
Libra00
There’s a word for that: enshittification
Netflix will what now? Sorry, I was busy canceling my netflix account.
Kidding, I canceled it ages ago when the $10 version became SD-only with ads.}
Why do we keep paying people like this to enshittify everything?
…and still be a billionaire.
Why should oligarchs get to decide where the proceeds of their exploitation get spent?
Funny how every time anyone talks about replacing capitalism everybody trots out the examples of innovation and competition as things we would lose. Meanwhile capitalists are over here doing their level best to sabotage innovation and buy or legislate their way out of competition so they can remain complacent in their dominant market position. ‘Won’t someone please think of the billionaires’ is wearing kinda thin when they’re actively undermining the purported benefits of their wanton exploitation and delivering nothing but stagnation and enshittification.
Also because that lump sum is all there is. If you take the annuity they put the lump sum into an investment account and then pay you out of the proceeds (from which they take a cut, of course), and you can get the same returns they get, without losing their cut, doing it yourself.
but I am determined that “he died rich” will not be one of them.
Bill Gates has a net worth of ~$168 billion. Even if this isn’t just PR intended to launder his image, even if he does in fact give away 99% of that, it will still leave him with $1.68 billion dollars. Even if he ups that to 99.99% that’ll still leave him with $16.8 million, which is still rich by anyone’s measure. Bill Gates’ idea of ‘not dying rich’ is radically different than yours or mine; he was never not going to die rich.
Don’t. Even if it’s not a cult (it totally is) it’s a scam designed to extract money from people. If you just want to give up a significant portion of your money and feel like you belong you’re welcome to buy a shitload of weed and come hang out with my friends and I.
Because light is affected by gravity but gravity isn’t. Gravity—the curvature of space-time—can’t stop changes in the curvature of spacetime from propagating outward. But also that information isn’t coming from inside the event horizon, it’s coming from spacetime around it.