It's a pretty good way to manage IT infrastructure at a very large scale rather than just relying on every dev to configure their infra perfectly and check in on the web console regularly to see if AWS raised any possible issues.
175 karma · joined February 17, 2019
It's a pretty good way to manage IT infrastructure at a very large scale rather than just relying on every dev to configure their infra perfectly and check in on the web console regularly to see if AWS raised any possible issues.
Also, lol at the very same circular reasoning the above mentioned whereby agreeing with his ideas is wrong because the people his ideas attract are already wrong.
This isn’t a new phenomenon, but it’s a definite shakeup of an industry that didn’t have to deal with this issue as much before. It’s similar to how credit card networks like Visa and Mastercard inserted themselves into the payments space. The ease of use these services offered customers simply outweigh the option for sellers to not use them. Sellers already didn’t like how these companies skimmed a few percent off of every purchase. Now you have delivery apps which are taking far more significant chunks of revenue out of each transaction.
However, how many customers know how much of what they’re paying is going to transaction costs? Some stores and gas stations offer slightly lower prices if you pay with cash instead of card. Customers are given this awareness so they understand that they are paying more for a feature.
Takeout apps not only add to the transaction cost, but also control the interface between the customer and restaurant. A restaurant wouldn’t even have the option to tell the customer how much of the price of their food goes toward middleman fees because it’s not in the takeout services’ interests to surface that info in their app. Instead, they can hide away the details of price differences between restaurants and then play sellers off against each other for their own benefit. Even credit card networks don’t have that much control over the entire transaction process, but these new end-to-end marketplaces control both factors in order to pawn off blame on the sellers.
If this continues, I foresee these takeout services exerting so much control over small-business restaurants that the restaurants either fold or all be homogenized under whatever the takeout services will. Given the propensity for vertical integration these days, the takeout services will probably just stand up their own food services in place of the restaurants, similar to what Uber ultimately wants to do with its drivers. Small business won’t be able to compete and even more local restaurants will disappear. Some will continue to exist as a niche as demand for variety/personable service and low prices/convenience fluctuate back and forth between stabilizing somewhere in the middle. This will probably be at the expense of customers and society as a whole, given that restaurants are one of the last bastions of small business in the ever globalizing economy.
In order to combat the shock that restaurants face while takeout apps hold a huge level of control over the marketplace, public institutions and personal will are needed to keep these apps from becoming too powerful. I see it as a more proactive form of anti-trust enforcement. Otherwise, you’re looking at a future where local restaurants probably won’t exist.
Democracy (or perhaps bureaucracy) just de-risks the chance that your government fails you through diversification of parties involved, similar to diversifying your investment portfolio. Given that human nature tends to lead people into the "asshole" column, I can understand why democracy would be the preferable of the two approaches.
But then later the author rails against how economists are too beholden to their own "bias" and "political" beliefs. So which is it? Are we to utilize evidence to help justify our decisions, or should we base our policy decisions off of our gut? It sounds like the author prefers that we defer our social policy decisions to philosophers, a profession even less beholden to hard evidence to back their conclusions. But bias and political beliefs are simply an extension of personal philosophy, so... you would just end up right back where we started trying to reduce personal preference leaking into hard facts and poisoning the problem-solving process.
It's one thing to say that we shouldn't elevate scientific findings and theories (and in turn their founders) to dogmatic levels. Science is a technique to offer answers to problems; nothing more. The technique and its findings can be incorrect or misused or simply misunderstood, but I don't see how the alternatives proposed are any better. Yes, it would be nice if we (and by extension, our elected officials) could have come to the conclusion about the ill effects of the draft based on an argument like "it's bad to force people to go to war for a cause they might not believe in", but that is an open-ended philosophical question and is why we have a democratic process in the first place. We all get a say in what our values are and how our public policy aligns with those values.
I feel like the author does exactly what he argues against: hand-picks a number of data points (very loose ones in this case), packages them up into some kind of position that backs his worldview that things are not going the way he would prefer, and then uses that to argue a deeper philosophical point rather than just get at the concept that scientific findings can often be abused (maybe because that is a much harder problem to solve than just saying economists suck).
Don't even get me started on the fact that the author refers to economists as "privileged" and infers that they are a social class which "came to enter policymaking and insinuate themselves into the governing class". As if people in the field of economics are just born into this powerful bubble in society and should shut their mouths because they simply got lucky in life; not that many of them worked hard to get in to their current profession.