The notion that "nobody" saw it is simply propagandistic truthiness baloney. I personally didn't profit, because I was much too early shorting the mortgage companies & home builders and got stopped out---the bubble was too powerful.
Which actually brings up the real problem, bubbles are actually pretty easy to spot, but almost impossible to time. Like you said, a lot of people saw the bubble, but almost nobody predicted when it would actually burst(a couple did, but the % is so low that it can be chalked up to random chance). You short too early and you end up in a bind as your trades are called in, too late and you missed all the fun.
For a current bubble, look at the Japanese yen. There is no way the yen should be as high as it is right now, there is obviously a lot of leveraging going on keeping the currency much stronger than it should be. The currency will snap back, and probably pretty violently due to the massive amount of leveraging, but every single "prediction" I have read of when this will occur has been wrong.
Hasn't this dude ever played mega man games? A mega-buster in the arm is way cooler than a phone, not to mention with a mega buster you will always have access to a phone as you can simply "borrow" the phone of whoever is next to you.
And you are an idiot who completely missed the point, and also seem to assume that you are a better engineer than Woz, which you aren't. GEt over yourself.
You really should read some of Woz's(almost certainly a better engineer than you will ever be) quotes on the early days of Apple. To put it succinctly, without Woz, there would be no Apple. Without Jobs, there would be no Apple. Either of them alone probably would have done alright, but it was the brilliant play between them, how they complemented each other perfectly that really allowed Apple to get off to such a good start. After Jobs came back it was pretty much the same thing, the engineers and Jobs complimented each other perfectly.
I think this speaks more to how pathetic the leadership of a lot of US companies have become more than it does on Jobs. Love Jobs or hate him, one thing that you cannot deny is that he was one of the few US CEOs that actually gave a shit about what his company makes and sells. Compare Jobs to people like Fiorna or Bob Nardelli whose sole purpose was to get inside a company, didn't' even matter which industry it was, and play games with numbers while gutting the company and enriching themselves in the process. Fiorna didn't give 2 shits about servers, or calculators, or Unix etc. To her they were all just "product", an annoyance that she had to tolerate on her way to stealing from the HP shareholders, employees, and customers.
Now compare that to Jobs, people talk about the reality distortion field, but the only way Jobs could actually create that field was if he actually cared about what he was talking about. He gave such good presentations because in a lot of ways he was like a kid who had just been given a neat toy and was showing it off at show and tell, there was genuine passion there. If companies want to emulate Apple's success the first thing they have to do is hire executives that actually are genuinely interested in what they make and sell.
You missed my entire point, assumed I made a different one, then got mad at me for making that one, congrats you fail basic reading comprehension. My ENTIRE point was that by continuing to sell their wares under the western brands, the Chinese companies are still letting the US CEOs have a cut as opposed to the Japanese companies which are cutting the western CEOs(save for retailing/distribution) out of the loop entirely.
Please actually READ the post before going on a tirade next time.
They are totally different animals, Go is a low-level language(gets compiled into native code, though interpreters exist), Dart is intended to replace Javascript as the de facto "web language", though both seem to be trying to solve problems that don't really exist. TFA talks about Dart, Go has some interesting ideas, but ultimately the fact that they forced GC into it means that the really low-level coders won't be interested in it, and it doesn't really seem to perform that much better than a lot of other high-level languages which offer the same, if not better, features. It's basically a solution in search of a problem.
And you fail basic reading comprehension, good job. I didn't say that there wasn't anything unique about these people, I said that they were given opportunities, LIKE A LOT OF OTHER PEOPLE to get their foot in the door, had they not had those opportunities they may not have gone on to become as great as they are. But just go on putting words in my mouth.
It's actually not all that different. Thing is although Japanese companies could never be described as being "transparent", Chinese companies are infinitely more opaque. A lot of the companies in the "strategic industries" such as solar power are either state owned or act as simple front ends for the state owned companies. These companies can absorb huge losses without really having to report anything because the state absorbs their losses(and China's government finances may be a real mess, again we know almost nothing about them). So they can absorb losses until the private entities either go out of business or are bought out by the state-run firms.
Yeah, it's always amazing reading biographies about people who grew up before around the 1980s, namely the huge # of opportunities they had without having to go through the whole corporate/educational grind. Look at how Hemingway lived and worked, he was far from independently wealthy, and yet he managed to maintain a pretty decent lifestyle working as a foreign correspondent, a gig he was just able to sort of pick up. Ditto for Steve Jobs, he was given opportunities in places like factories and engineering firms that would never even look twice at a kid with almost no experience and little formal education beyond high school. And it wasn't like Jobs was well connected or even incredibly good at engineering, pretty much anyone in those days could get a job like those that Jobs had just by showing up and showing that you weren't a complete dumbass.
Nowadays I doubt you could get a job at Apple doing anything besides retail or janitorial work without a degree.....
So's Stallman, whats your point? Anyone who tries to tell you that the only way you can be "free" is by doing or not doing X is trying to restrict your freedom. So fuck off tyrant.
Pretty much. Japan had very similar policies in the 60s and 70s, but didn't have any pressure placed on it until the 80s after Japan decided to cut the western CEOs out of the profit loop entirely and sell direct to consumers. When it was just regular people losing their jobs, politicians didn't do much other than pay some obligatory lip service. However, as soon as the CEOs started to get cut out of the loop, the ostensibly pro "free-trade" Republicans were more than willing to slap sanctions on Japan and put immense pressure on them to appreciate their currency.
Now compare the situation with Japan in the 80s to modern-day China. While a lot of the trade restrictions and currency manipulations are the same, one major difference is that there are very, very few Chinese companies selling directly to western consumers. Off the top of my head I can think of 3 Chinese companies with any sort of real presence in the western market, Lenovo, Haier, and Huawei, and of those only Lenovo is anywhere near the top of their respective markets. However I can think of at least a dozen Japanese companies who do so, Sony, Nintendo, Toshiba, Hitachi, Fujitsu, Panasonic, Honda, Toyota, Nissan, Mitsubishi, Sharp, and Olympus, and I'm missing a ton I'm sure.
I think China has intentionally discouraged it's companies from selling directly to the west, at least in large numbers, specifically to prevent what happened to Japan from happening to them. They realize that in order to keep exporting massive amounts of goods to the US, they need to make sure the people who really call the shots, the executives, stay well-paid.....
It wasn't that long ago that Mr. Ballmer claimed that nobody would be buying Macs because they were more expensive, and nobody would "pay $500 for a logo"(despite the fact that that the price difference is nowhere near that, and you actually get a real OS instead of a toy, that wasn't mentioned). But now that the shoe is on the other foot all of a sudden he thinks people are willing to "pay for quality"(despite the fact that like every other Microsoft product WP7 is a steaming pile). So which is it Mr. Ballmer? Will people pay for a logo or won't they? Will people pay for quality?
Guess it depends on how paranoid you are. If you are worried about losing physical access to the machine then passwords are probably more secure as there is a window between when the laptop is stolen and when you actually notice it and have the keys invalidated that the person who stole it can use to login. Now they probably won't, but...
Yes I did, and guess what, the author still offers 0 evidence to say how these games are fundamentally different from what has happened in the past. What is your point other than trying to be a smartass?
How is this fundamentally ANY different from what video games have been doing since the dawn of time?
Shareware games->designed to get you hooked on the first few levels so you buy the game
Those little SNES consoles they set up at stores back in the day->designed to get you hooked on the game so you guy it.
hell even a lot of arcade games were intentionally designed to be really easy for the first stage or two so you would get hooked and feel compelled to pump more quarters in. This guy has some serious nostalgia goggles, the model has, and always will be to get gamers to spend money on the game by tempting them with a little taste of what is in store if they do spend money on the game. Free to play has just added another method for achieving the same objective.
Slashdot Mirror
I would absolutely love to have CPUs embedded in my genitals. That way I could mine some Bitcoins even while taking a piss.
And as an added bonus the heat given off will pretty much ensure you don't have kids.
True, but it's also impossible to sell the stuff you had today at yesterday's price, which still makes timing incredibly important.
The notion that "nobody" saw it is simply propagandistic truthiness baloney. I personally didn't profit, because I was much too early shorting the mortgage companies & home builders and got stopped out---the bubble was too powerful.
Which actually brings up the real problem, bubbles are actually pretty easy to spot, but almost impossible to time. Like you said, a lot of people saw the bubble, but almost nobody predicted when it would actually burst(a couple did, but the % is so low that it can be chalked up to random chance). You short too early and you end up in a bind as your trades are called in, too late and you missed all the fun.
For a current bubble, look at the Japanese yen. There is no way the yen should be as high as it is right now, there is obviously a lot of leveraging going on keeping the currency much stronger than it should be. The currency will snap back, and probably pretty violently due to the massive amount of leveraging, but every single "prediction" I have read of when this will occur has been wrong.
Hasn't this dude ever played mega man games? A mega-buster in the arm is way cooler than a phone, not to mention with a mega buster you will always have access to a phone as you can simply "borrow" the phone of whoever is next to you.
And you are an idiot who completely missed the point, and also seem to assume that you are a better engineer than Woz, which you aren't. GEt over yourself.
You really should read some of Woz's(almost certainly a better engineer than you will ever be) quotes on the early days of Apple. To put it succinctly, without Woz, there would be no Apple. Without Jobs, there would be no Apple. Either of them alone probably would have done alright, but it was the brilliant play between them, how they complemented each other perfectly that really allowed Apple to get off to such a good start. After Jobs came back it was pretty much the same thing, the engineers and Jobs complimented each other perfectly.
I think this speaks more to how pathetic the leadership of a lot of US companies have become more than it does on Jobs. Love Jobs or hate him, one thing that you cannot deny is that he was one of the few US CEOs that actually gave a shit about what his company makes and sells. Compare Jobs to people like Fiorna or Bob Nardelli whose sole purpose was to get inside a company, didn't' even matter which industry it was, and play games with numbers while gutting the company and enriching themselves in the process. Fiorna didn't give 2 shits about servers, or calculators, or Unix etc. To her they were all just "product", an annoyance that she had to tolerate on her way to stealing from the HP shareholders, employees, and customers.
Now compare that to Jobs, people talk about the reality distortion field, but the only way Jobs could actually create that field was if he actually cared about what he was talking about. He gave such good presentations because in a lot of ways he was like a kid who had just been given a neat toy and was showing it off at show and tell, there was genuine passion there. If companies want to emulate Apple's success the first thing they have to do is hire executives that actually are genuinely interested in what they make and sell.
I for one welcome our new truck-crashing bee overlords.
You missed my entire point, assumed I made a different one, then got mad at me for making that one, congrats you fail basic reading comprehension. My ENTIRE point was that by continuing to sell their wares under the western brands, the Chinese companies are still letting the US CEOs have a cut as opposed to the Japanese companies which are cutting the western CEOs(save for retailing/distribution) out of the loop entirely.
Please actually READ the post before going on a tirade next time.
They are totally different animals, Go is a low-level language(gets compiled into native code, though interpreters exist), Dart is intended to replace Javascript as the de facto "web language", though both seem to be trying to solve problems that don't really exist. TFA talks about Dart, Go has some interesting ideas, but ultimately the fact that they forced GC into it means that the really low-level coders won't be interested in it, and it doesn't really seem to perform that much better than a lot of other high-level languages which offer the same, if not better, features. It's basically a solution in search of a problem.
And you fail basic reading comprehension, good job. I didn't say that there wasn't anything unique about these people, I said that they were given opportunities, LIKE A LOT OF OTHER PEOPLE to get their foot in the door, had they not had those opportunities they may not have gone on to become as great as they are. But just go on putting words in my mouth.
It's actually not all that different. Thing is although Japanese companies could never be described as being "transparent", Chinese companies are infinitely more opaque. A lot of the companies in the "strategic industries" such as solar power are either state owned or act as simple front ends for the state owned companies. These companies can absorb huge losses without really having to report anything because the state absorbs their losses(and China's government finances may be a real mess, again we know almost nothing about them). So they can absorb losses until the private entities either go out of business or are bought out by the state-run firms.
Yeah, it's always amazing reading biographies about people who grew up before around the 1980s, namely the huge # of opportunities they had without having to go through the whole corporate/educational grind. Look at how Hemingway lived and worked, he was far from independently wealthy, and yet he managed to maintain a pretty decent lifestyle working as a foreign correspondent, a gig he was just able to sort of pick up. Ditto for Steve Jobs, he was given opportunities in places like factories and engineering firms that would never even look twice at a kid with almost no experience and little formal education beyond high school. And it wasn't like Jobs was well connected or even incredibly good at engineering, pretty much anyone in those days could get a job like those that Jobs had just by showing up and showing that you weren't a complete dumbass.
Nowadays I doubt you could get a job at Apple doing anything besides retail or janitorial work without a degree.....
So's Stallman, whats your point? Anyone who tries to tell you that the only way you can be "free" is by doing or not doing X is trying to restrict your freedom. So fuck off tyrant.
Pretty much. Japan had very similar policies in the 60s and 70s, but didn't have any pressure placed on it until the 80s after Japan decided to cut the western CEOs out of the profit loop entirely and sell direct to consumers. When it was just regular people losing their jobs, politicians didn't do much other than pay some obligatory lip service. However, as soon as the CEOs started to get cut out of the loop, the ostensibly pro "free-trade" Republicans were more than willing to slap sanctions on Japan and put immense pressure on them to appreciate their currency.
Now compare the situation with Japan in the 80s to modern-day China. While a lot of the trade restrictions and currency manipulations are the same, one major difference is that there are very, very few Chinese companies selling directly to western consumers. Off the top of my head I can think of 3 Chinese companies with any sort of real presence in the western market, Lenovo, Haier, and Huawei, and of those only Lenovo is anywhere near the top of their respective markets. However I can think of at least a dozen Japanese companies who do so, Sony, Nintendo, Toshiba, Hitachi, Fujitsu, Panasonic, Honda, Toyota, Nissan, Mitsubishi, Sharp, and Olympus, and I'm missing a ton I'm sure.
I think China has intentionally discouraged it's companies from selling directly to the west, at least in large numbers, specifically to prevent what happened to Japan from happening to them. They realize that in order to keep exporting massive amounts of goods to the US, they need to make sure the people who really call the shots, the executives, stay well-paid.....
says someone who has probably never been outside a major city.
Japan != Tokyo.
Unfortunately most Japanese tend to ride their bikes at about 10km/h, so speed won't be an issue for this robot.....
All I can say is Orwell would be so proud of the language the Chinese used to describe their censorship.
It wasn't that long ago that Mr. Ballmer claimed that nobody would be buying Macs because they were more expensive, and nobody would "pay $500 for a logo"(despite the fact that that the price difference is nowhere near that, and you actually get a real OS instead of a toy, that wasn't mentioned). But now that the shoe is on the other foot all of a sudden he thinks people are willing to "pay for quality"(despite the fact that like every other Microsoft product WP7 is a steaming pile). So which is it Mr. Ballmer? Will people pay for a logo or won't they? Will people pay for quality?
Guess it depends on how paranoid you are. If you are worried about losing physical access to the machine then passwords are probably more secure as there is a window between when the laptop is stolen and when you actually notice it and have the keys invalidated that the person who stole it can use to login. Now they probably won't, but...
Well, this is the creationist version of how snakes get their shape anyway
Yes I did, and guess what, the author still offers 0 evidence to say how these games are fundamentally different from what has happened in the past. What is your point other than trying to be a smartass?
How is this fundamentally ANY different from what video games have been doing since the dawn of time?
Shareware games->designed to get you hooked on the first few levels so you buy the game
Those little SNES consoles they set up at stores back in the day->designed to get you hooked on the game so you guy it.
hell even a lot of arcade games were intentionally designed to be really easy for the first stage or two so you would get hooked and feel compelled to pump more quarters in. This guy has some serious nostalgia goggles, the model has, and always will be to get gamers to spend money on the game by tempting them with a little taste of what is in store if they do spend money on the game. Free to play has just added another method for achieving the same objective.
Maybe it's just covered in hot grits?
Well, we do know as a fact that it is naked and petrified.....