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If that statement is true, I would like to add: All financed by human attention on ads and selling out their users' personal data. Congratulations, humanity. N
by zelphirkalt 3y ago
If that statement is true, I would like to add: All financed by human attention on ads and selling out their users' personal data. Congratulations, humanity.
Now, what could we have achieved in useful areas, with that kind of money?
- qp11 3y agoMore like it gets hard to achieve anything else because all other heavy duty sectors of the economy are already monopolized. When Google entered the telco space you would think they would easily take down the ancient parasites that are AT&T/Verizon/Comcast, but what happened? Same story with Apple trying to get into auto/banking (credit cards)/content. So the money is only going to be used in this way. They can't touch Exxon or Monsanto or Pfizer or Boeing. They can't do a thing about housing or education or health or banks. So burning cash on novelty becomes their default path of least resistance. "Useful areas" have all been walled up.
- phyrex 3y agoMeta does not sell personal data, they just use it for ads