I've read so many conflicting things about Mythos that it's become impossible to make any real assumptions about it. I don't think it's vaporware necessarily, but the whole "we can't release it for safety reasons" feels like the next level of "POC or STFU".
You're confusing collusion with being informed. The concept of market rationality is based on the premise that all participants in said market more or less have access to the same information. Fools can choose to not be informed before making a trade, but passing along sensitive information that contradicts market rational behavior causes people to lose trust in the market.
Perfect example from today. Allbirds just announced that they're going all in on AI infra, skyrocketing the stock. Had I bought a million dollars worth of Allbirds yesterday, everyone would think I'm an idiot. But now, they would think I have insider information and would no longer want to participate because it would make no sense to buy Allbirds yesterday unless I knew the announcement was coming.
It's long been speculated that they clandestinely participate in the resale market. If the goal of a business is to maximize profit and they control the market and technology around it, they have everything they need to push prices to the absolute limit that a customer is willing to pay.
Based on what came out during the course of the trial, it would not surprise me at all if they are double-selling tickets.
It's wild that everyone seems to have forgotten that Ticketmaster acquired TradeDesk and actively marketed to scalpers [1] just a couple of years ago. Seems they shut down the platform last year, maybe the "ticket bank" [2] idea worked better... Pretty clear to me that they will use any chance to monetize their monopoly.
it's all an aesthetic experience, no? for the live entertainment business, it is aesthetically important to fans of Bruce Springsteen that his tickets have a number on them that appears on a website that feels good, and that number happens to be "price of ticket," even if hardly anyone is actually paying that number - they are usually paying more.
personally, i don't think any of this legal shit matters. the sherman antitrust act is 1 paragraph long, so it is flexible in terms of how you want this stuff to work, from a, "I would like the world to work as though it were governed by a priesthood" point of view. so it's reductive to talk about, what does the law say? very little of interest.
how should it work? live nation should be able to do whatever the hell it wants. it would make more money for everyone, at the cost of nothing. it would be good for the music industry to make more money. apple should not have lost the antitrust case over books either. nobody forces you to go to concerts! if you have a problem with ticket prices, make tiktoks complaining about it targeted at the artists. stop listening to their music. but IMO, the live performance cultural phenomenon, it doesn't benefit from this kind of regulation.
Hot take: Rails is well-positioned in the long run because it's one of the few mature stacks that has managed to keep it's core offering community-oriented and not needing to choose between its developers and business operations. VCs getting into bed with JS and PHP tooling companies does not bode well for users of those stacks in the long term, IMO.
Yeah the Rails and Django models seem better to me too, but as far as I understand they do rely on effectively charity work from open source maintainers and from what I've read a lot of them are getting burnt out really fast, so maybe that's not the perfect model either :/
True, but there were also many younger people who never wanted him to run in the first place. One of the major downsides of the two-party system is that the major parties maintain a duopoly of power, significantly stifling alternative movements (like the Sanders progressives) from making major inroads politically even though public support is widespread. This is a systemic flaw in American politics.
This is an intentional feature of modern American politics. It's not what the founding fathers intended, but if you think that gerrymandering, lobbying, and 2 party dominance don't benefit those who currently hold power in the US you're crazy.
True, but there's an inextricable link between life expectancy and wealth that can't be ignored and a very strong positive correlation documented between the two. Poor old people aren't the enemy as they never had power to begin with. Wealthy old people, on the other hand, represent one of the most regressive voting blocs in American politics, and have voted largely to expand the power of the wealthy.
They also love to determine their vote based on social issues rather than economic/political issues. I blame religion but regardless of the cultural motives it boils down to echoes of racism/xenophobia from their parents' generation.
> Why is it that we can dream up more conflict but not peaceful scenarios?
Sadly, war is often a driver of economic growth. WWII pulled the US economy out the Great Depression and transformed it into one of the most prosperous in human history. I'd argue that the proxy wars the US has been waging largely exist to satiate a military industrial complex that is focused on growth. Hard to grow when your business is war if there are no wars to fight.
And I'll wade into political waters. The US government has no problem waging war because it's not unpopular enough of an issue to threaten an administration. We're spending $1B a day now to fight Iran but we somehow can't find the political courage to improve healthcare or hunger here at home.
That's a property shared by any large scale government spending.
The difference between pouring 80B into a war and pouring the same into infrastructure is that one gives you a more developed MIC and a lot of munitions and a lot of explosions (exported), and the other gives you... infrastructure, and construction industry.
A big part of this is that apparently, any president can unilaterally decide to go to war and spend $1B per day destroying things, but building infrastructure for Americans requires the agreement of 60 US Senators.
Pre-emptive strikes are “national security”, but ensuring nutritional food for children in schools, safe bridges and potable water, and healthcare are not “national security”.
Look what Biden had to do to try and get Americans a piddling amount of paid sick leave and paid parental leave. And still 60 votes couldn’t be mustered. But if he wanted to bomb another country to the stone age, that was well within his capacity.
US states are free to build infrastructure without any federal involvement or permission. California just spent $114M to build a wildlife crossing bridge over Highway 101.
Starting with CodingJeebus' comment, the context of the discussion is what the US federal government can and cannot do, or does and does not do, at the best of a single person (the US President). They have the power to direct destruction, but not the power to direct creation.
Not only is a state government's capabilities irrelevant, it is also incomparable to the might of the US federal government, given its unique ability to sell US Treasuries and issue US currency. State governments are also in competition with each other, unlike the federal government which is in competition with other countries and has more power to restrict and negotiate trade agreements.
> but we somehow can't find the political courage to improve healthcare or hunger here at home.
Sounds like you're buying into reddit propaganda. The US spends more on social programs than it does on war, so apparently we have and can definitely find the courage to improve healthcare and hunger.
In fact, hunger is mostly not an issue in the united states.
Seeing all of these investments in developer tooling projects makes me wonder/skeptical of what the next chapter of development looks like when the money spigot runs dry.
I've not used this app, but I wonder how tooling like this truly competes against an open source community armed with AI. Like where is the moat here, really? I built a personal tool that does some of this with a basic Claude subscription over the course of a few weeks.
Feels like vibe-coders are the real target market for something like this, but if it takes off, would not be that hard to clone as a FOSS app.
> Feels like vibe-coders are the real target market for something like this,
I think this is a potentially giant market: incurious people who don't know what they're doing, lack experience and wisdom, and are highly susceptible to empty marketing fluff. Selling junk to these people can't be very difficult, especially if they rely on an LLM (funded by many of the same investors) to explain it to them.
