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Comment Re:Meal Team Six: The Keyboard Warrior Chronicles. (Score 1) 188

Fraud. I'm talking about fraud.

When I say "destroyed the market for that model" I mean "the short-seller spread misinformation that severely and permanently reduced the value of the vehicles, such as falsifying evidence they were dangerous, from which the brand never recovered."—even if such deception were prosecuted (which, increasingly, under the current administration, it isn't) there is a massive temptation to attempt it, which is amplified by leveraging debt.

Comment Re:Meal Team Six: The Keyboard Warrior Chronicles. (Score 4, Insightful) 188

That is ideal. Economic growth is not an unqualified net positive for society, and lending is the root cause of most of its ills. With borrowing as it is practised by hegemons today, there are only two endings: either they must close the loop, using the dirty money to architect a revenue-extracting monster that milks non-borrowed money to pay off the debts, or the system collapses under its own weight, like Bernie Madoff's Ponzi scheme in the 2008 financial crisis. Debt creates its own incentives to abuse the commons and impoverish the public.

Of course, not being content with abusing the commons, there are also implications for abuse of single wealthy lenders, too. It would also effectively outlaw short-selling, since that consists of borrowing assets—the items being traded—then destroying the price, and pocketing the difference. If you think about it, this isn't even adding value to the economy; it's just skimming value off the inventory of whomever you're borrowing from.

If anyone tried this with a physical asset the lender would be apoplectic: "You borrowed 50 cars from me, sold them, destroyed the market for that model, and bought them back at a pittance. Now my inventory of 1,000 cars of the same model is worth a thousand pittances! Why would I ever do business with you ever again?!"—it only works as a system if the lender assumes that the assets will recover value over time, but the degenerate gambler doing the borrowing is incentivised to outright ruin the assets they're borrowing beyond any hope of recovery. In a sense they're even less ethical than corporate raiders, since both the company who issued the stock and the lender are being abused.

Comment Re:Meal Team Six: The Keyboard Warrior Chronicles. (Score 5, Insightful) 188

Yes, Polymarket is the most degenerate, nihilistic, accelerationist bullshit imaginable. At best its creators are willfully in denial about this, since they have tried to ban assassination bets, but more likely they are just trying to maintain a facade of plausible deniability.

In a healthy society, the case of Polymarket would be studied as precedent in an ongoing debate about the possibility of criminalizing the very concept of financial speculation, especially placing a bid with borrowed assets.

Comment Been there, done that (Score 1) 160

Here in British Columbia we just changed our clocks for the last time and will remain on UTC-7 indefinitely. Parts of B.C. (the northeast part) have been UTC-7 all year for a long time. The southeast part has been Mountain time (UTC-7/UTC-6) for a long time. Neither are changing how they do time.

I applaud losing the time change but I'm not crazy about permanent DST. People obviously haven't thought this through, what it's going to feel like come November.

...laura

Comment Just do it! (Score 3, Interesting) 182

Near-lifelong B.C. resident here...

People have grumbled about time changes as long as I can remember. Pick one. Stick to it. Just do it.

I can't say I agree with their choice. Not so much the crazy late sunset in the summer - we're used to that - but the very late sunrise in the winter. The sun will still set by 5 in December and January. So what?

...laura

Comment My big beef (Score 1) 124

"Please" and "thank you" are relics of a bygone age to most people.

The one that pisses me off is the habit of customer service people addressing men respectfully ("sir"), but not addressing women with respect ("ma'am" or equivalent). This isn't an issue in places like Texas, but it's very much an issue here in Canada.

...laura

Comment Re:Yeah, it can fix Climate by continvoucly morgin (Score 4, Interesting) 41

Politicians: How do we stop climate change?

Experts: Reduce consumption, limit abuses by the powerful, instate a carbon tax with teeth

Politicians: Unacceptable! AI, how do we stop climate change?

Every single LLM since GPT-3.5: Reduce consumption, limit abuses by the powerful, instate a carbon tax with teeth

Politicians: Unacceptable! Techbros, how do we stop climate change?

Techbros: FEED ME!

Comment Re:Don't believe you (Score 1) 138

A typical LM3576 IC has leads less than 1mm wide, with less than 1mm spacing, and it's DEAD OBVIOUS when the pins are fucking shorted.

Tell me you don't do soldering work on power circuitry without telling me you don't do work on power circuitry.

https://www.analog.com/media/e...

Go down to the dimensions on the 16-pin MSOP package.

I've soldered hundreds of thousands of those. Note the pin spacing.

Go the fuck back to school.

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