691–700 of 761 posts
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Why would I want to do that? Do you routinely compare apples with oranges?
The only complete analysis is risk vs. benefit. We don't look at heart transplants and say "look how many people died! we should ban them"
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No need to "hear." This is easily Googled. Americans have the highest level of disposable income in the world, and it's not even close. Even Europe's mega-rich tax havens like Luxembourg have a lower disposable income than Americans. https://en.wikipedia.org/wiki/Disposable_household_and_per_c... Yea I know the rebuttal--"but I also heard they all have $100,000 hospital bills every year!!" The disposable per capita i…
You used the term "highest level of disposable income in the world". Sorry to be so blunt, but it's not helpful if you look only at the average. A better metric would be the median because it is well known that the super rich distort the disposable income in some countries (the US, but also some European countries). I see in plutocraticish environments the rich and powerful sometimes very deftfully prevent measures i…
Americans rank #1 on both mean and median. So the point about the super rich distorting the mean is irrelevant.
> But somehow it is just easier to live as a poorish person in many European countries.
Perception and narratives are not reality. In fact, typically in economic matters it takes almost a decade for the public narrative to shift to match the reality of the numbers. Even if reality is right there in the data.
This is why bubbles usually go on for much longer than the "smart" people think they will. Look at any of Fama-French research; momentum is the strongest inefficiency in virtually all markets.
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> Now, large tech companies haven't wholesale killed people Teen suicides are a thing. It isn’t lung cancer, sure, but it also isn’t nothing.
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classic, uh, actually it's a good thing we don't have any tech scene bringing jobs and innovation!!
> innovation Target Advertisement? Gig Economy? Er... We have different ideas of what innovation is desirable, maybe.
I find this extremely misleading. It's not surprising, given the average american publication is not aware of the fact that the "big tech" relies on so many obscure open source software from all around the world
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I haven't heard that perspective before, can you elaborate?
By my understanding, they didn't have to pay for the exorbitant North American interactive music licenses during their first five year. The EU rates were much more reasonable (plus I think they got grants and govt support?), allowing them to test the market and grow before entering the US.
Rdio, LastFM, Rhapsody, and Grooveshark all existed well before Spotify entered North America. Some of them actually predate Spotify
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oakay
You ever read the first edition of Bill Gates “The Road Ahead” where he didn’t even mention the Internet? Google thinking the future of phones were BlackBerry clones? Palm CEO “The PC guys aren’t just going to walk in a figure this thing out” referring to the then rumored iPhone.
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how much of gdp is facilitated through the search abilities of meta and google, though?
Are you just counting on others being too exhausted to bring yet another moot argument to its predetermined conclusion? I'll finish it to save everyone some time: A: how much of gdp is facilitated through the search abilities of meta and google, though? B: It doesn't matter. A: Why not? B: There will be someone else who is willing to play by the local rules fulfilling the same function in their place, just like in ma…
Umm, nope. I’m conjecturing that there could be an enabling aspect of huge scale, and that some smaller economies may fall below the threshold. Personally i hope what you wrote works.