But higher inflation implying that “rates should go up” is central bank doctrine. It’s not a general law of how economies function.
Central banks intervening with interest rate adjustments is what distorts the prices of equities downward, when inflation rises.
Without central bank intervention, inflation should theoretically push equities higher (a highly-inflated economy driven by rising demand is by definition a well-performing economy!).
Central banks intervene because runaway inflation can be harmful to wage-earners (they save in dollars, not assets).
But I’m not sure if a 2–3% inflation target is ideal. It seems to me that this arbitrarily low inflation target restricts the growth of the economy in ways that might affect wage-earners, defeating the stated purpose of monetary policy, since higher rates also have the effect of curbing job growth as well as raising the cost of servicing mortgages.
Your pricing currently seems prohibitive for that kind of use case. Shouldn't it be usage-based so one can build a product where users can connect their apps without having to worry about arbitrary limits on plans? There should be a PAYG option that simply charges per connection, and automatic volume discounts.
Does that mean that using Prisma Accelerate and Pulse with an external database will cost the same as using it with the bundled database? (Since I don’t see database-specific costs for storage, read replicas, PITR, backups)
A fellow HN reader I know in a Covid Cautious online community shared your comment with me, and I just wanted to come here to say that you’re not alone.
There are some of us who stay largely indoors and only leave the house for essential visits, with a respirator. I’m one of those people.
I don’t know if you’re able to find a local community that’s cautious too.
But if you want to talk, I have contact details in my bio.
Why do you think I said Long COVID is shaping up to be like HIV/AIDS?
The parallels between the two are stark: How the CDC and NIH bungled public health advice and research funding, how clinicians are ill-equipped to treat it, how the public is clueless about the long-term harms of post-viral immune dysregulation [0].
Both AIDS and Long COVID are post-viral, multi-organ, chronic conditions that dysregulate the immune system, through many of the same mechanisms [0].
They are also conditions that severely affects the quality of life of those who are afflicted, increasing the risk of severe life-threatening illnesses [1].
Similar to the early years of the AIDS pandemic (which, I might add, is still ongoing), the harms of Long COVID are not widely understood or acknowledged in clinical practice or among the general population.
And Long COVID is shaping up to be our generation’s HIV/AIDS.
History rhymes because people don’t ever learn. We deal with one problem or crisis at a time, instead of generalizing what was learned in order to help future generations avoid the same mistakes.
That’s because most of such “UX” articles are written by junior designers looking for a job (writing to promote themselves) or working in an IT services agency (writing to promote the agency).
These individuals tend not to have a whit of formal HCI education or real-world practice.
When you have little theoretical grounding and real world experience, all you have is examples from apps you spot in the wild to learn from. You don’t know what makes something work, and you have never seen it work yourself.
You might learn the wrong thing: that if some popular or financially-successful app out there has implemented a particular design pattern, that it must be a “best practice”.
It’s kind of like how most “how-to” articles, YouTube tutorials, and Udemy courses in software dev are made by junior devs.
The phase after the hype dies down is called “The Slope of Enlightenment”. Hopefully that’s true for crypto, since the space has incubated a lot of good but poorly-executed ideas.
Microsoft helping climb the slope of enlightenment doesn’t sound like a half-bad idea.
Thank you for the quick response! You guys are building something really cool, I have no doubt that once you figure out pricing it has the potential to go viral.
I’m a product/frontend guy who’s trying to build a side project, and backend stuff has always been a PITA for me to figure out.
Right now I’m torn between investing time to learn AWS Amplify, or investing time to learn 8base.
8base has already captured my imagination, and I can’t wait to go further with learning it. Unfortunately I feel uncomfortable creating a few projects to practice and then later being shut out of them or be forced to pay $8/mth.
Being sustainable is important, but not at the expense of people’s ability to tinker/learn.
At the very least, offer a highly-limited and almost-crippled free tier, like Heroku or Glide does. Maybe you can only register a few users. Maybe the # of function calls are limited to a few a day. Or maybe dormant apps go to sleep.