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Comment Re: Why were critical systems not replaced? (Score 2) 35

This wasn't such a big deal before everything had to be "JIT" with near zero inventory because you needed to reduce "days of supply" and improve your "working capital turns" because the consultants told you so.

On the other hand, six weeks is a very long time, though.

In a previous job, I had a customer that was hit by a ransomware attack. Once it was discovered they literally told everyone to unplug everything from the network and operate that way. Their ERP software was down so they couldn't even do basic accounting. The IT contractors who managed their data center were pretty incompetent, and used the corporate network AD for authentication on the vmware hypervisors, so once domain admin was achieved the attackers had absolute control at every level.

I was not part of the recovery effort, but it was about four weeks of absolute chaos from what I was told (and I was told very little).

Now, of course, they have overcorrected and added ridiculous policies everywhere that do little to improve security. You have to enter your credentials every day on any device that is not coming through the internal network or VPN. So users are being "trained" to use easier to remember / enter passwords, and to expect frequent requests for their login information. Not to mention that hacking a phone to steal credentials during entry is probably the easiest attack vector, so increasing the frequency of entry is harmful. Their "director of IT infrastructure" (who is a grade A asshole) will randomly have the domain admin reset the kerberos TGT 3x to invalidate all tickets, which sometimes locks us out of the servers we manage. The list goes on and on....

Comment Re: Nothing backs it (Score 0) 110

I think that deflation is overhyped. First of all, most of our economy is service based, and another huge portion is based on immediate needs - food, water, electricity, shelter. These things you generally purchase at whatever the price is now.

The portion of the economy that is driven by "durable goods" that are optional purchases that can be delayed is smaller. And then, prices are never the price. The true price is some vague number because there is always a sale just around the corner and only a small portion of consumers actually pay "the price". I'd wager that what we see as "prices" are much higher than actual prices, except in the case of necessities like food and energy - which, conveniently, are often excluded from inflation indexes ("excluding volatile food and every prices").

The you get to the whole capitalism ruse that "competition and productivity increases bring down prices" (they don't), which is somehow OK but deflation is bad? What they really mean is that you as a consumer should shut the fuck up and continue to consume. What should happen is everyone say "we aren't paying this much for a car, sorry" and then deflation will happen.

Economics as a pseudoscience is just an attempt to paper over the faults of capitalism with fancy terminology, and reverse-engineer desired outcomes. The "law" of supply and demand isn't a law, it's a justification for price increases where there is no other justification. Ask a 5-year-old what you should do if there are 5 apples and 10 people, and compare that to what an economist tells you. In which scenario will ten people be better off?

Comment Re: Investing = Polymarket betting (Score 1) 120

If NASA blew up as many rockets as Elon did, we'd still be having hearings and investigations about it even today.

If NASA was given a budget and allowed to blow up rockets with the same goal as Elon, and not forced to rely on "private sector" for their equipment, they could get the costs down too. Rockets have just been a money giveaway that NASA was forced to do because "privatization good".

Comment Re:Investing = Polymarket betting (Score 1) 120

I've seen some people who claim to know what they are talking about say that the thermal emissivity scales by the fourth power, so the hotter you let your satellite run, it scales considerably. I have not seen an analysis by anyone I know. However, even if you can cool it, the cost and logistics of launching and maintaining said satellites far outweighs everything else.

SpaceX is just a "let's bet on Elon again!!!", except instead of being Tesla of 20 years ago, it's priced like Tesla of today.

Starlink as some kind of global internet service is a joke. It's only "good" if you have no other options. Any cable or fiber service is far better and cheaper, for both the end user and the provider. Can you imagine fighting all your neighbors for bandwidth to whatever satellite happens to be overhead? And, of course, what goes up must come down, so they need just as much downlink capacity as uplink.

It's just not something that can scale. Frankly, nothing SpaceX does scales. It's a rocket company, and if you subtract out Starlink launches, the number of yearly launches is flat or down since the 1960s. There just is no demand. Elon is creating fake demand by building SpaceX with Tesla money.

Comment Re: Universal Service Taxes (Score 1) 146

Yeah I thought that you were basically "guaranteed" electrical service if you were connected. There are places in the middle of nowhere who have electricity that would never have been installed if the utilities were not forced to. I wonder what convoluted regulations made this possible.

Comment Re:I do not see the problem here (Score 1) 244

Like everyone who replied to this, you don't ride bikes, and you don't know what you are talking about. My bike "needs a speedo"? And I'm not honest? Truly making me laugh out loud bro. I ride 500-600kms a week, every week, and have for a decade. Don't tell me I don't know how fast you can freewheel down a hill.

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