Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

Re:Cory Doctorow: Platform Capitalism and the Curse of “Ensh... by pjc50 on Thursday July 06, 2023 @04:52AM (#36613109)

I remain infuriated that we had the confluence of:

- huge amount of very cheap money

- widespread availability of highly educated technologists

- knowledge of the climate model

.. and instead "collectively" ended up funding giveaway services to users and inflating the SF housing market rather than doing the climate Manhattan project.

(High interest rates are bad for renewables, because buying a solar panel is effectively buying 20-30 years of electricity upfront, and therefore hugely dependent on cost of capital and discount rates)

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Re:Cory Doctorow: Platform Capitalism and the Curse of “Ensh... by zeroonetwothree on Thursday July 06, 2023 @09:01AM (#36615089)

We would expect electricity prices to also go up faster with higher interest rates so it should roughly cancel out.

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Re:Cory Doctorow: Platform Capitalism and the Curse of “Ensh... by coldpie on Thursday July 06, 2023 @09:34AM (#36615526)

Yeah. Climate change would be dirt cheap to solve if we actually bothered to do it. The famously expensive Georgia nuclear plant cost less than 75% of what Twitter did. Juicero flushed $120M straight down the toilet.

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