partial_accumen
@partial_accumen@lemmy.world
- Comment on [deleted] 1 day ago:
Hmm, by removing Piet and thus hiding the traditional racist representation of black people, or by whitewashing him?
“because he has to climb through Chimneys to deliver gifts for Sinterklaas”. “Has to”?! Is Piet a slave to Sinterklaas? /s /ragebait
Ending the conflict would end the attention.
I recently learned that Mikey Mouse’s classic look was derived from racist Vaudeville blackface dress:
Disney successfully evolved/hid/whitewashed Mickey away from his racist image roots, and few today would say Mickey is a reference to the racist past.
- Comment on Windows 11 could actually become the same kind of mistake Sony made with the PS3 1 day ago:
I’ve been in the Raspberry Pi world for awhile and had a taste of both the more limited selection of ARM based binaries, but also exposed to a bit of cross compiling. I’m sure I’ll run into things that are x86 specific, but that will also give me a chance to be exposed to the benefits and limits of x86 emulation on Apple Silicon.
This brings me to cloud compute. For x86 binaries with no chance of substitution/cross compiling, I am planning on spinning up an x86 cloud instance that will likely accommodate a few more of my needs. I’m fully aware that there will be some applications that will simply have no accommodation, mitigation, or substitution on ARM and I’ll have to “go without”. I do have x86 a Linux desktop in regular use.
Lastly, I also take advantage of ARM based cloud compute, as it is SUBSTANTIALLY cheaper than x86 cloud compute. Having a native workstation architecture matching the cloud compute architecture, I think, can possibly make live easier instead of harder.
Worst comes to worst, I can press an old x86 laptop back into service running Linux.
- Comment on Windows 11 could actually become the same kind of mistake Sony made with the PS3 1 day ago:
While I run Linux on a desktop, I’ve always owned a Windows laptop. I decided last week that instead of ever running Windows 11, I’m going to buy a Macbook and dual boot it with Linux. Yes I know I can run Linux on any number of PC hardware laptops, there are occasionally windows only utilities needed to run firmware or some other proprieatry application. If I can know I can always fall back to OSX for system updates and running proprietary commercial software, I’ll know I never need to touch Windows 11.
May when Microsoft realizes Windows 11 is Vista 2.0, Windows 12 may be great. With Linux and OSX, I don’t see myself coming back to Windows even then though.
- Comment on Bank Workers, Rejoice! 6 days ago:
Nothing is stopping you from moving to another Lemmy server and blocking .world entirely. You have to find some value here if you haven’t done that already. If you hate it so much why are you still here and posting instead of on another server with other non-Lemmy.world communities?
- Comment on Bank Workers, Rejoice! 1 week ago:
you…realize thats not only where this Lemmy Community is…but also your user account, right?
- Comment on Bank Workers, Rejoice! 1 week ago:
How would that work, even on paper? Not being a dick, just don’t understand. So it’s literally just, “you can never own this property fully?”
Yes. The tradeoff is you have a property that is in your name (with a bank note attached), and if the property increases in value during the time you own it, when you sell, you pocket the difference. If you have a fixed interest rate, it also caps the growth of your payment for housing for the entire time you live there. There’s quite a bit of value in that.
- Comment on Bank Workers, Rejoice! 1 week ago:
One weird thing we have is that part of the interest you pay is tax deductible.
This matches the USA system for mortgages.
for this reason there is a type of mortage where you first only pay the interest, and slowly start paying off more and more of the mortage, which means your net mortage fee slowly increases over time, which is nice if you expect your income to increase over those decades.
This sounds new to me. In the USA we do have amortized mortgages so a very high percentage of the monthly payment is interest with little going to principal. Over time that relationship flips where you’re paying more principal that interest. However, in our system the mortgage payment stays the same, only how much of that fixed payment goes to interest vs principal changes.
- Comment on Bank Workers, Rejoice! 1 week ago:
Balloon mortgages would be good in only two situations:
- you’re not planning on living in the house very long, so you likely exit before the balloon payments hit.
- you believe interest rates will decline in the next few years and you can refinance to a fixed low rate
I don’t ever see myself using a Balloon mortgage. Worse, they are frequently sold via predetory lending methods. Unsavvy buyers are convinced to take a balloon mortgage not understanding the payments will rise dramatically in the years ahead. This can lead to eventual foreclosure when the owners can service the higher payments.
- Comment on Bank Workers, Rejoice! 1 week ago:
It an overall bad deal in my mind, but there are some upsides (not enough for me to take it). Assuming you get a fixed rate, you lock in your payment and your “rent”/mortgage will decline over time just from inflation eating away at it. I think most folks would love to have their rent decline by 3% every year. This effectively does that.
Additionally, if you are the homeowner instead of the renter, if the real estate increases in value, when you sell, you pocket the increase. There’s nothing like that in renting.
- Comment on Bank Workers, Rejoice! 1 week ago:
Congratulations on your new home!
Thanks for providing that info on the “afloasingsvrije” mortgages. It was a few years before 2008 when she bought, so that tracks with what you’re reporting.
Here in the USA we have fixed rate mortgages, where you have a single fixed interest rate for the entire length of the mortgage, but I know that not all countries have that. From what I understand in Canada the rates fluctuate during the mortgage where you can get something like fixed for 5 years (maybe 10?) but then the rate can increase on the existing mortgage you’ve already got.
How does the Dutch system work? Fixed for life of mortgage? Continuously variable? Fixed for a time like Canada? Something else?
- Comment on Bank Workers, Rejoice! 1 week ago:
I know someone living in the Netherlands (home of Lemmy.world!) that told me they had interest only mortgages that didn’t pay toward the principal and that this was common over there. It seems like these new 50 year mortgages in the USA are a step going that same way. Anyone from that area confirm this?
- Comment on [deleted] 1 week ago:
I have a small portfolio of space company stocks and keep them as a reminder to avoid active investing.
My boring old Total Market (essentially S&P500) index funds have done much better in the same time as my space stocks.
Wait till gold drops by into it.
Every time the market spikes for gold (as it is now), I run the projects to see if I would have been better off in gold than buying equities instead. Gold has never once shown to be the better investment as vehicle for appreciation.
- Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops 1 week ago:
Yep, thanks for the fact check. Peter Theil is certainly a trump advisor helping shape policy but he doesn’t hold an government office. I’ve corrected my post.
- Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops 1 week ago:
I’m not sure you understand what this article is or how our markets work.
The simple fact that somebody was able even to bet a billion is insanity that should never be possible to begin with. Nobody should have a billion dollars, let alone have so much that you can just safely bet a billion dollars
He doesn’t have a billion dollars. He’s a hedge fund manager that manages (at least) a billion dollars collectively of other people’s investment money. Its that money he’s betting.
Them he’s betting.yhst the economy will crash, basically, and we’re okay with that shit.
No, he’s not. He’s betting against only two companies: Nvidia and Palantir. He has a relatively small bet against Nvidia ($187.6 million), and HUGE bet against Palantir ($912 million). I’m not sure I’d bet against Nvidia yet, but Palantir is co-founded by Peter Theil, trump’s deputy chief of staff which job has a large influence on White House policy. If you ever watched the TV show The West Wing, this would be the Josh Lyman character’s job.
We already know trump’s favor swings widely and if politics are going against trump (as recent news show) then its not unbelievable that Theil might get the boot or at least trump would punish Theil by killing lucrative government contracts to buy Palantir services.
All of this should be illegal as fuck, and this guy belongs in a jail cell
The point of shorting a stock exists so that the market can express a view that they believe a stock will fail. This is an important “canary in the coal mine” for the rest of the market. The other option is a policy that you can’t criticize a company with any meaning and investors continue to put money into failing/risky companies without this important indication of the risk.
Frankly I don’t like your idea of jailing someone that says “The emperor has no clothes”.
- Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops 1 week ago:
The fact that he was even able to make that bet is incredible. How deluded do you have to be to think the AI bubble won’t burst?
Nobody believes the AI investment/growth trajectory we have right now will continue for infinity. What nobody knows is: when the correction will occur.
- Do you pull your investments out now and sit on the sidelines waiting for the fallout while your principal loses value daily from inflation?
- What does the correction look like when it happens? Does all the value evaporate on day 1, the first week, a month? This is important to figure out for this strategy to know when to go back in.
This is the info/decisions you’d need as an average investor. What Burry is doing is the riskiest type of investments with shorting the market. If growth continue to occur he and his fund will have to pay for the growth to those whose shares he borrowed to short.
In summary, its not enough to know that a bubble exists, but to profit from it you have to figure out when it will burst and when the full burst is done.
- Comment on Mathematics disproves Matrix theory, says reality isn’t simulation 2 weeks ago:
You’re a single player I see.
- Comment on I Ate: Burrito. Am I happy now? 2 weeks ago:
You should have a burrito.
This is sound advice. I will follow through with it tomorrow!
- Comment on I Ate: Burrito. Am I happy now? 2 weeks ago:
My only problem is that I’m obsessed with health & fitness.
That might be a problem if it rises to the level where causes you trouble interacting with society peacefully.
I choose not to adapt to a sick obese society.
If you’re talking about your own personal choices and consumption, no one is asking you to be obese. More importantly, the picture or the post the OP made also also doesn’t advocate for an obese society, so your assumption that it is would be projection on your part, no?
If instead you’re saying you won’t tolerate other people in society being obese, that a very large problem because you don’t get to make those choices for others.
And if that makes me an outlier and you think I need to be medicated in order to conform to all the fat slobs in the world,
That’s a nice strawman, but it belongs to you, not me.
I suggested you need might want help because you saw a fairly innocuous wholesome picture of a cartoon character that enjoyed a meal and you wrote an entire narrative about how it would lead to the subject becoming obese and unhappy in life. That’s not a reaction most folks have. Does that seem okay with you that you saw something that would otherwise be considered cute or happy and you only saw darkness in it?
I’m frolicking at a nude beach right now and you probably wouldn’t feel comfortable here.
Continue to do that if it brings you joy and fulfillment and doesn’t hurt anyone.
- Comment on I Ate: Burrito. Am I happy now? 2 weeks ago:
If this is where your mind goes when presented with with the otherwise wholesome image in the OP, I’d really recommend you talk to someone. If you have clinical depression, it isn’t your fault. Its a chemical imbalance and there is help available. We’re all broken in some way. Some people wear their challenges on the outside, other are invisible on the inside. There is zero shame in seeking help.
- Comment on Don't try to stop me 2 weeks ago:
papyrus font is triggering
- Comment on YSK tricks for one of the cheapest meals: beans and rice 3 weeks ago:
or my favorite, steel-cut oats.
If we’re talking about cheap meals steel-cut oats have almost excluded themselves these days. I used to be able to buy organic SCO in bulk for about $1.45/lbs. These days I can’t find any SCO for less than $3.50/lbs and that conventional, not organic.
Where are you getting cheap SCO these days?
- Comment on Ok, boomer 3 weeks ago:
Just using the interest rate is an unfair comparison. You have to go get median house prices and median incomes as well to make a proper comparison. Just saying the rate was higher at some point is useless if we don’t also compare the prices and incomes because what really matters is affordability. Not saying your whole comment is wrong, just trying to say that this particular part seems to be biased in favor of the Boomers.
I’d written a big post already, and diving into all the details and nuance was too much to put in the initial post. You’re right that the interest rate alone isn’t a determining factor, but I’d also disagree that its objectively in favor of Boomers, perhaps subjectively though. Another factor to consider is that in the downpayment requirements. Today we talk about the “best practice” of putting 20% down on a home, but that’s today. The alternative of putting less-than 20% down and using PMI didn’t even exist as a concept until 1971. It grew in popularity later, but in the early days it wasn’t common. Further, with higher interest rates it meant that much lower pay down of the principal was occurring in the first few years of the mortgage because of amortization. It was the beginning of the age of moving more frequently for jobs, which meant less equity build up as each house sale cycle robbed them of that benefit of wealth, arguable the most valuable investment asset of the working class.
Median home price to median household income ratio This ratio is a key indicator of housing affordability
I appreciate you doing and sharing that analysis.
I think we both agree that its difficult to do an absolute comparison on the home buying/owning experience between the Boomer era and today’s Millennials (or GenZ) simply because so many conditions are different. We didn’t talk about Stagflation or unemployment rate in 1982 being 10.8% compared to today’s 4.3%. I pointed out the interest rate being higher because most folks approach new information as “all else being equal” conditions. The audience already knew that housing price was less in the Boomer era, additional it was known that income was higher proportionally to living expenses than today’s Millennials (or GenZ), what I doubted was common knowledge was the sky high interest rates compared to today. Thats what I was communicating.
- Comment on A single point of failure triggered the Amazon outage affecting millions 3 weeks ago:
There’s a huge gulf between pub clowd and shitty on-prem.
We agree on this.
Redundant everything piped in. Redundant everything set up. We run VMs by terraform. Wheeeeee
For that customer of yours, is that a single datacenter or does is represent multiple datacenters separated by a large distance across a nation, or perhaps even across national borders?
Point is, posing shitty on-prem as the alternative to the clowd is moving the goalposts a bit.
I think ignoring that shitty on-prem represented a large part of IT infrastructure prior cloud providers is ignoring a critical point. Was it possible to have well-run enterprise IT data centers prior to cloud? Sure. Was everyone doing that? Absolutely not, I’d argue the majority had at least a certain level of jank in their infra and that that floor is raised with cloud providers. Just the basic facilities is enterprise grade irrespective of the server or app config.
- Comment on Ok, boomer 3 weeks ago:
Lead pipes are less of an issue that it would seem, as the pipes quickly develop a layer of calcium salts on the inside, preventing the water from actually coming into contact with the lead.
This right here.
If people remember the lead in drinking water contamination in Flint Michigan, its because they had lead pipes that were well coated with the protective layers and had no trouble with lead in water. Then the newly elected city manager changed water sources to cut costs against the advice of the water engineers in the city. The other source of water was more acidic and stripped out all that protective coating and suddenly there’s huge amounts of lead in the drinking water from the pipes.
- Comment on Ok, boomer 3 weeks ago:
I guess it’s to be expected. Boomers were raised in pure bliss, spent half their lives relatively stress-free. Everything was easy and cheap. When you live an easy life, you get used to being dumb, uninformed and lazy. The same would have probably happened to all zoomers in the same situation.
I’m not a boomer, but this isn’t quite a fair characterization. Yes, they had cheap college, affordable cars, housing, lots of upward mobility that most of us would love to have today, but they lived through some shit too. Boomers were in their youth when humanity had its closest brush with global nuclear war when the bombers were in the air flying during the Cuban Missile Crisis. They lived everyday with a really good chance the world was going to end in nuclear war. They were the last generation to see a compulsory military draft and many know high school friends that were drafted and died in Vietnam. We think interest rates are bad these days making borrowing expensive. No shit they were having to get mortgages with a minimum of 18% and 19%:
This says nothing about the many racial and sexual discrimination issues that those groups faced making basic life even harder. In Canada it wasn’t until 1964 that a woman could open her own bank account without her husband’s consent. In the USA, redlining preventing people of color from buying homes in better areas denying them untold billions of dollars of generational wealth from real estate appreciation.
Absolutely give the out-of-touch boomers that are dismissive of the problems young people are facing today the shit boomers deserve. They did so much to harvest the benefits of the last century and leave the bill to the younger generations while simultaneously destroying environment for the later generations to thrive the way they did. Just don’t forget that each generation has its problems too and there hasn’t been a generation yet that has been entirely carefree.
- Comment on A single point of failure triggered the Amazon outage affecting millions 3 weeks ago:
That work is still being done by someone in a data centre. But all these jobs went from in-house positions to the centres.
The difference is scale. When in-house, the person responsible for managing the glycol loop is also responsible for the other CRACs, possibly the power rails, and likely the fire suppression. In a giant provider, each one of those is its own team with dozens or hundreds of people that specialize in only their area. They can spend 100% on their one area of responsibilty instead of having to wear multiple hats. The small the company, the more hats people have to wear, and the worse to overall result is because of being spread to thin.
- Comment on A single point of failure triggered the Amazon outage affecting millions 3 weeks ago:
We need to ditch cloud entirety and go in house again.
For many many companies that would be returning to the bad-old-days.
I don’t miss getting an emergency page during the Thanksgiving meal because there’s excessive temperature being reported in the in-house datacenter. Going into the office and finding the CRAC failed and its now 105 degree F. And you knew the CRAC preventive maintenance was overdue and management wouldn’t approve the cost to get it serviced even though you’ve been asking for it for more than 6 months. You also know with this high temp event, you’re going to have an increased rate of hard drive failures over the next year.
No thank you.
- Comment on The Console That Wasn’t: How the Commodore 64 Outsold Game Consoles 4 weeks ago:
I love everything about the c64 and still have my vintage one from childhood. The article skips one absolutely vital component of c64’s success over consoles: software piracy
An Atari 2600 cartridge or even later a NES cartridge would set you back $20-$50. On the other hand, a box of 5.25" single density diskettes you could buy for under $10 and fit 5 to 30 games on by copying them with your friends. That was impossible with cartridges.
- Comment on How gamers were nickel and dimed in 80s and 90s (besides arcades) 4 weeks ago:
When each letter is in a different number, I can understand, but what about “TIPS”, both P and S are on 7, so it’d be 8477?
You got it!
- Comment on AWS crash causes $2,000 Smart Beds to overheat and get stuck upright 4 weeks ago:
