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Cake day: October 30th, 2024

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  • Viri4thus@feddit.orgtoTechnology@lemmy.world*Permanently Deleted*
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    7 days ago

    Richard Wolf had a very good take on all of these Silicon Valley “disruptors”. It’s basically been the neoliberal US american MO for the past quarter century:

    Step 1: get a bunch VC money by promising the moon

    Step 2: “disrupt” by undercutting the established moon due to lack of regulation. Even though it’s an inferior product, it’s VC subsidised, so it’s cheaper than the established businesses.

    Step 3: due to lack of regulation, your business drives established operators to bankruptcy. This is basically dumping but the regulation hasn’t caught up.

    Step 4: become the monopoly and suck as much money as possible from your customers to generate “shareholder value”
















  • Yes, you would. Some of the best alternatives are German (like Hetzner) and they don’t take off because of US government influence stopping local businesses from accruing profitable contracts both in the private and public sector.

    I’d love to see tariffs on US tech Invaders and a moratorium forbidding US companies from buying EU direct competitors for 20y. A cursory look over the meta anti-trust suit should tell you why. Meanwhile MS has killed Nokia, Skype, still owns (and continuously enshitifies) Mojang, just to name a few.