This Stanford professor says the current tech layoffs aren’t based on business fundamentals or economics. It’s basically bad vibes among lemming executives that is causing real pain for everyone.
"So the more correct interpretation of events is: we do not have a new breach now, LastPass rather failed to contain the August 2022 breach. And because of that failure people’s data is now gone. Yes, this interpretation is far less favorable of LastPass, which is why they likely try to avoid it."I believe password managers are critical and also that this password manager is being mismanaged. I guess the time for me to move to a different service was last year.
"A few decades ago, physicists got involved in studying inequality. They normally study the physical world – like how two balls might interact when they hit each other. But they started using their methods to study economics – a field now dubbed econophysics. Instead of looking at how two balls interact, they looked at how two people might interact in a transaction, and then modeled how that might play out on a large scale. This helped them model wealth distribution."This is a very entertaining article about an economic exercise called the Yard-sale model that helps visualize wealth distribution.
"Yet they will always be deeply vulnerable to their own failures. They will always make mistakes, because they don’t believe they’ve ever made one. And when they start losing, they lack the capability to stop the world from falling down around them, because that starts at a point of introspection they’ve never had to reach."2022 was definitely powered by unchecked ego. This article is a great summary of cracks forming in the media myths.
"Others may argue that with so much money involved, the bad guys will find another way. I strongly disagree. There are only three existing mechanisms capable of transferring a $5 million ransom—a bank-to-bank transfer, cash or cryptocurrencies. No other mechanisms currently exist that can meet the requirements of transferring millions of dollars at a time."More fuel for the anti-crypto fire.
"…it turns out that at some point I'd previously set up Feedly, the app I chose (likely in a post-Reader hunt for a replacement), and so after I logged in, it pulled in news from sites I cared about back in the late 2000s. It was a nice moment to revisit the person I was then, but also it was a lightbulb going off in my head: Here was a feed! Of news! That's current! It felt familiar in a way that felt good, but also decidedly did not feel like Twitter."100 emoji! I have been spending more and more time in my RSS reader after changing up the feeds a bit recently and it really is great seemingly secret old tech that still works.
"Mastodon, a decentralized social media platform that many are turning to as a Twitter alternative, saw its userbase skyrocket from about 300,000 monthly active users to 2.5 million between October and November, Mastodon’s CEO, founder, and lead developer Eugen Rochko said in a new blog post."Heh, flocked. That's a lot of people who are suddenly active on an ad-free network. They might get used to that! I'm volunteering a monthly amount to my Mastodon instance admins and I hope enough of that kind of direct support can keep the alternative social media lights on.
"…prosecutors hold complete discretion over who gets charged, and those charging decisions (or declinations) are largely unreviewable. Donald Trump could have shouted “I ordered the Code Red” at the select committee, and Merrick Garland could still decide to hide under his desk instead of doing his job."The very frustrating reality of the situation.
"Those founding fathers drafted a Constitution that denied the humanity of Edie and Nancy; it didn’t even consider them to be “persons”, and you want to tell me that the only way to properly interpret the Constitution is to endorse and adopt their value system without question? That might honor Madison, but it dishonors Edie and Nancy."A story about how the justice system looks different when you value everyone it’s supposed to serve.
"During testing, with every response — such as clicking a button to indicate feeling depressed “more than half the days” over the last two weeks — a pixel sent Facebook the text of the answer button, the specific URL the user was visiting when clicking the button, and the user's hashed name, email address, phone number."The targeted advertising industry has set up some ridiculous incentives for people to behave horribly toward other people.