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Thorn Wishes Talon posted:it doesn't help that for the past three decades americans have been conditioned to mindlessly dump all their retirement savings into stocks on the basis that number always goes up in the long run, which has kind of turned it into a self-fulfilling prophecy. but in the process it has absolutely corrupted it into a wildly irrational way to build wealth (irrational as in decoupled from material realities, i.e. the real economy) and destroyed its actual purpose, which is efficient allocation of resources via price discovery owning equity in highly profitable companies that seek to return money to their shareholders is not irrational the overwhelming majority of price action in the stock market is driven by large investors making 6+ figure purchases and sales. if number is going up, it’s because large investors are buying into number; it’s not a con (at least, not in the “dumb Americans have been conditioned to mindlessly dump their savings into the stock market” way). I wish my parents were a bit more conditioned to mindlessly dump their savings into growth-oriented assets. diligent savers, but terrible investors.
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# ? May 23, 2023 20:40 |
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# ? May 25, 2024 16:23 |
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Antonymous posted:zizek said this is even preferable basically because its stimulating. like you go one day and there's no eggs and a few days later you go and eggs are back and you are then conditioned to go thank gently caress there's eggs. and you read in the news "egg farmers working hard to make up for shortage" and then next week its prime rib or something. americas anything everywhere all the time grotesque consumption culture is definitely very bad and trains people to be extra entitled. there’s no real reason we should have watermelon in January or w/e because we are not meant to have everything everywhere all at once consumption. seasonal produce n stuff is good
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# ? May 23, 2023 20:40 |
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Xaris posted:yes That's how I shop pretty naturally, seasonal stuff tends to be on sale/a good deal in season (go figure) so if you spend all year shopping the sales you'll end up with and ebb and flow of produce to look forward to.
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# ? May 23, 2023 20:43 |
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PoundSand posted:That's how I shop pretty naturally, seasonal stuff tends to be on sale/a good deal in season (go figure) so if you spend all year shopping the sales you'll end up with and ebb and flow of produce to look forward to. well it’s still the toxic mentality that it trains people into that they can have everything all the time on demand at their fingertips. it’s also a toxic relation to food further disconnecting the masses from actual agriculture to magical good that just appears on the shelf and replenishes itself 24/7
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# ? May 23, 2023 20:46 |
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Thorn Wishes Talon posted:this is correct lol "I want the market to be free, no you're doign it wrong not like that!!!"
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# ? May 23, 2023 20:52 |
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Everything is a race to the bottom. Managers will absolutely replace staff with LLMs as soon as those models can provide an output that checks the box of "deliverable prepared". It doesn't matter how lovely the LLM output is compared to an actual person's work, as long as you can technically check off that box. Similarly, LLMs are going to begin their own race to the bottom sooner than you think. A dynamically generated response for each query? This is the golden age of LLMs. Soon they'll become nothing more than a slick interface on top of a database of pre-cached answers. Want to ask what the best restaurant is? It already calculated it earlier and it's McDonald's. Best park in my area? Also McDonald's. Best tacos? McDonald's.
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# ? May 23, 2023 20:55 |
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Xaris posted:yes I mean what does zizek know? he said kinda as a joke that, I think it was poland in the 80s? was the happiest human society ever devised because the shortages were immaterial but ever present and the politics were functional but nobody liked the leadership which was always trying new stuff. etc. Life was good but the psychological need to complain and feel victimized was perfectly set up to be alleviated and then reestablished each week and so people were extremely happy. I can imagine a world where You'd go hang out with friends and eat and drink and complain and laugh and you had stable jobs with health care and you were on a waiting list for the next edition of television and you'd fall asleep thinking drat I cannot wait til the TV shortage is over. I'm gunna play pong on that poo poo. life must be so good Antonymous has issued a correction as of 20:59 on May 23, 2023 |
# ? May 23, 2023 20:57 |
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Euphoriaphone posted:Everything is a race to the bottom. Managers will absolutely replace staff with LLMs as soon as those models can provide an output that checks the box of "deliverable prepared". It doesn't matter how lovely the LLM output is compared to an actual person's work, as long as you can technically check off that box. This is how I view it. This thing is like 5-6 months old and we really haven't seen it have any effect yet. Wait until businesses start forcing this type of poo poo, especially mixed in with a recession where jobs won't come back. Perfect opportunity for businesses to drive down wages.
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# ? May 23, 2023 21:04 |
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https://twitter.com/LizAnnSonders/status/1661100433622835215?t=J9NRuiT7NMsE_4BZcMmvWQ&s=19
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# ? May 23, 2023 21:07 |
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Antonymous posted:I can imagine a world where You'd go hang out with friends and eat and drink and complain and laugh and you had stable jobs with health care and you were on a waiting list for the next edition of television and you'd fall asleep thinking drat I cannot wait til the TV shortage is over. I'm gunna play pong on that poo poo. life must be so good soviets had better sex than Americans for a reason
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# ? May 23, 2023 21:12 |
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like edging but for consumer goods
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# ? May 23, 2023 21:16 |
Delta-Wye posted:did the business plot fail? im no longer sure It didn't succeed the first time, but it was successfully memory-holed and the oligarchs took the slow way. Now that they control the entire media and America is culturally a far right country with only a token center right opposition party (also captured), they've won.
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# ? May 23, 2023 21:18 |
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Xaris posted:soviets had better sex than Americans for a reason Uh, source?
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# ? May 23, 2023 21:22 |
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Delta-Wye posted:did the business plot fail? im no longer sure yeah but business plot 2 went off without a hitch in 63
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# ? May 23, 2023 21:24 |
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DNK posted:owning equity in highly profitable companies that seek to return money to their shareholders is not irrational It's also not irrational because every vessel for retirement savings readily available like a 401k automatically goes into the stock market. (Unless you're a sicko buying bond funds.) I have sort of wondered what the end-state is though with the guidance for retail investors for the last 15 years being to move into low expense ratio index funds. Maybe it's not an issue because as you say, the swings are happening because of the whales and most people are just lamprey. But it does amplify the insanity.
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# ? May 23, 2023 21:27 |
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Marx Headroom posted:Uh, source?
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# ? May 23, 2023 21:40 |
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mad.radhu posted:there's no reasonable american dream to aspire to, so now all I want is revenge
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# ? May 23, 2023 21:43 |
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Mr. Lobe posted:Attack and dethrone God
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# ? May 23, 2023 21:45 |
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mad.radhu posted:there's no reasonable american dream to aspire to, so now all I want is revenge or more cheap and legal recreational drugs; i'll take those too (for now)
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# ? May 23, 2023 21:46 |
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Cold on a Cob posted:or more cheap and legal recreational drugs; i'll take those too (for now) Legal pharmaceutical grade MDMA could save this country for another 20 years imo
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# ? May 23, 2023 22:06 |
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Marx Headroom posted:Uh, source? some lady wrote a whole book about this https://www.pbs.org/newshour/economy/making-sense/read-an-excerpt-from-why-women-have-better-sex-under-socialism
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# ? May 23, 2023 22:19 |
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the bitcoin of weed posted:some lady wrote a whole book about this There's nothing in that book about how the fellas felt about it!
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# ? May 23, 2023 22:20 |
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Pittsburgh Fentanyl Cloud posted:There's nothing in that book about how the fellas felt about it! men under American capitalism have bad sex cuz their dicks don’t work over being lipidly inflated from overconsumption of resources including 100k trucks and needing to consume pills to even get it up. meanwhile soviets had big sports culture of doing sports all the time
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# ? May 23, 2023 22:32 |
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JAY ZERO SUM GAME posted:i'm so tired of spending twice as much on groceries than i did three years ago twice the cost due to inflation and twice the hunger due to shrinkflation
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# ? May 23, 2023 22:35 |
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There's a cash-and-carry near me that's been a godsend. A lot of the stuff (onions, cilantro, canned tomatoes) is around 50% of what regular grocery stores charge.
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# ? May 23, 2023 22:41 |
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Xaris posted:men under American capitalism have bad sex cuz their dicks don’t work over being lipidly inflated from overconsumption of resources including 100k trucks and needing to consume pills to even get it up. meanwhile soviets had big sports culture of doing sports all the time *fucks slavicly*
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# ? May 23, 2023 22:55 |
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webcams for christ posted:the debt ceiling is simply political theater to justify austerity, but persuasive arguments about Biden's other options help illustrate to a broader audience that the Democrats are operating in bad faith good post
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# ? May 23, 2023 23:14 |
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an Aldi opened near me but all I know of it is memes y/n
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# ? May 23, 2023 23:18 |
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nexous posted:an Aldi opened near me but all I know of it is memes Aldi is good go get some cheap groceries
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# ? May 23, 2023 23:20 |
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nexous posted:an Aldi opened near me but all I know of it is memes aldis is cool cuz it’s cheep. sadly we don’t have em out in California yet, but they’re slowly making their way westward so it’s just a matter of time
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# ? May 23, 2023 23:20 |
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nexous posted:an Aldi opened near me but all I know of it is memes Aldi is great. Prices are great, you don't have to buy in bulk unlike Costco, and you get German stuff a couple times a year. Their store brand wine is awful but it's also $2 a bottle cheaper than Trader Joe's if you drink the bottom shelf.
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# ? May 23, 2023 23:20 |
Stereotype posted:the American tech sector hasn’t done anything actually innovative in at least 20 years. it’s all just shittier webforums and ads that are marginally more relevant. that’s honestly it. similar to the banking sector they just leech massive amounts of money out of everyone for no social benefit and spend their unearned wealth on frivolous luxuries and asinine boondoggles. There is stuff going on and being improved/refined for actual useful things, but it's not reflected basically at all by the highest valued tech company stock listings or the public perception. Also the parts that could have social benefit are almost entirely captured by capital. Capital uses technology to automate as much labor away as possible while reaping many of the benefits of automation for itself in an endless quest to squeeze every last cent out of us. We could live in a place where those people rendered "obsolete" go on to idk, make society less lovely and the planet less hosed, but lmao that doesn't make a profit for anyone! err posted:This is how I view it. This thing is like 5-6 months old and we really haven't seen it have any effect yet. Wait until businesses start forcing this type of poo poo, especially mixed in with a recession where jobs won't come back. Perfect opportunity for businesses to drive down wages. They are absolutely coming for tier 1 call center jobs and anything else they can get away with. As long as it can manage to clear the very lowest of bars it'll be shoved into production to generate that glorious shareholder value at the expense of everything else.
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# ? May 23, 2023 23:22 |
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Nuclearmonkee posted:They are absolutely coming for tier 1 call center jobs and anything else they can get away with. As long as it can manage to clear the very lowest of bars it'll be shoved into production to generate that glorious shareholder value at the expense of everything else. It's hard to imagine how dealing with a call center could get any worse. In the last few years every time I've had to call about anything I've had to tell a computer my name, address, account number and then the computer forwards me to a human who asks my name, address, and account number. I'm guessing in 2 years I'll have to tell three different computers my info before I get to tell a human the same info.
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# ? May 23, 2023 23:25 |
Twerk from Home posted:It's hard to imagine how dealing with a call center could get any worse. In the last few years every time I've had to call about anything I've had to tell a computer my name, address, account number and then the computer forwards me to a human who asks my name, address, and account number. The goal is to not allow you to talk to a human at all. Maybe if you are calling in to buy something. Maybe. Whenever they come I want to see what kind of crazy poo poo people get up to with prompt engineering.
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# ? May 23, 2023 23:27 |
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Twerk from Home posted:It's hard to imagine how dealing with a call center could get any worse. In the last few years every time I've had to call about anything I've had to tell a computer my name, address, account number and then the computer forwards me to a human who asks my name, address, and account number. press one. say what we can do to help into the microphone. sorry I didn’t get that, can you repeat it. sorry I didn’t—-
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# ? May 23, 2023 23:28 |
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Xaris posted:it’s not the best but it’s the best widely available and cheapest option. best bang for the buck Malted Mooshake is the goat but ill eat the coffee almond fudge
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# ? May 23, 2023 23:29 |
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Taima posted:Malted Mooshake is the goat but ill eat the coffee almond fudge Malt anything owns bones. it’s very underrated. there’s a place that does malt lattes here and kicks rear end but yes they’re all good
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# ? May 23, 2023 23:31 |
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Nuclearmonkee posted:The goal is to not allow you to talk to a human at all. Maybe if you are calling in to buy something. Maybe. just keep mashing 0
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# ? May 23, 2023 23:39 |
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Xaris posted:Malt anything owns bones. it’s very underrated. there’s a place that does malt lattes here and kicks rear end It’s so drat good but the mooshake also has extra cream up ins which is the x factor. oh man I think I asked mrs taima to get some there might be one in the chest freezer
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# ? May 23, 2023 23:41 |
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# ? May 25, 2024 16:23 |
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Euphoriaphone posted:Best park in my area? Also McDonald's. Best tacos? McDonald's.
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# ? May 23, 2023 23:44 |