FlowVoid

joined 2 years ago
[–] FlowVoid@lemmy.world 0 points 3 months ago* (last edited 3 months ago) (8 children)

only rich folks or those who are willing to accept money from venture capitalists

Or non-profits that are willing to accept money from supporters.

ActivityPub already existed when they started BlueSky. They chose to not make their protocol compatible.

Because AT protocol has features that are incompatible with ActivityPub, and those features are important to some users.

[–] FlowVoid@lemmy.world 21 points 4 months ago* (last edited 4 months ago)

Uh no, the AI didn't crack any problem.

The AI produced the same hypothesis that a scientist produced, one that the scientist considered his own original awesome idea.

But the truth is that science is less about producing awesome ideas and more about proving them. And AI did nothing in this regard, except to remind scientists that their original awesome ideas are often not so original.

There's even a term scientists use when another scientist has the same idea but actually managed to do the work of proving it: "scooped". It's a very common occurrence. It didn't happen here.

[–] FlowVoid@lemmy.world 5 points 4 months ago* (last edited 4 months ago)

Yes, but that does not mean they want to be publicly traded.

There are plenty of privately held for-profit companies, for example Valve. Their business model does not involve stock prices, in fact it is impossible to buy Valve stock.

[–] FlowVoid@lemmy.world 7 points 4 months ago (2 children)

I doubt that's their plan, since they aren't on the stock market.

[–] FlowVoid@lemmy.world -1 points 4 months ago

You can get much better rates if you are willing to lock your savings in for at least few months. Short term treasury bonds are 4-5% right now.

[–] FlowVoid@lemmy.world 0 points 4 months ago (3 children)

I don't care if companies speculate or if they make a profit.

[–] FlowVoid@lemmy.world 2 points 4 months ago

Nonsense. Most people who boycott products aren't posting about it on the internet.

And I don't know why you assume that opposing one company means you have to oppose others. People are allowed to oppose PayPal but not give a crap about eating meat.

[–] FlowVoid@lemmy.world 3 points 4 months ago* (last edited 4 months ago) (6 children)

I do, but they don't own Coke. And my tap water comes from my tap.

[–] FlowVoid@lemmy.world 10 points 4 months ago (7 children)

I can easily avoid every company owned by PayPal.

[–] FlowVoid@lemmy.world 8 points 4 months ago* (last edited 4 months ago)

It's an open standard now, it doesn't really matter that Tesla was the first. So it's a good thing, kind of like iPhones switching to "Android charging cables".

[–] FlowVoid@lemmy.world 3 points 5 months ago* (last edited 5 months ago)

I'm not sure what you mean.

You seem to be starting with the assumption that market prices should reflect fundamentals, and questioning why they don't. But why do you assume that?

"In the short-run, the stock market is a voting machine. But in the long-run, it is a weighing machine."

You can't ignore or eliminate either machine.

[–] FlowVoid@lemmy.world 1 points 5 months ago* (last edited 5 months ago) (2 children)

I don't care if the market is under responsive to fundamentals. That just means some investors are exercising poor judgment by paying too much attention to irrelevant factors. It also gives an opportunity to investors with better judgment.

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