cinoreus @ cinoreus @lemmy.world

Posts

19

Comments

154

Joined

5 mo. ago

Nvm figured out. For some reason boost wasn't showing the imgur clip. I switched to Voyager and I can see the link.

I can't see the video for some reason....

You're underestimating how short term people's memories are.

I mean, isn't a company's valuation decided by the company themselves? Rest, when market forces are controlled by private hedge funds, asset management companies, and retirement funds, I feel normal Market rationality cannot be assumed. Market ownership right now is highly concentrated in these entities, and they have all the incentives to keep these valuation up for the reasons you stated.

It's interesting that the more you learn about the market the more it looks like a ponzi scheme😂

His net worth is inflated even by American standards where net worth is already insanely inflated.

A lot of times, company evaluation is calculated by being roughly 10x it's yearly revenue. Alphabet, meta, all fit this. Space X is literally valued close to 100x

I mean, he did say he sold out to private equity cause he wanted to retire basically. His channel is basically now his retirement investment

Honestly it's laughable when westerners say " trump is doing X to distract from the Epstien files" no dude, he does it cause he's insane. He doesn't care about the Epstien files. He knows he's above the law while he's serving as the president

I reached the limit while reading this comment

No dude, his proposal is a genuine recipe for disaster. I mean, disaster for Americans not for the AI companies. Do you think 50% ownership in these companies mean governance? Maybe but it's not going to stop them from spending like crazy, which they already are. Bernie is framing it as democracisation of profits, but with an impending bubble that's about to pop, it will most likely end up with democratization of losses. What's worse this also would become a very nice excuse for future bailouts as now millions of people's wealth is tied to the companies. In long term, it's going to benefit the AI companies more.

Glad to know I wasn't the only one who was thinking it

For someone who doesn't live in America, Delaware sounds like a perfect place for cyberpunk dystopia

How interesting their paid tier has no mention of being ad free

I am completely sober but the Idea I got is more insane than yours.

The trust thing basically cannot work for me. It's not only expensive, but I don't think it's a good idea to operate a social media trust from my jurisdiction( India ). So if anyone wants to go forward with trusts, it must be someone from Europe not me.

The idea I have, which honestly sounds crazy, but may be the only way individual owners can run these instances, is the idea of mutually assured destruction. Basically, why, despite having nukes, have we not used them yet? Because nuclear attack means both the partners will mutually assured destruction.

Similarly, if I give admins and server owner both the power to delete the server, with admins having to vote a simple majority in order to do so, it basically creates a mutually assured destruction scenario, where both have to co-operate.

Good shitpost lol

My brother I live deep inside a city and the heat is unbearable. The wet bulb temprature here is higher than 30c. Being outside isn't much of an option for me

Pick any of the Asimov's books if you're into science fiction.

Definitely not unhinged. Different people have wildly different interpretations of unhingedness.

Just like entertainment industry, there's an entire industry in journalism just for these guys. There's still swaths of people who consider them as oracles rather than salesmen for their technology.

Nile reds cooking skills are shit. If you wanna watch more (also worse) watch him roast coffee.

His derangedness is actually super funny if human rights and global economy wasn't at stake. We need more world leaders rambling how hot Sydney Sweeney is