@alt_w_v_g Hi Ethan I think you’re oversimplifying and it depends. Your math assumes costs are fully variable. If some costs are fixed, CFO #2 comes out ahead. In an all fixed costs world:
CFO 1: revenue = $9.6m -$8m cost = $1.6m EBITDA
CFO 2: revenue = $12m - $8m cost = $4m EBITDA
.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense.
SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world.
Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere.
SpaceX will materially bring down the cost of compute, advancing AI and humanity.
Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help.
The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist.
Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives.
Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation.
Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears.
Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction.
We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.
US fertility reached 1.57 last year, the lowest ever recorded, and the WSJ explanation is "uncertainty about finances, relationship stability, and the political climate"
my great grandma had eleven children during the second world war, in a country being bombed, in a house with no running water, on rations.
poor people have always had kids. the poorest people on earth right now still have kids and the financial excuse is a story we tell ourselves because it makes us feel good and the real one is unbearable
the real mechanism is that we got rich enough to redefine children as an expense instead of the point. somewhere in the last fifty years the cultural goal inverted and a child stopped being what life is for and became a line item competing with the lifestyle. once you frame it that way the math never works, because the math isnt supposed to work. that's the point
we are living in the richest moment in human history and we decided to use the surplus to buy ourselves out of the future. the most prosperous civilization that has ever existed is committing demographic suicide at the altar of personal optimization and comfort, and the official line is that we cant afford it
the birthrate is a lagging indicator of a civilization that forgot why it was alive
@signulll Weekly meal planning/groceries. I tell it ingredients we have on hand and it creates a menu that respects our schedule, restrictions, and preferences. I get a shopping list and printout for the fridge. After a few iterations it’s gotten to be super useful!
@_kaitodev@garrytan@karpathy When we say ‘exposure’ it assumes downside risk. But if latent demand is unmet because supply is too expensive, doesn't that mean ‘exposure’ to productivity expands the market? In effect medical transcription jobs disappear but SWE gets a huge boost
@omarsar0 It's the ‘arms’ to do things, proactivity, plus better learning. Order your groceries for you, manage your calendar, morning and evening briefing on your iPhone, etc. If something is off just say so. Memory is better, so there's concept of a session, it's just always ready
@EddieBarstool Amen. Pizza reviews are missing the point. Might as well be looking for pucks on a baseball diamond. SF is a sandwich town. Hit Lucindas, Sandys, Sub Center, even Palm City WINE SHOP has 🔥sandos
@hwchase17@TheEthanDing I'm skeptical text to sql will work in a meaningful settings- I don't care how good the llm is it won't know how to join tables or build complex metrics without extra context layers
@hnshah Great piece. Organization-scale learned helplessness is certainly one cause. I'm curious how you see credibility intersecting at the more micro level. If the insight’s source doesn't have a track record, findings come across as undifferentiated conjecture, hard to validate