Readit Newshttps://en.wikipedia.org/wiki/Embrace,_extend,_and_extinguis...
So every once in a while a newcomer like TikTok could blow up and become a fad, but some old grandma could just keep plugging away on their hilariously old-school service and still follow their granddaughter's high school swim team hosted on the hip new shiny service all the kids are going for today.
That is probably why Ellsberg referred to Dr Strangelove as a documentary...
I remember several moments in my career when a boss or an investor literally tested me to see if I was a cheater. I suspect I failed these tests and it's why I wasn't promoted and why I didn't receive funding.
It used to be that elite status was acquired through bravery, intelligence and integrity, but these days, not only are elites not self-made, they are actually selected for having the exact opposite characteristics.
It used to be that people tried to manipulate public perception to appear brave, intelligent, ...
If you mean "it will hurt somebody's feelings" don't say "it's illegal". Those words do not mean the same thing.
If a company earned a $1 dividend for the last five years and the stock price is $10, what is wrong with paying out $1 dividend again next year and having the stock price stay at $10?
If a stockholder wants a bigger payout they can sell their share and invest the $10 in some other stock and take their chances.
Personally, I think a $10 share that pays out $1 and is still worth $10 is incredible. It doesn't bother me at all that neither the price nor the dividend has grown. It doesn't bother me that the square meters of manufacturing floor space hasn't grown. I don't mind that the number of employees hasn't grown. It's ok that the number of SKUs has stayed the same.
Sort of? It's more complicated than "get highest share price possible as quickly as possible." Plenty of companies out there are focussed on long-term, stable growth.
Yes. But it can only be counted as a success if your profits allow you to reduce your debt. Manufacturing goods can be quite capital intensive, which is why companies often have to take on debt to make things.
>pump up the stock price and enrich the current shareholders.
The problem here is that doing anything else as a publicly traded company is illegal. But also consider that shareholders loose everything they invested if the stock price goes to zero.
>We used to call the latter a Ponzi scheme and put people in prison for it.
That is not a Ponzi scheme.
>The problem here is that doing anything else as a publicly traded company is illegal.
No, it is not. You aren't breaking the law just because your stock price didn't go up.
From a UK perspective: my family got dual up in ‘94, there were lots of ISP options & it was basically impossible to buy anything slower than 28.8k new (at retail anyhow, I’m sure you could special order) as no-where stocked them. 28.8 took over fast.
I think the UK had lots pf ISPs at the time because without a local number to call it was VERY expensive rather than just kinda expensive. But that’s just a guess.
I know it does have it's use cases, but if you don't need access control and more complexities, postgres (at least then) seems like so much hassle.
If it's better now perhaps I may try it, but I can't say I have high hopes.
If that was the case, sqlite would have been unsuitable for your needs.
In other words, the complexity you describe was not caused by postgres. It was caused by your app design. Postgres was able to accommodate your app in a way that sqlite cannot.
Sqlite does have the "it's all contained in this single file" characteristic though. So if and when that's an advantage, there is that. Putting postgres in a container doesn't exactly provide the same characteristic.