A shutdown would be preferable than a sale of the active app and userbase to Elon no?
A shutdown would be preferable than a sale of the active app and userbase to Elon no?
Right. The LLC makes all of it worse, no question. Also I’m not a huge fan of pricing significant externalities since as you point out, pricing is difficult, prone to error, can be too low, etc. I mean the whole point of an LLC is to offload risk to society in exchange for economic growth, with the idea that it would outweigh the the societal cost. I’m not sure that it does. :D
What you’re seeing here isn’t a flaw of the shareholder model. It’s a fundamental flaw in the free market. You can’t fix its inability to price in externalities. Instead you have to put the market in its place in order to mitigate them. For example by forcing it to price in externalities, or by taking away externality-generating activities out of the hands of the market and into public hands.
Among other things:
Basically your bog-standard right-wing corporate fascist grab bag. He’s using his platforms (in all meaning of the word) to push that internationally.
Check the first comment on this turd nugget from last week: https://x.com/RealAlexJones/status/1877066245192794146
My first instinct was to poke fun but it’s actually important to keep breaking this overpaid influencer’s false image. He’s actively using it to push his harmful agenda.
I like JSON output. Will make my monitoring jobs less fragile.
Wait I thought the ByteDance CEO said they weren’t Chinese but Singaporean.
Also having Elmo own both Twitter and TikTok would be fucked.
“We’re under attack from the front left and front right. Respond accordingly”
slow-clap
Yes
They don’t need the very best to make profit for a very long time, especially in a friendly regulatory regime. Check IBM for reference.
They own the social media market and have enough capital to acquire any plausible competitor, as have done in the past.
Losing top talent is only a significant price to pay if the firm or its competitors are still building new stuff that affects their bottom line. Meta is happy raking in the social media-ad profits. Google is happy raking in the search-ad profits. They’re all busy getting more money out of the markets they’ve monopolized, not competing.
LMAO, employees are about to find out why a union would be a good idea. Gotta speedrun growing class consciousness.
This sounds like a solution looking for a problem. We know how to build green infrastructure. Many countries have done it. China has shown how it’s done, many other countries have done a lot too, albeit using Chinese inputs.
Also if your solution does not allow for debt, it will be unnecessarily slow in the rate of growth. Building green infrastructure is a great example for positive use of debt.
Weird. I thought XPS was a pretty well known brand.
I’ve used GNOME Terminal since 2005.
The financial support is there so I think it’s a matter of time for local manufacturing to catch up. It’s happened in pretty much every area they’ve been in. Restricting chip imports puts higher pressure on iterating faster towards homegrown capabilities.
It would be interesting to see whether China will undercut ASML on the world market once they have competitive EUV, or wherever they’ll keep it for themselves.
Source: https://pubs.acs.org/doi/10.1021/acs.estlett.4c00907