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Cake day: August 25th, 2025

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  • I work for a different large ISP who provides modems and routers to our customers, but not this specific feature (being a bit vague because I know at one point mentioning the company’s name on social media would result in the post being reviewed by the social media team/referred to security for anything discussing internal processes, and while Lemmy probably isn’t on their radar I’d rather not risk it).

    The amount of data we can see if you’re using our routers is pretty crazy, and most people have no idea. We can see exactly what you have on your network and what it’s doing. If you’re just using the modem and not the router, we have much more limited visibility. We don’t have the capacity to monitor everything everyone is doing all the time, so if you’re using your own equipment (and you’re not using our DNS service), it’s unlikely we have much data on your activity. Storage in the scale needed to store what everyone is doing gets expensive.

    I’ve always used my own equipment, and I make sure everyone in my family has their own equipment as well. I would absolutely advise against using your ISP’s equipment if your goal is privacy.


  • My degree was in economics (though I didn’t stay in the field and moved into information security instead). Econ 101 is basically a bunch of thought experiments that are designed to get people thinking about very broad economic concepts, but it’s all very, very abstract and largely doesn’t apply to anything connected to reality.

    In higher levels, it starts to resemble reality, though my professors constantly reinforced the lesson that there are multiple ways to interpret data and that no matter how complicated you make the model you’re using, it’s still a massive oversimplification of the real world.

    Unfortunately, people take intro micro/macro and think that’s what economists actually think when in reality they’re essentially learning about the very, very general oversimplifications. The amount of math it takes to start going through the actual models gets overwhelming, and it’s unlikely a first or second year undergrad would be able to handle it unless they’d already taken calc 1 and 2, and ideally some additional statistics classes.

    There’s also been a massive shift in the last decade from theoretical models to much harder quantitative experimentation, so the field as a whole is trying to be less theory-driven and more data-driven. I sometimes wish I’d found the math more enjoyable, because it’s been very exciting to see some of the results coming from experimentation.


  • I didn’t assume you were saying she was the greediest person in the world. You said she should pay her staff more and charge her customers less, and I pointed out that she pays her staff more than anyone else would, and that the prices people pay for her seats and merch are often highly inflated by scalpers, not by her.
    And even if she paid all her cash money to her staff and gave her products away for free, she would still be a billionaire off of her catalog and name.

    You responded with a very dismissive comment about rapists, which was both insensitive towards victims of sexual assault and a complete failure to engage with the conversation. That’s why I said it was made in bad faith.


  • DesertCreosote@piefed.blahaj.zonetomemes@lemmy.worldNo good billionaires
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    9 months ago

    “He was a very gentle rapist”

    That’s not exactly a good-faith argument. You said she should pay her staff more and charge less for tickets. I provided a counterpoint to that.

    Going back to the original question that you were asked, should she have retired when she started to approach $1 billion in net worth?

    I will point out that the ownership rights to her music, which she purchased with the money she made from The Eras Tour and now owns completely, is probably worth close to $1 billion in valuation alone. Even if her entire liquid net worth was taxed from her, she’d be a billionaire on paper just by virtue of her music catalog & the value of her name.


  • DesertCreosote@piefed.blahaj.zonetomemes@lemmy.worldNo good billionaires
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    9 months ago

    I’ve seen this viewpoint a lot lately, and while I absolutely agree that tickets to her shows are expensive, when my wife bought tickets to the Eras Tour she was able to get them on the primary market for about $300 each for very good seats. The secondary scalping market was selling the same seats for between $2,000-$4,000 depending on the show, and people were buying them at that price. From a supply and demand perspective, Taylor Swift was absolutely selling those tickets below their true market value.

    As for paying her crew more, she also paid out $197 million in bonuses to her crew across the tour. That’s about 10% of tour revenue in bonuses. Not profits, revenue. I’ve been tangentially involved in the entertainment industry since college and have multiple friends directly involved, and I’ve never heard of any other performer giving that much in bonuses to their crew.

    Additionally, she donated to food pantries in every city she performed in. While the amounts she donated to each food pantry have not been released, people have worked out that it was likely at least $20k/pantry, based on the number of meals the pantries said they would be able to provide with it. That’s at least $1 million across all the cities, which is obviously not enough, but is far more than most other entertainers do.

    I know she gets a lot of flack because she’s so visible in our culture, but in terms of how bad billionaires are, she’s significantly better than a lot of others who fly under the radar. There are over 3,000 billionaires today, according to Forbes, and I’m pretty certain most of them made their money through much worse methods than singing songs and selling overpriced merch to fans. 😛