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Scale Ruins Everything

(coldwaters.substack.com)
175 points drc500free | 1 comments | 14 Oct 24 17:34 UTC | HN request time: 0s | source
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rKarpinski ◴[14 Oct 24 21:23 UTC] No.41842173[source]▶
Odd piece. It highlights some hyper-scalers but it needs to work on justifying 'how they ruin everything'.

"At scale, they would ruin communities, put restaurants out of business, destroy the dream of home ownership, and eventually undermine democracy itself."

Uh what now?

replies(1): >>41842544 #
jaggederest ◴[14 Oct 24 22:05 UTC] No.41842544[source]▶
airbnb, doordash, airbnb, facebook - did those things, respectively, with plenty of hard evidence (does anyone still remember cambridge analytica)
replies(2): >>41848749 #>>41850105 #
1. rKarpinski ◴[15 Oct 24 16:16 UTC] No.41850105[source]▶
Ok let's look at "destroying the dream of homeownership" since that the most objective.

Homeownership rates are almost 66% now in 2024 [1], which is the highest it's been since 2011 [2].

[1] https://www.bankrate.com/homeownership/home-ownership-statis...

[2] https://en.wikipedia.org/wiki/Homeownership_in_the_United_St...