sgtlion [any]

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  • 68 Comments
Joined 4 years ago
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Cake day: October 29th, 2021

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  • It’s not the answer by any means, but within this system, I would personally fully recommend self employment to anyone who feels they could do it. Self employed in a B2B trade was the best part of my career, and I’m hoping to soon to get back to it.

    Full autonomy, got a modicum of respect, I got to tell assholes to fuck off, wrote off so many expenses for tax, I learned a lot.

    Obviously YMMV greatly, but in my experience it gets a lot of unwarranted flak as an option. And admittedly not quite what people tend to mean when they say ‘Entrepeneur’.





  • Lol. We got an “At what cost” and a “China’s economy will crash any day!!”. And a “won’t somebody think of the ludicrously rich people?!”. This needs to be a bingo board at this stage.

    China does have a domestic debt issue it’s trying to address by promoting consumption, and I would say sprawling food delivery industries are problematic, but these are currently minor, easily addressable issues.

    I’m not convinced the world’s biggest holder of foreign reserves is going to hit uncontrollable deflation anytime soon. Nor do I think a failing “cocktail stall” (whatever that is) business and a person not being given a job are exactly indicative of national collapse.







  • It’s easy to get caught up in complexities. But the difference between bubbles and booms is just about the balance of time + capital going into a thing vs value that comes out.

    Now I have seen some marginal value come out of AI. I personally reluctantly use it because I’m forced to if I want stay competitive in my tech job.

    I don’t see a value from it that is anywhere close to the level of investment that’s gone in, basically nobody does. For all the memes, it really is just a markov chain with more dimensions. The whole question of bubble/boom is whether AI will be improved to a much more useful state (eg “AGI”), or whether we’ve hit an effective dead end with little but marginal improvements left until a real revolutionary step comes in 10+ years.

    I don’t personally see AI reaching a fundamentally more useful state anytime soon, I think we’re at the end of this S curve. It’s an interesting discovery with limited useful applications, but as things stand it’s just a “fairly good” guess machine. Given that nobody seems to be making any fundamental improvements anymore, nobody can clearly state what the next step is, and we’re just jamming on extra tools and APIs, and 90% of people’s belief in it comes from overhyped marketing, most entities will rightfully give up on it / heavily reduce their usage in a few years.

    With that being said, it’s quickly becoming a market that’s too big to fail. I actually think the biggest chance of it NOT being a bubble is governments desperately and artificially propping up the industry.





  • The Communist Manifesto is a very short read, but I mean come on, page 2 is literally about defining changes from feudalism and capitalism.

    Libs make an argument that isn’t refuted by a 30 page book challenge IMPOSSIBLE:

    Our epoch, the epoch of the bourgeoisie, possesses, however, this distinct feature: it has simplified class antagonisms. Society as a whole is more and more splitting up into two great hostile camps, into two great classes directly facing each other - Bourgeoisie and Proletariat.

    The feudal system of industry, in which industrial production was monopolised by closed guilds, now no longer sufficed for the growing wants of the new markets. The manufacturing system took its place. The guild-masters were pushed on one side by the manufacturing middle class; division of labour between the different corporate guilds vanished in the face of division of labour in each single workshop.

    Meantime the markets kept ever growing, the demand ever rising. Even manufacturer no longer sufficed. Thereupon, steam and machinery revolutionised industrial production. The place of manufacture was taken by the giant, Modern Industry; the place of the industrial middle class by industrial millionaires, the leaders of the whole industrial armies, the modern bourgeois.


  • From an excerpt:

    A confession: I am no true believer in markets as the best arbiter of how our society should work, who should be in charge of it and how its productive capacity should be organised. Like other leftists, I am deeply suspicious of capitalism. I understand the temptation to look at all this verbiage about enshittification, throw your hands up and say, “What do you expect? Capitalism always produces crises of production. Enshittification is just a sweary euphemism for capitalism.”

    Take Amazon: to fix Amazon, we need policy solutions. We need to ban predatory pricing … We need to impose structural separation …We need to end its most favoured nation deal … We need to unionise its drivers and warehouse workers. We need to treat its rigged search results as the fraud they are.

    There’s a lot I don’t like about Cory Doctorow, and lots to criticise, but I do think he’s generally out too improve stuff.