Making Stuff is Hard To Do
Steve Yegge has another humorously insightful and long post about how hard it is to do big projects.
He uses two examples. The main topic is about legalization of marijuana, which funny enough is not the first end to prohibition. Actually, this time, with each state trying something different, maybe there’s some healthy competition creating a better outcome than just trying to solve the problem all at once everywhere.
The second example is of a bucketing concept for credit card limits. This would help consumers avoid fees by stopping them from spending in various categories once a limit was reached. Its hard to believe credit card companies in general would want to do this since it would mean giving up an average of $34 per card holder and growing. Nowadays, if a bank really wanted to do such a thing, they could just partner with Mint.com, which is the totally awesome site that has solved (many of) the issues in Steve’s credit card example. I don’t see any banks jumping at the chance to save users from fees.
Steve’s obviously incredibly bright and I enjoyed his article even though I don’t think either of his examples are realistic. Making stuff is hard to do.
Speaking of competition, was anyone aware of the fact that insurance companies are exempt from the anti-trust laws? They’ve been skimming 30% of the healthcare pie and they don’t have to play by the rules. Its a good deal if you can get it I suppose.
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