Could a $30,000 robotaxi generate $52,500 in annual fares? Here's the math:
20 rides/day × 5 miles/ride × $1.50/mile × 350 days = $52,500 annual revenue
If half goes to operating costs, you're left with $26,250 to recover the vehicle investment. A $30,000 Cybercab pays itself back in roughly 14 months.
That's the bull case. Reality is messier — financing, taxes, platform fees, depot costs, and R&D all take a cut.
For riders, a 5-mile trip costs $7.50 before fees. Compare that to a $15 human-...
Anthropic Researcher Quits, Warns AI Could Kill Us All
An Anthropic researcher resigned, warning on X that AI could kill everyone by the end of the decade, a claim compared to the plot of The Terminator.
If people inside the companies building AI privately believe it could threaten humanity within years, what obligation do those companies have to slow down? Who decides when the risk of continued development outweighs its potential reward, and should that decision rest with company insiders, go...
#usaugustppiriseslessthanexpected
🚨 US August PPI Wasn’t Cooler Than Expected: Here’s What Markets Missed 🚨
The screen flashed, traders paused, and for a moment the inflation story looked like it might finally be cooling. Then the details landed, and the picture became much less comfortable.
August U.S. Producer Price Index rose 0.4% month-over-month, matching expectations, while annual PPI accelerated to 5.4%, above the 5.3% forecast.
The headline hides an important split. Core PPI, ex...