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Cake day: September 6th, 2024

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  • People like to react that way to the idea, but it need not need be the purview of tinpot dictators. It’s good for a country to have a small amount of inflation. If your country is successful enough to maintain its currency for centuries without collapse or revolution, your currency will inevitably be devalued to the point of comedy. It should be just a reasonable thing for countries with healthy economies to do once every century or two. Sure if you do it every other year, it means you have a problem. But if it’s done only every few generations, it’s not something we should be afraid to do.









  • Why would the cost of insuring human-driven cars increase? It’s not like the risk of a human drivers will suddenly go up with driverless cars on the road. In fact, driverless cars, if they worked, would lower the claims rate of human-driven cars.

    And the insurance companies won’t pressure owners to switch to driverless vehicles. True self-driving vehicles won’t require insurance at all. If the manufacturer is completely responsible for any risk, then it’s the manufacturer that has all the liability. Your self-driving car would just have a lifetime worth of insurance coverage built into the purchase price. A world of only self driving cars is a world where car insurance companies don’t exist.