Comment Re:What's the point if you can't actually change i (Score 1) 41
You know that you are the "Slashdot algorithm," right?
You know that you are the "Slashdot algorithm," right?
That is how capitalism works. Competition is a key concept. The big PC game stores have games at all kinds of prices including lots for free. They regularly give away fairly recent big studio games for free. Having to produce physical media is a barrier to competition. Sony is also a barrier to competition, so no guarantees, but it's certainly not because "that's not how capitalism works."
The reason why inflation doesn't reverse itself is because 1) we go to great lengths to avoid deflation and 2) *salaries* are very sticky.
Sure, some people who bought high and sold low lost some money. It wasn't anywhere near $443 billion though. Oracle has almost 3 billion shares, only half of which are even publicly traded. Ellison himself owns about 40%.
We can hope, but probably not in the immediate future.
Jetson is Nvidia's version of a Raspberry Pi.
What "class of hardware" do you think it is?
It's interesting that none of the Constitutional crises Trump has perpetrated have resulted in the use of emergency powers
I'm not sure which ones you mean, but certainly some of them have. Bypassing the Posse Comitatus Act using the Insurrection Act, for example, and each of the times the national guard was federalized. The most famous one, January 6, specifically involved strategically not deploying emergency powers when they were meant to be used though.
and have enough disposable income
There you go.
What's your company's policy on expensing rental cars for travel? Do they cover the Porsche?
Tomahawks have had visual terrain following for forty years. They even had strobe lights so they could see the ground at night. They had a whole bunch of clever software and a bunch of mainframe preprocessing to make up for the lack of processing power, and have improved their capabilities over the years as computers got better.
Now you can pop in a $200 mass produced board that's orders of magnitude better, feed it some aerial photos over USB C and say sic 'em. Of course both the Russians and Ukrainians are doing it.
There's an easy fix for that. If someone distributes a free app and that app receives more than a certain (high) number of downloads per month, then charge them a fair fee for hosting the download, where that fee reflects the actual costs of hosting that app plus a small markup for Apple to get some profit.
This is defensible because Apple is recovering actual costs here. Not just piggybacking on someone's subscription service.
False. It is still indefensible, because it is a problem of Apple's own creation. If Apple wants to charge for it, that's fine, but only if they also allow their devices to download apps from somewhere other than Apple.
For in-app purchases of content, it already works that way, of course, but I'm assuming this isn't what is being discussed here, because it would be particularly heinous of Apple to want to charge up to a 15% tax on content that it had no involvement either in payment for or distribution of.
If these drones are a security risk
They're not, any more than Canada is a drug den or Europe is a mecca for slave labour. The US president is not allowed to levy taxes; that's a power given to the US congress by the US constitution. However, in the case of an emergency the executive can give itself more power. Emergencies like national security risks.
Most countries have that kind of emergency mechanism. They're usually used very rarely and for limited durations in times of war or terrorist attacks, stuff like that. The US has had 90 emergencies since 1976, of which 51 are currently active. Actually, probably a few more than that... it's hard to keep up.
Here's the list:
https://en.wikipedia.org/wiki/...
It's a replacement for current turboprops, on their shorter routes. This is a picture of this plane:
https://www.heartaerospace.com...
This is the De Havilland Dash 8:
https://en.wikipedia.org/wiki/...
And the ATR 42:
https://en.wikipedia.org/wiki/...
Note some similarities?
You're need to get to work, get groceries, maybe go for an occasional Sunday drive. Do you buy a Porsche or a Honda?
SpaceX is. Grok/Twitter/xAI isn't. And SpaceX themselves advise that most of the growth potential, and thus most of the future value, is in the latter, not the former.
Software. Software companies often get P/E ratios of around 30 because they spend lots of money developing a product but after that they usually have very high profit margins and their incremental cost is pretty close to zero. That's why everyone, from Tesla to Uber, wants to be a "software company."
They're not though, and neither is Anthropic. They're a service provider whose ongoing costs are very high and there's no real reason to think they're going to be coming down much in the near future. Their incremental costs are also very high, having to pay for all the processing time. They're more like Tesla who has to actually build cars not just provide a download link. Except even Tesla doesn't have to spend billions every quarter to come out with a new product to keep up with their neck and neck competitors.
The other problem is that while its revenue is high, its expenses are higher. The more it earns, the more it loses.
Thats not a trillion dollar company, thats an economy crashing Chapter 7 bankruptcy.
Sounds like they're going for the Amazon model — sell at a loss for years until the competition withers, then stop selling at a loss.
"The Computer made me do it."