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Kinglink

@ Kinglink @lemmy.world

Posts
5
Comments
236
Joined
3 yr. ago

  • If UBI (universal basic income) were ever implemented wouldn't corporations and landlords immediately raise prices to effectively take that away from people?

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  • with no reason

    ... If only there was a reason like everyone getting an extra 1000 dollars a month... Oh wait.

  • Leaked SpaceX documents show company forbids employees to sell stock if it deems they've misbehaved

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  • Oops I misunderstood the direction. (I think it was if the employee deems they misbehaved. (I assumed "It" was the employee, not SpaceX. More obvious in hindsight I guess, my bad.)

  • Leaked SpaceX documents show company forbids employees to sell stock if it deems they've misbehaved

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  • That's kind of the point I was making. (She was the one who didn't get away with it)

  • If UBI (universal basic income) were ever implemented wouldn't corporations and landlords immediately raise prices to effectively take that away from people?

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  • "No it'll be so people can go be artists, and be writers and be...."

    There are legit people who believe that.

    And it's not like this money appears magically the government will need to find ways to pay for this, we still haven't solved that problem but even if we did, we'll see that 1000 doesn't change everyone's situation. Stupid people will still be poor because they spend too much money. The rich will save their money, but the middle class and lower middle won't change much because ultimately, 1000 dollars will eventually be factored into the new price of everything.

  • If UBI (universal basic income) were ever implemented wouldn't corporations and landlords immediately raise prices to effectively take that away from people?

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  • more people spending money overall helps the economy

    The idea behind this only works IF more people are spending. If Rent jumps that money goes to the landlord, who may (but probably won't) spend the extra money, and it doesn't benefit everyone.

    I forget the term, but there's an idea that talks about how many people/businesses touch money. So if you create a dollar into an economy (you can't create money with out causing problems but let's pretend it's magic) if that money goes into a person's bank it's probably a bad thing. If that money goes through 10 people's hands, you're getting taxation on it in every place which is a good thing (for the government). Problem is landlords are usually well off (at least well enough to own more than one property). They might not be "mega rich" but they almost certainly will save that money, rather than spend it.

    Besides which stimulus checks are a one time payment... not exactly the same as UBI.

  • If UBI (universal basic income) were ever implemented wouldn't corporations and landlords immediately raise prices to effectively take that away from people?

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  • If there was no external stimulus, they would have a slam dunk case. When every gas station jacks the price up 20 cents because the price of oil goes up, it's just the market.

    Put 1000 dollars in everyone's pocket, every (smart) landlord will react and change their prices accordingly. That's not "Collusion", and the DoJ will never be able to make a case. That's just landlords paying attention to what happened in the world.

  • Leaked SpaceX documents show company forbids employees to sell stock if it deems they've misbehaved

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  • I mean.... isn't that also a legal thing?

    If you know insider information that's not public (A company misbehaved being one of them) you are not supposed to trade stock to financially gain from it.

    Now that's what you're supposed to do... Politicians have proven that's rules just for peasants, and most stock traders heavily benefit from this type of information, and unless your Martha Stewart for some reason, you get away with it... But my point is legally, if you know they misbehaved, that's immediately insider information?

    Edit: I misunderstood the headling/rule. Sorry. Quite a shit thing that granted stock can be revoked, especially after you pay taxes. I wonder how legal it is, because if they can revoke it, is it actually yours and thus do you have to pay taxes on it?

  • Someone gets killed by a car, so they restrict e-bikes.

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  • As far as I read/understand, nope. But if it does limit the assistance to 28 miles an hour, that might be required if the bike goes above that speed. (Note: that's only the point where the power would stop assisting, not the fastest speed the bike can do.)

  • Someone gets killed by a car, so they restrict e-bikes.

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  • Umm that's not exactly what they're saying.

    It would update a 27-year-old law to create three new classes of electric bikes based on the type of motor and how fast they can go.

    Hell the ACTUAL statute is just defining what a e-bike is. You can see it here: https://olis.oregonlegislature.gov/liz/2024r1/Measures/Overview/HB4103

    It does say class 1 can be operated by anyone, but 2 and 3 can be limited to 16 and older. Yes that's more restrictive then the past, but really it's "Defining the e-bikes" because they were poorly defined based on an almost hundred year old law.

    That being said it does limit the top speed of an e-bike to 28 miles an hour, I assume above that it's now a motocycle, and honestly, that might be a good thing, because at that speed they no will come out of no where (hell at 20-30 miles an hour they still will)

    This is hardly as bad as the title.

  • Former Xbox boss Peter Moore says Gen Z may reject new consoles in favor of smartphones and PCs

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  • Do you own a PC?

    Do you think you're a gamer?

    If the answer is No, and Yes. Then that's interesting otherwise, it's nothing new.

    I had a Ps4, and A Xbox One. Now I game on PC. Honestly I'm sick of modern games so I mostly retro game, but a PC is a gaming "console" in that respect.

  • Former Xbox boss Peter Moore says Gen Z may reject new consoles in favor of smartphones and PCs

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  • Heard this two generations straight already.

    Maybe PCs. IF Microsoft brings out a cheap and form factor PC instead of a Xbox whatever they call it. And that'd be a good thing. Besides, a Xbox Series X and a PC is about the same thing except less configuration on the console, and that's fine... Microsoft still makes games, they just bring it to PC as well as their console. We should applaud that.

    But no, Consoles and PCs will be in gaming as long as people buy millions of them, and the good news is they don't buy millions, they buy HUNDREDS of millions.

    And Gen Z continue to buy them too. Because GenZ is 22-38. I hate the phrase but I feel like "OK Boomer" is actually appropriate here.

  • Amazon's Hidden Chatbot Recommends Nazi Books and Lies About Amazon Working Conditions

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  • They work about 75 to 90 percent of the time... You don't really want to hear stories about that either.

    Both sides of LLM stories are just clickbait.

  • The DMA already having an impact. Brave Browser installs surge after introduction of browser choice splash screen on iOS.

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  • Not even seven percent. Lol. Seven thousand which is probably like .0001 percent.

  • California’s minimum wage isn’t enough to keep up with workers’ costs of living, new report says

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  • It's almost as if people pointed out that raising the minimum wage will result in higher costs for everything and thus raising the cost of living.

    Hey you get a hundred more bucks a week? Guess what your rents going up fifry dollars a week.

    Sounds great but groceries rise cost twenty more a month because they are paying their people more. Gas goes up... And everything else costs "just a bit more" because of rising costs for the new minimum wage.

    Maybe the solution isn't to get more money but stop acting like everyone who decides to move to California deserves a charmed life. In the supply and demand metric for jobs California seems to be fine with increasing the supply of workers with out realizing that has caused most of the problems we have. Sorry but just like the game industry until people stop wanting to come out to California with out a job lined up ultimately there's going to be problem.

    Btw I'm definitely not talking about immigration with this I'm talking about someone from Kansas deciding to come out to California for what ever reason, something not working and then bitching that they can't stay here on a minimum wage salary and afford a single room apartment.

    Maybe if that's the case going back to Kansas which has a better cost of living is a better choice than trying to live in a city or state with the highest cost of living?

    Not everyone has to leave to fix this but until at least some people leave the scale will continue to tip against everyone in the state because the surplus of people only raise the supply on people looking for jobs, raise the demand on housing which increase rent and this will continue until this idea that there's a guaranteed perfect Californian life exists for anyone who comes out here is dead

  • Reddit: Return Of The Junk Stock IPO

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  • Active users would, I probably would too. Problem is most apps would struggle to even get new users with that system.

  • Reddit: Return Of The Junk Stock IPO

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  • My wife and I just share our account which has worked perfect though I'm really the one who cooks so the recipe list becomes mine as well.

  • Reddit: Return Of The Junk Stock IPO

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  • This is the result of shareholders. Capitalism doesn't have to turn into this and people can have small businesses that are comfortable and don't grow. But when you get investment involve the question is always "how do you 'grow this business' so I can get a ROI".

    There's a few cases where that's not the case, but the majority of the mindset of the modern business world is fast returns, rather than sustainable growth.

  • Reddit: Return Of The Junk Stock IPO

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  • It does have a "Community" aspect, but honestly I think it's quite weak on that. however if you have someone you know and their recipes are public you can see them, but not in any organized sense.

  • Weight Lifting: How are you supposed to know the weights of unlabled things?

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  • A big part is always going to be stabilization, when you're using the machines you don't need to focus on those muscles, so I usually recommend people doing free weights. It's a similar story to doing chest flies. But the big benefit of the machines is they're designed to conform to the "optimal" range of motion, and somewhat less chance of injury

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