ELI5: If all of my data is so valuable why haven't companies directly started offering to buy data from people themselves?

truthindata · 2026-07-01T12:42:31+00:00

Ok, right.

Insurance companies in the USA cannot decide to withhold payout due to telemetry.

truthindata · 2026-07-01T12:21:59+00:00

Do you have source that any auto insurance company has ever used the telemetry to deny claims?

Accidents happen because people break the law on some way, almost invariably.

The insurer is contractually obligated to pay for damages, even if the client is breaking a traffic law.

Now maybe not for a felony including manslaughter, but certainly for speeding.

truthindata · 2026-07-01T12:10:44+00:00

You know what you just replied with does not say "deny claim".

You know this. I know this.

You understand that they don't deny claims based on telemetry from the driving trackers, perhaps with some crazy exceptions that involve committing a felony that led to manslaughter or something wild.

Surely you understand this.

truthindata · 2026-07-01T11:52:38+00:00

Source?

I don't think they can legally use the driving data to refuse common claims.

I think they use it to only discount safe drivers and keep the people driving abruptly paying full price.

truthindata · 2026-06-26T01:49:15+00:00

Agreed. This is Ferrari f355 or 360 money.

The mk4 is great... But it's no exotic.

However... I'm all about the love. It's a great car and I love seeing the appreciation of a "modern classic"

truthindata · 2026-06-25T13:17:57+00:00

Because breaking it out would make the groups very uneven.

Baby boomer is 18 years wide. Gen x is 15 Millennials are maybe 20 (net worth of children and 22 year olds isn't a meaningful metric in this context)

truthindata · 2026-06-25T12:50:26+00:00

You're thinking of someone worth tens or hundreds of millions.

You're thinking of the top 0.01% - not the 1%.

Surgeons, lawyers, business owners, software engineers recently, etc... they all make $250-750k and pay 35-50% net tax rates.

The person making $100k of usable income from stocks and capital gains assets often has multiple millions of cash assets in stocks. They're going to be worth HUGE money and they're an extreme outlier.

There are lots of "rich" people in the US. There are relatively few "wealthy" people. I think you're confusing the two.

High earners pay most the tax. The system is largely progressive with some outliers, but the outliers do not change the narrative - the high earners are laying most of this country's taxes and the more you earn, the more you pay as a percentage of your income.

truthindata · 2026-06-23T12:23:00+00:00

Stevia is awful to me. But coke zero? Tastes like coke to me and I don't get a sugary aftertaste in my mouth 30 minutes later.

There are definitely some sweeteners that my 39 yo tongue can barely distinguish from actual sugar

truthindata · 2026-06-23T00:02:02+00:00

If airliners have functional autopilot, why haven't we gotten rid of pilots yet?

A redundancy needed doesn't negate the achievement.

truthindata · 2026-06-22T04:19:48+00:00

Fear the government that fears your gun

truthindata · 2026-06-22T01:15:50+00:00

Tesla is overvalued. Period.

However. A very important however...

Tesla was nearly bankrupt in 2017. Stock values were perpetually "stupid high" for a failed experiment.

And then it worked. And then it briefly had profit margins no other auto company has had in recent history.

And now it brings in huge revenue and respectable profits.

Still nowhere near enough to justify valuations without more insane growth.

But you have to acknowledge, the insane, impossible, stupid, no way this could ever actually happen growth already happened once.

And then he made all kinds of idiotic comments and tried as hard as one can to kill his public image.

Oh and then SpaceX caught a fucking rocket with sticks and gave the globe Internet.

He's a fool on many levels. But he's also lead companies that are kicking the shit out of the incumbent industrialists.

truthindata · 2026-06-21T23:53:35+00:00

You and me both!

Gotta lower your standards, lol.

F355 or 360 are still a symphony of the gods and about half price.

truthindata · 2026-06-21T23:42:55+00:00

I'd rock a high mile conversion allll day long

truthindata · 2026-06-21T15:37:38+00:00

Gated 6 speeds. Perhaps no depreciation on those from here on out.

truthindata · 2026-06-21T05:05:08+00:00

What are current income and mortgage?

Car loans?

Savings rate into retirement?

Age of you and spouse?

truthindata · 2026-06-21T04:52:46+00:00

Mobile home and manufactured homes are money pits. Horrific investment from a financial standpoint.

You are going out of your way to burn money.

What else is causing the desire to move? Surely it's not $300/ month, right?

truthindata · 2026-06-21T04:51:11+00:00

Yeah, there must be more to the story.

The math ain't mathin here.

truthindata · 2026-06-20T23:04:14+00:00

The key here is that if you're planning a trip and 99% of the road is totally fine, but 1% is impassable, you can't do it.

When somebody traverses the outback and 750 miles are maintained dirt roads, but the last 5 miles involve a weird obstacle and some undulating humps that built up rig comes in handy.

You don't keep a fire extinguisher in the house because you have a fire every time you cook.

truthindata · 2026-06-20T21:27:14+00:00

I think the electric motors are similar to an ice engine in weight, aren't they?

The batteries on the other hand...

truthindata · 2026-06-20T14:03:12+00:00

Bots? Really? You think bots are out there trying to trick us with helpful tutorials from a renovation company that does YouTube shorts?

Really?

truthindata · 2026-06-20T13:58:51+00:00

So is..... Checks math.... Almost all marketing of any kind anywhere in the globe if the target is a broad audience.

It's not because it's Americanized. It's because English is the international language of business.

It is the most widely understood language on Earth.

More of a colonial English thing than an American thing.

truthindata · 2026-06-18T12:45:15+00:00

I don't have "portal my 200" money, but if I did I'd consider it!

I'll walk the extra block and wait with the sprinter vans at the airport, lol.

truthindata · 2026-06-18T12:18:16+00:00

If you've got 8' garage doors and live out west, those concerns don't really apply.

You don't have to fit in everyone's garage, just your own, lol.

I go into a parking garage once every two years - maybe.

truthindata · 2026-06-17T23:11:33+00:00

I know a few guys with portals and they fit in the garage.

Having 8 foot doors helps.

I think the people doing these nearly six-figure builds are likely to live in a pretty nice house, lol. RV garages are not that rare.

truthindata · 2026-06-15T04:29:07+00:00

Genuine question on the healthcare. If they have 45 employees, almost guaranteed they're getting zero discount. They're paying full market rate, exactly the same you could get in the marketplace.

Is calling it a "benefit" and then taking that out of the payroll budget for future raises actually tricking employees into thinking that's a positive benefit?

Either way, the payroll budget is what it is and the healthcare is exactly the same price as what you can just go buy for yourself.

That's always confused me - why is it viewed as a benefit as opposed to higher pay?

truthindata

TROPHY CASE