Report shows climate change is fueling extreme wildfire seasons across the Earth #environment
"A confusing contradiction is unfolding in companies embracing generative AI tools: while workers are largely following mandates to embrace the technology, few are seeing it create real value. [...] In collaboration with Stanford Social Media Lab, our research team at BetterUp Labs has identified one possible reason: Employees are using AI tools to create low-effort, passable looking work that ends up creating more work for their coworkers."
"Unlike this mental outsourc…
Despite much opinion to the contrary, the government money we use is crappy.
I'm at bitfest in Manchester to find out if Bitcoin could be a better money.
It could hardly be worse.
The mood is still good, people are joking about recent devaluation rather than crying. Those who aren't all in are trying to buy more at the discount.
After an introduction by Mad Bitcoins, Joe Bryan explains the problem with government money.
He imagines an island on which two types of money are tried, with a dividing wall between them.
When economic problems hit, government can just print more money on the fiat side. Everyone now using money which is worth less. Distorting prices, inflating asset prices, making the rich (who hold assets) richer and the poor (who have to pay inflated prices) poorer. Driving wealth inequality.
On the hard money side, government must tax properly. Take in more from the rich rather than inflating to take it from the poor. Reducing wealth inequality.
On the government money side, the wealthy monitize houses, stocks, resources. Saving in money is impossible, its inflated away. So they save in assets and hording resources. Capital is misallocated. The youth can't afford houses. Poverty traps are caused. The only way out is printing more for benefits. Making it all worse. More economic crises, more printing. More government debt.
Eventually, the wall is broken. Government money people can save in the hard money instead. It reduces the value of government money further. More printing. More inflation.
Eventually, war. Funded by printed money.
The dollar is the best of a bad bunch all other government money is falling in value even faster.
I wonder, is bitcoin really this better money though? It's limited, hard, and can't be printed without energy investment.
I'm still unsure that fixing money fixes the world.
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Note: "crypto" is mostly more like government money than bitcoin. It can be printed indefinitely by it's makers, does not cost it's makers to print. Crypto is usually just a scam people to get more bitcoin. Bitcoin is not crypto.
#bitfest #bitcoin
Another one bites the dust.
Russia's oil & gas money machine is being demolished. Repairs were already hampered by sanctions on critical components from abroad, but skilled crews should also be in short supply by now.
https://kyivind…
A similar trend is reported in Italy. Is violent crime becoming more violent and international? Is "someone" (a state actor perhaps?) flooding the black market with weapons?
Overall violent crime has been falling for decades pretty much everywhere in Europe so it's interesting to see these trends
Well, apparently the thug party is very upset that California has enacted, signed, and put into force the following law:
"California passes law banning ICE agents from wearing masks to hide their identities"
The ice-thugs are complaining that if they reveal their identities that the public may ostracize or send them upsetting emails or texts. Aw, the poor widdle ice-thugs, poor things. Perhaps they should think of the terror they bring to those they "detain"…
As I’m writing, the season is “Crickets chirp around the door.” By the time you read it, it will be “First Frost.” In New York, where I live, autumn is taking hold. Darkness in the early morning, leaves and branches coming down in high winds, and in the afternoon, low light floods the avenues, catching the tops of trees.
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Vikings QB J.J. McCarthy in concussion protocol following loss to Packers https://www.nfl.com/news/vikings-qb-j-j-mccarthy-in-concussion-protocol-following-loss-to-packers