41–50 of 75 posts
Earlier quoted context omitted.
I always think about the developers who were asked to implement something like this
It's always a bug. Usually, some issue with an iframe navigating to another html page, which makes the back button go back in the iframe instead of the page itself. This usually happens because of an ad, which makes me wonder why people are still navigating without ad blockers.
Many of the crazy things we see happening today come from the same root problem: the wealth of humanity has increasingly been funneled into the hands of a few. These may be mostly companies rather than individuals, but they are a proxy for a relatively small few people. This glut of finances leaves those few with a problem: what to do with it? And since accumulation of wealth is the ultimate goal , FOMO encourages in…
We need a concentration of money in order to make progress. But yes, we should also make sure that everybody can benefit from it.
...in the concentration of money.
"The handful of benevolent god-kings will be nice to people" is not a model for a decent future.
> Data centers are becoming political flashpoints, primarily because of their impact on electricity prices. I'd bet anything that they know people are pissed the market has wildly misallocated capital and are trying to save face by framing it as a cost that directly impacts consumers. In reality, the fear is knowing that our investor class is really too dumb to handle the money we've stuck in a box called "the world'…
They are building too many steam engines. It's a bubble that's going to pop and leave investors empty handed. There are only so many mines to pump water out of, mills to turn, textile machines to crank. And those industries have jumped on a bandwagon that they don't understand, and most will soon mostly revert to good old English laborers. His Majesty's subjects are starting to see the terrible environmental effects…
This did pretty much happen with railways during the industrial revolution. Huge amount of money was invested into railway build-outs and most investors lost their money even though the result was useful in the long run (though only a subset of what was built).
This data center boom is so reminiscent of the .com period. Suddenly everybody with two computers next to each other had a data center (usually in a closet somewhere, if you were lucky it was locked).
The future of the economy is everyone owning 4 data centers
Earlier quoted context omitted.
We need a concentration of money in order to make progress. But yes, we should also make sure that everybody can benefit from it.
> We need a concentration of money in order to make progress. ...in the concentration of money. "The handful of benevolent god-kings will be nice to people" is not a model for a decent future.
> I am also deeply concerned about the “speculative” data center market. The “build it and they will come”strategy is a trap. If you are a hyperscaler, you will own your own data centers. Is this actually true? I thought that hyperscalers keep datacenters at arm's length, using subsidiaries and outsourcing a lot of things.
Many of the crazy things we see happening today come from the same root problem: the wealth of humanity has increasingly been funneled into the hands of a few. These may be mostly companies rather than individuals, but they are a proxy for a relatively small few people. This glut of finances leaves those few with a problem: what to do with it? And since accumulation of wealth is the ultimate goal , FOMO encourages in…
You need legislation that forces the Banks to lend money for Asset CREATION not Asset ACCUMULATION. Or at least TAX asset consumption heavily.