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submitted 10 months ago by jersan@lemmy.whynotdrs.org to c/news@lemmy.world

Breaking news: in one of the most productive countries / economies in the entire history of humanity, the majority of people creating that productivity do not get to enjoy the rewards of that productivity.

same as it ever was.

[-] jersan@lemmy.whynotdrs.org 4 points 10 months ago

great comment!

i tend to agree. i think the fediverse is probably the best model moving forward. it is a challenging problem!

[-] jersan@lemmy.whynotdrs.org 0 points 11 months ago

πŸ‘ πŸ™

[-] jersan@lemmy.whynotdrs.org 1 points 11 months ago

me too! πŸ’œ

[-] jersan@lemmy.whynotdrs.org 8 points 11 months ago

For sure.

with respect to bots, as of this time I don't think it's a problem that can be fully solved, although I do think over a long enough timeline the fediverse is probably the best suited to handle that problem.

I wanted to see a visualization of the relative size comparison, so I used the data that was available on Wikipedia, but this data is approximate at best.

1378

cross-posted from: https://lemmy.whynotdrs.org/post/494473

Compared against the predominant incumbent social media platforms, the fediverse is very small.

information sources:

[-] jersan@lemmy.whynotdrs.org 4 points 1 year ago

cult member checking in.

1

Hi all,

I was thinking about this notion of forming an activist investor group which has been circulating in this community for a little while. To this day I think it is still unclear what that might look like, how to do it "properly", etc.

Perhaps, at least at this stage, we don't even need a formal group or organization at all, perhaps we just need this community that we already have to take a set of actions in this direction.

For one thing, in my opinion at least, there is no online public community space better than this Lemmy instance to get started on this. This Lemmy instance is owned and operated by DRS'd shareholders of GME and is not beholden to outside influence.

I see no reason why we can't use these very discussions on this Lemmy instance, and elsewhere, to determine precisely what it is that we want to propose to the company, and to then proceed to formally make that proposal.


Here is rough plan of action that we GME investors could take without having to create a formal "group" entity:

  1. Determine first what it is exactly that we want to propose to the company. For example, there are already some great proposal ideas such as from this post by Chives
  • Move to have Computershare act as custodian for IRAs
  • Revise the contract of the DirectStock plan
  • Issue a bulk of shares to sell directly to investors
  • Request that GameStop insiders hold their shares in pure DRS
  • Request GameStop to consider becoming their own transfer agent
  • Request GameStop to introduce pro reward incentives for registered shareholders
  1. Once we know what we want to propose, create a formal proposal document that addresses, in detail, some or all of the proposal items we want. Or perhaps, create separate documents, one for each proposal idea.
  2. Put the proposal documents on a website. It could be any website, e.g. it could be the DRSGME.org website, it could be an entirely new clean website with nothing in it except for a single page with links to each of the proposal documents.
  3. Eligible shareholders from the community that meet the formal proposal requirements then proceed to individually propose to the company to review the proposals located at the specified website. E.g. it might go something like: "I propose that GameStop reviews the 6 proposal documents found at gme2023communityproposals.org"

At that point, GameStop receives some number of proposal requests from the community, maybe 5, 10, or 100, or more individuals submit such a proposal and each one is identical or very similar to one another, each of them directing the company to review the proposal documents at the target website.

GameStop confirms on their end that each individual that makes a submission in fact meets the requirements and would then have to address the proposed ideas.


Please critique this idea and offer any suggestions you may have.

[-] jersan@lemmy.whynotdrs.org 2 points 1 year ago

These are some great questions that I don't necessarily know the answer to.

I imagine a discussion platform kind of like Reddit / Lemmy, but where moderators are all democratically elected. This would ensure that the community always has the power to remove moderators that aren't serving the interests of the community. In terms of how changes are made, I imagine an environment that combines the best features of Github and Wikipedia, in terms of how changes are made and decided upon and applied for everyone. That there would be standard processes in place for making suggestions and changes, but that the ultimate power rests in the hands of the community participants.

[-] jersan@lemmy.whynotdrs.org 2 points 1 year ago

You aren't wrong, trust is obviously very important.

What I am trying to describe is the emergence of an alternative system that people could choose to use based on its own merit, similar to how bitcoin has emerged. While many people still don't trust an idea like bitcoin, already many millions of people do trust it, and the aggregate value of all bitcoin is currently something like half a trillion USD because of this, because of the network effect, because many people do give value to it. As the years go on, as bitcoin continues to fulfill its basic promise of being trustworthy, of functioning as intended, more people will continue to trust it and use it because, while flawed, it promises a degree of inherent trust and functionality that is superior to the incumbent alternative fiat currencies that continue to lose more and more relative value every year due to irresponsibility and corruption of the central banks.

In this sense, a decentralized digital identity network would simply be a more functionally decentralized social network. The topic here is trust, and here we are in the fediverse because centralized for-profit social media companies are not preferred by people here, because of trust and other reasons. As the years go on, the experience of for-profit social media companies will have to compete with the experience of fediverse social media, and if fediverse social media is better, it will eventually emerge as a preferred viable alternative, and maybe even the predominant form of social media. People can choose to use it or not, but because of the network effect, as more people do use it, it increases its inherent value, which causes more people to trust it and use it, which continues to increase the inherent value, etc., until some thresholds are reached.

This would be true also of a hypothetical decentralized identity network. People could choose to use it or not, based on its merits. Many people would choose not to use it because they don't trust it. But, as it would continue to grow and evolve and improve, like bitcoin, or like the fediverse, a larger number of people would use it and trust it despite it being relatively niche, it would continue to demonstrate itself as a viable alternative. In such a scenario of emerging naturally by competing with the incumbent systems, it is not inconceivable that such a system could eventually surpass a threshold and become the predominant social network and identity system in the world, that also provides effective functionality of things like voting on issues.

[-] jersan@lemmy.whynotdrs.org 2 points 1 year ago* (last edited 1 year ago)

The way I see it, people are able to be influenced, particularly by the power of such forces as group-think and tribalism. For example, consider the Asch conformity experiments. For the majority of people, when they see what "the group" thinks, this has an outstanding impact on their own opinion. This is how the ultra wealthy use culture wars to divide and distract the electorate, by fabricating and propagating narratives in mainstream media and on social media that confirms the political and tribalistic biases that we have that tells us we are right and our political opponents are wrong. They have us fighting culture wars so that we don't unite and engage them in the class war.

Propaganda exists because it is an effective way of exerting mind control over millions of people. Current forms of for-profit social media are incentivized to have a platform that is maximally engaging, (addicting), because the more time that people spend on the platforms means more exposure to advertisements means more revenue for the for-profit company. Adding to this, rage and anger and hatred are emotions that gets the adrenaline flowing, and this is an addictive loop that Fox news figured out many years ago. Before social media, day after day, night after night you tell your audience that they should be angry and afraid. That insert minority group or political faction is the cause of all of your problems in life. Later, Facebook took the same idea and baked it into the largest social media network in the world. Facebook, Instagram, Tik Tok, YouTube, Reddit, Twitter/X, etc., each of these social networks are specifically designed to be as addictive as possible and one of the methods of creating addiction is by providing the users with all of the rage-fuel they could ever consume.

Part of this is you've got troll farms out there running many millions of false identities, simulating sentiment. E.g. from the movie Borat 2 : https://imgur.com/gallery/SFVNwWh. Troll farms are a type of propaganda, and they exist because they work. They are on the social media platforms all day every day for the benefit of whoever is funding them, to promote certain narratives in order to divide and distract us away from other real issues.

But, in my perfect world, you would have the technological infrastructure in place that is not dependent on for-profit social media companies, that gives every person a unique verified identity that belongs to them and only them, and that by design such a network would prevent fraudulent identities from existing. Troll farms wouldn't be able to use endless numbers of false identities to simulate a sentiment and influence the minds of millions of people.

If such a network were to exist, it would give the people of the world the ability to actually express themselves, without having to compete with fabricated propaganda narratives.

Consider for example a twitter/X poll. Nobody trusts a poll on Twitter/X because everyone knows that Twitter is infested with bots and that you don't have anything that remotely resembles a true democracy there. There is simply so much room for manipulation and no reason to trust it. But, consider a similar kind of poll but one that would exist on top of the hypothetical decentralized identity network. Suddenly you would have a tool in place that could actually truly assess the sentiment of the people, to get a consensus of what the people think of a particular subject, and you could actually trust those results.

And this brings us back to my original point here: People are able to be influenced, people have a tendency to conform, and if you had a global social media network that could effectively get the consensus of people in a way that everyone would trust, you would probably have an environment where things that are true and maximally fair naturally rise to the top, and that issues that benefit one particular political party or ideology to their benefit over the opposing political party or ideology, suddenly wouldn't be as important and wouldn't have so much attention given to them. You would be able to have an environment that destroys our filter bubbles, filter bubbles that exist because for-profit social media companies make lots of money by keeping us all addicted to their platforms.

[-] jersan@lemmy.whynotdrs.org 1 points 1 year ago* (last edited 1 year ago)

Oops I made a mistake there, I've corrected it now. from "some kind of decentralized software network any kinds of centralized authority" to "some kind of decentralized software network **without ** any kinds of centralized authority".

You raise valid points.

Regarding the issue of trust: the same argument you raise is one that people use against bitcoin, and for that matter what people used to say about debit cards and then online banking. That they would never trust a computer or a machine to securely store or transact their money. But debit cards, online banking, and even bitcoin are all implementations of technology, flawed as they may be, that achieve a degree of trust by fulfilling their promise.

Whether or not an individual person trusts bitcoin, for example, it doesn't matter how that person feels, the bitcoin network continues to fulfill it's basic promise of being a decentralized cryptocurrency where you can't fraudulently double-spend the currency and you can't fraudulently mint any currency, it is all maintained by unbreakable mathematics and vetted thousands of times over on many independent nodes. Bitcoin is not a perfect system but what it is is a network that has demonstrated that you can transact valuable digital information without needing a central authority of any kind, without needing to trust anyone at all, the trust is in the mathematics and the combined computing power of the network.

As for the issue of privacy: this is certainly an issue that would need to be solved but I don't believe it is unsolvable. As an example, Monero is a cryptocurrency that is similar to bitcoin but is privacy focused. Again it is not perfect but it does demonstrate that you can create a cryptographic design that can facilitate transactions privately while protecting the identity of the accounts.

The problem that this ideal, hypothetical network would solve, would be to not require the rigmarole of elections via paper ballot as all. Even if you had a perfectly accurate paper ballot election, part of the issue with that method is the sheer amount of time and resources involved in accurately tabulating and verifying hundreds of millions of votes. The amount of resources is so great that it makes it such that you only have an election or referendum every 2 years or every 4 years or some cadence like that, which is much slower than what a hypothetical decentralized computer network could achieve. Why wait 2 years if you could hypothetically generate a consensus within a few days or even hours in some cases.

[-] jersan@lemmy.whynotdrs.org 7 points 1 year ago* (last edited 1 year ago)

This is a really great question OP.

Personally, I do not have a great deal of faith in the democratic political systems as they currently exist. Political parties are motivated by self-interest and not necessarily the interest of the people.

As someone wisely said, politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other.

I believe that our current systems, for example first past the post, and the electoral college, are vestiges of systems that were created hundreds of years ago, and don't work effectively enough to keep up with our rapidly evolving global technological society.

There once was a time before democracies, of monarchies, etc., but from various societal changes and historic events, democracy eventually emerged. But today, what we call democracy is a situation where the ultra rich and the for-profit businesses have gamed the system to their advantage, despite whatever democratic systems are in place. Wealth inequality is ever-increasing, one of the fundamental problems that is the cause of so many other problems. Rising economic inequality is one of the conditions that preceded the French Revolution.

It is my belief that salvation lies in the power of decentralized technology. Politics and nationalism are increasingly causing problems that are not for the benefit of the people of the world, but for the benefit of those entities. Those entities will always be self-interested, and they will continue to play the games of politics and geopolitics in the pursuit of their own interests. But most people in the world don't want to have war with each other.

What if there was a system that specifically represented everyone as maximally fairly as possible, in the most democratic way that you can imagine?

To me the answer to that question would be a system of some type where every person in the world gets the exact same voting power as every other person, 1 person gets 1 vote. Seems pretty basic and also fundamental to maximizing fairness. You would need some ability to somehow accurately account for everyone's vote, ensuring transparency and prevent any kinds of tampering or fraud in any kinds of voting records or elections. This could only be achieved using modern technology including the internet, and some kind of decentralized software network without any kinds of centralized authority, with hundreds, thousands of nodes ensuring consensus on what is "true".

Bitcoin is a great example of a decentralized software network that has a design like this. A system where there is no single authority that can unilaterally rewrite the rules to it's own benefit. It is a decentralized network that can achieve consensus without relying on having to specifically trust any other participants in the network, because all nodes can all individually verify the consensus data.

But bitcoin is a cryptocurrency governed by a decentralized set of mathematical rules that all participants mutually agree on, and this decentralized-technological-democracy network would not be a cryptocurrency.

This network would ideally operate on many thousand nodes across the planet, more nodes creating more resiliency. The primary purpose of the nodes would be their record keeping of the cryptographic identities of every person in the world, ensuring ability to verify uniqueness, kind of like a dencetralized digital directory. A digital identity in this context would basically be ownership of a set of digital keys that provide access to a digital public account that you would own and only you could possibly ever own it, not so different from how a digital wallet works for bitcoin and other cryptocurrencies.

This would be ensured by having processes in place that make every person verify every other person that they know. For example in real life you know people by their faces, their voices, their mannerisms, etc., these features immediately identify the unique person that no other person is. You would have for example an address book of people you know, and you would perform a type of mutual digital key signing with each person in that list, you both verify to one another what your public cryptographic identity is that you and only you could possess. Everyone verifies everyone else that they know, and all of these cryptographic verifications would be stored on the nodes, and it would be an unbreakable database of public digital identities, serving as the foundation of a digital world where there is a common network that contains everyone's unfraudable identity, regardless of their location or nationality or political affiliation. There would of course need to be processes in place to recover any lost keys, but this is a minor point in the big picture.

A false identity could not be created because it would not be possible to verify the existence of somebody that does not exist. You could try and fabricate a false identity and maybe even collude with other people to create false verifications of somebody that doesn't exist, but over time it would be impossible to maintain such a fraud. If for example there was an organized effort of many people to collude and create numerous false identities, the way that troll farms do it today, it would become apparent to the network that this large number of false identities seem to only have identity verifications with each other, effectively demonstating that it is practically a separate group from the rest of the entirety of the network. There would not be very much decentralized trust in those particular identities.

Once you have this decentralized identity network where every person is in possession of exactly one unique public identity associated with themselves, and importantly that there aren't any additional false identities in the network, you would now have the foundation in place where you could create a new technological democratic system where every person on the planet is an equal participant. You have software that can take polls or votes or elections, and every individual person with their unique identity gets exactly 1 vote per issue.

What does the consensus of the entire world really want?

"Hello world, do you like access to things like clean water and electricity? Should we prioritize things like this and get to work ensuring that everyone in the world has equal access to clean water?" "No", vote the self-interested ultra wealthy, who don't want to have to share their hoarded wealth to fund such initiatives. "Yes" vote the billions of people who all rationally agree that it would be a good thing to prioritize things like clean water and that we should be taking whatever appropriate actions that fairly provide everyone in the world access to clean water. A clear consensus emerges: everyone in the world likes access to clean water and also electricity, and in the interest of maximal fairness, this creates the "political" will if you can call it that, to get it done. No longer would power of the government and the political system be beholden to the small number of ultra wealthy individuals that don't care about the rest of the world.

1

Hi all,

I've seen discussions bubbling up about starting an activist investor group, for the apparent purpose of creating a sort of legal entity of some kind that would enable GME investors to more effectively make proposals to our company and that the company would be required to address the proposals to some degree.

I like the idea but frankly I have no idea how such a group would function.

Some simple internet searches don't immediately provide clear answers, this doesn't seem to be a super common idea. Just looking to ask some questions and try to get some information to flesh this idea out a little bit.

  • What would be required to start such a group?
  • How does an activist investor group govern itself?
  • What would a governance structure look like?
  • How does somebody become a member?
  • How do members get their interests represented in the group?
  • Would there be voting mechanisms?
  • Are lawyers required?
  • What other costs would be involved?
  • I presume the group would be based in USA. Which country or jurisdiction would this group reside in and what implications would this have for other international members?

I don’t expect anyone to necessarily know the answers to all these questions, this is just what initially comes to my mind. I like the idea, it sounds promising. But a certain amount of education will be required. I will try and do some research of my own but hoping others might know more than me and can maybe enlighten me a little bit a bout this.

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jersan

joined 1 year ago