Comment on Oracle made a $300 billion bet on OpenAI. It's paying the price.
veni_vedi_veni@lemmy.world 1 day agoim 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.
TronBronson@lemmy.world 1 day ago
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?