Eh wrong link, here is the more complete argument.
I think it will essentially allow local law enforcement or even individual cops to perform sweeps and funnel immigrants into federal detention at the ICE camps they have planned.
I remember you writing about this before, and I'm afraid I think you have the maths wrong. Briefly:
1. (boring) network effects aren't exponential, they are quadratic
2. anyway tech operating costs tend to be *more than linear* in transaction volume - you need resources to handle all that..
...activity, and this gets harder to do well at huge scale (fancy distributed architectures etc...)
3. *If* it really was an arithmetic cost, quadratic/exponential revenue game, you'd have seen *extraordinary* profitability growth as Meta etc expanded. But I can't find that...?
4. Moderation...
But point (2) is key: yes, network effects grow fast (roughly x^2) as user numbers (x) grow. So you get more activity, user time, ad placement, revenue opportunity.
BUT the tech costs *also grow fast, with the activity* not slow, with user numbers, in my boring tech experience...
I think a Dem aligned media network could achieve some network lock-in for original news content. Legacy gets none because they’ve defined news as a fungible product. Paul Harvey turned wire copy into proprietary news.
It’s unsettling that our republic is completely expendable to him relative to his company’s stock price. Since he’s fine killing our country, would he also be fine with people getting killed?
To be fair in the face of fascism & lack of free speech-- Peter Thiel is also the Director of Meta Platforms Inc and owns about 9,948 shares of Meta Platforms Inc (META) stock worth over $6 Million.
He was also the 1st investor in Facebook with $500,000 in Facebook in August 2004.
Comments
I think it will essentially allow local law enforcement or even individual cops to perform sweeps and funnel immigrants into federal detention at the ICE camps they have planned.
There is no need for an actual crime.
1. (boring) network effects aren't exponential, they are quadratic
2. anyway tech operating costs tend to be *more than linear* in transaction volume - you need resources to handle all that..
3. *If* it really was an arithmetic cost, quadratic/exponential revenue game, you'd have seen *extraordinary* profitability growth as Meta etc expanded. But I can't find that...?
4. Moderation...
I think platforms *can* do moderate if they are serious. Eg - Youtube: https://www.marketplace.org/shows/marketplace-tech/youtube-ceo-says-its-content-moderation-focuses-on-what-people-say-not-who-they-are/
I suspect Google is just a more mature org, better able to manage these teams than Meta ever was.
BUT the tech costs *also grow fast, with the activity* not slow, with user numbers, in my boring tech experience...
It's just scale.
<< deletes account >>
He was also the 1st investor in Facebook with $500,000 in Facebook in August 2004.