baron816

> Obviously teaching drillers to be astronauts is the better movie though

Astronauts, drillers, AI researchers, drug developers...Ben Affleck and Bruce Willis can do it all!

I think you’re right and I think the leaders of the AI labs know they’re never going to have profits. Money will become meaningless before then. But they need money now to actually make the future where money is meaningless. So I think they’re deceiving everyone to get capital. I don’t think that’s a bad thing though so I haven’t been trying to push this message.

It's a really tough, unsolved economic problem.

Just having government run it doesn't solve all the issues, and often adds in opportunities for corruption.

Utilities have to balance investment in infrastructure. We have good reason to move away from carbon heavy sources of electricity, but investing in those new sources and the transmission capacity doesn't just happen for free.

We also need to consider delivering electricity to rural areas, which is usually quite expensive. San Francisco is considering taking over the local utility from PG&E. That might save money for local ratepayers, but would almost certainly make things more expensive for other people in the state who were effectively being subsidized by SF.

Figuring out how to do these things efficiently and balancing multiple goals is not something governments have a great track record of. I think there's a lot of opportunity to construct better market structures to incentivize investment and competition AND keep rates low.

The smart thing to do would be to raise taxes (not just on the wealthy) and cut entitlements. Reducing the deficit would indeed slow down inflation, give the Fed room to cut interest rates, and boost business investment. The economy would be in a much healthier place.

Yeah sorry, it’s a typo

Really doubt that demo was on a 10k kg car. It was probably stripped down to practically a shell for that trick.

There is an incentive: if people know your platform is riddled with scammers, they’re not going to use it. There are hundreds of dating apps out there that people just don’t use because they’re not trustworthy.

I would 100% buy one of these if it were $200 or maybe even $250. $300 is outrageous.

I think governments should work on making their citizens more dateable.

Schools should try to teach kids better social skills as well as how to cultivate a healthy romantic relationship. You might say society and culture should be the ones doing this, and you’d be right, but they’ve failed at that.

Kids need to know how to make introductions (not just introduce themselves but introduce other people), how to show someone you’re interested in them, how to engage in small talk with a stranger and escalate it to deeper and more meaningful conversation, and even when and how to kiss someone. There used to be schools for elites to teach some of these things. It’s time to bring them back but for everyone.

There are countries where the entire government is the pocket of the largest corporations. The US is not one of those countries. It can get much worse if you allow it.

As they say, if you owe a million dollars to the bank, the bank owns you. But if you owe a billion dollars to the bank, you own the bank.

When an institution becomes financially dependent on something for its revenues, that something gains a lot of power over the institution.

That’s still providing an implicit subsidy to listed corporations

I think what we’ve found with the current administration is that people will use every last surface for corruption and power that they can. The more you opportunities you give the government to be corrupt, the more corrupt they’re going to be.

Summary of why sovereign wealth funds are generally a bad idea: the governments don’t like to do things that could potentially harm their investments. If a government has large stakes in cigarette companies, they’re going to be resistant to regulate them.

There’s also plenty of opportunity for corruption. But even with safeguards, there’s going to be opportunities to steer investment towards favored companies and industries and away from those that oppose the administration or otherwise do things the administration doesn’t like (think of efforts to divest from Israel or fossil fuel companies).

“Just invest in the S&P”. Something like this would give substantial power to the index makers. But it also gives preference to already huge companies. Small, unlisted companies would be indirectly penalized by having to compete against companies with government funding.

Just wear a light colored linen suit without a tie. You’ll look great