GIGAMΞSH pfp
GIGAMΞSH
@gigamesh
What is the Techno-Capital optimist take on this? https://www.nytimes.com/2024/05/15/podcasts/the-daily/climate-insurance.html?smid=nytcore-ios-share&referringSource=articleShare
7 replies
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Matt Lee
@mattlee
Climate change reversal tech, sturdy efficient construction tech, levees. The “future innovations can’t be predicted” card is always a solid fallback too
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Christian Montoya 🦊 pfp
Christian Montoya 🦊
@m0nt0y4
The rise in rates isn't about increased extreme weather. It's due to increased construction and repair costs. Insurance plans have gotten more expensive because the materials and labor are much more expensive. The techno optimist take is we need to lower the supply side cost.
2 replies
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smartcontracts
@kelvin
Mother Nature can remain irrational longer than your roof can remain solvent
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simon pfp
simon
@sa
The upcoming hurricane season is forecasted to be absolutely brutal. We'll see what's left of the insurance market by the fall. Most Floridians are already on the state insurance option. https://www.scientificamerican.com/article/the-2024-hurricane-season-could-be-a-dangerous-one/
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cody
@codyb.eth
reduce the power of hurricanes. 10x the research budget around all of this https://www.nbcnews.com/id/wbna45676775
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Web3ice
@web3ice
beautiful scenery
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MingMing13 pfp
MingMing13
@mingming13
While the US Home Insurance System collapses a new on-chain global insurance system using crypto rails will overcome these challenges allowing for the growth that these insurance companies allowed to occurred in the US in the past to happen worldwide!
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