Technical moats are mostly over at this point. If you’re building something that is meant to be durable, the only moats now are:
• Proprietary data
• Network effects
• A physical component
On average, Boomers are getting paid more from Social Security than they “paid into it.” A lot more. Like double, and that’s counting inflation and interest. In raw dollars, they’ll get four to seven times what they paid in. So what about this compromise, to at least stave off insolvency and save billions: you get back what you paid in, but no more. Young families won’t be forced to finance a 250 percent return on your “investment.” That seems extremely reasonable, doesn’t it? It doesn’t go nearly as far as I would like. But it’s a very fair compromise. It completely negates any claim that you didn’t get the money back that you “paid in.” And yet I suspect that this comprise will not be satisfactory. Why is that? Because this debate actually has nothing to do with “getting back what you paid in.” The REAL demand is for a lot more than that.
@CoopCrypto7135@MattWalshBlog You know most people wouldn’t have saved at all for retirement or if they did it would’ve mostly sat in rolling 3 year CDs or money market accounts.
This might be more important than another 1000bhp EV
Volkswagen Mission Efficiency:
0.158 Cd
6.89kWh/100km
54.9kWh battery
1278km road trip
One charging stop
164km remaining
Above 80km/h, it uses 30% less energy than an ID. Polo
Efficiency is performance too
@VWGroup
I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.
@ScubaKim13 Not the thing that stands out the most in the research brief. Most common demographic has young + never married. Most common reason was cost of living. I’d imagine this is true of all New England states.
You can’t get more Asheville than a random guy standing on a street corner on a Saturday afternoon holding a “Scott Bessent — Yield Curve Control Will Never Work You Gay Pedo” sign.
@chestermtam Prop 2 1/2 is financially irresponsible. Even if home prices rise 20%, taxes are capped at a 2.5% increase. This has encouraged nothing but NIMBY behavior and have led so many municipalities to be comfortable with mismanagement.