Readit NewsAnyone felt the same or can provide a real-world problem, where data flow is actually working better that other solutions?
Back in the days, I always preferred netbeans - it was just more of a product, less of an exercise in object-oriented abstractionism.
Today, I am a happy user of vim (and vscode, if I need to) - I left behind the heaps of design patterns, thankfully. What this feels like to me is a trying to jump on a train, that's long gone.
I've never seen anything like COVID-19. I lived through the dot-com bubble, watching friends who want from an IPO party to crying and packing up their car back to Iowa within 6-months. Tech contracted and survived. Then there was the 2008 financial crisis. In that case, the damage was spread out beyond tech centers. Capital markets dried up and life seemed very uncertain for awhile.
With COVID-19, we went from extreme prosperity to an unprecedented shutdown of global economies with massive uncertainty as to how long this will last. Every business will be affected, the vast majority of them negatively.
I really wonder whether everyone is prepared for what it means to live in scarcity instead of abundance.
The amount of senseless applications and waste is staggering.
However, what I am observing is that 'capital' gets its hand in any aspect of life, the formerly family owned coffee machine maker, lingerie producer and the outdoor specialist went through couple of private equity hands - for what? For injecting capital to trim down ops, expand, then get out of a position?
After watching hundreds of hours of investing conference videos and interviews there is one thing, that really got me: why is this field so sad? I believe it's because all they ever talk about what they "own". The cannot make, invent, heal, fight, cook, write, harvest or any other human activity - all they do is "own" something that is valuable to others.
Imagine kids playing in the playground and all the talk about is what each of them owns. They cannot read, write, play an instrument, tell jokes, do tricks, etc. - no, but they control those who can and are productive.
I am not sure why, but I'd rather have a kid with talents than one with lots of "assets" (even though in this world talent does not matter, if you've got the assets).
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Warren Buffet was once asked by the audience, what you should do, if you have artistic talents and want to live them out, but you do not want to starve? He did not really care, understandably.
As long as this notion persists (which will be for many more decades I fear) power inequalities will just mean that some will suffer more (those who do not have resources in the first place).
Hey, you know, I am really sorry, but thanks for all the capital you helped us to accumulate - which we own and not you. Bye!
I imagine the most profound societal change will come from getting rid of this notion and the resulting reduction in power asymmetries.
From what I can tell, the best-case death estimate in the US should be around 1-2 million, and the worst case should be around 5-10 million. Does this seem wildly off?
This is based on the varying death rates in other countries that have had controlled/mild/manageable outbreaks (e.g. South Korea, Singapore) vs. severe outbreaks (e.g. Italy, Iran). The overall death numbers also seem to change depending on how overrun the hospitals are (going from, e.g. 0.9% to ~3%+), national demographics, etc. I'm also assuming an eventual population infection rate of 40% - 70%.
I'd obviously be thrilled to be proven wrong, but I honestly don't understand how people are coming up with numbers that are so much more optimistic.
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Solid states go into deep debt today, previously failed states will chew on it for the decade to come.