Readit NewsThe net utility of AI is far more debatable.
Not necessarily. Google is valued 7x that and most people don't pay them anything. They just make ridiculous money from ads for insurance and loans. Meanwhile, ChatGPT is the #1 app and the #5 website, which should really worry google (and it does by all accounts).
Recently I've visited a rental property to find shallow, not sound-proofed walls, askew doors made of something that looks like paper and not a single straight corner. And this is a 2023 build! It's brand new. And still looks awful.
I have an article about that. https://medium.com/@ifcllc/qualification-f33ec8fcb736 but man, it's getting worse and worse.
Just to have a 2-room apartment that I used to live in 30 years ago would cost over 1.5 mil today. Adjusted for that inflation of quality.
Not only that, but the walls/floors were paper thin. We could hear the floor creak when our upstairs neighbors so much as shifted their weight.
1) people who haven't programmed in a while for whatever reason (became executives, took a break from the industry, etc)
2) people who started programming in the last 15 or so years, which also corresponds with the time when programming became a desirable career for money/lifestyle/prestige (chosen out of not knowing what they want, rather than knowing)
3) people who never cared for programming itself, more into product-building
To make the distinction clear, here are example groups unlikely to like AI dev:
1) people who programmed for ~25 years (to this day)
2) people who genuinely enjoy the process of programming (regardless of when they started)
I'm not sure if I'm correct in this observation, and I'm not impugning anyone in the first groups.
Software engineering is very different. There's a lot of debugging and tedious work that I don't enjoy, which AI makes so much better. I don't care about CSS, I don't want to spend 4 hours trying to figure out how to make the button centered and have rounded corners. Using AI I can make frontend changes in minutes instead of days.
I don't use the AI to one shot system design, although I may use it to brainstorm and think through ideas.
Yeah sure, all my own fault I suppose, but also...bugger off Air Canada. </rant>
Noel recently covered Air Canada vs Porter: https://www.youtube.com/watch?v=s_acPeCOY1I
I completely agree, we need homes for rent at reasonable rates.
But I forgot that a lot of the homes that were purchased for investing were purchased to rent out. A 75% tax on the profits from sale wouldn’t help. If it’s 75% on all profits, including rental income, it’ll destroy the rental market.
I can’t think of a decent answer off the top of my head. My suggestion was glib, but it was meant for the pretty easy case of just flipping.
Trying to control how many houses are purchased versus rented, and how you determine a reasonable rent or prevent that from being abused, is a lot harder.
I know a lot of people who have struggled to find homes to rent when they need to move to a new city with a family for a shorter-term job like a year or two. All the homes available are for sale, none are to rent.
If it's to rent, it's not taking any living space off the market.
And with elevated mortgage rates, it could be smart for people to rent now rather than buy, waiting to buy until interest rates come down.
Just pay a 75% tax when you do.
If you can find places to make money with those taxes, have at it.
But you’ll stop messing with normal people’s attempts to buy a house for the most part.
If you move a lot, or want to be able to move easily and explore different cities or even neighborhoods within a city, renting is way easier than if you'd have to go through the hassle of buying.
What sucks is when private companies start owning too many houses and they have unfair advantages over regular folks. For example, they have teams of lawyers.
Kyoto was never going to be able to deal with the level of tourism that it's currently struggling with, though. My friends and I refuse to even stop there now - and I tried to get some friends who visited recently to avoid it in favor of some other culturally significant spots, but the TikTok trend seems to be incredibly powerful. I don't know if I have the words to express how that interaction made me feel, but it's definitely weird.
We tried going off the tourist path a bit, but since we didn't have that much time there, and know no japanese, it isn't super easy to do figure out where to go / what to do.
I seem to always have better outcomes with Claude code.