This argument is repeated often, but I don't think it's really true. Both Savery and Newcomen's engines were initially aimed at evacuating flooded metal mines and not coal mines.
4,517 karma · joined November 3, 2016
This argument is repeated often, but I don't think it's really true. Both Savery and Newcomen's engines were initially aimed at evacuating flooded metal mines and not coal mines.
Yay for natural gas!
Re: Nat gas, agreed, it’s not solar though, storage is much more expensive
Thermal energy still needs to drive a turbine to generate electricity
And then even after all that, it’s still 1-2 orders of magnitude lower density than waveguides
And no, they are wrong, gas is still currently cheaper ($40 is less than $70)
We must decide whether we’ll be a civilization that bows to NIMBYism and stays stuck in squalor or allow building the future.
As always, don’t confuse textbook theory with real life!
“Free trade” here refers to inter-country globalized trade across borders, not free markets within a confine.
There’s a much stronger case to be made that industrial policy has resulted in prosperity for Asia, ironically the opposite of free trade :)
The rating is for you to stick your eyes right up to it for a long period of time and still be fine
Most automotive Lidar already operate in a “photon starved regime”, ~200-300 photons per return[0]. If you spread that over the entire scene, your snr drops quickly.
This forces you into 1550nm, and a large detector array and high power laser at 1550nm is extremely expensive.
As for MEMS, it’s been a while but I think FOV/steering angle range , steering speed and even maximum beam power were concerns
EDIT: my Lidar friend Jake reminded me that the appetizer size is also an issue with MEMS- smaller aperture = less light collected = lower SNR
[0] https://www.hamamatsu.com/content/dam/hamamatsu-photonics/si...
The problem is that not all parts of the world have access to cheap nat gas
1. The benchmark for hedge funds is not the sp500, it’s the bond market
2. Because the sp500 is inherently a bet, that America’s top few companies will perform well. This is not a purely risk free, hands off bet.
If you bought the Japanese Index fund, the Nikkei, even today it hasn’t returned to its 1980 peak
You might say “I’ll just get a global index”- in which case congrats, you’ve underperformed hedge funds!
3. There are more factors than just investment returns- ie volatility (Sharpe), drawdowns, etc
So despite what HN seems to think, the hedge fund industry is not in fact, full of idiots.
But it breaks too much of the existing flow to be worthwhile