Honestly, given the fiscal disarray some states like Illinois are in, even taxing the rich isn't going to magically fix the financial problems. Taxes are going to have to be raised for everyone, and especially as some traditional taxes like cable (cord cutters) or fuel (increase in electric vehicles, fuel efficient cars) begin dropping off, states need to find new sources of revenue. If states want to do this properly though, they should just raise taxes on ISP's both fixed and wireless. Tacking a tax on top of services feels both like a double dip and may be difficult to enforce especially if the services are based overseas where states don't have any leverage to force them to collect the tax.
California has earthquakes, but Seattle has earthquakes PLUS volcanoes. Seattle is in the Cascadia Subduction Zone, which makes the San Andreas fault look weak and puny. So yeah, your chance of dying in a natural disaster just quintupled by moving from Palo Alto to Seattle.
Still better than living in the pit of snakes that is the Washington DC Metropolitan Area.
Here's a different take on the question: cash stockpiles can be vulnerable if your government decides to reissue currency or eliminate certain bills. The recent Indian currency crisis is the most recent example: the Modi government came in and banned the 500 and 1,000 rupee notes and placed strict controls on the amount you could covert to smaller denominations. A lot of people lost huge amounts of savings overnight as the money they had been stockpiling (sometimes good for things like weddings, sometimes more illicit like criminal activities or bribery) suddenly became worthless. More details here.
Verizon has issued a press release saying that excluding authorized Verizon and Nice employees, the only person to access the files was the researcher who identified the leak.
As a media outlet recently reported, an employee of one of our vendors put information into a cloud storage area and incorrectly set the storage to allow external access. We have been able to confirm that the only access to the cloud storage area by a person other than Verizon or its vendor was a researcher who brought this issue to our attention. In other words, there has been no loss or theft of Verizon or Verizon customer information.
ThyssenKrupp is the third largest elevator company on the planet. In the United States alone, they have over 30% market share and built the elevators for top landmarks including One World Trade Center and the Saint Louis Arch (they even have the Arch on their logo). The way the article is written, it sounds like a start-up, not one of the global elevator leaders. It's an important distinction as it adds a lot of credibility to the technology and the claims.
TechCrunch published a fantastic essay a few years back explaining the very complex, interlocking set of political interests and problems that have caused Bay Area housing costs to explode. Surge in high paying tech jobs, extreme NIMBY by neighborhood councils, California legislation, owls, and well meaning activists have led to the complete cluster that the SF housing market is today. Construction costs have never been a significant issue. I also feel like Google's plans are going to be disrupted by these same factors once the vested powers figure out what's going on.
Traditional auto makers have already recognized they can't fill the gap organically and have made big inorganic bets to position themselves. GM is a great example with investments in Lyft and Cruise Automation just to name a few. Most of the other major automakers are also placing similar bets at at an accelerating pace.
There is a duopoly, but it's really between Apple and Alphabet on dueling ecosystems (iOS vs. Android). Honestly, Samsung's position can easily be toppled, but Android and iOS are here to stay for now.
While theoretically this might be a valuable way to help raise funds to support impacted low income workers, I'm skeptical that the funds raised, especially if successful, will actually go to help them. More likely than not, if San Francisco goes through with it, they'll just take the money to shore up the general tax base, enrich civil workers, or maybe a bit of pork for donors and the elite. Perhaps they'll say the money went to help an existing training center with a token set of new training manuals or something before the rest of the money is funneled to other pet projects. Then they'll go back and say they need a new tax to raise new funds. So unless they tie the launching of a specific new recurring initiative with the tax, it just feels like a money grab by the city government.
Russian jets are cheaper because Russian labor is much cheaper. Also, are you comparing comparable models? An A320Neo or B737MAX is a very different animal from a Sukhoi Superjet 100 (regional jet versus larger single aisle).
The irony of all being that Silicon Valley innovations, making phones and tablets just that much more addictive, are one of the big drivers in the poor quality of sleep these days.
There is a larger Sino-Korean political conflict right now that adds a lot of context to this judgment. The PRC government is angry at South Korea for permitting the deployment of an American THAAD missile defense system on the peninsula. The South Koreans allowed it because of the continuing missile launches by the North, but China views it as another step in American encirclement of China. In retaliation, the PRC has waged an economic attack on South Korea to punish them: banning Chinese tour groups from visiting Korea, suddenly shutting down Korean retailers and other businesses in China on administrative grounds, banning of South Korean imports, and a general harassment of Korean economic interests across the board. This could easily be just another salvo in this spat.
The irony of this hamfisted approach by the Chinese is that its actually galvanized Korean political sentiment against them. Whereas before, there was a robust debate on whether or not to deploy THAAD, with the anti-THAAD faction ascendant following the fall of the Korean president, the economic retaliation has temporarily shut down that debate. In polls, China has even passed Japan as the most hated country by South Koreans after North Korea due to this kerfuffle. If you know anything about the love-hate relationship between South Korea and Japan, this is a BIG deal.
Sure, give away the cameras for free. The real value is in locking them into the Axon data storage infrastructure. Once police departments get used to storing data in Axon's cloud, it's going to be too much trouble to try and change the system.
Even if the total job count isn't shrinking any further, we're seeing a bifurcation of manufacturing labor into a small cadre highly skilled, highly paid specialists and a pool of low wage positions that only exist because it is not yet cost effective to automate their positions. Great if you're one of the new factory elite but sucks if you're the middle aged blue collar worker no longer relevant in the modern manufacturing landscape.
Perhaps the right cure, but not for the reasons you state. If your goal is to penalize American companies who use robots versus human labor, then you're simply going to make those companies less competitive globally, and they will lose to Chinese, Japanese and German firms that are much more highly automated. Instead, you tax all companies that do business in the United States and use the money to provide a basic income or safety net so they can ride out the transition, knowing full well that many may not be able to adapt to the new economy. Much like the great industrial revolution: the home craftsmen and farmers who lost their jobs, their children were able to adapt to the new economy, but they were not. Best thing you can do is make sure they're taken care of.
We traded our privacy and personal information for "free" content. In the early days of the web, we wanted Social Media, but we didn't want to pay a subscription for it. We said we were okay with advertising, even targeted advertising, to pay for their services. We wanted a web of free content and told them to figure out how to make money on it. So they grasped at the one thing they could find, our identities as consumers, and it was so lucrative, it re-shaped the way the web operates.
vOn Google Hangouts chats or iMessage you can exchange quotes, links, stories, media," he said. "That's a delightful, engaging media experience..."
Or a great way to create a media echo chamber. You know, kind of like my aunt Facebook.
The next phase of media is going to come out of the idea of authentic, chill conversation about things that matter.
Maybe its just me, but the only time I've ever had "authentic, chill conversation" on hot button items are when you have personal links to an individual to know that they are human even if you disagree with them on politics. Even then, that backstop might not be sufficient. There is no alternate vision laid out here for how the Internet can be great again. Instead, this sounds like just empty hope that the current situation is merely a temporary byproduct of a weird political time and that everything will just magically go back to normal.
I think this article is quite good because it points out both the difficulty in addressing income inequality as well as reminding people that the 1950s - 1970s was a historical anomaly for the Western world created by unusual circumstances.
What I read also reminded me of what I've seen and heard about Korea during the 1940s and 1950s. Prior to the 20th century, Korea had a highly entrenched class system made up of landed aristocracy. That system was literally dismantled and blown up by the combination exploitation under Japanese occupation, the civil war, and Communist takeover in the north. When you got to the 1950s, you had an unusually flat society in South Korea with many former landed elites scraping by after their wealth was destroyed. Yet as the country rebuilt, wealth became reconcentrated in the hands of a new group of industrialists who were able to ride the economic growth. Now, its heavily re-entrenched in Korea, albeit with new elites.
You saw a similar sort of flattening and re-stratification among Korean immigrants to the United States as well. During the post-war wave, people from both traditional educated gentry and the poorest of the poor fled the country and lived together in an initially relatively narrow wealth band. Yet as people rose to success, whether through business savvy or education, the immigrant community has begun to diverge again between new money business elites and white collar professionals on one end and poor small business owners and laborers on the other. While you still see some mobility between the two, its clear that the children of the former have a lot of advantages over the children of the latter, and I believe in another generation or two, you'll see that stratification harden.
Would this make any serious impact though? Vast majority of cyber attacks aren't the life-and-death ones like bringing down the power grid. They are the more gray areas, espionage and theft, that nation-states may not be as quick to sign up for. If anything, many nations, including Western ones, view economic espionage as a civic duty in a global economic zero sum game. Why would they sign up for that? In addition, you nation-states already tend to use "non-state" actors to give them plausible deniability. Oh those hackers who hit your grid - just some vagrant teenagers.
Slashdot Mirror
Honestly, given the fiscal disarray some states like Illinois are in, even taxing the rich isn't going to magically fix the financial problems. Taxes are going to have to be raised for everyone, and especially as some traditional taxes like cable (cord cutters) or fuel (increase in electric vehicles, fuel efficient cars) begin dropping off, states need to find new sources of revenue. If states want to do this properly though, they should just raise taxes on ISP's both fixed and wireless. Tacking a tax on top of services feels both like a double dip and may be difficult to enforce especially if the services are based overseas where states don't have any leverage to force them to collect the tax.
California has earthquakes, but Seattle has earthquakes PLUS volcanoes. Seattle is in the Cascadia Subduction Zone, which makes the San Andreas fault look weak and puny. So yeah, your chance of dying in a natural disaster just quintupled by moving from Palo Alto to Seattle.
Still better than living in the pit of snakes that is the Washington DC Metropolitan Area.
Approval needed from: Federal DOT; 6 states; 17 counties; numerous cities; hundreds of elected officials. Definitely happening rapidly. @yfreemark
Here's a different take on the question: cash stockpiles can be vulnerable if your government decides to reissue currency or eliminate certain bills. The recent Indian currency crisis is the most recent example: the Modi government came in and banned the 500 and 1,000 rupee notes and placed strict controls on the amount you could covert to smaller denominations. A lot of people lost huge amounts of savings overnight as the money they had been stockpiling (sometimes good for things like weddings, sometimes more illicit like criminal activities or bribery) suddenly became worthless. More details here.
Press release here.
As a media outlet recently reported, an employee of one of our vendors put information into a cloud storage area and incorrectly set the storage to allow external access. We have been able to confirm that the only access to the cloud storage area by a person other than Verizon or its vendor was a researcher who brought this issue to our attention. In other words, there has been no loss or theft of Verizon or Verizon customer information.
Correction, they didn't build the Arch Tram. Got it confused with something else. Stand by One World Trade Center though.
ThyssenKrupp is the third largest elevator company on the planet. In the United States alone, they have over 30% market share and built the elevators for top landmarks including One World Trade Center and the Saint Louis Arch (they even have the Arch on their logo). The way the article is written, it sounds like a start-up, not one of the global elevator leaders. It's an important distinction as it adds a lot of credibility to the technology and the claims.
Yep, to bring people closer together, so we can see up close just how much we hate each other. :P
TechCrunch published a fantastic essay a few years back explaining the very complex, interlocking set of political interests and problems that have caused Bay Area housing costs to explode. Surge in high paying tech jobs, extreme NIMBY by neighborhood councils, California legislation, owls, and well meaning activists have led to the complete cluster that the SF housing market is today. Construction costs have never been a significant issue. I also feel like Google's plans are going to be disrupted by these same factors once the vested powers figure out what's going on.
Traditional auto makers have already recognized they can't fill the gap organically and have made big inorganic bets to position themselves. GM is a great example with investments in Lyft and Cruise Automation just to name a few. Most of the other major automakers are also placing similar bets at at an accelerating pace.
There is a duopoly, but it's really between Apple and Alphabet on dueling ecosystems (iOS vs. Android). Honestly, Samsung's position can easily be toppled, but Android and iOS are here to stay for now.
And in other news, the number of teenage runaways appears to have quadrupled over the last year. Details at 11.
While theoretically this might be a valuable way to help raise funds to support impacted low income workers, I'm skeptical that the funds raised, especially if successful, will actually go to help them. More likely than not, if San Francisco goes through with it, they'll just take the money to shore up the general tax base, enrich civil workers, or maybe a bit of pork for donors and the elite. Perhaps they'll say the money went to help an existing training center with a token set of new training manuals or something before the rest of the money is funneled to other pet projects. Then they'll go back and say they need a new tax to raise new funds. So unless they tie the launching of a specific new recurring initiative with the tax, it just feels like a money grab by the city government.
Russian jets are cheaper because Russian labor is much cheaper. Also, are you comparing comparable models? An A320Neo or B737MAX is a very different animal from a Sukhoi Superjet 100 (regional jet versus larger single aisle).
The irony of all being that Silicon Valley innovations, making phones and tablets just that much more addictive, are one of the big drivers in the poor quality of sleep these days.
There is a larger Sino-Korean political conflict right now that adds a lot of context to this judgment. The PRC government is angry at South Korea for permitting the deployment of an American THAAD missile defense system on the peninsula. The South Koreans allowed it because of the continuing missile launches by the North, but China views it as another step in American encirclement of China. In retaliation, the PRC has waged an economic attack on South Korea to punish them: banning Chinese tour groups from visiting Korea, suddenly shutting down Korean retailers and other businesses in China on administrative grounds, banning of South Korean imports, and a general harassment of Korean economic interests across the board. This could easily be just another salvo in this spat.
The irony of this hamfisted approach by the Chinese is that its actually galvanized Korean political sentiment against them. Whereas before, there was a robust debate on whether or not to deploy THAAD, with the anti-THAAD faction ascendant following the fall of the Korean president, the economic retaliation has temporarily shut down that debate. In polls, China has even passed Japan as the most hated country by South Koreans after North Korea due to this kerfuffle. If you know anything about the love-hate relationship between South Korea and Japan, this is a BIG deal.
Sure, give away the cameras for free. The real value is in locking them into the Axon data storage infrastructure. Once police departments get used to storing data in Axon's cloud, it's going to be too much trouble to try and change the system.
Even if the total job count isn't shrinking any further, we're seeing a bifurcation of manufacturing labor into a small cadre highly skilled, highly paid specialists and a pool of low wage positions that only exist because it is not yet cost effective to automate their positions. Great if you're one of the new factory elite but sucks if you're the middle aged blue collar worker no longer relevant in the modern manufacturing landscape.
Perhaps the right cure, but not for the reasons you state. If your goal is to penalize American companies who use robots versus human labor, then you're simply going to make those companies less competitive globally, and they will lose to Chinese, Japanese and German firms that are much more highly automated. Instead, you tax all companies that do business in the United States and use the money to provide a basic income or safety net so they can ride out the transition, knowing full well that many may not be able to adapt to the new economy. Much like the great industrial revolution: the home craftsmen and farmers who lost their jobs, their children were able to adapt to the new economy, but they were not. Best thing you can do is make sure they're taken care of.
We traded our privacy and personal information for "free" content. In the early days of the web, we wanted Social Media, but we didn't want to pay a subscription for it. We said we were okay with advertising, even targeted advertising, to pay for their services. We wanted a web of free content and told them to figure out how to make money on it. So they grasped at the one thing they could find, our identities as consumers, and it was so lucrative, it re-shaped the way the web operates.
vOn Google Hangouts chats or iMessage you can exchange quotes, links, stories, media," he said. "That's a delightful, engaging media experience..."
Or a great way to create a media echo chamber. You know, kind of like my aunt Facebook.
The next phase of media is going to come out of the idea of authentic, chill conversation about things that matter.
Maybe its just me, but the only time I've ever had "authentic, chill conversation" on hot button items are when you have personal links to an individual to know that they are human even if you disagree with them on politics. Even then, that backstop might not be sufficient. There is no alternate vision laid out here for how the Internet can be great again. Instead, this sounds like just empty hope that the current situation is merely a temporary byproduct of a weird political time and that everything will just magically go back to normal.
I think this article is quite good because it points out both the difficulty in addressing income inequality as well as reminding people that the 1950s - 1970s was a historical anomaly for the Western world created by unusual circumstances.
What I read also reminded me of what I've seen and heard about Korea during the 1940s and 1950s. Prior to the 20th century, Korea had a highly entrenched class system made up of landed aristocracy. That system was literally dismantled and blown up by the combination exploitation under Japanese occupation, the civil war, and Communist takeover in the north. When you got to the 1950s, you had an unusually flat society in South Korea with many former landed elites scraping by after their wealth was destroyed. Yet as the country rebuilt, wealth became reconcentrated in the hands of a new group of industrialists who were able to ride the economic growth. Now, its heavily re-entrenched in Korea, albeit with new elites.
You saw a similar sort of flattening and re-stratification among Korean immigrants to the United States as well. During the post-war wave, people from both traditional educated gentry and the poorest of the poor fled the country and lived together in an initially relatively narrow wealth band. Yet as people rose to success, whether through business savvy or education, the immigrant community has begun to diverge again between new money business elites and white collar professionals on one end and poor small business owners and laborers on the other. While you still see some mobility between the two, its clear that the children of the former have a lot of advantages over the children of the latter, and I believe in another generation or two, you'll see that stratification harden.
Cue Trump-Bannon related conspiracy theory in three, two, one...
Would this make any serious impact though? Vast majority of cyber attacks aren't the life-and-death ones like bringing down the power grid. They are the more gray areas, espionage and theft, that nation-states may not be as quick to sign up for. If anything, many nations, including Western ones, view economic espionage as a civic duty in a global economic zero sum game. Why would they sign up for that? In addition, you nation-states already tend to use "non-state" actors to give them plausible deniability. Oh those hackers who hit your grid - just some vagrant teenagers.
They may not necessarily care what their subordinates say to others, but they do care if they are lied to in a way that creates a scandal.