cantstopthesignal

@cantstopthesignal@sh.itjust.works · Joined ⁨Jun⁩ ⁨2023⁩

Replying to @⁨brucethemoose@lemmy.world⁩

The problem is that we have allowed them to be benevolent monopolies and now that they control practically the entire market in their respective spaces they are not so benevolent any more. Nobody cared to choose a different search engine because google just worked, nobody bought things from a different website because amazon was fast and had everything. Now google search is just a way to sell me an ad for the thing I’m looking for and Amazon is just a way to sell me an ad for the chinese manufacturer who paid them off to push their results to the top or in some cases it’s their own competing product.

Replying to @⁨Manjushri@piefed.social⁩

Look at what meta did in Louisiana. The governor called up the Speaker and said they needed to pass a blank bill because a powerful donor wanted it and they all got in line, passed the bill and filled it in at the 11th hour. What was in the bill? Why it was approval of a 6 square mile (3840 acre) data center with no oversight or public comment. Just approved one of the largest data centers in the world in the middle of the night.

Replying to @⁨TankovayaDiviziya@lemmy.world⁩

Not really a ponzi, more like circular financing. Nvidia exposed itself to the AI bust for no reason other than to keep the money flowing to buy their chips for a little longer. They were selling shovels in a gold rush and screwed it up by letting people finance the shovels. They’re not in the finance business, they’re in the chip business.