Initialized is a venture capital firm with offices in San Francisco and New York. We're early investors in Coinbase, Instacart, Cruise, Rippling, Opendoor, and more - $200B+ in market value.
Wow, the comments here are so negative. No one is forcing anyone to live there. It's for those who WANT to live car-free. There are thousands and thousands of developments where you can have your vehicle. There is precisely one of these types of development. If there is a demand for it, it will succeed. If it is a success, they will build more and more of these. Let the market decide. I wish them great success.
Once this operates at economies of scale, we’ll surely make deep-space travel more feasible and affordable for people placed differently on the totem pole. With the amount of material we can extract from an asteroid, that’ll address the bottleneck of scarce resources.
Thank you for an interesting and frank video! Especially about the first demo and the first reaction of users! We at JetSoftPro, a software service, also work a lot with AI and understand that the success of artificial intelligence lies in constant training.
I am the principal engineer in charge of our AI development efforts. We have built our own custom agentic framework to run through processes with tools and communicate with our research teams using conversational agents. It is fascinating to see the parallels between the problems you have solved. The lessons you have learned match very closely to our experience.
I love this idea and would love it more if the residents could own the units. That way the people who live there could benefit from the wealth they are creating rather than exporting it to some capital group on wall street, where it wont do them any good. Americans will keep getting poorer if there are fewer and fewer pathways to property ownership.
They are working on that with subsequent neighborhoods, but that proved too complicated for their first neighborhood, which they needed to finish by a certain time.
Don't get me wrong, this is overall a great positive development compared to building car dependent communities. However, it saddens me how this is truly the most capitalistic way to go about building car free neighborhoods. Ultimately this is just a privately owned apartment community with some shops. It's still light-years away from a walkable European town with true character, people who live there for their entire lives, shop owners who live above their shops etc.
Reality is capitalism is one of the reasons why car dependent cities were built . So that economic and demand angle has to be there even if its not the best way out
Capitalism is part of the solution. In fact, the lifting of restrictive rules is what made this possible. If this was allowed in more places, then we’ll see an explosion of these types of developments in the coming decades. Not exactly car free but a spectrum from car free to car light developments. This is a good idea next to large shopping malls, college towns, hospitals, military bases, business parks, downtowns, etc.
But even that is formed via capitalism, in the sense that people own those dwellings. So it is important that Culdesac's small buildings can be sold to individual owners if need be in the future.
"People are happier" & "..the majority of the US wants to live this way.." Complete arrogance and that endearing 'I know what you want better than you do' mentality.
Most people do. That's why rent is so expensive in such places. It's certainly nobody's business to ban this type of development, which is what most of the US has done.
@@initializedcapital I completely understand why this video did not show the town but-as a supporter of your future success-you gotta shoot an outro telling viewers what to watch next if they want to learn more :)
Because it looks like a can of sardines! It’s terrible! The guy is just a paid propaganda pusher! Look how he articulates with his hands… People do that when they are not saying the truth!!!
I think given the current hype in LLMs and AI (which of course can be valuable as an aid and tool for many companies), people have completely forgotten about how blockchain can completely transform industries , and how much of a powerful transformative technology it is.
Cool insight into how some core problems, of such seemingly complex tech, boil down to more "simple" topics. i.e. people coordination Great format, looking forward to watching the rest
I just clicked on it because I love the logo design! The aesthetics to the bit flying off to complete the square 👌👌 The content in the video is currently too advance for my brain though 🤯
