Too bad Wisconsin already blew its load on attracting factory jobs that require manual labor and will never earn more than $50,000 per year. (minus the $7,000 they pay every year per job)
Isn't blockchain mostly for transactions that will never be modified/reversed or are single well-defined actions at a point in time, like transfers of money or sales?
Information about people is complex. What if something about the birth record changes or needs to be corrected?
We already know the saying, databases are real easy to create, impossible to correct. What do you expect the ability of a government agency to properly administer some new technology like this will be?
Yeah, someone has to keep it stocked. But the whole point of these is that one person can stock a whole bunch distributed across a wide area, probably the same person who previously would have minded just one shop. How can there not be job loss.
Not likely. Everything about this says taking the distributors and inefficient parts of the supply chain out of the picture.
He may *say* "not taking away jobs", but that's just a saying -- not something he knows. Or at least, it's not going to be likely that the jobs created make up for the jobs lost.
How long before hipsters (or Hispanic people) in the Mission start torching these?
Let's assume, for the moment, that the politicians' estimators are correct, and that:
- 13,000 workers employed for 1 year to build the factory
- 3,000 workers employed for 15 years working at the factory
- 22,000 additional workers spawned by the need for suppliers etc, over those 15 years
That gives 388,000 worker-years supported by doing this deal, for which was paid $2.85 billion in tax credits over the 15 years.
Doing the math, that is $7,345 in subsidies paid by the government, per job per year.
If these figures are believable, then it possibly is not a horrible deal. *But* as with everything, the biggest pitfall is not in the decimal place of how many workers exactly, but in the assumptions about whether those additional workers materialize, whether Foxconn sources its stuff from local / surrounding vendors vs. Mexico, and most of all, whether in 8-10 years the market for LCD screens changes and Foxconn picks up and leaves.
Does the LCD screen market now look like it did 8-10 years ago? Should we expect that it will 8-10 years from *now* and that the deal will still be something Foxconn wants to stick to?
I have a feeling that Republican lawmakers are not quite as sharp as the economists that Foxconn, a $135B company, has on its staff to figure out whether they're getting the better end of the deal...
Maybe the Japanese technologists should help work out some of the issues about their population decline, cost of living and cost of parenting that disincentivizes family formation, hatred of foreigners, and other issues, lest they run out of people to sit in these self-driving buses when they finally hit the roads?
This is a class war, friends. And the classes are all the people who just happened to be born a few years earlier, against everyone else who got here later.
They got theirs, and put into place all the rules and regulations about property taxes, development restrictions, crappy public transport, that allow them to keep their rents / payments low, and screw everyone else who equally wants to live and work in the area.
You hear all these old (yes, old) local residents complain about being "forced out" of their homes and neighborhoods, and sure they're sympathetic and it's fashionable to rail against "gentrification". But how about the thousands of young people/families/workers who can't find a place to live or rent at a reasonable price when they move here? Who's advocating for those people? I would argue they are more severely impacted in their lifetime earning and career potential by the cost of living here, and I side with them, not the rich (yes rich) people who've lived here for 30 years and are established.
I'm tired of the local-level complacency and Nimbyism, and the California regulatory and legal process that make it possible for so many young workers (who are what is going to keep us successful as a society) shut out of living affordably and reasonably in one of our most important economies.
Regardless of the payment method, the problem is that goods are still physically flowing into NK, paid for. What is China / South Korea / Japan doing about those cargo ships or vessels supplying the regime, or the companies behind them?
Much as I am no huge fanboy of Apple's, when they make something, they generally make it *well*. Or in the few cases where something wasn't made well, they fix it with actual support and followthrough, not leaving customers hanging. (Note this statement only applies to their hardware...)
I have a very simple solution for policymakers to implement:
- Name + phone hacked = $2 penalty
- Name + address hacked = $3 penalty
- Name + SSN hacked = $5 penalty
- etc., and combinations of the above, just multiply.
Poor Juicero -- fell into the trap that so many people who think highly of their own talents and desires fall into:
As with so many areas where people work on something that is their passion (whether food, music, art, coffee, wine) is that they start to forget that the effort (or depth of intention) they put into it does not necessarily translate into how much other people value it, or how much people are willing to pay for it.
You get people who think that because they slaved away for hours on a painting, essay, cup of coffee or artisinal x,y,z, etc, or that they did it with such depth of feeling means that they can charge big $$ for it.
If that were true, history / philosophy / library science majors would be pulling in huge bucks for all the time they spent studying esoteric things that no one cares about, while people who scrape the internet for cute cat videos would be sitting in poverty. And arc welders who do a job on site, leave, and never have to think about it again would be barely getting by instead of being paid $70 / hour.
The other thing they start to forget is that few people care about the extra details that they care about, because they've been immersed in the topic for years and lost an absolute sense of proportion, such as:
- the ability to remotely cancel juice bags on expiration
- having a squeezing mechanism that saves you 10 seconds of effort but costs $400...
People who go to Burning Man (in my stereotyped way of thinking) tend to have a mindset that belief and values and ideology will carry the day -- and this resonates in my mind with what happened at Juicero. They tend not to be the people who put their nose to the grindstone and do a dirty job that has no glory or isn't "humanity-changing", but pays well and is reliable.
At this point, it doesn't really matter if the CEO is on vacation -- it's just a symptom of what was happening all along. 3 days absence isn't going to change the company's future...
As much as I dislike almost all phone manufacturers, I will still grudgingly trust Apple more than the others when it comes to securing my private information on my devices against apps, 3rd parties, and hackers doing things that I don't know are being done. Huawei -- what do you want to bet that they take any of that shit seriously? Cmon, even Google doesn't police its apps and infrastructure well, what are the chances that a down-the-rung OEM does?
I had an HSBC US personal checking account earlier last/this year, and I wrote to them saying that this was the most inept, understaffed, lack-of-executive attention operation at a bank that I'd ever seen.
I experienced months of hearing nothing from them after opening an account online, the worst mobile app ever, nonsensical online password procedures, 30+ minute phone help line waits, and then to top it all off, an IRS form 1099-R delivered 2 weeks before the tax due date this spring.
If you ever come to realize that companies are a lot like people and they have their own personalities, then you will find that HSBC (and Wells Fargo) are senile old people who nonetheless still want to be seen as growing and profiting, but taking shortcuts and leaving behind sloppy messes of customer accounts in disarray and miscommunication.
Executives at the top who don't want to get into the details, and order things like, "I want to see customer numbers growing, and I don't care how you do it or what it takes! And it had better not cost us a lot to get it!"
I hope they get fined into the stone age so that someone realizes you can't run a bank on the cheap. Or at least, cheap in the functions that matter.
The issue with Juicero, as with so many areas where people work on something that is their passion (whether food, music, art, coffee, wine) is that they start to forget that the effort they put into it does not necessarily translate into how much other people value it, or how much people are willing to pay for it.
You get people who think that because they slaved away for hours on a painting, essay, cup of coffee or artisinal x,y,z, etc means that they can charge big $$ for it.
If that were true, history / philosophy / library science majors would be pulling in huge bucks for all the time they spent studying esoteric things that no one cares about, while people who scrape the internet for cute cat videos would be sitting in poverty.
The other thing they start to forget is that few people care about the extra details that they care about, because they've been immersed in the topic for years and lost an absolute sense of proportion, such as: - the ability to remotely cancel juice bags on expiration - having a squeezing mechanism that saves you 10 seconds of effort but costs $400...
If you think about what makes a sustainable business, part of it is barriers to entry and loyalty that lead to pricing power. There are few barriers to entry for the delivery world (given so much surplus labor and vehicles compared to the demand), and I would say practically zero loyalty.
I know friends (and I myself) who churn between Blue Apron, HelloFresh, Postmates, Taskrabbit, Doordash, Munchery, Safeway, every possible food, delivery, and prep service -- whatever service offers the lowest price or the flavor-of-the-week signup bonus. What do I care if one is named something silly and I change to the other one next week for a lower price?
There's a shakeout happening in this industry, and it's not pretty.
I guess all that Bangladeshi child labor was still too expensive huh? Had to cheapen it even more?
And is this supposed to be great news for Little Rock, Arkansas, which will see a huge growth in the 27 jobs needed to operate this new automated factory?
Really, so out of all the problems that autonomous vehicle manufacturers face in terms of developing, testing, and deploying their technology, the pizza part is the hard part? Get real. This will die within 18 months (sooner if they're smart).
The amount of uninformed ignorance of how hard a problem this is (not the pizza part) is astounding. It's almost a joke that they think to attach the triviality of the pizza to the problem.
I mean, maybe I'm just naive, but don't most people just assume that your phones/apps are leaky and not rely on them to say that they're protecting your privacy? I think it's worse that you act based on the assumption that your info is not being collected/transmitted/sold/leaked to others...
Wake up everyone. Can you imagine the amount of benefit that our own country would have experienced over the last 15 years if we hadn't dumped $1T of our budget into that godforsaken wasteland?
How about we just pay those people $40,000 a year to dig holes in the ground periodically, and then have a long vacation? It would be cheaper and probably just as economically long lasting.
Slashdot Mirror
Too bad Wisconsin already blew its load on attracting factory jobs that require manual labor and will never earn more than $50,000 per year. (minus the $7,000 they pay every year per job)
Isn't blockchain mostly for transactions that will never be modified/reversed or are single well-defined actions at a point in time, like transfers of money or sales?
Information about people is complex. What if something about the birth record changes or needs to be corrected?
We already know the saying, databases are real easy to create, impossible to correct. What do you expect the ability of a government agency to properly administer some new technology like this will be?
Is this really needed?
Yeah, someone has to keep it stocked. But the whole point of these is that one person can stock a whole bunch distributed across a wide area, probably the same person who previously would have minded just one shop. How can there not be job loss.
Not likely. Everything about this says taking the distributors and inefficient parts of the supply chain out of the picture.
He may *say* "not taking away jobs", but that's just a saying -- not something he knows. Or at least, it's not going to be likely that the jobs created make up for the jobs lost.
How long before hipsters (or Hispanic people) in the Mission start torching these?
Say what you will about Apple and iPhone -- they don't pull this kind of shit with customers.
Let's assume, for the moment, that the politicians' estimators are correct, and that:
- 13,000 workers employed for 1 year to build the factory
- 3,000 workers employed for 15 years working at the factory
- 22,000 additional workers spawned by the need for suppliers etc, over those 15 years
That gives 388,000 worker-years supported by doing this deal, for which was paid $2.85 billion in tax credits over the 15 years.
Doing the math, that is $7,345 in subsidies paid by the government, per job per year.
If these figures are believable, then it possibly is not a horrible deal. *But* as with everything, the biggest pitfall is not in the decimal place of how many workers exactly, but in the assumptions about whether those additional workers materialize, whether Foxconn sources its stuff from local / surrounding vendors vs. Mexico, and most of all, whether in 8-10 years the market for LCD screens changes and Foxconn picks up and leaves.
Does the LCD screen market now look like it did 8-10 years ago? Should we expect that it will 8-10 years from *now* and that the deal will still be something Foxconn wants to stick to?
I have a feeling that Republican lawmakers are not quite as sharp as the economists that Foxconn, a $135B company, has on its staff to figure out whether they're getting the better end of the deal...
Maybe the Japanese technologists should help work out some of the issues about their population decline, cost of living and cost of parenting that disincentivizes family formation, hatred of foreigners, and other issues, lest they run out of people to sit in these self-driving buses when they finally hit the roads?
This is a class war, friends. And the classes are all the people who just happened to be born a few years earlier, against everyone else who got here later.
They got theirs, and put into place all the rules and regulations about property taxes, development restrictions, crappy public transport, that allow them to keep their rents / payments low, and screw everyone else who equally wants to live and work in the area.
You hear all these old (yes, old) local residents complain about being "forced out" of their homes and neighborhoods, and sure they're sympathetic and it's fashionable to rail against "gentrification". But how about the thousands of young people/families/workers who can't find a place to live or rent at a reasonable price when they move here? Who's advocating for those people? I would argue they are more severely impacted in their lifetime earning and career potential by the cost of living here, and I side with them, not the rich (yes rich) people who've lived here for 30 years and are established.
I'm tired of the local-level complacency and Nimbyism, and the California regulatory and legal process that make it possible for so many young workers (who are what is going to keep us successful as a society) shut out of living affordably and reasonably in one of our most important economies.
Lazy journalism, lazy putting it up onto Slashdot's news of the day...
Regardless of the payment method, the problem is that goods are still physically flowing into NK, paid for. What is China / South Korea / Japan doing about those cargo ships or vessels supplying the regime, or the companies behind them?
Much as I am no huge fanboy of Apple's, when they make something, they generally make it *well*. Or in the few cases where something wasn't made well, they fix it with actual support and followthrough, not leaving customers hanging. (Note this statement only applies to their hardware...)
Explain to me how this would be any more justified or sensible if we replaced the words "retail employees" with:
- telephone switchboard operators
- ISDN engineers
- elevator operators
- horse and buggy whip factory workers
?
Industries change, and labor changes with it. And each side gets as much as they can bargain for. What more do you want?
I also heard that blockchain will stop global warming, cure cancer, and find Jimmy Hoffa!
I have a very simple solution for policymakers to implement:
- Name + phone hacked = $2 penalty
- Name + address hacked = $3 penalty
- Name + SSN hacked = $5 penalty
- etc., and combinations of the above, just multiply.
Things would get fixed right quick.
He's not thinking too clearly...
Poor Juicero -- fell into the trap that so many people who think highly of their own talents and desires fall into:
As with so many areas where people work on something that is their passion (whether food, music, art, coffee, wine) is that they start to forget that the effort (or depth of intention) they put into it does not necessarily translate into how much other people value it, or how much people are willing to pay for it.
You get people who think that because they slaved away for hours on a painting, essay, cup of coffee or artisinal x,y,z, etc, or that they did it with such depth of feeling means that they can charge big $$ for it.
If that were true, history / philosophy / library science majors would be pulling in huge bucks for all the time they spent studying esoteric things that no one cares about, while people who scrape the internet for cute cat videos would be sitting in poverty. And arc welders who do a job on site, leave, and never have to think about it again would be barely getting by instead of being paid $70 / hour.
The other thing they start to forget is that few people care about the extra details that they care about, because they've been immersed in the topic for years and lost an absolute sense of proportion, such as:
- the ability to remotely cancel juice bags on expiration
- having a squeezing mechanism that saves you 10 seconds of effort but costs $400...
People who go to Burning Man (in my stereotyped way of thinking) tend to have a mindset that belief and values and ideology will carry the day -- and this resonates in my mind with what happened at Juicero. They tend not to be the people who put their nose to the grindstone and do a dirty job that has no glory or isn't "humanity-changing", but pays well and is reliable.
At this point, it doesn't really matter if the CEO is on vacation -- it's just a symptom of what was happening all along. 3 days absence isn't going to change the company's future...
As much as I dislike almost all phone manufacturers, I will still grudgingly trust Apple more than the others when it comes to securing my private information on my devices against apps, 3rd parties, and hackers doing things that I don't know are being done. Huawei -- what do you want to bet that they take any of that shit seriously? Cmon, even Google doesn't police its apps and infrastructure well, what are the chances that a down-the-rung OEM does?
I had an HSBC US personal checking account earlier last/this year, and I wrote to them saying that this was the most inept, understaffed, lack-of-executive attention operation at a bank that I'd ever seen.
I experienced months of hearing nothing from them after opening an account online, the worst mobile app ever, nonsensical online password procedures, 30+ minute phone help line waits, and then to top it all off, an IRS form 1099-R delivered 2 weeks before the tax due date this spring.
If you ever come to realize that companies are a lot like people and they have their own personalities, then you will find that HSBC (and Wells Fargo) are senile old people who nonetheless still want to be seen as growing and profiting, but taking shortcuts and leaving behind sloppy messes of customer accounts in disarray and miscommunication.
Executives at the top who don't want to get into the details, and order things like, "I want to see customer numbers growing, and I don't care how you do it or what it takes! And it had better not cost us a lot to get it!"
I hope they get fined into the stone age so that someone realizes you can't run a bank on the cheap. Or at least, cheap in the functions that matter.
The issue with Juicero, as with so many areas where people work on something that is their passion (whether food, music, art, coffee, wine) is that they start to forget that the effort they put into it does not necessarily translate into how much other people value it, or how much people are willing to pay for it.
You get people who think that because they slaved away for hours on a painting, essay, cup of coffee or artisinal x,y,z, etc means that they can charge big $$ for it.
If that were true, history / philosophy / library science majors would be pulling in huge bucks for all the time they spent studying esoteric things that no one cares about, while people who scrape the internet for cute cat videos would be sitting in poverty.
The other thing they start to forget is that few people care about the extra details that they care about, because they've been immersed in the topic for years and lost an absolute sense of proportion, such as:
- the ability to remotely cancel juice bags on expiration
- having a squeezing mechanism that saves you 10 seconds of effort but costs $400...
If you think about what makes a sustainable business, part of it is barriers to entry and loyalty that lead to pricing power. There are few barriers to entry for the delivery world (given so much surplus labor and vehicles compared to the demand), and I would say practically zero loyalty.
I know friends (and I myself) who churn between Blue Apron, HelloFresh, Postmates, Taskrabbit, Doordash, Munchery, Safeway, every possible food, delivery, and prep service -- whatever service offers the lowest price or the flavor-of-the-week signup bonus. What do I care if one is named something silly and I change to the other one next week for a lower price?
There's a shakeout happening in this industry, and it's not pretty.
I guess all that Bangladeshi child labor was still too expensive huh? Had to cheapen it even more?
And is this supposed to be great news for Little Rock, Arkansas, which will see a huge growth in the 27 jobs needed to operate this new automated factory?
Really, so out of all the problems that autonomous vehicle manufacturers face in terms of developing, testing, and deploying their technology, the pizza part is the hard part? Get real. This will die within 18 months (sooner if they're smart).
The amount of uninformed ignorance of how hard a problem this is (not the pizza part) is astounding. It's almost a joke that they think to attach the triviality of the pizza to the problem.
I mean, maybe I'm just naive, but don't most people just assume that your phones/apps are leaky and not rely on them to say that they're protecting your privacy? I think it's worse that you act based on the assumption that your info is not being collected/transmitted/sold/leaked to others...
Wake up everyone. Can you imagine the amount of benefit that our own country would have experienced over the last 15 years if we hadn't dumped $1T of our budget into that godforsaken wasteland?
How about we just pay those people $40,000 a year to dig holes in the ground periodically, and then have a long vacation? It would be cheaper and probably just as economically long lasting.
The lawmakers I mean.