Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T...
by johanvts on Saturday April 12, 2025 @03:38AM
(#43662235)
Oppression and corruption is expensive. Systems based on them are not going to be competitive in the long run.
[ Parent
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Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T...
by dachris on Saturday April 12, 2025 @03:53AM
(#43662319)
That may be the very long run. Taking it strictly, Russia never had real democracy. And they are trying hard to export that model.
Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T...
by autobodie on Saturday April 12, 2025 @04:11AM
(#43662412)
Define "real democracy"
Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T...
by Draiken on Saturday April 12, 2025 @07:02AM
(#43663337)
Like the American one where unelected billionaires control the government and the populace.
I always find it so surprising how people really do believe individuals have any real power despite overwhelming evidence to the contrary.
It's a capitalist society so capital is power. Doesn't get simpler than that. Voting is the circus to distract us so we don't realize how much we're being exploited, while giving a sense of agency that simply does not exist.
We can choose but they pick the choices we have.
Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T...
by autobodie on Saturday April 12, 2025 @09:33AM
(#43664236)
> It's a capitalist society so capital is power.
Precisely.
Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T...
by closewith on Saturday April 12, 2025 @04:27AM
(#43662502)
That's a very optimistic belief, not any kind of axiom, but even if we accept it, the long run could easily extend past the lifetimes of every loving person today. It could last generations or much longer.
Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T...
by atombender on Saturday April 12, 2025 @06:28AM
(#43663135)
Systems based on oppression and corruption can still be extremely resilient. Countries like Russia, North Korea, China, Belarus, Cambodia, Eritrea, and Venezuela have all lasted many decades.
Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T...
by Epa095 on Saturday April 12, 2025 @06:43AM
(#43663230)
Maybe oppression is where AI finally shines, making oppressive systems competitive. Technology is certainly helping China, and I can only imagine how much Stasi would love to automatically transcribe and store everything all their microphones caught.
Re:$70M in 60 Seconds: How Insider Info Helped Someone 28x T...
by yardie on Saturday April 12, 2025 @09:33AM
(#43664237)
I look at apartheid and how long it managed to hang on. And I can only determine it was surprisingly lucrative and competitive as well. It took a long, series of activists and a long time to finally delegitimize and finally break it.
And now, apparently, everyone involved with it had always been against it.