2,707 karma · joined December 14, 2014
brief.rope7830@fastmail.com
Have you ever seen Plaid's TOS? They literally say you give them permission to spy on your entire financial/banking life for THIRTY yes 30 YEARS!! If you click accept on their usually required tos for whatever financial service you are using that no one reads. What do you think they do with that info? Well if you have seen the rise in prices its not due to inflation it is things like dynamic pricing and the salesperson knowing to the penny how much money you can spend TODAY. You tell the car dealer for instance you can only afford 50k but they know for a fact you have 55K, they are not budging and neither is any other dealer because they all have the same info.
That is just one example, and yes I understand that inflation is a factor but inflation did not raise prices 400% all across the board everywhere. Thats why its confusing when you see the governement saying inflation is bad but not terrible. They are not lying...precisely. They of course are not doing anything about regulating the price gouging and one sided "value extraction" or the open collusion of corporations through obvious third party sacrificial entities.
When I showed and asked who maintains her site, she said it regard to the malware, "All sites look like this"
That was when it hit me. They have won. The web is so full of garbage to the average person that they cannot even recognize it as it feeds on them.
The webadmin is some Chinese guy on upwork.
Yep, its not really inflation making things expensive. It's that every company now knows scientifically exactly how much money they can get out of you. Not just how much but literally what minute of the day they can get more money out of you. Probably even charge more by what mood you are in at this point, that is not sarcasm.
However it kind of makes me feel like my professional life was wasted and I don't really know what kind of future I have. One of Go's main points was you can pick it up in a weekend. What career moat do people like us have?
I've never worked a job where 40hrs was even enough, so any efficiency is instantly absorbed. That is the work world as I see it.
However I've run into in people online and in real life whom's entire work life seems to be on the opposite side. It seems to be a rather large swath of people as well. They have never worked anywhere where they even have 40hrs of work a week to be done.
Even last year I ran into a guy who gets paid 140k to by his own admission(12+yrs), to basically update a handful of websites a few times a week(shockingly...he is concerned about ai taking his job). Those jobs are not coming back and those that exist are rapidly drying up. Thats the disconnect. There are in a national sense a large number of people that have literally never worked an actual job even though they went into an office their whole working life, and everything about their life outside all reflect that they have worked a job despite never having done so. Those people are in for some tough times.
Yeah how awful that a government system works for its people....
We don't even know if it's possible for actual life just simply life itself, to exist anywhere except on Earth for any length of time. We have exactly one example. Earth. All tests to the contrary in space show that life dies for all kinds of non-obvious reasons when removed from Earth for any extended period of time.
I personally hope it's not true and I do enthusiastically watch the progress. However, math is really, really bad.
because flying helicopter up there is incredibly dangerous and nobody would be willing to do regularly for a job. In fact, only one person has ever done it just to prove that it could be done.
I mean, I don't know you, but I feel like most people are not truly considering the level of discomfort, such a visit would entail. Much less being on the Moon or mars for any extended period of time.
You would essentially be paying tens of thousands of dollars to be an agony for several days. I've done such things just to say i did in my 20's but not for that cost.
something around 50% of Uber's profits now come from their "private" owned insurance Company. That, of course, does not have to disclose how they are making money. Even though Uber is their only customer.
There is probably some sort of similar deal happening here.
Exactly what I came to say. This 100% is hippy dippy head in the clouds stuff. Sure if your product is 100% digital you can "be generous" in so far as it costs you nothing. Real products, real services. Hell no. You will get robbed blind if you give people too much slack or come off as willing to easily pay out.
I learned this the hard way early on doing contract work. Multimillionaires would actively try to take advantages of my naivety and inexperience to coerce free work out of me. Also I highly suspect many of them get a sick sense of pleasure out of it. Good luck being "generous" to those types.
Take a look at those donate for pain videos on tiktok if you don't believe there is significant population of sadists out there.
Random Public data:
Honda sold data on roughly 97,000 cars to Verisk for $25,920—amounting to about 26 cents per car.
Hyundai sold data on about 1.7 million vehicles for roughly $1 million—about 61 cents per car
Now they are facing near unlimited CAPex expenses and possibly existential threat to their product. I think we will be astounded at how vile they become.
This reminded me of the tine i said something similar to teammate whom asked why our work always felt so bad. They Lost thier mind went off on some 20m rant and refused to talk to me for weeks and we were never on good terms again. I broke something in them i guess. They ultimately left thr tech industry.
It was the first of a number of incidents in my life that I learned that there really are a certian set of people that cannot be told the truth.
not really relevant but whatever it was a weird incident maybe that will entertain someobe
I'm not a fan of knocking down things that work, however I also find it hard to be against death of the gatekeeping old guard of any industry.
I think math is just gonna have to suck it up like every other industry now. Math productivity is longer out of reach of the average grad student. Like every other industry they are no longer untouchable and are gonna have to adjust to the new way of things or market forces will do what they always do which is refuse to fund ineffectiveness.
I've had to accept that tech/IT will never be the same. Just how it is. You can thrash against it all you want.
OPERATING MARGIN (FY 2024 / 2025)
Payment Networks: Visa Inc. (V) 67.2%
Mastercard (MA) 57.8%
Major Card Issuer Banks:
JPMorgan Chase 33.5%
Capital One (COF) 24.1%
Bank of America (BAC)26.8%
Now they do all kinds of accounting tricks to pretend that they have thin profit margins because they split up every part of the business into hundreds of 1-3% chunks of the profit. To sidestep regulation that already barely exists.
However that has lead to a massive drop off in quality and price/value ratio of all products. Now the brands and the knock offs are in a race to the bottom for the lowest quality product/profit ratio so there truly is no difference and no quality products below "luxury" tier exist anymore.
Even some high'ish tier brands shoes like Hoka/Ons shoes have major quality issues even though they exist at just below the "premium" price point. I had two pairs of the same Ons last year, one lasted 3 months and started falling apart the other pair is still going 1y later. I wore them roughly the same amount switching between them. I looked up online and it turns out both brands avoid long term production contracts to bank profits from the lowest bidder at expense of their own brand they built.
I am not pro FLOCK.