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Joined 1 year ago
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Cake day: June 12th, 2023

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  • It’s ridiculous.

    Numbers are funny, anyway. Nvidia CEO Jensen Huang’s net worth is closer to yours and mine than it is to Elon Musk (Forbes list currently placing them at ~100 bill and ~250 bill respectively). But that’s only in absolute terms. In reality, Jensen’s got like 8 or 9 orders of magnitude more wealth than I do depending on how far into the month we are, and on the same order of magnitude as Musk.

    Either one losing 99% of their wealth would still be above a billion.


  • Oh I agree that even 2 billion is too much, but my reasoning is that proponents of capitalism often make the claim that capitalism drives innovation (you try to fill some market niche in order to get rich) so if they are right, then 2 billion should be enough that this still works.

    I had yachts depreciating to zero in my example because it’s estimated that you have to spend about 10% of its’ purchase price annually anyway, so anyone keeping a 20 year old yacht around is going to be spending a lot of money on it that will fuel other parts of the economy.


  • boonhet@lemm.eetoMemes@lemmy.ml2 life pro tips in one meme!
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    15 hours ago

    Okay, that’s actually a good thing. I’ve heard unions in the US apparently often restrict individual bargaining, as that would undermine the collective bargaining of the union. So in that case, your coworker who’s been working for 20 years, will make twice as much as you do at your 2 years, despite the fact that all he does all day is scratch his balls, while you bust your ass off. And you have no way of earning more than them.

    Either way it doesn’t affect me because I’m in Estonia and in a field where we generally get paid well enough even without unions. But I also know this won’t last forever, because right now there’s way too many unemployed software engineers.


  • Any billionaire can lose 90% of their wealth and have above 100 million left.

    Many can lose 99% and have above 100 million left.

    Some can lose 99% and still be billionaires.

    The 100 millionaire will still have a million or more left after losing 99%, but that’s not “live like hogs in the fat house forever” money at least. It’s just “I don’t have to worry if I lose my job” money.

    A hundredbillionaire can lose 99% of their money and not make any perceptible changes in their lifestyle.

    I propose the following:

    Gap individual wealth at 50000x the national median annual income. Max wealth anyone in the US could have is, at present, under 2 billion. Other countries will vary, but generally it’s plenty enough to motivate people to innovate, but nobody gets to be Bezos or Musk wealthy. Yachts should count towards this wealth gap, at a depreciation rate of 5% a year off the build cost. Primary residence doesn’t count unless it’s also used for generating income. You get to have one car, regardless of price, that doesn’t get counted towards it, and the other ones count at market value. So you can have your classic car that appreciates in price, and a daily driver - without having to worry about the classic car’s effect on your wealth limit.

    Side effect is that now suddenly rich people near the gap will be a lot more interested in paying better wages to the working class. Why? Because then they’d get to keep more of their money. And to raise the median efficiently, you need to be raising wages for the poorest among us first and foremost.


  • boonhet@lemm.eetoMemes@lemmy.ml2 life pro tips in one meme!
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    17 hours ago

    There’s a caveat:

    Don’t unions really restrict your salary growth in fields where there’s actual potential for it?

    I’m in software engineering and I reckon a whole bunch of people would be unhappy if their salary was in a direct relationship with their years of experience.

    Though if the gravy train ever ends, I’ll be the first to advocate for an union.



  • I’m not gonna answer that question. I don’t have the perfect answer ready for you.

    Instead I will tell you what happens when you vote third party in FPTP. Okay, you have a .nl TLD so I guess ssyou’re either in a much better electoral situation or just picked it because it’s cool, but I will use the example of the upcoming US presidential election.

    Now, let’s say the race is really even and it’s over. Flipping just one of several key battleground states would’ve placed Harris in the lead, but unfortunately, Trump won. You look at the votes in your state: Trump won by under 600 votes. Nearly 100,000 people voted for a third party candidate that’s actually to the left of Harris. They would’ve preferred Harris, but because they voted third party, they elected Trump.

    If this sounds familiar, that’s what happened in 2000. Al Gore could’ve won. Should’ve won. But 3rd party candidate Ralph Nader was further left of him and received a bunch of votes that needed to go to Gore. In Florida, he had nearly 100k votes, and the difference between Bush and Gore was literally triple digits. And it wasn’t even the only state where Gore lost because of the Spoiler Effect

    It’s an inherent flaw of the FPTP system and yes, it sucks. It means a vote for a third party is a wasted vote.






  • Ours has decided that she’s no longer a princess, she’s now Skye. I think mommy was Everest and I’m Rubble. It’s funny, because I always associated myself with Rubble the most, particularly after watching the Mighty Movie where Rubble goes “what, did you think I was going to watch the space thingy of a lifetime without snacks?” (exact wording may differ; I have to watch it in Estonian)


  • boonhet@lemm.eetomemes@lemmy.worldDear iPhone users:
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    9 days ago

    That’s only half the story, too.

    The phone with the $1300 launch price is also obsolete, it hasn’t gotten a major Android version update since 13, released in 2022. The phone itself was released in 2021.

    Apple also discontinued support for some older phones with their 2022 OS release. Namely, they dropped anything older than the iPhone 8, released in 2017. So the oldest Sony I to get a major OS version update in 2022 was made in 2021, the oldest iPhone was made in 2017.

    By the way, this comes from someone who used to love Sony and still does. My Arc S was awesome, it was even designed in such a way that if you dropped it, nothing would happen generally (okay, the battery would fall out if you dropped from high enough). But they’ve really dropped the ball on software support.


  • I’m lucky enough that both of the shareholders of my company are software engineers; one has transitioned to sales and project management, the other is still an engineer, he’s also the CTO.

    Was discussing office chairs with our team lead/office supplies person (it’s a really small company, some people have multiple roles) and when I mentioned that my chair gets really creaky when leaning back but otherwise it works so it really just needs some lubrication, she asked why I would even lean so far back in my chair and the CTO told her “There’s two sitting positions for programming. The writing position and the thinking position”

    TL;DR: Takes an engineer to know how engineering works. Turns out that you have to spend a lot of time just thinking