489 karma · joined January 20, 2020
If a software company did this, my guess is all development would cease for a long time and you may exceed the “bus factor” and permanently kill a large portion of projects. In fact I’m aware of management at one company winding down projects by moving the skeleton crew who agrees to leave to a lower COL city.
This is not much different from outsourcing to a lower COL country.
If Facebook gets a company-destroying fine for each act of wrongdoing, then it’s just a race where the first victims to prosecute get compensated. The slowpokes are screwed because the company has nothing left to pay out. This seems like a less fair system than one where fines are proportional to the value extracted or damages caused by the illegal conduct.
Facial recognition tech, used in this way, seems to throw a bomb into a fragile peace where people can coexist with each other despite having incompatible values.
If the story was “judge declares entirety of Facebook enterprise illegal, punishment is $550M fine” I would get the outrage.
Here is an old paper from 2001 that talks about how ratings agencies were using this math: https://www.jstor.org/stable/4480294?seq=1
The devil is in the details - even if you understand the math, you have a lot of choices to make. Ultimately you are going to have to set parameters on your model where the data to estimate the parameter accurately doesn’t exist. And at that point, math suddenly turns into opinion.
The same money spent on content has higher ROI the bigger the subscriber count is -> the more/better content they produce, they more subscribers they can get -> the more subscribers, the more money they get to play with.
The mix of lower and higher-end content probably makes sense because the low end content is cheap to produce and caters to people with niche interests, or people who watch constantly and just want something new to watch.
To give an analogy: “family car” is a good way of describing a safe car that fits a lot of passengers. But if you set up your SUV for rock-crawling and somebody calls it “a nice family car” you might consider it a slur.
And no, I don’t want to shut down the busses. I’m describing why so few people are using them, and why self-driving cars have a better chance of success. In fact, I think self-driving is a necessary ingredient for a public transit system that meets everyone’s needs in the US. I think buses are a natural park of a self-driving network - a dynamic dispatch system can use them on the most in-demand routes.
Right now in America, the vast majority of people are driving solo to work. Even if self-driving vehicles merely double the capacity those vehicles handle, that seems enough to fix our transit problem.
I think other approaches like “rise up and destroy capitalism” would protect the environment faster if successful but have less chance of success.
The self-driving car will presumably be a similar experience to the Uber, but addresses the labor issues that are the main problem with that model.
Top schools are full of high class young adults. That includes wealthy kids and lower-income kids who nevertheless have high status in their own communities. Many thousand such people studied social justice in humanities classes in the 90’s. They spread those ideas to their classmates, and after graduating, moved on to lead successful careers in law, education, politics etc. where they spread those ideas to more people until they filtered out to society at large.
The missing link you are asking about between academic papers and mass media articles is that the journalists who wrote the mass media articles studied the academic articles in college. I know this firsthand, I went to college with some of these people.
For me personally, a big part of the appeal of the social justice mindset is that it helps me feel like I’m on the good team while earning gobs of money for doing easy work in the tech industry while a lot of others are working hard and struggling. I imagine it’s similar to the popularity of communism in intellectual circles many decades ago, before that ideology was discredited by practical failures.
Maybe a more scalable solution would be a third-party company that sells this information. I think there’s a lot of money to be made there.