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Comment Re:Reinvesting in the business (Score 1) 110

On the margin side I am going to have to disagree with you. I assume you are talking about gross margin. Sure, Amazon's gross margin has been going up. The average S&P 500 company has a gross margin of 42%, which has been increasing. I would argue that operation margin would be better than gross margin. There AMZN is at 1% where the S&P is at 14.6%. AMZN's ROI has historically been one of the lowest in the S&P. They are operating a supper thin margins.

As for the R&D - I will have to consider that. At first glance I am a little surprise that the numbers that I am seeing. Personally, I would assume (well, guess) that most of those expenses are capitalized but it does give me food for thought.

Comment Re:Jobs & buying (Score 1) 110

You are missing my point in a couple of ways.

I said productivity would go up, I never said the hours worked would go down. Some people like working long hours to own more toys – bigger houses, faster cars, and exotic vacations. However, in the last 50 years the people with the highest productivity are reporting that they are working longer hours and enjoying their life more. More work has become more interesting.

Secondly, you mean you can't think of any menial jobs other than warehouse jobs? Cleaning parks, walking dogs, and teacher's assistants are just a few that come to the top of my head. None of these require a college education. Personally, I am more optimistic about being able to retain people. But if push comes to shove I suspect society can find something more productive to do.

Comment Re:Reinvesting in the business (Score 3, Insightful) 110

AMZN is not losing money because they are reinvesting back into their operations. That is not how accounting works. "Earnings" is a balance sheet operation; "Investment" is a balance sheet operation. Think about this way – If I invest $100m of profits in US Treasury Notes, how does that affect my earnings? If I invest $100m in property, plant, and equipment, how does that affect my profits? What if I paid out a dividend? It does not – in all cases one's profit is 100m.

The issue is that AMZN is trading profit margin for market share. Expanding quickly today to reap the profits of tomorrow – in theory.

Comment Re:Jobs & buying (Score 1) 110

Read up on Red Queen's Race Hypothesis. We are constantly running. If Amazon stops and thinks if they should implement these robots, somebody else will.

It is going to happen. It will increase productivity, and increased productivity is the only way to increase income, and thus it should be embraced. I am not saying that technology is some kind of magic wand that we can wave and magically everybody will be better. This will free people from mind numbing work and let them do something more productive. Technology is one of those "necessary but not sufficient by itself" type of thing. Society must change and adapt, and a right leaning libertarian I might even conceded that might mean changes in government policy. Still, if we want a better tomorrow things like this must happen.

I am always sad when people fear a better tomorrow.

Comment It is a fine for quitting XP (Score 1) 57

The issue is not "Irish Tax Shelters". Even without these Microsoft would still be losing money. You are closer on point on the IP theft. This is not so much as a tax, rather it is a fine for Microsoft dropping support for XP, the widely used but rarely paid for OS. Remember, taxes and the laws are not applied in a "neutral" fashion.

Comment Re: SO (Score 2) 377

How are you getting to that conclusion? The title of the study is "A Meta-Analysis of the Impacts of Genetically Modified Crops" The author's results are

"On average, GM technology adoption has reduced chemical pesticide use by 37%, increased crop yields by 22%, and increased farmer profits by 68%. Yield gains and pesticide reductions are larger for insect-resistant crops than for herbicide-tolerant crops. Yield and profit gains are higher in developing countries than in developed countries."

Comment Re:I'm sure it will suck (Score 1) 242

I knew. I was being flippant back - kind off.

I don't think Doctor Who is the model. While it spans ages, there is always the Doctor. While different actors play the Doctor, and each actor brings out a different aspect of the Doctor, it is always the Doctor. Done straight from the book, Hari Seldon and maybe some robots carry though all of the stories but they are never the center like the Doctor is. So if they are going to do the Foundation they are not going to do it straight from the books - some reworking must happen to handle the scope.

My serious though on this was to copy the model from Roots.

As for Black Adder, be careful with season 1 - it rough. The 2nd and 3rd season are much better - I would start with one of those.

Comment Re:Legalities (Score 2) 301

It seems like there should be a signed release required.

I would disagree. Charged suspects and corrupt officials would never sign the release even if it might be in the public interest. I would agree with you that it should not be automatic but there should be some mechanism to release the video even if those videoed oppose it.

Comment Re:I'm sure it will suck (Score 1) 242

Your comment confuses me a little - what are you talking about? Yes, Doctor Who spans vast amounts of time but he has got a time traveling machine so that is o.k. Maybe you are talking about his companions? However, the Doctor has been a constant character thought the years.

On a more serious note, I was thinking of Black Adder as a better example.

Comment Re:I'm sure it will suck (Score 4, Insightful) 242

It's not the translation of action that I am concerned about. It can be done. Books and movies have different strengths, and "action" is not the strong suit of books. HBO has done a good job. Personally, I think of Jackson's Lord of the Rings / Hobbit movies, where Jackson either extended or invented from scratch action scenes.

I am more concerned about scope. Each chapter in the Foundation saga is a vignette, a thin slice of time, separated by vast amounts of time. For each seasons they would almost have to fire the entire cast, strike all of the sets, etc. It would have the same problem as anthology shows like the Twilight Zone or Tales from the Crypt. There is a low correlation between a winning episode and a losing episode. Hit upon a great story line or a new great actor and you need to junk it for the next episode. The Twilight Zone was consistently good, but Tales from the Crypt was all over the place.

Comment Re:bike? (Score 1) 51

...though at least they do have pedals and you can power a crappy bike with human power.

This one too has pedals and looks like can move it along with human power. So by your definition, it is more like a "Eco-Electric" than a motorcycle. Can't wait for these things. I can lane split on the highways and still park in front of my downtown office without paying for parking.

Comment Re:nice stats (Score 1) 334

Here is your study:
http://www.google.com/url?sa=t...

FYI, I was using "scheduling" in a very broad sense. You allude to that in your post. 10 or 20 years ago when researching a big ticket purchase, one might hit 2 to 4 big box retailors. Now I can do that comparison online and see if the local store has it in stock. The number of big block stores are falling.

But there are also the subtle things. Less driving to grandma's house to get the latest gossip, that can be done by Facebook. People used to drive to the mall to hang out. Facebook. Now the malls are going empty. People used to wait in lines for the latest blockbuster movie only to be turned away because it sold out. Now they can buy their ticket in advance or, if they wait a few months, watch it at home. etc.

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