@ArjChi Oh yes, the company that refused to move ahead on innovation and Apple stomped into the ground.
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Benjamin Wood
301 posts
@GunnelsWarren Feel free to fact check me
Over the last 100 years, Democrats held full control of both chambers of Congress for 58 years.
Under the 58 years of unified Democratic congressional control, the nominal total spent sits at an estimated $28 trillion to $33 trillion.
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If Bernie's 5% annual wealth tax on billionaires had been enacted in 2012, Elon Musk would be worth less than $365 billion instead of the $1.2 trillion that he's worth today.
Elon would still be the wealthiest man alive & every family in America would have universal childcare.
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I'm both and it depends on what you want out of it. If I were your consultant, I'd start with typically, put your corporate enterprise users on Microsoft licenses and your specialists/engineers on the platform of their choosing, which is often not Microsoft. Which bucket are you in?
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@JoeZumwalt Imagine not having a socialist example because the Marshall Plan didn't happen. We invested in Europe and it paid dividends from future trade.
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there are no free markets
that's not a thing
the government has their finger on every scale
in capitalism that will always benefit the capitalist above the people
in socialism that will benefit the workers first and foremost
🧡Lulu🌾;@ItsLulu_7
Capitalism doesn't mean "free markets"
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@NeoRothbardian Taxes buys civilization. A burger flipper has more economic options than a feudal lord.
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@konstructivizm Avant Space is a private Russian aerospace company headquartered in Moscow.
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The space company Avant Space has launched the world's first advertising satellite into Earth orbit.
The first spacecraft in the future "Sozvezdie" satellite system will consist of dozens of such satellites in low Earth orbit, projecting images onto the night sky.
Each satellite is a pixel, part of a single symbol,
which will light up as it flies over major cities around the world.
The satellites, like the space advertising technology itself, are environmentally friendly, as after three years of active operation, they are deorbited and burn up in the dense layers of the atmosphere.
Lasers are completely safe for aviation and do not interfere with astronomers' exploration of new frontiers of space," said Avant Space founder A. Ossovsky.
The entrepreneur is confident that the outdoor advertising market will grow from $39 billion to $53 billion by 2030. And the space industry market will reach an incredible $1 trillion.
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Yes, I agree that it would raise revenue, but no it would do nothing for retirees, since there is no trust or lock box as they say. Social security is an insurance bond with coupons starting at a certain maturity per individual. Since there's not a 1:1 correlation, it will just get spent on whatever.
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@RetireonDividen Revenue trumps debt. Revenue can pay for debt, but not the other way around.
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I want to retire at 55 which is 12 years away.
My kids will be 22 & 17
The only way my mortgage would be paid off by then is if I paid an additional $838.72 per month starting next year.
My rate is 2.875%
Would you go for the pay off or keep the mortgage into retirement?
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To be fair, I remember the projected year was 2035 20 years ago, so we're pretty much on pace and still doing nothing about it. I remember when George W was in office and there was debate about offloading SS into the private sector and pretty much all the news networks called it treason. Retirees would've had 7.8x wealth than what they can look forward to now.
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Is everyone paying attention? We have just SIX YEARS before Social Security is insolvent.
Congress needs to stop burning money on fraud and crappy programs, balance the budget, and PROTECT Social Security so we can keep our promises to American seniors.
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@codevsdev I started with a spiral bound book for BASIC. It's all clocks man. Gears on gears. Once you understand loops and iteration, the rest is jazz.
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Worry not. Thinking about new, and having deeper conversations are possible. My generation was more focused on test taking and I've been re-learning through long discussions. You can tell AI to pretend to be Newton and discuss classical physics or discuss philosophy with Plato. Imperfect, but far, far more indepth than any class I attended and available anytime you have curiosity. There is much potential ahead.
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@DataChaz What worries me most is slowly eroding our children's (and ours) ability to think critically. It feels like we are moving toward a place where we are all complacent and very gullible.
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@RockChartrand Oh, the shockwave when invoice defaults start rolling in. We would be in the stone age before you got your $100,000 check.
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Here's a proposal:
Confiscate every dollar of wealth above $10 million and redistribute it.
Everyone gets roughly $100,000 once.
Then what?
The factories, businesses, investments, and productive capital that generated that wealth are damaged, sold off, or flee. Future investment collapses. Economic growth slows. The one time payout gets spent.
Redistribution is a plan for consuming wealth.
The real question isn't how to divide what exists today.
It's how to create more tomorrow.
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YouTube
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Starlink V3 satellites have >10X bandwidth of V2 and there’ll be >10X launched, which means >100X more bandwidth.
Also, altitude will be 350km vs 550km, so min latency can be cut in half.
Light travels 300km/ms in space, so physics round trip min latency drops to <5ms.
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Wealth typically lasts three to five generations, commonly summarized by the phrase "shirtsleeves to shirtsleeves in three generations." Studies show that roughly 70% of wealthy families lose their fortune by the second generation, and up to 90% lose it by the third. Old money is a very, very rare thing. Professional sports leagues produce more wealthy people than "old money" every year.
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About 60-70% of worldwide wealth is inherited. This is a problem that needs tackling.
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@kinginvestings Yeah, the ones I know who did that were farmers. They spent all year, toiling in the dirt for one paycheck at the sale barn. I don't think you have the grit for that.
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Boomers had one job for 40 years.
Millennials juggle 40 jobs in one year.
Gen Z is asking why jobs exist at all.
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@Austen Yeah find me the CFO that would be cool with running city water all day.
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Water usage in data centers really is the fakest issue I’ve seen in a long, long time
Alex Volkov@altryne
.@satyanadella just put the whole "water" debate to rest. Datacenters run on a closed loop cooling system, the water usage of a datacenter for an entire year is roughly equivalent to a usage of 1 restaurant!
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@NeoliberalAkiho It's a lack of understanding (or propaganda) of the innovation multiplier. There's a reason we don't use stone tools to make electric cars.
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I do not understand why communists think infinite growth is impossible. We can totally do near infinite growth. There’s literally nothing stopping us.
philosophy memes 🔗@philosophymeme0
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@leilachaibi The same government that keeps 400 million employment records in a cave?
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L'IA pour améliorer le destin commun. Pas pour remplir les poches de quelques techno-facistes au détriment de la vie des gens !
Bernie Sanders@BernieSanders
I will soon be introducing a bill to give the public a 50% ownership stake in the largest AI companies in America. This would guarantee that the trillions created by AI are used to improve the lives of all of us — and block oligarch decisions that harm the American people.
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IF YOU ARE IN YOUR 20s YOU SHOULD STOP INVESTING BY NOW!
The Kobeissi Letter@KobeissiLetter
BREAKING: The S&P 500 closes at its highest level on record, now on track for a 10-week win streak for the first time since 1985. That's +$11.7 TRILLION in market cap since March 30th.
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@AlgonquinKnight @philthatremains Easy there. You're talking plentiful supply. A condition brought on by people working together by their own interests for a common goal.
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@philthatremains Even for a commie this is moronic. Cheap clean energy increases affordability. We t would literally massively improve the lives of the most impoverished people.
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the issue is never the issue, the issue is always the revolution
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