To be clear, I am not saying the arrival of self-sovereign AI is a good thing. Indeed, I believe there is a chance that the deliberate acts I referenced above will one day be considered crimes, or at least grave sins. Instead, I am saying it is an inevitable thing.
The way to win at capitalism is to focus on what it actually does (make customers' lives better) rather than the socialist caricature of it (squeeze every penny out of them). The latter gets you 2x returns at best, whereas making new things for people can get you 10x.
Will mining get automated? And if it does, not just the movement of the materials, but every part of mining. Then what is a mining company? It just owns real estate.
Another another thing we point out is just there is no human in the loop. You own the loop. The loop is yours. The loop is mine. It would not exist if it was not for me. So I am the owner, right?
The primary axis is no longer the politico-economic axis of capitalism-vs-communism, but the ethno-cultural axis of ethnomasochism-vs-ethnonationalism.
this idea is old enough that we now have a generation of people who have been raised as if this was a natural law. This is how capitalism has always been. But that's wrong. For the vast majority of the time, for hundreds of years, we have had joint stock corporations. Only the last 40 have we had this idea.
Dyson vacuum. The laser light thing makes me happy. I never vacuumed before I got this, which meant my apartment was constantly in dire straits since I am the proud owner of two extremely fluffy dogs. I love it.
The interesting Tesla point is people always looked at it and said, "It's the iPhone of cars." No, it's not. What's happening is that cars are becoming Android with no iPhone. And then Tesla is just selling and is is in that metaphor Tesla is just another android phone maker
That large owner on the board can help buy the time necessary for management to behave in a longer term way. And that's, I think, good for all the shareholders.
La conclusión es obvia: lejos de ser la causa de nuestros problemas, el capitalismo de libre empresa, como sistema económico, es la única herramienta que tenemos para terminar con el hambre, la pobreza y la indigencia, a lo largo y a lo ancho de todo el planeta.
hoy estoy acá para decirles que Occidente está en peligro, está en peligro porque aquellos, que supuestamente deben defender los valores de Occidente, se encuentran cooptados por una visión del mundo que – inexorablemente – conduce al socialismo, en consecuencia a la pobreza.
Elon Musk’s sullen yawp amounts to a claim that he has a right for companies to sponsor his speech, no matter what he says. That’s nonsense, both legally and philosophically.
Americana traces the history of American-style Capitalism, reminding us the political economy is far more complex than the simple labels we tend to use. Reality is far messier, filled with externalities, complications and comprises then is predicted by academic theories.
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