this post was submitted on 23 Jul 2023
924 points (90.1% liked)

Technology

34996 readers
255 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.


Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.


Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago
MODERATORS
 

Hi, we're a tech startup run by libertarian Silicon Valley tech bros.

We're not a newspaper, we're a content portal.
We're not a taxi service, we're a ride sharing app.
We're not a pay TV service, we're a streaming platform.
We're not a department store, we're an e-commerce marketplace.
We're not a financial services firm, we're crypto.
We're not a space agency, we're a group of visionaries who are totally going to Mars next year.
We're not a copywriting and graphic design agency, we're a large language model generative AI platform.

Oh sure, we compete against those established businesses. We basically provide the same goods and services.

But we're totally not those things. At least from a legal and PR standpoint.

And that means all the laws and regulations that have built up over the decades around those industries don't apply to us.

Things like consumer protections, privacy protections, minimum wage laws, local content requirements, safety regulations, environmental protections... They totally don't apply to us.

Even copyright laws — as long as we're talking about everyone else's intellectual property.

We're going to move fast and break things — and then externalise the costs of the things we break.

We've also raised several billion in VC funding, and we'll sell our products below cost — even give them away for free for a time — until we run our competition out of the market.

Once we have a near monopoly, we'll enshitify the hell out of our service and jack up prices.

You won't believe what you agreed to in our terms of service agreement.

We may also be secretly hoarding your personal information. We know who you are, we know where you work, we know where you live. But you can trust us.

By the time the regulators and the general public catch on to what we're doing, we will have well and truly moved on to our next grift.

By the way, don't forget to check out our latest innovation. It's the Uber of toothpaste!

#startup #business #tech #technology @technology

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 29 points 1 year ago

Turning a profit and making a lot of money for yourself are 2 different things.