Notes:
0 - https://www.washingtonpost.com/graphics/2020/world/national-...
1 - https://www.scientificamerican.com/article/nsa-nist-encrypti..., https://en.wikipedia.org/wiki/Dual_EC_DRBG
Notes:
0 - https://www.washingtonpost.com/graphics/2020/world/national-...
1 - https://www.scientificamerican.com/article/nsa-nist-encrypti..., https://en.wikipedia.org/wiki/Dual_EC_DRBG
You need a lot of money to make hardware, so you get vc money and eventually shareholder money. But if you're not selling new hardware all the time, the company isn't making money. So they dictate that you need to make new hardware, yearly.
Making new hardware yearly is enough of an undertaking that you no longer have time to iterate on the software that could enable new features. And often hardware iterations aren't going to change that much, it's hard to "invent" new hardware. It's better to make a hardware platform that enables new exciting features, and iterate on the software. But that isn't going to sell yearly.
So unless you have a software subscription model that people love, every hardware company tends to stagnate because they are too busy making hardware yearly to make "better" products.
You see this very clearly in cameras vs phones. The camera companies are still making cameras yearly but none of them incorporate the software features that have led phones to outpace them. A lot of phones with so so cameras take better pictures (to the average eye) than actual cameras because the software features enhance the photos.
I worked on firmware for such a "noun and verb" product that IPOd a decade ago, and lived the struggle realtime.
Or - turn it into a subscription.
Sure we can. Peter Thiel managed to put $5 billion in his Roth IRA.
https://www.propublica.org/article/billionaires-tax-avoidanc...
"Using stock deals unavailable to most people, Thiel has taken a retirement account worth less than $2,000 in 1999 and spun it into a $5 billion windfall... What’s more, as long as Thiel waits to withdraw his money until April 2027, when he is six months shy of his 60th birthday, he will never have to pay a penny of tax on those billions."
Receiving a relatively low official salary (Bezos's Amazon salary was $81,840 for many years).
Not receiving dividends, so the wealth remains in stock that is not taxed annually.
Borrowing money against their stock holdings to fund their lifestyle. Loans are not considered income and are therefore not taxable, and the interest on the loans can sometimes be used as a deduction.
A loan should definitely be a taxable event and capital gains taxes should apply to rebase the value of the stock to the market value at the time the loan is taken out. Currently, very wealthy people use the loan dodge to avoid selling stocks and since the loan isn't paid off until death (usually), estate taxes wave their hands and any gains in the stock price go away, so that the next nepo generation gets to repeat the same dodge.
Absolutely hilarious that he managed to work the "doesn't work it if pops up as stolen" angle in the opposite direction to make the car impossible to really do anything with (i.e. no junkyard can take it whole, no subsequent changes of title can happen) and live in various sorts of limbo for 20yr.
[0] - https://ir.dominos.com/news-releases/news-release-details/do...
>I traced Varsity’s market power to three basic maneuvers. The first was buying up most of the cheerleading competitions in the country, so that entering a competition meant dealing with Varsity. The second was secretly creating and running the nonprofits that govern the sport, such as the U.S. All Star Federation, which gave Varsity the power to write rules for and organize competitions, scheduling, camps, and ancillary services like insurance. And the third was cutting deals with gyms to block rivals. Gyms are where teams of cheerleaders train, and gym coaches tend to have control over what uniforms athletes must buy. The company gave gyms who bought their uniforms from Varsity preferential treatment and special rebates.
>One key result of Varsity’s scheme is inflated prices to the end consumer, which is why Bain bought the corporation in the first place. If there was cash to grab, Varsity tried to grab it. For instance, Varsity makes it very hard for parents to watch videos of cheerleading competition except through the firm’s specific expensive streaming service. There was the practice of 'Stay-to-Play,’ where Varsity would force athletes to stay in a specific hotel if they wanted to enter a competition, with Varsity likely getting rebates from that hotel in the process. The net result is that today it can cost up to $10-20k a year to be an All-Star cheerleader.
https://www.thebignewsletter.com/p/antitrust-and-the-fall-of...
>I missed out on two anti-competitive practices in the industry. The first is called “Stay to Play.” For many cheerleading competitions, though not all, out-of-town contestants are required to stay at a specific area hotel or set of hotels, or they cannot enter the contest. This is yet another way to raise prices on cheerleaders, and parents hate it. The second is that Varsity tends to be very aggressive about takedown notices for cheer contest video. If you film your kid at an event and put it up on Facebook or YouTube, Varsity is likely to ask you to take it down because it’s competitive with their VarsityTV streaming app. As one parent told me, it’s basically Varsity preventing you from sharing your memories publicly with your family or friends.
https://www.thebignewsletter.com/p/what-a-cheerleading-monop...
Presumably you want to train on as rich a set of data as possible, even if some of that data is redundant or irrelevant when it comes to human perception.
0 - https://www.acelinguist.com/2020/01/the-pin-pen-merger.html
Additionally, the warehouses are staffed by contractors, who once laid off from the subcontracting company are permabanned from ever working for any other contracting company that Amazon will use. Amazon is literally running out of humans that they can hire. If they are unwilling to address their "one and done" policy, Amazon will have to use robots in order to stay in business.
0 - https://www.cnbc.com/2021/12/20/amazon-warehouse-in-illinois...
During the Cold War, one criticism of socialists/communists was that they were taking orders from Moscow. Likewise, Catholics were presumed to be taking orders from Rome.
> Supporters of the Know Nothing movement believed that an alleged "Romanist" conspiracy to subvert civil and religious liberty in the United States was being hatched by Catholics. Therefore, they sought to politically organize native-born Protestants in defense of their traditional religious and political values.
https://en.wikipedia.org/wiki/Know_Nothing
During the later 1800s, many "charity hospitals" would abduct children of Catholic women and then sell them as orphans that other people could adopt. The Klu Klux Klan would also attack Catholics - not just burning crosses and lynching black people.
https://en.wikipedia.org/wiki/Orphan_Trainhttps://orphantraindepot.org/history/opposition-to-the-orpha...
https://en.wikipedia.org/wiki/Definitions_of_whiteness_in_th...
> Not only were Irish immigrants viewed as interlopers by many white Americans (an irony, considering the historical treatment of Native Americans), but these immigrants were Catholics in a primarily Protestant land. It was a religious difference that widened the divide, as did the fact that many Irish immigrants didn't speak English. As strange as may it may sound today, Irish immigrants were not considered "white" and were sometimes referred to "negroes turned inside out."
https://history.howstuffworks.com/historical-events/when-iri...
The history site covers how people perceive the value of work has changed over the centuries.
Index of the history of the ethics of work/labor: http://workethic.coe.uga.edu/history.htm
Home page of this mini-site: http://workethic.coe.uga.edu/index.html
The Wikipedia page has lots of links and references about PWE.
> In 1998, the International Sociological Association listed this work as the fourth most important sociological book of the 20th century, after Weber's Economy and Society, C. Wright Mills' The Sociological Imagination, and Robert K. Merton's Social Theory and Social Structure.[3] It is the eighth most cited book in the social sciences published before 1950.
https://en.wikipedia.org/wiki/The_Protestant_Ethic_and_the_S...
Almost anything can be a significant security issue for the state. They have to carefully choose where they are going to spend effort & money.
And they pick whatever will keep them safely in power... which never ever includes "strict regulation of vacuum cleaners".