Exactly. IP law is foundational to any functioning market economy. Reform == Delete

Everyone suffers. Now that work has ramped back up post pandemic, it is very apparent how our talent pools have been impacted.

It’s the worst kind of problem: hard to fix and slow to show fairly significant consequences.

Feel like I have the same argument at work everyday. Some things just take a definitive time. 20 cooks won’t make a cake faster. Cooking that cake at 1000 degrees won’t make it faster. It will take the time it takes.

Slow down your thinking and consider this: why would any practical person fully develop something without getting market feedback and understanding demand?

This is by the book “Preto-typing”. You can frame it as lying, but the reality is Apple had faith that all of the “faked” features in the demonstration would be fully developed before launch.

IBM did something similar before voice-to-text existed. They faked the technology during market research and discovered that people didn’t enjoy speaking to their computer as much as initially thought. It showed them that they could better invest that money elsewhere.

It would make zero sense and be a foolish use of capital to fully develop a product that complex and expensive without understanding market preferences.

This is a non-story, rage-bait headline.

I’m skeptical of a 1000 person survey, especially when overall home sales are still down.

That being said, some people may be getting tired of waiting and willing to gamble on refinancing with favorable interest rates in the future.

Anyone that bought when rates were still 2-3% isn’t selling unless they’re being forced. Why would they, considering their real interest rate is negative at this point.

This is a non-headline because it’s reporting on something that was expected to happen when interest rates rose.

That being said, this does suck for those who have yet to purchase their first home. Property investors buying with cash have no incentive to stop buying. This is where government should step in and regulate. Those conversations should be headlining instead.

Didn’t Teddy Roosevelt implement wealth taxes via the Estate Tax and Capital Gains Tax?

These aren’t exactly new ideas. We’ve just slowly dismantled them over the past decades.

Don’t blame tech, blame the bait-and-switch business model of loss leading products.

Uber never made money because they chose to undercut prices of all competitors and bleed them out.

I’d argue that newer streaming companies (those founded by studios, such as Disney +) did the same thing by roping in customers before jacking up prices.

It may be the “fault” of capitalism, but consider it was capitalism that birthed streaming in the first place. In the long term, the expectation would be a better solution will surface in reference to streaming… the same way streaming was a solution to cable. Thus is the business cycle.