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Cake day: October 6th, 2024

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  • _bcron_@lemmy.worldtomemes@lemmy.worldnever gonna happen
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    7 days ago

    They probably wish they could pin it on an entity and recover losses through subrogation rather than just taking the hit. By ‘taking the hit’ I mean all us taking the hit, but they’d probably like being able to shake money out of judgments and raise our rates at the same time



  • It’ll implode but there are much larger elephants in the room - geopolitical dumbassery and the suddenly transient nature of the CHIPS Act are two biggies.

    Third, high flying growth, blue sky darlings, they’re flaky. In a downturn growth is worth 0 fucking dollars, throw that shit in a dumpster and rotate into staples. People can push off a phone upgrade or new TV and cut down on subscriptions, but they’ll always need Pampers.

    The thing propping up AI and semis is an arms race between those high flying tech companies, so this whole thing is even more prone to imploding than tech itself, since a ton of revenue comes from tech. Sensitive sector supported by an already sensitive sector. House of cards with NVDA sitting right at the tippy top. Apple, Facebook, those kinds of companies, when they start trimming back it’s over.

    But, it’s one of those things that is anyone’s guess. When you think it’s not even possible for everything to still have steam one of the big guys like TSMC posts some really delightful earnings and it gets another second wind, for the 29th time.

    Definitely a house of cards tho, and suddenly a lot more precarious because suddenly nobody knows how policy will affect the industry or the market as a whole

    They say shipping is the bellwhether of the economy and there’s a lot of truth to that. I think semis are now the bellwhether of growth. Sit back and watch the change in the wind





  • _bcron_@lemmy.worldtomemes@lemmy.worldYour pets are pissed!
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    18 days ago

    We’re watching my in-laws cats and we’ve decided to just randomly show up. They have dry food but when we show up we give them the fancy feast, and now they’re conditioned to greet us at the door and they’re always excited

    Edit: upon further contemplation I think her parents are gonna be really confused when they come back and the cats are just randomly hanging around them whenever they walk in the house. Maybe we made a mistake lol









  • They behave exactly like black mold. They start coalescing in some adjacent space and suddenly BOOM. Online storefront, starts hosting its own servers, that becomes part of the business. Starts building out warehouses, that becomes part of the business. IoT things that run on their servers, then cameras, gobbles up Blink. They even had a pilot project for restaurant delivery, we’ll probably see that again once they can tie it into their parcel delivery fleet




  • Sometimes a writer will use what they feel is a more recognizable but ‘technically incorrect’ word as a colloquialism for a less-used term that’s more accurate, and then go into more detail in the article, but it’s good and proper to wrap that colloquialism in apostrophes (‘air quotes’).

    But in this specific case, it was ruled that Google has a monopoly on general website searches and that they have utilized a variety of anti-competitive practices to bolster their presence as such.

    Not dissimilar to Microsoft’s antitrust case in the late 90s, specifically regarding Internet Explorer. It was a very small chunk of a much larger antitrust suit but they were found to have used Windows in order to stifle competition for web browsers and maintain their standing as the dominant browser (they also leveraged their market share for Windows and IE with OEMs and ISPs respectively but I’m digressing).

    Microsoft was ordered to split, or spin off their browser business into a different entity, but they settled with DOJ on appeal (probably what we’ll see come of this - Google will probably make a big long list of things they will change or no longer engage in, and the government will feel as though all those changes will be sufficient remedy)



  • The problem is a confluence of flaws related to capitalism and psychology that allows guys like these to be as they are, gives them ample opportunity to speak, and compels others to listen.

    Eric Schmidt and people like him have so much money and influence that they’re presented the opportunity to sit down with policy makers and use media as a megaphone to the point that his voice alone is louder than tens of millions of dissenters and the collective group is able to speak over the entire scientific community.

    We’ve normalized it to the point that he can pitch an idea that is as existentially catastrophic as this, and the article writer spins it as some profound statement worthy of deeper discussion.

    The CEO of Starbucks attempted to justify flying across state in a jet in order to commute to work, and a lot of people either accept it as some sort of tenet of capitalism or attempt to play the devil’s advocate as to why something like that would be deemed necessary by a person. And while he’s doing that, he’s not univerally lambasted for it, policy doesn’t change to prohibit that, and we just squabble amongst ourselves about the merits or necessity.

    But as long as guys like these continue to receive money, they and their lobbyists will be chanting the same mantra