The average SWE at OpenAI who signed up for the “900k” compensation package which was really > 600k in OpenAI PPU equity probably saw their comp evaporate.
3,732 karma · joined March 30, 2011
Oh, so not $10M.
A house, especially in a desirable location is much more rare, it is hard to produce. Land is limited, getting permits is difficult, labor can be expensive.
Houses have a better chance to keep pace with inflation which makes them more susceptible to being an investment.
A week ago someone commented how they were flagging anything that was submitted to HN that painted Elon in a negative way.
The topic of inflation for hundreds of years and currency debasement is covered in detail and a common theme throughout the entire book.
Overall I’d recommend the book, Lyn is a great writer. The end is definitely Bitcoin heavy but I still enjoyed it ( I do not own any cryptocurrency ).
I did notice however there are no official guidelines for flagging. I will reach out to HN to see if they can update this. I did find one relevant comment by dang.
> The purpose of flagging is to indicate that a story does not belong on HN. Frivolous flagging—e.g. flagging a story that's clearly on-topic by the site guidelines just because one personally dislikes it—eventually gets an account's flagging privileges taken away. But there's a new 'hide' link for people to click if they'd just like not to see a story.
A safe withdrawal rate would be like annual rate of return - annual inflation - 1% safety buffer.
So 4% - 2% (target inflation rate) - 1% (buffer) = 1%.
If you don’t include the 1% buffer here you have no margin of safety for a market downturn.
I find it hard for someone not to feel this way if they’re a billionaire let alone Elon Musk. I’m sure the ketamine isn't helping but Elon has always came off as eccentric and impulsive.
> The City’s failure to implement the Required Actions will result in HCD initiating the process to revoke housing element compliance. Various consequences may apply if the City does not have a housing element in compliance with Housing Element Law, including ineligibility or delay in receiving certain state funds, referral to the California Office of the Attorney General, court-imposed financial penalties, the loss of local land use authority to a court-appointed agent, and the application of the “builder’s remedy.”
https://www.hcd.ca.gov/sites/default/files/docs/policy-and-r...
> The City’s failure to implement the Required Actions will result in HCD initiating the process to revoke housing element compliance. Various consequences may apply if the City does not have a housing element in compliance with Housing Element Law, including ineligibility or delay in receiving certain state funds, referral to the California Office of the Attorney General, court-imposed financial penalties, the loss of local land use authority to a court-appointed agent, and the application of the “builder’s remedy.”
https://www.hcd.ca.gov/sites/default/files/docs/policy-and-r...
> The City’s failure to implement the Required Actions will result in HCD initiating the process to revoke housing element compliance. Various consequences may apply if the City does not have a housing element in compliance with Housing Element Law, including ineligibility or delay in receiving certain state funds, referral to the California Office of the Attorney General, court-imposed financial penalties, the loss of local land use authority to a court-appointed agent, and the application of the “builder’s remedy.”
https://www.hcd.ca.gov/sites/default/files/docs/policy-and-r...
> In addition to the siting and sizing of the pad, SpaceX does not have a flame trench, nor do they have a water deluge system used to suppress heat and sound energy from any launches, as the Army Corps of Engineering permitting required to add these civil engineering systems is itself a multi-year process.
> No large rocket complex on the planet: not in Russia, nor China, and certainly not in the US, exists that doesn’t contain one or both of these energy suppression systems.
https://news.ycombinator.com/item?id=35590279
https://blog.esghound.com/p/spacexs-texas-rocket-is-going-to
This was short lived.
From the link:
> If the axles are not physically tied, there is no way for any of the four wheels to know how much traction it actually has until it breaks free. Then, of course, it knows "too much" torque and it can apply traction control. But the damage is done. It has broken free, and any negative consequences have already happened prior to the computer being able to make any further calculations.
> Again, if physically locked together with large gears and drive shafts, there is no possible way for one wheel to break free in that manner, unless of course something is broken.
Some other interesting tests by an R1T owner.
https://www.rivianforums.com/forum/threads/quad-motor-vs-loc...
> If the axles are not physically tied, there is no way for any of the four wheels to know how much traction it actually has until it breaks free. Then, of course, it knows "too much" torque and it can apply traction control. But the damage is done. It has broken free, and any negative consequences have already happened prior to the computer being able to make any further calculations.
> Again, if physically locked together with large gears and drive shafts, there is no possible way for one wheel to break free in that manner, unless of course something is broken.
https://www.rivianforums.com/forum/threads/quad-motor-vs-loc...
The Tacoma Off Road Crawl Control is somewhat similar but uses ABS to prevent slips. It does come with a rear locker though.
Wow, that is truly surprising. I’d be more worried about the driver if I were Rivian? What stops someone from driving through a creek and submerging their truck? Damaging their undercarriage on a rock? Sliding into a tree? etc.
> The Rivian was designed, and is, an incredibly competent off road vehicle.
It looks like it doesn’t have locking differentials but that’s usually overkill.
> It literally has an Off-Road drive mode with 4 different setups within it
I’ll need to read more about the “Off Road” drive modes. It sounds similar to the Tacoma’s “Crawl Control”.
> a built in air compressor in the truck need for adjusting your tire pressure when you take it off road.
An air compressor is nice but you can pick up a Tsunami Air Compressor and a tire deflator for like $130.
> Meta’s XFaaS is their serverless platform that “processes trillions of function calls per day on more than 100,000 servers spread across tens of datacenter regions.”
This seems very low per server?
I’m guessing taking your Rivian off road will also void the warranty.
If you off road it’s good to know how to repair your rig.
I don’t own any yet but I don’t think it’s ever going away.
The $10,000 limit in the USA was established in 1970, I guarantee it won’t be adjusted for inflation.