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stu432

39 karma · joined July 19, 2017

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stu432··on UK energy bills are soaring to record highs
Pretty sure the pricing mechanism was cooked up by economists to encourage investment into renewables who will be making stonking profits right now. Unlike gas plants...
stu432··on UK energy bills are soaring to record highs
This is a good read that explains a lot of how the market works https://www.politico.eu/article/why-europes-electricity-is-s....

Basically to enable recouping investments in primarily wind/solar since they have no real ongoing input costs. The article explains it well, but doesn't paint a good picture until those future storage technologies are here.

stu432··on UK energy bills are soaring to record highs
Wholesale rates aren't fixed. I think you may be referring to where the government has invested a significant amount into a power station and so agrees a strike price/contract for difference setup for an agreed number of years, which were often woefully unfair to the taxpayer. Though, current prices even start to make Hinkley Point look like a good deal.
stu432··on Oil profits raise questions about tax, green investment
Clearly he wants to return to pre-industrial times, with no plastics, no medicines and no fertilizer. Taking role-playing to the next level.
stu432··on BMW introduces new heated seat subscription in UK
I'm pretty sure the end state here is that you just have a car-as-a-service. Now you can use the same car for someone who wants premium as someone who wants basic. After all, you will own nothing and be happy.
stu432··on On Being Broke
Alcohol abuse is rampant in the well to do classes as well, they just buy better stuff that won't kill you as quickly. See Boris Johnson.
stu432··on Google increases parental leave policy to nearly 6 months
If it couldn't it's a terribly run company. Bus factor can strike at any time.
stu432··on Tech workers are preparing to quit. Persuading them to stay won't be easy
The UK, like the US has pronounced wage differences between regions, but unlike the US we're all in the same timezone. As a result you now get significantly better London wages being offered to northern workers, combined with the cluster that is IR35, brexit and increased demand for these skills from CoVid. Perfect storm of demand surges, supply contracts, wages go up.
stu432··on Because of high unemployment benefits, businesses can't find summer workers
In the UK, furloughed workers can take other jobs without affecting their payments. The Land Army drive to fill in for normal seasonal workers failed heavily to get 80k signed up despite millions literally sitting at home twiddling thumbs.
stu432··on $1B solar plant was obsolete before it went online
Unless all the scientists do is theorectical work, you're going to need a lot more than that to pay for equipment, materials and other resources required to actually do some experiments, develop poc's etc.
stu432··on United Kingdom Budget Visualization
If you think the raise of pension age is a one-time event, I think you'll be sorely disappointed.
stu432··on Sunsetting Hire
A ten person startup, turning over 50 million, with a few million of profit??? Where do I sign up?
stu432··on More than 7000 refrigerators found online with default user/password
These aren't consumer refrigerators, these are industrial refrigerators, most likely exposed to the internet intentionally for remote monitoring purposes by sysadmins who should know better.
stu432··on Hottest places in the world in the past 24 hours are all in Australia
No credence is given to climate change deniers, credence is given to the economy, jobs and bribes (in reverse order).
stu432··on How to Be Successful
Don't get hung up on the investors, aside from the f&f's class (who should know better to never lend money you can't afford to lose). Most investors know the risks, spread it appropriately and get tax advantages so that a loss results in a financial hit equal to small proportion of that loss. If anyone feel sorry for the tax payer, but then again you're paying for job creation, so swings and roundabouts.
stu432··on Apple will reportedly launch a credit card with Goldman Sachs
Well yeah, they only got the license to get their hands on the bailout money [1]. They must think they're going to make some serious money off this, as they had no real appetite to get into retail any other way.

[1] https://www.theguardian.com/business/2008/sep/23/morganstanl...

stu432··on Laundering Money On-line: a review of cybercriminals’ methods [pdf]
Good idea, but I think a boutique store claiming lots of cash based transactions would send alarm bells ringing. Buying an $8k chanel handbag in cash would be very unusual.
stu432··on Many Bitcoin Miners Are at Risk of Turning Unprofitable
Easter Island mk2!
stu432··on Mark Zuckerberg Says Facebook Collects Internet Data on Non-Users
Not even close.
stu432··on Mark Zuckerberg Says Facebook Collects Internet Data on Non-Users
So do literally millions of other companies. Your face (and mine) are stored for weeks/months, maybe even years, on CCTV systems globally without consent, documenting where you've been, what you've done, who you're with etc. Your phone does the same.

We went down the rabbit hole a very long time ago, why is it only now that people are starting to realise what it means?

stu432··on Non-profit’s $300 hepatitis C cure as effective as $84k alternative
Yes, I would, and then I'd pay for an army to go shut down my competitors because there's no government to stop me and then 10x my profits.
stu432··on We saved $50k/year with a Go microservice coded in a hackathon
I mean, not really, theres no magic in Postgres' implementation of the pattern. They even spell it out for you:

"can be useful in various scenarios, such as rows with many attributes that are rarely examined"

They are querying these quite heavily, they aren't just random attributes they need to retrieve.

stu432··on Facebook Sued by Investors Over Voter-Profile Harvesting
Ha, the United States who forces globalisation for everyone else but can't handle it themselves!
stu432··on The hidden costs of serverless
For the majority of use cases, involving relatively static workloads, the cloud doesn't offer many financial benefits, as you say, particularly if you have access to a competent infrastructure engineer (which are harder to find than you'd think).

My experience of cloud has generally been around gambling websites, which have a very distinctive use case pattern, with daily peaks and troughs as well as seasonal peaks and troughs. There can be as much as a 25x difference in throughput between these occasions. For these sites it's a case of implement scaling natively in the cloud and stop worrying about capacity forecasting or invest millions in infrastructure upfront and watch it idle 90% of the time.

The financials simply work in this field, as I'd guess they do in serious online retailers with seasonal demand. However your average 2 web server, load balancer and single db server, not so much.

stu432··on Blackbird: Bitcoin arbitrage
Because to benefit from an electric car you don't need to care if the stock is overvalued or volatile. To benefit from crypto as a currency, you kind of need to not lose your life savings in the space of an afternoon due to volatility.
stu432··on The Case Against Civilization
I'll just leave this here... https://primitivetechnology.wordpress.com
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