HN user
You’re absolutely right, I was being unrealistically conservative. In reality that many workers would almost certainly unionize and average labor costs could easily be $250-$300 a day or more.
Foxconn employs about 1.2 million workers in China. In Shenzhen and Chengdu, a combined Foxconn workforce of 500,000 provides labour for Apple Inc. Daily wage is ~$5 per employee. [https://www.facing-finance.org/en/database/cases/working-con...]
Napkin math if you were to move 500k workers to the US and paid them $100 a day instead of $5 a day it would cost you $17B a year.
Would be interesting to see how labor per unit is trending to determine if manufacturing is actually getting more automated and at what rate.
Viewing a public tweet is not trespassing - its the point of the entire platform. US vs Jones determined that installing a tracker on a private vehicle is trespassing.
As a tax payer, I would prefer my tax dollars are used as efficiently as possible - so if the alternative is to hire human police officers to manually search twitter and create reports then I would oppose that in favor of automated technology. I don't think the technology is the debate here, it simply enables us as humans to be more efficient. The decision to surveil is the debate here, and I can see it both ways. Do I think the police should be aware of a large gathering (regardless of purpose) in their cities? Yes, I think that's prudent for a variety of public safety reasons. Do I want this done in a way that does not interfere with protests or have a chilling effect? Yes, absolutely.
Aren’t the tweets ingested by Dataminr public? I agree this would be problematic if they were using private data, but using data available to anyone on the platform feels like fair game.
Doesn’t bode well for their path to profitability.
It’s not odd if you think that interest rates will go down in the future. If you believe that then you should buy longer term bonds to lock in the higher rate now.
Not to mention they subsidize the winners they pick with billions of dollars of government money.
I don't understand giving a keynote like this and then not launching the product for months. Apple figured it out long ago - way more power in "it's available now" than the alternative of forcing customers to wait an indefinite amount of time.