billstickers

joined 1 year ago
[–] billstickers 4 points 1 year ago (1 children)

No. We sell our services overseas. Most of our education industry (in dollar value) is international. We provide STEM services, legal services, financial services, etc to other countries etc.

Taking a step back there is no difference in your question between a national economy and the entire world economy. 64% of the world economy is services.

So no, services aren’t an inferior category of the economy. Manufacturing is fundamentally a service there are just foods involved. You can fuck up manufacturing by making something you can’t sell for more than it cost to make or even sell for less than it costs to make. This is harder to do with services, or at least feedback is quicker because you don’t hold inventory of services.

So then how do we grow the economy if all everyone is just doing is Services for everyone else. This is the fundamental problem with capitalism. There are only two ways. Population growth and debt. But that’s a lesson for another day.

[–] billstickers 7 points 1 year ago (3 children)

Hate to shatter your world view but mining is only about 5.8%% of the economy — same size as our manufacturing industry coincidentally. Realestate only makes up 3.1% of the economy.

Most of the economy is services at 68%. Our health care industry (part of services) is larger than our mining industry. Our education industry(again services) is 4.8% of the economy. We actually have a pretty diversified economy.

Manufacturing isn’t the be all of an economy and it isn’t where the wage to profit ratio is equitable. We all earn more as a service economy than we would as a manufacturing economy.

https://en.m.wikipedia.org/wiki/Economy_of_Australia

https://web.archive.org.au/awa/20190308031902mp_/https://publications.industry.gov.au/publications/industryinsightsjune2018/documents/IndustryInsights_1_2018_Chapter2_ONLINE.pdf

[–] billstickers 1 points 1 year ago* (last edited 1 year ago)

Not really. Sure they’re are a lot of !Politics communities. But I think it’s a good idea to have a local one where you definitely see and interact with your instances community. Also the !politics you see on a LGBTQ instance is going to be different to the !politics you see on a programming instance is going to be differs to what you see on a general instance. I think it’s a feature not a bug.

Sure it’s annoying when /all/ is full of the same story but that’s not different to what happens on reddit in the same scenario except now a lot of them will have the same community name.

[–] billstickers 14 points 1 year ago* (last edited 1 year ago) (2 children)

Not @niknah and I’m gonna guess they think it’s the coming lord and saviour. But it will be a part of technology going forward so kids should be taught what it is and isn’t.

It’s a cross between Siri and predictive text. It guesses and makes up things in an authoritative voice. So kids / people need to be taught not to trust it.

It’s basically a blender of the entire internet. It’ll just as likely tell you the pyramids were built by aliens because there are more words on the internet written about that then about the actual construction. Ask about any notable historical figure mainly known by their last name and their accomplishment and it’ll make up a random first name and fictional biography about them. Because all it’s doing is making sentences/paragraphs/stories from their component parts weighted by other words that are likely to go near them.

It’s not going to cure cancer or even write a Wikipedia article correctly, but it might actually do fictional writers out of a job.

[–] billstickers 3 points 1 year ago (1 children)

Latte maker here. Invested in a Gaggia classic pro over Covid. Paid for itself in a few months. I buy preground beans from colesworth; what ever has the prettiest package. I know I need to hit up a boutique roaster at least but I never find the time.

[–] billstickers 2 points 1 year ago

Brisbane here. I was thinking large lattes. And they were 4.50 when I started my coffee drinking career nearly 20 years ago. Maybe I’m rounding prices from a few years later but I think my point still stands that they haven’t kept up with inflation.

[–] billstickers 4 points 1 year ago (2 children)

With average inflation, prices should double every 20 years. Coffees were $5 20-years-ago and probably rightly considered expensive and a lucrative business. If they’d kept up with inflation they’d be $10 by now. If they’d kept up with housing they’d be $25+.

[–] billstickers 1 points 1 year ago* (last edited 1 year ago)

For a lot of people, the family home is the only investment they have outside of super. They’re estatic as it goes up.

Don’t get me wrong, It’s unsustainable that house prices double every ten years when the price of money only doubles every twenty years. But whilst it does nobody wants to rock the boat.

How do you think so many people afford 80k+ cars? They use the equity in their property and only have to pay mortgage interest rates on it (over the mortgage term too,not a 5 year car loan). Not growing equity will mean they can’t get the 4WD, boat and pool of their dreams.

There’s a strong incentive for the landed gentry to keep the status quo.

[–] billstickers 3 points 1 year ago (3 children)

as this will bring down the pricing of housing…

Most Australians don’t want this. 2/3rds of Australians are in the property market. They all want housing to keep going up. W

[–] billstickers 1 points 1 year ago

What does threads federating even mean for Lemmy? They’re a mastodon type platform they can’t see posts, they can’t follow communities can they? I understand mastodon and Lemmy are activity pub in the background and theoretically you can susbscribe each way but how do you actually do that and what does it look like.

How do I follow my mastodon account from here and vice versa?

I think this is a moot argument for now as meta aren’t making a reddit/Lemmy type platform.

[–] billstickers 1 points 1 year ago (1 children)

To be fair that is a national treasure in my country. And we’re happy to share.

[–] billstickers 19 points 1 year ago

https://en.m.wikipedia.org/wiki/Embrace,_extend,_and_extinguish

I think the idea is that by being the largest player they could take over and add features that the rest of the fediverse didn’t have. And then the people here (mastodon) would move there to keep following their favourite celeb.

I don’t think there’s any good argument why you couldn’t keep both for different things. Or why Facebook would even care about the ~200k users on mostodon when they cracked 70M in 24 hours

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