The AI knows everything that isn’t secret. Your knowledge of public information will approach zero value. What isn’t published, then, becomes relatively more unique and valuable. Trading secrets’ – getting out and having discussions with people, trading off-the-record information and gossip becomes more valuable.
Commentary
Category Archives for Commentary.
Trump’s $5 Million ‘Gold Card’: A Fast Track To U.S. Citizenship For The World’s Wealthiest—Including Warlords?
The new proposal is being called the Trump Gold Card or Trump Visa but of course there was already a Trump Visa, issued by Chase.
‘Not Well-Liked at Delta, United, or Marriott’: What 23 Years of Travel Blogging Taught Me About VIP Perks (Or Lack Thereof)
And, generally speaking, I don’t get better treatment because of this blog when I travel. Indeed, it’s obvious by the frequency with which I have problematic stays and flights, that even if executives somewhere wanted to treat me better the execution on the ground just isn’t there. I have only been recognized for the blog on-property at hotels 3 times in the 23 years I’ve been writing it. Oddly all of those were in 2016 and I don’t believe it’s happened in the last 8+ years.
How Air Travel’s ‘Poor Tax’ Forces Budget Flyers To Pay More, Get Less
There are several kinds of poor taxes. As you progress in income, marginal tax rates can exceed 100% as public assistance benefits phase out. But a poor tax is usually used to mean structural inequalities that make everyday life more expensive and difficult for those with limited financial resources.
‘You’re Valuable Only If You Don’t Pay Attention’: CFPB Sues Capital One For $2 Billion In Savings Interest Losses
The consumer regulatory agency wants consumers not to have to pay attention, though it’s not clear that what Capital One did was illegal, in fact it’s almost obligatory. In most contexts, consumers do have to pay attention to get the best deal, and their counterparties are not fiduciaries on their behalf.
Jimmy Carter’s Farewell: Airline Deregulation, Craft Beer, And Delta Handshakes That Shaped A Legacy
What I will always remember President Carter for is this video of the former President walking through economy on Delta Air Lines. The effort was hardly a one-off, either, though if you were a United Airlines or American flyer you probably didn’t know it. The former Georgia governor was a regular on Delta Air Lines and its partners.
Uber’s Dark Descent: How Abandoning Innovation Hurt Drivers and Gouges Riders
Uber drivers frequently protest their declining pay and it strikes me that there was an uproar over how Uber treated its drivers and that was part of pushing out their founder CEO, but things have actually gotten worse for drivers since then. For instance, many work 12 hour days earning less than $100 per day. Uber used to take 20% of the fare, now drivers report giving up 60%. Back then they might earn $400 per day. Pre-summer 2017, drivers had several complaints. Drivers didn’t have any choice in trips. They’d find out once they accepted the ride (and cancelling on riders once they learned the destination could get them kicked off of the platform). This was a solution to a real problem with taxis. In New York City you stand there and hail a…
Ex-Reality TV Star Congressman Sean Duffy Chosen As Transportation Secretary: What It Means for Airline Mergers and Regulation
President-elect Donald Trump will nominate former Congressman and current Fox personality Sean Duffy as Secretary of Transportation.
Sinema’s Final Flight: Inside Her $200K Travel Spending Spree Before Leaving Congress
Senator Kyrsten Sinema is leaving office, and the avid traveler appears to have ramped up her trips before leaving Congress.
Uber Wants Expedia: Will The Merger Of Two Consumer Nightmares Make Everything Worse?
Uber is run by the former CEO of Expedia (2005 – 2017). No wonder it’s become such a terrible experience for both riders and drivers.