The depreciation would be amortized to cover more than one person. I only travel once or twice per week, it cost me less to use an Uber than to own a car.
Good luck with that. There is a generational conflict coming, and in many ways it’s already here. At some point young people are going to be asked to pay more in taxes in order to bail out social security and it’ll radicalize them more than they are already. Given the option of bail out grandma or burn down the whole system don’t be surprised when they chose to burn it down.
I think it’ll look a bit like the collapse of USSR when the state reneges on its obligations and the people have to scramble to find new ways to make ends meet.
Edit; I can’t tell if the parent comment is satire, it’s too early in the morning for me
Sorry sonny, I'm afraid I've rezoned the entire USA to basically ban building the amount of housing needed, and by the way we locked all our houses into long term mortgages at negative real interest rates you'll never see again so we will inflate away your money via the fed to pay for our house.
I'll let you lower social security, but if you want someplace to stay you'll have to pay me a gazillion dollars or perform a $10 million environmental study before you can build it -- for a house I was able to build for $30,000 under the rules of my time.
That doesn't work when the young generation rebels - gen x might side with old people, but they may also see how the system is failing in burn it. Youngers seeing the problem in 2034 will not have reason to continue it.
for that matter zoning reforn is already a thing - so their property map not be worth that much.
of course when predicting the future always use plenty of salt
Ah yeah, you got me, I do get a bit triggered by boomerisms.
As a millennial I could already see the ladder being pulled away and was luckily enough to grab on to the bottom rung. Young people are so ready to burn down the system that they’re just waiting for the opportunity to do so and I don’t blame them. At this point it only seems to be a matter of time. I try to warn boomers that they should be more sympathetic because they’re going to have to ask the young people for a bailout and as bad as it is doing deliveries for minimum wage as a young person it’s infinitely worse doing that as a old person.
There are a few people in charge, they just don’t advertise the fact. Similar how the ‘Never ascribe to malice that which is adequately explained by incompetence’. These both appear correct to the vast majority of people because of the Pareto distribution of outcomes, the vast majority of people experience the incompetence / no-one in charge and don’t experience the relatively tiny number of events when the competent malevolent people in charge do make their decisions. Consider if you were hosting the Jekyll Island meeting, how many people of what caliber would you invite to be there? And that’s just one of the meetings we know about. Another good one is the involvement of Bohemian Grove in selecting Ronald Regan to run for president. Their motto, "Weaving spiders come not here", like many institutions, describes the opposite of what actually happens there.
> Never ascribe to malice that which is adequately explained by incompetence
I feel like this needs updating, sometimes it is greed, other times it also very much is malice, sometimes making those appear as incompetence or just "complex circumstances" is beneficial.
Like how you have a culture war in the US while the rich rob you blind. How you have the "us vs them" politics while checks and balances are dismantled (including accurate reporting on science), alongside social support programs. How around 2020 companies rose prices across the board while claiming supply chain issues, just for those prices to never really come down. Same with the global DRAM manufacturing and the effects across the board on RAM, GPUs and storage - the companies just don't give a shit about consumers, they are choosing this. Also how the housing market is completely unreasonable. Same with US trying to break up EU and increasingly siding with Russia.
Sometimes there's just malice or greed, even when it's not just a small group of shady people in a dark room, but rather entire social groups whose interests and ideologies just happen to align. A lot of people aren't even trying to serve the greater society in the slightest, the prevailing attitude increasingly seems to be "fuck you, I got mine". It doesn't seem entirely new, though, since the whole millennial generation largely got saddled with that economy by those who came before, what's going on is just a bit more open now. Also using US as a good example here, but obviously similar issues are on the rise in Europe as well and elsewhere.
No, that's what I was getting at. Thinking "they" are in charge is actually very widespread, with varying opinions on who "they" actually are—whether it's billionaires for you, the Rothschild's for others, or Reptilians for some.
How great it would be to have a select few evil masterminds, a clear enemy to roil against! That isn't reality, though. Would the super-secret council of puppet masters have allowed Trump to become president of the USA (again) and ruin the economy? You'll have an answer to that, obviously. It matters little. Reality is far more complex, shadow masters prefer stability over chaos, and the world is generally full of competing and opposing interests.
A few rich men might hold a lot of power in their hands, I give you that; but unless you limit "the world" to mean an arbitrary smaller region of earth, nobody is in charge of it all.
You're confusing control with total control. Nobody has total control, even the most powerful and rich entities. This doesn't mean, however, that a lot of the policies we see being enacted by governments have not been discussed and promoted by a small number of people in very high positions of economic and political power. You're trying to disprove this well known and easily attested fact with the straw man of total control.
> Consider if you were hosting the Jekyll Island meeting, how many people of what caliber would you invite to be there? And that’s just one of the meetings we know about. Another good one is the involvement of Bohemian Grove in selecting Ronald Regan to run for president. Their motto, "Weaving spiders come not here", like many institutions, describes the opposite of what actually happens there.
That's some pretty classic conspiracy theory stuff. No evidence of anything nefarious, just heavily implied.
Gaines in efficiency is probably the number one thing that can’t be effectively taxed long term. Perhaps it could be possible to tax a specific process but even then the incentive to create loopholes would be immense, since the process is already porous those who can effectively avoid the tax make more money to invest back into making more loopholes. If we can’t stop such corruption when it is subsidizing less efficient industries that waste much of their surplus on their inherent inefficiencies how could we expect to stop it when it’s subsidizing more efficient industries.
Additionally the improvements in technology enables vertical integration at much lower scales and this means there is left surface area to tax, cheap raw goods go in, cheap refined goods come out. This already scales down to such an extent I DIY many personal projects with CNCs, and by leveraging services like Send-Cut-Send and PCBWay I can build all sorts of stuff that I otherwise would have spend 10x more on. Instead of having to earn more money that is taxed in order to purchase it I can build it as a hobby. Increasing the tax on the pipeline on purchased goods would just increase the proportion of projects that are more economical for me to make. My hobby would make money if I sold the items, but since they’re for personal use this does not get taxed.
Something unusual about the AI revolution is that the increase in productivity does not appear to be mirrored by an increase in consumption. More of what people consume is entirely digital, many people spend their lives scrolling TikTok and they do appear to be satiated. Sure there is a data center boom but I think that’s more of a mania and is going to end up over built.
The computer and internet revolutions are still slowly propagating throughout the world, there are still many technological gains to be made here and I think one of the limiters to adoption is the lack of available tech talent in the long tail. AI is different as it requires far less tech talent to use and additionally makes it easier to take advantage of the computer and internet revolutions. Not only can it propagate without the same limiting factors but it facilitates the propagation of the other revolutions at the same time.
The more you’re willing to pay to opt out of ads the more valuable the ads are. Also the ads are auctioned and in opting out you’re all ways going to be the highest bidder. Additionally how would you know the other bidders were real, it’s a massive information asymmetry that’s open to abuse. And I’m pretty sure they have abused it in the past.
I use substack and patreon and I wish we had micro transactions that’ll enable more of this model for content.
Now much of the same info is recycled via AI, instead of reading blogs / stack overflow etc I just ask AI and so far I can use AI without ads. I do pay for a subscription to Gemini.
A thermoplastic in an engine cowling is insane. It’s crazy that this was being sold the supplier should have known better, as should the buyer. 3D printing can be used to make a fiberglass or carbon fiber mold which is already a lot of the work of making the part.
It would be interesting to know what filament was used, in theory some high temp filament could be suitable but I would be nervous putting those on a car let alone a plane.
The actual report includes the important details, ABS-CF which they thought was safe because they underestimated the glass transition temperature of epoxy fiberglass.
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