Nvm figured out. For some reason boost wasn’t showing the imgur clip. I switched to Voyager and I can see the link.

I can’t see the video for some reason…

You’re underestimating how short term people’s memories are.

I mean, isn’t a company’s valuation decided by the company themselves? Rest, when market forces are controlled by private hedge funds, asset management companies, and retirement funds, I feel normal Market rationality cannot be assumed. Market ownership right now is highly concentrated in these entities, and they have all the incentives to keep these valuation up for the reasons you stated.

It’s interesting that the more you learn about the market the more it looks like a ponzi scheme😂

His net worth is inflated even by American standards where net worth is already insanely inflated.

A lot of times, company evaluation is calculated by being roughly 10x it’s yearly revenue. Alphabet, meta, all fit this. Space X is literally valued close to 100x

In my opinion, the control of mass media is a problem that comes after you elect a dictator. Like we’re talking orban and netanyahu here. Trump did not have Media control until 2016. While arguably he did have some in 2024, his media control wasn’t this strong at any point in history.

Media control is the reason why getting rid of dictators is extremely hard. What I am talking about is what even gets them into the office in the first place

The affinity towards dictators could be partially explained by this

https://youtu.be/rE3j_RHkqJc

And because of FPTPs ability to drown voices that are not popular, these dictatorial leaders tend to rise at the top, and only option becomes the other party. The equilibrium of FPTP is a two party system, exactly like the one we see in America.

Unfortunately Trump is a product of this exact machinery.

It’s something expected to happen in first past the post electoral systems. It’s by design things like these happen

I mean, he did say he sold out to private equity cause he wanted to retire basically. His channel is basically now his retirement investment

Honestly it’s laughable when westerners say " trump is doing X to distract from the Epstien files" no dude, he does it cause he’s insane. He doesn’t care about the Epstien files. He knows he’s above the law while he’s serving as the president

I reached the limit while reading this comment

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No dude, his proposal is a genuine recipe for disaster. I mean, disaster for Americans not for the AI companies. Do you think 50% ownership in these companies mean governance? Maybe but it’s not going to stop them from spending like crazy, which they already are. Bernie is framing it as democracisation of profits, but with an impending bubble that’s about to pop, it will most likely end up with democratization of losses. What’s worse this also would become a very nice excuse for future bailouts as now millions of people’s wealth is tied to the companies. In long term, it’s going to benefit the AI companies more.

Glad to know I wasn’t the only one who was thinking it

For someone who doesn’t live in America, Delaware sounds like a perfect place for cyberpunk dystopia

How interesting their paid tier has no mention of being ad free

I am completely sober but the Idea I got is more insane than yours.

The trust thing basically cannot work for me. It’s not only expensive, but I don’t think it’s a good idea to operate a social media trust from my jurisdiction( India ). So if anyone wants to go forward with trusts, it must be someone from Europe not me.

The idea I have, which honestly sounds crazy, but may be the only way individual owners can run these instances, is the idea of mutually assured destruction. Basically, why, despite having nukes, have we not used them yet? Because nuclear attack means both the partners will mutually assured destruction.

Similarly, if I give admins and server owner both the power to delete the server, with admins having to vote a simple majority in order to do so, it basically creates a mutually assured destruction scenario, where both have to co-operate.

Good shitpost lol

My brother I live deep inside a city and the heat is unbearable. The wet bulb temprature here is higher than 30c. Being outside isn’t much of an option for me