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Comment Re:Viva la revolución (Score 4, Insightful) 174

That's interesting. The 3 people I know that started their own businesses got zero help from their parents. Tiny sample size of course but unless you happen to know a lot of entrepreneurs your sample size isn't likely that big either.

They didn't say "got help from their parents", they said "had mummy and daddy to run back to if it all went to shit". Those are two different things. You can be more successful doing risky things when there is a sturdy net to catch you when you fall.

Comment Re:The law should be based on the act, not the too (Score 1) 39

I grow tired of "new" laws/bills suggested when we don't even bother enforcing old laws. Screams of corruption.

Perhaps it's acceptable to look at this as the spirit of the old laws getting addendums so that they are less likely to be circumvented in judge-shopped corner cases, or more to the point, defining more clearly who is culpable in such situations. "It wasn't me, it was the one-armed AI!"

Comment Re:How Long? (Score 1) 24

I honestly don't understand what is so attractive to enterprise IT about MoveIT and Accellion. The core of these products is quotas, secure file transfer and encryption at rest - something EVERY contemporary OS offers pretty much OOB at this point.

Sure you can do these kinds of things with Linux and Windows, but can you get this done with cheap low-salary techs or do you need experienced admins who can actually pronounce "linux" to manage things? Companies invest in this because it's a turnkey solution that allows them to use cheap labor to get things done, and they can scale out cheap labor much more easily to get more of the things done for linear costs. Fixed licensing costs can be managed and forecasted, but skilled labor is much riskier and increasingly expensive.

Comment Re:Spending bill (Score 1) 52

In a proper functioning democracy, there would be a debate about this in parliament

This is not and never has been a democracy. It is labeled as a democracy, further labeled as a republic, and is actually an oligarchy. The founders of the country, all landed white men, gave the vote only to landed white men in order to preserve it.

I await the day of America's advance to true democracy, when I can spend my entire day voting on everything from tax assessments on plastic bags in Pasadena, CA to appropriations of funds for marking lanes on old streets in New Jersey. It'll be glorious.

Comment Re:It's interest rates. (Score 1) 20

I didn't say it was necessarily a good idea before, just that the risk was lower when they were able to borrow money really cheap as opposed to the Twitter leverage where they're on the hook for a billion dollars of interest after the first year. Now even the most optimistic projections don't favor borrowing and speculating. This also means that even businesses that do have cash reserves are sitting on the money to make sure they don't have to use lines of credit. Less intrusive advertising may be a silver lining to this cloud. It takes financial motivation to continue the advertisers vs. browsers escalation. Then again Alphabet may still have such a motivation because they have their fingers in so many pies.

Businesses when interest rates were non-existent: we can do this, we can borrow the money it's so cheap! Let's do it! and not touch our cash reserves.

Businesses when interest rates are higher: we can't do anything, and we have to protect our cash reserves.

Is it possible that many businesses are simply dragons?

Comment Re:The thing is... (Score 2) 82

Pretty sure all Elon's doing with Neuralink is hoping really really hard for an interface that employees can wear that gives them a nice little tickle to that sweet spot in their noggin every time they finish their procedure on the car they're helping to build and it gets to move on to its next post - on time. Imagine the plug that Bezos would make his workers wear in the warehouse. That Pandora sure has quite the box, doesn't she?

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