I’ve seen figures that estimate the aviation industry to provide about $1.5 trillion worth of GDP for America, so 4-5 billion dollars. Feel free to double that for the cost of dealing with unexpected disruptions and loss of institutional trust.
replyAssuming the GDP is lost completely and not at least partially made up by increasing number of flights on other days.
replyIt probably is at least partially made up. But I don't know about you, but my flights for the last year or two have all been booked up for every seat. And I'm not sure carriers just have a bunch of planes sitting around not making money. Or a bunch of crew sitting around not making money.
replyAll of the AI money discussions have broken me for being surprised by large amounts of money. The frontier companies spend that in what, 5 minutes?
replyAll US AI companies combined: about two days.
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