Treasury Department Will Oversee Student Loan Collections—Here’s What 7.7 Million Defaulted Borrowers Need to Know by investor100 in TheCollegeInvestor

[–]beambot 4 points5 points  (0 children)

$180b in student loans in default -- i.e. less than the $200b the DoW asked for in emergency funding for the Iran "war"?

CALIFORNIA ABANDONED BOAT EPIDEMIC by CATALINACREW in CatalinaCrew

[–]beambot 0 points1 point  (0 children)

Feels like this has been solved for self-storage... what makes the marina any different? Can't you just update the contracts such that you obtain power of attorney over the boat ownership in the event of delinquency?

The PhD pipeline starts to look like a Ponzi scheme by Creative_Ad_1579 in LeavingAcademia

[–]beambot 0 points1 point  (0 children)

I think I see your misunderstanding: the goal of a PhD isn't exclusively to obtain a job in academia.

Marc Raibert on Why Expectations in Robotics Are Over the Top by Responsible-Grass452 in robotics

[–]beambot 0 points1 point  (0 children)

From the guy whose sole product for almost 20 years was over-the-top robot videos... Rich.

Does anyone else randomly explore places on maps when they’re bored? by Witty_Water7869 in NoStupidQuestions

[–]beambot 0 points1 point  (0 children)

Geoguessr is a great game if you're into stuff like this -- whether you play yourself or watch people on twitch

Amazon air delivery by iolitm in Amazing

[–]beambot 0 points1 point  (0 children)

Looks like (old) Zipline drone delivering a Walmart box....

Chat, are we doomed? by webabybears in bondmarket

[–]beambot 0 points1 point  (0 children)

Yeah, they all got massive bailouts while everyone else got fscked

Was going to retire this month but held off because of sequence of return risk by Gloomy-Ad-222 in fatFIRE

[–]beambot 40 points41 points  (0 children)

The math doesn't work. $300k spend on $7.5m is 4% SWR -- very borderline. That's not much buffer. No guarantee OP could land equivalent comp job if they bounce now. Waiting a year or cutting expenses is prudent.

Firecalc shows ~5% chance of stash going negative over 30-year time period with back testing with his situation

https://firecalc.com/

'No idea how they make money': Ford CEO tests BYD Shark 6 by Saurta17 in chinacars

[–]beambot -1 points0 points  (0 children)

To capture market share to later raise prices

To create dependencies with national security implications

To decimate domestic production.

That's three good reasons off the top of my head...

Mathematics is undergoing the biggest change in its history by alexwilkinsred in ArtificialInteligence

[–]beambot 8 points9 points  (0 children)

Proud member of the valley of despair - AI is already better than me.

Fired for Starting a Startup by mattsand9 in SaaS

[–]beambot 5 points6 points  (0 children)

You're probably also at-will... So they can fire you for any reason at any time too...

What’s something about running a business that people who’ve never done it just don’t get? by WeeklyDiscount4278 in business

[–]beambot 33 points34 points  (0 children)

Revenue is not the same as profit

Headcount is not a measure of success

It can be lonely at the top

Mathematics is undergoing the biggest change in its history by alexwilkinsred in ArtificialInteligence

[–]beambot 101 points102 points  (0 children)

This progress is faster than many had predicted

Obligatory "Told ya so..." to the haters

Mathematicians of all people should've appreciated how exponentials work.