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627 points cratermoon | 2 comments | | HN request time: 0.427s | source
1. Procrastes ◴[] No.44466101[source]
This captures something I've been struggling to describe, and "Whatever" is the perfect term for this.

Private Equity & Financialization: Whatever for business Flood the Zone & Deadcatting: "Whatever" for politics

It's what I think about when I hear all of the "AI is going to eliminate all the jobs." That's just a convenient cover story for "Tax laws changed so R&D isn't free money anymore, and we need to fire everyone."

When almost every drop of wealth is in the control of a tiny number of people, it's not surprising that the world turns into one big competition for ways to convince those people that you have a way for them to sop up the remaining thimbleful too.

replies(1): >>44466306 #
2. ddorian43 ◴[] No.44466306[source]
The tax law for R&D got fixed though with the big bill.