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Ask HN: What are some scams that are yet to go bust?

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Re: Ask HN: What are some scams that are yet to go bust?

#11
post #10
post #8

I would say Tesla's "FSD". For years they have promised it and cashed in the money, making it even non-transferable. FSD is still years away from working.

That is true for FSD in general, but Tesla advertise it as "being around the corner" Part of the problem with FSD is that it is difficult to make and test incremental improvements on a larger scale. At some point you need to send a big fleet of cars and let an "average" driver drive it without any special safety measures Another part of the problem is public perception of safety, people are willing to accept fataliti…

The social acceptance of many autonomous applications hinge on accepting that someone was hurt or killed in a way that was trivial to prevent for a human in control.

The other side of this is that a machine may prevent other accidents that a human cannot prevent. As long as our machines aren't truly superhuman we will have to find an optimal middle-ground (between human and machine control).

Re: Ask HN: What are some scams that are yet to go bust?

#12
I'll get downvoted for this: Religion and Capitalism.

Religion is the ultimate vaporware. Nothing there but air and community.

Capitalism is 100% dependent upon an unfair exchange: unless there is an unfair exchange generating profit, no capitalist will accept such a deal. Capitalism relies 100% on individuals in no position to refuse the offer, because Capitalism creates and relies on a population of people unable to refuse such offers.

Re: Ask HN: What are some scams that are yet to go bust?

#13

I'll get downvoted for this: Religion and Capitalism. Religion is the ultimate vaporware. Nothing there but air and community. Capitalism is 100% dependent upon an unfair exchange: unless there is an unfair exchange generating profit, no capitalist will accept such a deal. Capitalism relies 100% on individuals in no position to refuse the offer, because Capitalism creates and relies on a population of people unable t…

Community is incredibly valuable to most people. Religious venues are also places of belonging, mutual support, hope, shared activity and moral values.

Unfair exchanges exist in monopolistic forms of capitalism, but in a more competitive free market system, most exchanges will be purely voluntary.

Re: Ask HN: What are some scams that are yet to go bust?

#15

I'll get downvoted for this: Religion and Capitalism. Religion is the ultimate vaporware. Nothing there but air and community. Capitalism is 100% dependent upon an unfair exchange: unless there is an unfair exchange generating profit, no capitalist will accept such a deal. Capitalism relies 100% on individuals in no position to refuse the offer, because Capitalism creates and relies on a population of people unable t…

Community is incredibly valuable to most people. Religious venues are also places of belonging, mutual support, hope, shared activity and moral values. Unfair exchanges exist in monopolistic forms of capitalism, but in a more competitive free market system, most exchanges will be purely voluntary.

Is there value in distinguishing religion from organized religion? I'd hardly call the Catholic Church paragons of virtue.
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