How much you save has a far greater impact than your investments early on in your career. But as your portfolio grows, investment returns swamp your savings because of the wonders of compounding.
And that's why every hype cycle produces a wave of absolutely spectacular demos and very few real products. And the recurring mistake of every cycle is spending on the demo when you should be saving for the nines.
As is the case with most businesses, suppliers in the housing industry generally set prices based on market conditions and what buyers or tenants are willing to pay, rather than on production costs.
things have to go really wrong for us to like just get over the threshold of uh you know, capital being productive enough to automate lots of work, but not be productive enough that that the interest rate is high and or the price of capital produced goods is falling a lot, okay? So, even without redistribution, a little bit of savings will save a lot of people.
The staggering and fast-growing cost of AI datacenters is a call for performance engineering like no other in history; it's not just about saving costs - it's about saving the planet.
It's just that it caps this price and this value that is they perceive that you do. Whereas if you deliver more of the value that they already value, it's I don't want to say uncapped completely, but like the cap is maybe an order of magnitude higher than saving.
The biosphere is not going away. There's nothing we could do. The idea that we have to save the Earth is a little ridiculous. The Earth is not a furry little bunny that we need to protect. But it's the conditions for us.
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