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SpinVox "Recognition" Is Often Expensive Human Transcription
An anonymous reader writes "SpinVox offers to convert voice messages to text using a system called D2 or 'the Brain.' According to BBC News, said 'Brain' is often of the old-fashioned kind: SpinVox is sending private voice messages to South Africa, the Philippines, and maybe Egypt to be typed by people in a call centre, despite being registered as keeping all private data inside Europe and claiming that the text is somehow anonymised. Insiders say they transcribed 'love messages, secret messages' and everything else from beginning to end, and the company is being bled dry by the cost: SpinVox has been locked out of one of their data centers over a payment dispute. SpinVox refuses to comment further on details — but according to their web page, they're 'enabling the Speech 3.0, Voice 3.0, and Business 3.0 markets,' whatever that means."
Deregulating everything would have worked great if the damn liberals hadn't snuck in all those new regulations. That's what the real problem is. Without the socialist/communist liberals a pinch of free market pixie dust is all it ever takes to overcome the greatest of obstacles. Of course, that pixie dust doesn't work when covered in a plastic condom of "checks" and "safe-guards"
False. Boom-bust continued after the WW2. We still have not hit some of the lows, that we've seen in the second half of the 20th century. For example, these days, the unemployment rate is yet to hit the 1982 levels of 10.8%...
The current bubble came not from lack of regulation, but from inflated real-estate prices. That inflation is a direct consequence of government regulation — forcing the Fannie Mae and Freddie Mac to buy lower-quality mortgages (all in the name of "helping the poor", of course).
The people, who weren't previously qualified for a mortgages, suddenly could get one, increasing demand for houses. This pushed up the prices for all real estate and the rest is better known... As usual, government's meddling in the free market proved damaging. Highly so this time.
That Obama-supporting news media managed to hang this around McCain's neck last year is a phenomenal show of mind-manipulation...
Wrong again... I must wonder, if your historical revisionism is part of a troll... Only the 28 years from 1945 to 1973 are considered booming. By the end of 60ies we were going off of the Gold Standard (dollar become fiat money) and, sure enough, inflation ensued in the 1970ies.
The regulation, that you lament so much, made our markets more efficient. Unfortunately, the government's meddling in the mortgage-rules has set this wonderfully efficient market in the wrong direction... Think of it this way — would you blame the car-maker for giving you a faster engine, if your car hits a log on the highway? Sure enough, if you were still riding a buggy, you would've stopped before the log and avoided the accident...
In Soviet Washington the swamp drains you.