Every car can be different, with no retooling, because the robots can do anything. It's just software.
I think Mr. Scoble fails to account for the cost of software. A human can be trained in a matter of minutes. Reprogramming a robot can take weeks, and software engineers make a significantly higher hourly rate than a factory worker.
There are many advantages of automation in manufacturing. Robots are faster, more reliable, work in severe conditions, and have a low upfront cost. However, robots are not flexible to change. A small change in a part might require retooling/reprogramming every machine in a factory. With humans, you can gather everyone around and hold up a part and say, "Hey! This is our new steering knuckle. It goes into production tomorrow. It looks a little different than the old one, but it goes in the same way. Any questions?"
If automotive manufacturers could save a ton of money by switching to robots, they would have years ago. It's not a matter of having the technology. The major automakers have the technology, it's just isn't cost effective.
How long will the battery last? It's all great and exciting, but if one has to replace a ridiculously expensive (10,000$+) battery every 5-6 years, this is a nonstarter.
The company I work for makes profits via their business endeavors, and pays taxes on those profits. Workers receive a salary from the company, and the workers pay full taxes, even though the money "has already been taxed".
Your salary comes out before taxes. It's considered an expense, since it's the cost of doing business, and isn't taxed.
On the last page they mention the page layout was a response to all of the readers using Adblock. They note that you can pay a fee to see a single page article.
The reason they pay only 15% on capital gains, is because the corporation already paid taxes on profits. Combining the two taxes creates a total tax between 30% and 50% depending on income.
In my experience with modeling, trial-and-error will still be needed. However, it will be greatly reduced. The computer will merely provide "better guesses" for good materials. Those guesses will have to be tested, and the results fed into the computer to improve the model.
The number of trials will go from hundreds or thousands to around ten.
I think we now have real proof that life is moving too fast when the metric to measure your performance as a large hedge fund investor is now measured in single milliseconds.
What these hedge funds are doing is exploiting price differences between the London exchanges and the New York exchanges. Say the price of oil is $100.00/barrel in New York and $100.01 in London. These hedge funds will buy oil in New York and sell it in London simultaneously, making a profit of $0.01/barrel. This price discrepancy only lasts a few milliseconds before the prices balance out, making this cable valuable.
Low latency trading is big business. For a fee, you can rent rack space in the NYSE data center to ensure lowest possible latency. I have heard that NYSE has gone through great lengths to ensure every rack in the facility has exactly the same latency.
So grass clippings and newspaper may not make a dent but since about 33% of all plant matter is made up of cellulose I don't think getting the cellulose would be a problem.
Typically this research focuses on creating bio-fuel from switchgrass which grows natively in most of the United States.
I would demand all citizens with wooden guitars have their piece audited. If it fails the test, we shred the wood and put them into a giant pile. And the end, we burn the wood in a giant bonfire.
Right! What are they going to do with the seized wood? They can't make trees out of it! I understand going after a major guitar manufacturer, as their supply chain has a direct impact on the harvest of endangered species. However, if a guitar is already sold, and in the hands of the consumer, seizing it has no impact on the harvest of endangered wood.
News:noun 1. a report of a recent event; intelligence; information
2. the presentation of a report on recent or new events in a newspaper or other periodical or on radio or television.
News is by definition new. If it isn't new, then it's just information.
Actually, it sounds like the formula is:
Odds: 91,000:1
Pay out:128,000:1
As long as you buy more than 91,000 tickets, you stand a favorable chance at turning a profit.
A small detail from the fine article notes that all of these players buy the tickets on behalf of a corporation which they wholly own. Corporations pay taxes based on profits. Simply put, revenue minus expenses. They are likely writing off the cost of the tickets as expenses.
That would be $280,000 revenue - $200,000 expenses - $80,000x35%=$52,000 for three days of work.
You neglected to include the mass of the oxygen consumed in that butane reaction. Don't worry, everyone does. At 13 oxygen atoms per butane molecule, and ~16 grams per mole that's 208 grams of oxygen per 58 grams of butane for a stoichiometric reaction.
Sorry, my point is that the lithium ion battery is heavier, in part, due to its need to carry both reactants with it. Butane can react with the oxygen in the atmosphere. However, if you didn't have the convenience of abundant oxygen, like in space, you would have to carry the oxygen with you making the whole thing 4.5 times heavier.
You find that butane/propane/gas/diesel is about 45 megajoules / kg and Li-ion batteries store about 0.75 megajoule / kg. Converted energy 2.25 megajoules (3x Li-Ion) out of stored energy 45 megajoules = 5% efficiency rate converting butane heat to electrical energy using this device.
You neglected to include the mass of the oxygen consumed in that butane reaction. Don't worry, everyone does. At 13 oxygen atoms per butane molecule, and ~16 grams per mole that's 208 grams of oxygen per 58 grams of butane for a stoichiometric reaction.
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Every car can be different, with no retooling, because the robots can do anything. It's just software.
I think Mr. Scoble fails to account for the cost of software. A human can be trained in a matter of minutes. Reprogramming a robot can take weeks, and software engineers make a significantly higher hourly rate than a factory worker.
There are many advantages of automation in manufacturing. Robots are faster, more reliable, work in severe conditions, and have a low upfront cost. However, robots are not flexible to change. A small change in a part might require retooling/reprogramming every machine in a factory. With humans, you can gather everyone around and hold up a part and say, "Hey! This is our new steering knuckle. It goes into production tomorrow. It looks a little different than the old one, but it goes in the same way. Any questions?"
If automotive manufacturers could save a ton of money by switching to robots, they would have years ago. It's not a matter of having the technology. The major automakers have the technology, it's just isn't cost effective.
How long will the battery last? It's all great and exciting, but if one has to replace a ridiculously expensive (10,000$+) battery every 5-6 years, this is a nonstarter.
Yeah, I remember people making that argument when the Prius came out over ten years ago. Here we are, ten years later, and there are first generation Prii running around without battery issues.
I noticed a lot of people spontaneously combust after being doused in gasoline. Did they check that?
If you RTFA, you would know that they did.
Hollywood's newest screenwriter!
It's not a total media blackout. It's just not front page news.
The same thing happened when AT&T merged with BellSouth. The FCC made them provide DSL for $20/month.
Not to quibble but I think you mean the RJ45 connector that is at the ends of your Cat 5, Cat 6, etc.
If you want to split hairs, it's technically an 8P8C connector. You get my point.
The company I work for makes profits via their business endeavors, and pays taxes on those profits. Workers receive a salary from the company, and the workers pay full taxes, even though the money "has already been taxed".
Your salary comes out before taxes. It's considered an expense, since it's the cost of doing business, and isn't taxed.
On the last page they mention the page layout was a response to all of the readers using Adblock. They note that you can pay a fee to see a single page article.
Somebody needs to do this for CAT 5. The network cables in the conference rooms always have the tabs broken off.
The reason they pay only 15% on capital gains, is because the corporation already paid taxes on profits. Combining the two taxes creates a total tax between 30% and 50% depending on income.
In my experience with modeling, trial-and-error will still be needed. However, it will be greatly reduced. The computer will merely provide "better guesses" for good materials. Those guesses will have to be tested, and the results fed into the computer to improve the model.
The number of trials will go from hundreds or thousands to around ten.
I think we now have real proof that life is moving too fast when the metric to measure your performance as a large hedge fund investor is now measured in single milliseconds.
What these hedge funds are doing is exploiting price differences between the London exchanges and the New York exchanges. Say the price of oil is $100.00/barrel in New York and $100.01 in London. These hedge funds will buy oil in New York and sell it in London simultaneously, making a profit of $0.01/barrel. This price discrepancy only lasts a few milliseconds before the prices balance out, making this cable valuable.
Low latency trading is big business. For a fee, you can rent rack space in the NYSE data center to ensure lowest possible latency. I have heard that NYSE has gone through great lengths to ensure every rack in the facility has exactly the same latency.
My Heathkit IT-3117 vacuum tube tester still works great. When the tubes in my TV set need checking, I don't have to make a trip to Radio Shack.
You kids and your TV sets. Back in my day, we sat around the radio and had to imagine what the picture looked like in our heads!
Obviously it's a swamp-gas weather balloon manufactured by ACME.
Ahhh, one of these?
So grass clippings and newspaper may not make a dent but since about 33% of all plant matter is made up of cellulose I don't think getting the cellulose would be a problem.
Typically this research focuses on creating bio-fuel from switchgrass which grows natively in most of the United States.
I would demand all citizens with wooden guitars have their piece audited. If it fails the test, we shred the wood and put them into a giant pile. And the end, we burn the wood in a giant bonfire.
Right! What are they going to do with the seized wood? They can't make trees out of it! I understand going after a major guitar manufacturer, as their supply chain has a direct impact on the harvest of endangered species. However, if a guitar is already sold, and in the hands of the consumer, seizing it has no impact on the harvest of endangered wood.
News: noun 1. a report of a recent event; intelligence; information
2. the presentation of a report on recent or new events in a newspaper or other periodical or on radio or television.
News is by definition new. If it isn't new, then it's just information.
You are correct. GP doesn't understand how the HR world works.(or rather doesn't) To them, taking a pay cut isn't a bargain, it's a liability.
Polio has not been eradicated. Smallpox and Rinderpest are the only diseases to be eradicated globally.
This guy actually used it during a power outage.
Actually, it sounds like the formula is:
Odds: 91,000:1
Pay out:128,000:1
As long as you buy more than 91,000 tickets, you stand a favorable chance at turning a profit.
Disclaimer: I am not a statistician
A small detail from the fine article notes that all of these players buy the tickets on behalf of a corporation which they wholly own. Corporations pay taxes based on profits. Simply put, revenue minus expenses. They are likely writing off the cost of the tickets as expenses.
That would be $280,000 revenue - $200,000 expenses - $80,000x35%=$52,000 for three days of work.
You neglected to include the mass of the oxygen consumed in that butane reaction. Don't worry, everyone does. At 13 oxygen atoms per butane molecule, and ~16 grams per mole that's 208 grams of oxygen per 58 grams of butane for a stoichiometric reaction.
Sorry, my point is that the lithium ion battery is heavier, in part, due to its need to carry both reactants with it. Butane can react with the oxygen in the atmosphere. However, if you didn't have the convenience of abundant oxygen, like in space, you would have to carry the oxygen with you making the whole thing 4.5 times heavier.
You find that butane/propane/gas/diesel is about 45 megajoules / kg and Li-ion batteries store about 0.75 megajoule / kg. Converted energy 2.25 megajoules (3x Li-Ion) out of stored energy 45 megajoules = 5% efficiency rate converting butane heat to electrical energy using this device.
You neglected to include the mass of the oxygen consumed in that butane reaction. Don't worry, everyone does. At 13 oxygen atoms per butane molecule, and ~16 grams per mole that's 208 grams of oxygen per 58 grams of butane for a stoichiometric reaction.
Forgive me, my thermochemistry is rusty.