Timing the market usually fails. Dollar cost averaging can give you a small advantage.
Assuming that AI follows a similar path as the .com boom… A lot of companies will go under leaving a few companies who will benefit greatly. It’s not that AI is going away. We’re just pruning the dead wood.
I agree. Home computing has a lot to offer, but it’s not for most people who never even change the application defaults. They certainly don’t want to configure and maintain home services. For most people, the alternative isn’t a privacy-centric service, it’s no service at all.
If you have a place to park it that will earn more or lose less, definitely. Putting into cash will lose at least 3% per year.
In the long run that makes sense. In the short term, they’re linked. SpaceX doesn’t have contracts to fill every launch, so they fill in the extra space with Starlilnk launches. Starlink doesn’t exist without SpaceX.
The private industry is doing everything NASA was doing at 1/10th of the cost.
They don’t have the ability to squeeze them. They are offering more launches, with fewer costs overruns, at a better cost.
We had and have a national space agency. A private company has surpassed them and is now offering launches 90% cheaper than NASA. It’s cost overruns are also 97% less. If NASA were “funded properly,” we would be paying a lot more for a lot fewer launches.
This feels similar to the shift from writing everything from scratch to the use of massive libraries and frameworks. We were shifting from a paradigm with a single developer likely knew every line of code to three years ago when developers wrote the glue that holds frameworks together, but relied on the framework devs to support and test a large amount of the code base.
The difference here is that the devs are still responsible for AI’s code instead of the support of another company. What we’re going to see are more tools to certify the safety of AI developed software. Not only will software be tested against requirements, but also a stringent default set of tests to certify it against security risks.
The next 3 years are going to be a paradigm shift in software development. Things will be a bit messy in the interim. On the other side will be a new type of developer working with very different tools.
Real estate has the potential to be cheap in 20 years as the baby boomers die leaving smaller generations to buy their larger number of homes.
Any kind of asset can be a good investment. If you have a place to store it, classic cars only go up in price and some of them are under 10K. Bonus: you get to drive them. I know someone whose 401k is mostly collectable guns (rare, 100+ years old guns). You just need to choose something with lasting value. Don’t repeat the Beanie Baby crash.