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Posts
33
Comments
245
Joined
2 yr. ago

  • Advertise. And Geocaching is a great way to do it.

    I'd recommend a post in the community encouraging people to put a url and/or QR code into some geocaches. Maybe with a sticky at the top of the community that explains what Lemmy is.

    Consider the point of view of a person who finds the QR code in the geocache.

  • And they think everyone just ate the WMDs in Iraq thing. No, I was there at the protests. Many of us knew it was a bullshit excuse.

    The only thing Iraq and Al Qaeda had in common was the Q. We knew that then.

  • Honestly the biggest difference with the 90% marginal rate is that the reputation of your company used to be more valuable than cash.

    Back then to avoid the top bracket, you'd reinvest into your company and make sure it paid you and your family out for the next hundred years.

    Now you don't have to deal with all that. Just sell out or cash out asap, and you don't really need to deal with making sure the company is well run or maintains a reputation.

    In fact, a reputation since the 1980s has increasingly just been an untapped source of cash. Buy the company, cut every corner, and it'll take years for the reputation to catch up to how shit the product has become.

    This has been the biggest driver of enshittification over the past fifty years.

    The current added push to enshittification is venture capital drying up. Consider Uber, a company whose entire business model was to skim money off of drivers who provided all of their own equipment. Once you've scaled enough to dwarf the relatively fixed cost of building the app, nearly everything they bring in should be pure profit. But they ran at a huge loss every year. Why? Because the way to make money in the 2010s wasn't to build a better mousetrap and sell it for profit. The way to make money in the 2010s was to attract venture capital and cash out. The more you could spend, the more attractive you'd look to hedge funds and investors.

    Now with relatively easy 6% investments lying around left and right, the desperate search for investment dumps is gone. All these places that were structured for big numbers to get a higher valuation suddenly need to just be profitable off their mousetraps.

    Does that make sense?

  • After they make the change, someone with an old Hue bulb should go to the Consumer Financial Protection Bureau.

    Making this decision retroactive is clearly false advertising and anti-consumer. I don't really give a shit what their terms of use were.

    They can do what they want with their future bulbs. The old ones need to be grandfathered in.

  • enshittification is an inevitable late stage consequence

    Maybe, but I don't think it is. Enshittification is a direct result of our tax policy that encourages cashing out, only looks at the short term, and requires constant growth.

    There was a time when companies built a reputation and held onto it for a hundred years. We could go back to that.

    Tax the rich.

  • We're all smart enough to understand the spirit of this law, and know that in this situation he's not going to have an issue with the letter.

    He could make a phone call and get a letter from the US government.