I hate capitalists so much. It’s not just that they’ll do anything to maximize profits. Honestly that would be much easier to deal with than what they actually do.
In reality they’re really fucking stupid as well as being selfish. It’s why they strip the copper out of the walls rather than allow a profitable company to just continue. It’s why they burn their profits chasing dream products that will never turn a profit and have immense costs.
Like holy shit just go do something else with that money! Start a restaurant! Yes almost all restaurants fail but that still gives you a better chance of turning a profit than this!
this yeah, tech is addicted to the level of growth it used to have and its hit a ceiling for actual usefulness so now its going to be all crypto/nfts/ai until time ends
I wonder if it hit this ceiling because there are no more public projects being developed (personal computer, internet etc.) that it could privatize and profit off of and now we’re seeing these shitty solution driven technologies that aren’t solving any real problems
The push for space exploration makes a lot of sense
Too absurd for words, really lmao
Most people think, “Wow space exploration to learn about the deepest and most hidden secrets of our universe to advance our collective knowledge? Of course I’m down for that !”
And Wall Street ghouls and just see another way to make the line go up.
as you acknowledged at the beginning of your comment: they don’t really care about a business being strictly profitable, they care about it being more profitable than what everyone else is doing
“[Capitalists] act as if they are being chased by a bear,” wrote Zhang Lin, a Beijing political commentator, in response to these comments. “They are powerless to control the bear, so they are competing to outrun each other to escape the animal.” [source]
they care about it being more profitable than what everyone else is doing
But they’re not doing that either! They’re less profitable than anyone else on earth! Rolling the dice on the restaurant game would give them a better chance of making More Money Than God because the chance is higher than 0.
Even profitability isn’t the goal–that’s been abstracted away. The real money is in being able to convince people that you might someday be really profitable. That profitability never actually has to come as long as you can keep the confidence up. It’s a grift in the most literal sense.
We’re doing it because line must go up. The entirety of white western society is built solely and completely around “line go up” and this is making line go up so it must continue
Why are we doing this then???
I hate capitalists so much. It’s not just that they’ll do anything to maximize profits. Honestly that would be much easier to deal with than what they actually do.
In reality they’re really fucking stupid as well as being selfish. It’s why they strip the copper out of the walls rather than allow a profitable company to just continue. It’s why they burn their profits chasing dream products that will never turn a profit and have immense costs.
Like holy shit just go do something else with that money! Start a restaurant! Yes almost all restaurants fail but that still gives you a better chance of turning a profit than this!
The entire tech industry is just a casino for VCs and they’re gambling with the future of all life on earth
God I wish the Viet Cong were in charge of the US tech industry.
please Uncle Ho, I’ll build some really good tunnels I swear
this yeah, tech is addicted to the level of growth it used to have and its hit a ceiling for actual usefulness so now its going to be all crypto/nfts/ai until time ends
I wonder if it hit this ceiling because there are no more public projects being developed (personal computer, internet etc.) that it could privatize and profit off of and now we’re seeing these shitty solution driven technologies that aren’t solving any real problems
That’s the problem with privatizing everything: you can no longer steal from the commons.
The push for space exploration makes a lot of sense
Too absurd for words, really lmao
Most people think, “Wow space exploration to learn about the deepest and most hidden secrets of our universe to advance our collective knowledge? Of course I’m down for that !”
And Wall Street ghouls and
just see another way to make the line go up.
“The problem with capitalism is that you eventually run out of other people’s money”
as you acknowledged at the beginning of your comment: they don’t really care about a business being strictly profitable, they care about it being more profitable than what everyone else is doing
But they’re not doing that either! They’re less profitable than anyone else on earth! Rolling the dice on the restaurant game would give them a better chance of making More Money Than God because the chance is higher than 0.
Even profitability isn’t the goal–that’s been abstracted away. The real money is in being able to convince people that you might someday be really profitable. That profitability never actually has to come as long as you can keep the confidence up. It’s a grift in the most literal sense.
It’s the singularity cult, capital is long dead and robot feudalism is the only way out for them.
I think this is it. This is not the behavior of the Rational Capitalist™ this is cult fanaticism.
We’re doing it because line must go up. The entirety of white western society is built solely and completely around “line go up” and this is making line go up so it must continue