It's unclear why the author of the article decided that the word 'mistake' deserved the scary quote treatment.
2,468 karma · joined April 20, 2021
It's unclear why the author of the article decided that the word 'mistake' deserved the scary quote treatment.
Investors that gobbled up properties are renting them to renters (assuming it isn't on airbnb) to pay their holding costs (mortgage, tax, maintenance), since they are by definition investors. They actually increase the pool of property for renters, keeping rent price lower, which fights rental inflation. This does drive up purchase price for the home itself, but that's a separate topic.
Same with people parking money, why would they be leaving the homes empty when they could rent it out for additional cash flow?
You just described what I missed about the older software. Older software gives users control over sorting and show data in a tabular format. Modern software sorts data with an algorithm, with ads mixed in, and shows data in a card format, making it a lot less usable.
Let's do a thought experiment: The cost of an iPhone 16 is $800 brand new in 2024. The year is now 2028 and someone is giving a student the phone for free (and they need a phone), but warn that the battery is glitchy and worn out. Let's say there is no third party replacement. At what price will the student accept the phone and replace the battery? At what price would the student just get a brand new iPhone 20 at $800? Assume the following replacement charges: $700/$480/$240/$120.
This avoids a situation where we get an email out of the blue explaining that there is a database change and we need to dedicate engineering resources to make sure it is compatible by a certain date, or even worse and more likely, an urgent email explaining that the integration has broke and we need it back running last week.
The intention is to point out that simple arguments of 'Xbox is charging 30%, so it is fine that the mobile platforms do the same thing' failed to take into account of the nuances of the situation. Isn't it weird that these platforms are all charging 30% even through all these platforms have different business models, with different cost structure and provide different values? I hadn't even talked about how Microsoft has been getting no money off sales on Steam when it is their platform, because they hadn't (yet?) lock down the platform.
Finally, Nintendo did sell the Wii U at a loss. [0]
[0]: https://www.gamesindustry.biz/nintendo-still-selling-wii-u-a...
It's very different on the mobile side: Apple sells iOS devices at full cost. With Android, it gets even more mucky as Samsung, the hardware vendor, gets 0% of the sales on their handset (unless the user, for some reason, uses the Samsung store), and Google gets the full 30% for only their software work. So the fact that Google gets 30% is wild.
[0]: https://learn.microsoft.com/en-us/windows-hardware/drivers/i...
In the project management world, there is an assumption that tasks that are overestimated and underestimated would even themselves out so that the total estimate would equal the actual time needed. Sad to say that accuracy of estimates don't follow normal distribution in software development.
That's a really high bar for a non-Intel investigation. The Pentium III 1.13GHz issue 24 years ago had 100% reproduceable instruction, but even that didn't include any deep dive into the internal architecture because that just isn't information that people have.