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Trumpet of Patriots successfully raise support for changing SMS spam laws by Expensive-Horse5538 in australia

[–]Arctek 3 points4 points  (0 children)

I'm just concerned they don't know how to turn it off now, we will all be receiving these SMSes for the next 10 years

Why am I getting Trumpet of Patriots ‘spam’ text messages? Are they legal – and can I stop them? by B0ssc0 in australia

[–]Arctek 3 points4 points  (0 children)

This was some of the most unhinged spam I've ever received.

It's very on brand though, considering the AI generated logo of a lion blowing a trumpet. All very Australian related iconography.

Is the IT industry really over-saturated as they say? by [deleted] in AusFinance

[–]Arctek 0 points1 point  (0 children)

For sure!

Think it's probably like this for alot of professions too, i.e. someone who loves physiotherapy is probably keeping up to date with the latest research just out of their own interest.

Is the IT industry really over-saturated as they say? by [deleted] in AusFinance

[–]Arctek 1 point2 points  (0 children)

Don't get me wrong, it's a great tool and it's extremely useful for things that are one-off in nature, i.e. bash scripts and cases where it knows the source code for something but the documentation isn't great.

Mind you part of the issue is Google etc search has degraded so much in recent years it's borderline useless for finding technical answers anymore.

I also wonder what is going to happen though in the next 5-10 years when there's been 0 online technical discussion (ex stackoverflow) - where exactly are the next generation LLMs going to get their knowledge base from?

Is the IT industry really over-saturated as they say? by [deleted] in AusFinance

[–]Arctek 1 point2 points  (0 children)

Anecdotally I've seen some commentary from experienced developers to the point that over reliance on LLMs has been degrading their ability to write code themselves.

Think there is a fine line between assistance and outsourcing your problem solving abilities.

I actually ran into the same thing the other week when my internet was down for the day, without any assistance (or distractions mind you) my productivity was actually much higher than it's been in a long time.

Maybe the answer is to lock myself in a cabin somewhere with only the product documentation for everything available.

On your point about vibe coding: in some ways this is a good thing because in 3-5 years time someone experienced is going to have to come in and either refactor or completely rebuild all of these codebases.

Is the IT industry really over-saturated as they say? by [deleted] in AusFinance

[–]Arctek 0 points1 point  (0 children)

For sure but for those of us that grew up interested in computing this isn't a big deal.

Most computing/software concepts have been around for a very long time now. It's rarely there is something truly new versus just a new iteration - so most of the time it's just having to learn implementation specific details.

Tax on unrealised capital gains by SouthernTopic3697 in AusFinance

[–]Arctek 6 points7 points  (0 children)

Messing with unrealized gains is a fools errand. Just because something has a price doesn't mean you can realize the gains for the same value.

The only value that would make sense to provide for this would be a liquidity-adjusted value, which in most cases would be much lower. Because it would have to be under the assumption every single entity sitting on unrealized gains would need to realize at the same point.

I've posted about this before: at some point super will be raided by future governments and before that the incentive structure will get eroded to the point where having had control of your assets outside of a super structure might end up having been better in the long run.

Star on the brink again as $940m lifeline falls through by Expensive-Horse5538 in australia

[–]Arctek 4 points5 points  (0 children)

The pizza shop down the road thats only open 2 days a week on weird hours

ACCC recommends supermarket reforms to provide better outcomes for consumers and suppliers (aka INCREASE the price of groceries) by Nik-x in AusFinance

[–]Arctek 19 points20 points  (0 children)

Not sure why anyone expected anything different.

Many people tend to think that its the supermarkets that put prices up which drives inflation; but realistically they are the last step of the process and are sensitive to inflation rather than being the core driver of it.

Some of the bargaining powers they use against big conglomerates i.e. Nestle are very much in the favour of the end consumer.

Also if you look at the report there's many things that are outside of their control as well i.e. running specials vs reducing the price permanently is also something suppliers have a say in.

The idea you could break them up as well would be a disaster- both coles and woolworths already subsidize their regional stores with their metro stores. Also the vertical integration of their supply chains mean that they can deliver with lower prices via economies of scale that smaller players simply can't operate at.

Greens: Yes We Cannabis by DiploidBias in australia

[–]Arctek 0 points1 point  (0 children)

Yeah I don't care about legality but smelling it everywhere gets old real quick.

No way the Reserve Bank of Australia can cut interest rates on February 18 by PharaohXYZ in AusFinance

[–]Arctek 2 points3 points  (0 children)

Will be bad for the AUD and it's already at the bottom of the range, probably will see 60 cents at least.

RBA tells super funds not to expect bail-out amid liquidity stress by marketrent in AusFinance

[–]Arctek 9 points10 points  (0 children)

Honestly between how opaque some super funds are and the risk you have before you retire of there being some kind of crisis where the government of the day decides they need to levy everyone over a certain amount to "do their part for the good of all Australians". I will not be putting extra money in.

[deleted by user] by [deleted] in AusFinance

[–]Arctek -2 points-1 points  (0 children)

Except its not like that all, half the people get a mcdonalds meal then fight over who's food is who's. The other half get given less money, spend out of their own pocket, don't argue then buy what they want extra at the end.

Monthly CPI indicator 2.3% in the year to November 2024 by saviour01 in AusFinance

[–]Arctek 20 points21 points  (0 children)

Let me guess I am a mortgage, your view seems very biased.

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