To fix the internet, Laurie Voss, CTO and cofounder of NPM, took the "unprecedented" step of restoring the unpublished left-pad 0.0.3 that apps required.
Yes, percentages mask two big factors: generational bias and the basket of goods. With the number of good-paying jobs shrinking due to globalization and automation, the few remaining jobs are going to Boomers and GenX'ers who have experience, shutting out GenY/Millennials and GenZ. At the same time, the basket of goods those younger generations are facing is skewed due to college tuition outpacing average inflation.
Thus the younger generations are facing the double whammy of fewer jobs and a basket more expensive than average. This has led to the term https://www.reddit.com/r/lostgeneration/.
50% rise in eight years? That's only 1.5^0.125 = 5.2%/year. That's less than the rise in college tuition. For the extremes of the range, there is the ridiculously low CPI of 10% over eight years and the ridiculously high ShadowStats.com of 100% over eight years (view page source to see the hidden value). The geometric mean of those two extremes is sqrt(1.1*2.0)=48%.
Maybe 50% over eight years (5.2%/year) is in fact overstating actual inflation, but it's far from self-evident. By just stating the number and expecting people to be shocked, Mark O'Neill is, intentionally or not, advancing the wage-suppression-through-inflation scam.
His model is way too weak.
We further assume that a leak of information from any conspirator is sufficient to expose the conspiracy and render it redundant
So any single person acting alone, of any stature in society, can bust open a conspiracy and get it on CNN?
The problems with this model are many:
1. It ignores authority and credibility of the leaker
2. It ignores the reach of the leaker
3. It does not define when a conspiracy theory has been proven (e.g. a reasonable definition is whether a specified percentage of the population understand the conspiracy to be true)
For example, to use one of the examples of a true conspiracy the author used, the NSA:
The National Security Agency (NSA) PRISM affair—The staggering extent of spying by the NSA and its allies on civilian internet users was exposed by contractor Edward Snowden in 2013.
That's just factually wrong. It was substantially exposed on PBS in 2007. Why am I quoting PBS? Because I know it is perceived as an authoritative source. Why do most people not know about this? Because PBS lacks the reach.
Both authoratativeness and reach are required to expose a conspiracy. And once these two elements are added into the model, then one is forced to accept a non-trivial definition of conspiracy-proven-true by setting a threshold of population who believes (and not simply saying one leaker implies the whole world instantaneously and fully believes).
The Trolley Problem is a red herring that distracts from the real danger: government remote-controlled detainment of political opponents, as depicted in Minority Report. Plus, any number of variations: script-kiddies hacking, drug cartel kidnapping, kidnapping/trafficking of women/children, murder-for-hire (drive off cliff), nation-state espionage and assassination. When major crimes, and not just credit card scams, become available to the push of a button, the risk threshold to the criminal is lowered for heinous crimes.
In addition Beazley point out that the piracy lawsuit was filed November last year, several days before the December 1, 2014 date the insurance policy began.
the former Soviet Republic
Might as well just say pwned by Lenin
Nothing will ever be attempted if all possible objections must be first overcome. -- Dr. Johnson