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Cake day: May 14th, 2024

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  • The distribution will also give you a specific dollar value corresponding to that percentile, and then you can use the cost of living statistics to interpret it. If you say that 20% of households earn less than 35 k$ is that 35 big or small? The income distribution alone won’t tell you that. In relation to the rest of the population, it’s small, but what can you actually buy with that? Interpretation requires digging into the cost of living statistics. Once you combine the two, you’ll be able to tell that the lowest 20% are struggling.

    Percentile based classification is good because it is simple and it won’t do the interpreting for you. If you can afford to eat, but you’re not eating meat every week, is that really poverty or not? If you can travel, but you’re not doing that driving a Ferrari or sitting on a private jet, are you really rich at that point? These are the kinds of questions the percentile approach avoids.

    BTW the 2/3 median approach is really weird. The number of people it involves changes every year, but at least it’s tied to a median which actually tells you something. Using the highest income as a benchmark makes even less sense, because that number changes radically every year based on what a few billionaires are doing. It won’t tell you anything about the rest of the population. Using a wild number like that as a basis of any kind is pretty much useless. Besides, the highest income of the population is really far from the rest, because the distribution has an extremely long tail.



  • I would say it’s probably close to zero, depending on what physics actually allows. If FTL travel turns out to be completely impossible, then it’s exactly zero. If some sort of FTL travel is possible, it’s slightly above zero. If you can travel faster than 10^9 c, that’s when distances stop being a huge problem. Before that though, distance ruins my dreams.



  • chaosCruiser@futurology.todaytoAsklemmy@lemmy.ml•Do you believe in aliens?
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    27 days ago

    But the other planets are probably absurdly far away. The space happens to be expanding as well, so that distance is also growing rapidly. If FTL travel isn’t possible, nobody will ever visit those worlds, and they can’t visit us. Just travelling at 1c or even 1000c won’t be much help either. The distances sure truly vast.







  • What I thought mattered at the time: Opinions of other people
    What actually mattered: My own opinions

    People expected me to borrow money, buy a house, get married, travel the world etc. I didn’t actually want to do any of those. Well, eventually I did screw up, got stuck in that situation for years, but now I’m finally free again. Phew. 😌

    If I could send a message back in time to a 20 year old me it would be this:
    You may not be entirely sure about what you do want, but you certainly know what you don’t want. Let the latter guide you. When people expect you to do something you don’t want, don’t do it. Peer pressure in this context is just annoying noise, nothing more. You shouldn’t make life-altering things unless you’re really sure about it. It isn’t enough that everyone else has done it and expects you to follow suit. Contrary to many cultural norms, the people around you don’t actually always know what’s good for you.