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Comment Re:Oh goody (Score 1) 69

Unlike a Ponzi scheme, the stock market is backed by companies with *actual* potential for growth. P/E ratios might be crazy for some companies, but most investors in the stock market can expect positive returns even if the companies they own don't grow. A Ponzi scheme has nothing backing it, other than money from new "investors." If the new investors stop buying, the scheme collapses. If new investors stop buying stocks, the system remains stable because the current owners retain ownership of money-making businesses.

Comment I got OneDrive and got Office 365 thrown in free (Score 1) 16

I needed a backup solution, and I was tired of slinging DVD-ROMs. So I switched to OneDrive and never looked back. I can back up my whole hard drives (1 TB each x 5), for the whole family. Everything is always backed up in an off-site locations, including version history. And Office 365 comes with the deal. I'm happy with that arrangement.

I probably wouldn't buy an Office subscription, but the price for OneDrive is competitive with other backup-only solutions like CrashPlan.

Comment Re:If they really, REALLY believed it (Score 3, Insightful) 27

Meh. Real change isn't accomplished by canceling a trip. It's accomplished by introducing fundamental changes to how we get our energy. Switching to solar / wind power, driving EVs, changing how concrete is made. Yes, jet exhaust is a significant component of global warming, about 2.5%. Canceling a handful of flights out of millions annually, isn't proof of doing something meaningful. Changing our overall footprint, is.

Comment Re:so NFTs but even dumber (Score -1) 43

I, too, remember when folks did the same with Baseball cards and had also not heard / seen anything about it in a long time. So I asked an LLM what the current market size is:

The baseball card market is a huge part of the booming global sports trading card industry, estimated around $15-$17 billion in 2024, with projections soaring to over $50 billion by 2030-2034, driven by nostalgia, investment, digital growth (NFTs), and major players like Fanatics. Key trends include massive online sales, the integration of digital and physical cards, and strong growth in North America, all fueling a market expected to grow at a high CAGR (13-19%).

Doesn't appear that it has gone away..

Comment Re:Just a piece of cardboard (Score -1) 43

Oh great and wise one, let's hear your solution.

P.S. it's not all economics you retard. We'll break it down to a single product: Gold. Explain to the rest of us "barely evolved monkeys" how you'd deal with more demand than supply. You have to account for its industrial & commercial uses and no, you don't get to substitute it for another material. Assume that you're making something that needs Gold for its intrinsic properties (conductivity, resistance to corrosion, etc). If you don't like Gold, fine..Use Uranium or Plutonium for the exercise (maybe you're building a radio-isotopic generator or something)

Comment Re: sponsored videos (Score 1) 86

No anger here, just common sense.

If you get paid by product manufacturers to review their product, and you air critical reviews, guess what happens to your income? Product sellers don't like bad reviews, so they'll go where they can get good reviews. Influencers know this, and want to keep the money coming, they don't want to bite the hand that feeds them. So guess what they'll do...they'll keep the good reviews coming, so they keep the money coming.

This is precisely why Consumer Reports doesn't accept free samples for their reviews. https://www.consumerreports.or...

Comment Re: sponsored videos (Score 1) 86

Indeed. People tend to brush off the disclaimer and believe the influencer anyway. It's like those drug commercials with the soft, droning voice telling you how many ways the drug can kill you, while the video shows pictures of people having fun together, jumping into the water, setting off fireworks, anything to make you not notice that droning voice. *This* is how we should regard reviews that contain these disclaimers. The disclaimer is there to distract us from the pleasing words surrounding the product, attempting to be "honest" while at the same time saying what the advertiser wants you to hear. Those influencers know full well that if they don't say things the advertiser wants them to say, the advertiser money will soon disappear.

Comment Re:Remember, the problem AI solves is wages (Score 1) 32

Yes, and so is every form of automation.

We software developers have been automating things for decades now. What does all that automation do? Reduce a company's need to pay wages.

And somehow, we're all still employed. Amazing! It's almost as if all this automation creates more jobs in the long run!

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