matthest

6 ms·

1.
by matthest 2mo ago
Not US-centric, top dog-centric. The US is just the current top dog. The US is a barrier to a number of key Chinese goals, like reunification with Taiwan. So of course most of what they do will take the US into consideration.
2.
by matthest 3mo ago
The precedent for this is terrible. MAGA is bad enough. Imagine if the current batch of US progressives, who have 0 idea how any of this works, wins the presidency and gets to decide who gets to use it.
3.
The "Low Trust-Open Source" Paradox of AI Adoption in China(sinocities.substack.com)
2 points by matthest 3mo ago|0 comments
4.
by matthest 4mo ago
Creator monetization, which is great. In general though I feel like the less new features it adds, the better.
5.
by matthest 4mo ago
The pyramids took 20k+ people to build, which inevitably requires division of labor/specialization. Some chunk of that population had to mine the copper, which was probably an absolutely terrible job with ancient technology. Serfs were
6.
by matthest 4mo ago
Marx was half right about it. What he got wrong was that this alienation results from capitalism. It actually results from civilization. The people who built the pyramids across every continent, for example, performed assembly line-like wor
7.
by matthest 4mo ago
Every biological being works to survive. Being good at survival is what builds self esteem. The "problem" with many modern jobs is that they're divorced from the fundamental goal, which is one of: 1) Kill/acquire food, 2
8.
by matthest 5mo ago
This is a bit reductionist. AI is also: - Boosting existing small businesses and enabling the creation of new small businesses by making previously expensive resources like market research, accounting/legal advice, etc. available for $
9.
by matthest 5mo ago
Goats > glyphosate
10.
by matthest 5mo ago
1. We stopped allowing housing to be built, skyrocketing the cost of existing housing. 2. Our healthcare system remains a Frankenstein of a half-government sanctioned oligopoly, half-capitalist nightmare. Driving up the cost of healthcare.
11.
Pepsi was warned $7 for Doritos was too much. Now they are paying the price(independent.co.uk)
9 points by matthest 5mo ago|0 comments
12.
Scott Wiener and Garry Tan Team Up to Fight Big Tech's Anti-Competitive Behavior(kqed.org)
1 points by matthest 6mo ago|1 comments
13.
by matthest 6mo ago
Not sarcastic. Anything that helps keep markets optimally competitive is good for capitalism.
14.
by matthest 6mo ago
A win for Adam Smith capitalism.
15.
AI creating more jobs than cutting them, study says(hcamag.com)
2 points by matthest 6mo ago|0 comments
16.
by matthest 6mo ago
Power structures still exist for sure. But objectively, there are tens of thousands currently making a living from YouTube who would've never been able to become entertainers if Hollywood was the only game in town. The barriers to entr
17.
by matthest 6mo ago
It's undeniable that technology over the past decades has increased democratization in something every step of the way. YouTube destroyed Hollywood's monopolization of entertainment. Anyone with a smartphone now has a shot at be
18.
Zoning ruined the housing market in blue-state America(realtor.com)
3 points by matthest 6mo ago|0 comments
19.
by matthest 6mo ago
Ah ok sorry missed that you were talking globally instead of just US. In the US, our problems stem from a lack of "capitalism," or healthy markets, or whatever anyone wants to label it. Bottom line, it's very much a supply si
20.
by matthest 6mo ago
Respectfully disagree. Food, clothing, fuel, electricity are too expensive, but they are comparatively much less of an issue compared to rent and healthcare costs. Rent and healthcare are the 1A and 1B issues of our time. As far as health
21.
by matthest 6mo ago
The cost of living crisis is almost singularly caused by poor governance, not feudal tech lords. NIMBYism prevents new houses from being built, driving up the cost of housing. Healthcare is for-profit, yet not allowed to operate like a true
22.
by matthest 6mo ago
Note that this is CNBC and they're writing from a stock market line-go-up POV. For everyone else, this is good news. From the article: "Huang was validating what the rest of the market has been witnessing. An independent developer
23.
OpenClaw's ChatGPT moment sparks concern that AI models are becoming commodities(cnbc.com)
3 points by matthest 6mo ago|2 comments
24.
by matthest 6mo ago
Read the article, it actually raises some fascinating points that are agnostic to the possibility that he may be financially well off.
25.
Figma's stock drops 11% in two days after Google releases 'vibe design' product(cnbc.com)
18 points by matthest 6mo ago|1 comments
26.
Austin’s surge of new housing construction drove down rents(pew.org)
815 points by matthest 6mo ago|999 comments
27.
by matthest 6mo ago
Eh, buying and holding the S&P 500 (the Vanguard Bogleheads strategy) has allowed a lot of people to retire early.
28.
by matthest 6mo ago
Definitionally the 1% is people making ~$800k+ a year. Upper-middle class is people making ~$200k/year. A lot of people have moved from middle class to upper middle class over the last decade. Both those categories are outside the 1%.
29.
by matthest 6mo ago
Wealth inequality is increasing, but the wealth isn't all flowing into the 1%'s pockets. Lots of middle class people have graduated into upper-middle class: https://www.aei.org/research-products/report/th
30.
by matthest 6mo ago
The study doesn't say it went into the 1%'s pockets. It says it went to 2 places: 1) The salaries of corporate employees 2) Shareholders and capital owners Regarding number 2: "Shareholders" would include anyone who owns

More ›