You’ve overly simplified the degree to which a company must accept a court order without pushback.
First they are capable of fulfilling the request in the first place which means their approach or encryption is inherently flawed. Second companies can very much push back on such requests with many examples of such working, but they need to make the attempt.
I don't think it's reasonable to expect businesses to spend money fighting court orders for customer data, especially if the orders are more or less reasonable.
They do seem to be reasonable in the case that brought about this reporting, with substantial evidence that the suspects committed fraud and that evidence is on the devices in question.
Hold on. You wear headphones while at the dentist? How are you supposed to carry on a conversation where they ask you question and you respond HOAYRA AH OT AH HA AH
I think Fiio and Hiby are the closest that exist today. They have dedicated hardware and physical buttons for the things listed in your comment. However, they do still ship with a custom Android OS and you need the touch screen to navigate your library and such. On the upside, this lets you choose your media library app. On the downside, it still isn't as good as the touch wheel on old iPods. I, too, am waiting for something like this to return. The Hiby is good enough until then for me.
Shanling uses a custom OS although it feels very primitive compared to iPods (e.g. the iPod Nano had VoiceOver for touch navigation). So I'm not really a fan of these dedicated single-function players; modern media player apps can be fast and convenient (more so than a clickwheel, honestly), and Android devices can still have dedicated control buttons. If only these devices weren't so bulky...
“basically” is doing some heavy lifting here as they aren’t good enough to let you ignore the road without taking serious risks. So you’re stuck in the drivers seat paying attention to traffic, but you get to mostly avoid turning the steering wheel, yay what an awesome improvement definitely worth 8k or 100$/month
IMO adaptive crude control that works down to 0MPH is still the sweet spot.
Also standard equipment now (in my mid-level Honda Civic). However once gone to zero, it won't roll again until you nudge the throttle pedal. Also, just like lane keeping it "needs supervision". Once someone braked hard up ahead to do an almost-missed left turnoff, and I let the adaptive cruise control do what it does. And it missed it and I had to brake manually, fairly hard too!
But for driving in slow traffic with no passing lane for the next half hour (Highway 7 between Perth and Marmora, for Ontarians) it's a godsend. Just let it handle it and chill.
Women and children very much participate in farming back then, harvest was a “all hands on deck” situation.
Similarly by adding ‘and clothe bodies’ that captures well over half of a typical woman’s labor back then. Drop spindles sucked up an enormous amount of labor before you even had cloth.
Bret Deveraux linked to estimates that 70% of producing clothes is spinning, 20% is weaving, and 10% is sewing.
We tend to think of weaving as the time consuming thing but that’s because the spinning wheel had been around for a while by the time the Industrial Revolution happened.
At times it was all hands on deck for harvest - but most of the time it wasn't and that rest is an important part of village life missing. As you say, drop spindles suck.
If you aren’t reaping of sowing, your labor isn’t in the fields anyway.
People don’t understand that there are ebbs and flows to a farming life. There is always work to do but no one is out in the fields much unless it’s harvest or seeding times.
Many crops are not hands off. wheat chokes out weeds, but you need to weed the garden. You need to water crops in a drough - if you could get water (from a well or river). rice needs a lot of labor to manage water levels
Having grandchildren “coast through life” is based on copyright lasting 70 years past the death of the author. But seriously having the rights disappear in 10 years is hardly an incentive for murder.
Honestly, I find it difficult to understand why a fixed 40 year term isn’t long enough to benefit from copyright. Trademark is already indefinite, JK Rowling is hardly going to be meaningfully harmed if someone publishes a work based on the first Harry Potter book in 2037. Less wealthy authors generally need to keep working anyway. Publish a hit at 22 and perhaps it’s time to start saving for retirement just like everyone else.
The US isn't going to get hyperinflation. It's going to get a Japan style heat death. More and more wealth concentrated into low yielding debt, rather than invested into growth, while purchasing power is chewed up by persistent currency debasement. Japan never did suffer real deflation (that was a lie), it suffered massive inflation: they debased the Yen to garbage levels, drastically chopping down the standard of living of the typical Japanese person, wiping out their wealth, eroding the value of their output per capita. Only in a twisted, failed Keynesian experiment could one confuse such epic scale inflation with deflation. What they thought was deflation was an economic heat death due to their productive capital being tied up in low yield debt.
Have you been to Japan? Salaries are low, but stuff is crazy cheap (even after the past year of inflation). People are still feeling whiplash from the fact that prices can change at all. Many menus and items have prices that have barely changed since the early 1990s, and most of those changes were to add sales taxes to the menu.
The exchange rate of the yen has dropped recently by a lot, but the inflation experience there has been the exact opposite of America's.
“There's no chance US will default on its debts, all it has to do is to print more money.”
Trying to inflate away 40+ Trillion in debt would directly result in hyperinflation.
> they debased the Yen to garbage levels
Look at Yen to USD exchange rates and it’s clear they didn’t. “From 1991 to 2003, the Japanese economy, as measured by GDP, grew only 1.14% annually, while the average real growth rate between 2000 and 2010 was about 1%,” https://en.wikipedia.org/wiki/Lost_Decades Meanwhile the USD exchange rate in Jan 1988 was 127 vs 140 in 1998 vs 107 in 2008. It went up and down all through the 20 years of poor economic growth, but something else was clearly the issue.
It did not go into a hyperinflation after the WW2, when the US debt load as a share of GDP was even higher than today; and deflated in the same way US is likely to do it now (bond rates forced way below inflation with yield control).
I am not saying that the process will be pleasant for the US or its citizens. But it is not without precedent and is extremely unlikely to cause hyperinflation. My 2c.
Wow, being that deceptive implies your argument is false.
You imply there some something different around that date, but only show data prior to that date for one of those lines. WTF.
Dig a little deeper and the median wage is calculated by literally asking people roughly what they make and changing the methodology in 1994. Health insurance alone is a big difference in the ratio of people’s nominal wages and their actual incomes between those dates.
1979 is when the Fed began collecting median wage data. Here [1] is inflation data since 1947. You can see that 1979 was well into the funny money inflation era. The reason this is relevant is that it's impractical to literally lower wages - that's going to turn your labor force hostile like nothing else. But with inflation this is suddenly very easy to do - just give people a 2% 'raise' and they're content enough. Some might even be happy, even though that's generally a direct pay cut, thanks to inflation.
Real wages started becoming grossly detached from other metrics in society once inflation started going wild, and I don't think it's just a coincidence. In any case this is why it's very reasonable to think that real wages were even higher prior to 1979.
Looking for the actual causes after seeing your post the death of the US union had an incredibly strong effect on median wages. The wage distribution vs 20th or 80th percentile is quite different, plus a much larger percentage of median wage earners shows up as heath insurance. https://www.bls.gov/opub/mlr/1986/09/art1full.pdf
Also, 1979 isn’t the inflection point on the graph on that page instead 1970 is. Worse inflation slowed down in 1979.
In a perfectly efficient market all entries can make the same profit on a given investment at the same level of risk and time horizon. There’s nothing inefficient about a market having a risk premium etc.
If you're making nonzero profit that means that it's feasible for anyone else (literally anyone else, assuming zero barriers to entry, which we do assume for an efficient market) to make slightly less profit by selling the same product at a lower price, which iteratively pushes all profits towards zero. An efficient market also assumes perfect information, which includes information of future events, so talking about risk/uncertainty is already out of the question. If that sounds absurd, then yes, that's the point: our assumptions about what it takes in order to achieve an efficient market approaches the absurd. Which isn't to say that markets aren't often useful, especially compared to the alternatives, but rather that appeals to rationality don't survive contact with the enemy.
The economy is finite. You can’t infinity add new participants with infinite product to sell.
Instead in an efficient market everyone is already occupied making X ROI and gives as much up by entering a new market as they gain.
Put another way, if you already own a sock with 10% ROI, you can sell it and buy a sock with 10% ROI but the transaction is pointless so it doesn’t occur.
> An efficient market also assumes perfect information, which includes information of future events, so talking about risk/uncertainty is already out of the question.
Perfect information means something different here. In Chess both players have perfect information of the game state, they don’t know the future. Poker has randomness and imperfect information but there’s other games with randomness and perfect information.
First they are capable of fulfilling the request in the first place which means their approach or encryption is inherently flawed. Second companies can very much push back on such requests with many examples of such working, but they need to make the attempt.
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