Alimentar

joined 1 year ago
[–] Alimentar 3 points 1 year ago (1 children)

I didn't realise you wrote the article. I just wanted to quickly express how articulate and well written it is. And I completely agree with your points on the free market, government intervention and how unsustainable our current system is.

Though my view with algocracy is more to do with the types of individuals that are running the show. The wealthy, powerful and influential. The types that will stop at nothing to get what they want.

I feel that these people will always find opportunities to bend and manipulate systems in their favour. If it threatened their status, they'd destroy it. If they were somehow pushed into a corner they'd find ways to manipulate it.

It may be pessimistic but I really believe that in a dog eat dog world, there is no such thing as a system that is truly fair. You say an algorithmic system solves that. But I believe we'll never reach it... Not in a way where these people would lose their influence. They would never allow it.

[–] Alimentar 2 points 1 year ago (3 children)

The problem with algocracy is someone has to define the laws in which the algorithm has to base it's decisions. And if someone is writing those laws, how can we know they're impervious to corruption.

[–] Alimentar 1 points 1 year ago

I would also like to point out. It's not always so one dimensional. Don't forget fossil fuels is not only energy. Ammonia derived from gas is heavily used as fertiliser, which is incredibly important for food production.

A lot of manufacturing requires fossils fuels to heat, melt and process materials.

Oil is also used in manufacturing, lubrication, transportation. It's also converted into plastics, lotions, medicine, electronics, you name it.

Fossils fuels plays a very important part in everyday life. I feel people think it's easily replaceable but it's interwoven so deeply in everyone's lives. Advocating to drop funding and fossile projects could have some serious knock on effects.

[–] Alimentar 80 points 1 year ago* (last edited 1 year ago) (3 children)

YouTube Vanced was shut down because they tried to monetise it by releasing their own crypto NFTs, sparking Google to shut it down. I think for now Revanced is safe.

[–] Alimentar 4 points 1 year ago (1 children)

Honest question here. Could it be possibly that as they improved their DRM with more triggers and methods that it has started to impact performance since 2016?

As Empress was cracking Denuvo, I wouldnt be surprised if they started to quickly add extra defencive measures compromising what could have been optimised in the past.

[–] Alimentar 2 points 1 year ago

Yeah it happens to me on all the images I look at

[–] Alimentar 5 points 1 year ago

Thanks man! Every post I see with a recommendation I see your comment "yeah I can do that". I love it! Keep up the good work. I too will be staying

[–] Alimentar 1 points 1 year ago* (last edited 1 year ago)

I guess it depends on how you define inflation. To me inflation is the ratio between goods and services and the money supply. Inflation isn't rising prices. Price rising is a symptom of inflation. I just don't think it's beneficial to use inflation interchangeably with supply and demand and price rises, it just creates confusion. I very much favor the macroeconomics view of inflation because through that lens a lot things start making sense.

Since this is your field, obviously you'd know that if you have more goods, you get deflation. And funnily enough when you look up the definition of deflation it's very strongly tied to that ratio between goods and services and the money supply.

I just feel that over time people have changed the definition of inflation. It's no surprise that the term Greedflation has popped up because the topic surrounding it has been convoluted, confusing a lot of people.

[–] Alimentar 10 points 1 year ago* (last edited 1 year ago) (2 children)

Inflation is the devaluation of the currency. The definition has been muddied for a time now but ultimately inflation refers to the expansion of the money supply.

As people/corporations borrow more and governments print more, prices increase. Not because those items have more value but because the money has lost its value needing more of it to pay for the same stuff.

If tomorrow everyone's wages would double. Prices would double as demand would increase and the market balances itself out.

Greedflation is a term that shifts that narrative. You could argue that yes there are bad actors for sure. But the term greedflation is redefining inflation, making you focus more on corporations raising prices instead of the main contributor, an expanding money supply.

[–] Alimentar 1 points 1 year ago (1 children)

I've heard that the value of your loot depends on how 'perfect' you are at killing it. If you sturggle with it, you won't be rewarded as much.

[–] Alimentar 1 points 1 year ago* (last edited 1 year ago) (3 children)

Yes it's bad. Competing for market share should be balanced and free of government intervention. How does a company (small or large) hope to compete against a company that is being subsidised.

Tesla can then undercut their competitors as they don't need to make a profit. They're subsidiesed.

Then the government has also imposed regulations for car manufacturers, that if they don't sell enough EVs in the year, they have to pay a penalty by buying carbon credits.

Well Tesla sells those carbon credits. So they can undercut their competition, entice consumers with lower prices and recoup the losses through subsidies and selling these credits. All thanks to government intervention.

Basically screwing competition and screwing you. As these have knock on effects.

 

Next to the comment counter, I can't seem to figure out what the bracketed number indicates. For a second I thought it meant new comments, but I've seen some posts that have 2 (+2) and when I open it, it still only has 2 comments.

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