Feel like I have the same argument at work everyday. Some things just take a definitive time. 20 cooks won’t make a cake faster. Cooking that cake at 1000 degrees won’t make it faster. It will take the time it takes.

Slow down your thinking and consider this: why would any practical person fully develop something without getting market feedback and understanding demand?

This is by the book “Preto-typing”. You can frame it as lying, but the reality is Apple had faith that all of the “faked” features in the demonstration would be fully developed before launch.

IBM did something similar before voice-to-text existed. They faked the technology during market research and discovered that people didn’t enjoy speaking to their computer as much as initially thought. It showed them that they could better invest that money elsewhere.

It would make zero sense and be a foolish use of capital to fully develop a product that complex and expensive without understanding market preferences.

This is a non-story, rage-bait headline.

My take is that Excel is great for people to throw together quick and efficient tools for their own use. The problem is when these get distributed and then everyone uses something that has no version control or QA/QC.

I see this a lot because an engineer gets annoyed with IT or existing software restrictions and learns enough VBA to be dangerous. (Spoiler, it me.)

Value is subjective, and some people value convenience more than the cost of delivery.

Anyone that bought when rates were still 2-3% isn’t selling unless they’re being forced. Why would they, considering their real interest rate is negative at this point.

This is a non-headline because it’s reporting on something that was expected to happen when interest rates rose.

That being said, this does suck for those who have yet to purchase their first home. Property investors buying with cash have no incentive to stop buying. This is where government should step in and regulate. Those conversations should be headlining instead.

So basically,

1. Banks will repossess vehicles to try and minimise losses
2. Banks will not be able to sell those repossessed vehicles, resulting in losses
3. Banks may become insolvent as they are unable to liquidate the vehicles
4. Government steps in to bail them out

New vehicle prices are not in line with their actual value, so banks are making loans that aren’t covered by the collateral. This is shit management by the banking industry. If it’s impossible to get an auto loan then vehicle prices will eventually fall as supply stacks up. Banks are feeding this cycle by being unrealistic in these loan assessments.

This is a great example of why completely de-regulated markets don’t work. It’s the government’s job to ensure that consumers have choices and prevent both regional and outright monopolies.

Provision of choice allows consumers to vote with their wallets unless firms collude to fix prices.

Either way, this is the fault of government regulators.

I do believe market economies are still the most efficient means of managing resources, but there have to be guardrails. Free Market implies that consumers are free to choose, but that choice shouldn’t come down to Option A or Nothing.

I literally got my Masters degree because I got pissed off at work 2 years ago.

My tastes have definitely changed.

I’m old and I’m busy. I don’t have time for fetch quests that are uninspired time sinks. I don’t have time to play through a game with janky mechanics just for a few bright spots. I don’t have time to farm repetitive shit just so I can do X thing.

I’ve found that most AAA games care more about the time you spend playing rather than whether the game is fun or not. Diablo IVs rapid fall from grace is a prime example of this. This will not stop; it is the end point of the business model. A fun game that people sink 40 hours into and drop is much less profitable than a mid-game that demands a perpetual 10 hours per week.

Others have already hit on it, but my best gaming experiences in recent years have been games that I didn’t buy on release and only found through online word of mouth and hype.

I’m just tired man.

We send each other a squirrel emoji via text

Don’t blame tech, blame the bait-and-switch business model of loss leading products.

Uber never made money because they chose to undercut prices of all competitors and bleed them out.

I’d argue that newer streaming companies (those founded by studios, such as Disney +) did the same thing by roping in customers before jacking up prices.

It may be the “fault” of capitalism, but consider it was capitalism that birthed streaming in the first place. In the long term, the expectation would be a better solution will surface in reference to streaming.. the same way streaming was a solution to cable. Thus is the business cycle.