I can confirm anecdotally that this occurred with a top-of-the-line MacBook Pro (15-inch, Mid 2010). Despite claims that Apple hardware is reliable and holds its value, I'll never buy one of their personal computers again.
5,377 karma · joined March 10, 2013
I can confirm anecdotally that this occurred with a top-of-the-line MacBook Pro (15-inch, Mid 2010). Despite claims that Apple hardware is reliable and holds its value, I'll never buy one of their personal computers again.
With a rising share of income going to robots (capital) rather than humans (labor), there needs to be a stronger social safety net. This means guaranteed health insurance, health care, retirement benefits, and even a minimum income.
That safety net will have to be paid for via some combination of taxes on wealth, profits, and investment income.
Automation eventually leads to a rise in productivity and living standards for future generations. The typical truck driver won't get to reap any of the benefits from the transition.
Sympathy for the Luddites[1] lays out a convincing argument for what actually happens when these jobs disappear.
[1]: http://www.nytimes.com/2013/06/14/opinion/krugman-sympathy-f...
[1]: http://www.bloomberg.com/news/articles/2016-08-04/food-start...
Pterostilbene 50mg: https://en.wikipedia.org/wiki/Pterostilbene
Nicotinamide riboside (NR) 250mg: https://en.wikipedia.org/wiki/Nicotinamide_riboside
NR is a precursor to nicotinamide adenine dinucleotide (NAD+): https://en.wikipedia.org/wiki/Nicotinamide_adenine_dinucleot...
I believe Rails is In-N-Out Burger. While it offers few choices, it's reliable and the hamburger is very good. The fries and frontend framework are acceptable but no one goes to In-N-Out for the fries.
It starts with the $5M+ homes taking longer to sell. Then, it impacts the homes that are affordable to software engineers costing between $2M and $3M.
What about all the profitable companies that never need to raise venture capital?
Attention, founders! You can choose to play "small ball"[1] instead.
It's ironic that the Rectification of Names is central to the philosophy of Confucius.
Too much was spent on salaries and benefits. Only a month or two worth of cash was kept in the company to handle expenses. Free cash flow was pulled out of the company while it was still a viable growth opportunity. All the warning signs were ignored despite a vast majority of their revenue coming from a single source. Most egregiously, even though their traffic cratered after Google's Panda update in November 2012, they didn't reach out to the head of the web spam team at Google because... they didn't want to bother him.
Still, it's hard to admit mistakes. I have enormous respect for anyone willing to share their experience like this.
> The Internet was done so well that most people think of it as a natural resource like the Pacific Ocean, rather than something that was man-made. . . . The Web, in comparison, is a joke. The Web was done by amateurs.
http://www.drdobbs.com/architecture-and-design/interview-wit...