"A particularly annoying turd known as “winsock” "
Ha! I'm with you there. Have a pint on me.
1820 publicly visible posts • joined 18 Feb 2014
May be your life.
"In January El Reg revealed that hundreds of thousands of NHS patients who opted out of having their details shared with private companies under the controversial Care.data scheme would not be invited to a number of cancer-related screenings."
Did I miss something? Have we really arrived at such a low point?
I am a great admirer of Musk and his "can do" attitude but he's dead wrong on this. I'm (almost) comfortable with the pilotless plane, since an aircraft follows a well-charted route with little or no deviation, except under closely controlled conditions. Plus, the air traffic control all but eliminates the risk of mid-air collision.
I can also see how a driverless car manoeuvring the grid-planned highways and streets of US cities would probably do well. BUT, I've just come home from driving around a town whose layout was probably fixed in the 11C according to a ragbag of mediaeval property rights, local drainage problems and stubbornly unmovable tree stumps (until the coming of steam power anyway). I'd like to see one driverless car manage the trip, regularly, let alone a (what's the collective noun - Johnny Cab?) collection of them.
There is still a great deal to be done on the training of human drivers and, going against my normal democratic tendencies, I believe a minority of people shouldn't be allowed to drive (based on the way they do drive. But that's another discussion.
With my desktop and laptop I have the (probably illusory) feeling that I'm in control of the device. I decide what's installed; manually thank you Adobe etc., set up the security, decide what accesses the 'net and so on.
When I got my first smartphone I quickly decided that it wasn't my phone. Apps would update themselves, and let's not get started on the "permissions" debacle.
So, I decided against undertaking any financial transaction on the phone, other than buying some minor tat on eBay.
I haven't changed that view.
I dunno if it originated in Hollywood, but you make an excellent point. I have seen accounting move from being an indispensable tool for managing a business to, let's face it, something a street magician would be proud of. Smoke and mirrors (pace earlier post) where "value" is extracted using financial tricks that are totally disconnected from what most people would recognise as the real world.
I think we can all agree that people in the developed world have become richer in terms of stuff, but at the same time many are looking at working longer hours, living in smaller houses than their parents (and renting them) etc., etc. So, perhaps we also need some index on how people have become poorer to do the overall sum.
I remember some think tank in the 70s predicting that citizens in the 21C could look forward to an income of $100k p.a.; what happened to that? Maybe if we divided up all the money equally... (trolling slightly here)
On the plus side the tramp has never had it so good as he can now choose from discarded cans of beverages from around the world to enjoy in his skip (US dumpster) that his antecedents could only dream of.
I'm happy with a talking bottle, but I prefer Alice's version
Pint, natch.
"But, as Buffett notes, while that money doesn't “belong” to the insurance company, the profits to be made from investing it do"
So, like a bank then. Except that the bank has the added "benefit" of being able to create more dosh out of nothing by the fractional reserve mechanism.
There is an argument that the profits made out of "investing premiums" could be used to cut said premiums, and I guess that you're hinting at this in your section on competitiveness in the insurance industry.
I used to think that money was "broken" but I'm beginning to see it as being transmogrified (love that word!) into a device increasingly for exercising power in the interest of a minority.
T'was ever thus, I suppose.
I've never knowingly read any of Morozov's stuff (my Portuguese is a bit rusty), but the article referenced doesn't seem to be very contentious.
A few comments on how Silicon Valley tends to oversell tech solutions to problems, and some cautionary advice on how information can have a different value to different groups, depending on what they (can) do with it.
Did I miss something?
I'm too much of a "bear of little brain" to get my head around the issues involved with the Greek and larger European position but I can manage some random thoughts:
1. The bankers will be involved somewhere along the line.
2. There are powerful interests who want to see the European project fail (see 1., divide and conquer etc.)
3. Currency union before tax harmonisation never made much sense to me.
4. I travelled to Brussels on the first day of the euro. I was absolutely amazed at how smoothly the whole transformation of individual national currencies had been achieved (yes, I know there will be some small exceptions). I was astonished at the logistics of transporting hundreds of thousands of tonnes of hard currency into position ready for the "go". I was disappointed, but not surprised, not to see any appreciation of this planning and execution in the UK press.
You could write the Daily Mail using robots. Actually, you could do it with little more than basic organic matter.