Path: csiph.com!fu-berlin.de!uni-berlin.de!individual.net!not-for-mail From: rbowman Newsgroups: comp.os.linux.misc Subject: Re: Umpteen BILLIONS, Maybe a TRILLION, invested in "AI' - but Almost NO Returns Date: 22 Aug 2025 00:19:47 GMT Lines: 34 Message-ID: References: <20250820085430.00003bb7@gmail.com> <1086odc$rgpt$3@dont-email.me> <20250821135925.00001e3f@gmail.com> Mime-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit X-Trace: individual.net tkaQvEdX8438FgxvGkoKEgr39OYHk2jYQMpeCKucU+0YybPPL5 Cancel-Lock: sha1:XS4UsjKi5+8a5fmzb8SQ206553Q= sha256:XbKusCcWEk7YLW2ksd1XmahjyNAGGkbdg/MwmPeRAA0= User-Agent: Pan/0.162 (Pokrosvk) Xref: csiph.com comp.os.linux.misc:71885 On Thu, 21 Aug 2025 13:59:25 -0700, John Ames wrote: > On Thu, 21 Aug 2025 10:20:44 +0100 The Natural Philosopher > wrote: > >> All driven by the financial emancipation of consumers with far more >> money than sense.. > > There's a lot of things you can pin on consumer stupidity, but I doubt > this is one of 'em. It's probably in part a natural consequence of the > fact that sensible people may sometimes hire idiots/grifters by mistake, > but idiots/grifters, once they have a foothold, will pretty much always > hire more idiots/grifters, but in the US it got a big boost from a > catastrophic court verdict stating that the primary duty of management > in a publically-traded corporation was to the stockholders and the > actual health of the business was at best a secondary concern (let alone > little questions like "is what we're doing in any way ethical?" or "do > people even *want* what we're trying to sell them?") Ed Zitron has a > pretty good rundown on how this unfolded: > > https://www.wheresyoured.at/tss/ > https://www.wheresyoured.at/the-era-of-the-business-idiot/ The Ford (who was a horrible man otherwise) link didn't go where I thought it would. Edison, Ford, and other innovators that felt they had been badly used by the Wall Street money men tended to be bitter. The failure of Ford's peace mission also colored his theory of who was responsible for selling the idea of war. https://en.wikipedia.org/wiki/Peace_Ship