If there is somebody willing to pay more for what is ultimately a limited supply of potatoes, why not sell to them. If the price per ounce of chips is too high for you, you’ll buy less chips. People who just can’t live without those chips might buy less candy to make sure they can afford them.

All the while people who make chips are asking for raises because the chip market is hot and the boss just can’t get enough people into the plant to make them. The workers know their boss needs them badly so they are comfortable asking for more. The boss relents because he needs them in there making those chips or he’s gonna lose money with potatoes rotting in the warehouse.

Sellers raise their prices because they have buyers ready to pay that higher price.

Say your have the best restaurant in town and you have a line down the street and everyday you sell out of food before lunch. If you raise your prices the line will get shorter as some of your more price sensitive customers decide to go elsewhere. Keep raising them and your shop will be empty as nobody wants your food at those prices. The “right price” is where you get the most money you can for the work that you do in a day. Right?

You should be looking at your wages exactly the same. Ask for 10k per hour and you’re going to be jobless. As for 5 per hour and you’re gonna have lots of offers but not make enough money. Try to find the “right” wage. This is why wages have been going up faster than inflation pretty much every quarter since some time in 2022.

And no, we shouldn’t punish you or our hypothetical restaurant owner for setting your prices properly.

Also, taxes don’t remove money from the economy so it would be neutral from an inflation standpoint. But that’s a much longer story.

Nvidia is making a thing and selling it. No matter what happens with AI tech, they are going to keep their winnings.

Everybody else… well they borrowed/raised and spent a FORTUNE on R&D, chips, and electricity to make a product that has no realized commercial value (yet?). They are either going to figure out where the money comes from soon or the bills gonna come due. The next 12 months are going to be popcorn worthy if you like watching the tech industry.

I have to know what the Detroit soccer team did to get so high on that list. Somebody here must know. Please!

It’s the same thing the right does with government. It is a truism that there is all sorts of “inefficiencies” where the money is going to the wrong people for the wrong stuff.

In both cases, it’s sort of correct and sort of wrong. Corporations, governments, and any human institution beyond a certain scale (a few hundred people), will leak wealth into places it shouldn’t. It’s an unavoidable feature of our species as best I can tell.

It’s fine to accept it, it’s fine to be angry about it. It’s silly to blind yourself to it in some places and whinge about it in others.

Started playing with arch this week for the first time. Got a pretty good laugh when I realized that I forgot to install a dhcp client and had to boot the install media again to add networking.

I appreciate what they’re doing and I’m going to keep poking at it, but my first impression is that philosophy is driving and the utility is in the back seat.

Ha, I roasted you for having the good sense to let somebody else handle some of this stuff for you.

Nobody in crazy rabbit hole club is allowed to do anything the easy way!!

I definitely did not claim it was braking privacy. As far as I can tell it was just querying an update server but for some reason it was doing it with such frequency (hundreds a minute for hours out of the day) that I deemed it was broken and that the OS was not managed well.

Other people took a more suspicious view but mostly they just lost my trust that they had any business running a system on my network. If you google around you can get more nuanced takes I don’t actually know if they ever fixed it.

HAOS is a managed operating system, which is perfect for people who want to automate their home but don’t want to manage a Linux machine. It’s a little wild to me to see a person in this community advocating a managed OS. Like, what are we even doing here??

I killed HAOS and set it up in docker because it was phoning home a lot. Sometimes there were hundreds of dns queries a minute to HA servers. No thanks.

That is the traditional argument. I saying that game budgets have passed the point where it is responsible to use them for marketing tools and they have to be products in their own right.

Those insomniac leaks show that Sony is feeling the squeeze and is looking to find ways to make its first party offerings cheaper (strategic layoffs). When you need to sell 10s of millions of copies for the product to be successful, platform exclusivity is going to be a tough sell in the boardroom. Especially when the hardware wars has already been fought and Sony won it by a lot.

I think it will be a few years before the rest of the business catches on, but I actually think he is right about this. If you spend 100s of Millions on a game, you need to make money on it. It’s not some cheap thing you can use as a loss leader to sell some hardware. Winning the console war is no longer as smart of business as it was in past decades.

You have to look at the other platforms as retail partners instead of competitors. Game budgets are way too big to justify exclusivity in 2024.

Well… a tablespoon is 3 teaspoons and a cup is 48 teaspoons. You did get the 16Tbsp per cup right though.

This was a good try!

When I first read your comment I wanted to say that managing with these units isn’t really all that difficult. But, then I remembered that I have a magnet on my fridge that converts teaspoons to cups to quarts etc. I don’t know anyone who keeps that info in memory. Doubling or halving an American recipe can be an exciting math project

It’s fun to see what metric conversions an American has memorized. If a person can quickly convert miles to Kilometers, they are probably a runner. If you ask a group of colleagues how many grams are in an ounce, the dude who quickly say “28.3 give or take” is a pothead.

The real charlatans were the “the technology has promise” people. No, the technology was dumb.

The darfuri people in Sudan and the uyghur people in china were what I had in mind. But honestly, war that disproportionately impacts one ethnic group or another is a fairly common sort of war.

That is a valid take. You could also say that all the VC was transferred into payroll for ordinary folks without any return to the SV billionaire club.

Totally different industry, but my company took a huge swing a few years back that blew up in their faces. It’s been rough since then but I put a LOT of money in my pocket during that period and I’m certainly better off than if they had prudently managed on austerity budgets the whole time.

I haven’t chased down sources but I saw a claim that the industry added net 20k jobs in 2023. This might really be more realignment than bloodbath. Anyone who was debt financing payroll has to make changes asap, but the industry still generates tons of revenue and grows YoY.

I think that is a microcosm of the whole business right now. Very low interest rates meant that VC were taking bets like this all the time. Which allowed devs to finance expansion well beyond what their revenues would allow. The free money tap turned off and now everybody has to adjust back down. Low interest rates are an engine for growth. Raising rates is meant to crush investment and employment.

Macro economics is bullshit and not empirical at all but, the monetary policy levers do what they are supposed to do.

This is a thing that sounds like some crazy uncle bullshit but it is actually completely true and non-controversial.

The scariest thing to a central banker when it comes to inflation is that wages might start to go up. When that happens the inflations is basically permanent.

It’s an interesting argument but I think it is stretching things too far. Also isn’t a little anthrocentric to assume that our relationships are unique and different than all other living things here.

A pine tree drops needs that are so acidic few other plants can grow near it. Is it damaging the ecosystem?

Our relationship with bovines is weird right. probably the most successful large mammals on earth. Their success is completely due to being a great machine for turning grass into human food. It’s symbiotic in a lot of ways: we clear pasture and kill predators for them, but also, we eat them. Great for the cows and us, sucks for the trees and wolves.

Ants and aphids have a similar relationship. Great for the ants, and the aphids, not so much for the plants.

If you want to conflate human economics with the natural world, you would have to admit that nature is the domain of the most ruthless of capitalists. Christ, the whole point of a lot of leftist thinking is that we must “rise above” our animalistic nature.