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lotsofpulp

36,838 karma · joined April 26, 2012

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lotsofpulp··on Evidence of a spying operation by ICE against left-wing social movements
>that hardly proves the power of the common man.

What I meant was the 2016 Repub primaries are evidence that the common man votes for who they want, not who the large donors want. The Repub party leadership and previous decision makers were usurped, and hence the idea of MAGA supplanting the Republican Party. More evidence is Dick Cheney and the Bush family becoming quickly irrelevant.

lotsofpulp··on Evidence of a spying operation by ICE against left-wing social movements
https://www.nytimes.com/2016/08/19/us/politics/robert-mercer...

https://www.reuters.com/article/world/trump-shrugs-off-campa...

>Trump has spent much of the race so far breaking the mould of a traditional campaign, defeating a crowded field of primary opponents who vastly outspent him in ads and staff.

>During the Republican primary race, he often told his supporters not to contribute money and ridiculed opponents for accepting cash from special interest groups and wealthy contributors.

>He has so far showed little interest in calling donors to ask for money for his general election battle. He only began holding in-person fundraisers in late May.

lotsofpulp··on Evidence of a spying operation by ICE against left-wing social movements
>Trump was a billionaire, able to fund his own campaign, that hardly proves the power of the common man.

He still spent the least and publicly eschewed donations. His skill was being able to connect with the voters that matter (unfortunately).

As far as I can tell, donations after he was elected in 2016 are simply bribes.

lotsofpulp··on Evidence of a spying operation by ICE against left-wing social movements
Trump famously won without having the largest donors. He only had 1 big backer (Robert Mercer) in 2016 before the Republican primaries, he was assumed to be a joke candidate. After he won the primaries, he finally got some recognition from the establishment, but even then, they were tepid on investing in him because he was assumed to lose the election.

He’s basically proof of the power of the common man’s vote in the US.

lotsofpulp··on Anthropic S-1
>Modern IPO's just reek of investors cashing out

99.9999% of the time someone sells something, the goal is to obtain cash. Throughout all of human history.

lotsofpulp··on Microsoft offers mass buyouts for roughly a quarter of its workforce
>so management said if any layoffs will happen in 3 years period after this, same package will be offered no question asked. Cooled things a bit, but what a mess...

Unless those funds were placed in an escrow account, I would have assumed that claim held no water.

lotsofpulp··on NBA announces partnership with prediction markets Kalshi, Polymarket
In regular gambling, the house is in control. In sports gambling, the players and refs can have their own agenda.
lotsofpulp··on Anthropic S-1
>not nuclear engineering or nuclear fusion or some other revolutionary way to increase the value of real property.

Is engineering the factories that make the hardware not nuclear engineering? Even if not, considering there exists only 1 supply chain in the world capable of making them, it seems pretty revolutionary. And that moat seems pretty big, given that it hasn't been crossed for many years.

lotsofpulp··on Brown student maps the hidden global labor powering AI
Seems like businesses should be embracing remote work instead of hybrid or full time return-to-office.
lotsofpulp··on New iPad mini
I presume it is a flattering angle instead of a falsified image. The camera bump is near the one large button, which was furthest from the camera when they rotate it, so the iPad could have been angled slightly to hide the bump. Maybe someone can try to reproduce it after it comes out to see if it is a false image.
lotsofpulp··on Amazon’s “digital pacifier” for toddlers
I would bet 90%+ of the time, kids would end up observing all the adults looking at their devices...which help keep the adults entertained and distracted for every waking second of their day.
lotsofpulp··on Switzerland. Block by block. At 1:1 scale
Is it in a different category than the electricity (or broadly speaking, any increase in entropy) flushed down the toilet making reality TV shows, or nonsense Tik Tok videos, or a mission to overthrow a government that doesn't bend the knee, or giving a 95 year old dialysis, or eating foods transported from far away?
lotsofpulp··on AI use leads UC Berkeley math professor to see 'no point' in grading homework
https://educationdata.org/college-enrollment-statistics

>62.8% of high school (or equivalent) graduates go on to postsecondary study.

>Enrollment among new high school graduates has declined 10.4% since its peak in 2009 (70.1%).

There are still a lot of kids that could go to those 3rd tier universities, but choose not to. The cost/benefit is not perceived to be there anymore.

lotsofpulp··on Lula wins election after final votes tallied
First past the post is beneficial for establishment parties.
lotsofpulp··on Oregon Police Are Charging a Local News Outlet $2.5M for Records About One Cop
It cost taxpayers over $31k. It cost “them” nothing.
lotsofpulp··on America has lost 200k of jobs in media, film and the arts. How much is AI?
Even though the businesses are not comparable since journalism is a far less capital intensive business than video media production, I don't see how your example of 1 business thriving while almost all others failed is incongruent with the theme of the linked article which is loss of many jobs in the media production business.

Most businesses in (professional) journalism failed and many jobs were lost.

Most business in (professional) video media production failed and many jobs were (or will continue to be) lost.

Supply greatly increases relative to demand, prices go down, only highest volume sellers can remain.

lotsofpulp··on America has lost 200k of jobs in media, film and the arts. How much is AI?
What is the difference between Apple paying another business to make something and Netflix paying a W-2 employee to make something? Both businesses can choose to end paying for media before the story is finished.

Although, I think Netflix also does not directly employ the people that make media, just like Apple. They just employ the people that curate it and distribute it.

lotsofpulp··on America has lost 200k of jobs in media, film and the arts. How much is AI?
Hollywood got devalued because people prefer spending time on Youtube/TikTok/Instagram/Reddit/Discord/Video Games/Hacker News/etc.

There was nothing the business leaders could have done to prevent the effect of basically an unlimited supply of video entertainment being added to the market.

lotsofpulp··on Canadians are running out of time to oppose Bill C-22
>they are where all the money is going and the reason everyone else has a money shortage.

You can look up all the government spending data, and wealth transfers from workers to non workers dwarfs all the billionaires’ combined net worths. The US federal government alone is 60%+ wealth transfers, not to mention state and local governments. These spending figures are measured in trillions of USD per year.

https://fiscaldata.treasury.gov/americas-finance-guide/feder...

lotsofpulp··on Roku developer repositories moved from GitHub to GitLab
That is a problem of not having unlimited time. The internet (at least as it broadly exists now) solved the problem of a few people being able to prevent access to information, and in such a manner that distribution is almost instant.

Lack of unlimited time means people will need some way to choose which information to learn and which to not learn, which may well be to choose whatever is curated by Meta/Alphabet/etc, but that is a choice made by the user, not by leaders.

lotsofpulp··on Roku developer repositories moved from GitHub to GitLab
In my almost 4 decades of life, today is the least amount of control over information that leaders have had, whether political or business.

When I was younger, the only way information, and especially video/audio was spread is via a select few outlets.

Today, anyone can upload anything to a variety of servers and spread the information within seconds.

lotsofpulp··on Canadians are running out of time to oppose Bill C-22
France’s annual spend on defined benefit pensions is north of $400B Euros and north of $300B Euros on healthcare. Seizing and liquidating the equity of everyone in France with a book value of $1B (or even $100M) would make no difference.

Maybe it would help the budget for 1 year?

lotsofpulp··on Canadians are running out of time to oppose Bill C-22
They cannot imagine themselves getting less than they put in because of an ever increasing proportion of non-workers.

Ironically, the younger people from whom to extract productivity to pay for the defined benefit pensions are being supplied by immigrants, who are also politically unpopular.

lotsofpulp··on Apple Security Research Device
>I don't think that is a logical statement. Just something doesn't exist, does not prove that it can't exist.

Let me expand the claim to include the caveats:

>The fact so many technical people believe that security and freedom are mutually exclusive [under current technological/financial/political constraints]

>At some point, you have to empower your users and trust them to do the right thing.

All I know is, my and my parents’ quality of life is far better after switching them to devices where they are not empowered.

lotsofpulp··on Investor-owned utilities charge 23% more for electricity than public providers
If you are choosing to invest in equities for the long term, why is benchmarking against the lowest risk long term equity investment not sensible?

Although, a 5 year investment term is too short for comparing equity returns for a long term investment.

lotsofpulp··on Investor-owned utilities charge 23% more for electricity than public providers
Why would anyone invest in any other equity other than SP500 if they all come up short (assuming your goal is to have USD in the future)?
lotsofpulp··on Apple Security Research Device
In my case, it is the fact that a secure and free (as in speech) alternative does not exist that leads me to believe that. And not in the sense that it’s theoretically secure, I mean in the practical sense that I cannot trust my parents to use any currently available “free” device and not immediately load it up with malware.
lotsofpulp··on Mark Zuckerberg Pushed Meta to Shield Him from California's Proposed Wealth Tax
The board doesn’t care. Zuckerberg has total control of Meta, so if he wants to increase his pay for whatever reason, he can.

That is all this is, a guy giving himself a pay increase, which almost everyone would if they could.

lotsofpulp··on Disney Raising Prices Days After Confirming Ads Will Now Show Up on Every Tier
True, if it were up to me, the button would say “Rent as long we decide to provide this service”.
lotsofpulp··on Investor-owned utilities charge 23% more for electricity than public providers
For all the non taxpayer owner utilities I am aware of, the margins and utility prices are completely controlled by government employees. Government employees that are hired by leaders that voters vote for.

Note that there exists the same incentives for publicly owned and investor owned utilities of voters today wanting lower utility prices at the expense of future utility customers by keeping capital expenses down today.

>I am fairly confident the cohort of those who support investor owned utilities are a vocal minority.

I will be the first to support only publicly owned utilities. But that has nothing to do with using bad logic and numbers to determine outsized margins.

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