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Re:I'm Not Convinced the AI Bubble Exists by 9rx on Monday November 09, 2026 @01:12PM (#50429238)
What is certain is that that we've never seen a free market in recorded human history. By the time the idea was invented we already had power structures in place that would never stand for a free market. Of course, the concept also has a number of unsolved practical problems which would prevent a free market from emerging in the real world even if everything else perfectly fell into place. Once markets were invented they were incorporated alongside existing systems, leaving a mixed economy. An interesting thought experiment it is, but bold to think that private ownership of capital is dependent on that thought experiment. Especially given that most people seen here seem to believe that they actually can privately own capital despite the lack of a free market.

For the sake of discussion, if we entertain your thought, that means capitalism also doesn't exist beyond a thought experiment, which questions why it was brought into this discussion? Whether or not a winner-take-all-future is compatible with that thought experiment with no actual grounding really doesn't matter, does it?

Re:I'm Not Convinced the AI Bubble Exists by bloppe on Monday November 09, 2026 @09:36PM (#50435396)
You can certainly redefine concepts to the point that they stop making sense!

Still, if you've ever actually dealt with a monopoly, you must surely understand the difference between that and an actual competitive market right?

Re:I'm Not Convinced the AI Bubble Exists by 9rx on Tuesday November 10, 2026 @03:20AM (#50437504)
> You can certainly redefine concepts to the point that they stop making sense!

Yeah, I know. We see you do that below.

> You should really try working in cloud.

I do. Yet I don't need to negotiate with a police force to protect it, so clearly there isn't a free market. But even if you want to pervert what a free market is by cherrypicking some things you like from it while ignoring everything else, I still don't see how you would ever consider the cloud to be free. It is marred by things like copyright and patents that make free exchange unrealistic.

> Our customers churn all the time because they have meaningful choice, and our margins reflect that

Is this humorous story intended to be an arbitrary tangent or something related to the rest of the discussion? The best interpretation I can come up with is that you are trying to use this story to explain that your cloud activities exist in a market, which is no doubt true, but you haven't given anything to suggest it is within a free market. Even non-free markets need to have choice. You cannot have a market at all, neither free nor non-free, if there is no choice. But there is more to markets than actors being able to choose. People having choice was present in societies even before the idea of a market was invented.