Can we do away with trillion dollar companies already,. please? They’re not doing anything good for anyone, it always ends with some CEO’s and shareholders enriching themselves over the backs of others
No company should ba r a worth of more than a billion dollars
No single person should have a net worth of over 10 million
to be fair amazon has revenues of 700 billion a year. apple is like 400. You can tax the profits down to nothing but like, we can’t all get iPhones if apple is worth 1billion. im not even sure if they can make an iPhone with 1 billion.
I think the individual 10m is fine, but like, apple has a billion customers. im gonna lose all my photos if they are worth a billion dollars and no new phone. billions of people trying to get a product now, it makes sense that some companies are worth trillions. regulate and tax the shit out of them.
im gonna lose all my photos if they are worth a billion dollars and no new phone.
This is some weird mental hoops you are going through to reach that conclusion.
You have to imagine a world before enshittification , where interoperability was a thing and your media wasn’t held hostage behind a gated platform.
I was in a world before enshitification I vividly remember the hopes of the 1990s. Watching hand held cameras get into the hands of the masses, expanding art and culture of the time. Watching that turn into YouTube and regular people getting paid to entertain regular people. I remember all the dead promises friend. Supply chains are too complicated to place an arbitrary market cap of 1 billion dollars. it doesn’t make sense when companies now serve billions of people. I’m not going to be able to open up a small business of producing iPhones. That requires an insane amount of resources that you probably cannot fathom if you think a billion dollars is a reasonable market cap. I just wanted to point out that a lot of things you enjoy wouldn’t exist in this imagined rule.
So id love to hear how you reorder the global economy and supply chains under a “1 billion dollar company max valuation” How do you get things like iPhones and server farms that hold a billion peoples data?
Couldn’t have happened to a worse company! Hope it hurts even worse later on and fractures the Execucultist’s will to shill AI further. 😈
Oh good. AI is collapsing and it’s taking Oracle with it.
OpenAI’s mounting costs — set to hit $1.4 trillion
Sorry, but WTF!? $1.4 Trillion in costs? How are they going to make all of that back with just AI?
I think there’s only one way they can make this back: if AI gets so good they can really replace most employees.
I don’t think it will happen, but either way it’s going to be an economic disaster. Either the most valuable companies in the world, offering services that the next couple of hundred companies in the world depend on, are suddenly bankrupt. Or suddenly everybody is unemployed.
1,400,000,000,000
I used to be amazed at how much a billion was, but this many 0s makes my head explode.
These must be bubble inflated costs to match the bubble inflated revenue.
One million seconds is 11.5 days, one billion seconds is 31.7 years, and one telling seconds is 31,700 years.
