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Comment History Repeats Itself (Score 4, Interesting) 318

I'm old enough to remember the 70s when US automakers were left flat-footed when the Environmental Protection Act was passed, and two oil embargoes meant the rapid transition to smaller cars with smaller engines. Sure, Renault, Honda, Datsun, Toyota, Fiat, and VW were in the US selling their vehicles and they were popular but it wasn't until that first embargo and then the push for lower emissions that changed buying habits. Detroit didn't have a response and people were dumping their Delta 88s and Lincoln Town Cars at the import dealerships for Corollas and Datsun Honey Bees. By the end of the '70s US cars were a maze of rubber hoses and had anemic performance, they were junk with leather supposedly from some far-away place but instead it came from a Tannery in New Jersey.

Now fast forward to the next existential crisis pushed into political dogma and what's left in US auto production is scrambling to find an answer. So, they knee-jerk into building EVs, laying off thousands of workers, and say "We're going to go all-electric!" and they're again flat-footed. What they deliver is more of a status symbol than practical transportation. When a car like the Nissan Leaf works for most people looking for an alternative, Ford and GM are making $100K status symbols that are poor quality and can't be fixed by dealers. Couple that with an economic downturn and high interest rates and nobody can afford $1200/mo car payments in the middle class. When was the last time you saw a Hummer EV on the road? I live in Texas and on my street alone, 16 houses, there are 4 Teslas, 1 Mach E, and 1 BMW EV whatever it is. It's not a question of adoption, it's a question of value, price, and durability. Can you fix one that's been in a minor fender bender safely without totaling it over concerns that the battery may be damaged and could explode at any time? Given that risk it's no wonder that body shops won't take EVs. Don't get me started about charging networks and the Billions in US Taxpayer funds going into that hole. People on my block have their own charging solutions and don't drive over 25 miles a day in them, which makes sense for them and that's good.

That conversely drives up the price of auto insurance for everyone as well. It's a perfect shit storm. Now you have US automakers backing off EV plans because they're losing billions on them and having their boards finally step in and say "enough."

Comment Re:Will chatbots be smart enough? (Score 1) 61

At least I can understand AI, tier-1 India support, not so much.

Disclosure: I worked for a company that had off-shore resources, culturally and linguistically moving your tier-1 and even tier-2 support off-shore does nothing but piss your customers off. It's not just India, it's China and the Philippines that welcome any offshoring opportunities.

Comment We want shareholder equity but then at what cost (Score 1) 231

We used to be patient, companies like GE, Union Pacific, and Boeing were good long-term investments. Now it's "What did you do last quarter."

This puts us on a losing trajectory favoring large institutional investors who sit on boards yelling for profits.

Comment They've already been pushing you to accept this (Score 1) 90

For months you've had to opt-in to allowing them to track what you watch. I didn't opt in but now I get no recommendations even when signed in. Curiously, when you watch a video the usual suggestion of videos appears when the video is done. I wonder how long it will be before they turn that off too.

Comment Of course (Score 1) 30

It seems that the contract review and vendor selection were extremely deficient here. Hey NASA, for $2B I'll build a space refueling system for you. You'll a;sp need to pay me in advance and I'll need $1B every six mos for additional capital expenditures and resources. Of course, I won't be liable for the delivery or performance of the system and it'll take 10 years to develop.

Sign Here and deliver the $2B upfront to my account in the Cayman Islands.

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