vasametropolis

If you are a subscriber to the Globe I’d honestly report the article. It’s based on skewed evidence and the author had questionable integrity to write it. Investors would almost certainly be better off with more competitive options.

Canada - Vector

You can’t

You can - the software would have to hook into a background check service. This can absolutely be done.

Profitable for who? The one hosting it foots the bill. If it was federated, all drivers could host their own instance like WordPress and a single app would connect to all instances and all drivers.

Agencies could start up to manage the tech for a negotiable fee if the drivers in the area didn’t want to bother with the tech.

Whether or not it could be profitable entirely depends on the hosting and delivery model. One guy could host the tech stack and charge maintenance fees and be in the green.

If you mean rich, then yeah, nobody would probably be rich. But you can build a small business as a hosting provider no problem, and the drivers would probably get a better deal. Uber employs so many people it requires they charge money. There’s a tipping point when the service provider becomes so large that their sheer operating expenses start to necessitate increased costs. Breaking up provides better value in that case.

Can you say “anti-trust”

He’s not wrong in this case, it’s doable. There are many startups building similar services with arguably fewer starting resources. You should run completely in the other direction, but it’s not impossible.

Credit products, especially virtual, are easier to create than ever thanks to companies that have built out that infrastructure. Chequing can be facilitated and held by a major bank under the hood in most cases.

It might not be his end game, but it’s definitely possible. Now, forgive me while I weep for anyone that uses it if they manage to deliver it.

Great games feel fewer and farther between after this long. Yes, you get a Witcher 3, or Baldur’s Gate, or Zelda sometimes. But really, and it sounds fucked up to frame it this way, they’re merely excellent. And I’ve played a lot of excellent games, so unless one is on a tier never before experienced by anyone on Earth, eventually things feel less special for some reason. It’s fair to say that some games are innovative, but they are very few. The best we usually get is stuff we’ve seen before, just insanely well polished/tweaked on ocassion. Ultimately, there’s not a lot new if that makes sense. It’s sort of a been there done that vibe, and it’s probably just a sign you’ve played too much good shit. Like an addict that has hit the same pipe too many times lol.

Apparently, the Zuck fucks

I don’t think they did?

It has been predicted for years that the Internet would split and I’m all for it at this point.

It has to be satire.

I wouldn’t undercut yourself so much - they have more experience but every situation is different. Inflation in July was largely due to increased mortgage payments (2.4% if you exclude mortgage increases from rate increases). So when the only knob they have can also cause a bigger issue, it’s fair to criticize that they are just going with the flow and praying. If you jump from 0.25 to 5 in such a short time frame, you just worsened inflation on mortgages while improving everything else to the point where it might all cancel out.

They are absolutely flying by the seat of their pants and throwing the average worker under the bus.

Interest rates don’t unilaterally fix inflation though, which the BoC is either too stupid to admit or too reckless to care.

Raising interest rates won’t fix inflation driven by gas prices.

It’s employee hostile so their job is almost impossible.

Every employee should hold the line - if they fire you all they’re fucked.

Trouble completely avoiding it? Yes. I exclusively treat it as a search engine / knowledge resource now though, which I think is reasonable since it’s a part of the Internet.

However, I contribute absolutely nothing to it and am now always signed out. Over time this would lead to it becoming an archive while decentralized platforms become the real meeting ground where new knowledge is accumulated. It’s a long-term play. There’s so much information on Reddit that it would be foolish to completely write it off - this is going to take a really long time, but anyone here knows that.

It took years to build Reddit to its glory and it will take years here - at least there are some awesome apps already and it feels like there is a good head start this time. We should not call out people for using Reddit for information, but we should encourage people to contribute to a more sustainable, community run alternative.

You’re not entirely wrong on productive assets, but what are they? Stocks? Progress has basically all but stalled in most areas. The new trend is rent-seeking and the market is totally stuck sideways. There is nowhere for money to grow and nowhere to hedge it against inflation. Cryptocurrency is even performing poorly. At least property entitles you to a real thing - land. I’m way more keen on stocks but they’re performing like shit.

Yeah, this seems low. Unless almost nobody has mortgage debt. Because, surprise, most can’t get into the market. So that would be pure student loans and credit card.

The banks have shockingly bad technology and staffing these days, so I’m halfway between thinking the numbers are doctored, or they just have no idea how to pull the data.

Ya, this guy is toast. He just told the world he thinks his product sucks - the sane know he’s wrong at least.

They seem hell-bent on tearing us down at this rate and it’s becoming very hard to not take it personally. Not sure what the endgame is, but I really don’t care what happens to the older generations at this point. I’m very fortunate to have had pretty well paying jobs overall and saved like an absolute mother fucker and eventually got a small ass condo in a desirable area - I’m renewing my mortgage and I have to put down $50K to just keep the same monthly payment. But I won’t give them any more interest than I have to - they can get fucked.

Then they felt it necessary to lay a bunch of us off on top of it to add insult to injury.

To anyone else with less, I seriously don’t know how you put up with this shit. I can barely stand it with what I have - it’s still a far cry from where we want to be.