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    squared99 (squared99@mastodon.coffee)'s status on Sunday, 29-Dec-2024 17:09:51 JSTsquared99squared99

    Tech billionaires like Musk, Bezos, and Zuckerberg didn’t get rich because they’re geniuses—they got lucky during the wild days of the dot-com bubble.

    Back then, companies were valued on "visits","eyeballs", not actual profit. They usually posted losses.

    Laws were literally created to prevent the same level of financial reporting, and data use.

    Their wealth isn’t about innovation; it’s about gaming an unregulated system.

    Explains their current motivations.

    #uspol #cdnpoli #Politics #tech

    In conversationabout 5 months ago from mastodon.coffeepermalink
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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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