The primacy of European Union law is a legal principle establishing precedence of European Union law over conflicting national laws of EU member states.
The principle was derived from an interpretation of the European Court of Justice, which ruled that European law has priority over any contravening national law, including the constitution of a member state itself.
Looking at the list of countries by minimum wage [1] containing data for 201 countries:
* only 5 countries have nominal, effective minimum wage above $30k (Denmark, Iceland, Sweden, Norway, Switzerland)
* when accounting for Purchasing Power Parity no country has minimum wage allowing to buy more than $30k in US (obviously ignoring Argentina, as it data is not reliable)
Additionally earning $34,000 in 2012 made you into the richest 1 percent globally [2]. So we may guess that today $30k easily lands you in the richest 5 percent globally.
Google Brass Set 2023 as Deadline to Beat Amazon, Microsoft in Cloud.
The Google unit, which sells computing services to big companies, is under pressure from top management to pass Amazon or Microsoft — currently first and second, respectively, in cloud market share — or risk losing funding.
So, 7 hours for sewing, 72 for weaving, 500 for spinning, or 579 hours total to make one shirt. At minimum wage - $7.25 an hour - that shirt would cost $4,197.25.
And that's just a standard shirt.
And that's not counting the work that goes into raising sheep or growing cotton and then making the fiber fit for weaving.
2023-06-02: Lisa Su saved AMD – Now she wants Nvidia's AI crown https://news.ycombinator.com/item?id=36164055
2023-08-09: Making AMD GPUs competitive for LLM inference https://news.ycombinator.com/item?id=37066522
2023-09-26: ROCm is AMD's priority, executive says https://news.ycombinator.com/item?id=37663194
2023-10-06: AMD may get across the CUDA moat https://news.ycombinator.com/item?id=37793635