Wouldn’t it be more economically and fiscally efficient to…pay people after retirement by printing money on demand? It’s effectively what we are doing except we now introduced a bunch of middlemen (Wall Street) and funnel retirement money into vehicles for the rich. Current system makes no sense to me.
Think about the fact that education is pretty much free there. They even pay for Western institutions to set up satellite campuses. You’d think they should have the most educated and skilled labor in the world. At some point, you have to realize it’s cultural: they don’t want to work.
Funny you mention Switzerland because they have some of the highest skilled labor in the world.
For decades, they wanted to diversify away from oil and build tech industries. The problem is they don’t have skilled labor and would have to import “slaves” as they do with everything. They have some of the lowest skilled and laziest labor in the world. If/when dependence on oil ends, these countries will go back to being poor.
Edit: contrast ME with Mexico who is running out of oil. Yet, they are able to build because they happen to have some of the hardest working labor in the world (though not notably skilled). I rather bet on Mexico revival over ME 100/100.
And you wonder why China is experiencing brain drain. Rest of world is moving toward 4-day work week and these guys think their citizens are dumb enough to slave away their lives.
I didn’t know Threads is still a thing. It is still very much barebones and frankly laughable for a product pushed out by a trillion dollar company. The fact that it took them five months is even more comical considering that all they did was pare down IG.
How’s that prejudice? If you went and worked for Tesla after 2020 when all of their flaws were out in the open, then you opted into that environment. Are you saying you don’t make hiring decisions based on resume and where people worked? Hiring is always a subjective process. “Cultural fit” is a thing.
Tesla is stuck with him and that will be the end. I do wonder why anyone with talent would work for Tesla at this point. Such a polarizing thing to have on your cv.
Who educates these scientists through PhD programs? Oh, OK. So we are paying these people to get their PhDs so they can go and start a company to scalp people with drugs that deliver 10% lift in efficacy. What a scam model.
How were consumers harmed from iMessage? Apple doesn’t stop people from downloading Whatsapp and hundreds of other communication apps. The only semi-valid argument they have is the app store. And even that is 10-20% chance considering Apple’s market share. Even though this is DoJ, this is all a part of Lina Khan’s naive crusade against NATURAL monopolies. Just because she doesn’t understand economics and how the real world operates in 2024.
That’s not what antitrust is about. Functionally speaking, you would not be able to prove there’s economic harm. Apple’s share of smartphone does not even compare to MSFT’s share of PC back in 90/00s.