Mon, 16 May 2022 23:14:59 +0000
Tesla will expand its Full Self-Driving beta program from about 100,000 users to roughly 1,000,000 users by the end of 2022.
“we've got like 100,000 people in the beta, so it's not tiny. And we'll be expanding that to, I don't know, probably a million people or a million, I don't know, on that order by the end of the year.”
Commercial fusion power on Earth will not be economically competitive with leading alternative energy sources (such as solar and wind) and will likely be more expensive by roughly an order of magnitude in levelized cost of energy for the foreseeable future.
“I think the economic viability of fusion is a much bigger question. And I think the answer probably is that, uh, fusion Earth, infusion is not competitive economically. I think that is that is a I would say it's probably not competitive economically by an order of magnitude.”
From mid‑May 2022, the U.S. (or global) economy is likely already in a recession, that recession will worsen, and the difficult period will last roughly 12–18 months from that time before a correction completes.
“I think we probably are The are in a recession and that that recession will get get worse. ... so it'll probably be some, some tough going for, I don't know, a year maybe, maybe, you know, 12 to 18 months is usually, um, the amount of time that it takes for, for a correction to, to happen.”
At some future point, legacy batch-processing COBOL mainframe systems currently operated by banks will be fully replaced and will cease to exist in production use, superseded by a single or unified real‑time financial system.
“eventually it would all the, the batch processing COBOL mainframes operated by the banks would cease to exist.”
In the future, China’s economy will grow to at least twice the size of the U.S. economy, and possibly up to three times as large, at some point within the lifetime of people currently alive in 2022.
“what we're going to see with China for the first time that anyone can remember who is alive is an economy that is twice the size of the US, possibly three times the size of the US.”