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š Get In Loser, It's Robotaxi Time
Driving yourself is so 2022
Gm. The Premier League season started over the weekend, and my favorite team Arsenal got things started with a dub. Is this the year we finally topple Man City? Probably not, but Iām praying for it.
ā Stephen Flanders

š FUTURISTIC
The Robotaxi Takeover Is Here

If the future is truly one of self-driving cars, then we took a big step toward that future last week.
After a six-hour hearing on Thursday, robotaxis won approval to operate 24/7 in San Fransisco.
Prove The Haters Wrong
The hearing was so brutally long because many people in SF donāt want robotaxis for a variety of reasons (this is their words, not mine):
They block roads.
They cause traffic jams.
They impede emergency vehicles.
They take the jobs of drivers.
They are run by big-tech companies that donāt care about SF.
They advance the causes of the surveillance state.
None of these concerns are new, and neither are peopleās discontent. But, obviously, the mob of angry folks was not enough to stop the robotaxi expansion.
And thatās a huge win for the industry.
A Much Needed Win
It costs about $2B to keep the lights on at robotaxi company Cruise. Competitor Waymo has spent at least $3.5B on developing its technology.
Neither of these companies has come close to sniffing a profit.
This development likely isnāt enough to get them into the green, but it sure as hell gets them closer.
And if that means robotaxi development continues, then we all won on Thursday.
An Unexpected Winner: Robotaxi companies and futurists arenāt the only people who won on Thursday. People who like getting down and dirty on their ride home are also quite pleased with the ruling.

š AI
OpenAI Is Expensive To Run

The pioneers behind the chatbot movement might be undone by their own success.
ChatGPT is wildly popular. It has over 100 million active users, and the site logs billions of visits per month. However, this popularity makes ChatGPT exorbitantly expensive to run.
But how expensive?
Try $700,000ā¦PER DAY.
Thatās a lot of cheddar.
Now, letās be clear: OpenAI isnāt at risk of imminently going under. They have the $10B investment from Microsoft, and they do pull in a bit of revenue. But the point of ChatGPT being expensive still stands, and it is something that CEO Sam Altman even called āeye-wateringā.
At this point, it looks like OpenAIās options amount to:
Building the future isnāt cheap. But if OpenAI can weather this early storm and find the formula for profitability, then untold riches lie ahead.
The Bottom Line: ChatGPT is dummy expensive to run daily, but weāre betting on Altman and co to figure things out.

šāāļø QUICKIES
What else is going on?
Tesla is now pumping out Cybertrucks.
The Apple Watch is about to get a major redesign.
Juul is working on a vape that verifies your age.
Twitter X is lowering the requirements for ad-revenue sharing.
Stat: 205 MPH: How fast Texasās new bullet train between Houston and Dallas will go. Can we please please PLEASE get one of these between NYC and DC?
Rabbit hole: The Great Inflection? (Asterik Mag)

𤩠MONDAY MOTIVATION
Hands down one of the greatest anime characters of all time.

š§ POLL
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