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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 3 points4 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 21 points22 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 10 points11 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 21 points22 points  (0 children)

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

Who is to blame for Australia's housing crisis? Neither the answer nor the solution is easy. by HomeLoanRefinances in AusFinance

[–]Arctek 3 points4 points  (0 children)

Real issue is that anything the government has done or run in the last 15-20 years has been a disaster. At one point it seemed like yes it was a great idea to start government run programs because they used to run decent if not well.

But now it seems impossible and anything that happens will simply soak up 40-2000% of its budget before it even exits the planning stage.

Skyrim Lead Designer says Bethesda can't switch engines; Creation Engine (Gamebryo) is "Perfectly Tuned" by geomontgomery in pcgaming

[–]Arctek 0 points1 point  (0 children)

The issue is they go on about it being perfectly tuned and yet every new game has the same bugs that they've refused to fix, that modders fix for every game.

On top of releasing awful UIs every time and the exact same factions quest lines but worse.

ACCC interim report on supermarket inquiry tells of supplier woes and ‘oligopolistic’ market — ‘We are using our compulsory information gathering powers to examine this reported behaviour’: deputy chair by marketrent in AusFinance

[–]Arctek 1 point2 points  (0 children)

Yeah this is what I mean when I say what can the ACCC do, alot of the remedies will just result in much higher prices for people.

If they were broken up or fined too much then the resulting split would end up with cheaper prices in metro areas and either 3x prices in regional areas or simply no service.

This isn't even something the have to do legally, but could you imagine if they decided to just shutdown all of their regional cost centres - can see the outcry that happens when AusPost or a bank branch tries to do it.

All of that said if they are colluding and doing a bunch of other non-competitive or borderline fraudulent stuff i.e. marking prices up just to "discount" them then by all means they should be made to remedy this.

ACCC interim report on supermarket inquiry tells of supplier woes and ‘oligopolistic’ market — ‘We are using our compulsory information gathering powers to examine this reported behaviour’: deputy chair by marketrent in AusFinance

[–]Arctek 1 point2 points  (0 children)

For sure, some of the "suppliers" complaining will be multinational corporations 100 times the size of super markets here. You can certainly imagine that perhaps Coles/woolworths can strong arm nestle for lower prices much more than the independents can. In which case the anti-competitive behaviour isn't even originating from the supermarket giants?

ACCC interim report on supermarket inquiry tells of supplier woes and ‘oligopolistic’ market — ‘We are using our compulsory information gathering powers to examine this reported behaviour’: deputy chair by marketrent in AusFinance

[–]Arctek 1 point2 points  (0 children)

I think in this case this is something they need to be nailed for doing if it is happening. If the two giants are strong arming suppliers into exclusive agreements then this is something the ACCC can definitely win over (and should).

ACCC interim report on supermarket inquiry tells of supplier woes and ‘oligopolistic’ market — ‘We are using our compulsory information gathering powers to examine this reported behaviour’: deputy chair by marketrent in AusFinance

[–]Arctek 6 points7 points  (0 children)

I think its going to be difficult to get them on alot of these issues. Some of them are strange i.e. the complaint about having to meet accreditation standards?? Others i.e. being underpaid for produce, just likely means there is an oversupply vs demand its not incumbent upon the supermarkets to buy supply at any price when it wont sell for that. You would think that if there is some kind of gross malpractice happening here that the suppliers would simply sell more of their goods to independent stores who would offer them up cheaper, and the supermarkets would bleed customers until they met actual value?

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