@bjn The issue was never that renewables cost too much for the people who buy renewables. the issue was always that the people who buy renewables cost too much for the people who sell oil.
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wrosecrans@mstdn.social
@wrosecrans@mstdn.social
Posts
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The USA is spending over $1B/day on its Iranian misadventure. -
Meta, having renamed itself Meta and spending billions on it, is shutting down it's metaverse VR platform.@GossiTheDog Honestly, as pessimistic as I was, "Meta" threw so much money and reputation at metaverse I honestly thought something permanent would come out of it even if it was still just a token executive toy VRML chat app just to keep the boss happy.
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I've been thinking about this thread (link goes to final post) and its idea of a "Capital Strike" a lot for the last couple weeks.@mcc I don't think intentionality really matters. Clearly a lot of the people dumping billions of their own dollars unto AI are true believers. Whether or not there is some group intentionally pushing for a capital strike behind them or not, the effect is the same so the model is useful.