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Comment Economics 101 (Score 3, Insightful) 62

Aluminum, back when it was a novelty, used to be pricier than gold, people bought it as a status symbol.

Here's the thing: if you reduce the price of something, and demand is elastic, sales volume increases.

https://en.wikipedia.org/wiki/...

If the unit cost of an imaging procedure drops, it shifts the optimal resource allocation in healthcare. It becomes more sensible and economical to order radiology than before. Even if volume doubles while AI reduces human involvement by 30%, that's still a net increase in demand for radiologists.
Consider also that more people likely work in today's energy sector—oil extraction, nuclear plant operations—than ever chopped wood for a living in the middle ages. Energy output is vastly higher, efficiency gains are even greater, and total employment is somewhat higher too.

Comment Kicking Pat (Score 1) 126

Of course, Kicking Pat Gelsinger had nothing to do with either leaving Intel in a sorry state, or helping it recover, once he was back. And especially, he has nothing to do with the preparedness of the organization during the couple of years he was away, because the way top management works is that actions only ever have immediate impact, which of course no longer applied once he was back.

Sheesh.

Comment Re: Those who cannot remember history (Score 1) 265

That Ukraine (a non-NATO country) got attacked and the Baltic countries haven't, and that Sweden and Finland felt the need to join NATO, and that former Warsaw Pact and Eastern European countries correctly predicted that russia may well regress back into the imperialist power they had been for centuries, are not good enough proof for you that NATO is just as necessary today as until 1989?

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