Comment Fashion accessories are overpriced, film at 11 (Score 2) 64
If a clothing brand like Ann Taylor made an ugly $250 phone purse nobody here would bat an eye.
If a clothing brand like Ann Taylor made an ugly $250 phone purse nobody here would bat an eye.
People were talking about it back in the 50s, probably earlier. But the earliest deployment in the US of something plausibly called interactive TV was Qube in 1977.
There's a parallel universe in which the US ended up with a cable-TV-based version of Minitel.
The phone is superior in most ways, from the perspective of the pushers - usually maps to a single person, always with them, location trackable, etc. About the only advantage of the TV is being a big screen, but that doesn't seem to matter for much.
Another big one is there's no central player to lay the rails and the big players have competing interests. But I really think the deciding factor is just that the money folks don't see a need for a QVC "buy now" button.
Drug delivery is the most obvious. I remember a couple of times I was preparing to head to the airport, needed cash, and might well have used something like this.
And even if you are going out, how often do you actually need cash?
I regularly use cash. "Need" doesn't have anything to do with it, I just prefer the simplicity.
Proton was the first one I looked at, but they charge per-email address, including aliases, which is a blocker for me. (I use unique email addresses for each service I use, and more for other things.)
But this is even worse. I would never use a service that would start sending my email to someone else if I stop paying, that's insane.
There is no way Proton is anywhere close to namespace saturation. The big mail hosters have orders of magnitude more addresses behind single domains.
Paying people to bring you toilet paper or soft drinks is pretty uncontroversial. What makes money different?
I'd also note that $2.99 is less than the ATM fee at the closest ATM to my house. I don't use Robinhood, but it would be $.51cheaper for me to have them bring me money than to go to the nearest ATM.
Fuck every last bit of that.
I'm sure that's not the only contributing factor, but I'm also pretty sure you don't upend kids' lives (don't forget the impact on parents - lots of people lost jobs, which also disrupts kids schooling) across multiple years without disrupting their math training.
Oh, also, the shitbag trolls here are funny. Now that they can't pretend the white kids aren't pig-ignorant, this is suddenly all about testing.
The author is trying to tell the story within the form - A Titan of Finance is making a Bold Bet with big implications for the little peoples' 401Ks!
Various folks with input to the story all have their own angle and want to steer it to their advantage. Everyone outside the story who is paying attention can see the bubble, but have the same problem Burry has - the old cliche about the market staying irrational longer than you can stay solvent still applies.
So little investors have skin in the game but very little range of motion other than getting out of the market. Big players are betting against bubble blowers, which means they need their story to "win" on a timeline that doesn't lose them a ton of money. Meanwhile OAI, NVidia and similar grifters are sucking Tubby's stump in hopes of a bailout.
It is all high drama, with lots of players trying to influence the story. Think of it as multiparty participatory propaganda trying to steer things, with the eventual outcome determining how many Grandmas have to switch to dog food for dinner.
There, I fixed it.
Bandcamp is also still good for buying MP3s. Of the small amount of music I've purchased over the last decade, most of it has been from there.
"If it's not loud, it doesn't work!" -- Blank Reg, from "Max Headroom"