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Comment Re:Source of 40% figure? (Score 1) 117

[To answer your question, the figures typically come from CDNs and major websites doing browser data analysis so, while there's quite a bit of wiggle room, they are going to at least be in the ballpark and definiltely not orders of magnitude out.] Personally, I think people are being too simplistic about the stats and likely outcomes and, arguably, focusing too much on entirely the wrong issue.

I totally agree on your main point; 7-8 years is a good run for a specific major release of an OS, or any other software application. You might not like the decision, but Microsoft announced the end of official support some years ago and that we're now approaching that deadline is just BAU and not something anyone should really have an issue with. They're not taking Windows 10 off you (yet?), but they are making it clear that if you continue to run it you're doing so at your own risk from next month. Pretty much everyone, including the FOSS community, does this with older versions at some point. It's been done countless times before, and will be done countless times in the future - in that light, singling out this one specific example isn't a particularly sound argument, is it?

Whatever the percentage of Win10 holdouts is (I've seen recent figures closer to 50%), it's highly unlikely to be entirely down to "lack of TPM". Windows 11 is a privacy raping UI/UX nightmare, so I suspect a large majority of those Windows 10 holdouts have hardware that actually could run Windows 11 just fine, but are actively choosing not to do so. When many of them inevitably get compromised (which they will), it's going to be interesting to see who gets the blame for that - and the fallout from whatever the resulting botnets are used for - in the media, but that's another topic for another day. There will also be another fraction who simply don't know or don't care; the OS is part of the hardware purchase, and if the hardware is working fine then there's no reason to change anything, and they'll only upgrade when things break (likely due to overworked fans packing up after the CPU has been running flat out for several months as part of some botnet or other). Given most users performance needs have hit a plateau, that could be quite a large fraction, and will naturally decline over time. Finally, you'll have the fraction that understand the issue and have legacy hardware, but can't / won't upgrade because of other user-specific reasons - e.g. they just can't afford it right now.

Key point: none of the people in those groups - probably the majority of that 40-50% - are going to be sending their old PCs to landfill any time soon, and certainly not all in one go on October 14th.

The real issue here is that Microsoft has arbitrarily decided - for the financial benefit of themselves and their hardware/advertising partners - to try and force an unnecessary hardware and OS/"telemetry" upgrade, rather than simply put a banner in the setup process starting with something along the lines of "This hardware lacks critical security functionality and your data may be at increased risk...". We know beyond a doubt that this is an entirely arbitrary hardware requirement decision because of all the workarounds posted online showing how to get Windows 11 running on hardware it supposedly doesn't support. That is pretty much textbook abuse of a monopolistic position in the market, and that's the tack PIRG (and the likes of the DoJ, FTC, EU, etc.) probably should be taking; force Microsoft to remove the arbitrary restriction but make it clear that if you don't have TPM 2.0, that's on you. If you understand what TPM actually does, then you probably also have at least a basic clue about PC/network security and will realise that is pretty much zero additional risk outside of some corporate environments.

Yes, there will still be holdouts, just as there still are on even older software releases and Windows version, but at that point it's entirely on them. They've either chosen the Windows 11 path, with all that entails, or they've chosen some other option (trying to secure a Windows version <11, Linux, Mac, whatever) with all that entails. As long as is not a monoculture with a common failure mode, we should be fine with that.

Comment Re:Hey Remember (Score 1) 205

... and that, children, is why capitalism is waaaaay better than communism (;-D).

The massive distortions in the real estate market have stemmed from the wall of money created by decades of near-zero interest rates. This has driven serious malinvestment.

Was that capitalist? Well, the money supply is indirectly controlled by the Fed, which -- due to political pressure -- attempts to iron out the business cycle by creating walls of money every time it looks like things are getting choppy.

One could argue -- and I would agree -- that this is better than the pure unfettered capitalist alternative, which would see bank failures and people's life savings wiped out for no fault of their own. However, as a consequence, we get this absurd malinvestment problem.

There's more to this. You might ask, why doesn't the Fed just set the interest rate higher, so that people really need to have a productive use for money before they go buy up a bunch of houses? That hits at the heart of the stated goal to create persistent low levels of inflation, which allows the government (and debtors everywhere) to debase their debts. Because otherwise people wouldn't borrow as much money to drive economic growth. I find this nonsensical, because we loosening capital requirements creates precisely the malinvestment we want to stop. However, it's the government likes the ability to continuously debase its debt.

So it's not capitalism, and it's absolutely the result of policy choices, and it doesn't have to be this way. But it is because it suits the needs of powerful people in society.

Comment Re:We are so screwed (Score 1) 205

Communists countries found ways to incentivize people to work. It's just that people ended up doing all the wrong things (in aggregate), and the system became hopelessly byzantine and corrupt. They really needed prices as a signalling mechanism for demand and scarcity. There's a great book on this by an economist. Socialism, the failed idea that never dies. Niemietz spends most of the time talking about the history of how people talk about socialism, but there's sections of the book specifically dedicated to a clear explanation of why it always must fail, and why it always must turn authoritarian. There's a short counter-factual story at the end, where East Germany is a non-authoritarian communist state, with precisely zero human rights abuses, and how the system of socialist incentives lead to complete dysfunction.

Comment Re:Roundabout protectionism (Score 1) 205

Indeed, complete with the "lost decade" that turned out to be 30 years of no-growth, and an aging population causing deflation. Except in China the problems are larger in scope, and the gradients are steeper. I'm not saying that China is going away. I mean, Japan is still there. It's just that the narrative changed on Japan, and it will change on China too.

Comment Re:Every few years, a new canard (Score 2) 205

Housing prices in the USA are set by the rate of interest (which sets mortgage serviceability), and the ability to build. As interest rates go up, housing prices go down. And houses are cheaper in red states that have fewer building restrictions, but still have, nonetheless, good job markets.

People made huge amounts of money off of housing in the USA, because interest rates slowly decreased from the 1980s until just a few years ago. Every time the interest rate was cut, incumbent home owners laughed all the way to the bank.

Those days are _done_. Interest rates bounded off near 0%, and we're staring down the barrel of sustained inflation. Nobody is going to make a fortune off of sitting on real estate for several decades.

If you want to buy a house, move some place where supply meets demand, making houses a little more expensive than the cost to build. There are many such places in the USA.

Comment Re:Every few years, a new canard (Score 1) 205

Parts of the Chinese economy are "pretty normal capitalism". However the majority of capital is directed by state banks to state industries. This is classical socialism, where the government controls the "commanding heights" of the economy. So pretty far from capitalism which relies on price signalling in the allocation of capital.

Comment It's all optics (Score 1) 205

It's a brute fact that China's economy is suffering from a lack of price signalling, and that this is causing a massive misallocation of resources. The same thing happened to the USSR and the Eastern block, which certainly succeeded in driving steel production higher than the USA. Just... there wasn't any productive use for the oversupply. In the 1980s, one economist wryly noted that East German heavy machinery was worth less than the raw materials it was made out of.

The CCP is big on selling you on the idea of the inevitable rise of China. It's all optics. The psychological warfare of fear and greed. They are sitting on unprecedented levels of capital misallocation. Great. They can fix all that. But they'd have to change the system that produced the misallocation in the first place, and I certainly don't see that happening.

China isn't going anywhere. It's still going to be here in the future. The CCP has the tools of social control to pick winners and losers, and grind the underclasses to keep the system going. What's going to change is the optics.

Comment Or, maybe they've decided to monetize the data? (Score 1) 205

Given the vast amount of data that is collected and sent to the mothership in modern "connected" cars, maybe they realised they can sell that on? Apart from all the obvious stuff like realtime tracking data and telemetry on your driving style while you are are on the road, there's your preferences on playlists, what kind of temperature you prefer (from which health info can be inferred), what stores you prefer and where your friends and family live, (extracted from parking location data), all tied into the real ID you used to buy and register the car - no "dark profiles" here.

It's a model that seems to be working very well for browers and certain OSs, as well as pretty much all of the Internet of Shit. It might cost a bit more and be a lot larger than some connencted $20+tariffs widget, but a modern car is still just another component of the IoS. It's said the margin on a mass market car is around 5-10%; care to bet that the captured data is being sold on to info brokers for a whole lot more?

Comment Re:Either the recordings are still available or no (Score 1) 41

This page claims over 400,000 recordings but links to a listing of only 187,034 audio files. I'm guessing the discrepancy is the girth of the suit: IA agreed to take down the files that the plaintiffs could prove were theirs and no money changed hands.

Comment Re:How do companies wind up with so many employees (Score 2) 47

Or it's a new take on the "RTO Mandate" approach to headcount reduction leveraging a kind of reverse Dunning-Kruger.

Right now, everyone at Opendoor is thinking of their colleagues and wondering if they are in the 15% that won't get the cut. For a team of 20, that means you've got to either truly believe that you're in the top three of that group, are blissfully naive, or will be polishing your CV and getting it out to agencies this weekend, and since company morale just went to shit, there's a pretty good chance that a chunk of those who *are* confident they'll make the cut will be doing the same, because once everyone else is gone they're going to have a lot more work to do. Good luck running the company on the blissfully naive remants.

Yes, there's probably a LOT of deadwood at Opendoor but, like RTO Mandates, this isn't the best way to get rid of it, and will have the same result as RTO; a lot of the best and brightest will be deciding the door they really want is the exit door.

Comment Re:Dire prediction. (Score 2) 121

Rich people (at the level you are implying) are generally egomanical, narcissistic, sociopaths who have no idea how to do the day to day things in life because they pay other people to do it for them. If you cream off the ~10,000 wealthiest people on the planet and put them into a community of some kind, even with robots to do the bulk of the work, I would still predict you'd rapidly find yourself back with a "1%" of around 100 mega-wealthy people, amid on-going power stuggles that soon turn ugly and gut the robot population (who else is going to do the fighting?).

With the labour pool mostly gone, the total population of meatbags will reach 0 soon after. It'd be like the Golgafrinchan B Ark, only much more so.

Come to think of it, there's probably a pretty decent dystopian short story with some very dark humour there...

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