Father, husband, graduate student. Interested in mechatronics and discussing the future of civilization.
Joined 47w ago. Seen 4d ago.
The general failure and ultimate collapse of the Texas power grid should forever be remembered as a failure of unregulated capitalism. For the numerous failures and tragedies broadly attributed to "socialism", I think it is fair to blame this on on capitalism.
Interesting, i generally agree. capitalism is terrible at planning for the worst case scenario. See also: the pandemic
Money = motivation in capitalism. What motivation mechanisms are there with socialism? I would think that part of the reason we have advanced so far in the past few hundred years is largely because of the motivations provided by capitalism. Can it go too far? Obviously.. True capitalism means monopolies..
Wind turbines are a minority in Texas energy mix right? And you shouldn't rely on it to cover your spikes for obvious reasons. For what I know, TX power companies ensure a strictly minimal energy outpout with no regards for potential crisis situatioms. In fact, in case of crisis, as the blizzard that occurred, they will profit off of it by spiking electricity prices due to high demand /black outs. The excuse being : oh it's such a rare occurance, why spending for prevention?
Enough of #TOTD (a tag that I had been using for "thought of the day"). Everything I post here is a "thought" anyways. Also, I quickly gave up on the "daily" aspect of it.
#TOTD running an entire data center to mine cryptocurrencies should be an environmental crime. If a rule like that were enforced globally, people would eventually innovate and come up with a "green" bitcoin.
0 percent interest rates should be an environmental crime. How much excess have we generated as a society due to reckless spending in order to keep asset prices afloat in this global deflationary environment?
#TOTD Four years into my graduate program and I just find out that inkscape has a "diagram connectors" feature. I've spent so much time designing block diagrams by hand!
#TOTD I hate how in the US we have to buy medical "insurance". Insurance makes sense for things likes cars and houses, not humans. Cars don't have chronic problems or syndromes. Cars don't have preexisting conditions (you normally get a factory warranty). If a car is beyond repair, you eventually get a new one and move on. I think making something as complex as healthcare fit the shape of insurance is dehumanizing.
US is the only developed country to lack access to universal healthcare, right.
My hobby: finding words that fit to arbitrary rules for no reason. Examples: words that contain all five major vowels (evacuation), long words that have only one vowel multiple times (stronghold), words in which the singular form ends in S (species). I like to do that in Portuguese and English... I don't know, it's just fun.
Sounds like you might enjoy Oulipo word/writing games. They are also called constraints. languageisavirus.c...
You should play scrabble!
#TOTD People say that capitalism has failed us, but capitalism's goal was never to please us in the first place. We failed to give capitalism the right cost function to optimize for. I think a good way to steer the optimization is to introduce penalties for undesirable behavior. That is, taxes! In the US we tax income, property, and profit. Unsurprisingly, the wealthy have found ways to hide all of those. We should tax wealth directly and carbon, sugar, empty apartments, etc
Feeling super happy. I just found a reference that says _exactly_ what I want to claim in a paper: electric motors are getting better thanks to multiphysics simulation. Thank you IEEE! spectrum.ieee.org/...
Nice! What paper are you trying to write?
Today a colleague told me about a potential unintended consequence of the gradual adoption of electric cars. By the point a significant number of drivers stop buying gas, the economies of scale that we have in place right now will no longer apply, and price will rise. The problem is mostly wealthy people will own electric cars, and mostly poor people will be stuck with old combustion engines and unaffordable fuel.
Cars get old. Wealthier people can afford chasing the next shiny thing, so they move on to newer models. That increasingly creates a market for used electric cars. Prices drop with increased supply. That then triggers demand. And as this trend starts gaining momentum, the market grows exponentially. The same is true with the reverse. As the ICE market shrinks, the availability of models and parts also shrinks. That increases the prices. Higher prices lowers demand. Etc.
Brazil now has a $200 bill. The latest Brazilian money, the Real, was introduced in 1994. So far, the largest bill was $100. In 26 years, an inflation of about 2.7% per year would have caused the currency to lose half of its value. The actual annual inflation rate has been at least twice that. So, in practical terms, a $200 bill makes sense... but I still don't like it.
It doesn't tickle my fancy either. The bill was released in the capital cities yesterday. Haven't seen one yet.
Reminds me of the 100 trillion bill from Zimbabwe :p