He’s very good.

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Joined 1 year ago
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Cake day: June 20th, 2023

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  • Your description of a drink that takes the world by storm, increasing in market share but dropping in quality may be roughly accurate analogy for a lot of consumer goods, but even in this telling the market is improving if that drink is displacing even lower-quality competition.

    In terms of non-alcoholic drinks sold in coolers in convenience stores and grocery stores, we’ve seen the steady march of improving products as an average across the shelves, even if the same product name might be getting worse. In the 80’s, the dominant market share for orange juice in grocery stores was frozen cans to be mixed with water at home. But Tropicana and Florida Natural and a few other brands made a splash with not-from-concentrate orange juice. Old brands like Minute Maid got in on the action, and new brands like Simply rose up, too.

    Now, it might be that these brands have gotten cheap with stuff since dominating market share. But if you look at who they took that market share from, it’s unquestionably a lower quality product they’ve displaced.

    Across the beverage industry as a whole, you’ve got a whole bunch of newer higher priced drinks, where the unfathomably expensive for 2000 Red Bull is basically the middle of the pack for energy drinks, and where there are so many beverages that cost several times as much as Coca Cola.

    So that’s a story of a forward march in higher prices for qualitatively preferred items, over that amount of time. This story I do think applies to processed food and drink, as well as electronics, prepared food, home furnishings, and cars. We expect a lot higher quality every year, as the things get more expensive, and we feel annoyed that any particular brand or model seems to be slipping in quality while we as a consumer market tend to move up the chain.

    We’re angry that streaming seems to be slipping back to cable-like quality, when streaming as of 2024 is still a much better value proposition than cable in 2014. The displacement is happening in two directions, for a net benefit to the consumer in a way that doesn’t feel like a benefit. Same with music, video games, etc.

    The real story is that housing, education, healthcare, and dependent care (both childcare and elder care) have gone up so much faster than inflation that these things are finally squeezing normal people out of their comfort zones right when the other stuff stopped dropping in price as much as before.





  • Your scenario 1 is the actual danger. It’s not that AI will outsmart us and kill us. It’s that AI will trick us into trusting them with more responsibility than the AI can responsibly handle, to disastrous results.

    It could be small scale, low stakes stuff, like an AI designing a menu that humans blindly cook. Or it could be higher stakes stuff that actually does things like affect election results, crashes financial markets, causes a military to target the wrong house, etc. The danger has always been that humans will act on the information provided by a malfunctioning AI, not that AI and technology will be a closed loop with no humans involved.


  • to my knowledge, Bluetooth doesn’t work with airplane mode

    The radio regulations were amended about 10 years ago to allow both Bluetooth and Wifi frequencies to be used on airplanes in flight. And so cell phone manufacturers have shifted what airplane mode actually means, even to the point of some phones not even turning off Wi-Fi when airplane mode is turned on. And regardless of defaults, both wireless protocols can be activated and deactivated independently of airplane mode on most phones now.

    an airplane full of 100 people all on Bluetooth might create some noise issues that would hurt the performance

    I don’t think so. Bluetooth is such a low bandwidth use that it can handle many simultaneous users. It’s supposed to be a low power transmission method, in which it bursts a signal only a tiny percentage of the time, so the odds of a collision for any given signal are low, plus the protocol is designed to be robust where it handles a decent amount of interference before encountering degraded performance.


  • It makes them look weak and pitiful

    To whom? Are we even the intended audience here?

    Reporting over the last 10 years has shown that Xi Jinping has been obsessed with the idea of “color revolutions,” whereby popular movements from within a nation’s population overthrow the ruling apparatus. Rightly or wrongly, the current CCP sees revolution from within being the most dangerous threat on their power, so much of what they do is best understood as being aimed at stifling that kind of movement.





  • After being acquired by Google, YouTube got better for years (before getting worse again). Android really improved for a decade or so after getting acquired by Google.

    The Next/Apple merger made the merged company way better. Apple probably wouldn’t have survived much longer without Next.

    I’d argue the Pixar acquisition was still good for a few decades after, and probably made Disney better.

    A good merger tends to be forgotten, where the two different parts work together seamlessly to the point that people forget they used to be separately run.



  • If construction is delayed by an injunction

    Can you name an example? Because the reactor constructions that I’ve seen get delayed have run into plain old engineering problems. The 4 proposed new reactors at Vogtle and V.C. Summer ran into cost overruns because of production issues and QA/QC issues requiring expensive redesigns mid-construction, after initial regulatory approvals and licensing were already approved. The V.C. Summer project was canceled after running up $9 billion in costs, and the Vogtle projects are about $17 billion over the original $14 billion budget, at $31 billion (and counting, as reactor 4 has been delayed once again over cooling system issues). The timeline is also about 8 years late (originally proposed to finish in 2016).

    And yes, litigation did make those projects even more expensive, but the litigation was mostly about other things (like energy buyers trying to back out of the commitment to buy power from the completed reactors when it was taking too long), because it took too long, not litigation to slow things down.

    The small modular reactor project in Idaho was just canceled too, because of the mundane issue of interest rates and buyers unwilling to commit to the high prices.

    Nuclear doesn’t make financial sense anymore. Let’s keep the plants we have for as long as we can, but we might be past the point where new plants are cost effective.





  • The consumer confidence index has been on a down ward trend over all since an initial jump with vaccine rollouts.

    Yes, and partisan affiliation is a big chunk of that shift during late 2020 and early 2021. Republicans went from generally positive to strongly negative when Biden was elected, while Democrats didn’t flip as strongly from strongly negative to still pretty negative. You can tie it to vaccines, but, uh, I’m gonna go ahead and point out a more significant shift that happened at the same time.

    I don’t think the lived economic experiences of Republicans and Democrats of the same income levels are all that different, but the cross tabs in these surveys show very different perceptions.

    So I stand by my general view that a lot of the mismatch stems from people’s feelings being poorly correlated with even their own experience.

    Telling people they should be happier because unemployment is low is an awful political strategy.

    I’m not trying to formulate any kind of political strategy. I’m just observing people and trying to explain what I see with a predictive/explanatory model, not formulating some kind of message. And my model is simple: Republicans will never be happy about the economy under a Democratic president, and most of the rest of the sentiment is just driven by gasoline prices, and to a lesser extent, food prices.


  • nation wide polls and indicators suggest that people are generally unhappy with the economy

    The Michigan Consumer Sentiment Survey that is basically the standard on this sentiment analysis seems to be heavily correlated with gasoline prices, far more than gasoline prices actually affect the economy.

    And consumer sentiment about the economy has been moving upward over the past few months, while gasoline prices have been low. Did anything change between November and now, to bring it to the highest level of the last 3 years? I’d argue the only real change we’ve seen in the economy over the past few months is low gasoline prices. All the other long term structural things are still present.