@LukeGromen Boomers selling their $70T in savings to finance their healthcare/hospice is exactly why they saved. It’s an entirely reasonable way out of this and would contribute to GDP.
Tom Bombadil is the most mysterious character in The Lord of the Rings.
He's the oldest being in Middle-earth and completely immune to the Ring's power — but why?
Bombadil is the key to the underlying ethics of the entire story, and to resisting evil yourself...
Tom Bombadil is an enigmatic, merry hermit of the countryside, known as "oldest and fatherless" by the Elves. He is truly ancient, and claims he was "here before the river and the trees." He's so confounding that Peter Jackson left him out of the films entirely.
This is understandable, since he's unimportant to the development of the plot. Tolkien, however, saw fit to include him anyway, because Tom reveals a lot about the underlying ethics of Middle-earth, and how to shield yourself from evil.
The hobbits meet Bombadil early on in their quest, before they reach Bree and the Prancing Pony Inn. He rescues Merry and Pippin from Old Man Willow, and invites the hobbits to stay at his house in the Old Forest.
There, the hobbits realize something strange about him: the Ring has no power over Bombadil whatsoever.
When he wears it, he remains visible. He treats it as a plaything, making it disappear with a magic trick. Indeed, at the Council of Elrond, Gandalf rejects the idea of giving the Ring to Tom, for he would likely misplace it or forget about it entirely.
So just who is he, exactly?
When Frodo asks this very question to Tom's wife Goldberry, she simply responds "He is." It's a cryptic answer that echoes God's famous answer to Moses in the Book of Exodus: "I am who I am."
Thus, many theorize that Bombadil is God, some kind of angelic being, or even the spirit of the Music of the Ainur (due to the fact that he is constantly singing). But Tolkien's letters reveal something considerably more interesting…
In April 1954, Tolkien wrote:
"The story is cast in terms of a good side, and a bad side, beauty against ruthless ugliness, tyranny against kingship… but both sides in some degree, conservative or destructive, want a measure of control.But if you have, as it were, taken a 'vow of poverty', renounced control, and take your delight in things for themselves without reference to yourself… then the questions of the rights and wrongs of power and control might become utterly meaningless to you, and the means of power quite valueless…"
So, Bombadil is a representation of what it means to take pure delight in the world around you — to experience people and things simply as they are, without any thought for what they could be or how you could use them. And this is why the Ring has no power over him.
To Bombadil, the One Ring is simply a ring, and the possibilities of what can be achieved through its power are of no importance. He is able to resist its evil precisely because he is entirely content with the world around him.
At the end of the story, having accomplished what he set out to do in Middle-earth, Gandalf pays Tom a visit before returning to the Undying Lands:
"I am going to have a long talk with Bombadil: such a talk as I have not had in all my time."
If Bombadil is the epitome of simply enjoying life and being, Gandalf is the epitome of doing. He guides the hobbits, fights the Balrog, and runs up and down Middle-earth to help destroy the One Ring.
But now that he's finally liberated from doing, he immediately heads to Bombadil's. He does so with a sense of relief, as if he's at last able to access a purer and higher mode of being — a sort of innocence that cannot be fully experienced by those consumed by doing.
Of course, by this Tolkien doesn't disparage the value of action. The entirety of LOTR displays the importance of rising up against evil, even in the face of all odds. But with the inclusion of Bombadil, he does remind readers that fighting isn't all there is.
Bombadil reminds us that while it's important to strive and *do*, it is just as important to occasionally step back and *be*. Indeed, your ability to do so plays a crucial role in helping you resist the allure of evil…
Read the full piece here:
https://t.co/aqK2daehIL
The unsung hero of The Lord of the Rings...
I was a technical co-founder at three startups.
Went through YC, raised millions, one company exited for 9 figures, yada yada...
Fable 5 is an entire product team in a box.
CTO, VP of engineering, product manager, senior dev, UX expert, UI designer, even sales/marketing...
It does it all.
And at a much higher level than most humans.
Around the clock, multiple threads running simultaneously.
I see people saying that token-based billing is a sign the AI bubble is nearing a peak.
I don't see an AI bubble.
I see a salaried employee bubble.
After using Fable 5 I can confidently say:
I'd much rather spend $200K on tokens for Fable 5 than hire a single human that does one of those roles
(and only on weekdays when they're feeling focused, motivated, etc.)
If token billing means choosing between cutting AI usage vs. cutting employees...
Every CFO knows which line item goes first.
But this tool only produces value in the right hands.
The wrong employee will run up a token bill with nothing to show for it.
The right employee will turn tokens into bottom-line improvements.
If you're an employee, focus on proving you know how to turn tokens into value for your company.
OR relationship-max harder than ever.
If you're an entrepreneur, you have an entire expert product, marketing, and sales team at your fingertips for a fraction of the cost of the human equivalent.
Use it to help other people at scale and you will win big.
As an investor... this keeps me very bullish on AI.
If you have capital to allocate, you want to put it into an industry seeing exponential growth.
And you want to take advantage of all the moments that people lose sight of the big picture.
This genie's not going back in the bottle.
In fact, it only just escaped.
BREAKING: Eric Romo (@_Eric_Romo), President & COO of Impulse Space (@GoToImpulse) says:
"The idea that launch prices are going to fall significantly in the next 5 years is nonsense."
"I think there are an awful lot of business models that are predicated on “when Starship allows me to launch for $200 a kilogram…” I think they’re all broken, & all those companies are going to fail."
"I think we’ve seen this play out already with Falcon 9 & the pricing around it, where the costs of Falcon 9 allowed SpaceX to deliver the Starlink constellation at a cost per CapEx that made them profitable.
But they set the price in the market at something that just barely made it an okay investment to think about OneWeb or Kuiper or anything like that. So they ran that playbook exactly on Falcon 9, & they had their gross margins on Falcon 9—people think we’ll see when the S1 comes out—are like 50% plus. So they could have dropped the price, & they didn’t.
They’re going to do the same thing on Starship, because why wouldn’t they? Their internal costs on Starship are going to be whatever they need to be to deploy Starlink & orbital data centers, but they’re going to set the price so that anybody trying to do comms, anybody trying to do orbital data centers—the price is going to be too high.
So if you’re a third party relying on them for a lower price of access to space, I think you’re hosed."
00:20 Hot Take Launch Prices
01:41 SpaceX Market Power
02:23 Impulse Space Overview
02:54 Mira For GEO Defense
03:45 Helios Direct To GEO
05:19 Caravan Rideshare To GEO
06:42 Space Economy Reality Check
08:46 Tom Mueller Legends
10:54 SpaceX IPO
13:42 Investor Frenzy & Broomstick
14:05 Alien Eyeballs Outro
@elonmusk
Recorded at @NYSE x @payloadspace Space Summit
@TuckerCarlson the only way war makes sense anymore for Americans…is if we get to move our citizens into their country and have property rights upheld by the US govt.
Witnessing American history & Badassery!!! The Artemis II launch at Cape Canaveral, Florida. The most powerful man rocket in history. Sending four brave astronauts further than any human has ever been from planet Earth. Absolutely spectacular. Well done NASA & @rookisaacman🇺🇸🇺🇸🇺🇸