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temporalparts

936 karma · joined March 15, 2017

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temporalparts··on Uber self-driving trucks are now moving cargo for Uber Freight customers
Automated Teller Machines (ATMs) were set to put Bank Tellers out of a job, but since its introduction, the number of Bank Tellers increased [0]. While I can't guarantee that something similar will happen for truckers, automation does not guarantee that fewer humans will be employed doing that specific job.

[0] http://www.aei.org/publication/what-atms-bank-tellers-rise-r...

temporalparts··on A Supreme Court Case That Could Give Tech Giants More Power
The people who actually pays for this are cash and debit card users. Because there is a single price for merchants, the merchant charges marginally higher to cover the cost of the transactions. Credit card users are less impacted because credit card companies convert a portion of the revenue into incentives for their card users to continue using their cards. (Chase Sapphire Reserve anyone?)

Here's a good paper that goes into this: https://www.bostonfed.org/publications/public-policy-discuss...

From the abstract: On average, each cash-using household pays $149 to card-using households and each card-using household receives $1,133 from cash users every year.

temporalparts··on Amazon and Apple hit by EU tax crackdown
I agree that taxes are amoral, not a matter of moral consideration. Companies cannot be expected to pay more than legally required, as their competitors would be doing the same. It would be immoral to expect them to follow anything else but the legal requirement.
temporalparts··on Michael Seibel, CEO of YC, is doing an AMA
What do you think the most over-saturated space is right now? What are the biggest unaddressed opportunities that you have seen?
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