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Comment Re:All based on fake values (Score 1) 32

But that's kinda the point. What future earnings, given that so far they have none? To make a profit, they would have to dramatically change their fees. As in: Quadruple at least. That's going to destroy the user base really quickly. And as Altavista found out: Once you are no longer synonymous with a service, you are easily replaced.

Comment payday (Score 2) 32

and a massive payday for early investors

That seems to be the goal of all these massive IPOs recently. For early investors to cash out before the bubble bursts.

Comment Re:Capitalism wins again. (Score 1) 205

Capitalism is all about the free market.

More importantly: Capitalism is an ECONOMY and market system. It is NOT a blueprint for a society. You can run your commerce and trade as capitalism, when you run your SOCIETY along capitalism principles you end up... essentially with the USA.

This is the part that is constantly forgotten. As a society, we have values that are not represented well within capitalism. But for some reason, we dumb shits think that we can treat everything as a market and apply capitalism to it and that will magically solve problems. But in education, just as one random example, the goal of it all is educated adults as output. It is not maximizing profit. Same for the prison system, the healthcare system and two dozen others.

Comment Re:How Do They Make Money? (Score 1) 205

It's greed, pure and simple.

Making a good product is possible. KEEPING making good products for decades is hard. Even more importantly: You will have hits and misses. Which, for a quarterly-result-bonus oriented manager is a no-no. Subscription models mean plannable revenue streams. Then all you need to do is negotiate your bonus package so that the already existing subscriptions will provide and you're home free and can already order your 2nd yacht.

Comment Re: shit world (Score 1) 179

How can this be seen as a victory?

The "victory" is literally "pwning the libs." The thought process is, "Anything that denies them something that they want makes them weaker and us stronger." The base rallies and cheers, and meanwhile Trump and his cronies go back to extracting ungodly amounts of wealth from the entire world's resources.

Comment Re: D.o.g.e. (Score 1) 179

If they leave them there, the next administration might be able to switch them back on and start gathering woke climate science data again.

Kinda unlikely. If you leave anything sitting under the ocean, it's going to experience significant wear and tear. If there's no budget even to monitor the status of the monitors, let alone conduct routine maintenance, they're likely to be as good as junk by the time they're switched back on.

Comment Re:D.o.g.e. (Score 1) 179

Literally hundreds of scientific papers have been published using data from the OOI

Not to mention that the data is also used in industry, particularly in farming and fishing, where it is used to predict climate-related events. And this aren't just long-term events we're talking about. "Where are the fish likely to be this year" is a question this data can help answer.

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