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That is a pretty simplistic assumption. Maybe the company looks at the higher processing fee and decides it isn't worth the cost?
We didn't accept AmEx until we could surcharge CC processing fees. Didn't want to raise our prices for everyone just to accept a tiny minority of cards.
Now it doesn't matter. We just jack up our price on the expensive services if the customer wants to use their card. Since you never know what the exact fee will be, every CC user gets the highest possible surcharge.
The sense of entitlement from stupid people always baffles me. Its rare, but still annoying to have a client get all indignant that they can't use their generous rewards card and get the same price as direct payment. Where do they think all that cash back/miles/perks come from? Is it just magic money that is created by purchasing with plastic? | r/technology | comment | r/technology | 2024-07-06 |
> ATM card is getting declined since my credit union sucks.
I had this issue, 7-11 ATMs ended up working fine (and only those). Blame the ATM owners instead. | r/technology | comment | r/technology | 2024-07-06 |
TADA! ENSHITTIFICATION COMMENCES! | r/technology | comment | r/technology | 2024-07-06 |
Weird, my banks website seems to disagree with you. It's almost like different banks have different policies. | r/technology | comment | r/technology | 2024-07-06 |
What does amex do that the other credit cards don't to protect you here? | r/technology | comment | r/technology | 2024-07-06 |
Where do you think the money for cashback/rewards comes from? | r/technology | comment | r/technology | 2024-07-06 |
I no longer sell anything on ebay due to "unacceptably high" seller fees | r/technology | comment | r/technology | 2024-07-06 |
Sucks when buyers and consumers have rights and protections doesn’t it? | r/technology | comment | r/technology | 2024-07-06 |
All tattoo shops I’ve worked don’t take discover or American Express either, because the fees are so high | r/technology | comment | r/technology | 2024-07-06 |
I’ll choose Amex over eBay any time. | r/technology | comment | r/technology | 2024-07-06 |
People definitely abused that in the past.
But today when people buy the shipping labels directly from the USPS through them so they have the tracking information and can see the exact shipping costs, that excuse falls completely flat. | r/technology | comment | r/technology | 2024-07-06 |
Only when you're a big one. Small ones are subject to YOYO: You're On Your Own. | r/technology | comment | r/technology | 2024-07-06 |
> Overall it's a good thing, the reward credit card thing is just a scam where you're paying for the rewards through processing fees which are hidden from you.
If this was true at all with the advent of modern computing vendors could easily offer different prices for different cards / cash / debit | r/technology | comment | r/technology | 2024-07-06 |
* You could have sold that camera in person for no fees. (at the cost of having to list on facebook marketplace/offerup, deal with a bunch of lowerballers, have people flake on meetups, and potential safety concerns for higher value stuff if not meeting at a police station).
* You could have sold that listed that camera online on places like Reddit/Discord Groups/etc. and shipped it to someone with a 3% Paypal G&S Fee.
Those methods take more work and are more tedious than just listing on eBay and printing out their shipping label with one click. But for one single camera it isn't that big of a hassle so the fees seem unreasonable.
Now imagine if you wanted to sell 100 cameras or 1000 cameras, suddenly eBay looks like a great deal rather than the first two options right? | r/technology | comment | r/technology | 2024-07-06 |
I'm sure every company has their reasons. I'm not going to call their customer service to ask the nuances of their payment system before I consider buying something that many vendors carry. If it is a tiny minority of cards, then it is also a tiny minority of overhead. You are free to run your business any way you want. I am free to choose any merchant or service provider I want. To call someone stupid because they disagree with your business model seems excessive. | r/technology | comment | r/technology | 2024-07-06 |
No, I’m not a fan. | r/technology | comment | r/technology | 2024-07-06 |
It's technologically possible.
In the past credit card company merchant agreements prohibited retailers from passing the fees to the customer. Eventually courts found those restrictions unlawful.
That changed and [it's now generally possible](https://www.nerdwallet.com/article/small-business/passing-on-credit-card-fees-to-customers) | r/technology | comment | r/technology | 2024-07-06 |
Amex at least takes care of its customers. | r/technology | comment | r/technology | 2024-07-06 |
Sorry not sorry I’m pro consumer. | r/technology | comment | r/technology | 2024-07-06 |
Lol Craigslist Angie’s list all those are full of scams too. Fucking entire world is a scam fest and governments don’t give a fuck about going after these assholes. | r/technology | comment | r/technology | 2024-09-06 |
Amex doesn’t let you get away with everything like some claim they are just more pro consumer | r/technology | comment | r/technology | 2024-10-06 |
Most likely, they do. However, why would someone withdraw cash from their bank or investments to carry it around unprotected, not earning interest? Consider large transactions as well.
Ultimately, the customers in a business’s market segment will determine the necessary payment method acceptance for success in that segment, not the business owners. If you sell sandwiches, a cash-only policy or limited card acceptance might be acceptable, but this approach may not work for many other market segments. It’s a non-starter in luxury goods, travel/hospitality, entertainment, and many other areas.
Also, remember, Amex provides better customer service for cardholders than the U.S. Treasury does for cash. | r/technology | comment | r/technology | 2024-10-06 |
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If only they had some balls. Or if this wasn’t some weird attempt at making A.I. Seem more powerful than it is. | r/technology | comment | r/technology | 2024-07-06 |
This is all just a marketing tactic by OpenAI. They pulled the same doom and gloom crap for gpt 4 and it can’t even repeat numbers I give it without fucking up | r/technology | comment | r/technology | 2024-07-06 |
Warn us about what? The nuclear codes aren't online. A lot of our energy grid is isolated and highly protected.
"AI" can't just do shit on its own. They can also flip a switch and shit found their servers.
Hey, if it's that dangerous, maybe it needs to be confiscated by the government without compensation. I bet Altman would disagree with that too. | r/technology | comment | r/technology | 2024-07-06 |
If they contact a journalist and ask to remain anonymous, it’s hardly an issue. | r/technology | comment | r/technology | 2024-07-06 |
As someone who has worked on smart meters integration, I can tell you power grids are neither isolated nor highly protected. | r/technology | comment | r/technology | 2024-07-06 |
Because the "insiders" telling us they want a "right to warn" the public could just as easily actually tell us.
This is marketing. And there is zero existential threat from a fucking language model. | r/technology | comment | r/technology | 2024-07-06 |
This guy is such a Musky Musk-like Musk. They're all shills. They make money by getting in the news. Delivery and capabilities are not what they're worried about. | r/technology | comment | r/technology | 2024-07-06 |
I used to be one of the folks who thought these things were just quirky text generators, but worked with about 7 systems over a year. The lack of understanding of what LLMs are, how they work, and what they are able to accomplish is remarkable. They are not simple software that works uniformly. They are autonomous and work by learning. They all start new with a user account and learn quickly over time. How the user interacts with them can actually impact how well they learn and work. They are capable of picking up things that normal software cannot and can implement incredibly creative solutions to problems as they become acquainted with a user. | r/technology | comment | r/technology | 2024-07-06 |
Lol going against your government isn’t automatically treason, even if they are state secrets. You can’t just slap treason on any domestic discontent especially in the wake of extremely damning facts, the utter loss of our right to privacy and thus a portion of our freedom was unknowingly stripped without our consent.
He didn’t actively try to overthrow the government or work with a foreign government to achieve something against the US. It wasn’t by any definition of the word treason | r/technology | comment | r/technology | 2024-08-06 |
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big tech has failed | r/technology | comment | r/technology | 2024-07-06 |
its a national security problem at this point. these companies are fueling black market data. | r/technology | comment | r/technology | 2024-07-06 |
It won’t though. CEO’s are a dime a dozen. | r/technology | comment | r/technology | 2024-07-06 |
Only because the pay vs. risk is so lopsided. Right now, there's zero risk at all and all profit for taking a C-suite. Most of them negotiate ridiculous exit packages at the start. Even if they tank the company, they still golden parachute their way into the next one.
If CEO's are actually on the hook personally and legally for the performance of their companies, shit will change really fast. | r/technology | comment | r/technology | 2024-07-06 |
It’s a “too cheap and lazy to have proper security because they’re spending all their money on executive bonuses” problem. | r/technology | comment | r/technology | 2024-07-06 |
And for that kind of compensation they should have real consequences for shitty decisions. | r/technology | comment | r/technology | 2024-07-06 |
http://archive.today/WLmYA | r/technology | comment | r/technology | 2024-07-06 |
Summary:
The Snowflake data breach saga continues to unfold, with reports suggesting that the number of affected companies could be among the largest in history. Cybercriminals have publicly claimed to be selling stolen data from two more major firms, Advance Auto Parts and LendingTree, allegedly obtained from Snowflake accounts.
Advance Auto Parts has acknowledged the potential involvement in a security incident related to Snowflake but has not provided further details. LendingTree has not responded to WIRED's requests for comment. Neither company has filed breach notifications with the Securities and Exchange Commission at the time of writing.
The identity of the attackers and the workings of the BreachForums cybercrime marketplace, where the stolen data is being sold, remain uncertain. The FBI seized the forum in May, but a new version soon emerged, and its owners, ShinyHunters, claimed to be selling 560 million records from Ticketmaster and 30 million from Santander. | r/technology | comment | r/technology | 2024-07-06 |
Just need to wait till the new WINDOWS feature. | r/technology | comment | r/technology | 2024-07-06 |
It doesn’t matter how strong your password is if it’s stolen…? 2FA fixes that | r/technology | comment | r/technology | 2024-07-06 |
Yeah I think the term breach should not be used for cases where legitimate login credentials are stolen. Makes it sound like a flaw in Snowflake was exploited, which doesn’t seem to be the case here | r/technology | comment | r/technology | 2024-07-06 |
It’s so crazy to me when I hear this stuff is an inconvenience with my clients. Really? Your team is just so upset by the extra 10 seconds it takes for MFA. The fast paced world we live in is hilarious like this sometimes. | r/technology | comment | r/technology | 2024-07-06 |
I don't see the option to on my Ticketmaster account. It's enabled on every account that it's possible for. Not every website supports it, even in this day and age. | r/technology | comment | r/technology | 2024-07-06 |
These same guys are the ones forcing password changes on their employees every 2 weeks.
But won’t secure their entire network. | r/technology | comment | r/technology | 2024-07-06 |
So they should publish articles for you to read for free? | r/technology | comment | r/technology | 2024-07-06 |
The real question here is, how did a bunch of Snowflake credentials get stolen | r/technology | comment | r/technology | 2024-07-06 |
It is better than nothing but, I find Bitwarden better for storing keys, and other non website passwords. There is a handy comparison here:
https://www.reddit.com/r/Bitwarden/comments/x25rzq/an_brief_analysis_of_google_password_manager_vs/ | r/technology | comment | r/technology | 2024-08-06 |
Tell them that if they have a data breach then it will be the quickest way for them to hit the exit door. That normally sharpens minds, just ask the various CEOs who have been forced to resign.
https://businesschief.com/leadership-and-strategy/target-ceo-resigns-over-data-breach-1
https://assured.co.uk/2023/post-breach-red-faced-ceos-youre-fired/ | r/technology | comment | r/technology | 2024-08-06 |
They are denying it is there fault. But seriously you allow companies to put there corporate data warehouses on your platform protected by a user name and password only? It may not be their fault the passwords where compromised but they are still culpable. | r/technology | comment | r/technology | 2024-08-06 |
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Over unity was achieved in 2014 | r/technology | comment | r/technology | 2024-07-06 |
The only missing step is ~~scamming taxpayers~~ lobbying the government into giving him billions in subsidies. | r/technology | comment | r/technology | 2024-07-06 |
I was thinking more SMR 2.0. | r/technology | comment | r/technology | 2024-07-06 |
So this is how AI nukes us | r/technology | comment | r/technology | 2024-07-06 |
Considering the biggest most expensive fusion reactor ever can barely break even | r/technology | comment | r/technology | 2024-07-06 |
Sort of. They only measured the laser energy put on the target vs the energy out of the target. If you include the energy needed to produce the laser you get a net negative. Laser efficiency needs to be improved drastically to make this form of fusion worthwhile. We are still quite a long way from practical fusion for energy. | r/technology | comment | r/technology | 2024-07-06 |
> What's the deal with these part-time CEOs running multiple companies that feed off each other?
The _deal_ is [Self-Dealing](https://www.investopedia.com/terms/s/self-dealing.asp). | r/technology | comment | r/technology | 2024-07-06 |
I said exactly this like a week ago. Now this. This universe is so stupid | r/technology | comment | r/technology | 2024-07-06 |
Was there a laundering plot on that? Can't recall the details. Only remember she lied about the tech existing. | r/technology | comment | r/technology | 2024-07-06 |
Because your sentence structure clearly insinuates disapproval and dismissal.
Don’t try to gaslight me. Your comment is right there | r/technology | comment | r/technology | 2024-07-06 |
Yeah it does, clearly, since my question wasn't answered and I got a rant instead. | r/technology | comment | r/technology | 2024-07-06 |
They did answer your question.
Binding contracts have been made. No energy supply has flowed yet though. | r/technology | comment | r/technology | 2024-07-06 |
But a Burger King cashier can’t flip burgers at McDonalds due to conflict of interest 🤷♂️ | r/technology | comment | r/technology | 2024-07-06 |
Fusion is theoretically much, much safer than fission because it doesn't generate harmful radiation, or nuclear waste in the manner that fission does. It's byproduct is helium, which inert.
I'm not aware of any commercially viable fusion business out there, however, so I don't know what it means to buy energy from one today. | r/technology | comment | r/technology | 2024-07-06 |
Lied about tech existing. Ran blood tests through existing equipment while claiming it was dione through their breakthrough technology. | r/technology | comment | r/technology | 2024-07-06 |
The most expensive fusion reactor ever is still being assembled in France.
Somewhere a few steps from that is the National Ignition Facility, which currently holds the world's record for the largest Q factor, and isn't even remotely close to being a commercial power source.
This "deal" should ring alarm bells at the SEC. It reeks of laundering money out of OpenAI's over-inflated current worth and into a side company. | r/technology | comment | r/technology | 2024-07-06 |
It's always fun when Sam unleashes his actual OpenAI-powered reddit bots to shill for his own companies. | r/technology | comment | r/technology | 2024-07-06 |
> Fusion is theoretically much, much safer than fission because it doesn't generate harmful radiation
What.
The by-product of fusion is gamma radiation at the very minimum and neutrons as well for everything else.
> It's byproduct is helium, which inert.
I'm guessing you don't know what an alpha particle is...
Not producing radionuclide products isn't the same thing as not generating harmful radiation. | r/technology | comment | r/technology | 2024-07-06 |
It's been 11 years and the actual experts in the field are still calling it "voodoo fusion" so, yeah, excuse the skepticism. The fact they've got customers or that it has high capital requirements do not preclude the fact that it looks like your typical pie-in-the-sky engineers-just-wanna-have-fun scam company. CEOs get duped at a higher level than the common public - their job *requires* them to blow smoke up people's asses, so they're the same type that *believes* that smoke half the damned time.
And this is one hell of a smoke machine. If the line of research had *any* validity, you'd see government labs working down the same avenues. And they've gone down a *lot* of fringe avenues in search of fusion, dumping way more money into the problem. The Navy has a literal *budget* for fusion research they'd love to tap into... if this wasn't a scam. The fact that they keep making these wild-ass claims publicly and yet have failed to demonstrate to their peers that their claims have *any* validity means, you guessed it, it's a scam.
It's like saying a guy in his garage with a couple of half titanium spheres and carbon fiber can dive to the Titanic repeatedly, while the *actual* engineers in the field are all screaming "why the FUCK are you listening to that guy, do you *want* to die?" | r/technology | comment | r/technology | 2024-07-06 |
>It's been 11 years and the actual experts in the field are still calling it "voodoo fusion" so, yeah, excuse the skepticism. The fact they've got customers or that it has high capital requirements do not preclude the fact that it looks like your typical pie-in-the-sky engineers-just-wanna-have-fun scam company.
So, I don't want to shit on experts by any means, but plenty of AI experts said AI video generation at the level of sora would not happen this century. Said the same about something like ChatGPT.
Point is, these are private companies, with patents, trademarks, private intellectual property and trade secrets.
Experts can be perfectly competent and intelligent and STILL not be able to accurately assess whether something is possible due to the high degree of asymmetric information.
So I'm always a bit skeptical about the hype - but also of the skeptics themselves. It's too easy to shit on things you don't work because you don't understand them fully. | r/technology | comment | r/technology | 2024-07-06 |
Didn’t he cut similar shady deal with his chip company that had him fired originally? | r/technology | comment | r/technology | 2024-07-06 |
Inductive reasoning is a useful tool. As this is a private company with proprietary research, we cannot actually make any determinations about the progress of their technology. All we can do is infer on the viability of the business based on the decisions we see from others.
From that point, any argument made is based on subjective appraisal. Say what you will about Microsoft and Sam Altman, but I don't think they're stupid enough to pour that much money into this without good enough reason to believe there will eventually be a return on this investment.
I spent some time browsing the company's website, social media pages, and the Wikipedia page. As far as information internal to the company goes, that's the best it seems we can do. It's extremely quiet; advertising mostly to potential employers moreso than anything else. As mentioned elsewhere in this thread, scams are often characterized by extreme promises about quick and massive incentives. This is not present from what I've seen. As far as I can tell, the company is legitimately researching this technology. And those that have invested are willing to wait several years for them to actually begin functioning as a power plant.
How far away is the technology? I have no clue. I am no physicist. I have no reason to argue with anyone telling me it will take longer than is proposed by Helion. But this subreddit often employs a mentality of "this technology does not and will not exist until it is in front of my face." Problematically, this perspective is inherently self-contradictory. While I appreciate the scrutiny, some technology is worth more thought than others. Considering the recent growth, breakthroughs, and investments in this field, I personally conclude that the fusion power will be a solved problem one day. This argument, however, is contingent on the assumption that the people involved know what they're doing. | r/technology | comment | r/technology | 2024-07-06 |
I understand people being skeptical but do people not understand what is currently happening? This is an arms race to beat China and they just revealed why they picked 2027 as their goal for AGI
They are being backed and funded by the government and various major backers because if they achieve AGI before China they plan on using it against them to negotiate a new deal.
China is about to invade Taiwan to throw a wrench into this plan and Russia invading Ukraine is simply their last ditch effort to push back against the West because they are so behind in all departments they basically have no other options but war.
2027 the U.S. is gonna hold AGI over these other countries and give them an ultimatum. | r/technology | comment | r/technology | 2024-07-06 |
Interesting… hopefully they’re not relying on a fusion breakthrough in the next four years to deliver on it and they’re actually building right now. | r/technology | comment | r/technology | 2024-07-06 |
The less taxes they pay the more money they have to throw at tech pipe dreams, then they probably pay even less tax by “investing” or writing off costs etc. | r/technology | comment | r/technology | 2024-07-06 |
I think the bigger issue is institutional inertia. Its hard to get OpenAI to run a nuclear power company because its structurally designed around building software and running servers. You will get infighting over budgets, with partners and board members who don't like it. | r/technology | comment | r/technology | 2024-07-06 |
Quite. There still aren't any reactor that reached net power, so the device is still an academic project. Then when the device will actually exists the costs will be ridiculous. It'll take another decade or two to make it compete with current renewable energy. And perhaps more given both solar and battery storage are improving at a fair pace. | r/technology | comment | r/technology | 2024-07-06 |
The CHIPS act is arguably a large subsidy to AI. | r/technology | comment | r/technology | 2024-07-06 |
Yeah I guess you can say that. They're paying 350M $ for something that doesn't exist yet and the only guarantee they have is Altman saying "trust me bro". | r/technology | comment | r/technology | 2024-07-06 |
What is the scam?
Please enlighten me, oh superior one | r/technology | comment | r/technology | 2024-07-06 |
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big fat bonuses will do that to you. | r/technology | comment | r/technology | 2024-07-06 |
In other news, water is wet. /s
In all seriousness, though, I find it increasingly hard to trust senior company leaders' statements. The incentives to tell the truth or express a contrary opinion are so misaligned. And/or everything is couches in legalese. | r/technology | comment | r/technology | 2024-07-06 |
If you read the article, she didn’t really “brush away concerns” as the opening text suggests. In fact, it was discussed very little at all. The concerns mentioned in the last part were not even asked about. | r/technology | comment | r/technology | 2024-07-06 |
Didn’t you know? People in this sub tend to hate technology these days :p. That’s at least the impression you often get.
Also, everything is so black and white on Reddit. Nuance takes time, I guess. | r/technology | comment | r/technology | 2024-07-06 |
People like this shouldn't be allowed to go out of the house without repercussions. | r/technology | comment | r/technology | 2024-07-06 |
Dont forget it's a gold mine for abusive partners. | r/technology | comment | r/technology | 2024-07-06 |
well that is silly but as a fellow cynic I get it.. | r/technology | comment | r/technology | 2024-07-06 |
Because if he did, he'd be replaced by someone who doesn't. | r/technology | comment | r/technology | 2024-07-06 |
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My God you're hilarious and give so much to the community! I wish you'd contribute more! | r/technology | comment | r/technology | 2024-07-06 |
Someone, ANYONE replace that battery in that there smoke detector already! | r/technology | comment | r/technology | 2024-07-06 |
in the late 60s my brother worked at KPFK 90.7 in los angeles. the neighbors son had a call in kinda art bell radio show at KPCC in pasadena.. i can't recall the guys name. he ended up being Paris Hiltons Publicist
my brother recorded some sounds from a tone generator as he twisted the knob.. wired the tape recorder into the Telephone.. called up the radio show.. my brother knew his board operator.
my brother described the call like this..
HI i am a local grad student at the deep space radio receiver.. every thursday afternoon at 4 o clock i receive messages from Alpha Centari and i thought i would time my call so you could hear them.. my brother gave him some techo lingo that sounded great.. then said.. oh their coming in now.. and turned on the tape recorder.. after a few moments.. my brother said.. i have to take this down.. they said its really important.. i will call you. back.. click..
the board operator kept my brother filled in but ever day when the show host came in for the next year... did that grad student call back yet..
i just looked it up... Elliot Mintz. if any of you know him. Don Petty pranked him so many years ago.. | r/technology | comment | r/technology | 2024-07-06 |
Good lord you're hilarious! Got anything else my dad would chuckle at? This is a SHOCKINGLY original post. | r/technology | comment | r/technology | 2024-07-06 |
The story actually says that the signal is from a pulsar. It repeats every 58 point something minutes. | r/technology | comment | r/technology | 2024-07-06 |
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