Comment by kkukshtel
14 days ago
This is basically the playbook of every "disruptive technology" startup or FAANG initiative of a similar stripe - set prices incredibly low to bleed out competition and gain market share, then raise them once you are in the dominant market position.
Correct, and this is why US big tech, including the big LLM players, need to be tarriffed/DSTed harder than Chinese cars by the rest of the world. They get big off of the exact dumping that China has always been accused of.
At a certain point it's not about technology anymore, but access to cheap finance. See also: Uber.
Uber is far better for me than the old taxi system.
I really like this piece for Real Life Mag (rip) on what most startups "do":
https://reallifemag.com/money-for-nothing/
"privatization by way of electrification"
Maybe the one where you flagged down a car on the street, but you could always call to book a taxi and those companies worked exactly like Uber — over the phone, because it was the pre–app era.
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Nobody on this forum believes in startups or technology anymore.
Heck, Elon's ownership of SpaceX even got to me to not really care about space travel anymore, one of my biggest passions since I was 6. But I just can't root for whatever his vision of space faring society would look like.
Politics consuming all other interests
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You know rocket science was founded by literal Nazis, right? We actually brought them to America to run NASA and get us to the moon.
Kessler syndrome, but every debris piece is a Starlink transceiver.