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this post was submitted on 16 Aug 2023
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Technology
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I'm just going to go out on a limb and say, maybe it shouldn't be possible for one person to have enough wealth to singlehandedly buy and destroy important social institutions.
Also, maybe smart people shouldn't be putting all their eggs into one privately owned basket.
I yelled this from the mountain top when everyone was moving their businesses off their own websites and onto Facebook, Twitter, and YouTube, but I was the minority. Why you would put the fate of your company, or hell, your government, into the hands of a mega-corp that is run by a sociopathic megalomaniac is beyond me.
TBF Facebook and Twitter etc were profitable platforms for a lot of businesses for a while. They obviously weren't going to last forever though so it would have been short-sighted not to plan for them dying off.
Woah now hold on just a second, that almost sounds like you're criticising our perfect system of capitalism, in which a single person can and will accumulate enough wealth and power to buy and control hugely important things, and destroy them if they choose to. That's like, the whole point of capitalism, to transfer as much wealth and power into as few hands as possible, regardless of any silly moral issues.
Sure, we could nationalise such important services for the good of the planet, like the police, fire brigade, water, electricity, healthcare, road maintenance, public transport, etc, but what are we, commies? 😮
Yes! The sale should have never been allowed and I really wonder if the whole "made a big offer that he tried to back out of but was forced to follow through on" was just a big play put on by Elon and the regulators to get people to feel good about the sale going through rather than being blocked like it should have.
It probably was one of the best and simplest tools for the job.