News for hackers. Stuff that matters.
Re:FTC sues Adobe for hiding fees and inhibiting cancellations by godelski on Monday June 17, 2024 @07:50PM (#40712582)
It's always easier to play these types of games than it is to actually perform innovation. So while competition is not necessary for growth, it clearly often helps.

There's another way I like to think about what you said: cutting fat. If cutting fat is the easiest way to get stock price up (on a quarterly evaluation) then that's probably what most people will do. But how frequently can you cut fat before you start cutting limbs? The more effectively you did it previously (or the person before you) the less you have available to you. Not to mention that some fat is necessary for big businesses. I suspect this is connected to the trend of enshitification we see.

> "I keep the money pipe flowing and did not actively make it worse" does not get you a promotion.

It's actually quite sad that it doesn't. Or that the money pipe flowing is by far the main metric used for evaluation. Especially when the market is cornered. Your strategy should change when your environment does. I just wonder what these people are doing with this money and why they want it so much. $1bn is essentially unspendable. But we see 200 people with 10x that and 15 people with 100x that. I just don't get why they care anymore. But I guess people really care about points?

Re:FTC sues Adobe for hiding fees and inhibiting cancellations by bheadmaster on Tuesday June 18, 2024 @02:06AM (#40714519)
> I just wonder what these people are doing with this money and why they want it so much. $1bn is essentially unspendable. But we see 200 people with 10x that and 15 people with 100x that. I just don't get why they care anymore. But I guess people really care about points?

Money is relative. I bet there are things $1bn can buy that we aren't even aware of because we were never exposed to it. Some of those things are probably non-tangible, like the ability to influence politics and change the world.

Re:FTC sues Adobe for hiding fees and inhibiting cancellations by godelski on Wednesday June 19, 2024 @01:18AM (#40725098)
I doubt it. Things that cost hundreds of thousands are, for the most part, extremely resource intensive, which is part why they're expensive in the first place. Even rare gems which are small but many of these things are big. The more well known exception to this is luxury items which are just costly for costly sake. The other is art, which can be expensive because desire (like luxury) or scams/tax evasion.

Of course this doesn't mean everyone is aware of these things but they're still publicly known.

Re:FTC sues Adobe for hiding fees and inhibiting cancellations by bheadmaster on Wednesday June 19, 2024 @12:56PM (#40730076)
Not all things are physical things. How much does it cost to have thousands of people click at images of cars for your AI model?

After all, money is nothing else but a token of work. The more money you have, the more work you can make other people do.

Re:FTC sues Adobe for hiding fees and inhibiting cancellations by godelski on Wednesday June 19, 2024 @11:23PM (#40734555)
> Not all things are physical things. How much does it cost to have thousands of people click at images of cars for your AI model?

I think you're reaching. The things you're talking about have physical impacts. You can't run computers without building chips, developing power systems, and so on. Yes, things of value need not be inherently physical but there are no things that are not connected to the physical world in some form or another.

Re:FTC sues Adobe for hiding fees and inhibiting cancellations by bheadmaster on Tuesday June 25, 2024 @08:42AM (#40787875)
What I meant to say is "not all things are physical objects". Since you're still referring to physical objects like chips, power systems, and so on. Things that you can buy with money also be not-physical-objects, such as training data harvested from millions of human work-hours.