The minimum wage for youth in Australia is $7.74 AUD for 16 year olds up to $16.00 AUD for 21 year olds. Also apprentices in Australia earn less than the $16.37 AUD wage as well.
I personally know someone who worked for a mid-sized IT firm out of Texas. They were small but growing and successful. Then Bain Capital stepped in, waived some money around and purchased the company. The day after the deal was finalized, everyone was fired and the company was liquidized - sold of bit by bit. The poor lady is now in the Mid-West working in a call center.
Seen vs. unseen...
First, if Bain Capital was called in, it is likely the company was in trouble, so she would have been laid off anyway.
Secondly, the owners of the company felt it was worth it to sell out to Bain, so they benefitted versus possibly having their investment worth nothing.
Thirdly, the company had assets, and these assets have been redeployed to more profitable use, likely employing new people who you don't know.
Micro-credits are a blasting success wherever they are granted in the interest of helping people.
Micro-credit exists where a functional banking system for the poor is regulated out of existence...it is more a symptom of an over-regulated & poor economy than a solution to one.
The problem is that there still remains too much socialism and regulation of free market activities in much of the developing world. A graph of economic freedom versus per capita GDP tells the story. Countries with lower economic freedom tend to have lower GDP per capita, correlation=0.67.
The good news is that the adoption of less socialism and more capitalism (especially in India and China) has lead to less global income inequality:
"The period between 1988 and 2008 witnessed the first decline in global income inequality since the Industrial Revolution"
I'll admit that the best thing Gates could do is to research why it is so hard to eliminate entrenched power structures that continue to keep low levels of economic freedom present in many developing countries, and what could be done to change things there.
Morgantown Personal Rapid Transit entered operation in 1975. The PRT system includes 73 vehicles resembling miniature buses. It has five off-line stations that enable non-stop, individually programmed trips.
The problem is that LCD panels have horrible color and brightness shift issues as you view them at an angle, and the eye here is so close that different parts of the screen are at dramatically different angles to the eye.
It _may_ be possible to solve some of that in software. Or it could require the use of OLED displays.
I will remind folks that the US has much longer telephone local loop length than other countries.
Part of this is due to more rural and spread out suburbs, earlier deployment of telephone than other countries, but part of that may be also be due to CO consolidation during the firming up of ESS.
1) There is a reason why tech VC is concentrated in the US - our laws don't punish the greedy 0.1% who put cash in high-risk startups. The rest of the Western world is way behind us due to tons of crazy legal restrictions on VC.
2) Companies like Google may be founded and headquartered in the US, but they are really global companies with workers, offices, servers, and taxable incomes everywhere around the world.
The number of ATSC set top boxes or TVs that can receive H.264/AVC is very low. There are probably hundreds of millions of non-compatiable receivers out there.
I will note that a brand-new Sony TV can receive H.264 ATSC, but you won't find any on the air.
12.5 Mbps MPEG-2 encoding does a reasonable job today for current HD resolutions (720p60, 1080i30).
So 4xHD = 50 Mbps for 30 fps progressive 4K, or 100 Mbps for 60 fps progressive 4K.
AVC encoding may optimally be able to cut the bit rate in half, so say 50 Mbps for AVC 4K 60p. I'm not sure live AVC encoders are actually at that point yet, but I believe they will make it in a year or two.
Then assume HEVC cuts the AVC bit rate in half. So 25 Mbps for HEVC 4K 60p. I know there are not even HD resolution live HEVC encoders yet, so I'd say it will take ~5 years to get 4K live HEVC encoding accomplishing equivalent video quality of half the bit rate of AVC for 4K 60P.
25 Mbps still does not fit into 6 MHz ATSC 8-VSB modulated digital channels. It does not fit into DVB-T 8 MHz COFDM 16-QAM modulated digital channels It would fit into 64-QAM DVB-T or DVB-T2 at higher QAM rates, with higher S/N ratios required for reception.
Good vision "Snellen" Acuity is about one arc minute. However, visual hyperacuity, which is a sub-Nyquist analysis of the retina, can be down to a few seconds of arc for "vernier" tasks such as adjusting two lines to be directly on top of one another.
Furthermore, 1.5m is going to be small. The TV of the future (10-20 years from now) takes up your entire wall, and your field of view of it may be 60 degrees rather than 30 degrees. We may need 8K resolution to make the most of that
Plus you will not just be watching "TV" on your wall, but you will have Twitter feeds, Slashdot headlines, baby monitors, weather info, etc. tiled across it.
The switcher upgrade isn't a huge technical problem, but digital replay is - since the bandwidth is going up orders of magnitude(1). The UHD (4K) SDI video transport spec isn't even finalized yet, but it's looking to be between 6-12Gb/s, 4-8x current HD bandwidth.
When we get around to doing 4K, it won't be over SDI...it will be over Ethernet. The entire broadcast plant will be moving to Ethernet in 2-3 years.
For example, Cisco was showing 4K 60fps uncompressed over 40 GbE at the SMPTE Technical Conference this week.
Now it may be over SMPTE Fiber. At IBC, Axon was showing 4 bi-directional HD signals over 10 GbE, but putting the optical Ethernet over SMPTE Fiber to a truck. And you also get all the audio pairs you want, comms, IFB, web browsing, file transfer, etc. over that fiber.
Oh great, now that we finally are getting seeing the light at the end of the tunnel for protectionism of trade in goods, now we are going to have protectionism for data!
Do you think the US will retaliate and force data on US citizens to not be stored in Europe?
I am not seeing much uptake in 10GBASE-T in the data center (yet). People seem to be doing SFP+ copper in a rack (or 10Gbps backplane copper in blade systems), and SFP+ fiber between racks.
We have term limits in California. They have empowered the permanent staff and the public employee unions. They have made things worse, not better.
Indeed, I used to believe in term limits. The truth is that in practice they seem to "distort the market of politics" the same way price controls distort the market. They force the real economy of power away from elected officials competing in the marketplace of the voting booth and push real power into the darker "deep state" of bureaucracies.
By the way, the same goes for campaign finance limits as well.
Slashdot Mirror
The minimum wage for youth in Australia is $7.74 AUD for 16 year olds up to $16.00 AUD for 21 year olds. Also apprentices in Australia earn less than the $16.37 AUD wage as well.
I personally know someone who worked for a mid-sized IT firm out of Texas. They were small but growing and successful. Then Bain Capital stepped in, waived some money around and purchased the company. The day after the deal was finalized, everyone was fired and the company was liquidized - sold of bit by bit. The poor lady is now in the Mid-West working in a call center.
Seen vs. unseen...
First, if Bain Capital was called in, it is likely the company was in trouble, so she would have been laid off anyway.
Secondly, the owners of the company felt it was worth it to sell out to Bain, so they benefitted versus possibly having their investment worth nothing.
Thirdly, the company had assets, and these assets have been redeployed to more profitable use, likely employing new people who you don't know.
Micro-credits are a blasting success wherever they are granted in the interest of helping people.
Micro-credit exists where a functional banking system for the poor is regulated out of existence...it is more a symptom of an over-regulated & poor economy than a solution to one.
why is poverty still possible
The problem is that there still remains too much socialism and regulation of free market activities in much of the developing world. A graph of economic freedom versus per capita GDP tells the story. Countries with lower economic freedom tend to have lower GDP per capita, correlation=0.67.
The good news is that the adoption of less socialism and more capitalism (especially in India and China) has lead to less global income inequality:
I'll admit that the best thing Gates could do is to research why it is so hard to eliminate entrenched power structures that continue to keep low levels of economic freedom present in many developing countries, and what could be done to change things there.
Morgantown Personal Rapid Transit entered operation in 1975. The PRT system includes 73 vehicles resembling miniature buses. It has five off-line stations that enable non-stop, individually programmed trips.
I still think it is lots of baryonic matter in black holes or whatever, aka MACHOs(Massive Compact Halo Object).
Legally, there's a reasonable limit on how long you can wait (6 years under some theories).
There have been codec legal fights much longer than 6 years after a patent was granted.
The problem is that LCD panels have horrible color and brightness shift issues as you view them at an angle, and the eye here is so close that different parts of the screen are at dramatically different angles to the eye.
It _may_ be possible to solve some of that in software. Or it could require the use of OLED displays.
I will remind folks that the US has much longer telephone local loop length than other countries.
Part of this is due to more rural and spread out suburbs, earlier deployment of telephone than other countries, but part of that may be also be due to CO consolidation during the firming up of ESS.
1) There is a reason why tech VC is concentrated in the US - our laws don't punish the greedy 0.1% who put cash in high-risk startups. The rest of the Western world is way behind us due to tons of crazy legal restrictions on VC.
2) Companies like Google may be founded and headquartered in the US, but they are really global companies with workers, offices, servers, and taxable incomes everywhere around the world.
ATSC got updated in 2008 to add h264 support.
The number of ATSC set top boxes or TVs that can receive H.264/AVC is very low. There are probably hundreds of millions of non-compatiable receivers out there.
I will note that a brand-new Sony TV can receive H.264 ATSC, but you won't find any on the air.
I'm waiting for 8K as well, but I suspect it will require a technological change as significant as the change from CRT to "flat panels".
How do you fit an 8K display in your car? It has to either tile, fold, or roll-up, because it will pretty much take up all of your living room wall.
Luckily, living room walls are unlikely to get much larger, so 8K makes a great "stopping point" for the resolution of 2D home displays.
So let's break it down:
12.5 Mbps MPEG-2 encoding does a reasonable job today for current HD resolutions (720p60, 1080i30).
So 4xHD = 50 Mbps for 30 fps progressive 4K, or 100 Mbps for 60 fps progressive 4K.
AVC encoding may optimally be able to cut the bit rate in half, so say 50 Mbps for AVC 4K 60p. I'm not sure live AVC encoders are actually at that point yet, but I believe they will make it in a year or two.
Then assume HEVC cuts the AVC bit rate in half. So 25 Mbps for HEVC 4K 60p. I know there are not even HD resolution live HEVC encoders yet, so I'd say it will take ~5 years to get 4K live HEVC encoding accomplishing equivalent video quality of half the bit rate of AVC for 4K 60P.
25 Mbps still does not fit into 6 MHz ATSC 8-VSB modulated digital channels. It does not fit into DVB-T 8 MHz COFDM 16-QAM modulated digital channels It would fit into 64-QAM DVB-T or DVB-T2 at higher QAM rates, with higher S/N ratios required for reception.
good vision is about one arc minute.
Good vision "Snellen" Acuity is about one arc minute. However, visual hyperacuity, which is a sub-Nyquist analysis of the retina, can be down to a few seconds of arc for "vernier" tasks such as adjusting two lines to be directly on top of one another.
Furthermore, 1.5m is going to be small. The TV of the future (10-20 years from now) takes up your entire wall, and your field of view of it may be 60 degrees rather than 30 degrees. We may need 8K resolution to make the most of that
Plus you will not just be watching "TV" on your wall, but you will have Twitter feeds, Slashdot headlines, baby monitors, weather info, etc. tiled across it.
The switcher upgrade isn't a huge technical problem, but digital replay is - since the bandwidth is going up orders of magnitude(1). The UHD (4K) SDI video transport spec isn't even finalized yet, but it's looking to be between 6-12Gb/s, 4-8x current HD bandwidth.
When we get around to doing 4K, it won't be over SDI...it will be over Ethernet. The entire broadcast plant will be moving to Ethernet in 2-3 years.
For example, Cisco was showing 4K 60fps uncompressed over 40 GbE at the SMPTE Technical Conference this week.
Now it may be over SMPTE Fiber. At IBC, Axon was showing 4 bi-directional HD signals over 10 GbE, but putting the optical Ethernet over SMPTE Fiber to a truck. And you also get all the audio pairs you want, comms, IFB, web browsing, file transfer, etc. over that fiber.
It is Jerry STEINBERG, not Steinbers
Oh great, now that we finally are getting seeing the light at the end of the tunnel for protectionism of trade in goods, now we are going to have protectionism for data!
Do you think the US will retaliate and force data on US citizens to not be stored in Europe?
I am not seeing much uptake in 10GBASE-T in the data center (yet). People seem to be doing SFP+ copper in a rack (or 10Gbps backplane copper in blade systems), and SFP+ fiber between racks.
Does anyone even carry those brands?
Best Buy and Walmart carry RCA televisions.
We are glad your non-libertarian Democrats and Republicans in Congress and the White House are doing such a great job!
We have term limits in California. They have empowered the permanent staff and the public employee unions. They have made things worse, not better.
Indeed, I used to believe in term limits. The truth is that in practice they seem to "distort the market of politics" the same way price controls distort the market. They force the real economy of power away from elected officials competing in the marketplace of the voting booth and push real power into the darker "deep state" of bureaucracies.
By the way, the same goes for campaign finance limits as well.
Massive government cuts are what drag economies down.
Then why did the US not implode after government spending was cut in half after WWII (between 1945 and 1948)?
Total government spending in the US went up from 1922-1940, yet there was that whole Great Depression thing.
the creation of a new international reserve currency to replace the present reliance on U.S. dollars.
That would be great China. Give us a call when there is open renminbi convertibility.
I'm having trouble thinking of a Chinese retail brand name that a majority of people worldwide have heard of.
You may have purchased an RCA or Thomson television which are now brands of TCL Corporation headquartered in Huizhou, Guangdong, China.
So what is the best system for multiparty cyber meetings?