pjc50

5 ms·

31.
by pjc50 24d ago
This would be more convincing if it wasn't from a site trying to sell me gold. Do people really believe that the mechanization of clothing production in the industrial era has made no difference to "real" prices? (Rome defini
32.
by pjc50 24d ago
> The existence of credit itself is what causes monetary instability, and without credit the world would look very different. Indeed. Credit is money; ultimately anyone can expand the money supply with an IOU.
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by pjc50 24d ago
> Losing purchasing power on your money is a bug. The idea that you can put away an amount of money under your bed that buys 1,000 loaves of bread or one GPU, leave it there for decades, and then have it buy exactly the same number of lo
34.
by pjc50 24d ago
People like to be dismissive about civil servants without looking at how much extremely high quality work is actually produced on complex subjects. Personally having interacted with them a couple of times I'm also a fan of the UK Parli
35.
by pjc50 24d ago
People found a new way to turn electricity into money at the expense of the atmosphere: AI.
36.
by pjc50 24d ago
Traders; low information investors; people who are not 100% confident in their personal infosec and not willing to lose their bitcoins on their own. "Not being seizable" hasn't really worked out for bitcoiners who've bee
37.
by pjc50 24d ago
Anthropic infringed the copyright of basically every author on the planet: https://www.anthropiccopyrightsettlement.com/ No real reason to respect any terms they might want to impose. Besides, if you want to break TOS, just
38.
by pjc50 24d ago
> alignment crisis Alignment is meaningless; as you've noticed, humans aren't all that "morally aligned". If the tool needs safety measures it should be kept in a safe enclosure like we do with CNC machines, furnaces,
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by pjc50 24d ago
2% inflation isn't going to inflate away the debt any time soon. It's basically as close to zero as can be realized without going under.
40.
by pjc50 24d ago
> If the US is to deindustrialise as it aims too it needs a weak dollar. Typo for "reindustrialize"? Is the idea to move people from well paying comfortable services jobs to uncomfortable repetitive lower paid factory work by f
41.
by pjc50 24d ago
Imported goods which have been made more expensive by tariffs?
42.
by pjc50 24d ago
This is a valid point if you're not so confrontational about it.
43.
by pjc50 24d ago
Bob is correct here. The other tool people keep forgetting about is fiscal policy; government deficit spending is inflationary, and the US is currently running a very large deficit and was floating even more inflationary ideas like direct
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by pjc50 24d ago
> It's perfectly possible to freeze margins and ban increasing prices Americans across the political spectrum will call you a communist for this, as they do whenever rent controls are brought in.
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by pjc50 24d ago
> is to ask them what they think the correct value should be This is Hacker News, we should understand what a PID controller is. The economy is the "plant". The variable of interest, inflation, is the output of the plant. The g
46.
by pjc50 24d ago
^ This is unironically how the median voter responds to all this policy.
47.
by pjc50 25d ago
Check out https://en.wikipedia.org/wiki/The_Unaccountability_Machine on this topic, available at all good bookstores near you.
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by pjc50 25d ago
As usual with AI customer interaction, I have to ask who is liable for misleading advertising or unmet promises? The advertiser who isn't really in control of the chatbot, or OpenAI? (Law on this goes all the way back to Carbolic Smok
49.
by pjc50 25d ago
It's the minimum requirement under ECHR. The government does actually have to comply with its legal obligations, this isn't America. They can't choose to just ignore them. This is why the problem hasn't been fixed. You c
50.
by pjc50 25d ago
Can they? Have you personally reviewed all 1,200 cases?
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by pjc50 25d ago
Not so much "in" as "next to"; https://maps.app.goo.gl/ERuytwVias2Lmfof9 - it's the area above and to the right of the prison, HMP Bullington.
52.
by pjc50 25d ago
.. and replacing them with what, exactly?
53.
by pjc50 25d ago
> The same will happen in the US I don't think even the most hardened bsky communist seriously expects the outgoing administration to be literally taken out and shot.
54.
by pjc50 25d ago
What actually _is_ the deal? Nobody in this thread seems to have any idea what the specifics are, which matters a lot. It sounds like we're still at the "very early talks" stage? Less integration than even Norway (EEA)?
55.
by pjc50 25d ago
I wonder if people would be happy replacing the "Google approves developers" system with a "government requires your ID and address on file so you can be held liable for your apps" system. I suspect not.
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by pjc50 25d ago
Disused barracks; shortage of other places; hotel accommodation has recently been subject to racially motivated arson attacks.
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by pjc50 25d ago
This is more likely going to be a situation where they were always xenophobic. There's a rather uncomfortable interview with a local resident (of many years) who is Australian with a Jamaican husband, saying "well great now I know
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by pjc50 25d ago
Previous approaches of distributing them across low-rent hotels and bnb accommodation have recently suffered arson attacks. This isn't the first time a disused military base has been used for this kind of purpose, and ultimately they h
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by pjc50 26d ago
> The protestors tape their license plates. One weird trick: simply commit an offense in front of the police, and suddenly they can't do anything because it's "too hard".
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by pjc50 26d ago
> China hasn't made an equivalent dent in its oil reserves I think the easiest explanation is that this probably isn't true. The US SPR is underground, it would be quite easy for China to manage its equivalent in secret, for wh

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