A top-level @anduriltech exec shared at dinner tonight that they use little to no automation in their manufacturing facilities because “automation today is incapable of adapting to low-volume and high complexity production lines”
There’s still such a gap between the automation dream and what is technically possible today.
Fun Fact: Basically none of the initial railroad companies made money. They overbuilt, took on way too much debt, and ended up in brutal pricing competition with each other, and nearly all went bankrupt.
NEW
The New York Times has obtained the letter President Trump left for President Biden in the Oval Office in 2021.
The letter — which Trump wrote by hand using his signature black Sharpie — is printed in Biden’s forthcoming presidential memoir.
Full Story: https://t.co/cIwHwWcS0c
@mttgrmm This needed to be said. Founders who have nothing else to live for too often lack the ability to situational awareness to see when something isn’t working and change course - their ego becomes the company.
The first warning came 40 years before Kristallnacht, when Vienna—then, like New York today, a city with a 10% Jewish minority—elected a Jew-obsessed bigot, Karl Lueger, as mayor, something you supported 130 years later. But Lueger’s rise inspired Herzl, so the Mamdanis aren’t the menace Lueger was.
No wonder California housing costs won't go down.
CA voters rejected permitting reform (to build market-rate housing at scale) but passed $11B in subsidies for a few "affordable" units that are 3x more expensive to build—and are a giveaway to politically-connected developers.
Was literally explaining the, "society falls when old men don't plant trees they will never sit under" to my neighbor (boomer)
He said he didn't get it and why would he plant trees if won't be around to see them