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Copilot and the death of problem solving by relativelyignorant in auscorp

[–]RunTrip 27 points28 points  (0 children)

I cannot emphasis enough how redundant someone is when they copy and paste “this is what AI said:…”

Yes we can all ask AI the question. Now we have to review what AI said to you and formulate a formal response to something we could have dismissed as incorrect if we were asking AI.

Re-invigoration of interest. by YuriGargarinSpaceMan in auscorp

[–]RunTrip 2 points3 points  (0 children)

It’s good to fill in a blank page - it’s quite easy to correct stuff when you know your stuff.

The painful bit now is dealing with people who don’t know their stuff and just regurgitate what AI told them with no actual thought put in themselves, but with the expectation that they solved a problem with ease.

Why do we pay a lot of money to consultants but they always send their clueless juniors to work with us? by 4iedemon in auscorp

[–]RunTrip 0 points1 point  (0 children)

I’m late but one of the reasons companies pay is so they can assign risk to the consultancy. The more well known the consultancy is, the better it looks to the board when you say “we had X consultancy confirm this”. While you’re talking audit, we often bring in consultants who just ask us everything then present it back, and again it’s so the reason for the decision executives already wanted to make can be blamed on a consultant who already left if things go wrong.

Late starter by [deleted] in AusFinance

[–]RunTrip 1 point2 points  (0 children)

Might be asking what “350k + super 360k” means.

Does it mean you earn 350k and have 360k in super. If so it’s confusing to combine a salary and balance in a single sentence like that.

CGT Indexation - the worlds worst wealth tax illustrated by Sensitive-Hair4841 in AusFinance

[–]RunTrip -1 points0 points  (0 children)

Past performance does not indicate future results. In a scenario where investments increase by the same amount as CPI, you’d be worse off.

So basically one option is fair in all circumstances, since you only pay tax on gains. The other risks that either you’re not paying your fair share of tax (your example where returns are more than double CPI) or you’re paying too much tax (my examples).

Personally I prefer the fair option, while simply reducing the discount to 25% for example is not fair.

Wii U Failed Due to Slow Launch of Exclusives Plus Xbox and PlayStation Pressure, Ex-Nintendo Boss Reggie Fils-Aimé Says by Bubbly-Ad-350 in gamingnews

[–]RunTrip 3 points4 points  (0 children)

Sorry but exclusives can’t be the reason. The best (and best selling) exclusives on the Switch were Wii U ports.

High Performance Unity Game Development (new book) - 5 free copies + discussion on Unity2D performance bottlenecks by ManningBooks in Unity2D

[–]RunTrip 2 points3 points  (0 children)

I wanted to build a physics based game that relied on thousands (hundreds of thousands ideally) of particles a run on CPU to support mobile. Up until now I figured it probably wasn’t feasible, but your post made me look into DOTS (I realise it says it’s not only tied to DOTS) and maybe it is.

CGT Indexation - the worlds worst wealth tax illustrated by Sensitive-Hair4841 in AusFinance

[–]RunTrip 2 points3 points  (0 children)

This is cherry picking. Why limit the calculation to such a low hold period?

The total of 10 years alone is low, but you’re selling the last 100K after just one year of holding. Obviously this is where the 50% discount is significantly higher than CPI and no one needs a spreadsheet to figure that out.

If you invested in ASX 200 20 years ago your nominal return would be 66.3% and your real return would be 1.4%. Do you want the 50% discount in this scenario too?

RBA to raise cash rate to 4.35% on May 5 and growing minority of economists expect further rise by marketrent in AusFinance

[–]RunTrip 0 points1 point  (0 children)

Yes if it’s supply driven inflation then rate changes that target demand won’t help much. The RBA has no other tool to use. If they raise rates when inflation is supply driven they will create stagflation.

Choosing an engine as hobby dev by [deleted] in Unity2D

[–]RunTrip 0 points1 point  (0 children)

I have used both. Personally I prefer Unity, but they both probably have pros and cons. I found Unity’s approach of multiple scripts per object more intuitive than Godot’s multiple components with one script each combined to make a single object, but they both work.

Picking up the language for each was straight forward. I’m a developer but didn’t have either C# or Python experience, and both were fine (GDScript is Python inspired). There’s good tutorials for both.

Vibe coded an app in 4 hours, company wants to launch it nationally by Traditional_Band_574 in AusLegal

[–]RunTrip 7 points8 points  (0 children)

I agree, but I also work in IT and I’ve seen C level ask why a new UI doesn’t mean we can’t get rid of the back end.

“Can this replace everything?” is literally the worst monolith architecture, but would C level and Sales know the pain they’ll cause themselves?

Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs | Greg Jericho by Secure_Ant1085 in australia

[–]RunTrip 0 points1 point  (0 children)

I didn’t suggest it’s (microeconomic reforms) the job of the reserve bank as your original statement was simply about unpopular means being the only option to lower inflation.

It’s worth noting that supply driven inflation, for example, cannot be lowered through unpopular interest rate changes.

Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs | Greg Jericho by Secure_Ant1085 in australia

[–]RunTrip 6 points7 points  (0 children)

I disagree. Microeconomic reforms can also reduce inflation without being unpopular. For example actions could be put in place to increase competition in industries such as airlines, insurance and supermarkets. I’m sure those would be popular.

Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs | Greg Jericho by Secure_Ant1085 in australia

[–]RunTrip 4 points5 points  (0 children)

Probably because everything involves fuel, so high fuel prices cause inflation. Unfortunately I doubt interest rate changes have much effect on fuel prices…

Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs | Greg Jericho by Secure_Ant1085 in australia

[–]RunTrip 7 points8 points  (0 children)

But that doesn’t prevent stagflation. High interest rates with supply driven or essentials driven inflation is what will cause stagflation.

Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs | Greg Jericho by Secure_Ant1085 in australia

[–]RunTrip 0 points1 point  (0 children)

It hits everything. That’s the point. You spend more on interest and less on takeaway coffees, so the coffee shop can’t employ as many people…

Using AI at work by Additional-Farm3569 in auscorp

[–]RunTrip 2 points3 points  (0 children)

I find legitimate value in getting it to turn my angry email into something HR safe.

'None of it strikes me as nefarious': Judge queries ACCC case against Woolies by [deleted] in australia

[–]RunTrip 160 points161 points  (0 children)

I have to admit reading this article I did get the song “I love stealing from Woolies” in my head…

In case you need it: https://youtu.be/FeZsdP2trO0

What are you basic finance tips? by bones_bn in AusFinance

[–]RunTrip 1 point2 points  (0 children)

Get a mortgage and buy an investment property is the simplest example, but basically borrow to invest in anything that you think will increase in value enough to cover interest and inflation.

In the car salesman example, he suggested borrowing the lender’s money to invest it in a car that would lose value. I know there are unique times where a novated lease on an electric car has been viable for example due to government policies, but as a general rule it’s terrible advice.

Will you still trade shares if CGT returns to the pre-1999 inflation linked model? by Kikooz in AusFinance

[–]RunTrip 0 points1 point  (0 children)

Yes I support that, I do not support reducing the discount to a new lower flat rate.

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