> Dubai
A grand total of 6 lines for all departing flights?
109 karma · joined May 9, 2022
A grand total of 6 lines for all departing flights?
At the end of the day you gotta do what media entrepreneurs have always done: shove stuff down people's throats in exchange for money. That's it. There is nothing tough, poetic or ideological about it.
Twitter has been trying to monetize its users but they had scarce success. That was without an ideologue at the helm. Or an ideologue-lite when Dorsey was in charge.
With an ideologue at the helm the bird will fly right into the ground. Twitter needed somebody who knows how attract the crowd which buys stuff online. Paradoxically Bezos was the right fit for the bird app.
Yeah that doesn't count. Stuff you don't do doesn't count.
Similarly with Tesla, legacy automakers will electrify the world. Being a cheerleader on the side doesn't count.
CEOs are people who sign off quality of life for the people who buy the products/services that the company they lead is selling. And that is all there is to it. There is nothing tough or poetic about it. Sane people are scratching their heads at how some people are falling for the cult of the founder which started with Jobs.
The amount of consumption that Parag will be able to do with his golden parachute is very impressive tho.
In a world where people are increasingly living in urban areas, fiber will annihilate satellite internet.
Starlink is yet another niche thing which Musk is specialized in pursuing.
In fact all of Musck companies can be summarized with "everybody has heard of them in the financial and technology press, but not many people use them"
They want to pursue such interests via FIRE so Linux would have never worked.
DEC and IBM could have been the ones
They put a PC on every desk, today was a slow day and I used at least a dozen flavors of Microsoft….all of them for free.
It’s also important to stress the free part, they don’t pursue piracy and just elect to recoup those losses by charging their Fortune 500 clients a bit more.
People will point out to the DOJ proceedings in 2000, but I have no sympathy for paper millionaires who didnt cash out in times of fat cows and didnt realize that software is a winner take all market. Even less sympathy for ideological people who want to impose their niche preferences over everybody else.
99% of people use computers to access informations , communicate with the world and to store/manipulate written or numerical data. Nobody makes all those 3 tasks easier than Microsoft.
you cannot pre-emptly put yourself in your place, that’s the best route for depression and depression sucks whether you have a high, normal or low IQ
Why would any rational individual take an IQ test? IQ cannot be changed and whatever outcome doesn't change your course of action, being the fact that you have to work hard.
Low IQ: Gotta work hard
High IQ: Gotta work hard
The “problem” is that Rockstar Games is based out of Edimburgh and New York. So they don’t have their ranks full of people who want to be thought leaders like everybody in the Valley.
So they will never come up with words like Metaverse like Zuck and you will never see Rockstar CEO becoming a cult leader like Musk.
Musk has barely signed off anything, he's constantly postponing the moment when he'll sign off quality of life, but he's getting paid right now.
Today has been a slow day and I used the various different flavors of Amazon, Apple, Google, Microsoft so many times. They might not be a colony on Mars, but at least they are real.
People are much more satisfied/apathetic, they won't collectively risk their quality of life for a war.
The biggest predictor of mass violence (war) is your run of the mill daily violence (murders, revolts, terrorism etc), those are at historic minimums.
The second biggest predictor is trust in institutions, which also is at an all time low. This is especially true in Russia, but also in the West. The shelf life of a POTUS is basically 2-6 months, that's how long the approval rating stays above 50%.
By the time the 1st anniversary of inauguration comes around every POTUS from now on will be around 35-38%. That has never been the case ever.
I predict golf and poker will be the way to go for athletes of disciplines which have a short lived carrer.
Resolution and a direct enemy are essential in order not to get bored. The "market" doesn't provide resolution and cannot be seen as a direct enemy , more like an ethereal entity
Entrepreneurship is something you do for a living. A mean to get satisfaction and something you do to feel good.
You can have the best numbers but still be despised by the business community because of the way you act, and similarly nobody in the business community would trade places with you despite your amazing numbers because the way you act denotes mental illness. Money is worth nothing if you have mental illness.
It's exactly the case for Musk and West.
Sport provides resolution week in and week out. Either you win or you lose. Tennis being an individual sport is the prototypical scenario where the athlete provides said resolution via scoring a match point or failing to answer a match point
Who said clearing? I said that if any millionaire or billionaire claims that they are not taxed enough, nobody is stopping them from paying what they think they should pay.
The IRS won't complain, and so won't the Treasury if they decide to donate money to pay a small % of the National Debt
Or they could just send money to the Treasury to help pay the national debt which is an even more elegant solution.
The bank account and instructions are visible for all at TreasuryDirect.com
If Tesla or SpaceX were to disappear tomorrow nobody would experience any existential crisis.
If you disappeared Microsoft, Apple or Amazon or Walmart overnight the whole economy would come to a halt. Same for JPMChase,WellsFargo, BoA etc.
Musk is the first guy to reach the top of the Forbes list while being at the helm of an aspirational company, not one that is structurally important one in the present.
It’s a dangerous precedent, and in fact soon enough it was repeated when bitcoiners and owners of exchanges such as Coinbase and FTX reached the top 10 of the Forbes list.
Big ass sample (8bn individuals) and power law produces stuff like billionaires.
> fair
It’s not about fairness, people have been saying loud and clear that they can’s stand billionaires and the uber wealthy. They also been saying they want them out.
JPMorgan, Goldman Sachs, Prudential, General Electric, General Motors… they have been in the hands of pension funds forever, with the CEO taking a salary, and they have been working just fine.
If you diluted the whole Forbes 400 into oblivion or just transfered their shares to pension funds the companies they lead would go along just fine .
we know because there are countless examplers
They are all just dudes, and I didn’t expect anything more than that because although I loved to party back in college I made sure to be sober for the lecture on Powers law.
As the sample gets bigger a layman observer can be fooled into thinking that subject x or y is special , whereas in reality it’s just a combination of a big sample and powers law doing its thing
Now idiots are convinced the pilot is special , wiseguys don’t believe in fairytales and they just look at the weather chart for that flight so that the truth becomes perfectly crystal clear.
That is all there is to it.
If playing roulette was as popular as business or hustling in general, (being played by 8bn people 24/7/365) you’d have billionaires roulette players too. Doesn’t mean they are special it’s just that with a sample that big somebody is bound to be benefiting from the 200mph tailwind
There are very few people who do stuff for the sake of doing stuff. If you are a volunteer you’d know because basically there is always a shortage of them, never once a volunteer has been turned down at least I never saw it
It’s now clear that their existence is bothering people and causing them to have low morale due to wealth inequality and political cronysm + corruption
Once a company becomes a public company not to mention part of the sp500 you could dilute the founder or just transfer their shares to the big pension funds, install a new CEO and nothing would essentially change
in a sense Apple’s most succesful product which came right at the very best time to save the company was Windows 95.
And they also love being diversified and not tied to a single sector or asset so they can change allocation of the portfolio they manage according to all the aforementioned variables and their prediction about them..
Who'd have thought the "best" would love a global scale Poker game?
1) Being practical, not purely aspirational
2) Not burning more money than they make
3) Not constantly requiring capital raises
4) Not needing government subsides and corporate welfare
Musk is 50 and hasn't managed to light up all the 4 requirements at the same time. Enough with the BS. Especially here people should be skeptical because game recognizes game. In SV all the aspirational stuff is vaporware and BS. Mars, tunnels and brain comms. All BS.
What you and deluded Musk call "bots" are the same demographics which creates throwaways on Reddit and also on here just to answer a comment which enraged them.
It's logical, and also proven elsewhere. It always amazes me the logical leap that cult members are willing to go through in order to elevate the cult leader who can't do no wrong.
For me that number could be around 100k because I have no problems overriding my passions in order to not deal with bullies BS.
For some people their passions are strong so they need a higher number.
For some unfortunate people there is no number and put up with bullies because some craft has penetrated their brain so much that they cannot stop doing it .