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Joined 1 year ago
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Cake day: July 4th, 2023

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  • There’s been a two pronged assault on it over the years.

    Mostly from websites doing anything to spam up the results via SEO and mass produced articles about product recommendations, that are little more than the top 10 selling items of that type on Amazon along with affiliate links.

    But also from within as Google morphed from a search company to an advertising company. Especially once they reached peak saturation and that all important growth must continue. I just don’t think the capitalism machine works for these tech corporations once they reach the size of Google. How do you even grow from there? Enshittification and eating yourself is the only possible outcome.








  • I class market trackers as investing rather than gambling.

    Sure they can still go down (and by a lot), but it tends to be big events like COVID that do that, and it soon bounced back up again.

    If you’re investing more than a few percent of your portfolio in any one company, you’re probably gambling though. And sure, nVidia look a safe bet today, but if Sam Altman comes out tomorrow and goes “sorry guys, this ain’t going anywhere” then you’ll lose over half your money before you can blink.

    I wouldn’t invest on a timeframe of less than a few years either. It’s not for boosting your rent money. It’s just better than leaving your spare money in cash. If the concept of “spare money” is alien, then it’s probably not for you.