Amazing. Monopolies aren't going to like that.
Banks will use progressively less energy per capita as bulk data processing becomes more energy efficient, assuming they donʼt transition to using proof-of-work.
Ultimately, mining should be banned from the surface of Earth. Let miners build orbital solar panel infrastructure close to the Sun where power is plentiful. See Bitcoin developer Peter Todd's 2017-09-10 presentation on the subject (transcript).
Edit: Fixed URL. Edit2; Add transcript link.
See List of mergers and acquisitions by Alphabet for the graveyard list. Sorting by Price helps. Some other notable companies that Google acquired rather than compete with:
- Nest Labs (home automation)
- DropCam (home automation)
- DoubleClick (advertisement)
- FitBit (wearables)
- Waze (GPS navigation)
- Skybox Imaging (satellite mapping)
- Like.com (shopping)
- Meebo (social network)
- GrandCentral (VOIP)
- Picasa (photographry)
- Tenor (GIF search)
- PhotoMath (LLM; became Bard)
I can't pinpoint exactly when the fall started.
In my opinion, it was when anti-trust laws did not trigger upon Google acquiring YouTube because Google Video couldn't compete. That meant it was open season on start-ups that otherwise might have grown to kill Google or other big tech companies like Apple, Facebook and Microsoft.
Nvidia: I have altered the deal, pray I do not alter it further.
One of the sobering realities of life is that we often don’t understand our true hierarchy of values until they come into conflict. We might say, for example, that we believe that our political leaders should be men or women of high character who broadly agree with our policy positions. But do we believe that at the cost of actually losing a political race? Or is victory the necessity, and character and ideology the luxuries?
I hear it likes the girls.
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