Comment on Pick your poison. Dystopian style

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givesomefucks@lemmy.world ⁨9⁩ ⁨months⁩ ago

Accurate tho.

Uber succeeded by burning invester money early and evading taxi regulations.

Airbnb succeeded by burning inverter money early and evading hotel regulations.

Crypto was originally hyped as untraceable, and that drove early buters.

AI only works well if/because it’s trained illegally on copyright works.

That whole “disrupter” shit was always:

  1. finding loopholes in regulations

  2. convincing rich people it will do well so they invest

  3. Spend their money while operating at a loss to gain market share

  4. Raise prices higher than original regulated service.

Then optionally drop all your stock immediately before prices plummet and the late investors get fucked.

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