Large drop in their biggest sector is a reason for layoffs when they’ve historically never done it.
6,964 karma · joined April 1, 2015
If steady state gained favor that would be super fun, but this quote from the article seems to throw a little cold water on that.
> At the same time, she notes that yesterday’s disks are different than modern ones. “They’re not today's Milky Way,” she notes. “They're turbulent, they're messy, and we need to study them more.”
On the other side of the coin, if you're junior, what's it like uprooting your life and social network for a job at a location with probably much higher rent and no existing social network?
"Lamenting the junior dev" is pretty much the only compassionate argument for in-person work so of course it's brought up a dozen times on any remote thread on HN. It gets unnerving.
What happens if you change jobs? Get laid off? What happens if you make a big mistake and the social network you relied on is now angry at you? It can be way more of an emotional roller coaster.
Of course that’s not everyone! There’s still plenty of in-person jobs for people who want or need it but at least there’s more of a fair split now for folks who do not want that.
Definitely affects mine, I'd buy literally any other electric car now.
But... Tesla had a ridiculous valuation anyways compared to profits. They were always a long gamble for anyone with money. Given bonds are more attractive now, makes sense it'd tank.
Toyota's market cap is 180b
Ford/GM/BMW/Honda's are around 50b
Tesla has 350b market cap now. About equal to all the ones I listed above.
It'd have an outsized affect plummeting from over 1 trillion a year ago to 350 billion now.
It's rarely talked about, but you gotta imagine, the fact the US controls most of the land and sea is a big factor in how diplomatic issues are resolved.
I don't think this is a great thing, btw.
Four years ago Tesla was in the throes of model 3 production and had the potential of huge demand once they got going.
Where are things now? Other automakers have responded with alternatives. Good ones too, you can buy a Hyundai for a similar price and according to consumer reports, better reliability.
What’s on the horizon for Tesla? Trucks and Semis but those aren’t as mass market as model 3, and self driving cars have shown themselves to be… less than feasible.
Many people don’t like sports and find them a nuisance. The idea that they not only cause traffic but cost us money while making only a select few people extremely rich is nauseating.
Just something unsexy that works and can stick around in the same form because the owner is a curmudgeon with out any dreams of grandeur.
Perhaps the could never have happened to social media though because it was too hot a space.
Everything else seems doomed to get caught up in this race to capture a billion eyeballs and wallets.
That is some wild logic. People are angry for material reasons. It's often misdirected or invalid but there's a cause.
I think anger is valid and useful when it's directed at the root of the cause. And I'm sorry, but billionaires and politicians are the ones with more power than anyone else so if something is materially broken in our world they probably deserve an outsized portion of that anger.
It takes work to misdirect that anger to other groups, which some politicians and media groups often do. I'd argue that is the thing which should be examined quite carefully.
I'm not sure that's the case. I think many people, myself included, assumed Musk's course was always "just do what's best for me." So he's really just holding to that.
You should give people in your life the benefit of the doubt, but large corporations and billionaires usually found success by acting in their own interest so they will just keep on doing that.
It doesn't have to be jacking up prices for exploitation either, just sometimes the costs were always there dictating the price and, eventually, you have to foot the bill for those costs.
But yeah, certainly seems like this time is different. Really hope we start seeing more breakthroughs after this as it’s great news.
Also, you still have to give up all your family and friends and live by strict Christian values. Not everyone’s cup of tea, especially if one happens to be different in some way.
How is it hypocritical? Opposed to any other times in human history you can’t give up on society and live a peaceful life in a community.
We’re born into it along with all our families and friends. Telling someone to go off and live in the woods is a life of solitude and probably harsh run ins with the law.
There is no choice nowadays and saying “ha but you live in society so you can’t critique it” is a willful ignorance.
Also, this may be hard to believe, but, most people don’t like ads and don’t value “useful ads” over their personal privacy.
I distinctly remember growing up and watching educational dinosaur documentaries on the science channel and cool Roman history on the history channel.
Couple decades later I check out those channels one is a hundred variants of "ancient aliens" and the other is... well I have no clue about the Science channel actual but the history channel definitely took a hard turn towards non-science based paranormal.
I imagine the history channel was never a non-profit educational endeavor but it sure was at least somewhat educational back in the day?
Could Apple conceivably be spying on my every move? Well... they really don't need to to make App Store recommendations so I doubt it.
When, and if, ever launches its own web advertising client which they bill as "privacy focused" I'll start being skeptical but until then there's way better things to throw tin foil at.
> Apple monitors your every move in the App Store and its News and Stocks apps and then uses that data to sell ads targeting you in those same apps. To meet its growth forecasts, experts expect Apple to start selling ads in its Maps, Podcast, and Books apps, meaning it could replicate this model across more of its services. Much more of your activity could be monitored in the future.
Tracking every click in the App Store/News/Stocks is not great but it is in NO WAY similar to tracking every website I view and reading every email I send.
1) Apple's freedom from inspection: they control your device and their ecosystem because they make money off the ecosystem. The take a cut of the phone/computer/watch you buy then anything you buy in their ecosystem because the ecosystem is their product. Your data is (mostly) safe from advertisers because that's not their business.
2) Google's device freedom: you can do whatever you want with your device because your are the product. Sure you can load a complete separate system of mail and chat clients and not sign into google, but really, will you?
Of course there's option 3, linux. Neither the ecosystem or you is the product, but where's the money in that. No one is going to spend billions of dollars to get you to buy Linux.
Whether Apple or Google (or MS or w/e) is the arch villain is really just a matter of perspective. Is two or three options a great place for consumers? No, of course not, it all sucks. I think a system built around who-gets-the-most-money-wins is the real problem.
Also… I think advertisers don’t want to be the spotlight, their job is to make their customers the spotlight. Publicly speaking out is likely a huge faux pas.