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Comment Re:The purpose of a factory is not to provide jobs (Score 4, Insightful) 195

The purpose of a factory is not to provide jobs.

It's intended to made widgets that can then be sold at a profit.

It's not a social welfare program.

The way things are headed, the only way people are going to be able to obtain money to pay for those widgets is via social welfare programs.

Comment Re: strncpy never made sense (Score 3, Insightful) 40

strncpy() was not intended for null-terminated strings at all. It should have been named copy_null_padded_buffer(). Then its operation would have made sense to almost anyone. People wouldn't have minded the longer name much either, because hardly anybody uses null-padded buffers in modern software.

Note that a null-padded buffer that is completely full doesn't have any nulls in it at all. That's why strncpy() doesn't necessarily add a null termination. It also fills the entire destination buffer with nulls after the end of a short copy, which can be very inefficient when used with null-terminated strings.

TL;DR: don't use strncpy(). It doesn't do what anybody thinks it does.

Comment Re:You cannot trust China to tell you the truth (Score 1) 231

China is a famously closed ecosystem. Li Keqiang -- a CPP provincial secretary -- candidly said in 2007 that CCP numbers are "man-made and therefore unreliable". on. People interested in measuring China's economy use proxies, which has become an academic cottage industry. In 2020, China famously cut its population by 200 million (!!!) people.

Anyone who takes Chinese numbers at face value is foolish, because the CCP doesn't do that themselves.

Comment Re: Sojust like every other tech growth story (Score 1) 231

Precisely. The CCP has relied on widespread financial repression of its citizens to build an impressive industrial base. The key question is this: if Chinese citizens do not exchange exports for imports, then what is the point? It is economically incoherent. China will accrue a massive amount of foreign currency, and then what? Bathe in it while it deflates away?

Economic imbalances have a funny way of correcting themselves eventually. When this happens, China will discover that foreigners can moderate their appetites or find alternatives. The same cannot be said for factories and their workers.

Excellent analysis from economics professor Patrick Boyle.

Comment Re:Layoffs (Score 3, Insightful) 74

Maybe Roku has been paying to carry Fox content, or Fox has been paying Roku to carry content (I don't know how their deals work), and now that doesn't have to happen anymore?

Let's do the math:

($Fox + $Payment) + ($Roku - $Payment) = $Fox + $Roku

That's a zero-sum transaction. No $400M savings there.

Comment Re:Everyone knows Meta = Facebook (Score 1) 65

> Meta doesn't really know how to do anything else with any skill.

They don't know how to do Facebook very well either: it's been pretty much stagnant and enshittified to death for the past 22 years, and it feels like a forum for greying people whose greying friends haven't bothered to move on either, or to get the date of the next annual meeting of the bridge club.

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