Not anymore for most pilots. Pay has skyrocketed.

That thankfully isn’t true anymore. Pilots are now very highly compensated from the jump.

Found the person who doesn’t own a Tesla.

My Tesla did monumentally stupid things on the regular on autopilot. Like phantom braking. It would slam on the brakes while doing 65 on the highway because of shadows. You’d be flying over my hood in your bike.

The max bracket starts at $693k for married couples filing jointly. The vast majority of couples making $1M-10M are not running that that income through an LLC and shuffling into trusts and businesses. That definitely happens - not with ordinary income, which is what those tax brackets are for. It predominantly happens with people putting assets in trusts (i.e. stock). There are ways to play games with ordinary income, but it’s much, much harder.

I did not say they should get paid 100s of times more. In fact I said the opposite.

But it’s not a leap to imagine someone who manages people has an outsized impact (on average) on the performance of the business relative to the people they manage. They set direction and goals - and while it isn’t more important than the individuals doing the work to achieve the goals, on average it has a larger impact.

Cushy office job or not, managing people is a shit ton of work, work you don’t have as an IC. It’s work that is often done after you do your day job. There are shitty managers just like there are shitty ICs, but if you’re talking in generalities, the percentages are probably similar.

They are probably still a little low - but there’s a giant gap between $400k and $200M.

If you believe that a lot more lower level people should make $150-200k, their manager should probably make more, and their manager should probably make more, and their manager should probably make more, and the CEO should probably make more and all the sudden there isn’t a wide enough gap to pay those people more. Would you want to manage a bunch of people for $5k/yr more?

Money that isn’t paid to employees is paid to shareholders or squandered on stupid stuff.

Their CEOs should make more, and their regular employees should make more.

They had the 100k warranty long before the theta engine debacle.

Their expected reliability is lower.

Would love some sources!

I mean, this is kinda the free market at work? Nvidia built and dominated a market, and AMD and Intel are pouring billions in to give people an alternative which will drive prices down?

nvidia is a US company. They are subject to ITAR regulations.

They need non-Chinese IP to build their GPUs and fab them (ie EUV tech and TSMC to fab).

China is a big market, but still smaller than the US and Europe by quite a bit.

It also benefits the upper middle class. And middle class in HCOL areas.

It should be adjusted based on cost of living.

Making $150k in NYC is like making $50k in middle america.

Because it’s a government device, and account, they may not have that ability. The government could set the cap, I’m sure, but then if you really do need the data and have to call IT….

Of course not. But none of that changes the fact that your taxes, in part, pay for what the government spends money on.

For state taxes, where the states don’t control monetary policy, it’s even less true. But it’s not really true for the federal government either.

Everyone who is paid in USD or pays in USD, in addition to people who pay taxes, pay for whatever we spend money on in one way or another.

It’s not a gotcha. Nothing was got. It’s just an absurd thing on the face of it. That while technically correct (in the sense that dollars are fungible) your dollars given in taxes will make up a percentage of total dollars spent this year by the federal government, and thus, you are paying for whatever they are doing. Along with other people.

I mean this is a cute clever thing that sounds smart that isn’t.

The government pays for things. The government funds that through monetary policy that includes printing money, as well as raising money via taxes. Whether the government deletes a dollar you give them and prints another dollar vs transferring the dollar you gave them into their spending budget is super irrelevant.

It’s functionally the same and either way, your tax dollar, whether “deleted” and replaced or transferred is still your proportional allocation of funding.

This is real “I am very smart” vibes.

That’s what causes inflation. When you print more than you delete, at a rate faster than total economic growth.

He mostly made rich people a lot of money. They are probably up overall on FTX.

I would bet most of the employees they want aren’t the ones they let go, but probably a lot more who went somewhere else of their own volition.

Lots of good employees leave because even with a great boss, if your boss isn’t getting promoted, you might not have a path for promotion without lateraling into something you don’t like, with new people and new relationships who might be worse.

If you’re going to do all that, you might just do it in a new company.

It’s always easier for companies to richly reward new hires vs existing employees.

lol WeChat who has a defacto government granted monopoly in exchange for all customer data being given to the government is going to drive the innovation?

There are many places things get done for refurbishment of seats and interiors - lots in China.

All places doing heavy C and D checks are FAA certified, for US registered airlines regardless of where they do the work.

https://airwaysmag.com/abcds-aircraft-maintenance/

Delta Techops does lots of work on their own planes and others.

Small airlines won’t be able to afford to run their own heavy check facilities and will certainly outsource.