The assembly line in Renton, Washington, has temporarily stopped building Boeing's bestselling plane, the company confirmed late Monday. Boeing announced plans to pause production for an undetermined period in December, but it had not previously announced a precise day for the shutdown.https://edition.cnn.com/2020/01/21/business/boeing-737-max-production-halt/index.html
Boeing will not furlough or lay off workers because of the shutdown, but pain will ripple through its supply chain and could hurt America's economic growth. The shutdown will make restarting production and recovering from the crisis more difficult for Boeing once it finally gets permission for the plane to fly again
Then #Uber, for example, does a great job of optimizing how we hail cars, and that’s terrific for people that need to find cars, but it turns out to be pretty bad for people that want to drive cars and make a good living doing it. Those drivers are at the whim of one large corporation in terms of how much #money they make and, because it’s so easy to become a driver, the streets become flooded with #competition. It’s more efficient, but making it harder to become a driver has very serious #consequences, particularly for, say, #immigrants in urban areas who use driving as a way to pull themselves into the middle class.#future #humanity #job #economy #technology #news #life
Chinese, Iranians, North Koreans, and Russians have been breaking into U.S. networks for years without having any control over the #hardware, the software, or the companies that produce the devices. (And the U.S. National Security Agency, or #NSA, has been breaking into foreign networks for years without having to coerce companies into deliberately adding #backdoors.) Nothing in 5G prevents these activities from continuing, even increasing, in the #future....
5G security is just one of the many areas in which near-term corporate #profits prevailed against broader social good. In a capitalist free market #economy, the only solution is to regulate companies, and the United States has not shown any serious appetite for that.#mobile #news #backdoor #privacy #fail #software #capitalism #technology
In September 2007, 75 students walked into a classroom at Stanford. Ten weeks later, they had collectively amassed 16 million users, $1 million dollars in advertising revenue, and a formula that would captivate a generation....
A decade ago, Fogg’s lab was a toll booth for entrepreneurs and product designers on their way to Facebook and Google. Nir Eyal, the bestselling author of the book, Hooked, sat in lectures next to Ed Baker, who would later become the Head of Growth at both #Facebook and #Uber. Kevin Systrom and Mike Krieger, the founders of #Instagram, worked on projects alongside Tristan Harris, the former #Google Design Ethicist who now leads the Time Well Spent movement. Together, in Fogg's lab, they studied and developed the techniques to make our apps and gadgets addictive.#news #evil #advertisement #manipulation #economy #internet #history #smartphone #app #software
Internal messages and emails from Boeing paint a picture of a profit-focused management culture at the world's largest aircraft manufacturer, where pressure for short-term shareholder returns seems to have overwhelmed safety concerns.https://www.cbc.ca/news/business/boeing-fifth-estate-costs-safety-1.5426571
The revelations are just the latest in a parade of evidence pointing to the decade-long civil-war inside Boeing, pitting its famed "safety culture" against financial performance of the kind that pushes the stock price higher and provides big bonuses for senior executives.
Longtime Boeing engineer Cynthia Cole, now retired, traces that conflict back to the company's amalgamation with rival McDonnell Douglas in 1997.
"McDonnell Douglas managers were more cutthroat, and it was all about the bottom line — cut those costs!" she told CBC's The Fifth Estate. "They didn't follow a good capitalist model. They followed greed and putting people in the upper echelon, putting their interest first above the workers and the product and just society as a whole."
In an email from June 2018, before the first Max crash, one Boeing worker wrote: “Best part is we are re-starting this whole thing with the 777X with the same supplier and have signed up to an even more aggressive schedule.”https://www.telegraph.co.uk/business/2020/01/18/staff-emails-claim-boeing-777x-shares-max-problem/
Another member of staff warns about a relentless cost focus, saying: “We put ourselves in this position by picking the lowest-cost supplier and signing up to impossible schedules. Why did the lowest ranking and most unproven supplier receive the contract? Solely based on the bottom dollar. Not just the Max but also the 777X! Supplier management drives all these decisions.”...
daughter in interview: “we have to resist a very aggressive model that is destroying us”https://www.democracynow.org/2020/1/17/berta_caceres_laura_caceres_interview
The United States’ greatest challenge in the Arctic lies in its application of the Monroe Doctrine, not Chinese ambitions#Arctic #USA #China #politics #defence #economy
California is considering raising taxes on some of the country's largest companies, but the size of the tax increase would depend on how much its highest-paid executive makes compared to its employees.
This is what AirPods revenue looks like compared to some of the world’s top tech companies. AirPods make as much money as #Spotify, #Twitter, #Snap, and #Shopify combined.#technology #economy #news
Commercial airlines often prioritize boarding for passengers traveling with small children, or for those who need extra assistance—in other words, those likely to be slower to stow their bags and take their seats—before starting to board the faster passengers. It's counter-intuitive, but it turns out that letting slower passengers board first actually results in a more efficient process and less time before takeoff, according to a new paper in Physical Reviewhttps://arstechnica.com/science/2020/01/letting-slower-passengers-board-airplane-first-really-is-faster-study-finds/
The University of Warwick’s Andrew Oswald and his team compared survey data on the life satisfaction of more than 900,000 citizens of 27 European countries from 1980 to 2011 with data on annual advertising spending in those nations over the same period. The researchers found an inverse connection between the two. The higher a country’s ad spend was in one year, the less satisfied its citizens were a year or two later. Their conclusion: Advertising makes us unhappy.https://hbr.org/2020/01/advertising-makes-us-unhappy
Our analysis shows that if you doubled advertising spending, it would result in a 3% drop in life satisfaction. That’s about half the drop in life satisfaction you’d see in a person who had gotten divorced...
#Advertising Makes Us Unhappy
source: https://hbr.org/2020/01/advertising-makes-us-unhappyThe University of Warwick’s Andrew Oswald and his team compared survey data on the life satisfaction of more than 900,000 citizens of 27 European countries from 1980 to 2011 with data on annual advertising spending in those nations over the same period. The researchers found an inverse connection between the two. The higher a country’s ad spend was in one year, the less satisfied its citizens were a year or two later. Their conclusion: Advertising makes us unhappy.
#news #economy #ad #manipulation #happiness
The University of Warwick’s Andrew Oswald and his team compared survey data on the life satisfaction of more than 900,000 citizens of 27 European countries from 1980 to 2011 with data on annual advertising spending in those nations over the same period. The researchers found an inverse connection between the two. The higher a country’s ad spend was in one year, the less satisfied its citizens were a year or two later. Their conclusion: Advertising makes us unhappy.
Don't misunderstand, I KNOW the #elite want us #disarmed. But do they not understand it is impossible and trying to take away the #guns guarantees an early #rebellion? The #economy is already crap, #White #Deplorables are mere years from complete #demographic #replacement and know it, even if discussing #race ist Verbodden. Do the elite really want to throw a match on that diminishing pool of gasoline? Wouldn't it be easier and safer to just let it evaporate with time? Oh, and if you think I'm being hyperbolic with the above #genocide timeline, you don't know much #history.part II:
Daniel Kahneman is winner of the Nobel Prize in economics for his integration of economic science with the psychology of human behavior, judgment and decision-making. He is the author of the popular book “Thinking, Fast and Slow” that summarizes in an accessible way his research of several decades, often in collaboration with Amos Tversky, on cognitive biases, prospect theory, and happiness. The central thesis of this work is a dichotomy between two modes of thought: “System 1” is fast, instinctive and emotional; “System 2” is slower, more deliberative, and more logical. The book delineates cognitive biases associated with each type of thinking.https://lexfridman.com/daniel-kahneman/
A #Microsoft programme to transcribe and vet audio from Skype and #Cortana, its voice assistant, ran for years with “no security measures”, according to a former contractor who says he reviewed thousands of potentially sensitive recordings on his personal laptop from his home in #Beijing over the two years he worked for the company.#privacy #software #communication #economy #data #news