Not only that, when the bubble pops, which it seems like it’s going to as they’ve no way to make back the money they are investing, the federal government will bail them out I fear, and make them even more beholden to our politicians and their pet projects.
I want to add, I read once in the Intercept about a vulnerability in whatsapp, I don’t know what the article is referencing yet, but it sounds like they built a backdoor for them, which frankly we should have presumed.
But even without that, messages sent within a country or bloc where they control all the telecommunications can identify whom is sending to whom by seeing when an encrypted message is sent and immediately received. I would not use any american tech with the assumption it’s as secure as it’s thought to be. Presume it’s compromised with backdoors.
Shit, so anyone wearing these glasses is compromising everyone they come into contact with, not just to data brokers, but by extension to the us government, and everyone else the data brokers sell the information to.
This is something the federal government actually should be regulating under interstate commerce, companies grabbing personal information of groups that didn’t consent is hardly fair, not the least when the information is being used commercially and to the detriment of people.
I guess that is why previous google glasses wearers were accosted and chased out of establishments, they didn’t want a corporate spy sending everyone’s likeness to headquarters and data banks.
So there is nothing about like niche hobbies on there? Like gourmet mushroom cultivation, or brewing I take it?
So corporations will decide whether you should be forced to surrender commercially valuable personal data to them, that makes them more money. Great system guys! If we can’t trust mega corporations with political connections, who can we trust?
Except we are beginning to not own what we own. The computer is yours, the software is just licensed, and they are trying to take everything away from us, from ovens to washing machines, they want to make it all subscription, spying on us, and serving us ads. We don’t have the right to repair the products when we break, and it’s a federal felony to “break” any sort of digital lock on a device, and I think to change it’s programming too.
That said, it’s a moot point as of yet, because while websites forced me to whitelist their sites to use them when I had adblock, I was told about ublockorigin, and I see no ads, and the sites can’t tell I am using it.
Yeah think about it, they would hardly lose any jobs, the only people that will lose out will be investors, bond holders, corporations that signed contracts with them maybe. They would have to play on the few lost jobs it could cause, even those though, the chip makers will still have work, they will just have to switch back to making chips for computers, which we need to be cheaper as AI has led to a derth of computer chips and I presume skyrocketing prices. So the chip makers will be fine.
They really don’t have an argument that I can see to bail them out, they will anyway, but it will be even more corrupt and blatant than what came before.
But maybe they can keep it going for a long time, especially with the fed about to be controlled by the executive and zero interest rates indefinitely. I mean look at Tesla, the actual value means nothing, apparently. It seems like it has to pop eventually, but I think the knowledge that the goverrnment will bail them out has led to less volatility as investors aren’t so quick to jump ship.
Privatized gains, and socialized losses. The president is basically a communist. That is what I’m going with.