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User: Bruce66423

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  1. There's a labour shortage. Yes really... on Futurist Predicts AI Will Take Jobs, Benefiting the Rich But Not Workers (venturebeat.com) · · Score: 1

    This rant at the Economist argues that most of the West is facing a labour shortage. Then we hear this. Someone's going to end up with egg on their face... https://www.economist.com/fina...

  2. Your understanding of England is flawed on Futurist Predicts AI Will Take Jobs, Benefiting the Rich But Not Workers (venturebeat.com) · · Score: 1

    We have the people to fill the logistic jobs because we are importing them from elsewhere in Europe. We're doing the logistics thing because on the whole our unions are weaker. OTOH it's remarkable how often my Amazon packages come from elsewhere in Europe, so I'm not sure your perception is valid at all.

  3. Profits justify investment on Futurist Predicts AI Will Take Jobs, Benefiting the Rich But Not Workers (venturebeat.com) · · Score: 1

    If people are going to give their savings to companies to invest (i.e. buy stock in) they will expect a return on their money. Companies will only spend money on a project if it is going to produce a return on that investment. Because sometimes companies win big as a result of the risk they take, they are encouraged to take risks that benefit all of us. The alternative is state capitalism where only the state is allowed to invest - and does so badly because it's risking the taxpayers' money. So don't knock profits per se - but do ensure that there's plenty of competition.

  4. Official Brtish criticism should be the big news on Huawei Tops $100 Billion Revenue For First Time Despite Political Headwinds (cnbc.com) · · Score: 3, Informative

    Having been given access to their source code, the British judgement seems to be that it is truly and irredemably awful and so should be rejected for 5G for THAT reason rather than alleged Chinese government issues. Of course this may explain why their finance director was carrying Apple equipment when arrested in Vancouver...

  5. OK - you're not old enough
    Neither am I!

    But that was when a 'liberal market democracy' fell into a deep hole. The hows and whys of how that happened and what got the country out of it are disputed. But it's a reminder that it can happen. And the crash of 2008 wasn't worse than it was because of 'socialist' actions by governments.

  6. Profits aka viability on Renewable Energy Reduces the Highest Electric Rates In the Nation (phys.org) · · Score: 1

    It's not about 'preserving profits', it's about ensuring that there's money to keep the service alive at all. If we reduce the demand for baseload provision to the point where it's no longer rational for companies to provide it, there will be times when the electricity supply fails. Yes, for a period it will be profitable for existing power stations to carry on rather than close, but they will wear out and not be replaced. Perhaps forms of storage will save us - but it's not inevitable.

  7. The sunk cost of the network is going to HURT on Renewable Energy Reduces the Highest Electric Rates In the Nation (phys.org) · · Score: 1, Interesting

    The problem with the present developments is that the network infrastructure and baseline power sources have to remain in place to provide electricity when the sun isn't shining etc. There's going to be a lot of bankruptcies out there.

  8. Re: The end to bankruns on USA Today Tech Columnist: Millennials Will Live To See a Cashless World (usatoday.com) · · Score: 1

    Yes and now. Whilst it would end the bankruns of popular memory, the 2008 crisis saw more subtle versions where banks were refused access to the interbank market with equally disastrous consequences.

  9. Should be what it was worth when first published on Spotify, Google, Pandora, Amazon Go To US Appeals Court To Overturn Royalty Increase (variety.com) · · Score: 1

    If I work for an employer, I get what they have agreed to pay me. Therefore if I write a song, my income from it should be what was the going rate at the time I wrote it - adjusted for inflation of course. This of course should apply to copyright periods: what they were when the product was published.

  10. Awww - a believer that governments are wise... on Philadelphia Bans Cashless Stores (arstechnica.com) · · Score: 1

    "More income for the city and state to spend on US citizens."

    Yes - but WHICH US citizens? You mean you seriously believe that a lot of money isn't redirected in corrupt contracts?

  11. Contactless however... on Philadelphia Bans Cashless Stores (arstechnica.com) · · Score: 1

    Which is now standard in Europe even on buses let alone shops, merely requires you to wave your card close enough to the reader, and with no entry of a code. Valid for sales up to £30, it's WAY faster than cash.

  12. People operate on automatic on Philadelphia Bans Cashless Stores (arstechnica.com) · · Score: 1

    The guy was so surprised at something new like that he panicked. Remember, most people are really not bright, especially not compared with geeks... be nice to them or they'll beat us up!

  13. So where do new medicines come from? on Goldman Sachs Asks: 'Is Curing Patients a Sustainable Business Model?' (cnbc.com) · · Score: 1

    Whilst that sounds impressive in theory, in reality somebody has to pay for the research that leads to new drugs. Unless the taxpayer is willing to fund this - and that will mean a significant tax hike - your morality will end up killing people. And even if the taxpayer does fund it, how does that relate to other countries' health care system. If Australia develops a drug, does it have to allow everyone to prescribe it? If so, how do you stop freeloading by countries unwilling to do research? NATO has this problem in defence...

  14. Private SUPPLIERS on Goldman Sachs Asks: 'Is Curing Patients a Sustainable Business Model?' (cnbc.com) · · Score: 1

    The UK's NHS operates a mixed market. Primary care physicians are actually independent contracts, paid a fixed amount per patient on their books. Most hospital services are provided by government owned services, but not all, However the core point - that it's ultimately paid for by taxes - apart from a few people who choose to go privately or have private insurance - is correct.

  15. Sounds like the UK's NHS on Goldman Sachs Asks: 'Is Curing Patients a Sustainable Business Model?' (cnbc.com) · · Score: 1

    Primary care physicians - General Practitioners - are paid an annual fee for each patient they have on their books. They are free to refer them to specialists at hospitals or elsewhere. The taxpayer pays for all health care.

    There are, of course, many problems. One is that people over consume health care to the point where it's rationed by waiting times. Which is probably better than by ability to pay except that you can still buy additional coverage.

    The second is that some GPs have realised that because young adults make little demand on the service, providing a service focused on these consumers generates higher income for less work. Tweakable by the rules changing to reflect useage levels, but the point is significant.

  16. Re:You're confusing 'prophet' and 'teacher' on Huge Study Finds Professors' Attitudes Affect Students' Grades (arstechnica.com) · · Score: 1

    Acts 17 records Agabus as a prophet. 1 Cor 12, 2 Peter 2 and Eph 4 all clearly separate the two ministries. It is the role of the evangelist - yet another ministry - to lead people to the path.

    We need churches where all these ministries are active and healthy; the alternative - too often seen in churches led by a single person - is that only that person's ministry is well developed in the life of the church, and much else fails to happen. That's not the route to a healthy church.

  17. Institionalised learning dates back to Babylon on Huge Study Finds Professors' Attitudes Affect Students' Grades (arstechnica.com) · · Score: 1

    So you're making the usual American mistake of forgetting anything OLD OLD. Greece and Rome had academies of learning, and the kids of the upper classes went to school etc etc.

  18. You're confusing 'prophet' and 'teacher' on Huge Study Finds Professors' Attitudes Affect Students' Grades (arstechnica.com) · · Score: 1

    Which the NT clearly separate.

  19. More money for EU taxpayers on Even Years Later, Twitter Doesn't Delete Your Direct Messages (techcrunch.com) · · Score: 4, Insightful

    Sounds like a blatant GPDR violation that can attract BIG fines.

  20. 'Dead man's handles' on Online Videos Shame Two Sleeping Tesla Drivers (jalopnik.com) · · Score: 1

    In the early days of electric and diesel trains, the drivers had a propensity to doze off. To avoid this they had to keep pressure on a handle to keep the brakes from being applied. In more recent years this feature appears to have faded from trains, but might be worth considering for cars. The other solution offered in trains is a system that triggers an alarm every couple of minutes which must be manually switched off or, again, the brakes will be applied. Again some variation for cars might be possible.

    Perversely of course train driving could easily be full automated today, at least for good trains, given that signal data is fed directly to the cab.

  21. Auto driving will save lives on Online Videos Shame Two Sleeping Tesla Drivers (jalopnik.com) · · Score: 5, Insightful

    Better that than dozing off without autopilot.

    This is the fact that the populist human first sceptics should admit to. Given that, these sorts of stories aren't a problem; as the quote admits, the car was driving safely.

  22. The only way that cyber security will be taken seriously is when failures result in serious damage to the profits of companies. Until then the temptation to do the minimum you can will remain far too great. Interestingly this is one of the advantages of having privitised utilities; you can burn them with fines without hurting the general public when they break the rules - a fact which the investors in the California utility should be about to find out unless the corrupt politicians of Sacramento shield their campaign contributor again. https://www.nytimes.com/2019/0...

  23. If you're going to be eccentric on Meet the Man Behind a Third of What's On Wikipedia (cbsnews.com) · · Score: 3, Insightful

    This seems a great thing to be!

  24. Personal responsibility is tricky on Millions of Bank Loan and Mortgage Documents Have Leaked Online (techcrunch.com) · · Score: 2

    It's a nice idea: the CIO of a bank spends time in jail because their bank's data leaks. The problem is that it's not ultimately fair; are you suggesting he spends all his time checking the databases personally? If not, then someone needs to be given that responsibility, but if it becomes their responsibility, they may not want the job...

    This is why it's probably best to aim at LARGE fines for this sort of violation - starting at 1% of annual turnover for the first offence (multiplying rapidly if a refusal to address concerns is discovered), with the ability to insure against the fine if you employ suitably qualified contractors to do spot checks / audits etc; it becomes in the insurer's interest to get it right.

    Overall the problem is that modern technology makes data leaks infinitely easier than when everything was on paper in filing cabinets. We need to face this, and data holders need to get it right.