> Chronic costs, yes, costs borne out of tail risks - no. Chronic costs are the vast majority of total costs > If you have the drive, economic ability, wherew

> Chronic costs, yes, costs borne out of tail risks - no. Chronic costs are the vast majority of total costs > If you have the drive, economic ability, wherewithal in 2024 to keep a shop - operate a business - in the United States in 2024, yes, this is a desirable, marketable skill. That's a priori data. Jensen's parents weren't shopkeepers in Taiwan, so how would you know this?