Hmm just good old late stage capitalism there, I think. The CEO recently said legalizing war crimes would be good for business and seems to have a cocaine problem to boot. No doubt fueled by the same investor groups though.

Prediction: the bubble is real but financiers will find ways to kick the bull down the road until they can force enough adoption & ad insertion to not lose out. The other option is that we pay it, of course. Takes on which is worse?

Cloudflare, AWS, and other recent major service outages are what come to mind re: AI code. I’ve no doubt it is getting forced into critical infrastructure without proper diligence.

Humans are prone to error so imagine the errors our digital progeny are capable of!

Indeed. Seems every week Plex takes some action to enshitify their service more and more.

Utilities beholden to investor groups have been price gouging customers long before AI came along. We need governments that can competently govern and regulate.

Finamp is the official iOS Jellyfin music player. If only the would publish the latest beta version to the App Store! Apparently it’s so much better than the current release, but I refuse to sign up for test flight and the associated Apple terms.

Stiff competition, that. This guy is just playing it safe, saying what his bosses want to hear.

Privatize the profits, socialize the losses

Personal privacy is always worth the cost. The ‘subsidies’ can go away anytime, so better to not be locked into an expensive spyware platform to begin with.

Tech companies don’t innovate anymore. Their Wall Street string-pullers demand reliable profit growth so they kill innovation through buyouts and are left with stale products they can only make worse and/or charge more for. Layoffs are a direct wealth transfer from working class labor to wealthy shareholders and the street rewards execs for it every time.

And if you’re thinking AI is innovative, it’s got executives in a fever pitch for the same reasons - so companies can fire expensive labor and big tech can become even more monopolistic, shove more ads, push more propaganda, and control the internet. It’s fortunate it doesn’t work that well so far. Bubble can’t pop soon enough.

A key aspect of a corporation is to protect execs liability. Anything they do is the legal responsibility of the corporation.

https://en.wikipedia.org/wiki/Corporate_liability

Also see Citizens United in the US.

Never believe a billionaire’s sales-pitch

The guy became a billionaire from a ‘hot or not’ college website…

They really don’t think past the next quarter or two. And even if they did they aren’t lacking on new ways to exploit people.

But the filthy wealthy gotta grow their wealth somehow!

The amount of power shareholders hold over every major (American) enterprise isn’t talked about in a way that presents a clear problem between increasingly expensive and shitty services, layoffs, anti-worker practices, political corruption and these shareholder groups. C-suite are part of this group but they’re also afraid of removal via hostile board takeovers and so easily justify acquiescing to shareholder demands. Perhaps it’s because the same investors hold the same sway over (American) media with the added benefit of using it to brand themselves as exceptional leaders. Lots to untangle there…

Their business model has been to undercut and extinguish their competition for as long as they’ve been around. The ‘good’ you talk about is about controlling the market and leaving you with no choice as they’ve already largely done with your ‘nicer stuff’. Workers will be shit-canned without a second thought if they realize their ai/robot dreams. Drugs will become more expensive again once they capture the market.

The world depends on everyone voting with their wallets despite the inconvenience. You don’t have to be perfect, just make some changes. Pay more and support your small local businesses whenever possible.

Agree, they usually like to blame the economy, ‘the market, or things perceived as outside their control and avoid taking responsibility.

I believe this is why tech execs and investors are so hot on pushing AI into everything. They’ll control everyone’s digital experience and you can 100% count on being force fed ads and paid propaganda. Embrace, extend, extinguish