How does that compare to the operational cost of developing an app, maintaining an app, paying for the infrastructure behind it, and having the payment processors take their cut, operate customer support etc?
Banks charge business customers 0.3% to 0.6% to deposit cash into bank accounts. So if 1% of people would pay cash that would be 20 billion * 1% = 200 to 400 million GBP per year, purely in deposit fees.
On top of that they'd need to pay their employees more and of course handling cash comes with security and, inevitably, enforcement. Additionally, you need people at every place where cash can be used as opposed to having almost all public transport stations unmanned like in Italy.
So let's say ~double that and round to 600 million to a billion GBP per year.
You can do some serious app development with that I would think. And because they don't pay the app store tax it's going to really be close to that amount.
I have found that HN has this population of people that think a budget system bought in 2015 should last them forever and they should never need an upgrade.
The hypocrisy is that meta is creating a tool that their employees are very uncomfortable seeing used on them.
What the law says about consent is irrelevant to the hypocrisy, and the videos are automatically uploaded to meta without anyone's consent anyway. You know this very well, there is no need to cosplay the smart devil's advocate.
>via our new extensibility system for CC, called Mods, which is launching soon-ish. A mod is a plugin with a new type of hook, which we call a function hook.
An extensibility system called mods, which is a plugin with a new type of hook that we call function hook?
I can't tell if this is real, or you are making fun of overengineered AI solutions.
Great idea, we could also have a standard in browsers that signals you don't want to be tracked. We could call it the "Do not track" header, short for DNT.
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