Musk Uses His F*ck You Money

How about this guy...the absolute literal definition of "F*ck ewe $":

“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.  As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter, and a 38% premium over the day before my investment was publicly announced,”. 

“My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.”

...and heads blow up all over the world...next on the block?

FaceBook. After that?  Universities/higher education.

Twitter is no different than FB or Google(Meta or Alphabet). 

Consider Musk as a player in the MetaVerse.  Giving everyone on the planet a shared experience through telepresence, of a walk on Mars.

Unions at Amazon

I was reading how Amazon employees voted to unionize at one DC and it got me thinking about robots. Robots don't vote. Or strike. Or catch Covid...or even spread Covid.

Then I read about it will be another ten years before "fully automated shipping warehouses" are a thing.

I don't believe Amazon.

Read the article here.

The Luddite Falsehood

"The Luddite fallacy is the simple observation that new technology does not lead to higher overall unemployment in the economy. New technology doesn’t destroy jobs – it only changes the composition of jobs in the economy.

Historical background

The Luddites were a group of English textile workers who violently destroyed machines. They broke up power looms because they feared that these new machines were taking their jobs and livelihoods.

Against the backdrop of the economic hardship following the Napoleonic wars, new automated looms meant clothing could be made with fewer lower-skilled workers. The new machines were more productive, but some workers lost their relatively highly paid jobs as a result. It was this unemployment of former skilled workers which led to the industrial unrest and direct action."

Read the rest here.