They don't have to do that today, though. Remember original Google? Or original Gmail? Neither had prominent ads for the first few years, a couple decades later the ads are everywhere.
OpenAI isn't burning through tens of billions of dollars every year on its free tier for charity. It will dial up the advertising knob (and every other knob) to 11 the moment the cash starts to runs out.
How is it different than Google Summaries or AMP or any of the other ways Google tried to keep people from actually visiting the websites that drive all of their traffic.
I usually do the same, but not always. And I believe clicking through is a behavior of a minority of people and interactions, judging by the click through rate drops sites have seen recently. (On mobile at the moment, so apologies for not grabbing a source for the rate drops sites.)
Prometheus definitely stood out.
If they can do what they advertise, states could start implementing carbon taxes per gallon on the current gasoline to make the 'CO2 neutral' gas the same price or less.
Agreed. I worked at Sears in college (~15 years ago) loading dock/warehouse. It was a great job at the time. Good pay, plenty of hours, and generally good managers. The downfall of Sears had very little to do with wages, but Amazon crushing all brick and mortar stores.
We were dependent on foot traffic, and sales flyers in the Sunday paper - things that don't do much today.
IMHO Sears would have an opportunity now if they hadn't sold off their brands. Cobranding (for instance) Anker products as Craftsman would have me buying it there instead of Amazon for one reason: commingled inventory and fakes.
the mismanagement of the craftsman brand will one day be a case study in all business schools. It is incredible how much I spent on tools with them over the years, and incredible how I'm not even sure where to buy them anymore.
IMO, the biggest mistake Sears ever made was NOT buying Home Depot when they had the chance.
True. Amazon, and ecommerce in general, took off because they beat old retail in prices and inventory. I can buy a pair of shoes right now and have it delivered for free in 12 hours. The margins web stores operate on are razor thin. Efficiency is king.
Would it make sense to combine California's ability to produce solar and need for water? Build solar plants that run during the day that power desalination plants that fill reservoirs in the western mountainous area which then releases the water at night downhill to the main canal system while turning turbines on it's journey?
A fine isn't going to hurt Wells, especially when it's about two weeks worth of profit.
If you want to teach a bank a lesson, you have to hit their business model. If after a fraud is uncovered regulators instituted restrictions to account openings instead of fines, you would see change. For example, if Wells wasn't allowed to open a new account - of any kind - for six months they would start to lose customers - and bankers - to institutions without restrictions. That would change the industry.
When I was working as an accountant, computers were depreciated with a three year life. It's important to understand that an assets useful life often exceeds it's depreciation schedule. If an asset is sold after it's fully depreciated, it's just recorded as a gain.
Not an issue of supply, just regulation. It's significantly more difficult to start a bank today than 5-10 years ago but not impossible. Provisions in Dodd-Frank actually insulate current banks while raising the standards to start a bank.
Also - charters are issued at the state level, but not without the blessing from the Fed/FDIC.
Founder/CEO TrustEgg - For most families the only option they have, or are using right now, are savings accounts which over time will lose to inflation. We offer a way for accounts to receive a market rate of return.
As for pricing, an adviser based 529 plan is going to add an additional 1% to the management fee, or ~6% load on deposits.
Your comment is very misleading. Families can invest in any of the same investments you do, directly via Fidelity or Vanguard, and save an enormous amount in fees. You may add value by being a nicer UI/wrapper around these existing services, but at least be honest about that and what your customers are paying for.
Founder/CEO - TrustEgg - We eliminate the minimums. To open a Vanguard 'Wellington Fund' account - you would need $3,000.
Also when purchasing, or making a trade, you are usually going to pay a fee.
