Quote:
Originally Posted by VivaLFuego
Part of the business model is also outsourcing the depreciation expense of the capital assets (vehicles), which has been estimated at something like $11 billion so far in the US alone. If you eliminate the drivers willing to acquire rapidly depreciating assets for you, who will eat that cost for the automated vehicles, which will be more expensive to purchase and maintain than a late model Camry?
|
The consumers will still do it to some extent? Think of it this way, if you own a car and work downtown you could have it drive you to work and then, instead of sitting in a garage all day where you get charged to park, you could have it Uber all day and make you money, just not as much money as you would have made driving for Uber. But you don't want to drive for Uber anyhow because you already work downtown for someone else...
Combine that with the fact that a Model 3 is designed to semi truck grade design life standards (i.e. 1 million miles) and you have an awful lot of people who would probably like to change their "fastest depreciating asset" into an actual investment that makes them money when they aren't using it.
Quote:
|
I do enjoy that all of you real estate guys are getting woke now that the SV techbros are "disrupting" your industry... eventually a sufficient swath of national public opinion will turn against this entire class of rent-seeking a-holes wasting an entire generation's greatest creative human talent on valueless endeavors.
|
What are you talking about being "woke"? Wework is a pyramid scheme, Airbnb is not, Amazon is not, Facebook is not. Not all VC funded tech companies are a scam defrauding a whole generation or whatever you called it.
Wework definitely is a scam with zero path to profitability.
Quote:
Originally Posted by marothisu
Don't believe the media BS on this. Most people put on a facade but in reality this isn't as true as you think. Talk is cheap. When the rubber meets the road, many people who say these things backtrack a bit. I've worked for 2 of the largest corporations out there, seen by tons as "The Man." Suffice to say that many of my coworkers have been hipster looking people you'd stereotype as anti capitalist complete with tattoo sleeves. Typical people living in hipster areas of Brooklyn too and fairly left leaning. Many of them. Yet they are working for the "man" and have no problems with it and when you talk with them... not as much hatred for capitalism as you'd think. I think if you came to my office, knew who I worked for, and saw the people who work here... you'd think twice about what you just said.
Tons of millennials actually love capitalism but of course sure, there's many who don't. There's also tons of people in their 60s and 70s who aren't keen on it either. So what? Although there's some traction with it and increasing, I think the amount of people who truly hate it are overstated. The increase is a reaction to what's going on right now in the world IMO. You are seeing in some ways one semi extreme reaction to another semi extreme reality/reaction.
|
I find that most political "opinions" of our generation are not genuine, but rather driven by crushing white guilt and/or obsessive virtue signaling. It's not about actually saving the environment or helping the poor, it's about quick bullshit you can slap up on social media to make it look like you give a shit. The plastic straws thing is a perfect example of this. My brother in law lost it on me when I said I recycle them anyhow and he's like "they clog the recycling machines man" and then like 8 hours later he's asking me whether I can help him replace the front door to his house with a $800 new one with a bigger window...
I'm like dude, you realize the amount of foam insulation in the perfectly serviceable 10 year old door you want to replace for no good reason is like the equivalent of 100,000 straws right?