GDP is a measure of the amount of commerce per year, while global wealth is a net accumulation of all the work that has happened in human history.
Billionaires obviously get a disproportionate amount of income per year, but it’s far from 20% of all the world’s GDP. To make your math work that would assume they got all the wealth in a single year.
They autogenously pressurize the tanks - they heat up the cryogenic propellants with the engines and use some of the gas to pressurize the tanks. In Starship’s case it’s methane and oxygen.
Reputational damage from this is going to be catastrophic. Even if that’s the limit of their liability it’s hard not to see customers leaving en masse.
> The primary take-away seems to be that, since 2015, Republican confidence in higher ed has dropped 36%, and Democrat confidence has dropped 12%.
It’s a little hard to tease out how much of this is due to the demographics of Republicans and Democrats changing. There’s been a significant shift in education level between the two parties recently, and this may have offset some of what would otherwise be broad based decreases.
The broader decrease in faith in higher education is still quite clear signal though.
This is some serious cherry-picking. It's going private at a price below the initial IPO price of $48 from 3 years ago, and has generally significantly underperformed other tech stocks.
They might not be about to die, but they're not exactly healthy either.
> Congestion pricing hits the lowest earning individual the highest.
This is true for anything that you buy. I’m not sure why being able to drive a car into the Manhattan CBD deserves special treatment. It also already has an excellent subway system that millions take daily.
This is absolutely a problem that interacts with scale. With 1M servers you’re almost certainly dealing with hundreds of service owners, and some of those are going to need additional features you don’t have to worry about with 100 servers. Some examples are databases with graceful failover, long running AI model training jobs, or distributed databases like etc where you have to be mindful about how many can be down at a time.
It’s not 10,000x harder to patch that 10,000x more machines, but it’s not 1x either. Easily 10-20x harder, if not more.
Apollo missions were done at incredible expense, and didn’t provide any longevity.
We’ve had humans in orbit on the ISS continuously for decades, sent probes to the edge of the solar system, landed multiple robots on Mars, and revolutionized our understanding of space and physics with space telescopes.
The biggest obstacle to space exploration was a contracting that didn’t bring down costs, and the thing that makes space so exciting now is high cadence low cost launches
If a state or local government wants to forbid tipping it doesn’t have to be this complicated. Pass a law that says it’s forbidden, that credit card merchants and POS merchants must disable tipping functionality, and for cash tips up a hotline & fees for merchants that solicit them.
Tipping is only a thing because we’ve normalized it. If you pass a law against it, it’s no longer normal, and customers will mostly stop giving them, even without highly intrusive enforcement mechanisms.
The real challenge is getting a government to want to forbid it, because people who receive tips care about them a lot while those that don’t, don’t. Until you solve that nothing else matters. Maybe tipping will go so far that the balance shifts.
Google actually describes an entirely plausible mechanism of action here at [1]. old content slows down site crawling, which can cause new content to not be refreshed as often.
Sure, one page doesn’t matter, but thousands will.
According to this article[1] from 2022 at higher concentrations it has a reduced sweetness response and leaves a lingering sweet taste. Supplementing it with real sugar means they don’t need to go to higher concentrations.
According to the flight plan published by SpaceX, the booster is going to attempt a hover in the gulf to simulate a landing, while the Ship isn’t going to slow down at all after reentry and will impact the ocean at a high velocity.
The author is right that treating housing as an investment is a mistake, but doesn't take their analysis far enough. In the case where no new houses are built and their house appreciates significantly, after they sell their house _they still need a place to live._ Their next house will cost just as much, regardless of if they rent or buy, effectively eliminating all the gains they made selling the first house. The only real ways out of this are to move somewhere else with lower housing costs, or die. And really, it's worse than this, because their children will need housing too unless they're ok with them living at home forever.
The mentality that housing is an investment good has created a lot of perverse incentives (buy as much house as you can, you'll make more money!), that we really need to curb so that we can lower the cost of housing for everyone. Housing needs to be a consumptive good, where much like cars there's incentives to drive prices down and keep overall spending on the sector low.
Agreed. _Someone_ has to deal with the drift between astronomical time and earth time, better the class of software that deals with space than every time critical system in the world.
The rate of drift is so slow that people will never care.
Even over thousands of years when an hour of drift is accumulated there won’t be a manual adjustment - people will have just gotten used to different times of day having sunlight, with generations having been born and died with mean solar time happening at 11am.
Eventually the rotation of the earth may change enough that drift accumulates too quickly and leap time needs to be added, but that’s only going to be true thousands to tens of thousands of years in the future.
Billionaires obviously get a disproportionate amount of income per year, but it’s far from 20% of all the world’s GDP. To make your math work that would assume they got all the wealth in a single year.