larryett

Not to mention the Fed's balance sheet https://fred.stlouisfed.org/series/WALCL

4 trillion more and doubled since the start of 2020 is crazy.

Same here. There is a valuation expectation from 20 years of low inflation and food culture that has completely upended eating out for me.

I am trying to flip this to a positive with eating less in general and eating less meat.

It is absurd to say there is no place to walk in the suburbs. People just walk on the suburban streets. Most suburban streets are obviously not the highway. I just got back from a walk in the suburbs and passed 5 other people out for their morning walk. I don't think I even passed a car.

My impression of mall walking is that it was largely used by people when the weather was bad.

What I find interesting is "artificial neural networks are indeed conscious and intelligent beings". You can see based on that response what a confused mashup human thought is on this subject with the training data.

As if consciousness, intelligence and being is all the same thing. Interchanging these words is the standard way of having this discussion in English.

He is just trying to find a way to lower his offer because market conditions have changed that quickly and the original offer is a bad deal at this point.

This is all a side show and negotiation tactics. Really not bizarre at all. The original offer is at least 10 billion or so too much now.

Fraud and collectibles practically go hand in hand.

The FBI estimates 70 percent of all autographed sports memorabilia are frauds.

I have a ten year old blog that no one has read but myself in 9 years.

Keeping a journal has a ton of value, people have known this for a long time.

You could just buy a notebook and pen at Walmart for $2 and start writing down your thoughts.

I can't think of a bigger waste of time at this point though than to start writing down your thoughts with the only intention of monetization. If you don't care about other people reading your thoughts, things become really simple.

St. John's list of books the students have to read is even more impressive IMO. https://www.sjc.edu/academic-programs/undergraduate/great-bo...

I think it is a shame we don't have some kind of structure in society that a person can take a type of sabbatical at 30, 35 or 40 to read these books.

Even respecting St. John's to the degree I do, I don't know if that is the path I would want my 18 year old kid to take. It seems to me that a person needs a decent amount of life experience to contextualize the importance of what is contained in the classics.

Otherwise, it seems like it would mostly be memorization for test taking purposes that is quickly put to the back of the mind.

"our portfolio of high-yielding stocks and mutual funds paid roughly $130,000 a year in dividends"

I mean can you imagine? That would barely keep the wine cellar stocked let alone anything left over to afford original works of art.

Are you trying to say if Amazon works less hours delivering packages , less packages will be delivered because they are already pushing every productivity edge possible?

That is shocking to me. It feels like I just push these buttons and the package shows up to my door like magic. I assumed everyone has a job pushing buttons so why would we waste time pushing buttons for more than 4 days a week.

The problem is western society doesn't really believe in science at this point to save us, it believes in technology.

All our problems are just the engineering problem of AGI. Why waste money on something like this when AI will be "smarter" than us by the time it is built?

We should just do nothing and wait for AI to build the instruments it wants.

Maybe there is the slightest hope in this "overpriced" and long delayed space telescope that is getting ready right now but even with that the narrative will end up being how "AI finds alien planet" or "AI sees first star in the universe".

To really build a new LHC it just needs to be marketed to the populace as a tool for AI research. Done. Everyone knows AI is the future and we are not so stupid to skimp on AI research funding.

Spend all that money on researching particle physics though? What a fucking waste of money.

If only we had mandated VGA 20 years ago I wouldn't have to stress over all these different connections under my monitor.

You can't possibly believe what you typed.

This is so absurd and disrespectful to the Native American warriors. Only a person completely ignorant of basically anything to do with Native American history would say something like this in this context.

Not to mention, you can't map out "work" as one monolithic activity. Machine learning to delivering pizza.

I also don't think you should conflate society as a whole with an empathy-based irrational class of highly compensated knowledge workers.

If you take pizza delivery for example this is really just an argument about the number of hours per week for mandatory overtime as practically all non-knowledge work is best measured in hours of labor.

Lowering this to 32 hours for pizza delivery is rewarding economies of scale that can better absorb higher labor cost. Rewarding Pizza Hut at the expense of the locally owned pizza place that goes out of business.

Pretty much in line with economist Joseph Schumpeter 100 year old prediction about the end of capitalism in that that our capitalist system will be so successful that it will create a class of people with so much leisure time that this class has nothing much to do other than to try to improve the system and in turn destroys it.

If you mean at the highest levels of sport though, great genetics will completely overwhelm whatever work the less genetically gifted are doing.

This to me is the real problem with over specialization. You have less than gifted parents living out their athletic dreams through their kids but if the parent wasn't that good at the sport there will be correlation with the kid not being that good.

Kids shouldn't specialize in sports too young because there is such a great chance they are not in the right sport at 11.