2,351 karma · joined October 24, 2016
Removing 5K accounts for a nation of 81M people is like removing 15-20K accounts for the US, so it is basically nothing, IMO. Consider that back in 2017, there was an article stating that "As many as 48 million Twitter accounts aren’t people, says study" [0]. Until we speak about millions of accounts, these 4,779 are nothing in terms of influencing public opinion. I will happily sell a Brooklyn bridge to any authoritarian leader who believes that 5K fake twitter bots that are not followed by real people can make a difference.
[0] https://www.cnbc.com/2017/03/10/nearly-48-million-twitter-ac...
"Twitter accounts claiming to be located in Iran and throughout the Middle East pushed out many thousands of tweets under a handful of hashtags, such as #HardRevenge and #DeathToAmerica", well, Iran has population of 81 mln people.
I can easily see 'many thousands of tweets' by legit real supporters of Iran regime, considering that Soleimani was considered a war hero. Honestly, for a country with 81 mln population, 'many thousands' does not sound like a lot. It's not even 'tens of thousands'.
Shitty jobs are not must vulnerable, quite opposite in fact. Automating some 400K/year quant job at hedge fund makes morse sense than automatng MCjob that pays 40K/year. More to that, shitty jobs are hardest to automate (we are nowhere close to good janitor robot, for example).
Also, you can not outsource cleaning toilets or hairdessers, but you can software development or building trading models.
I read some opinions about HK protests, and they were saying, basically, that HK youth has no chance to buy an apartment and live a good middle class life, hence the revolt.
This is something that is not captured in GDP growth metric. To me it makes perfect sense. What is the point of, say, 5% GDP growth if you pay 1/2 of your salary as rent and will never accumulate enough dough for downpayment?
Funny how these things work.
so, basically, doing what every publisher is doing.
Oh,and far-right message was about supporting Israel. Which is, well, you know, very popular far-right trope.
You had a good chance of getting almost any college degree, good job and ride the happy 90's without student debt and paying off your mortgage for a property that will increase in price at least x2 next decade.
In a country of 300M people, you will never, ever get rid of some injustice and tragedy. You will always have some rapes, some orphans, people wrongfully jailed, stuff like that. That's just a harsh truth of human existence and I accept it as a mere mortal.
But let's be concerned about an agency abusing it's power and harming 151 people per year. Student loan industry makes millions of people miserable each year, and contribute to "young people in US dying at high rates", but since it's all within the law and said industry not abusing it's power at all, we can just disregard it.
Honestly, it's just a crazy talk to me. Let's abolish ICE and death rate for young adults in US will improve instantly, right? Or maybe let's fix that 1.5T of debt which literally kills mostly young adults?
Yes, and again, how many people default on their student debts each year? Probably x100 times more? And the outcome is more or less the same? And still ICE is the problem?
Honestly, I just don't understand the priorities here, and again, zero sarcasm. Student debt is 1.4 TRILLION dollars, if you dont repay it you end up late on rent, go without medicine, have your wage garnished, but let's revolt around 151 people each year being detained for some time.
Honestly, if I was looking for systematic persecution, I would rather look at student debt crisis, if I correctly understand what "systematic" and "policy failure" means. (English is my second language).
EDIT: "7.5 million student loan borrowers in default and nearly 2 million others seriously behind on their payments", source NYT. Surely 1511 beat 7 500 000 as "systematic" and "policy failure".
EDIT2: And if we speak frankly, "Young people in U.S. dying at high rates" is the reason their crippling 1.4T debt or their crippling fear of being detained by ICE?
Now, honest question, no sarcasm.
~100 people die EACH DAY in car crashes in USA. 25 people die annually due to lightning strikes.
Is there any chance to not being depressed with all of that stats? I mean, if 150 detentions per year in nation of 327 million people (0.000045%) make you depressed and terrified, what are your chance to feel yourself content and happy?
Cisco went from 77$ per share in 2000 to $10 per share in 2002, while being public (so the value was much more real than WeWork, you could hit the 'sell' button to make it real money in 5 minutes, unlike WeWork equity).
IIRC it was valued around 500 billions in 2000, so it was much larger destruction in value. It still hasn't recovered, with $45 per share right now, never reaching its 2000 peak during these 19 years.
Honestly, I think investors were quite aware of what kind of business WeWork is. They were hoping to dump the whole hot mess to public markets and walk away, and they failed.
Bob Hoffmann, very influential figure in advertising (http://adcontrarian.blogspot.com/) likes to point out that there were not that many companies which built their strong brand with online advertising only.
OK, he is old and grumpy dude and he dislikes online ads, but this is a fair point. Once company becomes big enough, it strives to buy a Super Bowl ad spot. And we are well into 10 years of internet being mainstream media, but how many brands were built online only? Not that much, and I'm saying it as "online ads work", kind of guy.
I spent 6 years working in ad-tech, and I was researching the incrementality effect of ads, selection bias and stuff like that for last 3 years. I want to let you know that your article is good. Online advertising is not a bubble, but your article perfectly explains why it is much harder than it seems.
This is funny, because on HN you often see complaints about online advertising being horrifically bad because "it suggests me the products I have zero interest in", hence "online advertising sucks".
But that's the whole point! These people are complaining that they are not getting pizza coupons when they are entering pizzeria!
If it will suggest you something you are interested in already, chances are, you will buy it anyway. And if you will be suggested something strange and you will buy it, it will be incremental customer and incremental sale, and you might even become a regular client.
In soviet russia, kommunalki host you (https://en.m.wikipedia.org/wiki/Communal_apartment)
Why should I establish my position in a single huge trade, instead of slow accumulation thru the whole trading session? Do I really want to trigger some alarm in SEC system?
G.K. Chesterton, circa 1924
But what exactly is going on? It's not like google going to blackmail you for 10K USD in cash, single payment please, once it will learn that you are going to the same pub and spend 2 hours there daily, "or we will let your boss know".
It will show you more relevant ads, right. But do you really expect an average person to be scared by this?