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Comment Re:Use random numbers to (Score 1) 62

There's already a brokerage that strives to improve customer equity by passing all of its traffic through a fiber optic delay line.

The other option would be to detect some level of cancelled trades or dropped connections and, upon passing some threshold, lock out that account. It can be reset by having Bob Cratchit head down to the server room in the basement and manually log on to a console. Please be patient. The stairs are steep, Bob is old and has nothing more than an oil lamp to light his way.

Comment Re:Sums it up nicely (Score 1) 174

Musk has two important skills:

1) He's very inspiring. His employees like working for him (tbh it's not hard to be more inspiring than the average CEO, but he manages to pass that low bar, and his employees respond by doing good work).

2) He's good at getting funding, especially government funding.

Both of these are real skills, and they have led to all his success.

Comment Re:Ah, microsoft... (Score 2) 61

This way, companies upgrading existing networks would turn it on knowing they will eventually turn it off

Really? Turn it off and some old but critical piece of gear fails. Quick! Turn it back on.

Years later: Does anyone know why this crufty piece of garbage is still enabled? No? Turn it off. Again, some old but critical piece of gear fails. Rinse and repeat.

Comment Re:SNAP (Score 2) 70

Rather amusing that they are flagging this as an issue, and not the six (known and admitted to) actual nuclear weapons that the Pentagon has lost. At least one of those is known to have been fully armed and over three megatons in power.

Comment Re:Multiple problems (Score 5, Interesting) 72

Investor owned utilities want profit, not construction expense

True. I used to work for one of those. They were always trying to figure out how to offload maintenance and construction onto subcontractors. And just sit around, read meters and collect bills. It turns out that the meter-reading (which they had also sub'ed out) is easy to do. And the market took note of that and cut their ROI to the bone. They were de-listed from the stock market and went private as a subsidiary of an investment fund. Which is principally held by the construction companies doing their heavy lifting. And making big bucks doing so.

It turns out that capital markets are pretty good at spotting situations where the marginal cost of a product is low or zero. And then cutting the fair PE ratio to match. Except for where it will take a few years to figure the market and products out (AI for example). And then the salesmen drop that segment like a no longer hot potato and spin up a new scam.

It turns out that there is always money to be made as a reward for continuting real efforts. It's just not the sexiest part of the economy.

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