Fall LC thread

Maybe Erdogan’s bodyguards will beat them up

The price of a self-driving car doesn’t need to be less than a normal car. The actual unit is cost/minute.

Think about how much time you car is doing nothing. It’s like 90% of the time. If a car can be busy 100% of the time it can cost 10x a normal car and still be economical.

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How self driving cars compare to human drivers is a much better metric.

I’ve done some work for a guy who is living off grid in the middle of the city. Today I found out that he’s been squatting on city-owned property for 30 years. He has two Portable Buildings there, one that he lives in and one that is an office, and he’s been running some kind of a trucking business there. For quite a while he owned an adjacent property that he really owned but five years ago he sold that and only retains The squatted portion.

A lot of a car’s depreciation is by mile rather than time though

The time it sits still is barely relevant, since a car’s condition is based on usage, not passage of time.

How long do you think a car working 24/7 is going to last?

If there ever comes a time where everyone’s car is in use 100% of the time, I’m heading for a cabin in the mountains.

This is somewhat less true for EVs, since almost all of the things that wear out on a car from driving are in the engine. It’s just the tires and, to a lesser extent, the brakes.

Also, the wear-and-tear costs of the mechanical components of the car are not necessarily that significant. Those are fixed on a per-mile basis. Using a car more intensively allows you to amortize costs that are fixed over time (cost of capital, parts that don’t depreciate with use (i.e., the expensive computers and sensors!), depreciation due to changing styles and general datedness) over a larger number of miles. If the total per-mile cost is a fixed mechanical depreciation number plus a variable annual cost, it can still be cheaper to drive a more expensive vehicle that can amortize a larger fixed cost over more miles.

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Then why won’t my mobile home increase in value???

You won’t own a car. Nobody will. You will own access to one. As will many others to the same car.

Not the point. Every car always on the road is a perfect dystopia.

It’s not though. It’s less traffic overall by a large amount.

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Maybe I’m naive, but if they’re going to offer checking accounts I would think they would be under the same privacy regs as depository institutions, aka banks

That’s a no for me, dawg.

Also a good subheading

Maybe I should read articles before I post. Ok they’re basically going to be a licensed name brand of Citibank accounts.

I don’t agree, but I guess it’s debatable. There are many other problems to deal with with AVs, though, not least of which is putting more cars on the road when we need to be moving away from single-occupant vehicles.

image

The Puritans were cool.

It talks about that but banks can actually sell a surprising amount of data about people.

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https://twitter.com/michaelavenatti/status/1194757089383591944?s=21

https://twitter.com/eorden/status/1194753483913728000?s=21

A federal grand jury returned a superseding indictment today against Michael Avenatti in the SDNY case in which he is charged with attempting to extort millions from Nike, per court filings. The superseder drops the conspiracy charges & adds 1 count of honest services wire fraud

Edit: spoiler tweet isn’t working?

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