j1vms
Joined 13 years ago
Joined 13 years ago
https://en.wikipedia.org/wiki/File:Comparison_satellite_navi...
Previously submitted by another HN'er (in 2016):
Roughly speaking, a central authority might work in certain scenarios, for a short time, to prevent situations where market participants might otherwise panic.
In the long run, the problem is the same authority does not have to all "local", decision-making information available to the individual market participants, and that might prevent the economy from reaching an optimal configuration.
David St. Hubbins: What?
Ian: Yeah. I wouldn't worry about it though, it's not a big college town.
- This Is Spinal Tap
[0] https://www.youtube.com/watch?v=XRr1kaXKBsU&t=504 (Veritasium on Youtube: Why Gravity is NOT a Force @ 8:24)
The article may come off a little bit too harsh on Gates, but it is essentially right in that the US Gov strategy may have been to score a PR win on Gates and Microsoft. In that way, Gates came across as more on the defence than he perhaps needed to be in the situation. The deposition ended up being a low point from the public's perspective, though any damage has mostly been undone in the 2+ decades since.
Perhaps it was a less competitive industry at the time, but certainly less efficient (and relatively more expensive) production tools were available compared to today.
I should add: As a human being, it is probably impossible to separate the scientist from the philosophy in which they explore, proceed with, and promote their work. In some cases, it might not be something they are even aware of. Instead, the scientific system (as a sort of world institution) should itself be designed to always seek out and protect truth, regardless of prevailing contemporary knowledge.
Once more people accept the concepts of modern physics as a way of life (perhaps intuitively?), we will be in fertile territory for any potential new revolution in physics.
To be a fly on the wall during that discussion. I'm sure money wasn't an issue for the Air Force, or that Sony had some balls of steel.
Of course, keeping in mind that Cook-era Apple is operating on a more massive scale (product shipped, wider distribution, more product lines).