this post was submitted on 28 Nov 2023
201 points (87.9% liked)

Technology

59300 readers
4713 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Toyota boasts new battery technology with 745-mile range and 10-minute charging time — here’s how it may impact mass EV adoption::The potential to significantly reduce pollution could be huge.

you are viewing a single comment's thread
view the rest of the comments
[–] SirEDCaLot@lemmy.today 2 points 11 months ago

Oh for sure. There's a whole industry of them, and they all milk Uncle Sam for everything the taxpayers worth with little need to produce real result. Look at SpaceX versus SLS. Well it's true that SLS design was handicapped by Congress requirement to use old shuttle parts, the result is still a giant boondoggle that is very late, tens of billions over budget, and best case is going to cost $2 billion for each launch (which can only happen once every year or so). Meanwhile, all SpaceX expenditures to date including development of Falcon 1, Falcon 9, Starship, Super Heavy, Merlin, Raptor, and construction of an entire spaceport in Texas, have cost them by most estimates less than Boeing took to design one rocket. SpaceX is launching Falcon 9 twice a week. And to compete with SLS, once Starship is online it could theoretically launch once a day for $20 million rather than once a year for $2 billion.

Private sector can be efficient, but only when their own bottom line depends on efficiency. When there's cost plus contracts involved, it really doesn't.