singron

joined 1 year ago
[–] singron@lemmy.world 1 points 9 months ago

If you sue for too little, the case will get summary judgement, but that doesn't really seem like a risk in this case unless there is a specific law that makes this clause unenforceable.

[–] singron@lemmy.world 2 points 9 months ago

It's funny you mention that since YouTube led the web in dropping support for IE 6: https://blog.chriszacharias.com/a-conspiracy-to-kill-ie6

That kind of thing isn't quite in their DNA anymore, but you never know.

[–] singron@lemmy.world 30 points 9 months ago (4 children)

The blacklisting is interesting, but a 1% default rate doesn't seem particularly high. E.g. the US default rate has possiblity never been that low (graph only goes back to 1991): https://fred.stlouisfed.org/series/DRSFRMACBS

[–] singron@lemmy.world 5 points 10 months ago

Stock buybacks don't reduce profit for the company. They are not accounted as an expense that offsets income. Investors pay capital gains tax instead of income tax that they would pay on an equivalent dividend, which is probably what you are thinking of.

Net revenue, gross profit, operating income, EBITDA, and (net) profit are some well understood measures that take various things into account. E.g. net revenue subtracts the cost of inventory, but it doesn't subtract wages, so it's probably a good starting point for a discussion on redistributing earnings among workers.

[–] singron@lemmy.world 8 points 11 months ago

Debtors prisons are still illegal and don't exist in the US. It's all explained in the article, but the issue is really that poor people have bad legal representation, local judges aren't all great, and private debt collection is out of control.

In the US, your creditors should generally only be able to garnish your wages up to legal maximums. You can't get prison sentences in civil trials.

Arrests are a last-resort way for a court to force someone to appear. The other jail time is basically contempt of court for failing to comply with court orders. These should probably exist in general, but they are likely misapplied for the above reasons in these cases.

Write to you representatives about the above stuff, not debtors prisons, since they won't know what you are talking about.

[–] singron@lemmy.world 11 points 11 months ago

Also most workers at tech companies are not computer programmers. Marketing, sales, support, success, operations, managment, recruiting, HR, accounting, project managment, and product managment usually make up most of the employees. You are probably better at these jobs if you have prior experience in the same industry, but what job isn't like that?

[–] singron@lemmy.world 5 points 1 year ago

These are all so old that I think it supports the point. A lot of today's useful materials, chemicals, and pharmaceuticals were invented by corporations around that time, but in recent history, corporate labs have been gutted and cherry pick out of universities.

E.g. in recent history, AlexNet came out of utoronto, Google bought Alex's startup shortly after, and then Google started developing deep learning models.

[–] singron@lemmy.world 24 points 1 year ago (2 children)

They didn't actually win. It had the some procedural non-decision that the Colorado bakery case had (i.e. the regulator failed to be sufficiently neutral). They got fined again and that is being appealed. https://en.m.wikipedia.org/wiki/Klein_v._Oregon_Bureau_of_Labor_and_Industries

[–] singron@lemmy.world 2 points 1 year ago (1 children)

If the next president reverses the order, then all these people are in the same position and might owe additional interest. Banks know this, so they will hold it against anyone seeking credit. Congress doesn't even have to vote.

With the income based repayment, they aren't considered delinquent on their loans, interest doesn't build, and there is a path towards having the debt forgiven eventually.

[–] singron@lemmy.world 4 points 1 year ago

Details of the 10b aren't public, but we know it's a multi year deal, so it's possible that OpenAI doesn't actually have the full amount in cash now, and they could go bankrupt before they unlock the full amount. In the event of a bankruptcy, Microsoft could be in a position to acquire their assets for themselves on the cheap.

[–] singron@lemmy.world 2 points 1 year ago

Mostly NixOS unstable. I have one machine still on Arch, but i plan to switch that to NixOS too.

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