One thing I learned about logic is that if you start with a false statement, whatever comes next doesn't matter "almost all valuations and returns are driven by corporate earnings" no they are not, at least not anymore.
Then you're going to have a hard time learning any subject.
Because it's pretty common for educational materials to start with the first-order approximation, then go into the places where you need second-order corrections to it.
If you think the first-order approximation is false because there are exceptions, and you aren't even willing to read a few paragraphs down to find out about the exceptions and nuances, then hey, it's your loss.
Unfortunately for a lot of performance and luxury oriented Car manufacturers, EVs are a death trap - since they don't have access to any special battery chemistry, the drivetrain is basically a commodity - you can get more HP from Xiaomi than you can get from a Ferrari. Any advatages / weight savings around say carbon chassis will be negligible and probably more of a nuisance in daily driving.
Moreover the battery will degrade over time so it's not a good long term investment (unlike ICE cars where 100 year old machines still run fine).
I'm sure there will still be some buyers but the margins are going to get squeezed and the Rich Oil Sheikh will reconsider their purchasing choices when it gets overtaken by a Chinese EV equivalent at 1/10th of the price.
I really don't see how Ferrari can support its brand with a toy car like this.
There's more to this kind of a car the torque and straight-line speed. Take a look at this Tesla Model 3 Performance on the Nürburgring https://www.youtube.com/watch?v=0tdhYevUGwM, the brakes are overheated after a few minutes of driving.
They would pay to see whatever local files your settings and skills allow the agent to see (plus whatever skills they infiltrated, something you'll have zero visibility about)
I think that goes to show that official inflation benchmarks are not very practical / useful in terms of buckets of things that people actually buy or desire. If the bucket that measured inflation included computer parts (GPUs?), food and housing - i.e. all that the thing that a geek really needs inflation would be wayy higher...
> If the bucket that measured inflation included computer parts (GPUs?), food and housing - i.e. all that the thing that a geek really needs inflation would be wayy higher...
A house is $500,000
A GPU is $500
You could put GPUs into the inflation bucket and it wouldn’t change anything. Inflation trackers count cost of living and things you pay monthly, not one time luxury expenses every 4 years that geeks buy for entertainment.
I dunno, I got used to the weekly beatings. You could arque that if you understand what brings the most business value and deliver that repeatedly, you're pretty safe from being fired and arguably you'd know how to run your own business if needed.
If someone, say did a great job of updating API documentation that can be fully automated now, that's not good enough nowadays.
I realise that's not exactly fair because the capitalists / shareholders 'only' have to have to have money in order to receive compensation, and you as a labourer face increasing demands.
If you don't like the balance of power you find a niche / leverage as a laborer or you switch to being a capitalist eventually.
If you truly believe the best people are not layed off from corporations, you must be extremely young and just starting out. Corporations are a lot less rational than you imply
>You could arque that if you understand what brings the most business value and deliver that repeatedly, you're pretty safe from being fired and arguably you'd know how to run your own business if needed.
It's not the 2010's anymore. You're not fired because you did a bad job or even because you weren't productive enough. You're fired in a larger cultural wave to try and remove American labor from the American economy as they push everything overseas and pretend it's about "efficiency with AI". Nothing is hiring outside of hospitality right now.
>you switch to being a capitalist eventually.
Hope you have generational wealth. Otherwise that "capitalist" position is you delivering doordash just to survive.
Wow, I bought Baldur's Gate 3 out of nostalgia before a very long (20hours + ) flight and played some good long hours on the plane.
Unfortunately the Proton version meant the game was unplayable on the Deck later in the game.
I'm so happy I can finish it now.
Coincidentally I also realised I can play it on my Mac too...
What is the chemistry and expected lifetime of the batterries?
They are saying this is for sustainable energy future but it looks like it's using natural gas (not sustainable) powered energy to charge up Lithium(?) batteries that will need to be replaced every n years (also not sustainable). Which part of this facility makes it more sustainable?
The UK often has excess wind energy, and for Tilbury in particular that problem is set to grow as National Grid are building out massive grid capacity from the North Sea wind farms through Tilsbury
Generally LFP with cycles in the at least 5000 range.
They are pure arbiters of the market. Filling up when it makes sense and delivering when it makes sense. Which sometimes means buying expensive fossil gas powered electricity to sell it even higher priced later.
But what this means is that at that ”later” the peaking plant that originally has been used did not have to start and consumers enjoy cheaper electricity.
But what they do is extend the time renewables deliver. In for example California storage has reduced fossil gas usage by 40% in recent years.
A similar project in Australia used Tesla megapack batteries, which are lithium ion.
Another form of stored energy uses thermal. A large scale project to plug ~50,000 idle and abandoned oil wells in Kern County, California.
Probably worth noting that for states and utilities, consumer solar without batteries has become a liability and doesn't scale up. So effectively, all future consumer solar installations in California will likely have batteries. So there will be batteries at the consumer point, and centralized large scale battery farms like this one to address peak demand and prevent situations where blackouts may need to occur.
