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Comment Re:Not sure why they don't do what Google does (Score 1) 56

Didn't you have to pay a shitload of taxes though? There are usually penalties for extracting money out of a 401k. I didn't think there was a way to move them to something like a money market account without incurring those penalties

The GP might be of an age and income which lowers the tax bracket for withdrawals, and without penalties. This is kinda the point of having a 401k.

Comment Re:Another win for Linux! (Score 1) 69

It's not a question about immunity. It's a question about privacy

It seems to be a question of you not following the conversation, or did you reply to the wrong comment? This particular thread is about security.

OK, I could have phrased my reply better, but can't there be two perspectives? Security and Privacy? The Microsoft Corporation outed the guy using his Windows License ID.

Comment Re:Another win for Linux! (Score 1) 69

A win would be these fucking companies spending the correct money for proper security. They skimp on their IT budgets so this happens, even after getting hacked!

This is such a simplistic take. We're living in the age of Anthropic's Mythos LLM, and others like it. Vulnerabilities ate being discovered at an unprecedented rate. Don't kid yourself that Linux will be immune.

It's not a question about immunity. It's a question about privacy -- using linux is clearly more private than using Microsoft and it's the lack of privacy that did the kid in.

Comment Re:Everyone Saw This Coming (Score 1) 56

Broardcom's entire business model with these acquisitions (they did the same thing with others before VMWare) is to acquire something everyone depends on AND can't easily switch off ... and then jack up the prices by an insane amount.

The Martin Shkreli business model.

What are the odds Martin Shkreli will be 1 of the 250 pardoned this week, the 250th anniversary of the declaration of independence from a monarchy? After all Martin Shkreli is just another white collar criminal.

Comment Re:After the OMB hack, this one is minor (Score 1) 62

that OPM hack was a complete shit show... setting back human intel gathering operations by decades and compromising countless people... those OPM records had photos, biometric data, sensitive lie detector and security clearance info... including data that can be used to blackmail the people

The hacked entity in question was an out-of-date ColdFusion website. As late as 2015, ColdFusion was not a good idea for this subject matter.

Submission + - World's Richest Man Says Don't Bother Saving for Retirement (gizmodo.com) 4

echo123 writes: "We're in the singularity. We're at the top of the roller coaster, and it's about to go down."

====

Elon Musk, who just went to court to fight for a $139 billion compensation package despite already being worth an estimated $700 billion, says you shouldn’t worry your pretty little head about saving your own money. In an appearance on the podcast Moonshots with Peter Diamandis, the world’s richest man told listeners, “One side recommendation I have is: Don’t worry about squirreling money away for retirement in 10 or 20 years. It won’t matter.”

Musk’s theory is basically that AI will become so capable that it’ll drop the cost of everything so much that money won’t really matter. Everyone will have “universal high income.” Diamandis, arguably best known in recent years as the guy who hosted a $30,000 per seat event in the middle of the covid-19 pandemic that resulted in the majority of attendees getting infected, hopped on the hype train, too, explaining that he believes that AI will ultimately lead to “basically demonetizing everything” because “the cost of labor has gone to nothing, the cost of intelligence has gone to nothing.”

Comment Re:Formula one on a highway? (Score 1) 21

Summary reports Mr Macron said:

"If a child is in a Formula One car and they turn on the engine, I don't want them to win the race, I just want them to get out of the car. I want them to learn the highway code first"

I am a bit surprised that he assumes a formula one could be used on a highway.

In Monaco, located within a pocket of the French Riviera, people drive Formula One cars around town.

Submission + - Elon Musk admits DOGE was a waste of time (and money) (yahoo.com)

echo123 writes: Elon Musk appeared to admit for the first time that his work at the so-called Department of Government Efficiency was a total waste of time—which also destroyed his reputation.

He told Katie Miller, who is married to Donald Trump’s deputy chief of staff Stephen Miller, that he would not take the controversial post in Washington, D.C., if he had his time over again.

“I think instead of doing DOGE, I would have basically built—worked on my companies, essentially," he told The Katie Miller Podcast.

“If you could go back and start from scratch like it’s January 20th all again, would you go back and do it differently? And, knowing what you know now, do you think there’s ever a place to restart?”

After a deep sigh, Elon Musk, 54, replied, “I mean, no, I don’t think so.”

“You gave up a lot to DOGE,” she said.

“Yeah,” he conceded, sadly.

DOGE oversaw a $220 billion jump in federal spending—not including interest—in the fiscal year, according to The Wall Street Journal.

Bill Gates has warned Elon Musk’s DOGE cuts will cause ‘millions of deaths’

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