This is a complete non-story because this is dead in the Senate. Really tired of the news media wasting my damn time with stories that are meaningless.

Brick and mortar stores want daylight savings Time changes because their Big Data models indicate people spend a little bit more money in their stores during daylight hours. So we're not going to be able to get rid of daylight savings time because every time it comes up they just splash a bunch of cash around.

This is most likely just a fundraising average by a bunch of people in the House of Representatives

Because the constant mergers and consolidation of industry has also caused thousands of job losses and suffering. The investors are really the only winners. Most of the time it's a PE form that buys up the company, runs it into the ground for short term gains and then the employees and customers are left holding the bag.

I also think it's toxic for our economy that so many businesses start up with the explicit goal of getting bought up by a larger company.

If the company is nearly worthless then you failed at business. Don't over 50% of small business and restaurants die in the first 3 years? Do they get a buyout and make money off the failure?

Let's give capitalism and markets a chance again.

You can probably find the article but years ago a father found out his teenage daughter was pregnant because Target started sending him coupons for baby stuff. The reason Target did that is because they figured out that if you bought certain things that were not related to a baby it meant that you were pregnant. It was relatively simple machine learning that made that possible.

Facebook isn't a nice company but no company is a nice company.

I don't want to necessarily defend them but Facebook does have legitimate uses. I'm a introverted nerd so I don't have a lot of use for it but I have a couple of friends you are what you would call an extroverted nerd.

I can't think of any existence more frustrating and depressing than being an extroverted nerd. You're someone who wants to be around people and you aren't comfortable if you're alone but you're kind of weird and off-putting. Not for any fault of your own it's just you know you have something wrong with you as far as people are concerned. Maybe you're ugly maybe you're short and fat maybe you're on the spectrum and have zero tact so you blurt out incredibly uncomfortable and inappropriate things pretty much non-stop.

For those kind of nerds they can find like-minded nerds on Facebook and congregate and hang out.

And for regular people they can find people into their hobby. One of my more normal buddies finds his fishing buddies that way.

This is plausible deniability. Basically they want to fire people with disabilities or people who are starting to age because they can replace them with somebody younger who will work harder for less money.

It doesn't matter what experience the people getting fired have it's just a mathematical formula. We are all just cogs anymore except for a tiny handful of extremely specialized workers. If you have to ask if you're one of them you're not you'd be making it at least half a million a year and you wouldn't be wasting your time reading my dumb comments.

This is about creating a algorithm that fires people illegally and then claiming the algorithm is just a fair algorithm. This way Facebook can keep this shit tied up in court for years and we're down most of the people who would sue if not all of them.

If you have ever seen fight club it's the same kind of calculations that were done at the beginning of that film. Including the cost of the lawsuits.

I don't think people have realized just how much big data has tilted employment in favor of the employees. Or if they have realized it they've just pushed it out of their heads and pretended it didn't happen because it's too scary to think about.

I mean my head is full of all these disasters that are coming that nobody is doing anything about and nobody is going to do anything about. It's not necessarily worth knowing about it really. It would be one thing if anyone could do anything about it but when 60% of the country reads at the level of a 12-year-old I think we are pretty well fucked...

Is the overall automation threat. Google it, 70% of middle class jobs lost since the 1980s got taken by automation.

It is very possible, even likely, that we are approaching a tipping point. You can find articles explaining that the baby boomers are the only ones who have any discretionary spending whatsoever and they are propping up multiple industries. They aren't going to leave anything for their kids either. They're spending it all. But they don't blow on RVs and mimosas they blow on healthcare at least in America. And even if by some miracle there it would have been some money left in there savings it looks like the trillionaire class is going to loot it. Remember that a lot of their savings is in the form of stocks because that's how they keep them above inflation and rules have been changed that will allow companies to take worthless stock like SpaceX and dump it into 401ks...

So all of this means that a relatively small amount of permanent unemployment might cause a cascading effect.

Simply put there won't be enough money in the economy. Too much of it at the top. The tax base collapses because people don't make enough money to pay taxes and yeah you can use tariffs to raise their taxes but then they have to spend less. Before you know it government spending collapses which causes even more job losses and therefore even less economic activity and spending. It becomes a self-reinforcing loop. The whole system collapses. Mix in declining birth rates and yeah it's a disaster that we just pretending isn't happening

The real fun comes when basic services start getting cut. Education goes away and you have kids just kind of wandering the streets with no jobs because even if you bring back child labor there's nothing for those kids to do. And then the police go. A bunch of numbnuts think that's cool cuz they are looking forward to being able to shoot people. Without realizing what it was like to have roving bands of bandits...

I don't think folks have really come to terms with how fragile our civilization really is.

and fix known bugs. Search can some later. The "Backroom" panel that interrupts Save operations is an example. I want to see File Explorer and only File Explorer, not your damned Spam Panel!

Even if the bubble bursts, AI will still be radically more powerful in a decade

The bottleneck may be training data, only so much can be wrung out of it even with hyper-training. Until bots actually understand shit, this may limit them for a good while.

Thank you, see wasn't that easy, next time just take the 10 seconds.

And now I can say, that's a great example of some recent US bad shit. Like this is bad no doubt about it.

But I don't know what you do with people who can't get past the 12-year-old level of thinking of "if you make me pay taxes that's slavery and if you take away Elon musk's hundreds of billions of dollars then my shitty little income and retirement savings are next.."

It worked for Twitter and CBS so why not here as well I guess.

If I had control of the FTC I would at least do the former, on a blanket basis everywhere.

No mergers, no integration, horizontal or vertical. Go bankrupt. The assets of the company are sold and auctioned off piecemeal. The shareholders get what they get which shouldn't be much as the company is bankrupt which falls on them as much as anyone. With this they get a reward for creating an unsustainable business.

WB was a company that could hit those exceptions though, or be willing to blockbuster budget movies that probably shouldn't have been, best example I can think of is Blade Runner 2049 which is a film I think is fantastic and WB put up like $160M, either through stupidity of love of the product and there was no way that was going to make it's money (and it didn't) but in retrospect we got a great piece of sci-fi out of it. After that even they had enough faith to let him make Dune which I guess paid off for them.

Same for sticking with all the troubles and decades it took for Fury Road to get made.

For sure, to be clear I am not doubting that Trump is doing what he thinks is right for the country, which is his mind I think includes the gladhanding, I mean, he made the deal it has to be in all our interests!.

To that end my point is he's bad at the job, of governance and being President and has bad judgement which is always clouded by revenge against Obama and Biden

Basically by my estimation if he had instead continued with the Chips Act as legislated, like he's supposed to, we'd probably be on a better trajectory than this.

Automation is so cheap now that even Chinese labor can't compete. But the government has been forcing businesses to hold off on automation in order to prevent the inevitable economic and social turmoil from laying off that many people. Although it is absolutely hilarious that "communist" China has to worry about keeping full employment...

There are signs that it's changing because their ruling class has consolidated enough power they can afford to start blowing off the public. But I don't think they're quite ready to do it 100%.