maynarkh

joined 1 year ago
[–] maynarkh@feddit.nl 3 points 7 months ago

most every generation before them also had to work (at least before 1970 or so). Like, on average, much harder than today.

How do we know, though? Everyone will think they worked the hardest, suffered the greatest, deserve the most.

[–] maynarkh@feddit.nl 6 points 7 months ago

All stock valuation rests on like three entities making numbers up, that's not the thing. The question is how long will Wall Street keep Musky boy on the nice list if he is becoming more and more visibly incompetent.

[–] maynarkh@feddit.nl 5 points 7 months ago

Not me, I see a bunch of Polestars already cruising around, and here Teslas are not even the most sold EV. Super cheap itty-bitty locally made EV "trucks" that are as big as a Smart are.

And electric bikes I suppose.

[–] maynarkh@feddit.nl 2 points 7 months ago (5 children)

How does it compare to Waymo and Cruise? How many cities let driverless Teslas roam around? Those are the questions that will get asked from here on out, since they said they want to compete there.

[–] maynarkh@feddit.nl 6 points 7 months ago

I guess the argument is that this is what "innovation and disruption" looks like. When they finally iron out so that chatbots won't invent fake headlines, they will pile on a new technology that endangers us in a new way. This is the acceptable margin of error to them.

[–] maynarkh@feddit.nl 5 points 7 months ago

Corporations are completely authoritarian, while most governments are not, or at least not completely. If there really is a "rogue engineer", Musk can very easily fire them. Even if there was, it's his responsibility to organize a company in such a way that this cannot happen, with people having oversight over other people.

He is very clearly failing to do any of that.

[–] maynarkh@feddit.nl 17 points 7 months ago (6 children)

the average American today works “harder” and more strenuously to the average American in like 1920 is off their gourd.

The point is that the average person's work produces more value, but that increase in value is all going to corporations. The value of wealth went up, the value of labour stagnated. That means the rich have more of the pie, and since money begets money, the poor get less and less.

[–] maynarkh@feddit.nl 7 points 7 months ago (1 children)

Homes at large went from being owned by normal people to financial institutions. Yep, some people might have got lucky, but society overall lost.

[–] maynarkh@feddit.nl 16 points 7 months ago (2 children)

At least I learned something from this article. Highfalutin is a word in the English language.

[–] maynarkh@feddit.nl 26 points 7 months ago (2 children)

It seems their stock valuation rests on an assumption that their self-driving tech is unique, useful and best-of-class. I don't see how they can benefit putting these claims to the test by trying to compete in the robotaxi market.

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