

Just give people who reach $10m net worth a “Congratulations you won at capitalism” diploma and tax them 100% after that
Just give people who reach $10m net worth a “Congratulations you won at capitalism” diploma and tax them 100% after that
The key part here is that (at least initially…) they won’t put any existing subreddits behind a paywall. So users’ habits won’t really be interrupted.
You can check out SPIVA which tracks the people like the guy you’re paying to predict the future.
In all markets the results are consistent. Over a single year a professional has about a 50% chance of beating the average. This probability drops over time and over a 10Y period about 10-14% of professional investors beat the average.
You paying this professional is essentially the same as you thinking that you are able to identify the top 10-15% professional investors. And maybe you just are that great and we should all follow suit. But I doubt it. It’s your risk to take though. No one is going to force you to choose the cheaper option with the better probability to give the best returns.
If you’re not putting your money into index funds you’re just fooling yourselves. You shouldn’t be paying any form of investor to pretend they can see into the future.
This also means you will be investing heavily in the US. But don’t make the mistake of believing your invested money makes any difference in the world when it comes to ethical responsibility. A company isn’t affected by whether a fund invests or does not invest in them.
Socially responsible funds are just for show because financial institutions have realised it’s something people will pay for. If you truly want to make the world a better place you reduce your monthly saving amount and donate the money to charities instead.
Especially a password vault… Imagine your server going down while you are away from home and suddenly you’re locked out of everything.
It’s probably implied that if not enough people take this offer - people will be fired.
I’ve been through tech layoffs. Random people are axed and people who thought about leaving anyways stay. This is a much better solution where those who considered leaving anyways can take them up on the offer.
Maybe they just want to downsize cause there isn’t as much to do nowadays when the OS is so mature?
Remember when Apple released the $1000 phone and it was a big thing?
Eventually this will be the normal.
I said in my final paragraph that Lemmy is nice but there is so little content here. The communities I frequent here (with very active reddit counterparts) have like a submission every few days. Just check !football@lemmy.world for example.
I was close to it. I’m an advocate for paying for services I use. We’re way too used to getting everything for free and we should be willing to pay for services we appreciate.
Which made me realise that Facebook especially I don’t appreciate. So I quit instead. It had value to me once but those times are long gone.
Who cares, we’re leaving an economy where no one cared about profitability. Just growth. It’s all about whether they can capitalize on that growth now.
Spotify was the same. Turned a profit the first quarter after shifting the focus towards profitability.
I’ve never seen the view of an IPO so heavily affected by bias. Superusers hate Reddit but so what - what matters is whether soccer moms are scrolling and being shown ads. No one cares that the most costly users are unsatisfied. You and me both are nothing to investors.
Is there some objective analysis of this IPO? All I’m seeing is “I’m a superuser who spent a lot of time on Reddit in 2007 and it was far superior back then. The stock will tank.”
Ah, might be! It’s been 10+ years since I tried it. Back then I found it very hard to navigate
Same with Lightroom vs Darktable.
Books on Google Play Books
I loved infinity for reddit. Did I miss a memo or something, I thought he decided to try to make the reddit client financially sustainable?
I disregarded it because just from reading the description, I thought I knew how it would end. Finally gave it a chance and they dismissed my theory in the first episode 😅
100% recommend the show!
I think you’re spot on and it applies in general to why we see a trend of subscriptions. When we all got our first smartphones, most apps were local and it didn’t cost the developer more if they had 1M downloads compared to if they had 50 downloads.
I think the main issue is we don’t know where Lemmy is one year from now. I have already started to see a decline in my usage because there simply isn’t enough content. /c/football is virtually dead it feels like and it (or rather /r/soccer) was my number one subreddit.
If it could sync that with my Fuji camera, that’d be great