2,275 karma · joined June 4, 2011
Like data centers, factories use a lot of power -- which drives up electricity bills -- and their construction can have local environmental impacts. Data centers have a reputation for not providing too many local jobs, but modern factories are often highly automated and also don't provide too many local jobs.
If, given all that, you'd support factory construction but not data center construction, I'd be curious as to why.
2) Would just inflate home prices.
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Some of the company’s tactics post-merger were garden-variety ruthless, like eliminating 87 series from its streaming platform Max, so that they won’t have to pay union-mandated residuals to the talent that created already-existing programs or pony up funds to produce more seasons of existing ones (such as “Our Flag Means Death,” one of the company’s most popular and critically acclaimed comedies—canceled after just two seasons).
In the streaming era, it's very easy for the revenue created by hosting an older piece of content to be dwarfed by residuals. Streaming services get customers largely by releasing popular new titles; it's entirely predictable that pushing for higher residuals would drive services to sunset series faster, and it's entirely reasonable for services to stop hosting titles that lose them money.So under property taxes, the parking lot owner can afford to wait and have the lot sit empty; under an LVT, they have an incentive to develop.
It's no coincidence that people who support LVTs are typically YIMBYs -- we want to reform urban planning and land use to make it easier to build things.
Land value taxes have a special property in that land owners cannot respond to the tax by producing less land; the supply of land is fixed. This means LVTs do not generate deadweight loss, which makes them very efficient: https://en.wikipedia.org/wiki/Land_value_tax#Efficiency
If she lives in the middle of a city, then yes her taxes may increase.
The gentrification situation is similar: if someone is living in a single-family home in an area that is filling up with apartments, they're using the land much less efficiently than a replacement structure would. As land values slowly increase, the owner would be prompted to eventually sell to someone who would put it to higher value use. You could have some speed bumps in the policy to make sure this doesn't happen too fast, but if you stop it entirely you're just giving up on productive land use.
It's worth noting that property taxes have the same dynamic, since they also incorporate land value in them. The difference though is that _property taxes discourage development_, which contributes to higher rents. Land value taxes do not have this problem; a world where we suddenly swap to LVTs is a world with many more buildings and much lower average rents.
The fact that it's that easy to apply belies the tone the article takes, which generally bemoans how hard job applications are. But they didn't demonstrate that it's hard at all! Moreover, the author even says in the beginning that they didn't use any of the products that help you, like LinkedIn Easy Apply.
Anyway seems interesting but this mostly just confirmed my perception that applying to jobs is pretty easy. Interviews, on the other hand...
Human beings simply do not exist on a single monolith spectrum of power; who is "up" or "down" often depends quite a lot on context. If an underemployed white male comedian makes a joke about Kamala Harris, is that punching up or down? _Parasite_ is a movie that mocks a rich family even as it portrays their poorer help as scheming and untrustworthy - is that up, or down? To steal an example from this excellent Freddie de Boer post on the topic, if an adjunct professor runs afoul of a student, are they really the ones in the position of power?
Anyway Freddie sums the whole thing up much better than I could: https://freddiedeboer.substack.com/p/punching-up-and-punchin...
Another way of putting this is: we know because of special relativity that you can't just strap a lot of rocket boosters on a spaceship and expect to go faster than light. That won't work; if you want to _travel_ faster than light, you have to do it another way.
I am not a lawyer but I don't really see the "it's not fair use" argument.
* You don't need to take out a loan to exercise your options until you vest some options, which would typically take a least a year
* Bolt grew really quickly and so had a high % of employees with low tenure
* The layoffs disproportionally affected newer employees, which is extremely common and reasonable
If the people laid off were mostly people hired within the last year who had no reason to take out the loan yet, then you'd get a result like what we saw.(All that said -- these loans are an absolutely terrible idea and I think offering them is irresponsible.)
This is very run-of-the-mill stuff for the SEC. I think the only reason it's getting play on HN is that, if you aren't familiar with this sort of thing, it looks like the SEC is picking on Nvidia for doing business with crypto miners. But that isn't what the complaint is actually about.