georgeglue1
Joined 11 years ago
Joined 11 years ago
There are also studies about generational poverty, medical literature on helping people recover from traumatic conditions, etc..
Not to read any bad intent in your comment, but there also have been studies about social darwinism that have a long track record of problems. I think people do still do studies about genetic inheritance etc., but it's probably impossible to draw society-level conclusions without data.
It'd be interesting legal territory if someone has tried this already.
IMO there's no way those profits last more than a quarter until everything breaks. But yeah, maybe it is technically profitable tomorrow.
What kind of bets was Alameda making? Why would it need so much leverage?
I understand why loaning money to Alameda could be rationalized a risky, but not sketchy move (if Alameda posted collateral, paid reasonable terms like anyone else would, etc.).
This seems like a potential red herring.
If you bought a $100k home which then dipped to $80k during Covid, would you accept an unsolicited bid of $90k?
It's reasonable for some people to take the bid, since you could arguably buy another comparable house for $80k and pocket the $10k difference, but I think a lot of other people would reasonably choose not to.
(I'm not totally sure if this logic scales to board rooms / billions of dollars, but curious to hear thoughts.)
Facebook, of course, can hire biased independent fact checkers. At least Facebook is not 100% determining truth of everything on their own.
I'd guess they would have used some other excuse to block Facebook sooner than later anyways though.
On Facebook, I see potentially divisive posts from friends with very different political views. The difference with TikTok is that those friends don't post content.
I think if you explicitly seek out problematic content you can end in a rabbit hole on any large algorithmic app.
I don't know what the referenced video is, or if it is a deepfake though.
Various regulators probably wouldn't let Apple use 5G components produced outside of a [TBD democratic ally of the US]