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Tough, Tiny, and Totally Repairable: Inside the Framework 12

Technology
109 70 406
  • 89 Stimmen
    15 Beiträge
    62 Aufrufe
    S
    I suspect people (not billionaires) are realising that they can get by with less. And that the planet needs that too. And that working 40+ hours a week isn’t giving people what they really want either. Tbh, I don't think that's the case. If you look at any of the relevant metrics (CO², energy consumption, plastic waste, ...) they only know one direction globally and that's up. I think the actual issues are Russian invasion of Ukraine and associated sanctions on one of the main energy providers of Europe Trump's "trade wars" which make global supply lines unreliable and costs incalculable (global supply chains love nothing more than uncertainty) Uncertainty in regards to China/Taiwan Boomers retiring in western countries, which for the first time since pretty much ever means that the work force is shrinking instead of growing. Economical growth was mostly driven by population growth for the last half century with per-capita productivity staying very close to inflation. Disrupting changes in key industries like cars and energy. The west has been sleeping on may of these developments (e.g. electric cars, batteries, solar) and now China is curbstomping the rest of the world in regards to market share. High key interest rates (which are applied to reduce high inflation due to some of the reason above) reduce demand on financial investments into companies. The low interest rates of the 2010s and also before lead to more investments into companies. With interest going back up, investments dry up. All these changes mean that companies, countries and people in the west have much less free cash available. There’s also the value of money has never been lower either. That's been the case since every. Inflation has always been a thing and with that the value of money is monotonically decreasing. But that doesn't really matter for the whole argument, since the absolute value of money doesn't matter, only the relative value. To put it differently: If you earn €100 and the thing you want to buy costs €10, that is equivalent to if you earn €1000 and the thing you want to buy costing €100. The value of money dropping is only relevant for savings, and if people are saving too much then the economy slows down and jobs are cut, thus some inflation is positive or even required. What is an actual issue is that wages are not increasing at the same rate as the cost of things, but that's not a "value of the money" issue.
  • US Senate strikes AI regulation ban from Trump megabill

    Technology technology
    3
    73 Stimmen
    3 Beiträge
    22 Aufrufe
    C
    No one likes little teddy, it appears.
  • 103 Stimmen
    22 Beiträge
    54 Aufrufe
    T
    Nobody is ignoring these imperial invasions, genocides, etc. USA is actively supporting them.
  • 210 Stimmen
    31 Beiträge
    120 Aufrufe
    T
    In 2025 it would be anything above 3.6 million. It's a ton of money but here's a list of a few people that hit it. https://aflcio.org/paywatch/highest-paid-ceos Now if they added in a progressive tax rate for corporate taxes as well.... Say anything over 500 million in net profit is taxed at a 90+% rate. That would solve all sorts of issues. Suddenly investors of all these mega corps would be pushing hard to divide up the companies into smaller entities. Wealth tax in the modern age could be an inheritance tax. Anything over the median life earnings of individuals could be taxed at 100%. So median earnings in my area is $65K * 45 years (20-65k) = $2.93 million.
  • 7 Stimmen
    6 Beiträge
    31 Aufrufe
    db0@lemmy.dbzer0.comD
    VC-backed OpenAI is the most valuable company in the world and is engaging in massive environmental destruction. The US state just went into cahoots with them to the tune of billions VC-backed Uber and AirBnb disrupted multiple estabilished industries for the worst by undercutting them through loss-leading. VC-backed Facebook killed or purchased all its rivals and consolidated almost all social media to the detriment of the whole world.
  • 39 Stimmen
    15 Beiträge
    35 Aufrufe
    C
    I believed they were doing such things against budding competitors long before the LLM era. My test is simple. Replace it with China. Would the replies be the opposite of what you've recieved so far? The answer is yes. Absolutely people would be frothing at the mouth about China being bad actors. Western tech bros are just as paranoid, they copy off others, they steal ideas. When we do it it's called "innovation".
  • There's no chance he signs it but I still hope he does

    Technology technology
    15
    1
    36 Stimmen
    15 Beiträge
    57 Aufrufe
    E
    And they've been doing it more blatantly and for longer than most tech companies.
  • 1 Stimmen
    5 Beiträge
    24 Aufrufe
    A
    Turns out dry sarcasm doesn't come across well in text form, if only there was a way to indicate it