Yea, „those people“ making provincial governments go into debt for… toy-based theme parks? Musk be terrible.
Readit NewsIAmEveryone commented on Legoland bond crisis threatens South Korea's economy foreignpolicy.com/2022/11... · Posted by u/lawrenceyan
> Once all the smoke and hullabaloo has cleared, and all the grandiose promises have fallen to the wayside, what remains is a core of genuinely useful and relatively simple core concepts that enter the canon, along with standards and protocols
has this happened with blockchain yet? I'm not seeing it.
Maybe I haven't been around the block enough because blockchain is the first hype tech I've seen that keeps not doing anything that existing tech can't do better. And yes I've looked, a lot.
The underlying tech sounds super promising and I hope someone figures something out. Not much luck so far.
> has this happened with blockchain yet? I'm not seeing it.
It's a unique situation in that hype is easily and definitely measurable: market cap. You would arguably need to subtract any use for real-world applications, i. e. the drug business using it, which can easily be approximated (to the closest full percentage point of market cap) by the formula x = 0.
IAmEveryone commented on In search of the least viewed article on Wikipedia colinmorris.github.io/blo... · Posted by u/ot
Note that page view data is also available at https://pageviews.wmcloud.org/?project=en.wikipedia.org&plat...
(I didn't see this linked in the post. Apologies if I missed it)
That happens everywhere, this is why Canadians so often wear flags abroad, they don't like being confused for Americans. I originally thought they were really patriottic or something but the ones I met told me they were just sick of having to explain constantly.
I think Australians and New Zealanders get the same, confused for each other. And us Dutch are confused a lot with Germans too. Not that I wear a flag for it though :)
Source: Shared a house with a bunch of Canadians :)
I am thinking about wearing a Dutch flag when abroad to avoid being considered a German.
And I am German.
People don't realize how massive cyberspace is. It dwarfs RL by orders of magnitude. People spend over 3 hours a day in that space and are barely maybe aware of it.
People spend more than 23 hours per day in RL, making me doubt the blame that "cyberspace dwarfs" it.
Now I have to file this link for when someone makes fun of "computer, enhance" in sci fi (Blade Runner comes to mind)
That was always stupid and there were always demonstrations of said stupidity. It’s one of those snarky contrarian takes people repeat ad nauseam. See also: correlation and causation.
You suggesting the rest of the country stops beating up on california?
This excellent comeback currently being downvoted is quite a testament to this weird turn against California in the tech community. It seems too sudden and drastic to be just the result of the general ascend of the alt-right in the sector so I am wondering if there any other reasons? Elon Musk? (No it’s not the weird crime fantasies. Also, by the way, Sweden still has excellent quality of life and phrenology is probably wrong and definitely useless)
Maybe housing? But that’s almost literally the Woody Allen joke, “nobody goes there anymore, it’s too crowded”.
So… A recession may turn out to be bad for an economy? I know economics is called the “dismal science” but this seems to undercut even low standards.
More specifically on the article’s thesis: yes, California’s tax revenue may be more sensitive to an economic downturn. But that’s due to extremely high income from startups that just doesn’t exist in other states. It’s running a budget surplus that’s something like half of all other states’ total revenue IIRC.
If that extra income disappears, people will still work, earn income, and go shopping. The state’s revenue will just revert to normal-state levels.
Hacker News has taken this weird turn to hate California to a degree usually reserved for, say, female CEOs or renewable power. This story may seem to satisfy this urge, predicting as it does a hard crash for the state. But it’s really just reporting on the altitude record the state is currently setting.
Edit, in response to the answer below: TIL, thanks! I’ll have to switch to making jokes about their Nobel being second-rate and their models being thinner and on more crack than those of the fashion world.
IAmEveryone commented on Invade Haiti, Wall Street Urged. The U.S. Obliged nytimes.com/2022/05/20/wo... · Posted by u/acqbu
So why didn't the US impose sanctions on the Saudis after they nationalized US oil companies in Saudi Arabia? Or (checks notes [1]) Sri Lanka, Turkey, Bolivia, Bahrain, etc.?
The problem with this theory is that it doesn't account for all of the nationalizations that the US didn't respond to with sanctions or invasions. Which is, I believe, larger in number than the reverse.
[1] https://en.wikipedia.org/wiki/List_of_nationalizations_by_co...
For Saudi Arabia, it seems they didn’t nationalize anything but demanded 50 % of profits, which is not too far off from being considered a tax. They then bought the other 50 % decades later.
For Sri Lanka, it seems it wasn’t oil production but merely the domestic petrol distribution? Also unclear how much of it was British and not American.
For Turkey I can’t find the company at issue, but it apparently happened before the Second World War and I’d guess American interests just weren’t very substantial at the time? The article suggests the US was supporting Turkey in getting out from under existing relationships with the old powers of Europe.
Oh, wait!
Elon Musk, Nov 18th, 2022: https://twitter.com/elonmusk/status/1593673339826212864