DeepGradientAscent

joined 1 year ago
[–] [email protected] 8 points 8 months ago (4 children)

you can come to me where I'm hanging out.

This is the crux of the issue. Where you hang out is your choice.

Is the platform full of security and privacy flaws? Yes.

Will content on the platform be actively mined for training data for neural networks? Yes.

Are you obligated to use anything else to discuss your provided content that's free of charge? Absolutely not.

[–] [email protected] 4 points 8 months ago

Rational self-interest of the owner demands fair and just compensation and consideration for their labor force. What's illustrated here is the owner conflating rational self-interest with naked avarice and greed.

[–] [email protected] 5 points 8 months ago

Socialism for me, lasseiz-fare capitalism for thee.

[–] [email protected] 15 points 8 months ago* (last edited 8 months ago) (10 children)

Then she got sick of it, emigrated and formed her own Iam14butthisisdeep philosophy.

No, you're being disingenuous. She formulated her philosophy moral objectivism from her experiences as a child.

This is what happened (from her wikipedia):

Rand was born Alisa Zinovyevna Rosenbaum on February 2, 1905, into a Jewish bourgeois family living in Saint Petersburg in what was then the Russian Empire. She was the eldest of three daughters of Zinovy Zakharovich Rosenbaum, a pharmacist, and Anna Borisovna (née Kaplan). She was 12 when the October Revolution and the rule of the Bolsheviks under Vladimir Lenin disrupted her family's lives. Her father's pharmacy was nationalized, and the family fled to the city of Yevpatoria in Crimea, which was initially under the control of the White Army during the Russian Civil War. After graduating high school there in June 1921, she returned with her family to Petrograd (as Saint Petersburg was then named), where they faced desperate conditions, occasionally nearly starving.

When Russian universities were opened to women after the revolution, Rand was among the first to enroll at Petrograd State University. At 16, she began her studies in the department of social pedagogy, majoring in history. She was one of many bourgeois students purged from the university shortly before graduating. After complaints from a group of visiting foreign scientists, many purged students, including Rand, were reinstated. She completed her studies at the renamed Leningrad State University in October 1924. She then studied for a year at the State Technicum for Screen Arts in Leningrad. For an assignment, Rand wrote an essay about the Polish actress Pola Negri; it became her first published work. By this time, she had decided her professional surname for writing would be Rand, and she adopted the first name Ayn (pronounced /aɪn/).

[–] [email protected] 41 points 8 months ago* (last edited 8 months ago) (7 children)

In this comic, the owner is acting greedily to the point of heavily antagonizing their workers. Draconian exploitation of the workforce, reneging on previous agreements, and not adequately compensating them is irrational.

One of the fallacies with Rand's "moral objectivism" is the assumption that business owners will act rationally in their logical self interest in negotiations with their labor force and not out of spite, malice, sadism, racism, etc.

[–] [email protected] 4 points 8 months ago (1 children)

With nearly 900 BILLION dollars of CRE Mortgages coming due in 2024 alone a 5 % default rate has the banks taking losses of 45 Billion. By contrast at the height of the 2008 crisis the rate hit nearly 9%, which would put 2024 losses at over 80 Billion dollars. Then it happens all over again in 2025 when another 20% or so of CRE Mortgages come due!

How do I, a mentally-handicapped retail investor, short the ever-loving shit out of the CRE market? Can plebians like me even purchase credit default swaps?

[–] [email protected] 1 points 8 months ago* (last edited 8 months ago) (2 children)

which is now ~~loosing~~ losing value

to everyone's detriment. Just because some guy's asset is ~~loosing~~ losing value

[–] [email protected] 35 points 8 months ago (9 children)

𝕿𝖍𝖊 𝕾𝖊𝖈𝖔𝖓𝖉 𝕬𝖒𝖊𝖓𝖉𝖒𝖊𝖓𝖙

𝔄 𝔴𝔢𝔩𝔩-𝔯𝔢𝔤𝔲𝔩𝔞𝔱𝔢𝔡 𝔪𝔦𝔩𝔦𝔱𝔦𝔞, 𝔟𝔢𝔦𝔫𝔤 𝔫𝔢𝔠𝔢𝔰𝔰𝔞𝔯𝔶 𝔱𝔬 𝔱𝔥𝔢 𝔰𝔢𝔠𝔲𝔯𝔦𝔱𝔶 𝔬𝔣 𝔞 𝔣𝔯𝔢𝔢 𝔰𝔱𝔞𝔱𝔢, 𝔱𝔥𝔢 𝔯𝔦𝔤𝔥𝔱 𝔱𝔬 𝔨𝔢𝔢𝔭 𝔞𝔫𝔡 𝔟𝔢𝔞𝔯 𝔄𝔯𝔪𝔰 𝔰𝔥𝔞𝔩𝔩 𝔫𝔬𝔱 𝔟𝔢 𝔦𝔫𝔣𝔯𝔦𝔫𝔤𝔢𝔡.

𝓚𝓪𝓻𝓵 𝓜𝓪𝓻𝔁

𝒰𝓃𝒹ℯ𝓇 𝓃ℴ 𝓅𝓇ℯ𝓉ℯ𝓍𝓉 𝓈𝒽ℴ𝓊𝓁𝒹 𝒶𝓇𝓂𝓈 𝒶𝓃𝒹 𝒶𝓂𝓂𝓊𝓃𝒾𝓉𝒾ℴ𝓃 𝒷ℯ 𝓈𝓊𝓇𝓇ℯ𝓃𝒹ℯ𝓇ℯ𝒹. 𝒜𝓃𝓎 𝒶𝓉𝓉ℯ𝓂𝓅𝓉 𝓉ℴ 𝒹𝒾𝓈𝒶𝓇𝓂 𝓉𝒽ℯ 𝓌ℴ𝓇𝓀ℯ𝓇𝓈 𝓈𝒽ℴ𝓊𝓁𝒹 𝒷ℯ 𝒻𝓇𝓊𝓈𝓉𝓇𝒶𝓉ℯ𝒹, 𝒷𝓎 𝒻ℴ𝓇𝒸ℯ 𝒾𝒻 𝓃ℯ𝒸ℯ𝓈𝓈𝒶𝓇𝓎.

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