47 karma · joined February 22, 2021
With a smart contract, there can be no negotiation and attempt at reconciliation. The price here will never recover from $0, so at a single point in time $248,000 was transferred from bag holders to beneficiaries.
Also surprised they are not leaning more heavily into the existing identity solutions in the countries they are already operating in, like the Netherlands and the Nordics. Maybe hard to differantiate from existing competitors?
Also in my country, in Europe, Klarna is mentioned more and more in news articles about consumer debt and predatory lending, so I think their market share among people who keep credit card balances is increasing. They have stopped or kept pending unusually large purchases by me pending a credit check, but they could probably do a lot more to not get a reputation as lumped together with the most predatory consumer loan banks.
So Klarna delays having to authenticate with the bank which issued your credit card from the time of purchase, to the time of paying your Klarna "credit card bill".
They also delay sending your invoice until the item is actually shipped, and you then have a 14 day due date. This means returns and refunds have no money exchanged from any of your own accounts, so you don't have to worry about how long it takes for the refund to enter your credit card.
Edit: They also remember you address based on your email and name, across any vendors, so check out is really quick even if it is the first time you shop at a specific site. This is of course great for smaller vendors.
In that way, I think it makes sense to focus on some of the largest job markets, as they explain under "Methodology":
> After reviewing hundreds of global metropolises, a shortlist of 50 of in-demand cities with sufficient, reliable, and relevant datasets were selected. This included cities known for attracting professionals and families for their work opportunities and diverse lifestyle offerings.
Taking a step back from watching their every move or keynote is one way to keep being happy with your device, and you’ll probably find it does last years.
I still have problems with the idea that people are able to pick the correct winners. When the blockchain finally gets its killer mainstream app, why not do a new ICO on a restarted blockchain instead of a billion dollar wealth transfer to early adopters?
Amazon does not pay for the externalities of more dangerous driving in your neighbourhood, other than their subcontractors might increase their prices if their insurance starts getting more expensive. They do not pay [edit: you] for the time and effort when they have to redeliver a broken package.
You change the compensation by setting goals that are actually reachable, and then having the workers iterate together with the employer to find and fix inefficiencies. The antagonism of unreachable goals is bound to lead to public relations issues. This of course assume that you see this article or articles like it as a public relations issue, so if that view is negligible then Amazon will see no harm.
Amazon's response to dangerous driving: [1] https://www.theinformation.com/articles/amazon-plans-ai-powe... [2] https://vimeo.com/504570835/e80ee265bc
So you can have things like technical committees that analyse the basic facts of inflation adjustments of wages, wage changes in competing industries or economies and real wage increases. As well the unions in export-driven sectors negotiating first, and government and services employees falling in line, in order to continue to compete in the global economy.
I believe this trust also builds productivity, but looks like Jeff Bezos has a different opinion.
In your source he explicitly says he does not know who the originator is.
> I don't know who the originator was because I saw it coming from several different sources over the past week. But I just love this. I mean, I liked the acronym IDIOT, I-D-I-O-T, which of course stands for I Don't Internet of Things. But I think even better is this slogan: "The 'S' in IOT Is for Security."