Why is a Bitcoin valuable? While almost all concede that shared faith -- or what I would term "Brand" -- is a major component of all currencies, there has been much debate over whether there are more intrinsic values that can keep the currency or token valuable, or get multiplied by brand to even higher value.
Today I attended the launch of the Alef, a new e-VTOL vehicle that drives as well as flies. Most so-called flying cars don't actually drive, and there are reasons for this, but Alef thinks the advantages outweigh the disadvantages.
I've been friends with Alef since 2018, though I have no stock, so here's my report on the issues in their design and launch.
This happens because many small towns face migration of their population to big cities. As population drops, houses get abandoned. These can become a blight on the city, possibly worsening its decline. To stop this, the cities seize the houses and give them away -- with some big catches.
I recently did an episode of the Breaking Banks/Futurist Podcast. We go over many topics, and I hope you will like it all, but in particular I delve into two topics I have yet to complete my writings on. The first is my model of the great tribal war between the Keens (future-loving, more secular, liberal) and the Stewards (Past defending, less secular) which the Keens will win but are being dicks about.
The instinct of many transportation planners is to make "smart infrastructure," and to try to make plans for it going out 30 years. That's impossible, nobody knows what smart will mean in 5 years. The internet solve this problem, and grew by making the infrastructure as stupid as possible, and it revolutionized the world. The internet teaches lessons for how all infrastructure planning must go in the future -- keep the physical as simple as possible, do everything in the virtual, software layer.
This weekend I went to the finals of the GoFly prize, a Boeing sponsored contest for personal VTOL flying machines. Sadly, nobody was able to build one that could meet all the requirements in the rules, and only a few of the contestants could even fly. That was disappointing, but then so was the first Darpa Grand Challenge.
Most of the world was wowed by the Google Duplex demo, where their system was able to cold-call a hairdresser and make an appointment with her, with the hairdresser unaware she was talking to an AI. The system included human speech mannerisms and the ability to respond to the random phrases the hairdresser through back.
The primary purpose of the city is transportation. Sure, we share infrastructure like sewers and power lines, but the real reason we live in dense cities is so we can have a short travel time to the things in our lives, be they jobs, friends, shopping or anything else.
Sometimes that trip is a walking one, and indeed only the dense city allows walking trips to be short and also interesting. The rest of the trips involve some technology, from the bicycle to the car to the train. All that is about to change.