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Comment Re:In related news, (Score 1) 105

Small difference: drugs are known to be harmful, and illegal. The harm of social media to developing children has only recently been documented

If it is known that social media harms kids, then doesn't the state share some of the blame? Why is there no law?
If it is not known (or only recently came to light), can you really blame the social media companies? You could blame them for trying to block relevant legislation, but not for harm done in the past.
If the harmful effects were known to the companies and they kept it quiet, then you'd have a case, morally speaking. Bit like the tobacco firms.

Comment Re:taxing unrealized gains is problematic (Score 1) 284

So how about closing that particular loophole, and make them pay capital gains on the profits that they do realize? For instance, by taxing such loans with no "normal" repayment schedule as dividend. We've had similar issues, with business owners borrowing money from their company with no intention of ever repaying it, thus avoiding dividend tax. A new law caps these "non market conformant" loans at 100k.

A cash grab like this is pretty sickening. Even in the rather socialist leaning country I live in, this would probably not stand, local courts and the ECHR might well consider similar taxes to amount to appropriation, and illegal.

Comment Re:How exactly does a 50% tax on stock value work? (Score 1) 186

I'm also not opposed to the idea. Not because of a supposed concentration of wealth. Musk does not have a trillion dollars, taken from elsewhere, sitting in a giant warehouse somewhere; it's all stock in a massively overvalued company that he built. His riches do not make us poorer. And I don't envy him his wealth, he's welcome to it.

What I do have an issue with, is the concentration of power this represents. Wealth, whether in actual dollars, publicly traded stock or private stock, represents an undue amount of influence in politics. If we're doing a tax on large companies, or a wealth cap, this would be the reason I'd agree with it. Not a sense of "fairness".

"OpenAI hasn't had their IPO yet, so couldn't they just find some kind of workaround to avoid this?"
Not necessarily. The tax could be paid in stock, in fact that would not be a bad idea. So that the control of important companies does not remain in the hands of a handful of individuals. Again, the only justification of this would be to prevent a concentration of power.

Comment Re: Instead, it plans to develop a voluntary indus (Score 3, Insightful) 104

When it's codified into the highest law of the land and doesn't work, and suggestions to do so voluntarily can't work to the point of being laughable, what options do we have left?

There's always Nancy Reagan's catchphrase: Just Say No.

Any particular game is expendable. You won't miss out on anything. Games don't even have the network effects and lockin that you get with other types of software; it's a part of the economy where Just Saying No is easiest of all.

Don't like the quality? Don't spend your money. They have no power over us except what we give them. Stop being so selflessly altruistic when it comes to actively supporting your own abuse.

It's so damn easy, and there's already hundreds of years worth of hassle-free game-playing available to spend the few remaining seconds of your life on.

Comment Re:The SpaceX Valuation is Insane (Score 1) 67

Not just "the future", but the future of AI. If you go by future projected revenue as predicted by SpaceX (which is the only projection that justifies their valuation), they are an AI company with a small space division. An AI market in which they are not at all well-positioned. Buying Cursor may improve that somewhat. Maybe that's the plan - buy every promising AI startup with stock, until they hit gold.

Comment Is there an open API yet? (Score 1) 39

Can we use these glasses, or are they just as worthless as Google's and Meta's, where they choose everything for you, and you'll likely get a DMCA complaint if you try to use them for your own purposes?

If not, then $21.95 is about as much as these people should be charging for the product, which is obviously intended to get its revenue through proprietary software/services sales.

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.

Comment This will be very effective (Score 3, Funny) 33

One of the problems America currently faces, is that we're still getting far too much science done, it's not costing us enough money, and the money it does cost is being wasted on paying the salaries of scientists instead of personally paying whoever contracts to kick back the most to political appointees.

I believe this will help solve all three problems.

Comment Re:Nothing backs it (Score 1) 110

The value of money is determined by the economy that underpins it. That is why the US is hell-bent on ensuring that the dollar remains the currency for international oil trade. That's also why governments can print a little extra money without triggering inflation, if there is economic growth.

There is an economy underpinning Bitcoin as well, of sorts. But it's tiny.

Comment Oh yeah, Shutterstock... (Score 1) 19

one of those companies whose sole purpose seems to be annoying you by slapping their name as a watermark on a generic image you'd like to use in a meme, and force to spend 10 seconds finding somewhere else because you were never going to pay a stupid company to remove their mark on a bad picture you can find everywhere.

I wonder how those companies still exist, let alone make any money.

Anyway, the modern way to use copyrighted photos for free is to ask stable diffusion to regenerate it, because the AI companies have done all the data stealing for you and repackaged the stolen data into "models" you can use for free.

Comment Re:Silly. (Score 2) 75

We actually had one of those at our school for a while. Endurance was an issue, until EASA lowered the required reserve. Even so it saw little use, and it doesn't have the range to fly the cross country solo. Kinda sad that I never got to fly in it, it looks like fun. Just like electric cars and boats.

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