Comment Re:Do you know what you do? (Score 1) 164
It's especially irksome when it comes from the areas of 'tech' that are frankly kind of lightweight in a technical sense. Somehow the hardware side manages to go from 800nm to 5nm without sounding off their meds about it; while dudes who manage to pay someone to pay AWS to serve some javascript to a webview on an iphone are babbling about how how disruptive their innovation is.
Comment Re:The only way to fix it is to fix the rewards (Score 1) 95
> You tell me. Should there be a maximum allowable salary? How do we make a completely level playing field?
I know of no one who uttered those words,
In early Soviet Union, there was indeed a maximum salary, called a partmaximum.
Wesley Lloyd representing the State of Washington proposed an amendment to the U.S. Constitution that would have limited annual incomes to $1 million
Another colleague John Snyder introduced another amendment proposal that would have limited personal wealth to $1 million.
President Franklin D. Roosevelt proposed a maximum income of $25,000 Also proposed a 100 percent tax on income over 40,000, yeah, I know those two numbers don't add up quite right, probably after the 25,000 was taxed.
Until it was fixed, people in Sweden occasionally faced a tax of 102 percent. Talk about a positive feedback loop. Astrid Lindgren was an example. https://en.wikipedia.org/wiki/...
So there are plenty of people who demand a tax rate of 100 percent on any income over (x), which is exactly a maximum wage.
I think people call it a better distribution of wealth, that doesn't need a level field but when there is too much concentration of wealth there is also too much concentration of power (capitalism by definition?).
Well, I do suspect that if you create a maximum wage, and just give that money to everyone else, and keep doing it until there is a standard salary. That's a level playing field, where everyone makes the same wages. And then the question becomes, If I make the same mopping floors as I would in stressful dangerous jobs, what would be the reason to do those jobs?
> I have to note, I was born in poverty, and worked myself up to around top 10 percent. Zero help. Put myself through college, built a salable skillset. Doing 6 figures in retirement.
Not sure how you mean that. You had the background, the skill, and the help you needed.
What help was that, since you appear to be claiming I am dissembling? My family told me that I was on my own after graduating high school. And what kind of background makes for success. We lived on surplus food (no food stamps at that time) I wore clothing from second hand stores, or hand me downs from relatives. The only "help" I got was marrying a woman with similar values. Which means she didn't overspend by nature.
> So I'm probably in the group who need penalized for success.
When I hear relatively rich people talk of taxes as "penalizing" I hear griping and unbecoming victimization.
Sigh. If there is one thing I detest, it is people playing victim. No, I'm no victim. I find people pulling out replies like you just did rather unbecoming. and really, like uno reverse victim claims.
I hear people working very very hard to cast me as the mortal enemy. If you noted, I support the social programs we have her to help the poor people in teh country - but kind sir, I see this all the time. You need an enemy, someone to be everything that you believe is wrong. Your hatred noted, may it serve you and your narrative well.
Success? I wonder in each case what that means. I want to ask questions like was or is it ever at the detriment of others or was it a sum total positive for society?
I know, right? Success for me is having enough money to do the things that make life worthwhile. Money in and of itself is very boring. And many people on both sides of what was once classed as class warfare are consumed with money.
I even enjoy paying it forward. Success is living well, So I take vacations pretty often. I live in a decent but not ostentatious house. Now to paying it forward. When I go out to eat with the wife or friends, I tip 75 to 100 percent. My woodworking "hobby" allows me to donate a lot of rather fine bowls and flatwork to various charities that have auctions and they generate a lot of money for them. I’ve been the CEO of two 501(c)3 charitable organizations, one youth sports oriented, and the most recent one a public education and public service organization. Wife and I contribute to food banks. Do I have money? Sure. But my definition of success isn't just the number of dollars in my checking savings, and investment accounts.
In stark reality, all of the eat the rich people are just practicing their own version of hatred. And your narrative is just an attempt to cast me as that privileged class, who leech off of society, while stomping everyone else.
Regardless, since you have already accused me of lying, you. are likely just going to be saying all the other things I say do that don't align with your narrative are just some rich person lying.
I thought we might have a fruitful conversation. I was completely wrong about that part.
Comment Re:If he is right about AI then Proton is in troub (Score 1) 164
You could already DIY-mailsever in a fairly short span of time well before it became viable to ask a bot to do it; people just prefer not to because babysitting postfix just so that you can get rejected by the various services people you are tryign to reach use is not terribly rewarding.
It's not necessarily a glamorous or high margin sort of business; adequately competent hosted email isn't a wildly differentiated product; but people tend to not enjoy changing email addresses/repointing DNS/migrating mailboxes; so it's not a super cutthroat commodified market where people switch every quarter for the absolute lowest price. If you don't do anything particularly obnoxious or try to push price hikes there's a decent amount of inertia.
However, and this is what makes this guy's ranting seem so unhinged, it's precisely not the sort of business where you'd expect some sort of "AI transformation"; or a bunch of panting about whether the stack has velocity. Proton's config is a bit more fiddly than average, because it is supposed to provide better than 'just trust me bro' privacy assurances; but they do operate the fax machine of the internet age. We call it "email". And their customers are paying them for mailserver stay up; not the agentic everything app.
I'm not sure if this guy is butthurt because he didn't manage to score a nobel during his science time; or because he's not looking at an altman IPO; but the fact that he is screaming like a lunatic about “ruthlessly smash everything that stands in the way of AI velocity" when he runs something that is, as a feature, supposed to be a deeply boring utility suggests profound temperamental unsuitability.
Comment Do you know what you do? (Score 1) 164
Dude, you aren't some kind of randroid superman hero of industry. You run a kind of boring utility company. Which is fine; civilization runs on boring utilities quietly handled by competent people. Problem is that you don't seem to be fine with it.
Comment Re:The only way to fix it is to fix the rewards (Score 1) 95
We do the least we can do for the most vulnerable, and even then the R party says they don't deserve any of it, it's their own fault, bootstraps etc. ad infinitum.
I do not know that what I have posted qualifies as any "least" situation. What is your solution, tovarisch? A real solution, just not more of the incitement to eat the rich.
The small amount the US does for the poor does not make us a socialist country.
Never said it was, you just saw something you didn't like, and stopped taking input. to clarify, I'll repeat - I wrote:
"Well, to clarify, since we're. worried about communism versus capitalism, the US is in no way shape or form capitalism. It is a mixture of corporatism and (cover the kid's ears folks!!) socialism."
We have quite a few socialism based benefits for people of low income. I already pointed that out, but by that time, you were freaking out.
The companies that own the section 8 housing are charging the government the balance of what they "should" be making at market rates.
There is a reason why section 8 exists. That reason is the failure of the so called "projects", where apartment buildings were built for low income people. Ironically, one of the reasons they failed was that they would not take working class families, but only the poorest, most needy, and oftentimes most troubled. They were also built in the poorest urban areas. They also had rent control caps, so maintenance often couldn't be made - there was no money for it.
Section 8 is not perfect and has its issues, but it does a couple things the projects did not. Section 8 has mixed income housing, the poor are living in the same places as middle income people not on section 8, and mixed social integration.
Ultimately, capital makes all the decisions in this country, not the poor.
People make the decisions. Money indeed does play into it.
That said, with your apparent desire for the poor to make decisions, we do have to deal with some unfortunate truths. Wealth, or the lack of it, does not translate to worth. Some people are born to wealth, some achieve it via hard work, some achieve it through unethical means. It is a mix.
And the poor - it is very similar, some is bad luck - think the handicapped, some of the mentally challenged. Some is drive - not all people have drive. This is also a mix.
We have other things in the mix. Wealthy people who believe all poor are deserving of it, and poor people who believe that worthiness and ethics are inversely proportional to the amount of money a person has. Both are abysmally brain dead ideas, and leave the believer in a highly manipulable state.
I might have a viewpoint based on my personal experience of starting out in poverty, and working my way many rungs up the social and wealth ladder.
Asshats and good people are on each level.
And I do judge. I do it based on character, not the contents of the wallet or amount of melanin in the skin, or country of origin.
Comment Re:The only way to fix it is to fix the rewards (Score 1) 95
We've tried making the many the boss. Turns out it doesn't work so well. Just enables the not-so-good guys rise to the top more easily.
Welcome to the human condition. People can go reeee about the governments they hate, and lay all the problems at "capitalism" a dog whistle for the USA, but that shows you are more worried about governance than the actual problem. Especially when the big four are China, US, India, and Russia. Laying this at the feet of the USA is pointless and simply wrong. We are part of the problem, not the actual problem.
And the problem is that we have a pretty big problem. We are in a bit of a positive feedback loop now, de-sequestering methane. The time to speak of tipping points is long gone. IMR&IO, the actual tipping point was some time in the mid 1980's.
Pissed off a comrade, did I?
Comment Re:Yet gambling on the stock market is just fine (Score 0) 53
Comment Re:Yet gambling on the stock market is just fine (Score 1) 53
https://thehustle.co/hs-fs/hub... 1/6 of US households now have over $1M in net worth. There are millions of us all over, living comfortably in retirement, balances go up and down but mainly up. Stick with investing and towards retirement it and your annual growtih will likely dwarf what your salary ever did. Buy and hold low cost index funds, it works.
Comment Re: Is any company managing to make AI anything pa (Score 1) 94
Comment Re:Screw Reddit (Score 0) 40
It's such a joke, they go hyperbolic running some story that Elon Musk banned somebody from Twitter. Then they ban like crazy at the drop of a hat.
Comment Re:Maybe (Score 1) 93
Comment Re:didn't they advertise during the world series? (Score 2) 53
Comment Re:Yet gambling on the stock market is just fine (Score 4, Insightful) 53
Comment Re:The only way to fix it is to fix the rewards (Score 1) 95
> lay all the problems at "capitalism" a dog whistle for the USA
Well, those are distinct problems, economics (the social science) and authority figures.
But actually who said capitalism is the root of all problems in this case?
I know of no one who uttered the word that "capitalism is the root of all problems"
However, is that an actual point making the many posts speaking of end stage capitalism, or is from OP "With capitalism we are rushing off the side of a cliff."
not If you demand specific wording, no - I saw no such exact wording. But unless you are new here, there is a lot of hate heaped on "capitalism" Especially towards one particular country where there is a narrative that said country is run by capitalism. It isn't
How would capitalism do if the market accounted a lot better for negative social costs and the playing field's current maximum rate of unlevelness was rolled back?
Well, let's look at the country in question. Here in the USA we are not living under capitalism. We have a combination of corporatism, with a lot of socialism effects tossed in.
There are many benefits for people of low economic means. Free phones, free laptops, Heating oil assistance, low cost internet, section 8 housing (if you are not an American, Section 8 is a program where a low income person pays a small amount, perhaps a couple hundred dollars a month for their apartment and the Government picks up the rest) WIC- Women, Infants, & Children program giving free food. Medicaid for children and many adults. Medicare, Social Security disabled benefits for adults, and children, even Social Security benefits for children of older parents. We have food Stamp programs, we have free transportation for poor and retired people, including personal pickup and delivery for people living in areas not served by regular public transportation.
This does not sound to me like Capitalism in any shape or form.
These are things that don't get mentioned much. At one point in the past, I provided cites and links to all of this. It varies by state, but even deep red states have these programs.
How would capitalism do if the market accounted a lot better for negative social costs and the playing field's current maximum rate of unlevelness was rolled back?
You tell me. Should there be a maximum allowable salary? How do we make a completely level playing field? Force the driven not to work?
I have to note, I was born in poverty, and worked myself up to around top 10 percent. Zero help. Put myself through college, built a salable skillset. Doing 6 figures in retirement. So I'm probably in the group who need penalized for success.
So how do we deal with the driven vs the non-driven? How do we deal with those who build something? I built my money through frugal living and saving while young and then at around 50, really hit my stride. Waited until interest rates were down, then bought a house that's below what I was approved for, and paid it off in less than 15 years. Kept saving and investing. Don't want to turn this into Ol's financial classes though.
And I'm astute enough to know that not everyone is going to do that. But in the modern parlance, I am the bad person, and they must have the same economic resources as I do. So yes, I've been told I was part of the problem.
Now I might not be the brightest person in the room, but my experience has been that while some are whining about how bad it is that only some people have money, that the proper gestalt is a level playing field, I would propose that it really isn't possible to make that level playing field. Mainly because of different abilities and individual drives.
What do we do with the "obscene" rich, and the poor that are not driven or mentally capable on the other end. I've personally shown that with drive, a very poor person can work their way up that ladder. Takes hard work and financial smarts. No, not everyone has that combo. And here in the land people love to hate we have a way to help the people that might be stuck on the lower end of the economic scale, and don't really care about rising any further. I support such a system.
Now your solution for a level playing field?