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It obviously deters crime. Look at it this way. If maximum prison sentence was 5 minutes, would you see more or less crime happening?


This is a phenomenal visualisation. I wish I saw this when I was trying to wrap my head around transformers a while ago. This would have made it so much easier.


Serious question: Why wouldn’t Elon just fund it all himself? $43M is 0.02% of his net worth.


Capital gains tax. His wealth is tied up in his other companies.


Now multiply that number by 2% which is about what stripe charges per transaction. Pretty nice revenue


They have to pay credit card company from it.


Ah, of course, they make no money per transaction hence.


No, but they don't get to take the full 2% that VISA/MC charge vendors.


You have to subtract interchange fees from that.


To be fair, GP did say "revenue", not "profit".


Probably not actually treated as revenue. Those charges get netted out before they’re reported as revenue (interchange is a “contra” revenue line)


Wells Fargo, as their acquiring bank, pulls the fees prior to remitting the funds to them.


You have to take into account how much it rises and how much it falls too. It might be you win more often but when you lose you lose more.


I don't know enough, but I bet with options you could make something close to a double or nothing boolean bet


I feel like this is kind of an open secret and the analytics about an ad that google or facebook give to advertisers must be taken with a grain of salt.

That is why every serious advertiser runs their own analytics about how many people visited their site from the ad, return per ad spend etc.

Of course this is harder to do on broader, brand awareness campaigns but can still be tracked to an extent.


External battery with a cord, and even with that only 2 hours performance. This has to be improved before mainstream appeal. (and the price of course)


Yeah, with them touting watching movies and only having "up to 2 hours" of battery, that's going to severely limit the movies you can watch. "Everything, Everywhere, All At Once", which they showed someone watching, is 2.2hrs.


remember he said all day use. not sure what it mean.


All day use if you plug it into wall power.


All day use if it's plugged in, as in using an AC adapter.


iirc, he said something like "when plugged in you can use it all day, and on battery you get two hours"


I guess you could just swap batteries ...


All day use when plugged in


Allow people to pay say $50 in order to get someone to actually review all the facts about the case and refund the user the money if they were right.


So, no poor people get this. I mean, it is the cost of nearly 7 hours work if you only make minimum wage. It doesn't really matter if the money will be refunded - it can't be used on food while the company holds the money for weeks.

Honestly, they should be required to simply have a case worker look at everything if the person has exhausted other options. Those other options should be easily found on the company's website (or facebook page, etc). And the case worker should actually have the power to decide either way, free from coercion and without quotas leaning either direction.


They will pay someone on the other side of the planet 5 cents to spend 30 seconds applying a checklist of strict conditions against your case that if not met means you're SOL.


If that’s the case then it will very quickly be known that spending this money is useless.

This is supposed to be a win win for both the platform and the user and not a source of revenue.

Of course if google decides to try and squeeze a couple of extra bucks of profit from this then it is useless.


So if the company denies your claim they also keep the $50? Sounds like the incentives are pointing away from a just outcome.


I like the idea, while thinking the next steps in case that goes wrong gives me a pause. What do you do if that person you get for 50$ seems incompetent? Exponentially increasing fees to get a review?

Remembering again, perfection is the enemy of good, what we have here is more than good enough for most of the cases perhaps.


Here's a little sci-fi short fiction...

In 2041, Google begins offering a service where you can pay $28 ($50 in USD2041) for a human to review your claim. Since it costs them $8 to do this, they will allow you to appeal their decision as many times as you want.

In 2042, a data analyst discovers that routing claims to a specific subset of reviewers maximizes this revenue stream and updates the business logic accordingly.


This is a business model for many hardware vendors who sell support and insurance with gross profit margin of more than 50% so I don't think it might improve the situation all that much in the long run.


There kind of is this with many companies these days. It's called arbitration. Someone did it with PayPal a while ago for example (ref: https://news.ycombinator.com/item?id=33462658). In many cases it's free, but in some (especially b2b) there might be terms that say each needs to pay their own fees or that winner needs to pay loser's fees.


I feel this one should be enshrined in law.


Stress + neglected diet and exercise definitely puts a strain on your body.


Context: "Prisencolinensinainciusol" is a song by Italian singer Adriano Celentano, released in 1972. The song's lyrics are intentionally gibberish, meant to sound like American English to an Italian audience. The song is a commentary on the globalisation of language and culture, and the ways in which language can be manipulated and distorted for commercial purposes. It became a hit in Italy and later gained popularity worldwide, and has been seen as a precursor to modern forms of global pop culture.


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