[flagged]
whether he's a bully or not has zero effect on the correctness of his statements
It's going to be interesting if they really enable full ActivityPub integration
This article isn't FUD and your comment adds nothing to the discussion except setting up a strange strawman to attack for some reason I can't quite fathom.
I don't want to see HN become more like Reddit where comments like this tend to dominate, they don't add to the community and only promote negativity and ill-will between community members.
I do not invest in Meta specifically, but I would likely not vouch for any companies in my investment portfolio. It's up to the government and the courts to go after them, not me with a paltry few thousand dollars worth of shares.
Except that the government benefits from their financial success (through taxation and political donations) and the courts are more likely than not following laws that were written to favor them and their interests (through lobbying and regulatory capture), so how do you see this actually happening?
If people voted for a government that is butt buddies with the large corporations that exploit society through lobbying and regulatory capture, then the values of that society are already represented, and everyone compromised into unethical corporations having their way.
What is not feasible is me, as an individual investor, voluntarily handicapping my ability to profit off something completely legal, out of some misguided notion that by divesting a few thousand dollars of some unethical company shares I would be saving a society that is far beyond salvation.
I am not the main character in the world at large, I am not a savior. I am just getting by life trying to do what I can that my wife and child are happy. That's really all there is.
You are saying this is as if there were no other alternatives for you to employ your excess capital. This is certainly not true.
> some misguided notion (...) I would be saving a society that is far beyond salvation. I am not the main character in the world at large, I am not a savior.
I'm starting to hear this recently, usually thrown at me with the accusation of having Savior Complex with it, and I truly don't understand it. To me, the point is less about saving "society" and more about being able to sleep at night with a clear conscience, knowing that for all the shit that is going around in the world, my work is not doing things worse.
> I am just getting by life trying to do what I can that my wife and child are happy.
Honest question: have you ever talked with your wife about what how much material wealth do you need to be happy?
None that I would vouch for as being morally superior. Capitalism is at odds with ethics. Which is why I favor the idea of government as a strong regulator.
> more about being able to sleep at night with a clear conscience
I sleep at night with a clear conscience. The quiet sleep of those that follow the laws agreed upon by society.
> have you ever talked with your wife about what how much material wealth do you need to be happy?
She is a woman. Her answer is "more".
Then maybe we shouldn't invest in most companies?
> The only thing you are doing is missing out.
"First, do no harm".
If someone tells you they are going to rob someone else's home with a 0% chance of getting caught, do you join them?
Speak for yourself. I and I would say most don't care about your moral grand standing.
> If someone tells you they are going to rob someone else's home with a 0% chance of getting caught, do you join them?
Neither do I care about arguing against a straw man.
Everyone buying shares do it for one of the following reasons:
- They expect to receive a dividend
- They expect to sell it at a higher price later to "someone else".
In the first case, if you believe that the company is unethical, it's immoral to buy a share because you'd be profiting from their wrongdoings. By doing so, you are an accomplice.
In the second, by buying the share you are not signaling you condone the company's actions, but you also have an incentive to get other people in the system.