I read a book in undergrad written in 2004 that predicted 2032...so not too far off.
John Archibald Wheeler, known for popularizing the term "black hole", posited that observers are not merely passive witnesses but active participants in bringing the universe into existence through the act of observation.
Seems similar. Though this thought is likely applied at the quantum scale. And I hardly know math.
I see other quotes, so here is one from Contact:
David Drumlin: I know you must think this is all very unfair. Maybe that's an understatement. What you don't know is I agree. I wish the world was a place where fair was the bottom line, where the kind of idealism you showed at the hearing was rewarded, not taken advantage of. Unfortunately, we don't live in that world.
Ellie Arroway: Funny, I've always believed that the world is what we make of it.
Just eyeballing this, but trading at $180 gives DoorDash a market cap of $60 billion. The IPO priced it at $30 billion.
Uber's market cap is $95 billion.
Lyft's market cap is $14 billion.
UPS's market cap is $120 billion.
Delta's market cap is $40 billion.
So with this naive analysis, I assume there is a lot of potential in last mile delivery. And moving things is more profitable than moving people. Or moving things is stickier than moving people.
In general, curious to wonder how durable this trend is. Or their proprietary gifts. And the pivots they take in the future. They are capturing a lot of taste and preference data on top of logistics.
I keep reading about how the long term play to justify the valuation is moving to last-mile delivery of retail, pharmacy etc. But there is a reason that Amazon distributes out of a central warehouse - it's much more efficient than sending individual drivers to a bunch of Walgreens around the city to pick up prescriptions.
Wealth is relative to others in society. If the pie grows, I maybe better off in absolute dollars. But if the percentage of the pie I control decreases, I am relatively poorer. Comparing how much wealthier/happier/successful/beautiful I am to my previous self is niether as satisfying nor as real as comparing to those immediately around me.
I also wouldn't think a conspiracy is necessary. Just lobby to write tax, tariff, and property laws out in the open that benefit one class of people/industry more than another.
That is a self-defeatist view that encourages and amplifies the "hate the rich" sentiments in the society.
1 of 5 children of John D Rockefeller (richest man in history) died at 13 months. In the past 130 years, child mortality has decreased massively in the developed world. If that's not "real" or "satisfying" and the only achievement that truly fulfils you is beating other people, that's a fairly sad life to live.
I believe that's what humanity should strive for, but looking at a labourer making $5 a day, it would be easier for him to 'hate the rich' neighbour who makes $10 a day and can afford an Air Conditioner than appreciate the fact that he is well off compared to his grandfather or people in neighbouring villages making $1 a day in terms of health, etc.
Also the experiment of being given the choice of either getting nothing or getting $X and giving their worst enemy 2*$X. Small groups often compete against each other, "keeping up with the Joneses", and while it is a sort of hedonistic treadmill, it's an easy way to gain satiety.
I read a book in undergrad written in 2004 that predicted 2032...so not too far off.
John Archibald Wheeler, known for popularizing the term "black hole", posited that observers are not merely passive witnesses but active participants in bringing the universe into existence through the act of observation.
Seems similar. Though this thought is likely applied at the quantum scale. And I hardly know math.
I see other quotes, so here is one from Contact:
David Drumlin: I know you must think this is all very unfair. Maybe that's an understatement. What you don't know is I agree. I wish the world was a place where fair was the bottom line, where the kind of idealism you showed at the hearing was rewarded, not taken advantage of. Unfortunately, we don't live in that world.
Ellie Arroway: Funny, I've always believed that the world is what we make of it.