Technology
Which posts fit here?
Anything that is at least tangentially connected to the technology, social media platforms, informational technologies and tech policy.
Post guidelines
[Opinion] prefix
Opinion (op-ed) articles must use [Opinion] prefix before the title.
Rules
1. English only
Title and associated content has to be in English.
2. Use original link
Post URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.
3. Respectful communication
All communication has to be respectful of differing opinions, viewpoints, and experiences.
4. Inclusivity
Everyone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation.
5. Ad hominem attacks
Any kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.
6. Off-topic tangents
Stay on topic. Keep it relevant.
7. Instance rules may apply
If something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.
Companion communities
!globalnews@lemmy.zip
!interestingshare@lemmy.zip
Icon attribution | Banner attribution
If someone is interested in moderating this community, message @brikox@lemmy.zip.
view the rest of the comments
I legitimately don't understand money at this scale. Especially not in this context particularly, the context being "rich men investing in parlour-trick technology that most sane people recognise as off-putting and largely useless and yet somehow, presumably, keeps giving them a return on their investment".
Where does the return come from? Where does the money go? Who has this much money? Who needs more when they have so much? Why aren't they just enjoying a thoroughly lavish midlife crisis instead?? Haven't they got hair plugs to pay for?? Why can't they invest in something cool, if they simply must invest?? Were the men who are investing in this nonsense ever children with human hearts and heads full of dreams? Do they not have passions that they'd like to share with the world? Are they simply joyless bean-counters that continue to live day after day just for the sake of knowing that they're gaining more uncountable digital money?
Sorry, I think I got off-track there. This whole thing is distasteful.
Bunch of rich men bought a parlor trick.
For them to make money, either the trick has to start paying off, or they need to convince more rich men to buy in at an even higher price, so they can say the investment has grown.
This is like Dutch tulip dealers hyping up their next auction.
Ah! I forgot about the bigger fool of it all, true. I guess it's all just bluster and marketing then. God, what a nightmare.