Technology

The idea that a company can do anything to create or perpetuate a monopoly so long as its prices go down and/or its quality goes up is directly to blame for the rise of Big Tech. These companies burned through their investors' cash for years, selling goods and services below cost, or even giving stuff away for free. Think of Uber, who lost $0.41 on every dollar they brought in for their first 13 years of existence, a move that cost their investors (mostly Saudi royals) $31 billion.

The monopoly cheerleaders in the consumer welfare camp understood that these money-losing orgies could not go on forever, and that the investors who financed them weren't doing so for charitable purposes. But they dismissed the possibility that would-be monopolists could raise prices after attaining dominance, because these prices hikes would bring new competitors into the market, starting the process over again.

Software that controls your body should always respect your freedom. This article is a recap of scandals of medical devices, like hearing aids, insulin pumps, bionic eyes, and pacemakers, and what we can learn from them. It's astonishing: you wouldn't expect these devices to be run by software in such a way that they can leave you completely helpless.

Automated image generators are often accused of spreading harmful stereotypes, but studies usually only look at MidJourney. Other tools make serious efforts to increase diversity in their output, but effective remedies remain elusive.

After an intense campaign of Union-busting, Klarna bends the knee.

Organizing works, dear friends.

The mission-driven tech company behind the Firefox browser, Pocket reader and other apps is now investing its energy into the so-called “fediverse” — a collection of decentralized social networking applications, like Mastodon, that communicate with one another over the ActivityPub protocol.

Open letter to the European Commision on its eIDAS proposal

Also if anyone knows how to design PCB boards https://github.com/ploopyco/headphones/issues/28

Google is already up to their old tricks again