HaiZhung

If your house is mortgaged, you would have to subtract that mortgage from the calculation, would you not?

Not only that, but they also want to live in functioning cities with normal, nice people.

Which is considerably easier to achieve IF THEY PY THEIR FUCKING TAXES

Sure, Waymo’s own numbers should be taken with a grain of salt; and obviously they will publish numbers that will make them look good. I’m with you there.

But at the same time, Waymo and other robotaxi companies are required by law to report any small accident (which makes sense, we want them to be safe)

Compared to human drivers, the IIHS estimates that about 1/2 of all property damaged and about 1/3 of injuries never get reported, for various reasons. So that skews the distribution in the other direction.

IMHO I see no reason to doubt Waymo’s numbers. Obviously, a machine, given enough training, will perform much better than a human. It never gets tired, it has a much larger training regime than humans, it won’t get distracted by a phone call, and it has better sensors. I’m a bit surprised that this point is highly contested.

I get that the economy side of it can be controversial (are we going to a world where no one owns cars? Is all the surplus going to alphabet? Etc), but safety seems like a clear win, to me.

Makes sense, thanks for the clarification!

If you haven’t read the article, it’s 0,3% vs. a projected 0,2%. IMHO hardly worth a headline. But hey…

Yes and that is the logical conclusion of what I said above.

If regular people and families have no buying power, then houses that suit their needs will not be built. Rich people have buying power, so luxury apartments and suites will be built.

I think this is way too complicated, a much simpler effect describes the housing cost:

Wealth inequality drastically worsened over the last 40 years. The uber rich got even richer: while the vast majority of people has little to no money and can’t afford a house or other assets.

Rich people have (compared to their wealth) low consumer spending, but they massively accumulate wealth.

What’s the wealth spent on? Assets.

That’s why you see all the assets go up - stock market highs, gold price up, housing prices up, everything up.

It’s as simple as that. Rich people don’t know where to put their money except buying more assets, which drives their prices up massively.

I, for one, find it incredibly refreshing when a politician says what everybody knows.

Instead of, you know, just lying about it, not talking about it, blaming it on something else.

An acceptance of a common reality is the necessary first step to tackle the issues.

Which u can’t believe I have to say out loud.

TBF mountain hiking is considered an extreme sport and you would need a private insurance for helicopter rescue anyway. Germany, Austria and others include this if you join the alpine club, but it’s not part of the normal public health insurance.

Cutting spending by government will cool down the economy even more.

Someone’s spending is another one’s income.

Who else is supposed to spend if companies are downsizing, private households are cutting spending, and government is cutting spending?

I feel like the world collectively forgot Keynes‘ economics theory. The whole austerity cycle is madness.