The hype has gotta keep going or the money will dry up. And hype can be quantified by velocity and acceleration, rather than distance. They need to keep the innovation accelerating, or the money stops. This is of course completely unreasonable, but also why the odd claims keep happening.
Why would the money dry up when we have companies willing to spend $1000/developer/month on AI tooling when they would have balked at $5/u/mo for some basic tooling 2-3 years ago?
First in some cases it is more than $1000/dev/month.
Those companies spending 1000+/developer are doing it with the same hope that at some point those $1000/month will replace the developer salary per month. Or because by doing so more investors will put more money into them.
Take away the promise of AI replacing developers and see how much a company is willing to pay for LLMs. It is not zero as there are very good cases for coding assisted by LLM or agentic engineering.
Referring to a person rich enough to buy human labor as “time poor” is interesting because poorer people working 12+ hour shifts who don’t get paid time off or holidays would consider themselves “time poor”.
Sure, poorer people are also very busy, but i think the GP poster is using "time poor" to refer to people for whom time is their most scarce resource.
When i was a kid, i couldn't afford to buy all of the toys and games i wanted to, but i had plenty of time with the toys and games i did have. Now as an adult i can afford to buy whatever i want (within reason), but life gets in the way of me enjoying those things. I think "time poor" is just the latter part of that transition.
Also, "rich enough to buy human labor" is a silly phrase as well. If you've ever stopped at a coffee shop instead of brewing coffee yourself, or if you've purchased bread instead of farming your own wheat, you've "bought human labor". Don't try to paint willful employment as some evil.
When you purchase something from a company you are buying the commodity not the labor used in its making. A commodity has many costs wrapped into it, including labor. The profit a commodity brings to a company doesn't have a 1-1 relationship with the wage of a laborer, so a consumer buying a coffee isn't buying the labor of someone else, they are buying a product.
"Buying human labor" means you are an employer paying a wage or rate. Generally employers are people or entities that have accumulated wealth through profit. It's fair to say these people skew towards wealthy, hardly a silly statement at all.
> Sure, poorer people are also very busy, but i think the GP poster is using "time poor" to refer to people for whom time is their most scarce resource.
This is the framing I am talking about. Surely, the scarcity of time for a poor person who has to do shift work until they are probably dead is a little more scarce than a rich person who chooses to play the game longer than they have to to put food on the table.
I would have written cash rich to refer to people who can afford to buy other people’s services in the quantity/quality being referred to above.
>Don't try to paint willful employment as some evil.
I don’t know what you’re referring to, but obviously poor people can’t afford to buy anywhere near as much (or as high quality) human labor as rich people.
Both rich and poor people can be time-poor. Depends a lot on priority and values. I value spending time with my family and I will often trade money for time to enable that.
Half my comment was on readability. "Time-poor" reads better than "time poor" when no quotation marks are used. When using quotations like you did, either approach is fine.
Even people who bought up til like 2015 are doing well. Housing in Canada really imploded 2015-2023 or so. Before that, it was still very frothy, but low rates and high immigration and poor policy around speculation and flipping of homes really turned the whole country tits up re: housing.
What, $600k for a 1 bedroom condo on a busy arterial road doesn't seem reasonable to you!?
/s
The federal housing minister literally 2 days ago stood up in the House of Commons and associated the housing cost catastrophe with the war in Iran that's been happening for a week.
Thankfully prices on that front are slowly declining. Another $200k to go at least before they make any sense.
But the warrant still has to originally exist with, presumably, a timestamp that shows it existed prior to the search. And modification of the timestamp or lack of such a feature would be a good way to get the evidence thrown out?
That’s not how evidence works in Canada. Illegally obtained evidence is still evidence - you simply also have a tort against the officer for breaching your rights.
You used a conditional so I assume you also know how such a system can fail. It's not hard to figure out how that can be exploited, right? You can't rely on that conditional being executed perfectly every time, even without adversarial actors. But why ignore adversarial actors?
Yes, in some cases, but this is not automatic, nor even close. The more serious the trial (ex, murder, child pornography), the more likely it serves the court’s interest to use the illegally obtained evidence. See https://doi.org/10.60082/2817-5069.3711 for a longitudinal study. Illegally obtained evidence is routinely used.
my understanding: within the context of that specific action; the evidence still exists. If there is less clarity about how and when it was collected though, there is far more opportunity to use broad evidence obtained in the periphery of a undisclosed warrant in other contexts.
The existence of a category of warrants that allows operation that is indistinguishable from warrantless searches creates a kind of legal hazard and personal risk that is hard to overlook. Police lie on the regular.
...and are allowed to lie within narrow and specific contexts, which seems a "balance of rights" scenario. My fear in this case is that a lie of omission is far more dangerous (specifically for misuse) than a specific & explicitly lie.
There were two commenters that responded 15 minutes prior to your comment. I'd suggest starting there if you want to understand. Then if you disagree with those, you can comment and actually contribute to the conversation ;)
Your comment is one of semantics. Worth discussing if we're talking a truly hard line rule rather than the spirit of the rule.
I benefit from my phone flagging spelling errors/typos for me. Maybe it uses AI or maybe it uses a simple dictionary for me. Maybe it might even catch a string of words when the conjunction isn't correct. That's all fair game, IMO. But it shouldn't be rewriting the sentence for me. And it shouldn't be automatically cleaning up my typos for me after I've hit "reply". That's on me.
The income disparity between Germany and California is gargantuan as you approach the top percentiles.
In the 1%, average income in Germany is 272k usd. In California, it's north of 1mil usd. At 0.1%, it's 1.1 mil usd in Germany and 3.2+ mil in California.
The distributions between high and low income earners are much flatter in Germany because it is harder to abuse the system to get to such salaries. No so in America. Hence Germany also does not need such aggressive taxation schemes as what's proposed (they also have way more flat taxes as well).
You’re comparing to California, but we’re talking about this proposed Washington tax. California’s tax schedule is actually much more like Germany’s than this proposed Washington income tax.
In California, the big jump comes at $72,000, where the 9.3% rate kicks in. The $742,000 rate is only a little higher, at 12.3%. That’s similar to Germany where 42% kicks in at 70,000 euros (top 15%) and the top rate is only a little higher at 45%.
Would you prefer WA keep their current proposal but also just add extra percentages/tiers for lower incomes? Would it help keep affluent people from leaving if they knew lower income people are suffering a bit too?
> No one wants to read a blog post by an AI because it’s boring
Nah. Humans can be boring too. No one wants to consume AI art in any form because art isn't just about what it is, but also how it came to be. We care about art and history because those things involved humans. And we like understanding the takes of our fellow humans. We don't care about the take of a statistical model on the topics of art and creativity.
> The tax would apply only on the amount of income above the $1 million threshold, so a person making $1.5 million, for example, would be taxed on the final $500,000. It would apply to an estimated 20,000 to 30,000 households in the state, with collections beginning in 2029 on the previous year’s income.
It's a sliding scale tax. Someone making a million will barely feel it. Someone making 50 million will feel it a lot. Objectively, anyone making $50 million should feel it a lot and be taxed heavily. Nobody is making $50 million under their own power.
I know numbers are hard for the ultra rich. I've mostly only posted this for all the poor souls only making a mil a year. I want them to know this won't impact them.
Nobody is making $50M a year in W2 income. Maybe a couple pro athletes? But if you're making $50M a year it's all stock and that doesn't fall under this, and once you have enough of it there are ways to actually realize it as income and never pay taxes on it.
This is not about the money at all, it's about getting an income tax on the books. In a year or two they'll lower the limit a few hundred grand. They're start removing exemptions, they'll add more brackets, and before you know it Washington will have California's tax structure and the people who live there will not be any better for it. But the government will be bigger, and the people will be poorer.
It's not about whether rich people should or should not feel it. It's not about whether they should or should not be taxed heavily. This isn't a normative question - it's about incentives and mobility.
It's about what their alternatives are, where they choose to be domiciled, what job-creating businesses they take with them, and what effect that has on the state's economy over the long term.
As it is, California and New York have the highest income tax rates in the nation, and are both experiencing large net domestic out-flows. Florida and Texas have no state income tax and have been the largest net recipients of domestic migrants for several years.
The person earning $50m a year is profiting on the labor of hundreds of thousands of people. Rent seeking on their labor and skills, relying 100,000x more on the infrastructure that made them rich. No one makes $50m a year in a vacuum, they do so by utilizing the economy they live in and rely on.
If that's the way you see it, you are also free to do so. Labor is a market and the laws of supply and demand are at play just like any other market. Go start a company and hire some people. This is Y Combinator's Hacker News after all. The world needs more founders.
The comment you’re responding to claims that wage labor is exploitation on the part of the employer. That they can become exploiters themselves is usually not a convincing argument to them.
It’s also like telling someone with just eighty bucks to their name and debt up to their ears that they can try to win the lottery.
Imagine for a second if supply and demand were actually the only forces at play for these businesses run by billionaires… - forgetting oligopolies, blatant antitrust, lobbying, the revolving door between government and the c-suites, legal tax evasion, etc.
We don’t live in a fantasy world simulation on a frictionless plane where anyone can be a billionaire if they just pull up their bootstraps.
You don’t clear $50m a year by paying people what they’re worth. The wages are unfair, by definition, if there is someone able to skim away that much at the top.
Your definition of “unfair” is quite peculiar. By your logic, the same salary for the same work can go from being “fair” to “unfair” depending on how many employees you have.
No, it's as simple as income ratios between the lowest and highest paid employee in a company. Above a threshold starts to be completely divorced from their respective work ethics and general intelligences. It's more just an abuse of systems that have been built up over time specifically to allow for that level of exploitation.
Quoting supply and demand in labour is just insulting and indicative of someone maybe getting a bit too high on their own supply.
Ah yes, all the 50k makers are dependent on the very altruistic nature of the 50mil earners who all got there under their own power and without any systematic abuse, grifting, or generational wealth to get them going. Won't anyone think of these poor folks? They'll now have 49x0.099 mil less yearly income to charitably pay their indebted employees bonuses.
Well the tax is on income over $1M so yes someone making $1M will pay nothing. Technically that's easy for anyone to say, assuming they actually read the article at least.
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