The key to spice trade is TINA - There is no alternative - in financial terms. The largest form of investment in Middle Ages had been farmland with average ROI of c.a. 7-8 percent but no guarantee (wars, diseases, crop failure). The ROI of spice trade was 200-300 percent over similar period.
So if you wanted double you capital it was either spice... See more
The KIM approach starts with an extensive analysis of traffic flows and bottlenecks. At the intersection of Vrijheidslaan β Amsteldijk it turned that the bicycle flows to and from Berlagebrug turned out to be the largest. And even the busiest in Amsterdam with 24,000 cyclists per day. Especially during morning rush hour, there was far too little... See more
On YouTube, I follow about 120 different YouTube channels... regularly, every week. On Twitch, I watch some other channels. In my Inbox I get about 25 newsletters per day, and on Feedly, I follow about 100 more sources, regularly. On Twitter, we all follow a ton of different channels. For instance, I follow The Media Briefing on Twitter. And on... See more
Sony earns a cut of the sales of third-party games on PlayStation, which of course it gets to keep with first-party games β meaning that its own games can justify very large budgets more easily, as they generate more revenue per unit sold. A further justification for taking this kind of risk on high development costs is that the games themselves... See more
The collapse of the GDR has many reasons, mostly it ran out of money during the 80s. There have been several reasons for running out of money, e.G. taking on massive credit in the 70s to produce more consumer goods and build flats (the reason Honecker was very popular after his coup against Ulbricht), which it had problems to pay back in the 80s.... See more
Internally at OpenAI, insiders say that disagreements had emerged over the speed at which Altman was pushing for commercialization and company growth, with Sutskever arguing to slow things down. Sources told reporter Kara Swisher that OpenAI's Dev Day event hosted November 6, with Sam front and center in a keynote pushing consumer-like products was... See more