18,425 karma · joined July 22, 2015
People have had the baby conversation. The stumbling block is money, not Reels or Tiktok. A 50% drop in fertility if true, is low compared to the percentage increase in the cost of childcare, nutrition and education. Especially in a country like Argentina where the locals do not see a future for themselves there even as the billionaires like Gates and Thiel buy up farmland and luxury real estate like no tomorrow - pun intended.
I don't use mobile wallets. I've had a PP account since the time it was required to buy anything on Ebay.
The best feature it has is being able to cancel newspaper subscriptions without the hassle of calling and talking to a retention agent.
Absolutely none of that mattered in the long run because capital markets think environmental destruction is a small price to pay as long as some people get rich.
What kids learn about personal cooling tech and what not won't matter when the supply of the raw materials required to make them is reserved for some VC-funded trillion-dollar 'startup' trying to synthesize an undetectable chemical weapon to get past the bureaucratic red tape of international treaties.
I take it this ambitious Canadian grad hasn't had the temerity to protect his privacy before entering the land of the free[0]
I see a Sequoia Capital funding round in his future.
Facebook and Youtube are just the newest battlefields. If it's not politician ads, it's military ads, partisan "nonprofit" ads, or ads for podcasts. I don't need to see any of them.
That said, as long as UBO keeps up the good fight on the open web, I'm good. Facebook is basically a memory now, and there are other ways to access Youtube that are actually less taxing on their bandwidth because they don't have auto-play enabled and don't show a 45-minute podcast episode as a pre-roll.
I agree that the companies taking on debt have strong balance sheets. Yet they are taking on debt at high interest, and stacking it in off-balance sheet Special Purpose Vehicles. Why, when they have hundreds of billions in cash reserves that could pay for the buildout? It's not like they're socking that cash away to pay shareholders. The big dogs like Google and Meta are paying 27c a share, which is a rounding error for them.
Every single company in this market is losing billions on this business, and the only way to make it back is to acquire paying customers at a loss and jack up prices later.
Steam Deck and Nintendo Switch have a competitor that's the elephant in the room: Chinese Android handhelds that run rings around them on price and play everything from NES to Switch games locally as well as PS5/Steam via remote link.
Pretty soon it will mean "I looked it up on ChatGPT and it says I don't need surgery".
> A lawsuit filed by Scott Winters, a 55-year-old pastor from Florida, claimed ChatGPT told him not to seek medical help after repeatedly asking about symptoms in the build-up to a near-fatal pulmonary embolism.
in the same article:
> OpenAI's Drew Pusateri told the BBC's US news partner CBS News that "ChatGPT is not a doctor and should never be used as a substitute for medical care, diagnosis or treatment".
Yes, I'm sure that was top of mind for Playstation executives when making this decision. /s