More than even that, there is more news being generated than there are 3 inch chimp brains available to digest it all (even with AI busy summerizing everything) or act on it.
There is no media theory of information of what happens when info explodes beyond capacity of the system to consume it. (UN report on Attention Economy says less than 1% is actually consumed by humans)
So media orgs, instead of coming up with one, they just keep mindlessly doing what they know how to do - generate more info. Platforms and corps subsidize this activity for their own interests.
So media orgs have no signal/warped signals of how useless what they are doing is.
Fwiw I just run kiwix/zeal locally which has old school search index of all articles in wiki/stackoverflow etc. That seems enough for most of my day to day use.
All that is a side show. What would you have done with the cash if you were right? Thats always the real story.
My Aunt runs an accounting firm and is constantly moaning about the number of people who have over accumulated cash from IPOs and have no clue what to do with it all.
If you have two million euros lying around, that would be life-changing money for me. I'd put everything into VWCE and then live off interest. I think I'd spend a year in Japan just to see what it's like, then travel around a few other countries, and finally settle somewhere back in Europe - buy a small house in the middle of nowhere, renovate it, and then smoke weed and play video games until the end of my days.
Don't you think sitting alone at home smoking weed and playing games might get a little bit lonely? Humans need human contact. Might as well pick up a night shift at the convenience store so you can talk to people.
That's something I have at the back of my mind. My company is completely dysfunctional so 90% of my job is literally doing nothing, which is amazing. The problem is the fear of losing this position.
Just like corporate jobs. The issue I have with the advice is I don't see why _working_ is supposed to be solution, rather than trying to find community somewhere else.
2m isn't going to make Japan allow more than 6 months of stay in a year on a tourist visa. It might be enough to hide yourself from deportation, though who knows what happens when you try to leave. It might be enough to convince a local to get into a sham marriage for spouse visa sponsorship.
Nah, it's just a small-scale form of wealth redistribution. The poster takes themselves out of the job market (making way for someone else), and then goes and spends their IPO money at a favourable exchange rate overseas. Literally everyone wins (versus the poster hoarding money and holding a lucrative job).
Sure. If everyone became software engineers then we'd have 8 billion IT staff and zero food production, which would lead to the extinction of human race by mass hunger.
I'm not sure what's exactly your point besides "if everyone does exactly the same thing, then society collapses".
We love in a kind of bizarro world where the “capitalists” have printed so much money that they’re wildly inefficient in allocation of resources, as evident by all the excess cash sloshing around; while the “communists” of China and to some degree Russia and the BRICS in general are widely efficient in allocation of resources, as evident by the creativity and innovation and advancements they’ve made in very short order.
Russia has allocated a significant proportion of its resources to exterminating its own children.
China has done well, but the rest of the BRICS categorization makes no sense to me. India (and also Pakistan) are behind China on renewables but are having a huge surge right now.
Well, China's efficiency seems to come mostly from the government enforcing competition between companies by several mechanisms, and creating some "free entrepreneurship" areas where they allow people to start companies with almost no strings attached.
And I don't see what you are seeing on the rest of BRICS.
I can't see much creativity and innovation in Russia. They sell oil and natural resources & use the money (whatever is not stolen by oligarchs) to fund an unnecessary war which they are losing.
If anything, Russia is a prime example of inefficient allocation of resources.
Sounds like an Order of Battle that armies publish these days after a war which documents the entire list of units, unit size, commander, equipment, experience etc etc
Well the article is saying transformers are overheating. That means the entire distribution network is probably not rated for such high tempratures and god knows how that is going to be solved even if you change the power plant.
It won't stop if it's ventilated with outdoor ambient air:
40C air can hold 51 g of water per m3 of air. 60C air can hold 130 g of water per m3 of air [1]. The curve is exponential.
So, it works as long as the transformer is hotter than ambient air, even at the most humidest (100% RH). The transformer's heat will drop the relative humidity of the air near its surface, and the heated air can absorb more water again.
If the humidity is below 100% RH, what changes is that the evaporating water could cool it to below ambient air temperature, same effect as in swamp coolers.
I'm imagining it as incremental amounts of a tiny fraction of the amount of energy that arrives daily on the planet from the sun.
I'm guessing the amount of energy is less of an issue than the cascading transformation chains the daily solar energy allocation bounces through, less of an issue than increasing insulation factors in the atmosphere, etc.
Well I was just thinking about how much time and energy it takes to warm a large building. This system is warming things up for thousands of miles. It probably makes what the entire grid consumes look microscopic.
Having a building heating amount as a base unit is likely an error of scale - not incorrect, just not particularly useful or enlightening when it comes to making a model of energy flows and cascades about the planet.
> It probably makes what the entire grid consumes look microscopic.
The entire US grid? Entire global electricity grid? Probably?
Have a shot at putting numbers and units to some of this ... Total amount of daily solar energy fall, total amount of daily energy radiation to space, daily residual energy at sea / surface layer, historic and current human energy consumption (broken into electricity, heat, ??) etc.
The Sun imparts about 7.6 kWh/m²/day at the equator.
Suppose the area of the equatorial oceans is about 100M km².
That's 2.41e21 J/day potential of hitting oceans, but not entirely absorbed. Put another way: about ⅓ the energy of all natural gas reserves as solar radiation per day.
Meta will keep oscillating. Its an example of too much cash chasing too few ideas. Tomorrow Zuck will say solving quantum field equations are the future, and since they wont find more than 8 people on the planet with the skills, execs will start running around furiously producing all kinds of fake activty to validate the "vision". When the system turns into a money printer the 3 inch chimp brain looses all grounding. Humility is the first trait that evaporates. The Attention Economy has zero mechanisms of humility generation. Its a runaway halucination engine. And Meta will keep oscillating till that is fixed.
Not necessarily a bad thing, I'd rather see attempts at innovation or moonshot ideas than sitting on the cash. These are calculated business moves targeting ideas that have a reasonably high chance of success. Isn't Google's graveyard an example of too much cash chasing too few ideas?
I'd rather they do something like google X where they can build a company around the idea, rather than getting a bunch of random PHP/React devs told to build VR, then flopping at it.
They should just return cash to shareholders if they can't think of anything better to do, but I guess Zuck has too many shares and no one can force him to do this and so we have to watch him light money on fire as he chases some gimmick that will take Meta to the next level.
This seems to be the common take, Zuckerberg pissing away money because he wants to and can, and I can’t reconcile it with Metas vulnerable position.
Remember ‘adpocalypse’? Metas cash cows all rely on third party devices and hardware they don’t control. Apple and Google dictate how much info they get on critical fronts, and can cut Meta out at any point. VR was an attempt to create a sustained platform advantage where Meta was in control. “AI” is an area where Metas mining of its own data could plausibly create products and services that would be uniquely competitive against MS/Google/Amazon and OpenAI/Anthropic. Regardless of broader market success, those AI capabilities should avoid a scenario where Metas operations and ad-wizardry have to rely on a third party AI giant who is simultaneously a product competitor, dooming them to irrelevancy.
The accusation is the Zuck is flighty and arbitrary. But his business is arguably a dead-man-walking without strategic realignment. On a 15 year timeline Meta is vulnerable from all sides and swimming upstream against social platform decay. These Hail Mary efforts seem reactive to their vulnerabilities, with an eye to securing long term existence.
It's so incredibly common that when a company becomes successful and only has predominantly one owner, there's nobody to keep him from treating his employees like personal play things.
The incentives at Meta are all wrong, so they will forever spin their wheels trying to latch onto something the next big thing while they continue to simply be a social media company.
There is no media theory of information of what happens when info explodes beyond capacity of the system to consume it. (UN report on Attention Economy says less than 1% is actually consumed by humans)
So media orgs, instead of coming up with one, they just keep mindlessly doing what they know how to do - generate more info. Platforms and corps subsidize this activity for their own interests.
So media orgs have no signal/warped signals of how useless what they are doing is.