Pohl

joined 1 year ago
[–] [email protected] 2 points 4 months ago

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.

[–] [email protected] 4 points 4 months ago (2 children)

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.

[–] [email protected] 37 points 5 months ago (7 children)

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.

[–] [email protected] 147 points 6 months ago (5 children)

“Privacy” means two different things depending on the audience. For me privacy means that my information is not being used to advance some organizations commercial interest. For others it means that my information will never be shared with a government.

Don’t advertise to me

Or

Don’t narc on me

I guess I don’t really expect a company to resist pressure from government agencies on my behalf. Especially if I have been using their service to commit crimes in my country. If you are doing things your government would prefer you didn’t, hire a good lawyer and consult with them about what should be sent via email (spoiler, it’s nothing). The mafia doesn’t send emails, or put anything in writing, if you do crimes, you shouldn’t either.

[–] [email protected] 1 points 6 months ago

My dude, never underestimate wall streets ability to ignore tsla failing. They will hold that stock. Shorting tsla is a fools errand. The people who own tsla are immune to reality.

Everything good that tsla owners were banking on has already happened. The gravy days are in the past but… the insane valuation persists.

You cannot short stupidity.

[–] [email protected] 5 points 6 months ago

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.

[–] [email protected] 5 points 7 months ago (1 children)

The wired Nic on mine is dead, WiFi only now. one time modeled and 3d printed a part to fix the feeder. I will keep this fucker running forever.

[–] [email protected] 2 points 7 months ago

Wall Street investors gave him the money. Him knowing that they would be dumb enough to give it to him is the reason he got it. Which is a weird way of “earning” money but it kind of is.

Despite our feelings on the company, Wall Street ate that shit up, thus his equity package is worth all that money. Why did Wall Street like Reddit stock so much? I sure don’t fucking know, which is why I never thought to ask them for hundreds of millions of dollars for a company that loses money hand over fist.

[–] [email protected] 3 points 7 months ago (1 children)

It’s so strange. I have realized over the last few years that I think I prefer apples stuff to Google or Microsoft but like, they ain’t my family. Just the least bad tech company I can buy certain products from.

These suits will either make the products slightly better or change nothing at all. Why the fuck would any consumer be upset by that???

[–] [email protected] 7 points 7 months ago (1 children)

Trust is when two or more companies secretly collude against the interest of customers. That is what you would find in a textbook anyway. This is more an abuse of monopoly.

[–] [email protected] 1 points 8 months ago

Art is media that conveys emotions and ideas from one human to another. Unless a machine has emotions of its own, it cannot make art. It is just making media.

[–] [email protected] 2 points 8 months ago (1 children)

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!!

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