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Comment Real Estate in 2024 is Tulip Mania of 1634 (Score 1) 191

This entire article is wrong and the people writing/reposting it are idiots for the same reasons that economics is a junk science at best. A thousand million brainwashed idiots on Twitter does not reality create.

All one has to do is look back to the Japanese real estate collapse of the 1990's Tokyo market. Anyone who isn't an economist or real estate 'professional' can see that there's going to be a massive bubble bursting, very soon. Commercial Real Estate in 2024 is no different from Tulip Mania in 1634

Comment Re:Not a secret (Score 0) 27

A friend of mine clued me in to how frighteningly incompetent two institutions in Australia truly are - the ISPs and the federal government. It takes a really... bizarre company to not take step one of responsibility for security and then argue in court their negligence should be kept a secret. I wouldn't be surprised if Starlink dramatically cuts into their market share if/when they reach Oceania

Comment Economics = junk science; economists = criminals (Score 1) 299

Don't take my word for it, read Black Swan by Nicholas Noah Taleb.

The fundamental assumptions of economics cannot be tested or subjected to falsifiable hypotheses. No economic theory, micro or macro, can be tested with controlled double blind studies, because there is only one economy, akin to a single living organism, and portions cannot be isolated to test single variables. Now that we've proven it's junk science that involves hand-waving with calculus, let's address economists.

Economists are people who cannot and do not question the contradictions in their field of endeavor... similar to Scientologists. Much of their work is creating elaborate [econometric] models, using a state of mind that can only be described as criminal negligence. These models never predict their own failure (market crashes). Their basic assumptions, such as 'rational markets', involve psychological gems such as viewing the average consumer as a wealth-maximizing robot. These models never account for grey markets, black markets, conspiracies, corruption, or government intervention. The 2008 Financial crisis is a study in "Irrational" behavior by the largest banks who simply bought enough of the federal government that they could repeal Glass-Steagall, allowing them to gamble their commercial assets into high risk, corrupt, and conspiratorial investments like subprime mortgages... completely Rationally from the perspective that their control over the Federal Government would force a Bailout in the event that the high risk investments collapsed... but the same investments would produce huge short term rewards. We all know what happened.

Economists from the head of the Federal Reserve on down should be jailed for treason. That would be the efficient solution.

Comment Re:The real reason (Score 1) 60

"Even if the provisional application Sonos filed in 2006 or the corresponding non- provisional application Sonos filed in 2007 had actually disclosed the invention, that would be all the more reason to hold Sonos waited too long to claim it, to the prejudice of Google, not to mention other companies and consumers."

This is a really screwball sentence. Without more context, I think the judge flat up got something wrong (not difficult to do in patent law, but obviously not a sign of competence). It sounds like Sonos must have used multiple continuations to go from the 2007 non-provisional to the 2019 application, which is procedurally fine. Perhaps the key is the use of the word "Claim," which is one of those loaded words in patent law. It has the ordinary meaning of "I say this is mine" but it also is a specific legal term, the part of the patent (know as The Claims) where you use scientific legalese to specifically say what you have. The only possible way the judge could have any sort of leg to stand on would be if the invention was disclosed by Sonos in the written disclosure but not actually present in the claims language, and I'm not even sure off the top of my head what would happen in that case.

Comment Re:But (Score 1) 118

Didn't know that about PGPR, yikes. In the book Salt Sugar Fat there's an interview with the creator of Velveeta cheese. The dude recounts spitting out his usual afternoon snack of Velveeta and crackers and rushing to the phone to scream at the company for replacing the 20% or so of actual cheese the classic recipe used to contain. According to him the modern formulation tastes like axle grease.

one of the things I've found is that the processed food industry has their shills and paid defenders fucking EVERYWHERE

for instance every mod of every food or food science related subreddit believes that MSG is perfectly fine and that anyone who says otherwise is an anti-asian racist spouting conspiracy theories that fly in the face of 'peer reviewed science.' I love that phrase, since the Processed Food-Pharmaceutical Industrial complex seems to do an awful lot of peer reviewed science that serves their own agenda.

Comment Simulation isn't even a hypothesis but a thought (Score 1) 170

experiment. By definition you cannot come up with a provable or falsifiable hypothesis relating to the notion that everything is a giant simulation. Anyone who talks about The simulation, simulation risk, etc as something which is either provable or a cause for concern is:

-A moron

-Someone who does not understand the very most fundamental concept of math/science (the concept of a hypothesis)

-Someone with a species of personality or brain disorder

Comment Honest Question: (Score 4, Insightful) 70

Did Newsome suddenly sign or veto something like several dozen bills? Why has my news feed blown up with at least 10 items today? It raises many strange possibilities, including distracting from some other bill they want kept under the radar, or some kind of controversy around Feinstein's replacement

Comment Black Swan by NN Taleb (Score 0) 59

Had a lot to say about Vegas casinos, very little of it good. They're a classic (negative) Black Swan business, in that their four greatest losses were due to unpredictable Black Swan events and had nothing to do with cheating, which they've over-defended against in classic Mediocristan (read the book) logic. This hack is definitely the fifth major loss and also a Black Swan.

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