gimmeDatCheddar

5 ms·

31.
by gimmeDatCheddar 8y ago
But you know what most people DO own? Unnecessary consumer debt that stunts their ability to save and invest. When the average car payment in America is around $500 a month, it's clear evidence that people have a spending problem rathe
32.
by gimmeDatCheddar 8y ago
That's a naive way of thinking about economics, finance, and business. Marxism will never work. You can have robots that increase profit and decrease costs for customers at the same time. Take autonomous driving, for example - it can b
33.
by gimmeDatCheddar 8y ago
The average working class American is financing their car. The average car payment is $500. That is way too much car, yet people are financing that. Over the average working career, this $500 per month represents a foregone multi-million do
34.
by gimmeDatCheddar 8y ago
It's not actually sad. Social media and advertising involve incredibly complex and vast search spaces. The problem domains are massive and solving the issues in those fields, like scaling software and hardware, enables us to build tool
35.
by gimmeDatCheddar 8y ago
If capitalism is limiting our ability to prioritize anything other than the creation of more capital, how do you explain ventures like SpaceX, which are highly capitalistic but demonstrably moving humanity forward?
36.
by gimmeDatCheddar 8y ago
If you add a billion users to Youtube or to Facebook or to any other major platform, the marginal costs won't be 0 or close to 0. They'll be substantial. Existing servers won't account for the new demand. Electricity needs t
37.
by gimmeDatCheddar 8y ago
How is this a surprise to anyone? Children require time and effort, and this usually means one of the parents works less or not at all. Considering 25 to 35 are prime child-rearing ages, the reason for this gap seems quite obvious.
38.
by gimmeDatCheddar 9y ago
I wonder why Romania isn't mentioned at all. It's part of Europe.