ericjmorey @ ericjmorey @beehaw.org

Posts

10

Comments

210

Joined

2 yr. ago

Try these questions about sources of recent information that you believe are accurate.

It will likely reduce money transfer fees overall and decrease average processing time dramatically.

Financial institutions have been happy with the fees generated by not having this system in place. And the Fed is explicitly not allowed to compete with its member banks.

They'll likely use Fed Now for their service in the future.

It's more of a protocol/standard which can be used to build applications and interfaces. Bill pay will likely be an application and your bank's website will likely have some interface that uses FedNow. But there will be many other applications and interfaces.

Also existing "instant" transfers are either expensive or backed by some entity providing credit to back the transaction while it clears in the background creating an awkward at best relationship between the parties trying to exchange money and the service facilitating the transfer.

The month to month contracts for streaming content will go away soon.

I'll find a copy. Is there a particular English translation that you'd recommend?

Discourses of Epictetus

The Myth of Sisyphus

Massimo Pigliucci's Stoic Meditations podcast

Not asking to be spoon fed. I'm telling you that there are no credible models that substantiate the claim you made previously about the collapse of the current system in a few decades.

The industrial beef slaughterhouses don't exactly have a pristine track record of keeping shit out of the market either.

A single study from 50 years ago that indicates slowing of growth before 2100 is not a good argument for the collapse of the current system.

I'd like to see those models. I don't think they're anything more than the pessimistic guesses that have been made for millennia.

In 40 minutes or less?

These situations are awful for everyone it touches. Please find comfort in those close to you.

Maybe post to https://hachyderm.io/@beehaw to spread the word outside of Beehaw.org

It seems like you don't want to understand.

The first problem is that Beehaw can barely handle the load it has now, if you connect it to 100 million people and just one post or comment gains traction, Beehaw gets the experience of an accidental DDoS attack.

There are many other technical and social issues that will be created. Some of which have easy solutions some of which may not have any solutions at all, none of which I want to deal with.

I think the worst application of chat bots is when they replace a form that is served on a webpage. I don't know why anyone thinks this is a good idea but I've seen it a lot.

We have LLMs that can do the more complex human tasks of figuring out problems and suggesting solutions and that can query a company database to respond correctly, but we don’t use them.

I don't think we have this at all. We have something that can sometimes appear to be that, but falls well short.