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'I think those people are dead wrong': Jeff Bezos slams AI naysayers, plays down job fears for young workers, and defends billionaires and Trump (www.techradar.com)
submitted 4 months ago by to c/technology@lemmy.world
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[+] -13 points 4 months ago (12 children)

Grew up wealthy, borrowed $250k ($550k in today’s money) from his family to start Amazon

That's not a bad thing. Families should do it more often: pool their money and start a business. The return rates are higher.

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  • [–] 2 points 4 months ago (11 children)

    They are absolutely not higher, for every Jeff Bozos there's hundreds of John Does, who never made it.

    The system is not your friend.

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  • [–] 0 points 4 months ago* (last edited 4 months ago) (10 children)

    The system is not your friend.

    But the corporations are, who take the saved money? They pay the bare minimum. The only way to beat the system is to make own decisions.

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  • [–] 3 points 4 months ago (9 children)

    Statements like these always remind me of the quote: "For the master’s tools will never dismantle the master’s house. They may allow us to temporarily beat him at his own game, but they will never enable us to bring about genuine change. Racism and homophobia are real conditions of all our lives in this place and time. I urge each one of us here to reach down into that deep place of knowledge inside herself and touch that terror and loathing of any difference that lives here. See whose face it wears. Then the personal as the political can begin to illuminate all our choices." - Audre Lorde

    IMO using the system in a way that abuses the system only perpetuates another system of abuse.

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  • [–] 0 points 4 months ago (8 children)

    touch that terror and loathing of any difference that lives here. See whose face it wears. Then the personal as the political can begin to illuminate all our choices.”

    What does that mean? I can read it in too many directions.

    IMO using the system in a way that abuses the system only perpetuates another system of abuse.

    That's what currently is happening. https://en.wikipedia.org/wiki/Regulatory_capture

    More competition is needed, more market economy, to make the system fair again. It's not abusing the system to start a business.

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  • [–] 2 points 4 months ago (7 children)

    No, it's just using the system as it is intended. But most businesses fail.

    We need to abolish the system.

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  • [–] 0 points 4 months ago* (last edited 4 months ago) (6 children)

    But most businesses fail.

    That's ok. It's possible to invest in more than one company.

    We need to abolish the system.

    And do what?

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  • [–] 3 points 4 months ago (5 children)

    Good old communism.

    No advertising, no stocks, no fucking with money at all.

    First step is to house and feed everyone, and build rails all over the world, to stop the car brain rot.

    Then we figure out what's next.

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  • [–] 1 point 4 months ago (4 children)

    no fucking with money at all

    Like no money or like no derivatives?

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  • [–] 3 points 4 months ago (3 children)

    No derivates ever. Ideally no debt, either.

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  • [–] 0 points 4 months ago (2 children)

    How do you think that can be implemented? Isn't it easier to increase competition?

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  • [–] 2 points 4 months ago (1 child)

    Lol? How is that working right now?

    Biggest companies consolidating and cutting jobs everywhere? It's not a fluke.

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  • [–] 0 points 4 months ago

    How is that working right now?

    We have Capitalism, not a free market economy. The elite has regulated some industries like medicine or weapons and is making disproportional profits which gives them money to buy politicians.

    Let the companies cut jobs. The fewer workers in an industry the better. We went from 99% farmers to 3% which allows us to have our civilisation.

    We don't have 100% employment because of regulations. That greatly reduces negotiation power of the workers. If there is a shortage of jobs, use Keynes to create them.

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