Seems to me certain goods, such as food and living costs have been inflating rather rapidly, but others such as technology and services have not. I have also seen certain geographic markets more affected by this than others. Mind sharing your reasoning behind a flat no?
Because the numbers don't tell that story. There are plenty of numbers online you can look at from the commerce dept bureau of statistics, and if you don' trust them there are various third parties with axes to grind (on both sides) who can give you other numbers. Having lived through high inflation (though thankfully never hyperinflation, which is insane) I can tell you it's really no fun and very obvious.
Clearly there is geographical variation! But low inflation is considered a trap by many mainstream economists (I disagree but appreciate their reasoning).
Just look at the number of hours of typical labor required to buy many goods (TVs, meals, etc) and compare it to your parents' time and you can see the low inflation in action.
Perhaps you add more data to your profile. These AI algorithms are only as good as you train them. Like things you like, unlike things you don't like, add demographic and interests. It will get better with use.
Basically average crowd > individuals. 160 people guess # of jelly beans in a jar. Few are close, but averaging all the guesses leads to 4 away from actual.
Would be fascinating if applied to this as well...
It's ignorant to assume any targets revealed by this program wouldn't be given a human intelligence analyst to verify accuracy before risking millions of dollars on a predator strike and the potential risk it was bad information. Enough said.
Second, you forgot to factor in the costs of bad management (half kidding).
- We are an ISP, lets rebuild every major app in existence, put our name on it, and deploy it as bloatware.
- We are an ISP, lets acquire a bunch of content and IP so we can provide unique content to our customers.
- We are an ISP, lets acquire company x that has nothing to do with our core services and infrastructure.
Bottom line:
ISPs love wasting effort, resources, and time on products and services their customers don't want, and continue neglecting their core services that customers do want improvement on.
Too true. Every time I've had a guy out to install service I've given them one laptop to get connected to the service. When they're done, I hook up my router and put the laptop back in the cupboard. I've been using the same Core Duo Acer laptop for this purpose for years.
Comcast, when I was a Cable TV subscriber offered Video On Demand. With it I could watch about 5 episodes of up to 10 different television series complete with commercials for free. Or I could elect to be able to watch a movie within 24-hours of purchasing for $4.00 or more.
They basically did half of what their internet based competition did for a higher price with more limited viewing options and a $10/mo fee for the box required to use it. So I plucked down $35 a piece for a few low-end Rokus, purchased a Netflix subscription, used my existing Amazon Prime and eliminated my cable TV service all together.
If there was competition in local broadband it makes you wonder if these companies would all go belly up when you look at how terribly their products stand up in markets where there is competition.
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