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Reece Gates

Reece Gates

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  • Reece Gates
    Reece Gatescommented on this story

    There is a lot of innovation taking place in the block chain world when it comes to digital ID. Since there can only be one digital ID in existence on a block chain network, it's supposed to solve the issue of identity theft. The state of IL is working on putting all birth certificates on the block chain, I believe Switzerland has issued Passports with chips that connect to the block chain, with all of that said, it seems this project is already obselete, DOA, inferior to what's coming next.

  • Reece Gates
    Reece Gatescommented on this story

    Come on guys, this is insane, they literally Will be able to stop a publisher from whistle blowing on a crooked politician. They are going to allow an independent entity separate from the government to determine what hate speech is, and then have the legal power to shut you up because they maybe didn't like what you said? They will be able to call anything hate speech, how do you build a frame work around that.

  • Reece Gates
    Reece Gatescommented on this story

    Do you really believe that increasing their income by 50k or 100k a year will make them all of a sudden turn down 100's of thousands or millions in side gigs? I think maybe the Gov should build community housing projects for the Congress people to live in while they are in D. C, kind of like what they do in GHETTOS, and the Tax payers can pick up the tab on these cheap community housing projects. Problem solved.

  • Reece Gates
    Reece Gatescommented on this story

    Most think about being watched and what big brother is tracking. I think about the contrary. People tend to have patterns, some get up every morning, make coffee, take a shower and walk thier dog at 6am down the same road daily passing who knows how many cameras. Imagine a future when facial recognition is standard in everyday cameras, even a cell phone and one day you don't walk your dog at 6am like you have been doing for the last 6 years and you become a suspect because you broke your routine

    Most think about being watched and what big brother is tracking. I think about the contrary. People tend to have patterns, some get up every morning, make coffee, take a shower and walk thier dog at 6am down the same road daily passing who knows how many cameras. Imagine a future when facial recognition is standard in everyday cameras, even a cell phone and one day you don't walk your dog at 6am like you have been doing for the last 6 years and you become a suspect because you broke your routine. Authorities will say it's for your safety, but you simply were sick that day, you are investigated and don't know it because your life is nothing more than a digital foot print and your neighbors kid came up missing yesterday. But luckily since all of our devices have cameras the authorities were able to see that you were actually in your home sick that day and they heard you coughing via Alexa. whew!

  • Reece Gates
    Reece Gatescommented on this story

    There is a theory or idea floating around that I read not to long ago where the future work force will be nearly completly automated and the profits for corporations would increase grossly from efficiency and no labor costs. This would put them in a position to where they have to pay the government a tax that will cover the welfare of all people. At this point the people can focus on the Arts, and living a life closer to star trek where their is no currency or economy. I have a feeling this will

    There is a theory or idea floating around that I read not to long ago where the future work force will be nearly completly automated and the profits for corporations would increase grossly from efficiency and no labor costs. This would put them in a position to where they have to pay the government a tax that will cover the welfare of all people. At this point the people can focus on the Arts, and living a life closer to star trek where their is no currency or economy. I have a feeling this will not turn out so good but it's OK to Dream once in a while.

  • Reece Gates
    Reece Gatescommented on this story

    What Facebook is doing is totally wrong. However, they did mention that "Other Cultures" are particularly sensitive to this type of advertising. With that said I wonder if this is less of an American issue and more of a global issue. And would the solution be to localize those ads to North America, or would it be better to simply abide by our own standards and ignore how other cultures feel about it. Is it Illegal to display ads of this sort in a country like Saudi Arabia? There is a lot of missing

    What Facebook is doing is totally wrong. However, they did mention that "Other Cultures" are particularly sensitive to this type of advertising. With that said I wonder if this is less of an American issue and more of a global issue. And would the solution be to localize those ads to North America, or would it be better to simply abide by our own standards and ignore how other cultures feel about it. Is it Illegal to display ads of this sort in a country like Saudi Arabia? There is a lot of missing information here, I don't think this is a simple as it appears on the surface.

  • Reece Gates
    Reece Gatescommented on this story

    A million dollars in San Francisco is not a lot of money, I wouldn't even consider that wealthy. It's Middle class there. I believe low income in San Francisco is around 120k a year in Salary. The goods and services have adjusted to account for the surplus of cash. According to that article, Uber has not turned a profit yet. Also when stock options are given to employees their is a freeze period on selling your options to keep all of the employees from dumping them in the open market on day 1 of

    A million dollars in San Francisco is not a lot of money, I wouldn't even consider that wealthy. It's Middle class there. I believe low income in San Francisco is around 120k a year in Salary. The goods and services have adjusted to account for the surplus of cash. According to that article, Uber has not turned a profit yet. Also when stock options are given to employees their is a freeze period on selling your options to keep all of the employees from dumping them in the open market on day 1 of trading and that hold can be as long as 18 months to two years. Usually you get screwed because the stock drops dramatically in that time period especially if you are not turning profit. This Wil be interesting to watch.

  • Reece Gates
    Reece Gatescommented on this story

    AT&T was split up into several companies, then they bought them all up and were even bigger when Humpty put all the pieces together again.

  • Reece Gates
    Reece Gatescommented on this story

    Facebook has to support the costs of 100 thousand Servers. I think people have come to a point to where they feel Facebook is an entitlement. Like a utlitity service. I became very uncomfortable with Facebook in 2015 and simply shut my account down, it's very easy to solve any privacy concerns with Facebook.

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