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Joined 3 years ago
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Cake day: June 30th, 2023

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  • It also means that his praise for and indeed positive experience with this “tool” is largely irrelevant to the broader social/economic discourse surrounding so called AI.

    Yeah, but tbf all of the statements he’s making about it are in the context of organizing linux development and the most effective way to carry that out, and just happen to be public and so end up being widely republished and incorporated into discussions with a broader topic than that.




  • Companies want you to associate your transactions with a phone number so they have data on who is buying what. For instance if you go to Safeway it’s common that the price of ice cream will be twice as expensive if you haven’t registered a phone number with them. But you can give someone else’s phone number that has already been registered and that will also work, or register a fake number, a number lots of people would have thought of is likely to have already been registered. At least that was how it worked last time I checked, that was a long time ago.




  • Price-suppression, which includes cuts to tariffs and indirect taxes as well as price controls, can reduce inflation expectations “slightly”, the IMF authors concede. But these measures have little else to recommend them. They benefit the rich more than the poor for the simple reason that the rich buy more of the stuff the policies keep cheap. The IMF authors calculate that for every euro spent suppressing the price of electricity, gas and petrol in European countries, only 20 cents reached the poor. Price-suppression sometimes takes the form of subsidies to producers. These make downstream firms more competitive overseas, increasing their exports. The money, in other words, flows from the taxpayer to foreign customers. Even price controls, which do not require direct payments from government coffers, can impose fiscal costs in the long run. The state must often bail out utilities that cannot pass on the extra cost of their inputs.

    Makes some sense but I feel like they are leaving out options like breaking up monopolies, or subsidizing the production of things like housing that can’t be exported, or directly producing various infrastructure (trains, renewables) that reduces the need for fossil fuels.