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Cake day: June 18th, 2023

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  • „Free market“? Speaking of hypocrisy. Chinese car brands are so heavily subsidized they probably cost the Chinese economy more than they make selling them at the moment. China is clearly trying to drown the global market with cheap cars so they can ramp up prices immensely once they have killed the competition and have become a monopoly. China hasn‘t been the extreme low income country to produce super cheaply for a long time and they couldn‘t produce cars this cheap in a free market situation.

    Many countries and the EU have measures against such practices because state run operations with the sole purpose to destroy an industry (which this is) undermine the very idea of the free market or even trade relationships.

    Alternatively we could start subsiding local car makers and play the same little game China is playing but more cars is honestly the last thing we need right now. Tariffs are a much smoother option to deal with this even when they have a bad rep.

    Ideally we use that generated money from tariffs to subsidize public transport so we don‘t get cheaper cars but cheaper alternatives but that‘s still just a dream I‘m afraid.

    Whatever the case, one should look at super cheap cars and what that means in the long run more critically.












  • Sounds like a content highway but implemented in the narrowest, most awkward and least usable way imaginable. And they‘re paving the ruins of the search result page that they themselves bombed to bits with it. I‘m almost surprised they didn‘t try to sell this to premium users as the solution to a problem they created. The fact that they roll this out to free users tells me it‘s utter slop that I‘m never going to use.



  • CosmoNova@lemmy.worldtoTechnology@lemmy.worldWhen the AI bubble bursts
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    17 days ago

    Many people have been saying this for the last 3 years and I still think the bubble burst is as inevitable as a future economy that is entangled with AI. The overhype is obvious and a course correction kickstarted by a crash just a matter of time. The stock markets will have a very bad time before governments step in and waste our taxpayer money to give handouts to the super rich. But hey, at least big tech has to try regaining our trust and lie a little less obviously about their AI products for a while so it won‘t be all bad I guess? /s