ir123
Everything is here
https://en.wikipedia.org/wiki/Riba
> While Muslims agree that riba is prohibited, not all agree on what precisely it is.[2][3] It is often used as an Islamic term for interest charged on loans,[Note 1] and the belief this is based on — that there is a consensus among Muslims that all loan/bank interest is riba — forms the basis of a $2 trillion Islamic banking industry
This is enough to negate what you said here:
>it does not. there is absolutely no basis for "islam forbits interest".
Could you explain what you mean here?
>the problem didn't exist till then so someone just literally invented it and then sold a solution
What problem didn't exist and what was invented and what was the solution?
- consider case where the task is CPU intensive but not so critical as to eat into other parts of the code
- consider the case where the task needs some data loaded for it to work. I don't think it is a good idea to have that data loaded into the monolith.
Obviously this would mean that countries that previously relied on subsidised labour from those third world countries would have to start paying up. I'm not suggesting that it is a zero sum game however.
Let's say there's a new company that develops technology to grow apples efficiently.
This company will be eventually able to sell its technology. But why would apple growing companies buy it? They can grow cheaper apples and thereby make more profits. So it follows that our apple tech company will be able to make profits.
Central to this example is that apples are valued by people. People WANT apples. And if they can eventually buy it for cheaper they are better off.
Now from the shares point of view, why will I buy shares of apple tech? Because I believe that this company will actually develop the technology, go on to make actual tangible profits by selling to companies. And I believe this because I believe apples are actually valued by people.
Now what will happen to the society if this company goes down under? The society on the whole lost the opportunity for cheaper apples (again valuable). And obviously the few investors who had put the money lost part of their wealth. (Similar to burning one's money)
So to answer the question, where did the wealth go? I think it's equivalent to a situation where if all my wealth were in eggs but they all rotted away.
Now to ascertain whether wealth vanishing is a good or a bad thing, i think that is directly dependent on your subjective opinion of the value the wealth was attached to. In the case of apples, it would clearly be a net loss to society.
But if we take shares of a porn company going down, there was no net loss to society because my subjective opinion on the value of porn is 0 or negative.
> Deepak mentions that 15% of those classified as SC/STs also wear the sacred thread
My point is that this is incorrect.
I wouldn't trust Sai Deepak with anything, he's a nut job who for some reason sounds eloquent to the upper class Hindus.
We developers are just part of this game, just incidental to the story. We are paid more simply because a lot of money comes in from top, not for some nonsense like we are "highly skilled" or the supply is less.
Yes I do believe that most of tech is a zero sum game, hardly any value is created.
Where does it end? It ends when VC's get bored of this game and move on to other things
There's a big (one of biggest) travel e-commerce company that hires in the Netherlands. I wont fully endorse the company, but from what I can see, there are groups dedicated to appreciating neurodiversity (and others for lgbt stuff and the like).
You can try over there.
>To date, China’s size has meant that its per capita emissions have remained considerably lower than those in the developed world ..... This comes in just below average levels across the OECD bloc (10.5 tons/capita) in 2019, but still significantly lower than the US, which has the highest per capita emissions in the world at 17.6 tons/capita
Per capita emissions of USA is way higher than that of China despite China bearing the brunt of manufacturing.
> A large share of the CO2 emitted into the atmosphere each year hangs around for hundreds of years. As a result, current global warming is the result of emissions from both the recent and more distant past. Since 1750, members of the OECD bloc have emitted four times more CO2 on a cumulative basis than China
Isn't it hypocritical to have devoloped through the 19th and 20th century by polluting the atmosphere but then accuse China when it their turn to develop?
source: https://rhg.com/research/chinas-emissions-surpass-developed-...
Why would I in my right mind use crypto? Im not doing anything illegal and I'm not ideologically opposed to paying my taxes.