09-18-2013, 02:56 PM | #51 |
Join Date: Feb 2005
Location: Berkeley, CA
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Re: Nanofabricators, DRM and Forced Scarcity
It's not a wash. Seriously, just use an amortization calculator, this is the sort of problem they're designed for. And 11% is high, it's equivalent to a P/E ratio of 9, 7% is a better estimate (P/E ratio of 14).
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09-18-2013, 03:07 PM | #52 |
Join Date: Jan 2005
Location: Stuttgart, Germany
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Re: Nanofabricators, DRM and Forced Scarcity
11% may not cover it, depending on how risky people consider it to be, you can get over 14% buying Ukrainian bonds right now, but no one is rushing out to do that either.
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09-18-2013, 03:10 PM | #53 |
Computer Scientist
Join Date: Aug 2004
Location: Dallas, Texas
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Re: Nanofabricators, DRM and Forced Scarcity
I think Kyiv just pulled Richmond, Virginia into its Schwarzschild radius!
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09-18-2013, 03:19 PM | #54 |
Join Date: Feb 2005
Location: Berkeley, CA
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Re: Nanofabricators, DRM and Forced Scarcity
The risk is incorporated into the expected lifespan of the bioroid -- if a bioroid lasts for 25 years and I'm only amortizing over 15 years, it means I think that the mean useful lifespan (before failure, obsolescence, or irrelevance) is only 15 years. If the bioroid is saving you $2,400/month (i.e. its maintenance is $1,200) the $150k bioroid is a reasonable investment (7% APR) if you expect it to last 6.5 years, at the end of which period it has a value of zero.
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09-18-2013, 04:08 PM | #55 |
Join Date: Jan 2010
Location: Los Angeles County
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Re: Nanofabricators, DRM and Forced Scarcity
Really human wages and investment in/upkeep of bioroids will compete in the labor market and reach some kind of equilibrium (probably where it makes sense for some employers to commission bioroids and others to hire humans).
You may end up in a situation where the choice is dictated by the current availability of credit. |
09-18-2013, 04:12 PM | #56 | |
Join Date: Jan 2005
Location: Stuttgart, Germany
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Re: Nanofabricators, DRM and Forced Scarcity
Quote:
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09-18-2013, 04:23 PM | #57 |
Join Date: Feb 2005
Location: Berkeley, CA
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Re: Nanofabricators, DRM and Forced Scarcity
The problem is that the equilibrium might be at zero of one or the other. Getting a human to trained adult status may well cost more than $150,000 (21 years x $600/mo = $151,200), and someone is paying that cost.
Last edited by Anthony; 09-18-2013 at 04:51 PM. |
09-18-2013, 04:32 PM | #58 |
Join Date: Jan 2010
Location: Los Angeles County
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Re: Nanofabricators, DRM and Forced Scarcity
If the only alternative on the market is uncompetitive wouldn't the price of bioroids go up?
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09-18-2013, 04:44 PM | #59 |
Join Date: Jul 2008
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Re: Nanofabricators, DRM and Forced Scarcity
Not if bioroid prices emerge from competition between bioroid suppliers rather than the maximum anyone would be willing to pay for one.
__________________
I don't know any 3e, so there is no chance that I am talking about 3e rules by accident. |
09-18-2013, 05:00 PM | #60 |
Join Date: Jan 2005
Location: Stuttgart, Germany
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Re: Nanofabricators, DRM and Forced Scarcity
Minimum price will still be the materials, power and Nanofac time to produce and usage, which costs can be significant even before any profit margin comes into play.
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Tags |
drm, nanofabricator, scarcity, sci-fi, spaceships |
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