Comment on Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company

Potatisen@lemmy.world ⁨4⁩ ⁨months⁩ ago

• erwan@lemmy.ml ⁨4⁩ ⁨months⁩ ago

  This is not about Google, which have a market cap that corresponds to their revenue.

  This is about Nvidia that has a crazy inflated market cap.

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• Badeendje@lemmy.world ⁨4⁩ ⁨months⁩ ago

  The number 1 offer google was making to their user base was so far ahead of its competitors that everyone naturally gravitated to it.

  They then spent all their efforts milking it for all its worth that the offering was methodically abused by bad actors also only interested in milking the user base (seo optimized, nonsense generated articles, artificial usage stats).

  Now the offering is so bad quality (diluted with rubbish) that they will find it harder and harder to compete.

  I can’t say I’m not disappointed, I also cannot say I’m surprised.

  Also the drive to walled gardens like discord and putting actual content in a YouTube video to be able to monetize it has damaged the web badly.

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  • WhatAmLemmy@lemmy.world ⁨4⁩ ⁨months⁩ ago

    The profit-motive of capitalism (monetization and surveillance capitalism) are what’s destroyed the web. It went from an “information superhighway” lead by techies, scientists, and individuals sharing knowledge to a corporate lead value extraction machine.

    Obviously servers cost money, and there are many valuable services, but the infinite growth model guarantees enshittification and paying customers getting assimilated by the borg eventually (cable and now streaming ads, despite profitability).

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    • captainlezbian@lemmy.world ⁨4⁩ ⁨months⁩ ago

      But also the techies wound up with a serious faction who started asking why they aren’t allowed to be kings

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    • Badeendje@lemmy.world ⁨4⁩ ⁨months⁩ ago

      The factory must grow!

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• Uglyhead@lemmy.world ⁨4⁩ ⁨months⁩ ago

  They are the MS of the 2000’s; maybe worse

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  • R00bot@lemmy.blahaj.zone ⁨4⁩ ⁨months⁩ ago

    Come on, Microsoft was obviously worse. Steve Ballmer was atrocious.

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    • Uglyhead@lemmy.world ⁨4⁩ ⁨months⁩ ago

      But,…developers

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• xebacot@futurology.today ⁨4⁩ ⁨months⁩ ago

  More evidence that indians ruin everything they touch.

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  • anton@lemmy.blahaj.zone ⁨4⁩ ⁨months⁩ ago

    Take your xenophobia back to reddit.

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  • sigmaklimgrindset@sopuli.xyz ⁨4⁩ ⁨months⁩ ago

    Lmao a 2 hour old account, just to post racist remarks on this particular thread. Absolutely no balls.

    Post on main or GTFO, coward.

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