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Joined 3 years ago
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Cake day: June 19th, 2023

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  • Going public just means that the shares will be traded on a public market (stock market) rather than being held privately. So anyone who wants to buy shares can. There are some legal requirements to be publicly traded, largely regarding public disclosure of finances and assets.

    The major difference would be that suddenly anyone who wants to have a say in how they are run can buy shares, and if they buy enough shares, they can pressure leadership in to making decisions they would not have otherwise made. also, people buying the shares probably will want to see their shares increase in value, and thus leadership will be pressured to please the stock market hive mind. Potentially it opens them up to a hostile takeover where some outside group buys up enough shares to replaces the leadership with people they want in charge.






  • Funny thing from history, western railroads in the US were a really interesting phenomenon of nonsense. Like, people are familiar with a few common tidbits, like them building long winding routes to pick up as much land as possible.

    But more interesting is how they were marketed to investors. Eastern railroads were built between existing urban centers and hubs of commerce where there was already demand for transportation, western railroads were being built in to areas where that really wasn’t the case. The idea being that once they were done, demand would spontaneously appear because of their presence. This did happen to some extent, but often the demand that appeared was far smaller than expected and not high enough value to generate enough revenue to pay the debts the railroads had taken on during construction. So they were constantly going bankrupt and going out of service, meaning that the people who had moved there and created demand were suddenly cut off and left stranded.

    Of course, the real money in western railroads was in the railroad construction companies who massively over charged the railroad companies and pocketed the difference, and of course they moved as slow as they could get away with. The people running the railroads of course had no issue with any of this, because they didn’t own the railroad companies, the investors did… but they did own the construction companies that they hired.

    It was a huge scam built on the promise of a new technology and the fantasy of use cases just materializing once the capacity had been built. It caused several major economic depressions in the late 1800s.

    Good thing society learned from this and never fell for that con ever again. I’m sure this has no barring to AI datacenters.


  • at a certain point all you can do is laugh. Like, there is so much being left on the table, so many legitimately useful applications, but they only seem to care about chat bots and robots, because their conception of useful and powerful isn’t a better product, but how they can substitute capital expenditure for labor.

    Managing people is hard, developing new products is hard, implementing new technology is hard. Selling vapor wear to other business? Easy. Taking in a bunch of investment on outlandish promises and then selling the company before you have to deliver? Easy. Making usage numbers go up by forcing something infront of users? Easy.






  • I think in the case of Utah it’s something beyond just wanting to spy on people. I think the LDS(Mormon) church legitimately wants to stamp out porn all together among it’s members. The first step to that is of course, getting a comprehensive list of everyone viewing porn, via ID collection. Then hand that list over to the LDS church, who can name and shame members they find on it.

    Now, they probably will not be able do this everywhere, but, in Utah, it is absolutely with in their power given how much power it has over the state government.




  • It’s not just Reddit, so many companies try and shunt you off a mobile web page and on to their app, despite many apps being little more than a pre loaded mobile web pages.

    Why? Because users can modify how they interact with a web page, they can install extensions that modify how the code from the website is run, or just deny web pages access to some other process. There is very little a company can do about that, they have no control on how the user chooses to run the page. But… with an app, users can’t modify how the program is run. No plug ins, no web extensions, no choosing not to run some part of it, just the software as distributed by the company. Meaning full fat ads and complete access to any information the OS will let them have, way easier to make money on users that way.

    Technically, it’s possible to alter any program, but it’s very hard if don’t have the source code, and it’s illegal to do so in many cases thanks to section 1201 of the DMCA, especially if you try and distribute that modification or tell others how to do it. Which is dumb, it’s your computer/phone, they shouldn’t get to tell you what code you can and can not run on it, they shouldn’t be able to force you to run code on it you don’t want to.




  • megopie@beehaw.orgtoLinux@lemmy.mlLinux focused on Privacy ?
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    2 months ago

    Most distros don’t collect any data by default.

    Basically any distro not built and maintained by a company will be a thousand times more private than Mac or windows. Arch and Debian are both good in that regard, most distros are derived from those. There is also Fedora which is a community project, but it’s very heavily involved with Red Hat inc who is owned by IBM. I’ve never heard about any privacy issues there, but, it’s worth keeping in mind.

    If you want something super secure and locked down in regards to privacy, there is Tails which has a lot of neat tricks and tor built in. Not sure I’d recommend it as a daily driver but it’s got it’s use cases.