Doesn't Uber and Lyft currently rely on..... people who own cars?
FTFY because past performance is not a guarantee of future situational stasis.
They (or a competitor TBA) will invest in cheap autonomous cars as soon as it is economically advantageous.
Still a drop in the bucket compared to most CC companies advertising budgets.
Right, an international ad buy of this magnitude and scope would be tens of millions of dollars, and its effective recognition / penetration would be fractional. Who would pay attention to a normal ad like they did this unusual story? Brilliant.
Article says he sold all his stock and mortgaged three properties to do this. That he dropped his salary as well. Sounds like he spent a few million on this PR.
Nope.
FTFA: "The whole plan will cost $1.8 million. To help cover the expense, Price cut his own pay from $1.1 million to $70,000. He’s also sold all of his stocks drained his retirement accounts, and mortgaged two properties to pour $3 million into the company. "
He sold his stocks, but not ownership of his non-publicly traded company, his primary source of wealth. His plan works, company increases in value, fails, it declines. He invested in a plan and he's net wealthier for taking the risk. Good on him.
I'm pretty sure that's the reason communism and socialism always fail on a country-wide scale.
Socialism always fails on a country-wide scale? Good thing nobody told that to any Scandinavian countries, Denmark, arguably many European countries, etc...
And Greece, don't forget Greece. If they are still actually in Europe. Heard they might leave.
He is a genius, because he bought tens of millions of dollars' worth of PR by investing a small amount of money in comparison. He took a risk, and the reward is well deserved. In a commoditized industry like CC processing, advertising could eat a massive chunk of his profit. This was brilliant. He said his fortunes would rise if it worked, fall if not.
Other companies should try it, seriously. Until it becomes old news, a major player from each industry has a window to do similarly by redirecting ad budget dollars into this type of structure.
Then again, maybe I'm misunderstanding. Perhaps they're multiply 68*2,5 and getting $170B and rounding that to $160B? But the cost of the tunnels isn't $68B, that's the cost of the entire project - even things like building the trains are included in that figure. Yet they're acting like purely tunnels are to blame.
Well, I did think it through before just hitting the button. I figured the trains and rails and wiring types of costs, the hardware, are fairly fixed no matter what. The "slippage" in the budget, the wider variables and likely budget killers, are tunnel-related issues... EPA federal, EPA State (I've heard they're pushovers in CA) other regulatory setbacks, other agency bureaucracies, local water authorities, extended borrowing costs that compound, and the seismic funhouse layer cake they're facing and have not even fully mapped yet. Almost all I could imagine struck me as determined by potential tunnel-centric, both technical and related to land use).
Show me a tunnel project that finished ahead of schedule and under budget. For that matter show me a tunnel project that finished on time, and met it's budget. It's absurd to think this tunnel will be different than every tunnel ever built in human history.
I would have used, "melange" in the submission, if I spoke what my guidance counsellor called "High School Graduate Level English You Moron".
I think I used, "crazy messed up".
New York's 11-mile East Side Access tunnel project is 14 years late and about 2.5x its original budget. If California's 72 miles of tunnels (twin tunnels of 36 miles) go like New York's, that would be over US$160B spent,
This is absurd (and not an argument presented in the article, because the author isn't a moron). You can't just act like all tunnel building costs are the same per mile, they vary by orders of magnitude. The East Side Access project is to go through some of the most valuable, infrastructure-heavy, densely populated real estate in the US and to merge into Grand Central Terminal.
OP here. And that's a fairish comment. But I balanced the density issues in the Northeast with the 7X longer California tunnel requirement and the crazy engineering through multiple seismic fault zones noted prominently in the article, then I added "IF".
I am kind of a moron though. I was just glad it did not start out with, "Noted Karma Whore and Unemployable Comic willworkforbeer writes:"
If you don't want earth to go to hell, you might have wanted to do a better job and invest more time than six friggin' days in its creation. Were you on a budget or something?
(sshh, kids... Grampa is almost finished, this is the part of his rant about how, "Heaven must be in a bad neighborhood, 'cause it needs a gate!'.")
Slashdot Mirror
Greece's problems have far less to do with socialism and far more to do with rampant corruption, fraud, and tax evasion.
So the people are rejecting socialism by acting contrary to it? Or are those just features of socialism?
Their understanding of this phenomenon is slowly... well, you know.
Duct tape. No one's abducting ducks
I beg to differ. I think there is a full length Shaun the Sheep documentary of just such an event. https://www.amazon.com/Duck-Bi...
The scourge of abducktion is quite tragic.
"Oh the, um, Inhumanity!" Hey, if it gets to international waters, can just anybody grab it?
Doesn't Uber and Lyft currently rely on..... people who own cars?
FTFY because past performance is not a guarantee of future situational stasis. They (or a competitor TBA) will invest in cheap autonomous cars as soon as it is economically advantageous.
Still a drop in the bucket compared to most CC companies advertising budgets.
Right, an international ad buy of this magnitude and scope would be tens of millions of dollars, and its effective recognition / penetration would be fractional. Who would pay attention to a normal ad like they did this unusual story? Brilliant.
Article says he sold all his stock and mortgaged three properties to do this. That he dropped his salary as well. Sounds like he spent a few million on this PR.
Nope.
FTFA: "The whole plan will cost $1.8 million. To help cover the expense, Price cut his own pay from $1.1 million to $70,000. He’s also sold all of his stocks drained his retirement accounts, and mortgaged two properties to pour $3 million into the company. "
He sold his stocks, but not ownership of his non-publicly traded company, his primary source of wealth. His plan works, company increases in value, fails, it declines.
He invested in a plan and he's net wealthier for taking the risk. Good on him.
I'm pretty sure that's the reason communism and socialism always fail on a country-wide scale.
Socialism always fails on a country-wide scale? Good thing nobody told that to any Scandinavian countries, Denmark, arguably many European countries, etc...
And Greece, don't forget Greece. If they are still actually in Europe. Heard they might leave.
He is a genius, because he bought tens of millions of dollars' worth of PR by investing a small amount of money in comparison. He took a risk, and the reward is well deserved.
In a commoditized industry like CC processing, advertising could eat a massive chunk of his profit. This was brilliant. He said his fortunes would rise if it worked, fall if not.
Other companies should try it, seriously. Until it becomes old news, a major player from each industry has a window to do similarly by redirecting ad budget dollars into this type of structure.
It's Slashdot, we spell use "funetics" (TM) based on a RNG.
You people offering to pay to launch him into space are really mean.
What with FB's new "premie-book" social media accounts, where you share your InstaSonoGram posts, and enjoy in-the-womb targeted ads for Pampers.
"Estate of 'Buck Rogers 2017' movie producer claims copyright protection to stop holographic remake scheduled for 2092."
Applying concrete is kind of an edge case for drones.
Now, applying crowd-controlling teargas, there's your growth market.
That silly embargo is still active?
Sheesh, you'd think they'd be over the hole sugar thing by now.
Lesson learned today: Don't Google search that product category while at work.
Here in Atlanta, we are spending $1.1 Billion on widening just one highway interchange".
And we no longer have a Captain Herb to report on its full-glacier-speed progress.
Then again, maybe I'm misunderstanding. Perhaps they're multiply 68*2,5 and getting $170B and rounding that to $160B? But the cost of the tunnels isn't $68B, that's the cost of the entire project - even things like building the trains are included in that figure. Yet they're acting like purely tunnels are to blame.
Well, I did think it through before just hitting the button. I figured the trains and rails and wiring types of costs, the hardware, are fairly fixed no matter what. The "slippage" in the budget, the wider variables and likely budget killers, are tunnel-related issues... EPA federal, EPA State (I've heard they're pushovers in CA) other regulatory setbacks, other agency bureaucracies, local water authorities, extended borrowing costs that compound, and the seismic funhouse layer cake they're facing and have not even fully mapped yet. Almost all I could imagine struck me as determined by potential tunnel-centric, both technical and related to land use).
Show me a tunnel project that finished ahead of schedule and under budget. For that matter show me a tunnel project that finished on time, and met it's budget. It's absurd to think this tunnel will be different than every tunnel ever built in human history.
Found it! http://www.cbsnews.com/picture...
Anyone who uses the word "melange" is a faggot.
I would have used, "melange" in the submission, if I spoke what my guidance counsellor called "High School Graduate Level English You Moron".
I think I used, "crazy messed up".
This is absurd (and not an argument presented in the article, because the author isn't a moron). You can't just act like all tunnel building costs are the same per mile, they vary by orders of magnitude. The East Side Access project is to go through some of the most valuable, infrastructure-heavy, densely populated real estate in the US and to merge into Grand Central Terminal.
OP here. And that's a fairish comment. But I balanced the density issues in the Northeast with the 7X longer California tunnel requirement and the crazy engineering through multiple seismic fault zones noted prominently in the article, then I added "IF".
I am kind of a moron though. I was just glad it did not start out with, "Noted Karma Whore and Unemployable Comic willworkforbeer writes:"
Yours had a heart? Show off.
Well, that's what I was led to believe, but I never really saw any evidence of it.
My cardiologist says women like my ex would eliminate his whole profession.
"they'll be supplying capsules containing the same active ingredients in Daraprim for $1 per dose."
But you need 750 doses per day. Dammit Big Pharma, I think I'm out and you pull me back in.
This is great! I love black humor... ;-D
My friend loves really blue humor, like off the UV spectrum. I would post an example, but it's really X-raycist.
Dear God,
If you don't want earth to go to hell, you might have wanted to do a better job and invest more time than six friggin' days in its creation. Were you on a budget or something?
(sshh, kids... Grampa is almost finished, this is the part of his rant about how, "Heaven must be in a bad neighborhood, 'cause it needs a gate!'.")
Duh. Because we know the fissures could rupture a portal and release the Kaiju. Read. Your. Bibles.