this post was submitted on 12 Jun 2024
392 points (95.6% liked)
Technology
59329 readers
5008 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Because it's all a corporation and a huge part of the corporate capitalist system is infinite growth. They want returns, BIG ones. When? Right the fuck now. How do you do that? Well AI would turn the world upside down like the dot-com boom. So they dump tons of money into AI. So..... it's the AI done? Oh no no no, we're at machine leaning AI is pretty far down the road actually, what we're firing the AI department heads and releasing this machine leaning software as 100% all the way done AI?
It's all the same reasons section 8 housing and low cost housing don't work under corporate capitalism. It's profitable to take government money, it's profitable to have low rent apartments. That's not the problem, the problem is THEY NEED THE GROWTH NOW NOW NOW!!!! If you have a choice between owning a condo where you have high wage renters, and you add another $100 to rent every year, you get more profit faster. No one wants to invest in a 10% increase over 5 years if the can invest in 12% over 4 years. So no one ever invests in low rent or section 8 housing.