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AA5B

@ AA5B @lemmy.world

Posts
7
Comments
3067
Joined
3 yr. ago

  • 'The golden years are not golden’: Boomers are hoarding most of America’s wealth and power because they’re terrified of outliving their money

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  • As an X’er not too far behind them:

    On paper I look like one of those hoarders: nice income and a lot of house equity. I also have above average 401k balance

    However

    • excessive home inflation
    • interest rates lock-in
    • medical emergency costs ridiculous
    • kid college costs ridiculous
    • car costs ridiculous
    • divorce lost half of everything
    • retirement age 65–>67
    • ageism means i can’t expect to work as long as I need to
    • boomer parents not going to leave anything

    We’re hit by all the same excessive inflation as everyone else but we can’t downsize because mortgage rates are too high. All the missing safety nets affect us as much as everyone, except we’re out of time to recover from any catastrophe.

    Given a family medical emergency, I missed 15 years of 401k contributions, and never upgraded from A “starter home”, despite what the valuation looks like, and I have a lot of major maintenance coming up

    I have to say that despite a lot of things that look really good on paper, I was much better off financially in my 30’s

  • SpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortune

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  • I wonder the opposite: when the ai bubble pops, will it take spacex with it?

  • S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic

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  • It is a bubble, but ……

    • a bubble is a great place to make huge gains ….. as long as you get out in time
    • usually a few companies survive the bubble pop. Their stock price baby also crashes but then recovers to “normal” valuation

    I sit out bubbles because I recognize them but know I never know how to get out in time. But I do know some who succeed in riding the wave while still coming out the other side

  • Cars are like horses: people will soon realise EVs are just better, claims VW boss

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  • Assuming the phrasing is intentional, I love it. LoL

    But taking it more seriously it has been really tempting. But if get one kid a car I need to get both kids a car to be fair. If each kid has a car I run out of excuses to not let them take it to college. It becomes a whole thing for a whole lot of money

  • Cars are like horses: people will soon realise EVs are just better, claims VW boss

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  • A great use for the new sodium batteries, assuming they pan out as expected and can scale up quickly. While I still think the PHEV strategy is most appropriate for last decade before batteries were sufficiently developed, a cheaper, longer lasting battery can make them more compelling

  • In first, California city overwhelmingly votes to permanently ban datacenters

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  • I think Tennessee took a small step in the right direction: datacenters must pay for electrical system improvements they need. In theory no impact to the existing customers. However o believe they forgot the part about adhering to energy and pollution regulations (in case red states have any). They shouldn’t be allowed to set up coal burners for example.

    Just like anything else, datacenters don’t have to be a bad thing. The bad part is our economic system letting them externalize the costs onto everyone else

  • In first, California city overwhelmingly votes to permanently ban datacenters

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  • Not all datacenters focus on ai. Even before ai, the US had many, many datacenters

  • The US needs drones, not Trump-class battleships, Democrats argue

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  • Exactly! I actually started with sci fy, alien motherships releasing clouds of fighter as my inspiration. Then quickly headed to those weird blimp concepts.

    Not only can modern technology solve the problems but suicide drones can be folded to pack more in and you don’t have to worry about them coming back, unlike manned fighters. Treat them more like ammunition, smart and slow ammunition

  • The US needs drones, not Trump-class battleships, Democrats argue

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  • Very informative, thanks!

    But I wasnt thinking carrier like a ship, but a flying carrier, a mother ship . A drone that can loiter all day above a battlefield, then release dozens of cheap drones when needed could make a real impact. At the same time you could put money into the drone that gets there, recons, loiters, and returns,, while using the advantages of cheap short range suicide drones as your expendable “ammunition”.

    Why not both? A cheap disposable drone will never have much range, loitering, reconnaissance, so needs help getting to the battlefield (unless it’s your own town as in Ukraine). But even an expensive long range drone can only go so far. Think of the logistics hub as the military base only a couple hundred miles from Target, wherever there is an ocean. The loitering drone be battlefield over site and response, then cheap suicide drones as the ammunition

  • Those with a smart watch, which one and how do you use it daily?

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  • Apple Watch 11

    I mostly use it for convenience, so I don’t need to pull my phone out

    • Apple Pay
    • Weather
    • Music controls
    • timers. Lots of timers
    • Reminders/notifications/texts
    • random search questions
    • occasionally phone calls

    In theory I track

    • exercise
    • sleep

    Feature I’m most interested in

    • any health sensor

    I upgraded from an Apple Watch 3 because I could no longer update in place, only reset and reinstall.

    I’ll upgrade again when a compelling health sensor is added. Probably blood pressure

  • K-Pop Boy Kibble

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  • Yeah maybe. I always want to like kimchi but usually don’t. I have no idea what to look for

  • Cars are like horses: people will soon realise EVs are just better, claims VW boss

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  • Which came first, the chicken or the egg? Trick question: You need both.

    It’s not realistic to build the infrastructure first, then transition: no one could afford that. It would be a huge waste and a boondoggle.

    However I do think it was well planned: even the Chinese government would be surprised at our planning….. if we had actually followed through.

    In addition to the decades long transition, there was

    • subsidies for car manufacturers to retool and retrain
    • incentives for EV buyers
    • incentives for home charger installers, from consumer to landlord to business
    • infrastructure money to start building out trip chargers along interstates

    So yes, the infrastructure would have grown with the market, more smoothly than the market alone could have. Yes American companies would have solid business advantages in new technologies. Yes, American car companies would still be relevant at that point

  • K-Pop Boy Kibble

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  • Yeah, I sort of followed some generic online “Korean ground turkey and rice” recipe for the sauce/spice but the sauce all got absorbed. It was flavorful but yeah, I should have doubled the sauce. And adding all the vegetables didn’t help that

  • Do Trans People Have “Stand Your Ground” Rights? Wyoming’s Answer May Be “No.”

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  • I also don’t see anything about continued threats. Sure this seems textbook “stand your ground”, but maybe it’s a better argument for gun control.

    While no one should be threatened or assaulted, was this a potentially deadly encounter, or was it the presence of a firearm escalating an attack into something potentially deadly. Being assaulted doesn’t justify deadly force

  • US firm validates 1.1-GW nuclear fusion plant design to deliver 400 MW electricity

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  • Maybe, but many things are increasingly efficient. Maybe energy need for most things is plateauing and flat id goud enough. You’ll just need fusion for datacenters

  • The US needs drones, not Trump-class battleships, Democrats argue

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  • Instead of those ugly gray ones, imagine beautiful shiny gold

  • The US needs drones, not Trump-class battleships, Democrats argue

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  • I wonder if a drone “carrier” would be a reasonable idea. It would certainly make a good movie.

    Think of a big expensive reusable drone like a Reaper, able to fly in from hundreds of miles away, then loiter all day just out of range. When it sees a target, instead of launching an expensive missile, launch drones to targets. This lets you carry more and cheaper weapons, while also taking advantage of high quality reconnaissance and all day loitering

  • Cars are like horses: people will soon realise EVs are just better, claims VW boss

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  • My company decided it wasn’t worth trying to charge for charging: it’s free! It’s only 30a level 2, but the reality is most people only take half a day and we all move our cars over lunch. Even a fairly slow charger handles two cars in a shift

  • Cars are like horses: people will soon realise EVs are just better, claims VW boss

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  • I’ve never understood the gas station thing. Unless you’re along a highway, why would people stop? Charging does have different characteristics than refueling, so we shouldn’t expect the same behavior to be convenient. As hone charging and destination charging get more widespread, you never need to go to a local gas station again. Some of them may be worried about extinction, and they should be

    Yeah, charging in apartments, HOAs, street parking is much less developed but it is making progress finally. Part of it is up to states to jumpstart, through building codes and incentives

    I wouldn’t be able to … reliably maintain charge right now as a college student

    While i’ve never seen actual data, the colleges I’ve visited were among the first “landlords” to add EV chargers. As a student, getting a campus parking pass is harder than finding charging once you do

    Last year at family weekend for my youngest, I was annoyed at having to stay at a distant hotel, when those along campus had chargers