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Comment Electronic Shelf Tags are essential (Score 2) 108

I thought everything was a dollar!

Right... I worked for The Beer Store, the brewer-owned private company which distributes beer across the Province of Ontario. Our Premier (roughly equivalent to a State Governor) made a campaign promise of "A buck a beer!".

So, a new empty can cost roughly $0.20 at the time. The law in Ontario is that shelf prices include tax and deposit. So, the can is $0.30 - twenty cents for the can itself, plus another dime for the deposit to make sure the used can comes back for recycling.

Now, on top of that, you have to make a food-grade beverage, pay your excise tax to the federal government, and then there have to be profits for the manufacturer and the distributor/retailer (that would be Brewers Distributing Limited dba. The Beer Store).

Customers would come to me and - with that "I know more than you even though I haven't held a job in 16 years" expertise - tell me that we were going to be carrying "buck a beer" because they voted for Doug Ford (who also cut their welfare increases).

"When do you get it? It's gotta be soon!"

"The first shipment arrives February 31st, so mark your calendar!"

I must have used that line 500 times. Only one person realized that there's no February 31st. To his credit, he had to come back to the store to tell me. LOL

Exactly ONE brewer made the Buck A Beer - Cool Brewing of Etobicoke, in Doug Ford's riding. We were lucky if we got a single case (24 beers) a month. Promise fulfilled... Right.

Anyway... The Beer Store's shelf tags were printed at the distribution center and sent to stores with truckloads of beer and empties in and out. Of course, you always had too many tags you didn't need, and were always short of the shelf tags that you did need. If a tag was outdated and wrong, you have to - ethically if not legally - honour the price. And, of course, if a tag was damaged or lost, there was no tag for that product. All of this hearkened back to The Beer Store's roots as Brewer's Retail where everything was behind a counter and we had a selection wall. In a newer self-service store like mine, this did not work.

Electronic shelf tags were implemented. It was amazing. Snap the tag into place on the shelf. Scan the tag. Scan the product. Press a button. The scan gun would beep and a moment later, the tag would update with the item description and price.

Price changes? Automatically updated on all tags.

Now, something about selling addictive substances: Sometimes someone decides that the item's price is what they have, not what the shelf tag says. And they will argue with you until the cows come home. You get jaded to it.

"That will be $2.25 for the can of Pabst Blue Ribbon 5.9."

"The tag says $1.95 so you have to give it to me for that. You forgot to update the sticker."

"No sir, I assure you that it doesn't. They're not stickers, they're electronic and tied to the POS."

"It says $1.95."

"Sir, if the shelf tag says $1.95 for Pabst Blue Ribbon 5.9, I will give you a full case of it. On the house."

For a moment, they're elated. And then they realize that I'm coming out from behind the counter to call their bluff. In front of the lineup of impatient customers during the daily 10:01AM opening rush. Catcalls. Whistles. Jeers.

Walk over with the dude... shelf tag says $2.25 for PBR 5.9. Now, at this point, I'm annoyed, and I'm not going to short my till $0.30 for him. Or suggest to him an alternative beer that is $1.95 a can. If he'd just passed me all his change and come up a little short, I would have covered it. Personally, out of my pocket, if I didn't have a few nickels and dimes perpetually floating around my cash. I've spent way too much time on both sides of the counter at The Beer Store, so I have plenty of empathy - just don't be an asshole.

Anyway... Dollar stores are dealing with customers who are on the very bottom economic rung, whether from addiction or for some other bad life event. Now, sometimes these people are a nickel away from being able to afford a can of beer - or a jar of baby food. I have seen split tender three ways for a $2 item - $0.50 from returning 5 empty cans, $0.97 by scraping a prepaid Mastercard from last Christmas to the last cent, and then $0.55 from under the sofa cushions or wherever. Unexpected price changes can drastically upset plans these people have made to get a few supplies with their very last dollar.

"I can get a box of Kraft Dinner at Dollarama for $0.50, and two cans of cat food at A Buck Or Two with the other $0.50..." I've seen it, and I've personally lived it.

The shelf tags, especially at a dollar/discount/alcohol/cannabis store of any sort, must be accurate. As an experienced retail manager, electronic shelf tags are simply essential.

You can sell the boss on implementing them with the operational savings, the labour of having to change stickers with every price change. Electronic shelf tags will pay for themselves in very short order.

Comment Cute Little Aluminum Blocks with Turbochargers (Score 4, Interesting) 254

My 2.2 tonnne Ford 4wd gets 25 mpg. My 1 tonne Ford Escort (1973) got .... 25mpg. Your mate is wrong. When I first got a company car it did 12 l/100km. 25 years later the same model of car was grtiing less than 9, despite 25% more par, and meeting tighter emissions regs. Your mate is wrong.

You're clearly not talking about American cars. What's a 1-tonne Ford Escort? I did have a 1983 Dodge Ram D150 half-ton pickup truck with a Slant-6 and an A-833 manual transmission; that thing would get 25MPG and hold 75MPH all the way westbound across Michigan... of course, it took it a while to get to 75MPH, merging was just like driving a Peterbilt with a 53' trailer full of anvils. That exact same engine and a comparable transmission were available for the Dodge Trucks line from 1960 to 1987 and was renowned for durability and reliability.

The key point is that Americans typically don't want them. To this day, in Canada, gasoline is cheaper than water. I'm not sure if that's a statement about gas prices or a slam against the sort of fool who feels the need to buy their tapwater in PET bottles, but I digress. So people buy horsepower. People buy large vehicles based on truck platforms.

As CAFE forces vehicles to become more fuel efficient - without addressing the underlying consumer demand problem! - manufacturers are being forced to use smaller and smaller engines. This means adding turbochargers to cute little aluminum blocks, narrower cam lobes and variable displacement oil pumps and smaller oil control rings all to reduce the internal drag, and thinner oils which offer zero cushion on connecting rod bearings. All of this gets stuffed into a full-size pickup truck with a trailer hitch. They're intolerant of real-world conditions and use, and because of their complexity they're expensive to repair. These vehicles will not have a long lifespan - sure, you might get a good fleet average mileage, but if 50% of the vehicles don't make it to the 100,000 mile mark, they're getting replaced faster with all the environmental damage of producing and disposing of the vehicle.

Maximizing vehicle life is an important part of reducing the vehicle's overall environmental impact.

There's a great YouTube channel where the owner of a full-service used auto parts business takes apart modern engines and shows you what failed. No prior knowledge of engines is required to understand this. Some engines are spectacularly broken. And Eric talks about what will last, and what won't, with an entertaining sarcasm.

Recycling? The lead-acid primary battery gets removed, then the car gets crushed and shredded. Only the steel and the aluminum get recycled. Anyone who thinks that any other material in a car gets recycled in any quantity has never seen a car shredder in operation. ASR (Auto Shredder Residue) is a special waste stream now consisting mostly of mixed plastics, smashed safety glass, and the crap people leave in their cars when they junk them. All that plastic gets landfilled.

Comment Re:Not really new information... (Score 1) 79

I continue to use burned DVDs for backing up the critical stuff. Not perfect, of course, but not electromechanically-failure prone like a hard disk drive, not "terms of service" failure prone like cloud storage, and not "the charge magically held in the gate leaked away" failure prone. I have optical discs over 25 years old which are still perfectly readable.

Comment Analogy to BMW Subscription Heated Seats. (Score 1) 105

...re trying to make so forgive me if I am out to lunch, but this matters naught to the consumer. This is just back-office dealings that either adds $5 to the cost of a laptop or doesn't. It's there vendors choice what licenses they pay or don't pay. Then they get to set the price on their laptop after it all shapes out.

If the hardware is still present, but is disabled, you're still carrying around the hardware. Most importantly, you're probably still powering its logic even if it's inaccessible to you.

BMW, like most German cars, is overcomplicated and overpriced garbage sold only to self-proclaimed car enthusiasts who wouldn't know how to change a tire let alone a timing chain. BMW got themselves into a bit of controversy by including heated seats which only functioned by subscription.

Now, say I had bought a BMW but didn't want the heated seats. I don't pay for the subscription. There's no additional cost to me, the purchaser of the car, because the profit from the people who do opt for the subscription are the ones paying the cost of the extra hardware in my car, correct?

Wrong. I am now carrying around an extra-beefy alternator to power the heated seats. I am now carrying around all the extra wiring to power the heated seats. All of this impacts my performance and my fuel efficiency. And all of this extra complexity adds a failure liability when something damages part of the heated seat hardware. All for a feature I specifically did not ask for by refusing the subscription.

With a disabled chunk of logic embedded in a processor, is it a negligible cost and a negligible risk? Maybe, but as the purchaser, it's crap that I didn't ask for, and you are imposing on me. If I have to carry it around and power it up, I expect to be able to use it.

If the manufacturer doesn't want to supply a feature then they should not supply the hardware. Leave the spots on the circuit board unpopulated. In the case of a chip, leave it off the die.

Comment Re:How did they lose a slam dunk? (Score 2) 19

I used to work for Sling TV, and you basically have that backwards. ESPN is the part of Disney's package that people are willing to pay money for. The shutdown and negotiations every year is just Disney forcing the various providers to pay for and carry their other channels. That's why Disney always holds these negotiations during football season, so if they have to shut someone down their customers actually care. Every year viewership on Disney's other channels (and non-sports channels in general) is lower, and the prices that the content producers require goes up. Scripted television is in serious decline, and Hollywood is using sports fans to prop it up.

As an example, If you don't care about sports you can get Disney+ without ads for about $12 a month. Disney will happily throw in Hulu for that same price if you will watch some ads. You can binge watch the shows that you care about and then switch to another channel. Heck, you can buy entire seasons of their shows ala carte. You can't get ESPN however, without paying at least $45/month, and that's with a package with no non-Disney channels and chuck full of ads. For the record, that's basically what the streaming services are paying Disney as well. When I worked at Sling the entirety of the subscription fees went to the content companies (primarily Disney). There is essentially no profit in cable packages. All of the profit has to be made up somewhere else.

People that aren't sports fans, especially if they are entertainment fans, tend to believe that scripted programming is carrying sports, but it is the other way around. That's why AppleTV, which has spent over $20 billion creating content for their channel has about as many subscribers the amount of people that typically watch a single episode of Thursday Night Football, the worst professional football game of the week. Amazon Prime pays $1 billion a year for that franchise, and it is a bargain compared to creating scripted content. Apple makes great television that almost no one pays for. The other content providers are in the same boat. You'll notice, for example, that Netflix's most expensive package is $25/month, and the revenue per user in the U.S. is around $16. That's ad free. The lowest promotional price you can pay for ESPN is basically twice that, and it always comes with ads. What's more, sports fans tend to actually watch the ads.

Sling is selling day and weekend passes to people because it knows that most of its customers only have their service to watch the game. No one is watching linear television anymore, but the content creators have built their entire business around the idea of having a channel that they fill up with content. Even with Sling's ridiculous prices they can typically watch the games they want to watch for less than maintaining a subscription.

I have spent most of my adult life in the sports world, but I don't watch sports. I personally believe that in the long run sports television is probably going to end up uncoupled from scripted television. I think that is going to be very bad news for people that like scripted television.

Comment Re:Step 1: Don't own any BitCoin (Score 1) 85

"Your teeth will get through anything," Mr. Kayll advised. "But it will bloody well hurt."

Speak for yourself, my teeth will barely get through a cheese sandwich at my age.

There's nothing like a good smack to the beitzim to stop a would-be rapist. And there's nothing like biting someone if it's all the leverage you have.

Remember, this is not a video game or a sanctioned fight in a boxing ring. This is your life versus the life of a terrorist or other attacker. Kill or be killed. Learn to fight.

Comment His Whole Pitch is Safety (Score 5, Interesting) 73

Anthropic's entire pitch has always been safety. Innovation like this tends to favor a very few companies, and it leaves behind a whole pile of losers that also had to spend ridiculous amounts of capital in the hopes of catching the next wave. If you bet on the winning company you make a pile of money, if you pick one of the losers then the capital you invested evaporates. Anthropic has positioned itself as OpenAI, except with safeguards, and that could very well be the formula that wins the jackpot. Historically, litigation and government sponsorship have been instrumental in picking winners.

However, as things currently stand, Anthropic is unlikely to win on technical merits over its competition. So Dario's entire job as a CEO is basically to get the government involved. If he can create enough doubt about the people that are currently making decisions in AI circles that the government gets involved, either directly through government investment, or indirectly through legislation, then his firm has a chance at grabbing the brass ring. That's not to say that he is wrong, he might even be sincere. It is just that it isn't surprising that his pitch is that AI has the potential to be wildly dangerous and we need to think about safety. That's essentially the only path that makes his firm a viable long term player.

Comment Re:Honest man [and smart timing, too?] (Score 3, Interesting) 65

He used to win these market timing games because no one was paying attention to huge short positions. You could quietly bet against a company, or, better yet, you could quietly amass a short position and then release stunning negative news that you had uncovered and watch the stock price tank.

These days it is more likely that online investors will notice a large short, and drive the price of the stock up until the person holding the short gets margin called and loses all of their money. The shorters then provide the liquidity you need to get out of the position. There used to be good money in shorting terrible companies, but in an age where hordes of armchair investors can drive the price of GameStop to the moon that strategy is just too risky.

Comment Re:No mention of the 4 BILLION they lost? (Score 1) 57

The problem, of course, is that Sports content is paying more than its fair share of the bill for all televised content. It is easy to see the large bills and assume that sports is a cost center, but the reality is that sport tends to pay its own way, while scripted television is much more of a gamble. To a certain extent that is why most scripted television these days is so formulaic. The television studios know that they can make money with modern versions of "The Rockford Files." That's why NCIS is in its quadzillionth season.

Severance is great, but it is a prime example of what I am talking about. Apple has spent billions of dollars on content at this point, and they are still hemorrhaging money. People like their shows, but they aren't lining up to pay for them. Shoresy is in a better spot, but only because Disney is doing its level best to tie Shoresy to ESPN and other sports related content that people are willing to pay for. The folks wanting to buy ESPN can get the rest of the Disney bundle for pennies. You can't just buy ESPN, you have to buy it with a television package. Disney does this because they know that if people have their other channels, then they tend to watch them. They are willing to pay a premium, however, for sports.

Hulu is cheap, and you can get it by itself. The same goes for AppleTV. All of these cost Netflix amounts of money $12 (or so) a month. When I worked for Sling it's entire packaging was based around making it possible to bundle ESPN for less than anyone else. If you want ESPN the least you can pay is $45/month, and that doesn't give you the other channel's sports package, that you probably want if you are a sports fan as well. It is very likely that the team that you follow will have at least one game on ESPN's competitors. That means that if you are purchasing from Sling you need the blue package as well (which is another $45, or bundled will total $60). You could easily sign up for all of the non-sports streaming channels for less than an Orange+Blue package (which once again is as competitively priced as it is possible to do). I was just looking at Disney's bundle, and you can get Disney+, Hulu, and ESPN for $35/month, which is definitely the least expensive way to get ESPN these days. That's with ads, which are added even to VOD content. If you want to watch your VOD content without ads that's another $10. Linear content (like watching cable) always comes with ads. Sports fans can't dodge ads ever.

I bring up pricing like this to make it clear which parts of television customers are actually willing to pay money for. If you don't want to pay for sports (and I don't blame you), then you can easily pay $12/month and switch between streaming providers and watch whatever shows you want to watch. All of those services allow you to easily stop and continue your subscription, and none of the content is likely to go away. Heck, chances are good that, if you wait long enough, you can watch the shows that you want on one of the free services. In most cases they are literally giving away old scripted content. The problem with this model, is that it doesn't make Hollywood enough money to be profitable with their current structure. The reason that Disney (and everyone else) bundle channels the way that they do is because they know that they can't afford to gamble on scripted content unless they bundle those risks with the proven money generation of sports content. More and more people like you, who don't want to pay for sports content, are opting for less expensive alternatives that still get them the shows that they want.

This market contraction is why Hollywood is so focused on franchises that have historically been popular. So instead of new shows we get derivatives of things that were popular in the past. Scripted content is risky, and as it gets uncoupled from less risky sports content producers do whatever they can to hedge their bets. So we get a re-re-remake of the TMNTs, Spiderman, or we get another cop show. Recently we have also been blessed with shows that have been popular in other countries or markets (that is legitimately cool in my opinion), but that is also likely to dry up as entertainment becomes more global.

Which leaves what can be done on Youtube budgets for anything remotely risky. Which is fine, I suppose. Personally, I like watching people restore old sailboats. That's not something that is ever going to be more than a niche market, but on Youtube that's enough of a market to make it financially viable for a few people. Maybe with AI it will even become possible to do good SciFi with that sort of a budget. Who knows? One thing is certain, it is definitely interesting times ahead.

Comment Re:No mention of the 4 BILLION they lost? (Score 1) 57

Getting together with my college friends to watch Star Trek the Next Generation was awesome. Those are definitely core memories. But even then there were issues. I never got into Babylon 5 because I worked while that was on. I recently decided to watch them, but it's not the same thing.

My kids (I have 6) get together every Sunday to watch "Dancing with the Stars." They are always a bit sad that they are days late to be able to vote, but the fact that they can watch on their time means they get to watch it together. I feel that's progress. Quite a few of those style of shows have call in votes specifically to drive viewership at the same time to boost numbers.

Comment Re:No mention of the 4 BILLION they lost? (Score 1) 57

Netflix Disc was awesome. I also miss that a lot. If you aren't interested in live content you should be able to get the shows that you want at an incredible deal. These days I personally mostly watch Youtube. But I sometimes sign up for a month of one of the services to watch a particular show. They basically all allow you to cancel any time. There are also DVR tools that record over the air television that are pretty good. Depending on where you live you might be surprised at what is available. Plus, there's always piracy. Another advantage that sports television has over serial shows is that live television is much harder to pirate. Chances are good that your friendly neighborhood pirate site has all of the episodes of whatever it is that you want to watch.

If you are paying sports fan prices for television without watching sports, then you are definitely not getting a good deal.

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