581–590 of 620 posts
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How are crypto currencies changing that?
Fixed issuance.
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Bootstrapping the second time is much easier
For instance, knowing that Corn doesn't supply absorbable niacin without nixtamalizaion, and diets dependent on corn tend to have large bouts of pellagra, is something that took hundreds of years to work out. Walking into a corn fed post-apocalyptic future knowing that soaking your corn in ash water and hulling it prevents pellagra and improves the viability of your group is some handy knowledge. This is also why reb…
Counter-intuitively though, while a lot of people think rebuilding software from scratch will be a lot faster, in practice it's not because people tend to have to re-invent and re-discover a lot of things, and bolt a lot of other stuff on top as well. Plus over-engineering, plus analysis paralysis, etc.
So making a carbon copy of e.g. a website: sure, but for a lot of software it doesn't work like that.
That said, I do believe rebuilding software will work out better in the long run because learning from the mistakes of the past. It'll be interesting to see what e.g. Google's Fuchsia will turn out to be, the first big / sponsored OS made from scratch in a while.
And Firefox / Rust is another interesting one; it was a massive investment and risk, but I think it's paying off.
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that's what being rich means - being able to control a large share of resources.
Sure, but a lot of the pro-cryptocurrency people say (or used to, at least) that cryptocurrencies will liberate us from the existing power structures. But it doesn't really, because the people with pre-existing power can just as easily buy their way into power over cryptocurrencies too.
The worst you can do is monitor traffic and try to correlate wallets and transactions to known identities and products similar to attacks on Tor, then use good old regular meat space violence. Privacy oriented coins like Monitor make this even harder, to literally impossible, too.
I suppose you could start mandating some central registry for wallets or some such and refuse to process any transactions not originating or destined to a registered wallet, but that would require a hard fork and people to willingly go with it.
Technically you don't even need miners, computers, or electricity to exchange cryptocurrency. You can just exchange scraps of paper with a key phrase printed on it that says "wallet contains X btc". The walled could have been emptied before the exchange and that would still require verification by looking at the chain, but otherwise it's perfectly doable, and literal bitcoins do exist.
Sounds familiar?
Goodbye dreams of owning an Nvidia GPU in 2022 - I ain't paying cutthroat prices on ebay/amazon. Guess we're buying Intel! Sidenote: Intel manufacturers their own stuff, and so is Apple right? Their new cool chips are all in-house or are they through TSMC?
Coming up on a year since product launch and people camping out at Best Buys around the country literally last night. It's unreal.
Forgive the naive question but why doesn't the US government fund several foundries in the US immediately? $20B over 3 years is a drop in the bucket compared to a lot of military spending and these chip shortages surely have downstream impact on the defense industry, no? At this point I'd be much happier subsidizing chip manufacturing than most of the other ways this country spends money overseas.
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"Manufacturing economy" was a meme sold to gullible nostalgic masses Work is work, money is money. There's nothing fundamentally more important about manufacturing then other types of jobs. The US still has tons of manufacturing but unsurprisingly its on the backs of much fewer jobs, many of which require more education and specialization then manufacturing economy of old used to supply
Manufacturing is lower on the hierarchy of needs, however when you are blocked from getting these basic needs your economy immediately crumbles. You can get by without services, you can’t get by without manufacturing. There are no tech workers without computers.
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"I was hoping things would settle but it doesn't appear to be the case." I've come to the conclusion that it's not going to 'settle' for a long time. Not until competition arrives from new foundries (several years out, although they _are_ being planned and built) and competition from Intel and their GPU platform appears and eventually becomes competitive. So your wait will be a couple years longer. Proof Of Stake wit…
Apple’s move, a decade ago, to control their own silicon seems quite prescient.
> The company has said it will make $100 billion in capital investments over three years through 2023. >At the same time, "it will be very costly to manufacture in the U.S. and Japan," a member of the TSMC executive team said. The company is building a cutting-edge semiconductor facility in the U.S. state of Arizona and is considering opening its first Japanese chip plant in Kumamoto. TSMC heed the call of US to buil…
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US Manufacturing is still going. In fact, we manufacture more than ever. Folks conflate manufacturing with manufacturing _jobs_. Our manufacturing is more efficient then ever which is why you constantly hear this false refrain that US manufacturing is down or gone.
Oh? https://qz.com/1269172/the-epic-mistake-about-manufacturing-... tl;dr if you focus on Intel's monopoly money-printer years, multiply it by a hedonic adjustment due to Moore's law, and mix it in with the rest of manufacturing it's enough to hide de-industrialization in your statistics.
Claiming Trump was really right, is usually sign of a writer trying to get people to read a bunch of opinions that don't match reality presented as "bold independent" stance
> Worse than the Great Depression: America’s manufacturing jobs implosion
So they're straight up going to max bullshit mode?
And they say if we ignore one of the most productive manufacturing sectors (computing) the data looks worse, Is that at all surprising?