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Comment A rehash of the 2008 Subprime bubble (Score 1) 43

Anyone old enough to have witnessed the Subprime bubble in 2008 would see nothing new here. This is just like subprime mortgage CDS that got sold to everyone before 2008, it is a Ponzi scheme trying to get as many people on board as possible to keep it going as long as possible before it inevitably bursts.

The farther this poison spreads, the larger the crater would be when it bursts.

It is time to pull out of the US stock market, find somewhere safe to hunker down a few years so you won't be caught in the burst.

Comment Re:Why? (Score 1) 144

What makes "artists" so special?

Everyone else should be outraged.

Next in the news: Renaissance 2.0 emerges in Ireland, as the number of artists grew exponentially, art classes in universities became the hottest class as every undergraduate try to cram art classes to qualify as an artist upon graduation.

20 years later: Protests spread across Ireland as government plan to reduce artists support scheme, citing the huge burden to government budget due to over half of the country now registered as being an artist.

Comment Re:Not kph! (Score 1) 109

watching the video, it looks like the car is barely struggling to get to those speeds

I wonder if you watched the same video from YangWang or BYD as the rest of the world did, or did you watched some edited version from someone else.

What's obvious was the car *has a limiter* at 500kph, i.e. the car CAN GO FASTER but did not. Why? The tires are only guaranteed for 500kph.

Yes, they used specially manufactured tires for this record, and because no other tire manufacturer is willing to guarantee their tires up to 500kph, they have to source the tires from the one willing to, and the guarantee was "up to 500kph". So the car has a limiter to keep the speed just under 500kph.

Comment Drone traps (Score 2) 144

Next in the news: Criminals shoplift to lure out drones to follow them a drone trap, to capture the drone to sell for parts.

These drones most likely cost more than what was shoplifted. A bundle of loose strings thrown at the drone could tangle its rotors and easily bring it down. Just lure the drone into an alley with someone hiding above with a bundle of loose fishing lines, then drone-0, thieves-1.

Comment Re:Hype (Score 4, Informative) 43

Meanwhile, all us peons down here are saying "how could this possibly add up" while great business leaders get sucked in by the hype.

No, the C-suite type didn't "get sucked in" by the hype, they jumped in to *ride* on the hype.

Regardless of outcome, those C-suites get to spend millions to billions of other people's money, for years, all the while paying themselves tens/hundreds of millions every year, to just do something related to the hype to keep the bubble going.

Yes, some years down the road, the hype crashed and burned along with the companies and all the workers there, but the C-suite just jump off with their golden parachute to the next hype, with millions of dollars more than before.

Who did you say got sucked again?

Comment It is called "over capacity" (Score 1) 43

When you have the capacity to create more, much more, stuff than you can sell, no, it is not a "revenue shortfall", it is called "over capacity".

And the right response, in a free market, to over capacity is to let the least efficient producers go bankrupt, and hence reduce the waste of producing stuff no one buys.

It is also called market consolidation, when smaller producers merge to force bigger, more efficient companies in order to survive the culling.

But, when you allow a monopoly to essentially own the whole market, you have the problem of culling that one company means no more producers, while leaving it alone it will refuse to shrink (think of the stock prices!) and continues to over produce hoping for a miracle. Hence the whole economy suffers either way.

Comment How about workslop from management? (Score 5, Informative) 48

"workslop" -- AI-generated content that appears polished but lacks substance

I regularly receive human-generated content that appears polished but lacks substance, from management, throughout decades of my career.

Wonder why no one did a study on how much money do management workslop wasted.

Comment Re: "It might be tempting to blame technology... (Score 1) 109

On the other hand, that's shit. If we continue to accept that, then that's what we will continue to have.

While I absolutely agree there are management who are like babies wanting everything yesterday, there are real situations where things need to be done NOW.

You need to distinguish between the two if you want to keep you job.

Comment Re:Studies show people work less hours WFH (Score 5, Insightful) 66

We went 2 years working from home, did the same work, hit the same deadlines, delivered the same products. If they're measuring a decline in productivity WFH vs. WFW, they're clearly making a mistake.

What they experienced is the decline in boot-licking and ass-kissing that management enjoyed as a perk in the office. Or the sexual harassment that some managers do in office. WFH deprived those managers of their joy, hence, back to offices!

Actual work? No one cares about actual work. Finishing your work earlier in the office just means you get to waste the remaining office hours.

Comment Re:More passive layoffs (Score 1) 99

Increase misery to get rid of staff so they don't have to pay severance.

Yes, that's the first thing came to mind when I saw this headline.

More layoffs coming to MS. Karma, I would say.

And I laugh at those who think following the orders and go back to office could avoid being laid off. No, it would just get you a severance package at most.

The smart ones will stay remote working while looking for another job before getting disciplined for not going to office.

Comment Re:So many things that contribute to this (Score 2) 215

No Child Left Behind - teach test taking, rather than subject matter or how to think.

While this is a common meme in /., one has to wonder, after so many years of NCLB, kids still fail at tests and getting worse.

So exactly what kind of "test taking" was NCLB teaching? Definitely not the kind that makes kids better at taking tests from we can see in the results.

Comment Spending for the sake of spending (Score 3, Insightful) 43

There is no chance of NASA sending anyone to Mars in the next 10-15 years.

Simulating anyone living on Mars with current technology is the complete waste of time. By the time NASA have any real chance of sending people to Mars, the technology available, e.g. automated robots for chores, AI for companionship, synthetic food, etc, would be so vastly different that the result of this simulation would be no different than studying people living in a cave for a year.

This is purely spending money for the sake of spending, so NASA's budget would have something there in hopes of it won't get slashed next year. But it will in any case, we can hope this project is the one getting axed rather than other projects that might give some useful results.

Comment Why sugar itself isn't included? (Score 1) 84

So what is the effect of eating as much sugar instead with similar/equivalent sweetness? That could actually provide useful information to people choosing to use or not use artificial sweeteners.

Well, maybe take a look at who pays for this study may give some hints...

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