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Cake day: June 14th, 2023

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  • UnderpantsWeevil@lemmy.worldtoMemes@lemmy.mlThe tragedy of the commons
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    1 day ago

    Americans: “Tragedy of the Commons proves that people are incapable of working together for mutual benefit, because personal greed will always lead to the devastation of the collective common good.”

    Chinese: “Why do you not simply arrest and punish the bad actors in your society when they overstep and impede on the general welfare?”

    Americans: “Because that’s fascism. Also, we’re arresting and deporting you for asking.”













  • Nothing however breaks because of AI

    The trajectory is the same, but AI put more gas in the tank in a machine that one might have assumed had reached its limits a decade ago when outsourcing had played itself out.

    What NYT and other legacy media is mostly worried about is that with AI psyops and fake news is becoming more and more democratized instead of an expensive top-down ordeal and for making harder for anybody to trust anything anymore, a trust that they relied on to control the narrative.

    I think you’ve got it a bit backwards. The NYT operates as a paper of record in large part because it emits a signal that echoes through downstream media. And that stems from the general trust the paper has cultivated (undeserved trust, but welcome to the dictatorship of the bourgeois, folks).

    The implementation of AI as a system of record is replacing the NYT as a trustworthy source, in part because the NYT has finally degraded its own credibility. And in part because why would I go fight with a bunch of paywalls and pop-ups and ad banners on the NYT when I can (seemingly) get the same information from a nice clean OpenAI / Gemini / Deepseek prompt.

    The expense of setting up a system of record is still enormous. The catch is that the AI companies have more money to propagandize their own reputation. Meanwhile, the NYT and the WaPo and the cable news channels have been suffocating in comparative obscurity when they weren’t outright touting AI venues as alternatives to themselves.

    News isn’t being democratized. Its as horded as ever. These older outlets have simply become vectors to send people to the new and far more efficient Consent Manufacturing Machines.



  • UnderpantsWeevil@lemmy.worldtomemes@lemmy.worldKapitalism
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    4 days ago

    Even in the best case s scenario - bakeries compete making uniform quality products without involving political shenanigans - the price of bread is independent of the cost of production.

    What you’re looking for as a business is the “clearing price”, which is the price at which your (sales * price) generates the maximum revenue.

    New capital that lowers per unit cost does not change the price. It raises profit margins. Only when multiple vendors in competition have access to this capital does the clearing price fall.