Comment Re:Trading on Knowable Information (Score 4, Interesting) 78
These platforms are starting to let people bet on wildfire activity. What a fun way of incentivizing arsonists.
These platforms are starting to let people bet on wildfire activity. What a fun way of incentivizing arsonists.
Well, yes. For many years, presidential candidates, both Democratic and Republican, referred to the United States as "the indispensible nation". And my reaction was always, "Doesn't that mean the US is a single point of failure for civilization?"
We are currently performing an experiment which addresses this question: can the US enjoy the benefits of soft power without the cost? That's the whole point of obeying *norms*. No individual force is going to punish you if you are treacherous, mercurial, foul-mouthed, disrespectful and generally unpredictable. Everyone will punish you.
I think an inevitable cost of this experiment will be that the world will decide that the US can't be a single point of failure for global democracy any longer. In many ways, that's something that will be good for us. But it's also going to cost us in painful ways. When the world decides to move away from the dollar as the international reserve currency, you will see both inflation and higher interest rates on everything from credit cards to mortgages, to business loans that will offset the export advantages. We will need *more* business investment to shift the economy to producing low value goods again, so the transition will be rocky.
My neighborhood (suburb of Washington DC, near NASA Goddard) has underground utilities.
We have lost power for maybe 12 hours total over the past 30 YEARS.
When there's a lot of wind and rain, we sometimes lose power for seconds, maybe tens of seconds. Outages of more than a minute are extremely rare.
That's why the FIOS box, the routers, and the most important desktop are on small UPS units - primarily to avoid losing work.
Nearby neighborhoods with above ground lines lose power approximately annually, sometimes for days.
You're conflating your emotions with facts, in a field you very likely know very little about.
Merit should always consider strictly value.
Always anonymous, always cowards.
It's a trade off: you get abundant free energy to run the server, with extreme constraints on cooling because your server is running in the most perfect Thermos bottle ever.
Others are taking the opposite tack: undersea data centers for abundant free cooling at the expense of having to get the power down to your servers.
If had to bet on which one is more practial, I'd go with undersea servers. Build them off the coast of Chile, run cables out from batery-backed solar plants in the Atacama desert.
The $5K a year just gives you a $300 per person per visit discount. So pays itself back in 15 visits or so.
Plenty of us nerds can afford this and want to see news about this.
Insane Clown Posse, is that you?
A conclusion is simply the place where someone got tired of thinking.