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Comment Airtable users should bail now (Score 1) 11

Nothing says “innovation” like buying a useful, growing product at a distressed valuation, firing the people who built it, hiking subscription prices, crippling the free tier, and calling the resulting rent-extraction machine now “sustainable.”

Bending Spoons claims they're rescuing businesses, but what they really do is fuck anyone who bought into a platform they've purchased.

It’s applying the private-equity model to existing infrastructure: user lock-in, cut labor, reduce service, and monetize the inconvenience of leaving... but they cut out all of the innovation aspect by not even providing the value associated with the initial lock-in. They just skip the first step and buy companies to screw.

Comment Does this end them sooner, or is it irrelevant? (Score 1) 38

My first reaction is that if one company is selling at half the price, that company will go bankrupt at twice the speed since every transaction was already a money-loser. Customers are absolutely the worst thing for these "businesses."

But is revenue really significant? I can see how neither reducing the price to $0 or increasing their price to 10x what it was, might not really have much of a different impact on the bottom line, compared to all the debt.

Comment Re:Don't look! Don't look! (Score 1) 97

What a weird ... hey, wait, I think I figured it out!

You're looking at it from the point of view of the bank robber, aren't you? (Instead of from the point of view of all the people who didn't rob the bank but still somehow had their locations leaked to the government.)

Did I guess right?

Comment Small efficiency gain in the assembly line (Score 2) 18

I'm imagining devices going by a conveyor belt, and a worker with a wirecutter is making a brief snip on each of the devices as it travels by.

The boss walks up, and the snipper guy asks "Is it true? Is the customer canceling?"

The boss briefly nods but then shakes his head. "Yeah, they're canc--no, I mean they still want the devices. They just don't want the snipping anymore. They say go ahead and leave the warrant-detection-and-lookup circuit live."

"Good. I never really understood what I was doing here. They're still weren't required to check the sensor anyway, so why disable it?"

The boss explained, "so we could charge them for the snipping."

Comment Just another reminder of the upcoming auctions (Score 2) 128

There's no way to interpret these costs, that nobody is ever going to be willing to pay, as a reminder that soon these companies are going to be bankrupt.

Every time I see an AI story like this, it makes me realize I really have no idea what the AI bubble hardware is actually like, and how it might be used after auction.

A few months from now you might find yourself at an auction where 4TB of faster-than-anything-you-have RAM might be for sale for $80, but of course it won't be in the usual DIMMs that any of your existing mobos can use, will it? What will it be, and how do we best exploit it?

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