smgit

10 ms·

61.
by smgit 2y ago
There is nothing new about all the problems you have described. If you think its new then please go and read about the Gilded Age and how US Democracy survived it. Also look at China's over reaction to Covid, Russia's braindead wa
62.
by smgit 2y ago
They will die natural deaths much earlier and peacefully without all kinds of mental/physical decline if beyond retirement age, they just stop taking any medication. Especially if they have no plan to do anything other than prolong the
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by smgit 2y ago
Look at the election of William McKinley Vs William Jennings Bryan and what happened in the following 2 two elections. Very useful to understand what happens to Gilded Age Oligarchs. What they say and think has nothing to do with how the un
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by smgit 2y ago
But he has a pretty well off family from what the news is reporting. Hard to see this as financially triggered.
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by smgit 2y ago
Go one step further. Why does that happen?
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by smgit 2y ago
All people are not alike. Thankfully. Refer Law of Requisite Variety. Some people live to please. Once you understand people are very different, the whole story turns into setting teams up such that the right people are in the right role. O
67.
by smgit 2y ago
Framing things as right or wrong, win or loss hides the fact these are complex dynamic systems that keep oscillating between different constantly evolving states. When things are complex there is no right and wrong. Economic history shows u
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by smgit 2y ago
Have you guys watched Tucker Carlson/Jon Stewart cross fire debate 20 years ago? Nothing has changed. These people have been performing the same shtick - Pick complex issues and reduce it to us Vs them. Greenwald used to atleast do som
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by smgit 2y ago
The only regulation Adtech companies need is a cap on how many Ads they can show to a single person in a day. Right now its infinity. All this other stuff won't make any diff cause its all about how much Attention they are allowed to c
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by smgit 2y ago
The history of radio/telegraph gives us an idea of what happens when everyone suddenly gets Broadcast/mass communication/1-All messaging capability. Which is what Social Media has given everyone. There was similar chaos back
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by smgit 2y ago
Its a hard job to maintain systems in an altruistic state, cause opportunists and parasites are drawn in larger and larger numbers to where ever resources accumulate. Google has a decent job not turning fully into an Oracle for example.
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by smgit 2y ago
I disagree. I think some people are just over sensitive and over anxious about everything, and I'd rather put up a warning label or just not cater to them than waste time being dictated to by such people. They are free to go build what
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MiB: How the World Ran Out of Everything- Inside the Global Supply Chain(ritholtz.com)
3 points by smgit 2y ago|0 comments
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Conceived in Liberty or Conceived in Sin? Exploitation and Modern Prosperity(econlib.org)
1 points by smgit 2y ago|0 comments
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by smgit 2y ago
Most People have knowledge handed to them. Very few are creators of new knowledge. Explore-Exploit tradeoff applies.
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The Content Machine Stops(splicetoday.com)
1 points by smgit 2y ago|0 comments
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by smgit 2y ago
Uniphore
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Soda Is Making a Comeback(cnn.com)
4 points by smgit 2y ago|6 comments
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by smgit 2y ago
Its more like a dance that goes back and forth over time. Rules get proposed to solve one problem and create another down the road. That's the nature of dealing with complex ever changing systems. There is no free lunch unfortunately.
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by smgit 2y ago
US Corporations pay around 5% of total US tax rev. Check how much Individuals contribute.
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An American helped IAS officers like me ask the right questions-James Scott Obit(theprint.in)
2 points by smgit 2y ago|0 comments
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by smgit 2y ago
First half of this comment is going to be the history. Second half are the solutions. The tech companies started collecting data to "fix" their initial solutions to Info Explosion the network they designed produced. This info coll
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by smgit 2y ago
Education (ie enabling Learning) boils down to the Explore-Exploit Tradeoff. Herbert Simon - "The criticism of Rote Learning or Practice (called "drill and kill") is popular. Nothing flies more in the face of the last 20 year
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by smgit 2y ago
Its always this way. Long ago I used to work on HR systems of Large Corp. They used to talk about McDonaldization of jobs. And that was almost 20-25 years back. Variety is required to cope with Change and survive Change. But large orgs lear
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Japanese angst as India set to overtake as 4th largest economy(dw.com)
12 points by smgit 2y ago|5 comments
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by smgit 2y ago
It doesn't really matter. There might be a "simple" or a "complex" solution to a problem, but there is no guarantee whoever is given the problem, has the time, or cash, or tools, or skill, or info, or team, etc etc
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by smgit 2y ago
Plus manipulation works the other way too. Not hard to manipulate everyone to jack up rent. And there are thousand ways to do it.
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by smgit 2y ago
Once upon a time we were nomadic. Then we became sedentary - https://en.wikipedia.org/wiki/Sedentism Now back to nomadic.
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by smgit 2y ago
Should buy TikTok instead. Paramount represent a dying past.
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CERN launches White Rabbit Collab open source clock sync at sub-nanosecond level(home.cern)
2 points by smgit 2y ago|0 comments

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