Larry Ellison can fuck off while we're at it, the meddling technofascist bastard. Hope he loses everything!
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I'm as atheistic as they come but I'll maybe ask a demiurge for that to happen.
Can we do away with trillion dollar companies already,. please? They're not doing anything good for anyone, it always ends with some CEO's and shareholders enriching themselves over the backs of others
No company should ba r a worth of more than a billion dollars
No single person should have a net worth of over 10 million
to be fair amazon has revenues of 700 billion a year. apple is like 400. You can tax the profits down to nothing but like, we can't all get iPhones if apple is worth 1billion. im not even sure if they can make an iPhone with 1 billion.
I think the individual 10m is fine, but like, apple has a billion customers. im gonna lose all my photos if they are worth a billion dollars and no new phone. billions of people trying to get a product now, it makes sense that some companies are worth trillions. regulate and tax the shit out of them.
I'd just like to bring Immich (Self-Hosted) and Ente (Service or Self-Hosted) to your attention as ethical alternatives to Apples walled garden Photo storage. Hope you have a nice day :)
Thank you! I'm working on ditching adobe and apple currently. one day I'll be a real linux boi. I have hard drive space just no time to do the transfers and file hunting. If I wasn't over worked, underpaid and exhausted I would have used a better example. An ASML lithography machine costs 400 Million dollars. So idk how anyone is going to produce chips and be worth less than a billion dollars. OP example needs better numbers. Saying companies can't be worth more than a billion dollars screams: "I don't know how anything I enjoy is made!!!!" vibes.
Yeah I totally hear you on the time thing. I think the stuff on Apple Photos should be relatively easy to import to immich and ente just based on a quick skimming of the guides. But like you said, having to find the time is understandable. I wish you luck on your journey to becoming a real linux boi, lol
Your original example made sense I just wanted to share something in case it was helpful, your new example makes sense too though :p
im gonna lose all my photos if they are worth a billion dollars and no new phone.
This is some weird mental hoops you are going through to reach that conclusion.
You have to imagine a world before enshittification , where interoperability was a thing and your media wasn't held hostage behind a gated platform.
I was in a world before enshitification I vividly remember the hopes of the 1990s. Watching hand held cameras get into the hands of the masses, expanding art and culture of the time. Watching that turn into YouTube and regular people getting paid to entertain regular people. I remember all the dead promises friend. Supply chains are too complicated to place an arbitrary market cap of 1 billion dollars. it doesn't make sense when companies now serve billions of people. I'm not going to be able to open up a small business of producing iPhones. That requires an insane amount of resources that you probably cannot fathom if you think a billion dollars is a reasonable market cap. I just wanted to point out that a lot of things you enjoy wouldn't exist in this imagined rule.
So id love to hear how you reorder the global economy and supply chains under a "1 billion dollar company max valuation" How do you get things like iPhones and server farms that hold a billion peoples data?
Where the fuck do they get this money from? $300 billion is fucking nuts. And 1.4 trillion in costs is literally bigger than my countries' entire GDP (Australia)
Financial engineering, and they are one of the biggest producers of computer hardware for a long time. There's more business and personal consumers than ever. Everyone's getting online now, and the AI purchasing frenzy is helping a lot.
The 1% is willing to pay whatever imaginary fiat currency they can to eliminate the need for the working class. Then they can finally get rid of us.
While simultaneously acting like a bunch of whining little crybabies about declining fertility rates.
Which is it: AI (and other automation) will replace jobs, or there aren't enough people to work all the jobs?
It's even better for them to have extra workers for too few jobs as it drives the wage of those remaining jobs down. Dark stuff really.
Hedging their bets. They're only capable of being sure of the future as the next person, which isn't very capable at all. But they have the ill-gotten means to back both sides so they continue to be on top.
Oh I know what they're doing. I just don't give a shit and will point out how ridiculous their sense of entitlement is.
No one is owed another human being.
clutches pearls "Muh factornios!!!"
probably borrowing from large banks, selling shares, or bonds, or offering something as COLLATERAL.
And ripping off their customers.
OpenAI’s mounting costs — set to hit $1.4 trillion
Sorry, but WTF!? $1.4 Trillion in costs? How are they going to make all of that back with just AI?
I think there's only one way they can make this back: if AI gets so good they can really replace most employees.
I don't think it will happen, but either way it's going to be an economic disaster. Either the most valuable companies in the world, offering services that the next couple of hundred companies in the world depend on, are suddenly bankrupt. Or suddenly everybody is unemployed.
How are they going to make all of that back with just AI?
Government bailouts is how.
Socialism for the rich, dog-eat-dog capitalism for everyone else.
its a ponzi scheme.
1,400,000,000,000
I used to be amazed at how much a billion was, but this many 0s makes my head explode.
These must be bubble inflated costs to match the bubble inflated revenue.
If LLMs fail and they invested: bailout
If LLMs succeed and they invested: rich
If LLMs fail and they passed: everyone else bailed out
If LLMs succeed and they passed: out of business
Therefore, the logical choice for a business is to invest in LLMs. The only mechanism to not do the stupid thing that everyone else is doing is gone.
that assumes every business which invests in AI would be bailed out, which is a huge assumption. I would guess the only businesses that would receive bailouts would be those with personal ties to the government
How is a haunted typewriter supposed to replace all those employees?
holy cow haunted typewriter is punching way above its weight class. Phenomenal.
If they kill oracle, will that kill the last Unix after IBM stole the parent OS of Solaris and put it into Novell's oubliette to reduce competition?
Darwin is a UNIX, I believe!
...darwin is derived from mach + BSD, so it's a UNIX derivative in the same sense as the entire BSD family...

Personally, I am eyeballs deep in this industry and even I’m now hoping to see it all burn to the ground. I’ve already concluded that I’ll never make it to retirement in my field, probably because of automation. Fuck ‘em all.
Do y'all think investors will wake up and realize that techbros are a bunch of fraudster scammers? Oracle deserves bankruptcy for being stupid with money. All my homies hate the AI-Bubble.
Bro even the way journalists talk about AI like it being a bet couldn't be more obvious that it's all a scam. If this AI-Bubble is profitable where are the actual god damn profits.