784 karma · joined November 19, 2022
A quick ChatGPT search tells me Intel owns none of it's own stock, so I'm confused. It tells me a company can sell newly created stocks and dilute the value of the old stocks. I didn't know this was possible. Is this the proposed case?
They get hate because support war efforts / police / intelligence.
They do 5 year contracts with the govt then bump the prices once they're sticky, like a J curve, hence the valuation.
How was this determined?
I think economic freedom is a powerful motivator. Unlocking a social media account is hardly a deterrent.
As Peter Thiel said: if you double your price and don't lose half your customers, you're making profit.
Hypothesis: people who regularly use social media score higher then the average population in narcissic personality trait.
What big tech wants are people who are willing to give up everything for the dream of making money, and that's what they got.
Edit: Our life is pretty good in any case. I would never let my kid go outside and play unsupervised in Seattle even tho I myself did this as a kid in my home town (the safety I was mentioning).
The financial purpose is to create a J curve with income. Lose a bit or money first, then charge monopoly prices.
I don't like Palantir at all. Anecdote: I got drugged without consent _twice_ while employed there. The first time was minor but the second time hurt me and I'm still hurt from it. I can only guess but I think I got dosed with a large amount of Adderal or meth. I quit after that. I wanted to get authorities involved, but Palantir contracted for them, so I didn't out of fear.
This being said, if you're a UK employee and think this is a good idea: you're about to get screwed out of a lot of money long term. And you won't be able to leave because Palantir's tactic is to be as sticky as possible.
For those of you who go through that, don't agree to the statement if they modified it, like mine. There's no cameras or recording devices so they can be dirty, and they abuse that fact. You have no rights at all at the border, and your assumptions on decency and honesty are not correct.
My assumption to this day is that they thought I was trying to work illegally, but this is not the case.
Edit: I had applied for a GC years before this happened, so I think the officer thought I didn't want to leave. This was not the case however. The case had been approved but not processed.
It's a spying device people willingly put in their homes for the convenience of a timer you can active with your voice.
Edit: It could be that it activated mishearing "Alexa". I don't have hard evidence of mass spying. I think this wouldn't be hard to prove intercepting the data using something like Wireshark. Even if it's encrypted, you could tell by the data size. The recommending products while chatting with my wife anecdote happened multiple times tho, which convinced me to relocate the Alexa device in the garbage. It seems unlikely to me to not mine the voice data to generate ads, or to do law enforcement.