Whoops! Definitely a typo. Thanks for the catch!

This is more specific to Tesla than self driving in general, as Musk decided that additional sensors (like LiDAR and RADAR on other self driving vehicles) are a problem. Publicly he’s said that it’s because of sensor contention - that if the RADAR and cameras disagree, then the car gets confused.

Of course that raises the problem that when the camera or image recognition is wrong, there’s nothing to tell the car otherwise, like the number of Tesla drivers decapitated by trailers that the car didn’t see. Additionally, I assume Teslas have accelerometers so either the self driving model is ignoring potential collisions or it’s still doing sensor fusion.

Not to mention we humans have multiple senses that we use when driving; this is one reason why steering wheels still mostly use mechanical linkages - we can “feel” the road, we can detect when the wheels lose traction, we can feel inertia as we go around a corner too fast. On a related tangent, the Tesla Cybertruck uses steer-by-wire instead of a mechanical linkage.

This is why many (including myself) believe Tesla has a much worse safety record than Waymo. I’ve seen enough drunk and distracted drivers to believe that humans will always drive better than a human robot. Don’t get me wrong, I still have concerns about the technology, but Musk and Tesla has a history of ignoring safety concerns - see the number of deaths related to his desire to have non-mechanical handles and hide the mechanical backup.

The Pokémon card example is ludicrous - aside from the fact that CCG cards are not “wealth”, or the fact that no one would offer $500 for a card that is only worth $50, a single buyer does not make a market or set the value. Stocks, the source of most outrageous wealth, by definition have a market value, and even the most frothy of assets don’t swing 10x in such a short period of time.

The mom calling about selling the childhood home is very real, in fact it already happens! Guess your friend is unfamiliar with property taxes. My home has tripled in value and the government appraised value went up by a smaller amount, and now I pay taxes. When my mortgage is fully paid off, I will still owe the local government taxes every year. All those “tax free” states lean on regressive taxes like sales tax and property taxes to avoid collecting progressive income taxes, so this problem is even worse in those states.

A while back I owned a small business, and because I didn’t pay myself in stock, I had to pay taxes every year based on how much my company profited. My business partner and I would do a distribution every year to pay those taxes. We paid more every year in taxes on our modest business than Tesla paid last year on $5.7B in income. Also, company “worth” for private businesses is based on appreciated assets and cash on hand… a business owner who “lost” 90% of the business value of a two decade old business in a year has much, much bigger problems than unrealized gains taxes.

Middle class people are already paying wealth taxes. Mutual funds are taxed on unrealized gains all the time, albeit at capital gains rates (because we value capital more than labor). Property taxes are paid on the biggest source of wealth most people own. Even poor people are paying annual taxes or fees on their cars.

I agree, your friend is a moron, but I think most people knew that the second they saw “ancap”.