Aunche

60 ms·

811.
by Aunche 4y ago
GP's comment is about Stripe's service, not cryptocurrency in general. Unless if Stripe really wants to set their money on fire, I doubt that they're going onramping any hyperinflating currency. If you're in a country wi
812.
by Aunche 4y ago
> that the raise in rates causes a 0% drop in occupancy. Housing demand isn't really that inelastic. People will move to less crowded cities if they become too expensive. Americans tend to have much more living space per capita than
813.
by Aunche 4y ago
>The landlords paying uncle Bob to do the same thing is an extra step and it is still collusion. Did you read my example? My point is that this not what they're doing. You pay Realpage a fee based on the total square footage of unit
814.
by Aunche 4y ago
The CME facilitates price discovery with derivatives. RealPage facilitates price discovery with data science. If they are really facilitating collusion, then they would be selling a broken product. For example, for simplicity's sake, l
815.
by Aunche 4y ago
If they are really facilitating collusion, then they would be selling a broken product. For example, for simplicity's sake, let's say that a city has a lot of landlords, but all their units are identical and they all follow the Re
816.
by Aunche 4y ago
> What do you gain from making people think we can't or shouldn't stop this? Because they aren't doing anything illegal. They are merely facilitating price discovery. If they really were creating a cartel of landlords, the
817.
by Aunche 4y ago
I already addressed why this is the case in my previous comment.
818.
by Aunche 4y ago
Reducing rents may also maximize revenue by reducing vacancy. The reason the algorithm recommends landlords to increase rents more often than it recommends them to decrease rents is because the supply of housing isn't growing as quickl
819.
by Aunche 4y ago
A place to live is a market based thing. There's no real difference between what RealPage is doing with housing, and what the CME Group is doing with crops. They both facilitate price discovery. The CME also is helping farmers maximi
820.
by Aunche 4y ago
> The program may also induce landlords to charge the rents recommended by the algorithm, putting upward pressure on prices and decreasing the availability of affordable apartments. This is definitely nonsense grandstanding. I have no id
821.
by Aunche 4y ago
The hysteria about Foxconn suicides was complete clickbait garbage. Even during their worst year of suicides that was reported by Wired, the suicide rate at FoxConn was 1/10th of that of the US and 1/20th of that of China overall.
822.
by Aunche 4y ago
The Federal Reserve absolutely did not cause the Great Depression. Economic crashes occurred at least once a decade since beginning of American history, and as the economy grew more more interconnected and less self sufficient, economic cra
823.
by Aunche 4y ago
Buy-now-pay-later unicorns are funded by VC funny money. They care more about growth than actually trying to turn a profit. You can get approved even with zero credit history.
824.
by Aunche 4y ago
It's easier to make economic theories that fit science fiction rather than real life. The Vimes boots problem has already been solved by financing. Services like Affirm would allow Sam Vimes to pay the $50 boots in 4 biweekly installme
825.
by Aunche 4y ago
Civics and government ought to be mandatory subjects in American schools. In school, we learn about the Civil Rights protests, and we learn about laws that made in response to these protests. What's completely neglected is are the lobb
826.
by Aunche 4y ago
>They’ll be back if they think their RoI will be better than alternatives. The RoI will be better than alternatives if Twitter ads are cheap enough. TikTok and possibly YouTube aren't profitable either, but they have inherently high
827.
by Aunche 4y ago
This comic is as bad of a strawman as the New Yorker story. At least the New Yorker bothered to include humor.
828.
by Aunche 4y ago
So they're a bad person because they are trying to convince people to allocate their resources in a way that you think is sub-optimal? By that logic, most of the people on HN are bad people because they work at ad-tech companies.
829.
by Aunche 4y ago
>Maximizing profits often requires minimizing the welfare of others - for example through exploitative labor practices. This is completely untrue. Let's say you choose the rather extreme example of corporate executive who outsources
830.
by Aunche 4y ago
The difference is that EA is nothing like religious fundamentalism. No one is pressuring you to work in HFT or donate to AI risk if you don't want to.
831.
by Aunche 4y ago
> I've always found EA to be the most capitalist way of trying to do good. If by "capitalist", you mean the system that incentivized the most selfish assholes on the planet to accidentally lift billions of people out of po
832.
by Aunche 4y ago
Several orders of magnitude more children would be saved from mosquito nets than community theater, and each of them has a chance to find a cure to cancer. Then there's a couple orders of magnitude of children who wouldn't die, bu
833.
by Aunche 4y ago
> generously funded... Democratic political candidates This isn't the smoking gun that Republicans want to portray it as. A third of their political spending went to Republicans. Companies will typically donate to the incumbent part
834.
by Aunche 4y ago
This is wrong. Every country has taxes, but some money is more valuable than others. Argentina's currency devalued even though they raised their tax rates. When McDonald's agrees to sell their Big Mac for $5, they're backing
835.
by Aunche 4y ago
> it's also the simplest explanation Care to address all the reasons why I described this is unlikely? > What's your explanation, then? The simplest explanation is their official one that they want to protect smaller creator
836.
by Aunche 4y ago
>same for removing dislikes to protect corporations from negative press I like how the internet accepts this as a fact, despite there being zero evidence for this. It doesn't matter that corporations were historically a lot less lik
837.
by Aunche 4y ago
I talked about waiters at high end restaurants because that's where the effect of tipping is most evident, but the same market dynamics exist for counter service as well. For employees and the restaurant itself, tipping is almost alway
838.
by Aunche 4y ago
> Why cant we just give employees dignity and a fair wage? We do and that's tipped wages. A career waiter in a major American city can make over 100k, which is several times more than what they would make in Europe. Even if you adju
839.
by Aunche 4y ago
In blind taste tests, Coke performs about as well as Pepsi. However, people still overwhelmingly seem to like Coke, so it's really because they like the brand. If they reduced advertising, their brand will slowly be eroded.
840.
by Aunche 4y ago
>an Elenco brand kit That's the one that I linked! I managed to find their manual online. https://www.manualslib.com/manual/235888/Elenco-Electronics-...

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