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If one in a million batteries catches fire per year that seems like a very rare, maybe acceptable risk.
- compared to the risk of _being_ killed by a firearm in the US of about 30 in a million persons per year*1
Apple sold > 200'000'000 iPhones in the last 4 quarters.(*2) So that would mean 200 exploding new iPhones per year.
The press would be all over it, so the real number and thus the risk must be waaaay lower.

Same goes for Samsung and the rest, of course. So move along, nothing to see here. But yes, it's funny that it happened in an Apple Store :)

*1 combining topics Apple and guncontrol, because fire is fun. https://en.wikipedia.org/w/ind...
*2 these numbers are impressive and kind of frightening. https://www.statista.com/stati...

Average price of a new car in the US is around $34K, about half of what you claim - and about 60% of the entry-level price on shipping Model 3s...

"If you want to troll you have to use some figure that sounds like someone somewhere might actually believe it. According to you the atmosphere is 100% CO2 at this point. I'm still breathing pretty well."

Heh, you're the one who doesnt know what they're talking about. Humanity produces thousands of millions of tons of co2 alone every year https://www.statista.com/stati... . If bitcoin mining did produce millions of tons of green house gases (I have no idea how much it produced) it certainly wouldn't change much let alone leave us with an atmosphere that "is 100% CO2 at this point"

Maybe make sure you know what you're talking about before you go calling people trolls.

Well, Crimson Tsunami/Caffinated Bacon is back lying again.
Here we see that China crossed America clear back in 2012.

Here we see that China's per capitia consumption continues to grow to 2 tonnes / person in 2015, while America's continues to shrink to 1.63 tonnes / capitia .

Then we see that China's coal consumption between 2013-2017, dropped 9%,
while America's coal consumption dropped 22%.
Basically, America continues to be below CHina in terms of per capita consumption and dropping, while at the same time, adding more AE per capita than does China.

270,000 downloads out of how many people with access to the Internet?

The world will have woken up when the politicians actually do something about it until then this is just marketing hype to try and get more people to read his paper. This will be forgotten about once the next human tragedy happens, and hey look school is about to start. The only reason that he got so many views is that his paper came out in the summer when the "news" can sensationalize it and even then they only managed to get 270,000 downloads (not necessarily the number of people who have read and actually comprehend the paper)

according to:
https://www.statista.com/stati...
in 2017 there were 3.58 billion, and if we make the assumption that each of the downloads was a unique person who read the entire report and understood it (so a best case scenario) we can see that only 0.007541899 % of the people on the Internet have read the paper, i would hardly consider that to be "waking up"

It's not bullshit, it's how the Federal tax credit works. With Model 3 sales increasing, they were going to ship their 200,000th car in the US in June, which would mean missing 3 months of additional tax credits for customers. They already had over 80,000 vehicles sold in the US in 2016 and 2017, which doesn't include any vehicles sold previous to 2016, or the first six months of 2018 which in july had them producing 3x as many vehicles per week as in 2017.

If you think it's complete bullshit, show your math on it. I've presented a scenario where it's past plausible.

Otherwise, your post amounts to "hater gonna hate" and adds no value whatsoever.

China and a handful of other nations have a near monopoly on the materials needed to make wind and solar power cheap

How do you come to that retarded idea?

https://www.worldatlas.com/art...
https://www.statista.com/stati...

Solar panels are made out of: sand!

No, solar panels are made of silicon and the USA produces very little of it. The kind the USA does produce is predominately low grade used in producing steel and aluminum.
https://minerals.usgs.gov/mine...

Wind turbines from carbon fiber positioned on steel masts.

And with rare earth magnets on top of those steel masts.
https://blogs.ei.columbia.edu/...

Mining rare earth metals means also digging up a lot of other nasty minerals, like thorium and uranium, that unless there is a market for them they can contaminate the environment. What on earth could we possibly do with all this uranium and thorium? I'm just tossing out an idea here, nuclear power?

The USA does not have the capacity to produce solar panels, and has limited capacity to produce windmills, without imported materials. On the other hand the USA already produces several nuclear power plants every year to supply it's nuclear powered navy. Increasing the capacity to produce nuclear power in the USA is near trivial, we need only remove the political barriers to larger production. To produce more wind and solar in the USA would take years and billions of dollars to build the plants that can turn sand into PV panels and ore into rare earth magnets.

The monopoly that China has on silicon and rare earth metals is not in the raw material in the ground, it's in the factories that turn that raw material into something valuable. Overturning that monopoly will take lots of money and time in making factories.

The entire world is relying on China to play nice for it's supply of wind and solar power. By destroying their ability to produce domestic nuclear power these nations place a very vital resource, energy, at the whimsy of China. Much of Europe is now reliant on Chinese solar and Russian natural gas for energy. If there is ever a trade dispute then I can expect to see Europe get real dark and cold.

It is also the county's biggest taxpayer, paying $56 million in the 2017-2018 tax year.

Let's see. Revenue of $229 billion for 2017 $.056 billion/ $229.23 billion = 0.02446% tax rate. Most individuals pay between 20-50% of their income (depending on the country). This is even more loony than the $200 campus. Can I buy your campus for $300 Apple -- you can make a 50% profit!

It is also the county's biggest taxpayer, paying $56 million in the 2017-2018 tax year.

On 2017 net income of $48.35 billion ($48350 million), that's a tax rate of 0.116%. Tell me again why we needed another corporate tax rate cut....

I heard Industrial and Commercial Bank of China, on 2017 net income of $45.6 billion, paid $0 to Santa Clara County, that's a tax rate of 0.000%. Man, these mega corporations are evil. But I also heard some mom & pop store in Portland paid $0 to Santa Clara County, that is also a tax rate of 0.000%. So maybe all business are evil?

Or maybe Apple's $48.35 billion net income is a result of doing business all over the globe and as a result don't pay all of its taxes in Santa Clara County?

It is also the county's biggest taxpayer, paying $56 million in the 2017-2018 tax year.

On 2017 net income of $48.35 billion ($48350 million), that's a tax rate of 0.116%. Tell me again why we needed another corporate tax rate cut....

Try and check this graph out as well... https://www.statista.com/stati...

Regarding 5G I just stumble across these interesting forecasts showing hoa Asia and Oceania are leading the race: https://www.statista.com/chart... https://www.statista.com/chart...

But I guess China and Asia in generel always have been leading the race...

Regarding 5G I just stumble across these interesting forecasts showing hoa Asia and Oceania are leading the race: https://www.statista.com/chart... https://www.statista.com/chart...

But I guess China and Asia in generel always have been leading the race...

Regarding 5G I just stumble across these interesting forecasts showing hoa Asia and Oceania are leading the race: https://www.statista.com/chart... https://www.statista.com/chart...

Regarding 5G I just stumble across these interesting forecasts showing hoa Asia and Oceania are leading the race: https://www.statista.com/chart... https://www.statista.com/chart...

Meanwhile, here in Germany, our public transport is so good, most people in cities do not even own cars anymore.

Well, let's look at the numbers, shall we?

Percentage of households owning a car:

(1) USA: 88%
(2) Germany: 85%
(3) South Korea: 83%
(4) France: 83%

Household car ownership rates in the US and Germany are almost the same, filling out spots #1 and #2. Why can't we all be as perfect as the Germans? Oh, wait, we are!

And yet the death rate by fire has steadily fallen since asbestos was banned in 1970.

I think the interesting part is that apparently e sport has existed so long already that someone can be a FORMER e sport PRO? WTF! Get off my lawn already!

Shouldn't be that surprising. Sport careers aren't exactly long unless you are playing non-physical sports like chess.
Average playing career length in the National Football League (in years)

According to the NFL Players Association the average career length is about 3.3 years. The NFL claims that the average career is about 6 years (for players who make a club's opening day roster in their rookie season).

Players with at least one Pro Bowl appearance usually have the longest career of all NFL players. These players’ careers last for 11.7 years on average

There were tournaments in Quake 1 and that was released 22 years ago. Although you could probably not sustain yourself by playing it.
StarCraft was released 20 years ago and it had a enough money involved for people to survive on winnings and sponsorship.
StarCraft 2 was released 8 years ago. Very few of those who were good at it during the first year are still actively competing.
Many of the suffers from injuries like RSI and CTS.

There have been plenty of time to create former e-sport pros.

Thanks, you clearly have a better handle on provincial finances than myself.

How does he clearly have a better handle? He didn't provide any citations or links. How do you verify what he's saying is true or not?

Looking things up myself, here are a couple links of interest on the claim that 50-70% of Ontario's GPD comes from outside Toronto

https://www.statista.com/stati...

https://www.ontario.ca/data/on...

If anything, reality is the opposite of his claim: while manufacturing and agriculture is no small part, the lion's share of Ontario's GPD comes from the service sector.

I'm not going to tell you what to think like Mashiki seems to be doing. I suggest you go look things up yourself.

Why would you think BMW and Mercedes sell 80% of their output in the US?

https://www.statista.com/stati...
"The statistic gives a regional breakdown of BMW Group's worldwide automobile sales in the fiscal year of 2017. That year, BMW Group sold some 14.4 percent of its vehicles to customers in the United States."

https://www.statista.com/stati...
"Mercedes-Benz Car's vehicle sales in FY 2017, by major country (in 1,000 units)
China 619
US 388
Germany 320"

Guesswork from 1reddrop puts Tesla's US sales at 48.6%.
https://1reddrop.com/2018/06/16/tesla-sales-by-country/

Why would you think BMW and Mercedes sell 80% of their output in the US?

https://www.statista.com/stati...
"The statistic gives a regional breakdown of BMW Group's worldwide automobile sales in the fiscal year of 2017. That year, BMW Group sold some 14.4 percent of its vehicles to customers in the United States."

https://www.statista.com/stati...
"Mercedes-Benz Car's vehicle sales in FY 2017, by major country (in 1,000 units)
China 619
US 388
Germany 320"

Guesswork from 1reddrop puts Tesla's US sales at 48.6%.
https://1reddrop.com/2018/06/16/tesla-sales-by-country/

http://www.shopliftingpreventi...
"There are approximately 27 million shoplifters (or 1 in 11 people) in our nation today. More than 10 million people have been caught shoplifting in the last five years."

https://www.iii.org/fact-stati...
"in 2017, there were 16.7 million victims of identity fraud, a record high that followed a previous record the year before. Criminals are engaging in complex identity fraud schemes that are leaving record numbers of victims in their wake. The amount stolen hit $16.8 billion last year as 30 percent of U.S. consumers were notified of a data breach last year, an increase of 12 percent from 2016."

https://www.statista.com/stati...

https://www.census.gov/popcloc...
USA population is 328 million

Say that crimes caused by poverty cost $50B/year in the US. That's $152/year per person. Not enough for UBI, but it could eventually offset part of the cost of UBI.

Those numbers are greater than the GDP of nations. In 2017 the GDP of the U.S. was only about 20 billion.

https://www.statista.com/graph...

Do tariffs have something to do with this? If they do, at what point does smuggling start happening?

The tariffs are only on trade between the PRC and the US, and since Samsung and SK Hynix in Korea have over 80% of the DRAM market, Micron's 17% probably isn't that significant. (Figures from here.)

Back in 2013, they bought Elpida. Their combined market share before the acquisition was about 25%. After, it dwindled below 20%, and is only now coming back above 20%.

Likewise, Samsung's 50.2% quarter was an outlier. They've been holding pretty steadily around 45% since 2015.

In fact, the most striking this is how the big three (Samsung, SK Hynix (Hyundai Electronix), and Micron) have come to dominate, shrinking the market share of the bit players from over 10% in 2011 down below 5% today.

And a quick googling makes me think that's correct.

Almost $10/month US.

The $3/month in Europe may be a good solution to privacy concerns there (compliance there seems to make it far less profitable).

https://www.statista.com/stati...

AAPL stock is treading air for the moment by relying on sucking an ever increasing amount of money from its steadily diminishing market slice. If you want an idea what could go wrong with that, look at 2008 wheb AAPL tanked by more than half because everybody decided at the same time that they better not risk their disposable income on nonessentials.

For now, AAPL support relies on an unbroken ten year runup of the economy, that encourages diehard fans to replace their products frequently and sink a lot of money into accessories and overpriced apps they don't really need, but that could turn south any time. Then guess what happens to this graph. Are you a betting man? Want to load up on AAPL today, hoping that Trump's worldwide trade war doesn't suddenly dry up the carriage trade?

We don't need any 2008 style worldwide meltdown to trigger that scenario, just a standard recession, which is overdue.

Weird. Slashdot ate my link tag. That's never happened before. Here's my [citation needed]: https://www.statista.com/stati...

Nuclear energy is not safe and is not inexpensive when humans are involved.

It's safe...
https://ourworldindata.org/wha...
https://www.nextbigfuture.com/...

It's inexpensive...
https://www.eia.gov/electricit...
https://insideclimatenews.org/...
https://www.forbes.com/sites/j...

Decommissioning costs are running two orders of magnitude more expensive than proponents said they would be.
* This means that nuclear is actually much more expensive than it's stated cost and that means the next generatiosn subsidizes nuclear power used by the prior generations.

That's just a lie. The Forbes article above explicitly point out that decommissioning costs are included in the price. They also point out that past cost overruns in nuclear power were often the result of poor money management, not any flaws in the technology or construction.

Securing the nuclear waste costs millions of dollars per site per year for the foreseeable future.
* This cost increases over time. What cost $6 million 10 years ago, costs $8 million a couple years ago.

Prove it.

Private insurance will not cover the risk. That's evidence right there that the risks are unknowable or larger than proponents say.
* This means citizens are on the hook for unlimited losses. Corporations and executives get the profits up front and dump the costs on citizens.

The risks are large. That's what happens with any large project. A multi-billion dollar anything will be more than any private insurance company is willing or able to cover. This is a financial risk, which again is often a problem of poor money management and not any flaw with nuclear power itself.

It has benefits for CO2 but we sail thru the 2 degree celcius increase about 2024. Nuclear plants wouldn't be done for 20 years.

Mean construction time for a nuclear power plant is about 7.5 years, though many have been completed in 3 years. Just because the TVA took 42 years to complete a reactor at Watts Barr does not mean all reactor projects are doomed to take as long.

The public hate them.

That's changing.
https://www.statista.com/stati...
https://www.thedailystar.net/o...

I've seen people flip on their stance on nuclear power right before my eyes when I point out that Fukushima was older than Chernobyl. We don't build nuclear reactors like Fukushima and Chernobyl any more. People understand this. You can complain about nuclear being unsafe, too expensive, and so on, but that's technology from 1980 if you are lucky. I can make wind and solar look bad too if I'm taking state of the art from 1978 and compare that to modern nuclear. Should I base my car purchases from what I learned by reading Unsafe At Any Speed?

I could see using Nuclear only in extreme lattitudes where alternative energy is less practical.

Then you need your vision checked.

Around 87 million albums sold in the US in 2017. At an average price of $14.99, that's around $1.2 billion in revenue. BestBuy did $40 million? That's a pitifully small number for the industry as a whole, especially given the number of BestBuy stores (1000) - that's about 200 CDs a month per store, at best.

The last time I looked at CDs in a Best Buy (about a year ago) the selection was shit. You can't sell something that you don't have.

Around 87 million albums sold in the US in 2017. At an average price of $14.99, that's around $1.2 billion in revenue. BestBuy did $40 million? That's a pitifully small number for the industry as a whole, especially given the number of BestBuy stores (1000) - that's about 200 CDs a month per store, at best.

5 total in Indonesia. That's how many HD stores that there are within 30 miles of me in Indiana :)

Cool, so you admit that people are buying Harleys in Indonesia now? And that Harley Davidson is better off by having access to international markets?
Nearly 40% of HD sales are international. Or do you think HD would be better off with a 40% drop in sales?
How about Boeing? Or Apple? Or Caterpillar?

But Samsung had a hard time selling their smartphones until they copied Apple. The End.

Samsung has held a large chunk of the smartphone market since 1999. Their recent increase in their market share (2008-2013) coincides with Nokia's demise.

I'll believe you when your source is not paywalled.

Oh, BTW: Nokias demise coincides with them not being able to bring out a phone to rival the iPhone and it's clone android.

PS:Samsung invented suing over stolen phone designs

But Samsung had a hard time selling their smartphones until they copied Apple. The End.

Samsung has held a large chunk of the smartphone market since 1999. Their recent increase in their market share (2008-2013) coincides with Nokia's demise.

"When did first person shooters became "video games for children"?"

When they look like cartoons with less believable physics than a Roadrunner cartoon, you lisping toothless mongoloid?

PS: Nice crammar, Chris. In fine form tonight!
PPS: Video games are for children by definition. You're an adult. Time to DO, not play! Oh, but the only "do" you understand you flush down the toilet every morning.
PPPS: https://www.statista.com/stati...

You're a bit long in the tooth, if you had any, for that silly animated brain dissolver.

Twitter is making over $2billion in revenue a year, which raises the question, how are they able to spend most of it running their little website.

In any case, I was going to blame Trump for this growth, but it seems that's not the case. Revenue has been mostly flat since 2015.

Right now, China is trying hard to control Cobalt by buying up mines all over (like they did with REMs) and spreading lots of lies.
BUT, The Phillipines, along with Canada and Australia, all have plenty of Cobalt to last another decade for all batteries. IOW, if they took over 100% of all cobalt mining, they would still have an easy 10+ years. So, even with China trying to control this, they really can not. What is HAPPENING is that China is manipulating the stock prices and only idiots will buy into this garbage.

Distribution of AMD and Intel x86 computer processors worldwide, from 2012 to 2017, by quarter

Intel: 77.7%. AMD: 22.3%. Intel sells 3.5 times as many CPUs as AMD.

In the short term, that's the way it is. But the DRC produces under 60% (still too much) of the world's supply, not 100%. Most other producers just make cobalt as a byproduct of copper and nickel.

Cobalt has other uses, pigment, alloying steel, 'superalloys' and matrix for tungsten-carbide. https://www.statista.com/stati...

8800 metric tons/year in the USA, 'Batteries' didn't even make the chart for end uses in 2015.

I agree, the DRC haven't started any world wars. We should just continue watching the Europeans, closely.

Still no evidence, or timeline. Almost as if you don't want the evidence examined.

https://www.statista.com/stati...

https://www.weforum.org/agenda...

Your paywalled examples don't appear prominently in these lists. So by your own metric (time spent) , we are far from being in a paywall internet business environment.

If we talk about nerd sites : /. , reddit , wired are free . Stack* sites have a declared policy of not minding even if users block ads.

You do realize that this disclosure means he loses money if TSLA succeeds. Its equivalent to saying 75% of my net worth is invested in TSLA shorts.

I have neither a long nor short position on the company. I have posted numerous times here on slashdot that I think TSLA is good company but a terrible stock. It's ludicrously overvalued but it isn't a good short candidate either because the pricing isn't even vaguely rational so it's difficult to predict when it might come back down to earth. I wouldn't touch that stock with a barge pole, long or short.

Its manufacturing, not rocket science (that's SpaceX).

Amusing that you think manufacturing isn't the difficult part of rocket science. Your condescension towards manufacturing pretty clearly shows you know nothing about the subject. Manufacturing a device like an automobile at scale is actually one of the most challenging activities known to mankind.

I'm sure they will figure it out, what the GP hasn't figured out is that ICE car companies can't make EV batteries and haven't even bought the land to make a battery factory yet.

Apparently you are unaware that Tesla is partnered with Panasonic which is the company actually doing the heavy lifting on Tesla's vaunted gigafactory. You know, Panasonic aka the largest battery manufacturer in the world. Please note that Tesla is not on the list of largest battery makers. Panasonic provided most of the funding and operational expertise on the project. If you think companies like GM cannot find a similar partner you are mistaken. (GM gets their batteries from LG in case you wondered)

that the only way to make a car at an attractive price point is to own your own battery factories and invest heavily in battery R&D.

Or to just buy a company already doing that. There are LOTS of companies making batteries and investing it battery R&D. It's not clear that Tesla has any insurmountable advantage here though I agree that their strategy is a sensible one.

In the US, corporate profits for 2017 were around 6.8 trillion dollars*, 1% of that would be 68 billion. Divided among the 325 million residents of the US, each citizen would receive around $208. Personal income was around $16 trillion** (a lot of that is the aforementioned corporate profits, but we'll double count them for now), that would add anther $492 to the tally, so your scheme would result in a UBI of around $700. I don't know about you, but having $700 extra per year wouldn't change my lifestyle at all.

* https://tradingeconomics.com/u...
** https://www.statista.com/stati...

Yes, they do.

While you are certainly correct that pot is incredibly unlikely to be helpful here you veer into some pretty heavy scare tactics that dont have a lot of truth to them.

"". In addition, buying drug on the street is very dangerous because you do not know exactly what you are buying (a pharmacology professor of mine proved this in the 80s) - even marijuana can be laced with even more dangerous substances [americanad...enters.org]"

For starters, medical pot is legal in more states than not so why are we assuming the purchase would be illegal? After that, a small amount of critical thinking quickly brings up the question, why would some one selling weed spend money lacing their product and not tell the person buying? Your own link even states there's no data on the subject.

Here's a nice snopes link debunking the latest panic of fentynal laced weed: https://www.snopes.com/fact-ch...

"And stop claiming that marijuana is harmless. I see too many people land in our ED as a result of this type of self-medication."

While, much like drinking, there are those who will do truely stupid things while high pot is far safer than every day activities like sober driving or manual labor professions.

While you are certainly correct that pot is incredibly unlikely to be helpful here you veer into some pretty heavy scare tactics that dont have a lot of truth to them.

I'm sorry, what scare tactics did I refer to? I have not referred to any well publicized and likely misleading sources used by the war on drugs - I have not referenced the usual claims of lowering IQ or as a gateway drug even though it is reported in a peer reviewed journal. I specfically avoided such sources because I knew someone would attempt to discredit them. What I have given you is clinical experience (19 years now) of issues that I have encountered with actual patients that I have treated. I have had people so strung out on drugs that they failed to recognize a decline in their health that made their condition worse. I have stuporous individuals who have serious medical derangements that we could not determine from their history (they weren't able to talk or were exhibiting paranoia) or from physical exam (they were so out of it I couldn't get they to react to any exam or they refused to cooperate with the exam) Related reference here. It is still illegal to drive after using marijuana in Colorado and California.

In addition, buying drug on the street is very dangerous because you do not know exactly what you are buying (a pharmacology professor of mine proved this in the 80s) - even marijuana can be laced with even more dangerous substances [americanad...enters.org]"

For starters, medical pot is legal in more states than not so why are we assuming the purchase would be illegal? After that, a small amount of critical thinking quickly brings up the question, why would some one selling weed spend money lacing their product and not tell the person buying? Your own link even states there's no data on the subject.

Here's a nice snopes link debunking the latest panic of fentynal laced weed: https://www.snopes.com/fact-ch...

While an increasing number of states are allowing "medical marijuana", there are very few registered patients in most states (

Apple could easily use Intel chips if they were willing to do it. 92%+ of the PC market is Windows and Intel, Apple is the small 7% of the market. Market's "mass quantities needed" are actually quite small compared to Lenovo, HP, and Dell... This is about Apple making the Mac platform an "oh yeah, we have those things too!" priority. It's iOS, iOS, iOS and then... Oh yeah, OSX I guess.

The government outspends any company hundreds to one in this area

That's 100% false.

https://www.statista.com/topic...:

Oil (and gas) companies are among the largest corporations worldwide. Among the top ten companies worldwide based on revenue, six are in the oil industry. In 2016, Anglo-Dutch giant Royal Dutch Shell reported almost 234 billion U.S. dollars of revenue. Thus, Shell was the third-largest company worldwide based on revenue in 2015. ExxonMobil from Irving, Texas generated a revenue reporting some 219 billion U.S. dollars in 2016. However, ExxonMobil claims the highest market value within this industry, as well as having the second-highest market value of all companies worldwide in 2015.

https://www.nationalpriorities...:
In fiscal year 2015, the federal budget is $3.8 trillion.

So, no, the fossil fuel industry is probably larger than the entire US budget, making your statement 100% false.

Your statistics did not address the expenditures for climate change research in any way. They are a meaningless comparison between the gross revenue of oil companies and the total US federal budget.

Try reading the income statement for Exxon Mobile and learn the difference between gross revenue and net income. https://www.nasdaq.com/symbol/...

In 2015 Exxon Mobile gave about 8 million dollars to public policy and policy research groups of all kinds
http://cdn.exxonmobil.com/~/me...

The US government 2014 budget for climate change expenditures was over $21B
https://obamawhitehouse.archiv...

The government outspends any company hundreds to one in this area

That's 100% false.

https://www.statista.com/topic...:
Oil (and gas) companies are among the largest corporations worldwide. Among the top ten companies worldwide based on revenue, six are in the oil industry. In 2016, Anglo-Dutch giant Royal Dutch Shell reported almost 234 billion U.S. dollars of revenue. Thus, Shell was the third-largest company worldwide based on revenue in 2015. ExxonMobil from Irving, Texas generated a revenue reporting some 219 billion U.S. dollars in 2016. However, ExxonMobil claims the highest market value within this industry, as well as having the second-highest market value of all companies worldwide in 2015.

https://www.nationalpriorities...: In fiscal year 2015, the federal budget is $3.8 trillion.

So, no, the fossil fuel industry is probably larger than the entire US budget, making your statement 100% false.

There are still shops that use cobol, but no one starts new projects in that language
Of course they start new projects in COBOL.

It's important to remember that there are an order of magnitude more programmers now than there were in the days cobol was popular
Yeah, most people don't think about that.

According to this: https://www.statista.com/stati...
The Android app store has about 4 million apps, the Apple one about 2 million. Obviously many apps are super simple. But assuming you do something decent an App easy will have a few 10,000 lines of code. And that are only Apps, no one is really counting how much lines of code in house software developers create for stuff that is never used outside of the organization

I guess we have a significant increase of lines of code written per year. Even if it is only 2% it doubles every 35 years.

What blinders you wear.

The economy saw continuous and substancial growth under Obama ( https://www.statista.com/stati... ). The massive economic crash prior to him getting elected is the source of his poor numbers on things such as unemployment. Our current situation where the economy is finally showing some strength is due to all the growth under Obama.

I don't need a link...

Or a brain, it is wasted on you.

yeah obviously I am the one that needs a brain https://www.statista.com/stati... , you are the one that gave that link that proved yourself wrong. you came up with a stupid number for lifetime of phones and now try to defend it or deflect it.