Uber’s Path of Destruction – American Affairs Journal

Uber’s Path of Destruction – American Affairs Journal:

Since it began operations in 2010, Uber has grown to the point where it now collects over $45 billion in gross passenger revenue, and it has seized a major share of the urban car service market. But the widespread belief that it is a highly innovative and successful company has no basis in economic reality.

An examination of Uber’s economics suggests that it has no hope of ever earning sustainable urban car service profits in competitive markets. Its costs are simply much higher than the market is willing to pay, as its nine years of massive losses indicate.

Enjoy the Uber ride while it lasts because at this rate the service won’t be around in the future. Ultimately, the tune will stop playing on this game of musical chairs.

Microsoft says mandatory password changing is “ancient and obsolete”

Via Ars Technica:

Microsoft said it was removing periodic password changes from the security baseline settings it recommends for customers and auditors. After decades of Microsoft recommending passwords be changed regularly, Microsoft employee Aaron Margosis said the requirement is an “ancient and obsolete mitigation of very low value.”

I use 1Password to reduce my own security risk by allowing it to automatically generate random passwords as required, but I’m not most people.

It’s good to see one of the industry giants admitting to the risks posed by security theatre and changing its best-practice recommendations for password management.

The Steep Drop in Britain’s Coal Usage

The Steep Drop in Britain’s Coal Usage:

In Britain, the birthplace of the industrial revolution, no coal has been used to produce power for the last 11 days.

Coal is on the decline. This is market forces at work, not simply ideology.

Keyboard Maestro Field Guide

Keyboard Maestro Field Guide | MacSparky Field Guides:

With Keyboard Maestro, you can automate just about anything. In addition to teaching you all of the mechanics of Keyboard Maestro, this course includes a number of walkthroughs of automation workflows you can use, download, or alter to automate your own Mac.

Keyboard Maestro is one of the Mac apps, alongside other automation tools Hazel and Textexpander, that ensure I get 40 hours of work done each week with about 30 hours of effort.

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