SeeStars

joined 1 year ago
[–] SeeStars@kbin.social 6 points 1 year ago

reddit was fun

 

The Supreme Court ruled Biden's student-loan forgiveness is illegal, meaning borrowers will resume payments without debt cancellation this year.

 

the deed is done.

#RedditMigration

 

saying my final goodbyes to reddit

#RedditMigration

[–] SeeStars@kbin.social 3 points 1 year ago

reddit is not fun anymore

 

Clarence Thomas’s majority opinion ensures that innocent people will spend years behind bars.

 

Foundation for Government Accountability, backed by Richard Uihlein, exerting influence in Ohio, Missouri, South Dakota and Arkansas

[–] SeeStars@kbin.social 1 points 1 year ago

Finally, no more "New Soup"

 

Conservatives say liberals want to kill talk radio. But there’s plenty else on the AM dial – much of it essential

 

The US leader makes the remark just after talks aimed at easing tensions between the countries.

 

Many women's concerns now extend beyond abortion access to health and reproductive care.

 

Original take found on another forum.

"I think we're seeing the beginning of the tech bubble bursting again.

You've got the successful companies that provide a case study in tech industry profitability(Google, Amazon, Apple, etc.) which is why you've got all these venture capital firms plowing so much money into startups, left and right, because they expect that one of them will be the next Google or Amazon. Now that low interest rates have gone bye-bye, the VC firms are demanding that these startups start showing a profit. However, almost all of these startups have one of the following problems:

1.) They were never profitable and can never be profitable because the fundamental concept of what they do is thoroughly flawed
2.) The service or good they provide could be profitable, but due to being formed during a time of easy money, their current business model is incapable of being profitable, and they are too over leveraged to be able to restructure themselves into a more profitable setup
3.) They are perfectly sustainable/profitable, but their financiers expect far more return on investment than they are capable of providing

The result is the trend of "enshittification" as VC investors force unwanted changes onto these startups in the hopes of increasing revenue. This is stuff like locking previously free features behind a paywall, clogging everything with ads, cutting costs somewhere (payrolls, server space, etc) that negatively affects the user experience, raising prices, or needlessly bolting on something that nobody asked for because it's one of the only things that VC firms might still blindly throwing money at(AI).

Even the actually profitable companies are doing this shit because they are just addicted to the ridiculous growth they've enjoyed in the past."

 

More than 70 people were shot, 13 fatally, in Chicago over the holiday weekend, including a father of four who was gunned down at a Father's Day park gathering.

 

Vermont Sen. Bernie Sanders on Tuesday opened a Senate investigation into Amazon’s warehouse safety practices. The move follows a series of probes Sanders has initiated against Starbucks and Moderna in his role as chairman of a committee that oversees health and labor issues. Sanders sent a letter to Amazon CEO Andy Jassy on Tuesday accusing the e-commerce giant of “egregious health and safety violations.” Amazon spokesperson Steve Kelly says the company has received Sanders’ letter and is in the early stages of reviewing it. He also said Amazon has reduced injuries across its U.S. operations since 2019 and has invested more than $1 billion into safety initiatives in recent years.

[–] SeeStars@kbin.social 3 points 1 year ago

That says it all.

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