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59 sats \ 4 replies \ @optimism 2h
Agreed, I especially appreciate where he says:
When the current cycle ends, "there will be a lot of capital that was deployed that didn’t deliver returns. It’s not different this time. We just don’t know how that will play out," he said.
This seems like wisdom.
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110 sats \ 3 replies \ @BlokchainB 2h
Indeed, I am optimistic about the potential of artificial intelligence. I believe it has the capacity to generate substantial wealth and enhance access to endeavors that require time and expertise to master. For instance, could we envision the advent of AI-powered flights in the future? While it may take several decades, the goal should be to make air travel as affordable as public bus services.
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58 sats \ 2 replies \ @optimism 2h
Is the most expensive part of a plane/flight the pilot?
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100 sats \ 1 reply \ @BlokchainB 1h
From a labor standpoint yes. All pilots are required to have a certain amount of time for sleep and rest. AI can bypass the downtime increasing the margins for flying
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Triggered me some glancing at airline quarterlies. 30% of opex is salaries&co for the ones I looked at.
Imagine: FlyX haha
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