Viewing profile — lotsofpulp

>If you replaced your art team with an AI I won’t give you my money. If you lie about it then you’re just a scumbag. Does this mean reducing number of employees on art team to zero…

This is inevitable in any system where the old want to maintain purchasing power over the young and the proportions of old are increasing relative to the young.

>UBI is essentially redistribution from those who work to those who don't work. That is what earned income tax, payroll taxes, and Medicare and Social Security taxes are.

Because stick built is superior to manufactured for 95% of situations and buyers. There is a reason why it’s so ubiquitous. The US is blessed to have access to cheap sticks.

If you were in charge of denying or approving claims (millions of them), would you expect to make errors? Would you expect every insured without sufficient medical knowledge to und…

>The moral crime of excessive claims denials that resulted in many needless death for no better reason than he wanted a to boost UHC's stock price to get a bigger bonus. Since you …

Demonstrating the waste of time that 99.9% of Youtube videos offer. Construction has seen tremendous technological advances, from materials to tools, even down to software that mon…

>up to a level of wealth (e.g. being able to not worry about food, shelter, and future security), Assuming future security means affording cutting edge healthcare, this puts you in…

There is no guarantee in both the owners salary or equity growing (just like an employee has no guarantee of having their job tomorrow). The wealth concentration is a combination o…

I would bet for most people, employee stock programs or company stock will provide far lower and more volatile return than an SP500 index fund. The US public has long been able to …

>Thats just like saying that public schools are a wealth transfer from the working class to students >or that health insurance is a wealth transfer to old and sick people Both of t…

Those are also wealth transfers. I don't have that statistic to easily pull up, but the federal government has a nice website to easily show an example, one that happens to dwarf a…

The majority of federal government spending is a wealth transfer to old and poor people: https://fiscaldata.treasury.gov/americas-finance-guide/feder... That’s also an easy sign of…

Alphabet has almost 200k employees, it would be surprising if they weren't constantly laying off a ton of people (and hiring them).

You need a lot of money to retire in a beach house in California and have your own small yacht and fly private. And buy concierge healthcare and get your kids into the top schools.…

What is even more moronic than Federal Express Express is Fedex Express (worked by well paid employees) is a completely different product than Fedex Ground (worked by the lowest pa…

That kind of discourse is welcome to stay on Reddit.

Why would that matter if it's all still a subsidiary of Apple/Amazon/Disney/Comcast/Netflix/Sony? The relevant taxing authorities would be concerned with the parent companies' fina…

In the US, “public” can be short for a private business with publicly listed shares on a stock exchange anyone can buy, or public can mean an organization owned and operated by the…

Oh yes, I see that now. Either way, Tesla has a proven product that is cheaper, so if I’m trying to save money, for all intents and purposes, a Tesla is still thousands cheaper wit…

Cheapest Model Y is $40k and cheapest R2 is $58k. Cheapest Model 3 is $37k. The vast majority of Teslas sold are in an entirely different market than Rivian, which hasn’t even star…

“Tesla, but nicer, and $20k more” Also, while FSD has limitations, I have found it provides enormous utility for older people, and Rivian doesn’t yet have a competing product for F…

I did not claim any of that, so not sure if your reply is misplaced. It’s an easily observable fact that throughout the previous decades, investors have invested in businesses that…

Because buyers choose to spend less money, so if a business comes around that can offer the same product/service at a lower price, the investor will want to own a piece of that bus…