UnderpantsWeevil

joined 1 year ago
[–] [email protected] 2 points 2 hours ago

There's a staunch libertarian view on Lemmy, wherein people will advocate for personal liberty ahead of technological progress. The Country Mouse has it better than the City Mouse, because he can own a gun and drive a big truck and smoke weed without the neighbors ratting him out to the cops. The lack of basic amenities - subways and school systems and high speed internet and big medical centers - is worth the increased personal autonomy.

The "Serfs had it better" trope takes this to its logical conclusion. Rolling back the technological frontier 500 years is worth it, because the surveillance/police state and the corporate oligopoly even on the fringe of society is seriously that bad.

I don't agree. But I can't really argue against it. This is just a personal preference. Its not any kind of objective truth.

[–] [email protected] 1 points 2 hours ago

So you're not really a serf if you've got plumbing? The labor relationship with your employers isn't the issue?

[–] [email protected] 2 points 2 hours ago (1 children)

The dark cowboy rides again.

[–] [email protected] 1 points 2 hours ago* (last edited 2 hours ago)

If you can buy a ten and one works, you've saved money. Two work and you're making money. The only question is whether the tenth card really will work or not.

[–] [email protected] 4 points 2 hours ago

I've been hearing about the imminent crash for the last two years. New money keeps getting injected into the system. The bubble can't deflate while both the public and private sector have an unlimited lung capacity to keep puffing into it. FFS, bitcoin is on a tear right now, just because Trump won the election.

This bullshit isn't going away. Its only going to get forced down our throats harder and harder, until we swallow or choke on it.

[–] [email protected] 1 points 5 hours ago

It is expected that many .worlders would just jump ship to another instance.

Why? Why wouldn't they just consume the click bait content and shameless pandering propagated by the incoming owner, just like folks still on Twitter, Facebook, and Reddit?

For as long as one organization doesn’t control 60%+ of all user’s instances

You don't need 60% of instances. You need the plurality of site content. That's what the users are coming for.

[–] [email protected] 4 points 12 hours ago (1 children)

Things were better before they got worse, sure.

But the problem in these systems is the trade off between centralization (consolidated control and monolithic content) and federation (poor navigation/petty administrative feuds/less quality content). Switching from Twitter to BlueSky relieves you from the current admin's fuckups, but you're still stuck in a flawed system.

[–] [email protected] 2 points 12 hours ago (1 children)

People don't like the monolith when it's over there and they don't like it when it comes over here, either

[–] [email protected] 7 points 12 hours ago (4 children)

The only difference being that it will become the Twitter from before Musk took over.

Dorsey is just as emotionally stunted and socially reactionary as Musk. He simply isn't as wealthy.

BlueSky has thrived not because Dorsey crafted it into a purer vision, but because he's neglected it and allowed the user base to have their way.

[–] [email protected] 2 points 12 hours ago (6 children)

Do you think the same about lemmy?

I think it depends on how the federated sites are administered going forward. We've already seen bigger sites - like Threads, for instance - try to integrate into the overall ecosystem. And I could see a future in which one of the larger instances - a .world or .sh.itjust.works - is too much for a handful of amateur admins to handle. Hand off the instance to a venture capital firm and you could see rapid enshitification.

I just have a lot of trouble explaining how it works to people who aren’t tech savy…

I'm reasonably tech savvy and even I'd struggle to tell you exactly how it works. How is .world hosted? Is it load-balanced or otherwise optimized? Who controls registration and which other instances does it integrate with? How do you find a list of active instances to federate against? Who do you even talk to in order to federate with another instance? What does the API look like and which instances allow you to crawl them? How do bots integrate with the environment and what can an admin do to limit them? No idea.

There's a bunch of things I think I should be able to do but I can't. For instance, signing into .world but only surfing content that's hosted on .sh.itjust.works.

There's also a lot of petty politics. Admins deciding on a whim who to block, whether it be individuals or whole instances. Waking up one day and suddenly not having access to a dozen of my favorite subs, because two admins are feuding, is not particularly fun. I never have a problem like that on BlueSky or Instagram.

[–] [email protected] 1 points 13 hours ago (1 children)

https://en.wikipedia.org/wiki/Dot-com_bubble

This goes all the way back to '98, when the original slew of start-ups gobbled up investments only to flop a few years later. Web2.0 had its own bubble burst starting in 2008, taking down a host of the early social media ecosystems (MySpace, Yahoo, and Geocities, most famously). Huge upfront investments with the promise of explosive ROI that took far longer to materialize (or simply never did).

A great deal of the valuation in these firms was built on lies and bullshit - misreported user activity, overly optimistic monetization estimates, and outright accounting fraud.

2020 gave us what looked like was going to be a third Crypto bust wave (FTX being the big industry leader leading the charge). But the pivot to AI appears to have bailed a lot of the bigger investors out. We'll see how long that lasts.

[–] [email protected] 5 points 13 hours ago (2 children)

refuse investment from undemocratic nations like GCC or China

:-/

 

Gizmodo filed a Freedom of Information Act (FOIA) request with the FTC to get complaints sent to the federal agency about crypto scams that pretend to be affiliated with Musk. We obtained 247 complaints, all filed between Feb. and Oct. of this year, and they’re filled with stories of people who believed they were watching ads for authentic crypto investments sanctioned by Musk on social media.

The ads sometimes featured the names of Musk’s various companies, like SpaceX, Tesla, and X, while other times they utilized Musk’s association with neo-fascist presidential candidate Donald Trump.

...

Some people in the complaints believed they were talking directly with Musk, a sadly common story that has popped up in news reports before. But they weren’t talking with Musk, of course. They were communicating with scammers engaging in what’s called pig butchering—the name for a type of fraud popularized in the mid-2010s where scammers extract as much money as possible through flattery and promises of tremendous profits if the victim just “invests” where they’re told.

 

Deciding the equipment vendor is a dastardly Chinese threat, successive US governments have struck it with multiple sanctions that would have finished off a lesser company. Yet Huawei, after a difficult few years of shapeshifting, looks almost rejuvenated.

Its performance is entirely at odds with that of Ericsson and Nokia, its traditional rivals, and not what anyone would have expected a few years ago, when Donald Trump – orc leader, from Huawei's perspective – landed the first damaging blows. Last week, it reported a 34.3% year-over-year increase in revenues for the first six months of the year, to 417.5 billion Chinese yuan (US$53.1 billion), building on the 9.6% growth it reported for 2023. Defying expectations, profitability has rebounded. Huawei's net profit margin surged from just 5.5% in 2022 to 12.3% last year before hitting 13.2% for the recent first half.

The main purported goal of sanctions was to impede Huawei in the market for 5G network equipment, the stated fear being that its products could include Chinese government malware for surveillance or worse. Yet their main impact was on Huawei's handset business. Generating 54% of Huawei's revenues in 2020, it was cut off by US legislation from both Google software and cutting-edge chips, far more important to smartphones than they are to network products. Revenues halved in 2021 with the sale of Honor, a handicapped smartphone unit, and they fell another 12% in 2022.

But last year they rose 17% and a continued revival probably explains most of Huawei's sales growth so far this year. A new handset called the Mate 60 Pro has proven a big hit in China. Teardowns have horrified US hawks by apparently revealing 7-nanometer chips, presumed to have no longer been available to Huawei. The received wisdom was that a chipmaker would need a technology called extreme ultra-violet (EUV) lithography to produce them. ASML of the Netherlands enjoys an EUV monopoly and Dutch authorities have prohibited sales to Chinese foundries. Nor, thanks to US sanctions, can Huawei buy EUV-made chips from Taiwan's TSMC or South Korea's Samsung.

The workaround, say experts, has been an older technology called deep ultraviolet (DUV) lithography combined with a technique called multiple patterning. It is thought to be inefficient, even unprofitable, producing much lower yields, the percentage of functional chips derived from a single wafer. When SMIC, the Chinese foundry used by Huawei, saw its gross margin shrivel 6.4 percentage points for the recent second quarter, to 13.9%, and its cost of sales spike 31.5%, to more than $1.6 billion, some analysts blamed efforts to produce 7-nanometer chips with DUV technology. Profitable or not, it seems to have worked.

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