buzzkillington
Joined 7 years ago
Joined 7 years ago
This is economics 101.
Pretty much, I was planning a system for bug bounties in 2011, after doing some back of the envelope calculations it turned out you would need 150% overhead for a $10 bounty with human due diligence and using master card/visa/pay pal. Oh and you could never support any project that has anything that the banks don't like, which then included porn, lgbt rights, fair use drm exemptions and a bunch of other stuff that I can't remember any more.
So you either had to convince people to use some alt-coin that wasn't a pyramid scheme, then build an escrow service on top of it, then use that service to fund the bug bounty program. Or you could just do everything terribly and end up with Patreon (which for the above reasons will get even more creator hostile in the coming years).
Computer systems have gotten fast enough that a 00s Pentium 4 can handle all of the US economy, with the rest being a problem of gathering inputs.
You are welcome to move to China if you think they are better.
After all I moved to the West because I thought it was better.
I think this describes Gawker more than the current howling mob. There is someone to blame at the end of the day, and there is a clear malevolence in motives.
Today what we have is closer to the medieval village in winter where there is nothing to do but go to the town square and watch the witches be humiliated.
And yet China manages to fail this low bar stunningly. To the point that they are running actual concentration camps for Muslims. Something no Western government has done, and the last one to do finished paying reparations to the victims 4 years ago, 70 years after it happened.
There is no such thing as indefinite growth, there is logistic growth between steady states. Pretending that immigration is always good is like pretending that drinking water is always good. Useful when you're in the Sahara, less so when you're drowning.
The US is currently in a situation where the labor market has an oversupply of people which is why real per hour worked wages are still at the level they were in '72. Adding more immigration now will only lower the living standards of the people already here, this will be the case until we increase the carrying capacity of the US economy with better labor laws, more government spending on fundamentals and better targeted research.
This isn't even a strawman in this case, since the company in question is literally cutting pay to its workers for the sake of minorities.
The capitalists are very good at starting a race war to keep workers from uniting.