[0] https://en.wikipedia.org/wiki/Chisel_(programming_language)
https://github.com/chipsalliance/chisel-template/blob/main/b...
I think the other perspective is that the US _has_ historically been comfortable with giving away property in the Homestead Act, land rushes, the Oregon Land Donation act etc. These were giving away _capital_, and the people needed to provide the labor to make it productive.
IDK what a future-facing equivalent should look like. Should we all own datacenter racks? Robot factory lines?
- Most Americans don't know how social security is funded but
- An overwhelming majority of nonretired adults (79%) do not believe they will receive their full scheduled Social Security benefits when they retire.
- About three in four adults (77%) have heard that Social Security is projected to run short of money by 2033.
If you thought you had an individual account, and you also thought the program overall was going to run out of money and that you weren't going to get the "full benefit", does that mean you thought you weren't paying enough in?
Keep in mind the power is fully mechanical so no electricity or control circuit is required. And based on the simplicity it seems like a good candidate to power something that you need to last 100 years with no maintenance for example.
> While there have been some small declines in tuition prices over the last decade, when adjusted for inflation, College Board data shows that the average, inflation-adjusted cost of public four-year college tuition for in-state students has doubled since 1995.
I see several possible reactions. One is to do what Georgia Tech and U Texas are doing -- to offer online degrees for MUCH reduced cost, like $10k. Will such 30 credit MS degree programs (that don't require BS first) replace 120 credit BS degrees? That makes a lot of sense to me.
The popularity of residential degree programs may be ending, due to insanely high cost and the need to retrain often as AI automation changes the employment picture rapidly and unpredictably.
> The popularity of residential degree programs may be ending, due to insanely high cost.
I think the problem is that universities _have_ been changing in the direction of _delivering less_ at the same time that they cost more. The article cites public schools doubling tuition in inflation-adjusted terms since 1995, but simultaneously:
- student-faulty ratios have gotten worse
- schools use under-paid adjuncts for a larger share of classes
- good schools often trade on the research record of faculty, but the success of those prominent faculty often mean they can get course buyouts / releases, so they're not teaching anyway
- much has been published about administrative bloat in universities but for example see 2010 vs 2021 numbers here https://www.usnews.com/education/articles/one-culprit-in-ris...
Rather than trying to make new online offerings, I think schools need to lean out their staff, and cut back on programs that don't have to do with instruction. Even better would be if federal funding eligibility was tied to schools demonstrating that at least X% of their budget goes to instruction, where that X should ratchet up over time.