Readit News logoReadit News
po1nt commented on This is not the future   blog.mathieui.net/this-is... · Posted by u/ericdanielski
po1nt · 10 days ago
Human action is inevitable. Ask Mises.
po1nt commented on Eurydice: a Rust to C compiler   jonathan.protzenko.fr/202... · Posted by u/todsacerdoti
apitman · 19 days ago
I use Rust and C at work. I quite enjoy Rust, but I currently have no reason to believe C won't outlive it, by a lot.
po1nt · 19 days ago
Well, Fortran is still used somewhere too
po1nt commented on Europe is scaling back GDPR and relaxing AI laws   theverge.com/news/823750/... · Posted by u/ksec
rckt · a month ago
I get that too many regulations is a bad thing. But when we talk privacy and personal data there should be no gray zone. It has to be black and white. When I see a stupid cookie banner I search for "Reject all". There's no some data that companies can collect and process without my consent, they just shouldn't be able to collect anything without me actively opting in. Business never respects anything, but profits. Seeing news about relaxing these laws with the "AI" going after this leaves a bitter taste. And with them also trying to push the Chat Control thing, it gets even worse.
po1nt · a month ago
Every regulation has some unforeseen consequences. Most of the time it's impacts are worse than the effect we wanted to regulate from the start. Us humans discard the effects we can't predict as benign even over smaller inconveniences we can see.
po1nt commented on Defer: Resource cleanup in C with GCCs magic   oshub.org/projects/retros... · Posted by u/joexbayer
jcupitt · 3 months ago
`free(NULL);` will crash on some platforms that gcc supports, I believe.
po1nt · 3 months ago
It shouldn't https://pubs.opengroup.org/onlinepubs/7908799/xsh/free.html

>If ptr is a null pointer, no action occurs.

po1nt commented on The role of Amazon fires in the record atmospheric CO₂ growth in 2024   essopenarchive.org/doi/fu... · Posted by u/bikenaga
dr_dshiv · 3 months ago
So it’s pretty clear we need to adopt solar radiation management r&d asap. Because that is the only feasible way we will stabilize the heat balance in the next few decades.
po1nt · 3 months ago
We had just that. But we accidentally banned it by banning sulfur in cargo ship fuel.
po1nt commented on Did California's fast food minimum wage reduce employment?   nber.org/papers/w34033... · Posted by u/lxm
StevenWaterman · 5 months ago
The total salary would go down if you did that
po1nt · 5 months ago
How can you know that? That's also such an arbitrary number to obsess about. Setting bilionaire income tax to zero would increase total salary also.
po1nt commented on Did California's fast food minimum wage reduce employment?   nber.org/papers/w34033... · Posted by u/lxm
bravesoul2 · 5 months ago
They might get another job.

People dont think holistically about the economy. They think there are jobs. When they go there are that fewer jobs. Immigrants come in a steal jobs. Etc.

But in an economy, each richer consumer creates more jobs. The McD employees now buy better food, creating work for that supply chain. Or they can pay for education. Or they buy a takeaway coffee more often.

The immigrants who come and do jobs work hard for lower pay them spend that money into the economy.

po1nt · 5 months ago
If they could get higher paying job they would already do so. No legal immigrant dreams of working at McDonalds. No illegal immigrant would be employed by McDonalds.
po1nt commented on Did California's fast food minimum wage reduce employment?   nber.org/papers/w34033... · Posted by u/lxm
StevenWaterman · 5 months ago
If the total salary has gone up, for less work done, it is a positive change. You can solve the inequal distribution via taxes and benefits.

Start: 100 people paid $100

After minimum wage change: 90 people paid $125, 10 people paid $0

After tax increase: 90 people paid $113 + $12 taxes, 10 people paid $108 from taxes

Now everyone is paid at least as much as they were before, and fewer people are forced to perform labour

In practice it was only 3% unemployment not 10%, which means the tax increase is less and there is more of an incentive to continue working. You can also pay the displaced workers less than their original wage, to reach an equilibrium where everyone is happy with either work+more money, or leisure+less money. Or have it be age-based with an earlier retirement. Or have people work part-time.

We need to stop seeing having a job as being inherently good. Being able to live is good. Humanity should strive for 100% unemployment.

po1nt · 5 months ago
Then we should increase the minimum wage to 200$/hr or more.
po1nt commented on Did California's fast food minimum wage reduce employment?   nber.org/papers/w34033... · Posted by u/lxm
bravesoul2 · 5 months ago
They are working the same hours elsewhere for free?
po1nt · 5 months ago
They might be living in a tent on a sidewalk for free if you ban them from working.
po1nt commented on Did California's fast food minimum wage reduce employment?   nber.org/papers/w34033... · Posted by u/lxm
frikskit · 5 months ago
Small decrease in employment in exchange for ~25% higher wages for those employed? Did I get that right? Obviously every single row in the dataset is a unique human, but overall sounds like a big success?
po1nt · 5 months ago
It's 100% lower wages for those who lost jobs.

u/po1nt

KarmaCake day144April 18, 2021View Original