It seems to me that since AI is built on the collective works of the workers it's replacing any profits should probably be taxed at 100%
Readit Newsrnernento commented on If AI replaces workers, should it also pay taxes? english.elpais.com/techno... · Posted by u/PaulHoule
rnernento commented on Ross Ulbricht granted a full pardon twitter.com/Free_Ross/sta... · Posted by u/Ozarkian
In 2021, Ulbricht's prosecutors and defense agreed that Ulbricht would relinquish any ownership of a newly discovered fund of 50,676 Bitcoin (worth nearly $5.35 billion in 2025) seized from a hacker in November 2021.[78] The Bitcoin had been stolen from Silk Road in 2013 and Ulbricht had been unsuccessful in getting them back. The U.S. government traced and seized the stolen Bitcoin. Ulbricht and the government agreed the fund would be used to pay off Ulbricht's $183 million debt in his criminal case, while the Department of Justice would take custody of the Bitcoin.[79][80]
rnernento commented on NASA unveils new moon suit forth.news/threads/6411f1... · Posted by u/jaredwiener
It doesn't look evil enough for this timeline...
Can we leverage blockchain to fight back against this kind of stuff?
rnernento commented on Ask HN: What are some of the best books you have read in 2022? · Posted by u/curious16
Gene Wolfe's The Book of the New Sun series. As someone who read a lot of sci-fi, I'm surprised I've discovered it only now. It's considered the Dostoevsky of scifi, very different from golden age hard scifi. Already started books of the Long Sun.
Disappointment of the year - The three body problem. Feels like buying on amazon a product with thousand of rave reviews only to realize its all fake Chinese reviews.
I think Gene Wolfe is the one of the greatest authors of all time across any genre. I highly highly recommend the Fifth Head of Cerberus which is 3 short interconnected novellas and Peace, which isn't traditional Sci-Fi but is absolutely worth a read.
He's not just writing, he's constructing beautifully crafted puzzle-boxes that take a lot of time and thought to unpack.
rnernento commented on Ask HN: Any legal place to buy offline TV movie downloads? · Posted by u/fxtentacle
I think the problem here is what you're really asking for is DRM free content. None of the content producers themselves are willing to license their content that way so it would be very difficult to build the service.
rnernento commented on Inflation is at a 40 year high. What can history teach us? yarn.pranshum.com/... · Posted by u/pranshum
> History teaches us that inflation will continue as long as the government keeps printing fiat money.
That's what you hear a lot, especially these days.
But is it really true? What exactly is the signal path, that leads from more money to a higher inflation? I guess, there is a fair amount of psychology involved.
I mean it's pretty straightforward right? There are now more dollars in play all after the same amount of goods, each dollar has less purchasing power. Why are you so quick to throw out the simplest explanation?
rnernento commented on Inflation is at a 40 year high. What can history teach us? yarn.pranshum.com/... · Posted by u/pranshum
Ok, but why now? Why not 14 years ago, or 10 years ago, or 5 years ago? We've been in a zero-interest-rate, QE world for quite a while.
Somehow I do not think it is as trivial as your 8th grade econ textbook might suggest.
I don't think you realize just how much of the money has been printed in the last 2 years.
See fed balance sheet over time: https://www.federalreserve.gov/monetarypolicy/bst_recenttren...
See M2 over time: https://fred.stlouisfed.org/series/M2SL
I predict a massive backfire on this one.. I know Netflix is struggling but as competitors (see HBOMax) get better and better now is not the time to both raise prices and give people a reason to revisit their active subscription. I know plenty of people who only continue to pay for Netflix because they share it with a bunch of people. They don’t really have any killer content right now and as far as I can tell no streaming service has figured out how to deal with people who just cycle between services… This is not the right problem to focus on right now.