An Energy Star certified electric range will consume around 200 kWh per year. Even at California-level rates it’d be less than $10 a month to power it.
And induction, which of course is electric as well, would be cheaper still.
The furnace or heat pump is a much larger energy consumer than the stove. Complaining about gas stove bans is just a distraction from the much larger prize of heating fuel demand. People can see and feel their stove. They don't think about their furnace much except when they get their natural gas bill or it stops working. Gas utilities are afraid of a death spiral of people switching to all electric appliances, infrastructure costs being spread over a smaller customer base, which incentivizes more people to switch.
Leaking gas pipelines cause a disproportionately large amount of greenhouse gas emissions. It's much more efficient and environmentally friendly to pipe gas to a combined-cycle gas turbine power station and then move the electric power to people, than to run an electricity grid anyway and also thousands of miles of aging and leaky gas pipelines so that people can burn gas inefficiently in their homes (with most of the heat wasted into the room and out the window/fume-hood).
Perhaps. I think it’s perfectly correct English, personally. If you’re American then your grammar rules might differ, I don’t know…
“Whereas” can be used at the start of a sentence to introduce two contrasting clauses - in this case the first being his own statement, and the second being my rather more cynical money-based reasoning for his continuing wonderful personality.
Little on offer but cults these days. Take your pick. You probably already did long ago and now your own cult is the only one you'll never clock as such.
Yeah, I mean there's a chance they're wrong and some chance they'll eventually be right. At this point it's clearly impossible to say for sure what the outcome might be. There were plenty of people in 2005 saying there was a housing bubble in the making and plenty of evidence that they were wrong. Were they right but too early? Were they wrong on fundamentals but happened to have guessed right? We could be seeing something similar here where the nay sayers are right for the wrong reasons, or they're simply haters whose desires may align with the eventual outcomes. Or not.
There were also people who said in 1999 that there was an unsustainable bubble of "internet" businesses. And they were right. The bubble burst, and the internet still went on to change the world
No doubt there's a lot of stuff right now that's completely overvalued, and companies that try to do things that the technology just isn't ready for yet. Those will eventually be culled, either one by one or all at once in a big burst. But for the way AI changes industries and our lifes that will only be a speed bump
This is essentially what I’m saying. More succinctly, you can be right or wrong about a macro trend but your correctness is probably more time-boxed than people expect.
I remember reading this for years before the dot com bubble imploded, years before the housing bubble impoded, and months before the market woke up to the fact that COVID existed. (At least governments decided to print that last one away.)
On a more serious note, the fundamental issue in the first two crashes was that the markets stopped being able to rationally price things. My view is that this doesn't always mean there will be an immediate crash. It just means that when the inevitable downturn does happen, nobody will be able to figure out the correct pricing for anything -- and so a correction turns into a catastrophe.
yeah man, children being permanently maimed in 19th factories during 20 hour shifts, children using chat bots and subsequently (and therefore causally) getting bad grades... who can even begin to tell the difference??
A hypothetical scenario, but what if the consequences are a severe drop in overall intelligence? There is a conflated sense of "knowing" that comes from these tools.
AI that teaches you? Cool, it is great you learned. But generative AI giving you full essays you can hand in without even learning a topic? It's not difficult to see how this could have negative impacts.