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Comment Re:Satan and the Stock Market. (Score 1) 92

Potentially, but not necessarily more than they're going to spend on the work.

Maybe Apple sees it as just the right thing to do. Apple has access to enormous volumes of data that they could monetize if they wanted, but they don't. They jumped through a bunch of hoops to make Lockdown Mode that, if the user screws it up, means that everything is lost. They are unlikely to be making money on that, especially since it limits some app installations and functionality, and they're not going to get fined by anyone for not having it. There is, in fact, a real risk that someone is going to fine them for being unable to recover the data.

Comment Surprised to see the right wing (Score 0, Troll) 54

Crawling out of their hidey holes to take a pot shot at fark.

Just out of curiosity where did you slink off to? I know it wasn't Reddit because the overall tone there is the same as fark. Maybe truth social? Or twitter? I guess there's always 4chan.

Any website that controls its trolls and racists is inevitably going to look like sjw because despite what El presidente is telling you social justice is actually a good thing. We used to call it civil rights until a billion dollar propaganda campaign told you to think about it as sjw and an insult.

Sooner or later if you live long enough you're going to be on the other end of that barrel. If you're still posting to a dead forum like this then you are not nearly wealthy enough to escape what's coming. And just certainly not sharp enough. Anyone with a lick of sense isn't posting here anymore. This is just a place you go to yell at clouds.

Funny thing is the crowd around here is smart enough to know that the Epstein class is coming for their property. I wonder why knowing that they continue to back those people. Like Donald Trump is a establishment goon and guys like you who spout the letter is sjw on ironically just love him. Oh here's the part where you deny that so that you can do a credibility enhancing display... Either that or you will accuse me of TDS.

Fun fact Joseph Stalin used to have his enemies declared legally insane with questionable medical diagnosis. Funny fact number two Donald Trump and some of the Republicans have tried to get trump derangement syndrome declared a medical condition... Your side is literally copying Stalin. How do you think that's going to work out for you?

Comment Re:Well (Score 2, Informative) 27

I have never in my life met somebody who has one of those flags and isn't all on board the fascist train.

I'm sure somewhere out there in the 340 million people in America one of them exists. But there are so few of them compared to the fascists pretending they give a shit about civil rights that if they do exist they are completely drowned out by the fascists they hang out with.

Honestly the whole gun thing is just that it's their hobby and their friend group.

I figured that out years ago when a buddy of mine talk to me about it. About how he has all these fond memories of shooting guns with his dad and grandad and how a big part of his friend group is fellow gun nuts.

It's like how people spend insane amounts of money on Warhammer 40K because all their social life is tied up with it. It's the same thing with guns. When you threaten to take away people's guns you aren't threatened to take away their guns you're threatening to take away their friends and their family.

That's why they have such a hissy fit about it. And it's why it's useless to try and take them away. If you want to stop shootings then you're going to have to find another way then just taking all the guns away.

Comment What benefits to society? (Score 4, Interesting) 30

The systems aren't creative they're just really really fancy search engines that regurgitate what they have ingested.

Best case scenario this is going to be a large increase in productivity in a society that already has problems with automation devouring jobs.

If China was actually communist I think that might be useful. Since they wouldn't be dependent on jobs to distribute goods and services. But China is the furthest thing from communist.

That said I know the argument can be made that it's basically impossible for any country to become communist as laid out by Karl Marx and that's not a hill I want to die on. But we have been automating factory work and blue collar work non-stop since the eighties. Workers have lost a lot of leverage because of that and pay his gone down noticeably and measurably.

It's all well and good to say we should embrace new technology but if we aren't socially and economically and hell emotionally capable of that what then?

In a world where if you don't work you don't eat we keep eliminating jobs through automation. How is that going to be sustainable?

And if you're going to tell me they're going to be new jobs, be specific. Tell me exactly what those new jobs are going to be.. are we all going to be plumbers? Is it plumbers all the way down?

We have major social problems that I don't think anyone has any solution to biting Us in the ass. And so far everybody's solution seems to be the just pretend the problems don't exist, stick their fingers in their ears and yell la la la at the top of their lungs.

Comment Re:Saving? (Score 1) 83

I would argue if you ran the calculations on your rental houses versus investing in the S&P500, the S&P500 would surely win by a significant margin.

Again, no. The houses started out highly leveraged: not quite as much as my residence, but still very highly leveraged. It's possible that caching out a couple of years ago might have produced higher returns, but there is a lot of tax to pay when I cash out. I bought one house, then, after it had appreciated in value, I re-mortgaged it, taking some cash out and used that as a deposit on the second house.

Comment Re:Saving? (Score 1) 83

That said, even with massive bay area home value appreciation (400-500% since 2001); it still doesn't beat investing the money.

I started with about $20k, not $100k. That was possible back in 2002. For most of the life of the mortgage, the after-tax cost of the mortgage, taxes and maintenance was similar or less than than the cost of rent would have been. Renting would not have provided a stream of funds to invest, over and above buying.

I have also turned a similar starting investment into significant asset value through buying a couple of houses to rent.

There is no way that I could have built up the same wealth without buying my house back in 2002.

Comment Re:Saving? (Score 1) 83

I disagree with this advice. I still choose to work, but I have financial independence, which came from stretching my finances to buy a house in the SF Bay Area some 25 years ago.

The key changes that prompted me to buy a house was getting a green card, and a temporary dip in house prices from 9/11. I recognized the risk, but it paid off handsomely for me.

Comment Re:Satan and the Stock Market. (Score 3, Insightful) 92

It holds a legal and fiduciary duty to make more money. By every fuck-you-and-me means necessary.

It holds a legal and fiduciary duty to act in the best interests of its shareholders. Tim Cook rather famously told off an Apple shareholder who asked him to commit to pursuing only programs that would be profitable, saying, "When we work on making our devices accessible by the blind, I don't consider the bloody ROI."

That's just one small example by a powerful CEO after a shareholder initiative was shot down 98-2, but most companies spend money on things that reduce profits or are not profitable. Look at the sprawling HQs with fancy buildings that are set up by so many companies when they could have gone with simple brutalist architecture. There are companies that pay well because it promotes long-term stability even at the expense of short-term profits.

I get that these big companies don't deserve blind trust, but understanding what their obligations are is much more helpful than oversimplifications.

Comment Yeah but that's not what's going on here (Score 1) 92

I agree that we should stop sanitizing reality for kids. And we should stop lying to them. There's a movement going on right now to tell children that chattel slavery in the United States was happy fun time.

But in this case the chatbots are trained on internet chatter and internet chatter is pretty fucking critical of fascists and dictators.

That means somebody went into the chat bought and programmed it so that it would not criticize dictators. That is not an accident. That is intentional and involved a lot of work. And it's painfully obvious why. Bai companies want to be able to sell their product to fascists and dictators.

So you have a potentially powerful new technology that's going to transform the civilization and it's in the hands of people who are buddy buddy with fascists. That's a bad thing

Comment You can't live below your means (Score 2, Insightful) 83

When real inflation is devouring your income. You have to live where the work is. Often you have to gamble living in high cost of living areas in order to build up the experience needed to have a functioning career.

For years I've watched people I know confused and frightened because no matter how much they cut back no matter how rough they make their lives they never seem to be able to save any money. Some disaster is always pulling the rug out from under them and if they do start to accumulate savings all it takes is one inevitable engineered recession and they blow through their savings paying for healthcare and food in between jobs.

You need to understand that the entire system is designed to break you. To prevent you from accumulating savings.

This isn't me being some sort of a lefty dipshit. This is how the Federal reserve controls inflation.

When you start to accumulate wealth and savings you start to spend more because you are safe and secure. That in turn has the potential to increase inflation because you've got more disposable income.

So the way that the Federal reserve deals with that is every few years they crank interest rates. Most businesses are running very close to the margins and near collapse. The way they survive is cheap money lets them borrow to get them through lean times. The Federal reserve will crank interest rates to cut off that safety valve so those companies have to fire you and you blow through your savings.

Basically the way we keep inflation low is by keeping the country and everyone in it in a perpetual state of borderline homelessness and poverty.

We could of course just make more stuff but that's not in the cards because that reduces prices in a real and practical way and companies don't like that cuz it's not good for profits.

So you can't really just tell people to live below their means because the system is designed to keep driving those means down and making life worse as a way of containing and controlling inflation without you know, actually making people's lives better...

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