Because not everything can be build to not be dangerous. The potential of electrocution, poisoning from a battery are all real. Not real for you because you're probably smart but you have to think about people who have no idea what they're doing and could get themselves gurt
This is anti-right to repair rhetoric; the potential of electrocution is similarly high when fixing your car or doing your home electrical.
Everyone should be able to fix their own things, AND have the choice to leave it to a professional. Only a few things are legally required to be done by professionals, things like asbestos removal.
So what? Do all the knifes in the supermarket have rounded tips? What if someone stabs themselves with a knife with a sharp tip? Shouldn't we all give up normal knives to protect that one idiot that stabs himself? This is completely silly. No, the state is not your nanny to protect you from yourself.
Things use to come with schematics including devices like Crt TVs that had many thousands of volts with a potential to kill a person instantly.
This whole "omg, the potential of poisoning from a battery or electrocution" (how is it any different if you buy that same battery without the device - perhaps we should ban sales of parts too) is a convenient excuse for manufacturers to make things to be disposable. It has the opposite effect, because the useless device will be thrown into trash and then it will become E-waste with a far bigger potential for poisoning water in some third world country than it ever had by being opened by an "unqualified" person.
I don't think so. People already start to realize that AI won't solve everything in the near future and will hire soon also more engineers again, when the bubble bursts engineers will be valued better again and more jobs should open
looks like a nice idea, if I understand it correct. Do you have any ideas how much you would charge or for which features you would charge or have a free tier?
interesting speculation. I was also very impressed to see her as CTO and I was thinking "my god she must be very smart, good at expressing ideas etc." because she's the CTO, so I was excited to see interviews of her. But I thought the interviews were horrible and I was wondering how she ended up in that position. Still possible that she's just bad in interviews though
yes, that's exactly how I also think about Go's error handling. It was always praised the in the early days but it becomes more and more obvious that it's not a good way of handling errors, let alone reading code full of error returns and if err
I see this argument a lot, but error handling is also code that you probably want to read. Especially if you are debugging a problem. My experience is that exposing the error handling logic makes this easier. But I also like John Ousterhout’s suggestion to define errors out of existence where possible (A Philosophy of Software Design). But that requires more thinking than some developers like to deal with.
The DAX40 is a piece of German financial engineering, aka not fair to compare to the S&P500: the DAX40 excludes a large part of public German corporations + as a price index it includes distributed dividends, which causes an unfair advantage when compared to a price return index like S&P500.
For many economies that's a possibility, but the Swiss Franc has a much larger circulation than proportional to economic fundamentals (like the pound and dollar). That has to do with the perceived stability of the currency. Normally, a run on a currency doesn't work because it's locally used, but as seen in the collapse of the pound in 92 that made Soros a household name, it could. That would force much higher interest rates in Switzerland (or politically unacceptable inflation).
Yeah, but they’ll just blame immigrants, which will make it politically acceptable. Worked in the U.K. last time around, and Switzerland is increasingly xenophobic, particularly the older generation, who hold the power and the votes.
You mean the country that has by far the highest immigrants : citizens ratio in whole Europe? Nationalism is rising on whole continent for quite some time, Swiss expect others to respect their rules and way of life. If that's a mountain too tall to climb for some then they struggle.
Swiss are type of general population that when given choice if to have 4 weeks of fully paid vacation or 6, they vote for 4 due to negative impact on employers. Given similar voting freedom to british population gave us brexit. I wouldn't compare them if I were you
Not really - they'd need to print $200B - which is 1/4th of GDP.
That would match what the US printed during the pandemic ($5.2T) adjusted to the size of the economy. You would expect to get similar devaluation of the currency.
And for what?
Credit Suisse has been one of the worst banks in the world for a decade.
They only employ 26k people in Switzerland (0.5% of the workforce).
The definition of a "systemic" bank is one that, should it fall, could take the world's entire financial system down with it.
So the "for what" would be: to prevent the world's entire financial system from crumbling.
Should one systemic bank fall and make all the other systemic ones fall like dominoes then it's definitely not unthinkable that there'd be logistics issues and very likely famine in some places and probably civil war in several countries. Politicians may not care much: but they care about getting re-elected. And the whole system crumbling and famine and civil war means politicians not getting re-elected.
I mean... Take a small player like SVB: it's not even on the list of systemic banks. A measly $177 bn AuM: that's literally one order of magnitude smaller than Crédit Suisse.
And yet everybody was whining and crying for SVB deposits to be saved and the goverment came to the rescue.
If they don't bail it out, we will have Financial Crisis 2.0. Just the magnitude of derivatives portfolio of CS is enough to accomplish that. Panic ensues. Contagion will engulf other big banks, starting with DB. Will DB be allowed to fail too?
But if they do bail out, then other national banks will have to quickly bail out their banks, too. Almost every bank in the world will have to be bailed out.
it's not about being smart or anything, they just explain how they figured it out, doesn't matter how much money they made, that's just focusing on the wrong things
It does matter, because it's very easy to construct an explanation for how you "figured it out" after the fact, if one of your hundred small bets happened to work out. The person doing it may even fool themselves!
