viola11
The truth is that people do pay for messaging on the internet (email), just not the huge user base a popular free service can get.
As things stands, it does look like the only way to make lots of money out of huge user bases is by selling targeted ads, which in practice seems to be a rather unsavory business that shouldn't be trusted.
Let "sizing a marked" mean "estimating the number of products that can be sold to a given population of persons". An very precise estimate of this number is currently very hard to provide, but giving an order of magnitude estimate is clearly a Fermi problem. Note that the difficulty is providing an accurate and tight bound, not an accurate but imprecise one and that the latter might be valuable too.
Solving a Fermi problem requires estimating a series of numbers from everyday experience. One then multiplies these number together in a mechanical fashion, which could be done in a "ready-at-hand" way by use of a tool. Evidently the process invariably requires contemplating one's every-day experience, and since ordinarily that experience is simply lived this meta-action is an act filled with "presence".
By the way, the problem of capitalism is solved, and the solution shows that it will allocate capital optimally; this is one of the main arguments in favour of capitalist systems.
The problem that the social reality in which we live only partially approximates capitalism (see: non-profit organizations) is the big problem economists, and anyone else using classical economic theory in the real world, struggle with.
In fact, it is a bit stronger than that: he states that the only knowledge that can be used is instinctual knowledge, but since instincts concerns things like what smells indicate spoiled food and legless that animals are dangerous, you don't have any relevant knowledge at all! The best you can do is baseless guessing, though after having gotten funding and done a bit of work you might have some basis for your estimate (there is a caveat that instincts dominate estimates early in the start up process).
The summary ars provides does seem to be what he strove to say, but since two people can easily disagree on what is to be considered "obvious" even that statement allows for less predictive power that seems reasonable.
You can only argue that the exploration of the Americas was a good affair if you ignore the cost of all the pillaging and killing and deaths and slavery... If you include the inhabitants of the Americas when you judge the benefit of the "exploration of the new world", I'm not sure it ends up being a net positive for several centuries.
I also found this little thing that implies that the score distributions aren't symmetric (I think):
"There is no clear pattern in the male to female ratios at the bottom 5% of the math distribution. This ratio is different from one in only 15 countries but in some countries it is larger than one and in others smaller. On the other hand, at the top 5% the ratio of boys to girls is larger than one in 35 countries with the highest estimated ratio in Korea (2.55). In these 35 countries, boys are clearly over-represented at the top end of the math distribution. The quantile differences at 5th and 95th quantiles confirm the same finding, with no clear pattern at the 5th quantile but positive and significant differences in all but five countries at the 95th quantile. "
Doing a quick test, I took some random normal numbers with variance ratio 1.4, and found that the variance ratio is not very sensitive to if I calculate it using the full sample, the bottom half or the top half. In other words, for a normal distribution the reported ratios for the 5th and 95th quantile should be the same within the errors, but this is never the case for mathematics so the scores simply aren't normal.
Once they find evidence of corruption they confront the government that is buying, not the one that could punish the company. Clearly the crime of corruption is not of importance to the CIA (why would it, they use it to recruit, and they aren't a police anyway).
Given that they had the choice between acting and probably-illegally, I can find no reason to act questionably except profit expectations. This in turn means that Uber can reasonable be expected to have come to the conclusion that their technological innovations alone do not provide sustainable growth in the taxi market.
Those are grand words for defending a taxi company that uses an app with driver + passenger ratings as basis for arguing that it is not a taxi company and that it shouldn't need to employ actual drivers.
Are you sure you didn't think about copyright law or investor state settlements laws when you wrote your comment?
Especially in this case since the real innovations that Uber brings in terms of ride allocation are not incompatible with paying taxes and insurance. Rather, the technical innovations of Uber appear to in themselves not be enough to actually compete with existing taxis, hence why the second innovation of actually breaking the law under the guise of technology is so important.
Uber has clearly pivoted into a taxi service, and as such it must compete on price, but somehow the fact they have an app for hailing cabs means they can be a taxi company that doesn't employ their drivers? How does that argument really work?
- Man, Uber just perfected self driving cars and closed my account with them, what am I gonna do now? - I hear prostition is still around.
- Shit, some kid in Senegal just released a database server that can create a sensible schema from an excel sheet, even creating translation layers between the insanity the end user put in and the sensible internal representation! There are no DBA jobs left in the world, what am I gonna do? - I heard those rich actors in Hollywood have acquired a taste for their own "best boys" with strong "grip"...
Honestly, the fundamental situation is not new, only the particulars are novel.
Realistically speaking, the only traveling you can do with perfect privacy is that which you do without involving others. If you use a travel service your desire for privacy becomes an imposition on the free speech of others.