larryjw

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larryjw
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  • Apple's Director of Machine Learning exits over return-to-office policy

    larryjwlarryjw
    What would be interesting to hear would be Apple’s detailed rationale for their decision. I’m sure it will disappoint since I’ve been disappointed by all decision makers during this pandemic. Not that their decisions were wrong, though some certainly were, but there seemingly was a lack full coherent discussion regarding the decisions. 

    I would expect Apple to be no different. First, they really don’t have coherent guidance from the CDC or from state health officials, or WHO, or similar agencies in other countries. Collectively, there were many good guidances and some poorer ones which should have made it into the mix balancing risks. It’s all about making decisions in the presence of uncertainty. 

    One thing I feel certain about is Cook is not giving the orders. It’s something like “we need to bring people back into the office. Tell HR to put a plan into place.”

    No one knows what they’re doing — it’s all seat-of-the-pants — if you have an opinion and the authority, exercise it, 

    I do know some important factors. First the omicron mutation taking over is B.2.12.1. It’s not more infectious, it’s simply able to evade our immune systems better, making the vaccines and prior infections less effective. While it’s far less likely to cause serious illness than previous mutations, now may be the time to help it spread a little by bringing people to the office. But, it’s not a return to normal. 
    dewme

  • What analysts thought about Apple's Q2 2022 results & June quarter warning

    larryjwlarryjw
    If you’re a trader, you’ve got to be trading 365 days a year to write off expenses as a trader. If you’re in the business of making money for your clients, or living off your investments, market volatility simply means there is no place to put your money for asset growth. 

    Dividends are where you must go for income. Unless you need to sell stocks to live off of, I’d just hold. 
    sconosciutojony0

  • EU officials' iPhones were targets of NSO Group's spyware

    larryjwlarryjw
    Isn't NSO Group supposed to be one of the good guys?

    Fact: There are no "good guys". 
    watto_cobra

  • Apple claps back at UK report it claims would force it to 'redesign the iPhone'

    larryjwlarryjw
    Methinks the UK should eat their vegetables instead of electing them. 
    jeffharrisBeatswilliamlondonmattinozwatto_cobraDogperson

  • Fraud is being ignored on Zelle by its big banking founders

    larryjwlarryjw
    I've had to deal with both Zelle, and Venmo because that was the only way a few vendors wanted to be paid. I don't like either. 

    In some cases, some vendors want me to send a check. I don't write checks anymore but my bank issues a check on my behalf. But, my bank takes week just to think about it, then mails it, which takes another week. In one case, the vendor who received the check took another week to cash it, then it takes time for the Fed do all this interbank transfers. 

    The Fed recently published a working paper on the pros and cons of the Fed issuing CBDC (Central Bank Digital Currency). It's an interesting read at https://www.federalreserve.gov/central-bank-digital-currency.htm

    In 2023 the Fed will implement the FedNow service that will allow almost instantaneous financial transactions 24x7x365. See https://www.federalreserve.gov/paymentsystems/fednow_about.htm

    You can be sure Apple among others are not sitting on their hands. 
    watto_cobra