He spent 40B mostly of other people’s money. His liability is like 12B. The more interesting question is why various stodgy bankers gave him the other 28B.
markr
joined 2 years ago
Everyone will be working multiple shitty service jobs that robots are not cost effective to automate. Our miserable wages will be just sufficient to keep the wheels on the cart from falling off.
The F150 EV is not exactly a success.
3,878 fuglytruks is the apparently the entire fleet. That is the really big story here. The fuglytruk is a flop. Nobody wants an 80k rust bucket.
For good reasons. Besides being a huge ongoing expense, they frequently end up amplifying the erosion, and would almost certainly degrade the public beaches adjacent to these houses.
" local citizens came together to take the necessary steps to protect their homes." - the steps they took were obviously not the necessary steps, instead they were unnecessary and in fact idiotic.
The Town of Salisbury did not 'grapple with sea rise'. An ad hoc association, Salisbury Beach Citizens for Change, basically the owners of multi-million dollar absurdly situated beach front homes, blew 500,000 dollars on one wall of a giant sand castle.
Except of course anyone can manufacture and sell plug compatible pipes.
I started out in the computer industry working for a company that reverse engineered and built IBM compatible terminal systems, This was more than 40 years ago, when that was its own large and profitable sector of the computer hardware market. It was absolutely legal to build 'plug compatible' reverse engineered third party systems. DRM is almost entirely horseshit that has helped turn the entire tech industry into silo'd enshittified monopolies.
It’s our version of China’s social credit score.
Capitalism and neoliberal globalization is great as long as your capitalist organizations are dominating the system. But that inevitably results in the emergence of other competitive capitalist organizations. Then it’s back to trade barriers, and when that fails, military conflict.
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Who could each individually sell of any profitable assets, lay-off their employees, and enshittify their operations in search of shareholder value. Excellent plan.