's the worst imaginable choice, except for everything else that's ever been tried. That's really it: the US government is just less effective at ruining the dollar than every other central bank for a major currency. Much of the current value of the euro is simply it's position as "second lest awful currency", a hedge against a reckless Fed.

When the dollar looked rough a few years back, interest in gold perked up, and interest in the Swiss franc bloomed, but the Swiss were apparently uncomfortable with the idea of becoming a reserve currency, and committed explicitly to falling with the euro. Odd choice, but there it was.

If the EU ever finishes collapsing, all the sovereign debt in the region blows up taking the Euro with it (it's only a question of when), and then finally recovers and regains financial credibility, then finally the dollar might be displaced, Or if China has it's inevitable revolution, and happens to emerge as a capitalist democracy, or when India or Brazil finally reach first-world status nation-wide. we might also have other credible currencies. But for now, the dollar is pretty much it.

That's not to say the dollar can't be destroyed if the Fed tries hard enough. But over the past downturn they were actually quite clever: while they were printing ~$2 T in no money via QE, they were removing ~$2T in money supply via bank reserves (while we continue with a 0 reserve banking system, the Fed paid attractive-enough interest that banks voluntarily increased their reserves to unprecedented levels). And the Fed did actually wind down QE. I'm still waiting for the other shoe to drop, when that ~$2T in "Excess reserves" comes back into the money supply and turbo-charges inflation, but hopefully that will just be Carter-like, and not a currency collapse.

Comment Re:But...but...but...she has a VAGINA!! (Score 1) 222

The value of Google passed the value of Russia (remember, these are just the publically traded companies - in the US that about half our economy, dunno for Russia). Russia has almost nothing going for it beyond oil, and the Saudis are using oil prices to fuck Iran sideways right now. The current governmental structure of both Russia and Iran are likely to collapse (Putin is pretty savvy - he may emerge as El Presidente for Life without the pretense of democracy he has now, but chaos one way or another). The ruble is almost certain to collapse, so no one's buying ruble-valued anything, (especially debt) and the risk of public companies in Russia getting either nationalized or simply destroyed by unrest is real.

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