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FTC announces rule banning noncompetes

ftc.gov

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Re: FTC announces rule banning noncompetes

#471
post #432

Earlier quoted context omitted.

He rejected $30,000,000. Jury awarded 1/6 after litigation. Ford payed double to get rid of this nuisance. $30 million in 1990 was fuck you money. It’s still enough to comfortably retire on for a high school aged person.

Inflation begs to differ. That much money left liquid for 60 years at 10% inflation will be worth less than 100k of today’s money. Edit: sorry about the non sequitur. Bitterly learning about inflation and fiat recently.

I don't know when exactly it happened but you can be 100% sure anyone complaining about fiat currency has no idea what fiat currency actually is, has something to sell you, and if you don't get out soon enough you'll be standing there listening to them misunderstand Nixon at you.

Re: FTC announces rule banning noncompetes

#472

Earlier quoted context omitted.

Definitely agree — software patents should be abolished, full stop. They serve no purpose but to impede innovation and progress. I’d argue the same applies to all patents; the world would be better off without them in general.

There are no software patents. https://www.uspto.gov/sites/default/files/documents/RT2%206-...

I mean look at slides 8 and 9.

    There is no such thing as a software patent.
    There is no such thing as a rubber patent.
    There is no such thing as a steel patent.
    There is no such thing as an electricity patent

    There is only ... a patent.
OK fine, but there are patents covering applications of rubber, steel, electricity, and software.

So either you think "well it's not a software patent, it's a patent that covers the application of some software" is a useful point to make, or you're being pedantic for pedantry's sake. To the former, I don't think that makes a difference to someone being sued by a patent troll.

Re: FTC announces rule banning noncompetes

#473

Earlier quoted context omitted.

That fewer patents are filed is not evidence that fewer innovations are taking place. Absence of evidence is not evidence of absence.

That fewer patents are filed is not an absence of evidence. It's evidence that fewer patents are being filed. If one believes patent filings are correlated with innovation (which is debatable either way), then it is (non-probative but still significant) evidence that fewer innovations are taking place.

> If one believes patent filings are correlated with innovation

This is exactly the claim I'm taking issue with. The OP implied that the legal definition of innovation was "patents filed" and implied that this is somehow meaningful, and I'm saying that the absence of patents is not evidence of a lack of innovation.

Re: FTC announces rule banning noncompetes

#474

Earlier quoted context omitted.

Yes. > The vote on the final rule, which fell along party lines, with three Democratic commissioners voting in favor and the agency’s two Republicans voting against https://www.forbes.com/sites/mariagraciasantillanalinares/20...

What about elected officials?

Is this some kind of weird attempt to ask me to teach you how to do research? You've got the whole Internet in front of you, same as me. Go do your own research and come back when you have a point to make.

Re: FTC announces rule banning noncompetes

#475

Earlier quoted context omitted.

There’s not much in software that other people can’t figure out on their own though. Not too much social benefit in sharing.

Aren't the details of algorithms usually secret? E.g. my understanding is that the primary value that Tik Tok brings to the table is their recommendation algorithm.

The primary value of any social network is the network effect

Re: FTC announces rule banning noncompetes

#476

Earlier quoted context omitted.

Very simplistic view. A worker at $15/hour isn’t as productive as someone who also makes $15/hour - that happens every day at all levels of the labor industry. There is a net economic loss - externalities imposed on society - to people working at jobs where their basic needs aren’t being met. That comes in the cost of mental and physical health issues of the worker as well as their family through their inability to p…

Ah, so better to have them be unemployed?

What point is there pretending that the giant debate about minimum wage doesn't exist? These points have been argued to death. It is not like everybody hasn't thought of "with a minimum wage people whose labor is worth If a person working can't afford basic expenses they're slightly better off than not working, locally, but at a policy level neither outcome is acceptable---and part of the solution is to ensure that there is a floor because, surprise, employers will pay powerless people less if they are allowed to do so. It is a tradeoff between "making some jobs uneconomical" versus "putting a floor on people's ability to be exploited", and the obvious next step of logic is to look for, given that that floor is in place, what other parts of the economy will transform around it? Well: some jobs are removed (bad maybe) but other jobs will pay more than they would (good maybe), plus some prices for things will go up (bad) but they go up in a way that allows people to make non-exploitative wages (good), which means that the much richer and greater-agency employers may have to share more profits with labor (good) which means that some business ventures might not be profitable anymore (maybe bad) but then they'll have to innovate to find more profitable ones (good)...

etc.

Pretending like there is one argument and ignoring the rest of the picture is ignorant and a waste of everyone's time.

Re: FTC announces rule banning noncompetes

#477
post #425

Earlier quoted context omitted.

I'm sure they'll have no trouble digging up some Founding Father who said something that sounds like banning this, if you squint right. When this country was founded, a lot of its residents were slaves, so I'm sure Thomas and Alito will find plenty of fodder in that for their "originalist" stance denying workers rights.

I'm pretty sure the constitution was not written for slaves and no "originalist" stance would consider them. This is a silly "gotcha" that you just made up so you can get mad.

The 3/5th clause has been used by prior SCOTUSs to justify decisions, so it is not a gotcha. It's history...

On that note, Alito and Thomas had to use a pre-U.S. colonial law as their grounds to overturn Roe, so there is no limit to how far they will go to use "orignalism" to further their ideology.

Re: FTC announces rule banning noncompetes

#478

Earlier quoted context omitted.

These are pretty strange arguments. Why should an overworked USPTO lead to more patents? That assumes that the default is to grant the patent. If the default is to reject the patent, then an overworked office would not lead to more patents. An overworked Supreme Court does not lead to more Supreme Court decisions.

> Why should an overworked USPTO lead to more patents? That assumes that the default is to grant the patent. If the default is to reject the patent, then an overworked office would not lead to more patents. Former USPTO patent examiner here. I'll answer why an overworked USPTO will lead to more patents at present , but I make no claims that it should be this way. The effective default is to grant patents. Why? Becaus…

> Former USPTO patent examiner here.

Interesting. Did you enjoy it? Why did you stop?

Re: FTC announces rule banning noncompetes

#479
post #469

Earlier quoted context omitted.

We live in a representative democracy where the powers of the government are constrained by constitutional law to be specific and enumerated, and aside from common-law precedent derive from a mandate by the people. Yet it is increasingly the case that the actual rules which citizens and corporations are required to follow are being set not by elected representatives but by unelected bureaucrats of government agencies…

You say some things that make sense to me, but then you use the phrase “waging war”… > FDA, for example, which is currently waging war on ADHD patients via the artificial Adderall shortage Why do you choose this loaded language? This does not build credibility in my eyes. War means something, and it not that.

Sorry for the typo. I meant "War means something, and it is not that". By "that" I mean the above claim that what the FDA is doing (or not doing) is some kind of war.

I don't mean to split hairs nor imply that I alone get to decide what words mean. But I do have good reasons to suggest that words matter and that we should pay attention to them.

I am saying that rational people seeking truth strive not to use phrases "waging war" in a spirit of rationally discussing an issue. The way it is used above doesn't shine light on the core issue. The phrase invites tribalism and gut reactions rather than reason.

At the very least, such a phrase (1) presumes intention; and (2) assigns blame. These are two additional claims beyond the claim of harm to people with ADHD. I think one can make a decent argument about how agencies with too much authority can cause harm without invoking the war metaphor. Invoking that metaphor makes it harder to discuss the issues that seems to be driving this (interesting) discussion. I would frame that issue broadly as: (A) To what degree do agencies have legal and rational authority to clarify ambiguous laws? (B) Given what we know about human nature and organizations, what are some possible downstream outcomes?

Again, I'm making the case that a sentence like "But people have different opinions", when offered in the sense of e.g. "and that's all we can really say about that" is a disservice to understanding. As I see it, we have much necessary work to do that has nothing to do with pointing to differences of opinion. I think we need more substantive truth-seeking. If we engage in that fully, yes, differences of opinion will remain, but they will likely be applied to more nuanced aspects of the issue. This would be a good thing. It would help us talk in clearer ways.

I hope you can see that I am not dismissing rational claims of harm. I am instead expressing concern about the rhetoric used.

If you find yourself disagreeing with me, it might help to know that (i) I generally push back against moral relativism. Also (ii) I don't assign moral worth to mere opinions. I assign moral worth to people and their well-being, not merely to any and all electrochemical fluctuations that we call thoughts and beliefs. To summarize, I respect the ability of people to have opinions, but I don't give those opinions some kind of fundamental moral weight.

Why? Many such opinions are unconnected with reality. Sometimes, they don't even make sense _for them_; i.e. for their own self-interest! Moreover, enlightened people who pay attention to their own thoughts can notice this -- it is not something I have to impose on them.

Re: FTC announces rule banning noncompetes

#480
The ban of non-competes is Silicon Valley’s not so secret advantage. Its literally part of its origin story with the Fair Children companies like Intel.

The next few years will be interesting. We’ll see if any other metro outside of California will offer it real competition now that the ban on non-competes is national.

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