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Comment Re:The SpaceX Valuation is Insane (Score 1) 58

Not just "the future", but the future of AI. If you go by future projected revenue as predicted by SpaceX (which is the only projection that justifies their valuation), they are an AI company with a small space division. An AI market in which they are not at all well-positioned. Buying Cursor may improve that somewhat. Maybe that's the plan - buy every promising AI startup with stock, until they hit gold.

Comment Re:Getting what you wish for (Score 1) 80

Countries that welcome immigrants are able to increase the tax base, and supply critical labor that locals don't want to do, including taking care of the elderly.

But you take in too many, too fast, AND if you allow those that are diametrically opposed to your values and way of life.....YOU LOSE YOUR COUNTRY.

and that's what we're seeing now across EU and trying to combat in the US.

Comment Re:Nothing backs it (Score 1) 110

The value of money is determined by the economy that underpins it. That is why the US is hell-bent on ensuring that the dollar remains the currency for international oil trade. That's also why governments can print a little extra money without triggering inflation, if there is economic growth.

There is an economy underpinning Bitcoin as well, of sorts. But it's tiny.

Comment Re:Silly. (Score 2) 75

We actually had one of those at our school for a while. Endurance was an issue, until EASA lowered the required reserve. Even so it saw little use, and it doesn't have the range to fly the cross country solo. Kinda sad that I never got to fly in it, it looks like fun. Just like electric cars and boats.

Comment Re:Silly. (Score 4, Informative) 75

Range is still a bit of an issue, even if you're just doing touch & go's at your local field. You need 1 hour endurance for the lesson, 15-30 minutes alternate fuel (in case you have to divert), and 15 minutes emergency fuel (normally 45 mins, but EASA issued a waiver for electric aircraft). In practice you want an aircraft with at least 2 hours "trip fuel" (the portion used for the planned flight), so that student pilots can complete the cross-country solo flight they are required to fly. Only now are we starting to see some electric aircraft that have the battery capacity for that.

Then there's the recharging. At the flight school I attended, the airplanes would typically go up 4 times on busy days, sometimes 5. With recharging, that drops to 2-3 flights a day (you're not draining the battery completely on each flight). But if operating costs for electric planes are significantly lower, perhaps having a few extra planes might turn out to be economical... but it does mean you can't pass that savings on to your students.

Comment Re: Ban smartphones in school... (Score 1) 155

The US solved this problem 150 years ago. First with the observation that immigrants acculturate. Second with the acceptance that elements of their culture are going to get melded in to form a new culture. Culture is never static, anyway, it always drifts and morphs. Immigration just changes it a bit faster. But it's good! This ongoing immigrant-driven culture change is what made the US a superpower. Embrace it.

Indeed is USED to work this way....and if so, sure, cool.

The trouble is...it no longer works that way, there is no more 'melting pot'.

For various reasons, one being we've let WAY too many in at once....they do not come here to become Americans and assimilate, they are here to take over and make a Mini-whatever country they came from .

They segregate, they do NOT learn the language and in Muslim cases, they try to change our laws to fit their religion.

In the old days, you didn't see protests with migrants waving flags of their home land, but instead were waving the US flag....

So, no that old way isn't working....and if we don't stop the influx....we risk losing our country even more than we risk losing it right now.

Comment Re:Probably not as useful. (Score 1) 103

Doing that in the Commonwealth of Virginia is just going to get you a bigger fine. Radar detectors are illegal (or at least used to be the last time I drove there).

Glad most of the US doesn't suck like the Commonwealth of Virginia.....where we are free to know when we are being observed and electronically surveyed by the police.

Comment Well... (Score 2) 311

He doesn't have a trillion in dollars in a warehouse like Mcscrooge. It almost all stock in a company that has the most ridiculous over-valuation in history, not actual dollars taken away from other people. I don't mind him having such virtual wealth. What I do mind is the concentration of power and influence that comes with it. And the fact that he can borrow against this fortune, to live large without paying a dime in tax. (To be fair: he did at some point sell stock or pay dividend, and paid the taxes due to the tune of $10 billion)

Comment Re: That's right! (Score 1) 101

Governments are supposed to correct market failures. When a technology has a trajectory to be an eventual winner but faces short-term obstacles that the market isn't handling, that's an appropriate time for government to step in.

/me thumbs through his copy of the US Constitution looking for this amongst the limited, enumerated responsibilities of the Federal Govt.....

I need to get my readers, I'm just NOT seeing it....

Comment Re:The problem is arseholes. (Score 1) 103

If 30 seems safe to him, who should argue?

Then he needs to get the fuck OFF the highway and drive regular roads with lower speed limits....until he can earn his "big boy pants" and learn to drive at highway speeds with the adults.

If you can't hack it, then you don't belong there impeding other people with the proper driving skills.

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