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Hyundai to acquire Boston Dynamics

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Re: Hyundai to acquire Boston Dynamics

#231

Post by tozeur »

ajit_singh wrote: post #167

$1 billion! I understand that the valuation of a company is also determined by its earning potential but did Boston Dynamics have that so much that it justified this crazy valuation. From what I know it barely made any revenue while being in business for more than 25 years. It couldn't find a customer to produce any of its hyped robots at scale. It was clearly a loss-magnet entity for Softbank which is in a selling m…

It was acquired for the IP, not its earning potential, which in turn Hyundai would be able to monetize.

Re: Hyundai to acquire Boston Dynamics

#232

Post by efficax »

postingpals wrote: post #174

Crunchyroll acquired by Sony, BD acquired by Hyundai, Slack acquired by Salesforce... Our economic system seems to have a natural tendency towards monopoly. This is happening before our eyes and we don't even realise it.

Monopoly is inherently the tendency of capitalism because price competition forces profit margins down, meaning you can only match your earlier gains by expanding your market. The easiest way to do that is to acquire competitors

Re: Hyundai to acquire Boston Dynamics

#233

Post by viztor »

WanderPanda wrote: post #208
jandrese wrote: post #178

Earlier quoted context omitted.

In market based economies there will always be a general movement of capital to the top, because simply having money allow you to earn more money. It's a positive feedback loop. That's why it is important for an external force, which pretty much has to be a government, to tax the wealth at the top and move it back to the bottom. Otherwise the system gradually turns into feudalism by its very nature. A government that…

Thats not at all correct. In the mid to long term money will move to the person allocating it most efficiently. This of course assuming a non corrupt government. And thats where I see the actual positive feedback loop: People like you want the government to have more power, with more power there is more room for corruption/lobbyism, people demand even more government power

That's only true when people have money to allocate beyond necessities, and when they all have around the same amount of initial capital.

Re: Hyundai to acquire Boston Dynamics

#234

Post by mxskelly »

dang wrote: post #48
mxskelly wrote: post #46

Earlier quoted context omitted.

What makes you think that Tesla would be able to do that, given their reputation of not being able to manufacture cars that don't fall apart immediately upon rolling off the factory line? They kinda have to be able to build cars in the first place in order to build them faster with more robots.

Please don't take HN threads into flamewar. The GP comment may have been lightweight but this is basically trolling. https://news.ycombinator.com/newsguidelines.html Edit: you've already been breaking the site guidelines quite a bit with this account. Can you please not? Comments like https://news.ycombinator.com/item?id=25333233 are particularly not ok here.

I frankly can't see how this is inciting a flamewar. Tesla has a pretty good record of being terrible at manufacturing. I've seen innumerable comments on this site where people make similar "what makes you think that..." comments that are inciting argument. I don't see why mine is special.

Furthermore, in the linked comment, the person I was replying to did, in fact, completely miss the point of my comment and make an entirely non sequitur resposne. Will they be getting warned too?

Re: Hyundai to acquire Boston Dynamics

#235

Post by mxskelly »

tick_tock_tick wrote: post #52
mxskelly wrote: post #46

Earlier quoted context omitted.

What makes you think that Tesla would be able to do that, given their reputation of not being able to manufacture cars that don't fall apart immediately upon rolling off the factory line? They kinda have to be able to build cars in the first place in order to build them faster with more robots.

Any kind of company that can inspire these kind of comments is worth investing in I tally how many comments I run into randomly over the week and use that to determine how many more shares I should buy. Anything disruptive attracts this kind of attention and even if you don't think they will succeed it's hard to argue they are not disruptive.

So the more empty promises a CEO makes, the more valuable a company?

And they say capitalism isn't broken.

Have fun holding those bags I guess.

I swear this is the logic of a small child. Dangle some candy in front of them and they'll follow you anywhere.

Re: Hyundai to acquire Boston Dynamics

#236

Post by mandelbrotwurst »

blackrock wrote: post #94
mandelbrotwurst wrote: post #27

Earlier quoted context omitted.

Do cars count as hardware? People spend a lot on those.

Maybe someone should make a company to turn cars to vehicle-as-a-service? VAAS The first company to do this will own the market. I think Tesla was trying to achieve this.

You're describing leases.

Re: Hyundai to acquire Boston Dynamics

#237

Post by dang »

mxskelly wrote: post #234
dang wrote: post #48

Earlier quoted context omitted.

Please don't take HN threads into flamewar. The GP comment may have been lightweight but this is basically trolling. https://news.ycombinator.com/newsguidelines.html Edit: you've already been breaking the site guidelines quite a bit with this account. Can you please not? Comments like https://news.ycombinator.com/item?id=25333233 are particularly not ok here.

I frankly can't see how this is inciting a flamewar. Tesla has a pretty good record of being terrible at manufacturing. I've seen innumerable comments on this site where people make similar "what makes you think that..." comments that are inciting argument. I don't see why mine is special. Furthermore, in the linked comment, the person I was replying to did, in fact, completely miss the point of my comment and make a…

Tesla is a divisive topic with passionate feelings on both sides, and a swipe like "they [can't] build cars in the first place" is tossing a Molotov cocktail into the thread. Would you mind taking the spirit of the site more to heart? We'd appreciate it greatly. Note this, from https://news.ycombinator.com/newsguidelines.html:

"Comments should get more thoughtful and substantive, not less, as a topic gets more divisive."

Re the other person: I'd don't know which specific comment you're referring to, but generally it's not against the site guidelines to miss someone's point, or to be wrong, or to make a non sequitur. Such rules would be impossible to impose and would wipe out half the discussion anyhow (I'm being generous with "half").

If they broke the guidelines then we probably should have moderated it too, but that runs up against a different issue—we can't see everything that gets posted here, or even come close. We often don't read the threads in linear (depth-first?) order either, so a comment that appears adjacent to a normal reader might escape our attention.

If you see a post that ought to have been moderated but hasn't been, the likeliest explanation is that we didn't see it. You can help by flagging it or emailing us at hn@ycombinator.com.

https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sor...

Re: Hyundai to acquire Boston Dynamics

#238

Post by vibrio »

ajit_singh wrote: post #167

$1 billion! I understand that the valuation of a company is also determined by its earning potential but did Boston Dynamics have that so much that it justified this crazy valuation. From what I know it barely made any revenue while being in business for more than 25 years. It couldn't find a customer to produce any of its hyped robots at scale. It was clearly a loss-magnet entity for Softbank which is in a selling m…

$1B seems like a quite a bargain when you look at Tesla $TSLA or Moderna $MRNA valuations with any sort of fundamental analysis. (flame proof suit on)

Re: Hyundai to acquire Boston Dynamics

#239

Post by jandrese »

mmc4444 wrote: post #221
simonh wrote: post #216

Earlier quoted context omitted.

Most capital is invested in businesses, it's not piles of money in banks, but it's embodied in factories, jobs, products, research efforts. The vast majority fo the wealth of billionaires is tied up in the businesses they control, and that's fine. That money is doing useful work. We don't want to take it away from people who have proven they are effective leaders and managers and hand it over to bureaucrats. Let the…

> inheritance is a problem because it's un-earned wealth > Inheritance taxes should be high, without being overly punitive What's strange is that when you talk to people about inheritance tax they become instantly outraged at the idea of the government taking their money by force, yet they seem to have no problem with the government forcibly taking close to half of their salary. It's a strange paradox and it seems th…

The problem with inheritance taxes is that corporations don't have to pass their assets onto their children in order to continue existing. They're a half measure.

That said this is an issue that for some reason has a lot of poor people who would never be affected taking up the torch in support of the very same billionaires that are currently screwing them over. It's really remarkable the power of propaganda.

Re: Hyundai to acquire Boston Dynamics

#240

Post by blackrock »

mandelbrotwurst wrote: post #236
blackrock wrote: post #94

Earlier quoted context omitted.

Maybe someone should make a company to turn cars to vehicle-as-a-service? VAAS The first company to do this will own the market. I think Tesla was trying to achieve this.

You're describing leases.

No, not leases. You’d have to maintain the car yourself.

I’m describing more of a robotic Uber/Lyft, with Level 5 autonomous driving.

But not Uber, the company itself. Since we know they’re retarded, and wrote autonomous driving software that ran over a human. So we can’t trust them.

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