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Submission + - The Second Gilded Age Is Upon Us

Robotron23 writes: Wealth inequality is at its highest since the turn of the 20th century — the so-called 'Gilded Age' — as the proportion of capital held by the world's 1,542 dollar billionaires swells further. The report, commissioned by the Swiss banking giant UBS and UK accounting company PwC, discusses the impacts of technology and globalization on the situation, and arrives weeks after the IMF recommended that the world's richest pay higher taxes to ease the disparity of wealth.

Submission + - Plastics Found in 80% of Tap Water and Mineral Water, Worldwide

Robotron23 writes: Research published by Orb Media, a nonprofit journalism group, has revealed that microplastics have contaminated high proportions of drinking water and bottled water. Samples from the United States tested positive in 94% of instances, while Europe's contamination averages around 73%. Tests were undertaken at the University of Minnesota School of Public Health, with lead researcher Dr. Anne Marie Mahon noting the risk of plastics carrying bacteria, and commenting: "In terms of fibres, the diameter is 10 microns across and it would be very unusual to find that level of filtration in our drinking water systems."

Submission + - Silicon Valley Billionaire Fails to Prevent Access to Public Beach

Robotron23 writes: Vinod Khosla, a Silicon Valley venture capitalist, has lost his appeal to privatize Martins Beach; a publicly-owned strip of coastline in California. Having previously fenced off the land in a bid to render the area private, Khosla has been ordered to restore access by a California court. Khosla had previously demanded the government pay him $30 million to reopen the gate to the beachfront.

Comment Re: Popcorn time! (Score 1) 1321

A superb, thorough, and well-informed post. If there was one summary of the 2016 U.S. Presidential election I could give to someone just back from a year in the wilderness or on a desert island, it would be this. Disillusionment was the deciding emotion, and even though Trump got in I'm unsure the elites will realise it's past time to throw the rest of humanity far more than an occasional bone.

Comment Necessary (Score 4, Interesting) 2837

Donald Trump's victory is a much-needed wake up call to the elites of the USA and the wider world. Hillary Clinton remembered the affluent east and west coasts and forgot those in-between. Trump did not persuade voters; voters persuaded Trump to represent them. The orchestrated anti-Trump narrative in the media did not achieve the desired effect of promoting Clinton, who is popularly viewed as untrustworthy and corrupt.

The 'status quo' candidate representing the interests of high finance and corporations lost and the change candidate emerged victorious. The House, Senate and Presidency are all in Republican hands, thanks to the votes of people inhabiting cities and towns of the USA which have been in decline for decades due to a lethal combination of unhindered free trade, advancing technology, and outsourcing of labour. Millions of desperate people were left to drown by a disdainful elite, and would grasp any life raft offered; it was Trump who made that offer. Whether he'll follow through and actually help those left behind, only time will tell.

The U.S. election result is further evidence that the majority of the mass media lives in a self-perpetuated bubble, insulated from the harsh and grim realities ordinary people face every day. Huge frustration and discontentment in modern politics manifested in the UK with the Brexit vote to leave the European Union, and it is manifest in the U.S. Presidential election. In Bernie Sanders the Democratic Party had a more palatable populist, but preferred to nominate their Establishment candidate instead.

So they did...and so she lost.

Submission + - Startup Financer Y Combinator Considers the Universal Basic Income (fastcoexist.com)

Gordon_Shure writes: Silicon Valley startup financer Y Combinator, remembered for successes like Airbnb and Dropbox, is launching an experiment to give people a Universal Basic Income. At present, the plan is for hundreds of participants to get repeated cash payments unconditionally. Then, assessors will record life consequences like changes in work patterns, self-employment, artistic endeavors, or idleness.

Recent focus on UBI in Finland, Switzerland and other countries see proponents claim a basic income will — in a world facing structural unemployment due to jobs taken by automated AI, robotics and machines — combat poverty and work insecurity. Others remain unconvinced.

Submission + - Apple May Owe $8 Billion to the EU After Tax Ruling

Robotron23 writes: The EU Commission has informed Apple that it could have to pay $8 billion in back taxes. Bloomberg Intelligence estimates Apple has paid only 1.8% tax on profits between 2004 and 2012 — this ruling increases their liability to 12.5%. This decision comes hot on the heels of a tax avoidance settlement Apple reached with Italy last month for $347 million.

Comment Six points about Greek Debt (Score 1) 690

This article contains a lot of surprising points about Greek debt - namely that a large part of it was essentially preallocated to serve as bank bailouts, and as repayment of other debt. Back in 2010 those issuing the cash knew it was doomed to fail, yet it went ahead anyhow. The general populace of Greece saw relatively little of the cash borrowed by their elected government, which goes a way to explaining why the campaigns run by Syriza were so successful:

http://jubileedebt.org.uk/repo...

Nice how certain bloggers, not beholden to the interests that define and distort so much media now, end up presenting actual facts over the masses of bluster and propaganda that qualifies for reporting in the news media nowadays.

How many places even mention that back in the 1950s, the Greeks voted to cancel 50% of the war debt levied on Germany? Or raise the shocking idea that it would be good of Germany to reciprocate that favour?

Submission + - Republicans Block Latest Attempt at Curbing NSA Power 2

Robotron23 writes: The latest attempt at NSA reform has been prevented from passage in the Senate by a margin of 58 to 42. Introduced as a means to stop the NSA collecting bulk phone and e-mail records on a daily basis, the USA Freedom Act has been considered a practical route to curtailment of perceived overreach by security services,18 months since Edward Snowden went public. Opponents to the bill said it as needless, as Wall Street Journal raised the possibility of terrorists such as ISIS running amok on U.S. soil. Supporting the bill meanwhile were the technology giants Google and Microsoft. Prior to this vote, the bill had already been stripped of privacy protections in aid of gaining White House support. A provision to extend the controversial USA Patriot Act to 2017 was also appended by the House of Representatives.

Submission + - Elite: Dangerous Dumps Offline Singleplayer

Robotron23 writes: The developers behind the sequel to legendary videogame Elite has, to the anger and dismay of fans, dropped the offline singleplayer mode it promised. The game is due for full release in under a month. With the title having raised about $1.5 million from Kickstarter, and millions more in subsequent campaigns that advertised the feature, gamers are livid. A complaints thread on the official Elite forums has swelled to 450+ pages in only three days, while refunds are being lodged in the thousands. It is down to the discretion of Frontier, the game's developer, whether to process refund requests of original backers.

Submission + - Marijuana Legalized in Oregon, Alaska and Washington D.C.

Robotron23 writes: Coinciding with the midterm elections yesterday were state ballots proposing the legalization of cannabis. All three territories where full legalization was tabled approved the measure, joining Washington state and Colorado in giving cannabis the nod. The narrowest vote was that of Alaska at a roughly 52 to 48 percent margin. Washington D.C. meanwhile saw the vote strongly tipped in favor at about 69% to 31% opposed. Buoyed by the news, advocates of legal cannabis are already contemplating the next round of state ballots in 2016.

Comment Re:There is one, and only one, way to fight trolli (Score 2) 116

You'll notice that there was virtually no griefing or trolling in old MMOs.

I call bullshit.

From 2001 till 2004 I played the oldest of the popular online MMOs; Ultima Online. Trolling occurred through excessive player killing, disruption of guild activities and dungeoneering plus people doing some honest mining. It was characteristic celebrated amongst perpetrators and adrenaline junkies but reviled amongst those wanting a less combative, PvE experience.

It was already on the decrease when I joined up thanks to the introduction of a non-combat realm. Nowadays a few thousand people yearning for the lawlessness of the old UO have founded their own free servers replicating the 'Wild West' culture.

Trolling isn't exclusive to new MMOs or modern forums, social media and so on. It was present in the early days of Usenet, the earliest chat rooms and IRC channels, and from the very first online games venturing beyond LAN and Intranet play.

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