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Comment Re: Structural Unemployment Death Spiral (Score 1) 195

>>[If] everyone just received $xx,000 a year. It just inflates the cost of rent, basic necessitates, and everything else.

Only if the supply of those things doesn't change. When more people can afford things, the economy will produce more of them. Henry Ford understood that the only way automobiles would be anything more than a toy for the rich was to pay his employees enough that they could afford to buy what they were building. More people with extra money = more demand = higher volume = lower cost.

Comment That's the plan (Score 3, Insightful) 47

>>Waymo remains unprofitable despite raising $5.6 billion in funding last year.

That's the plan. Just like Uber ran at a loss for years, undercutting taxi services until they captured the market, then jacked up prices and squeezed their employees (sorry, "contractors") after they had no more competition. Now robotaxis will do the same thing to them.

Comment It's only "fair" (Score 1) 54

Airlines up-charge people travelling together via the seat selection fee (so they can sit together). People travelling alone are less likely to pay extra to select their seat so the airlines have to find a different way to up-charge. Baggage, food, drinks; everything is an up-charge now. Can't wait for them to start charging to use the goddamn washroom.

Comment What's in it for me? (Score 1) 68

Not surprising in the least. For that last 25 years we've been taught that our data is valuable (and it is, Silicon Valley has made billions off it). Not just our email addresses but our opinions and preferences. Why on earth would anyone give away their data for free to a survey? At least Google and Facebook are offering some service of marginal value in return.

Comment NOT the forth most important food crop (Score 1) 105

>>Bananas are the world's most consumed fruit -- and the fourth most important food crop globally, after wheat, rice and maize.

This sounded wrong to me so I looked it up and it is in fact quite wrong. Either by tonnage produced or by dollars generated, bananas aren't even in the top 10 food crops. After rice, maize (corn) and wheat comes soybeans, potatoes, tomatoes, sugarcane, grapes, apples and onions.

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