bb2018
Joined 8 years ago
Joined 8 years ago
This seems like a very under-researched statement. Bezos and Musk clearly see huge profits to be made flying satellites for use on earth. Space is sexy - and that's why its used as the marketing gimmick by these companies. For an article so critical of them its odd they took the promotional material of these companies at face value.
It rarely causes serious health consequences but for the people it does (I've known younger people sent hospital with it) are there long term consequences on the same order of magnitude? It doesn't seem like the data really exists for this.
For instance, is someone with Covid (who was on the verge of needing oxygen) more likely to have long term symptoms than someone the same age who got the flu/pneumonia (and was also on the verge of needing oxygen).
In other words - is there something unique about Covid? Or is that any disease that sets you back has serious long-term consequences, and Covid is just statistically much more likely to do that than the flu, for example.
https://www.cnn.com/videos/tv/2021/06/28/nasa-administrator-...
I honestly am cool with NASA getting lots more money but also seems clear that the beurocrats have realized the best way to secure more funding now is no longer to make a national security argument - but one involving overhyping the evidence of aliens.
The AEI is making the point there is more creative destruction than people think - which is fair.
But Mobil is counted as if it isn't in the top 500 companies now because it merged. But it wasn't just gobbled up - if it was independent it would clearly be top 500 still. If you were a shareholder in 1955 you'd be pleased.
Warren says he understands how much Microsoft is getting off of royalties for Windows but is unsure about his confidence in a 20 year bet compared to a company like Coke which sells Cola.
Warren turned out to be very wrong in investing in Coke over MSFT. However, his reasoning wasn't awful. The entire e-mail pleading the case to him is about how great of a business selling the OS is. However, if Microsoft had stuck to that the stock would not be doing so well now. Perhaps he and the person pleading MSFT's case were wrong to view Microsoft's business as operating system related instead of tech and computing more generally. I'd say both were about the same levels of wrong but one had a better outcome.
As others have said I don't think looking at home values in major cities like Boston or Seattle is that interesting. Cities are used to having very rich areas next to poor ones. I grew up in a town of about 20,000 that had close to no housing that wasn't zoned as single family. As a result, the median income was very high, property taxes stayed extremely low as a percentage (since everyone was contributing a lot), and the schools were considered great despite people not having to pay a lot in taxes. The neighboring town had higher taxes (because the median property value was significantly lower) and the schools were known to be bad. I wish there was more state level funding at the time - but there wasn't and don't think there is now.
My understanding is that the virus came from horseshoe bats. These largely live in Southern China. Wuhan is not Southern China. All studies of Corona viruses I can find deal with going to southern China (because that's where horseshoe bats live) to collect samples from horsehoe bats: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6563315/
Do you have a non-paywalled version to the link you provided? It says they looked at bacteria in bats in the abstract but didn't mention anything about which species of bats.
My understanding of Chinese geography is a bit weak - but it is a bit like if a cow disease broke out in Boston near a BS4 lab. There are certainly some cows in Boston a few blocks from the BS4 lab there. Sure - there are cows in Massachusetts - but statistically it would be a bit surprising that a disease in cows would first show up there.
The not-up-to-date person reading this would truly think that the billions of dollars funding this by Musk are like a side project done simply because of his dreams of terraforming Mars. Maybe Musk is serious about that - but if described with starlink you realize its much less of a "billionaire hobby obsession" and more of a "potentially profitable business (with bragging rights too)"