redwood

One possibility is that we're one of the first... this means the bubble of reachable solar systems since the universe became able to handle life is limited from each origin point but that as time goes on it changes

I'm surprised Meta hasn't already acquired them

While building Fabs takes time you can only imagine that the amount of capital flooding in means there will be an explosion in infrastructure supply over the next decade and eventually prices will crater

Is this representative of how many Europeans think about technology startups? If so it's very revealing. You have to be willing to take lot's of bets tobhave any chance that some of them will take off and transform your job market, your economy, or how you live. If you only do things that are sure things guess what... stasis.

If you have a culture that denigrates failure rather than one that celebrates proactively trying to learn from it as this postmortem aims for then you're just going to be stuck

Everything in the study makes perfect sense. However one thing that's not discussed is change in culture and expectations. For example the United States is probably the only country where there's a general expectation that grandparents parents and adult children all live in separate homes... and most other countries multi-generation living is the norm. And perhaps some of those norms are starting to float into the United states. On the other hand no doubt the fact that people are not able to live to the traditional American norm is contributing to malaise. Still it feels a little simplistic to characterize everyone's goal is having their own home.

Maybe a way to handle this better would be to look at the size of the home because if a home can easily fit multiple generations it feels like a very different situation. Also it's somewhat arbitrary who happens to be the owner on the deed not to mention key questions like whether or not the home is truly owned outright versus largely in debt to a mortgage

Indeed how do we break free from the tyranny of group think?

Absolutely anyone can get called if thr bank deems there's a payment risk

Amazing if inflation adjusted as the chart claims and if the other article is true... it suggests that GDP growth has eclipsed inflation. EDIT that GDP Road is reported was inflation baked in other words 0% GDP growth would include inflation so as long as the GDP is growing this phenomenon exists

That's fine. Kind of proves the point of the article tho, that the overwhelming mass room of everything is a scary place to be ourselves since what dominates in that room are base negative concepts that win precisely because base negatives are ubiquitous unlike niche community or personal positives. Anyway it resonated with me and makes me hold on to my pseudo anonymity

Re identity, relevant post from today in case you missed it https://news.ycombinator.com/item?id=48907290

Crazy that 7 hours after this post there's no one from the Cursor team saying anything here. This is HN, your highest leverage audience, Anysphere... no one is home?

I've seen other reports that suggest the level of investment for eclipses the internet buid out in 2000 and the railroad boom more than a century earlier. I wonder if they use different ways of landing on these wildly different assessments

The way I look at it our economy has already decoupled from its physical inputs. That's what cyberspace and a Services based economy really enables. It's kind of cool. That's why I find the focus on climate impacts of data centers to be backwards since they're actually enabling the economy to grow without it being centered on physical input

This is one of the primary impediments to New York's tech ecosystem

Cool thanks. I meant here and just generally dropped the comment as advice in case you might slip into talking that way as if all of your target market are already familiar with this other Niche thing. When there's so many people out there who never heard of either anf might be open to suggestions

I would expect the earnings and or growth of those companies to go up at the very least. Whether that translates to higher valuation for ownership shares in those companies is probably more a question of whether there's anything else more appealing out there to invest in. What's your take? What's more appealing?

As someone unfamiliar with Kagi I encourage you not to describe yourself as a Kagi alternative but instead start with what you are doing first and foremost

Of course the deeper points can be made that relatively few folks were actually using Bun. After all Bun was itself a faster horse compared to the dominant runtimes it was aiming too replace. Ironic, the way this whole meta conversation is playing out.

Many people feel they live on through their children. Or through the people they've influenced. It's all a question of how you think about things

Well the fundamental reason boils down to the idea that these companies that you're investing in employ a bunch of sophisticated professionals who wake up everyday aiming to grow the success of their businesses. In other words you're really investing in their potential. Compare that to for example something that's purely speculative like gold.. a useless piece of metal that just sits there. Buffett has really helped me see this difference

Right now it seems like space, defense, robotics, and in the fullness of time quantum computing are very clearly positioned as the next big things. Let alone bio and healthcare stuff which is always humming along especially after ozempic shakes things up

Well the question is what's a more appealing place to put your money? Because in the absence of one the stock market by default is viewed as an appealing place which drives up demand for it. You might say well folks should just spend their money and enjoy it instead of putting it in the market but that's a whole different strategy. You might say folks should buy real estate well that's a whole different strategy. You might say folks should sit on cash and bonds and other low-risk assets well that's another strategy. High interest rates actually make cash or at least bank savings rates more appealing than they were 5 years ago... yet folks are still seeking those double digit returns. Can you blame them? What will trigger the downturn will be folks who've overextended themselves on margin forced to sell in order to liquidate assets

Hilariously written article

That would be great during the winter months

From one hip fly by night set of components to another

I dont understand what your comment is referring to

Very informative but there's some key potentialities left unexplored. For example what if a simpler jet engine could be produced based on a future electric battery powered plane. After all the article emphasizes that China exploited the simplification of a new market in the waning internal combustion engine era

Great article and really sets himself up here as someone very appealing to get a chance to work with!

It is not accurate to say that reinvesting dividends offers tax efficiency. Dividends are generally taxed in year whereas capital gains are only paid when an equity is sold. I think what you're actually referring to is a slightly different phenomenon which is that index ETFs have this handy ability to rebalance funds between stocks in the index in a way that doesn't itself lead to capital gains taxes and this is a definite tax advantage of ETFs.

Anyway I just wanted to call out that Dividends are considered tax inefficient which is why stock buy backs became popular

Two things 1) we dont know if the state might have lost more jobs if these incentives weren't provided 2) the deeper issue is that the auto makers compete with state backed companies in other regions

I'm not saying we need to copy state backed but the climate is desperate