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Cake day: July 2nd, 2023

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  • Sellers raise their prices because they have buyers ready to pay that higher price.

    Say your have the best restaurant in town and you have a line down the street and everyday you sell out of food before lunch. If you raise your prices the line will get shorter as some of your more price sensitive customers decide to go elsewhere. Keep raising them and your shop will be empty as nobody wants your food at those prices. The “right price” is where you get the most money you can for the work that you do in a day. Right?

    You should be looking at your wages exactly the same. Ask for 10k per hour and you’re going to be jobless. As for 5 per hour and you’re gonna have lots of offers but not make enough money. Try to find the “right” wage. This is why wages have been going up faster than inflation pretty much every quarter since some time in 2022.

    And no, we shouldn’t punish you or our hypothetical restaurant owner for setting your prices properly.

    Also, taxes don’t remove money from the economy so it would be neutral from an inflation standpoint. But that’s a much longer story.


  • Pohl@lemmy.worldtoTechnology@lemmy.worldAre We in an AI Bubble?
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    5 months ago

    Nvidia is making a thing and selling it. No matter what happens with AI tech, they are going to keep their winnings.

    Everybody else… well they borrowed/raised and spent a FORTUNE on R&D, chips, and electricity to make a product that has no realized commercial value (yet?). They are either going to figure out where the money comes from soon or the bills gonna come due. The next 12 months are going to be popcorn worthy if you like watching the tech industry.


  • “Privacy” means two different things depending on the audience. For me privacy means that my information is not being used to advance some organizations commercial interest. For others it means that my information will never be shared with a government.

    Don’t advertise to me

    Or

    Don’t narc on me

    I guess I don’t really expect a company to resist pressure from government agencies on my behalf. Especially if I have been using their service to commit crimes in my country. If you are doing things your government would prefer you didn’t, hire a good lawyer and consult with them about what should be sent via email (spoiler, it’s nothing). The mafia doesn’t send emails, or put anything in writing, if you do crimes, you shouldn’t either.



  • It’s the same thing the right does with government. It is a truism that there is all sorts of “inefficiencies” where the money is going to the wrong people for the wrong stuff.

    In both cases, it’s sort of correct and sort of wrong. Corporations, governments, and any human institution beyond a certain scale (a few hundred people), will leak wealth into places it shouldn’t. It’s an unavoidable feature of our species as best I can tell.

    It’s fine to accept it, it’s fine to be angry about it. It’s silly to blind yourself to it in some places and whinge about it in others.



  • Wall Street investors gave him the money. Him knowing that they would be dumb enough to give it to him is the reason he got it. Which is a weird way of “earning” money but it kind of is.

    Despite our feelings on the company, Wall Street ate that shit up, thus his equity package is worth all that money. Why did Wall Street like Reddit stock so much? I sure don’t fucking know, which is why I never thought to ask them for hundreds of millions of dollars for a company that loses money hand over fist.






  • I definitely did not claim it was braking privacy. As far as I can tell it was just querying an update server but for some reason it was doing it with such frequency (hundreds a minute for hours out of the day) that I deemed it was broken and that the OS was not managed well.

    Other people took a more suspicious view but mostly they just lost my trust that they had any business running a system on my network. If you google around you can get more nuanced takes I don’t actually know if they ever fixed it.


  • HAOS is a managed operating system, which is perfect for people who want to automate their home but don’t want to manage a Linux machine. It’s a little wild to me to see a person in this community advocating a managed OS. Like, what are we even doing here??

    I killed HAOS and set it up in docker because it was phoning home a lot. Sometimes there were hundreds of dns queries a minute to HA servers. No thanks.





  • It sounds like they solved some problems with mixed reality stuff that nobody else has been able to solve. Getting pass through to be perfect is a pretty big deal if you care about this stuff. It also sounds like the UI they designed is very good.

    The price is completely outrageous, this thing is not going anywhere if they cannot get it down to 1k ish. And let’s be real, nobody really wants to be in a headset. And the culture is not going to accept people in headsets they way they did phones.

    I guess hats off to them for making the best headset device on the market. But, I still think the headset market is a dead end.



  • When I first read your comment I wanted to say that managing with these units isn’t really all that difficult. But, then I remembered that I have a magnet on my fridge that converts teaspoons to cups to quarts etc. I don’t know anyone who keeps that info in memory. Doubling or halving an American recipe can be an exciting math project

    It’s fun to see what metric conversions an American has memorized. If a person can quickly convert miles to Kilometers, they are probably a runner. If you ask a group of colleagues how many grams are in an ounce, the dude who quickly say “28.3 give or take” is a pothead.