Absolutely. A big part of the western Ukrainian defense was solely to drain the Russian military apparatus and drain they have. It will take Russia decades to rebuild their fighting force. Now Russia and China are doing it right back to us and the intelligence gained from this conflict is extremely valuable. Come to find out the US has been sitting on ego in its military more than actual might. The previously untouchable machines of war in the sky are now very much touchable. All that's left is for them to sink a battle ship. If Iran can shoot them down, you can bet China can inflict exponentially more harm. Drain our intercept missiles, destroy radars, corrode relationships, etc. At this point, China has the world on a silver platter if they want it.
Russia has rebuilt their military, which was neglected at the beginning of the war. The Russian and Ukrainian armies have adopted to drone warfare, which the rest of the world lags behind.
They haven't rebuilt the manpower. They've lost no less than a few hundred thousand fighting age men over the course of the war. It will take them 20-30 years minimum just for those births to occur and those newborns to make it to military age.
In case you haven't been following Ukraine, that's what it's doing. It has multiple cheap long range drones (FP-1, FP-2, etc) plus more expensive ones (FP-5), and it's making them in the millions a year, I think.
They just took out 40% of Russian oil export capacity.
no, the million or two is small battlefield drones, mostly quadcopters carrying an RPG warhead or similarly sized payload. The long range drones - and they carry only relatively small, like 20-50kg payloads - are well under 100 thousands. FP-5 was declared 1 per day half a year ago. By now i think we've seen may be 10-20 such missiles used - they use real turbo jet engine, there isn't much of them available, and they are expensive.
>They just took out 40% of Russian oil export capacity.
Yes, Ust-Luga and Primorsk. Very successful hits. Painful for Putin. Yet it isn't a knock-down. Russia is like a big drunk guy in a street fight - just delivering painful blows to him doesn't help, you have to deliver a knock-out blow, and unfortunately Ukraine still seems far from it.
That works for Iran because US air-defense is still comprised mainly of advanced and expensive systems (like the Patriot). It doesn't work as well in Ukraine or Russia because both have figured out drone interceptors quite well. Both countries do the type of attack drone clustering you suggest. I read somewhere that a strike like from Russia that might include 60-70 drones + ballistic missiles in the hopes that one or 2 get through.
you miss that i was talking about 650km/h "drones" (because, yes, it was already 3rd year of war, and 200km/h drone like Shahed became much easier target - this is why Russia has started to also use the 600km/h modification of Shahed with RC jet engine). There is related discussion under that comment addressing your point about interception.
>Both countries do the type of attack drone clustering you suggest
Ukraine still isn't completely there. They do attack Russia with up to 200 drones/day. They seem to never cluster more than a few, and the drones they are using are comparably small - 50kg warhead - and slow, 100+ km/h, almost always less than 200km/h. So they are easy to intercept/shoot down, almost never penetrate Moscow air defense, and do noticeable damage only when hitting flammable targets like oil/gas industry related.
I am considering the same. Of course this happens to be a bad time to sell with the Iran war. Maybe we finally found the real reason for the war (only 90% sarcastic).
The question is what can we do about it? Nasdaq finalized these rule changes already. It seems like this got rammed through and now it is happening. And I don't expect Trump's corrupt SEC to do anything about it. Who else can we appeal to?
So far only the Nasdaq-100 has gone along with SpaceX's special weighting chicanery. The biggest fund which tracks the Nasdaq-100 is QQQ. Suffice to say, if you have money in QQQ you should be re-considering that position.
You can praise the technological achievements while still thinking the underlying business is trash. Plenty of horrible companies have generated great advances, but your money in them before mine thank you very much.
because its not accurate. they're milking the market. not dumping on the market.
they're only (sic) going for 75 billion. with an evaluation in the trillion mark.
This is just more speculative investment. you'll see this again in another year or so with a bigger evaluation on it... it's how the modern economy now "works".
maybe it's the histrionics? Thse personalities are inevitably inflating their own balloons in order to cash out, but that doesn't mean the reality is these companies are worthless. The downvotes come from comments like "OpenAI is trying to dump their garbage". At best that's a silly thing to say. We can argue "fair market value" but it's not zero.
What is the fair market value of an AI company that loses >$10B/year? Of course they have assets that could be stripped and sold for profit but public creditors come last. It's also going to be no where near their private valuation.
“It occurred to me that if I could invent a machine - a gun - which could by its rapidity of fire, enable one man to do as much battle duty as a hundred, that it would, to a large extent supersede the necessity of large armies, and consequently, exposure to battle and disease [would] be greatly diminished.”
― Richard Jordan Gatling, 1877
But imagine the efficiencies to be gained if you swapped out the direct human operator with an automated operator. Then, you can have teams of automated operators being operated by a single human!
They do own some vertically integrated products like PeopleSoft that use these lower level foundational pieces. But I agree, I don't know why anyone in their right mind would use Oracle outside of golf and sailing bribes.
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