I generally find HN discussions pretty interesting, but this particular topic seems to just be two groups who have zero chance of changing their minds hurling misinformation and propaganda at each other.
New Jersey is probably the most socioeconomically segregated state in the country, mostly based on its school districts. It has crazy real estate prices precisely so parents can get their children into specific, high-performing school districts. These districts bring the state average up very high, but best of luck if your district is in the bottom 50%.
I think his argument is more of the "fool me once, shame on you; fool me twice, shame on me" variety. At some point complaining about ethics and morality of someone who has repeatedly shown no concern for either just makes you look like the unreasonable one.
For many of our current societies I would say that we have failed to distribute the available resources. And even more so if we look at how we have failed distributing resources between societies and countries.
> Capitalism is a morally reprehensible way to distribute resources
If you're still measuring wealth by income, you're probably not in the bracket that is being discussed here. $1 million per year is an extremely comfortable income, but it would take 30 years of saving that, post tax, before you hit $30 million in net worth, which is the entry point for UHNW status.
I do see your point, but it's highly unlikely that they are putting their wealth into a HISA for 30 years. There is likely 0 people who got to UHNW through saving money.
Totally. I'm someone who could choose to enter the capital class via purchasing rental properties or investing heavily in stocks, but I deliberately do not.
Capital class wildly different than wealthier working class. But in all honesty, bring the taxes all the way down to me at least. Anyone making a million a year could be taxed a lot more and still live comfortably. The capital class above me could afford a LOT more taxation and still live lives of unbridled luxury.
It's not new. Rabid ideologues on the other side blamed Obama for things that pre-dated his administration, as well. Some people just can't be rational when it comes to politicians they don't like.
If you think about the complexity of routing bags from a single plane on to potentially dozens of connecting flights and onto the non-connecting carousel, it's actually amazing that the process is not screwed up more frequently.
Of course, but no one is taking the bag physically so its destination. They're putting them on moving pathways that are matched to ever-changing information about gates, flight numbers, etc.
Flights arrive early or late or never at all, gates change frequently due to airport congestion. And the workers who are managing this are not known for their precision, so it has to be a super fault tolerant system.
"Jobs going away due to AI" really tracks two different outcomes:
- The type of job is eliminated due to AI
- The amount of people doing a type of job is substantially reduced because AI increases the productivity of people in that role and companies can do the same amount of that work with less people
I think the former is extremely limited so far, but the latter is pretty substantial. I didn't downvote you, but I imagine the people that did probably did so to reject the former argument.
The most common one is simply we wanted to cut heads and used ai as an excuse. Also AI spend is probably a huge drag on a lot of companies that are getting nothing off value but burning a lot
That's why I say the war is already over. Hamas won. The Israeli public is too enraged by Oct 7 and it can't pursue a long term goal because it has to feed the need for vengeance. The only group that truly benefits from continued conflict is Hamas, everyone else is a victim of circumstance.
Sure, but that can happen with too much efficiency, too. See, for example, supply chains during COVID. We had a very good handle on how much (for example) toilet paper we needed in normal times, and produced almost exactly that much.
Having some extra power generation capacity means you're not freezing to death in a cold snap or frying all the elderly in a heat wave.
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