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Joined 2 years ago
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Cake day: December 27th, 2023

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  • Isn’t the real problem here that many companies aim to be bought out as a strategy? They focus on growth to secure a sizeable market share. They often do this without regard for sustaining the business. Equity holders like this because market share inflates company value and selling the company will yield even more money. The downside is though, that at some point, the company can no longer sustain this and must be bought out.
    I don’t think irobot really needed to go this route or that they weren’t competitive any longer. They chose to go for market share and big bucks rather than a long term strategy.
    This is why we need more cooperatives. They are better at long term planning, make better products and don’t fall prey to predatory value extraction









  • I was under the impression that something along these lines was already accepted from the perspective of information theory. I.e. a machine that could simulate the universe must at least be composed of as much information as the universe itself. Given the vastness and complexity of the universe, this would make it rather unlikely that the universe is simulated. Unless you want to view the universe itself as a machine that calculates it’s own progression. But that is a bit of a semantic point.

    Disclaimer: this is not my area of expertise and I probably got some terms or concepts wrong. I am basing this off of ‘The information’ by James Gleick