I cut the ignorant, misinformed & stupid a lot of slack. Maybe life dealt them a bad hand or they're being used as pawns. It's only when they self-identify as smart, refuse to seek facts, are stubborn, incurious & LOUD that they become annoying - or ruinous.
The way to handle the stupid is educate, avoid, or give them something to do that they can handle without wrecking everything.
But it's the LIARS that are far scarier and they're multiplying, especially here.
Interesting lesson today on how our society works. Having always lived in the city, I never needed a car, until my Great Escape into the burbs. Today, I drove out of a dealership with a new car, without handing them a penny. They checked my credit & knew I was good for it.
I've worked for some of the biggest consumer credit companies in the world but never had a moment where I felt the disparity between myself & countless others who could never walk out of that dealership without deposits, high interest rates & punishing monthly payments.
It hasn't always been this way. My immigrant parents never had credit & hated any kind of debt. They saved & paid cash, always. Not only did that mean crappy lemons like the Ford Grenada, but constant deprivation. It sucked then. Today, I see delayed gratification as a virtue.
BTW, eliminating standardized testing is not a "shock", but part of a steady a progression, diminishing the role of empiricism year after year in admissions criteria. It's practically at the point of total subjectivity already. See: Asians @ Harvard lawsuit.
There are legit criticisms of the SAT/ACT
-underperformance correlates w/race, but moreso socioeconomics
-the rich can afford prep to score higher
-parts are formulaic & can be gamed w/prep
-it's a 2-company monopoly
-some are not great test-takers
I'm optimistic about: 1) Many young people are more civically engaged than ever. 2) Even the far left & right see many of the same problems. They mainly disagree on solutions. Eventually we can debate those. 3) Reserve currency + military buy us time to solve things.
4) We have the tools to aggregate and direct capital from individuals to where its needed. We've only scratched the surface for deploying it. 5) The entrepreneurial spirit is still here, but underutilized. You see glimmers on Shark Tank & some startups.
2) At the end of the crisis we'll have the stats on whether more regulated economies responded better than less regulated ones.
3) Most independent labs do not have the resources, global network, or expertise to aggregate global data on the virus & coordinate methods with multiple countries without creating utter chaos. A hub & spoke model *should be* far more efficient.
"This work was enabled by charitable donations of equipment from Barista Technology BV (Puqpress), Acaia Corp. (balance), Frisky Goat Espresso (personnel & coffee), & our continued collaboration with Meritics Ltd.." cell.com/matter/fulltex…
@PopSci Garbage like this needs to have a clear "advertising" label on it.
@Jason@tailpath So many issues w/blockchain inventory tracking systems. The biggest is the underlying premise: distrust. Tech can't fix unknown/distrusted partners in the value chain. This is a vetting issue, not a tracking one. But it's also one that goes away with consolidation, scale & time.
@Jason@tailpath Over time, most businesses trade with known parties, not unknown ones, where the use case for blockchain (and cryptocurrency) goes away.
@Jason@tailpath A good analogy is payment wallets. A bunch of 3rd parties tried creating them, but if more & more shopping moves to Amazon & Walmart & each stores your card info for future purchases (ditto for iPhone+Android), the only wallet market left is w/less trustworthy, small vendors.
At your big Japanese business meeting, a coworker walks in and says, "Look at Mr. Fancy Pants taking a plane here. Have you no respect for earth? Sandra and I took a mule. It took us 46 weeks to get here. Several mules drowned in the Pacific, but we're here, Tree Killers."
You turn to your client, "As we were saying, Mr Suzuki, we'd be honored to do business with your motorcycle company. But not Tiffany."
"Tiffany, motorcycles use fuel and you work for Goodyear."
H-1Bs don't officially make workers indentured & underpaid; just unofficially. Workers can only switch to other companies that will pay to sponsor visas. Many don't. So:
- That reduced market
- Extra cost
- Transactional friction
Limit their options & pay.
Because many H1B workers arrive without families (or at least extended families), they tend to work longer hours, so companies get more bang for the buck.
"It’s easy to proclaim virtues when you have nothing at stake — and status to gain. But true morality is a luxury good when your livelihood’s at stake. When your family, reputation, or assets are on the line."
All our actions must be viewed in context of our obligations—to our kids, spouses, communities, friends, nation, humans, employers. Likely, in that order.
It's why I've argued there is no evil. We all believe we're doing our best for at least 1 of those.
#InstaTheory: Today's dogmatic science denialism is a byproduct of capitalism
Neither righties (evolution/climate) or lefties (biology/alt-meds/GMO) accept NO for an answer b/c at the heart of capitalism is appeasement-giving everyone what they want (to hear/eat/wear etc) always
2) Free trade generally benefits lower cost providers. Therefore, a net positive for emerging nations.
3) There are things we could have done to phase in free trade deals, like boost investment & re-training in other industries, to limit the downsides. But hindsight is 20/20.
4) While ALL consumers benefit from lower prices from free trade & much smaller groups of workers benefit from protectionism, it's the job of a nation's leaders to balance the two. That did not happen here. The digital boom abandoned the analog workers of exported industries.
IBM is accused of firing older workers. This is really about money - and doesn't just apply to IBM. Many companies sneakily create practices, communications & policies (like not subsidizing family health coverage)to discourage hiring older workers.