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Comment Re:In related news, (Score 1) 105

Small difference: drugs are known to be harmful, and illegal. The harm of social media to developing children has only recently been documented

If it is known that social media harms kids, then doesn't the state share some of the blame? Why is there no law?
If it is not known (or only recently came to light), can you really blame the social media companies? You could blame them for trying to block relevant legislation, but not for harm done in the past.
If the harmful effects were known to the companies and they kept it quiet, then you'd have a case, morally speaking. Bit like the tobacco firms.

Comment Re:taxing unrealized gains is problematic (Score 1) 287

So how about closing that particular loophole, and make them pay capital gains on the profits that they do realize? For instance, by taxing such loans with no "normal" repayment schedule as dividend. We've had similar issues, with business owners borrowing money from their company with no intention of ever repaying it, thus avoiding dividend tax. A new law caps these "non market conformant" loans at 100k.

A cash grab like this is pretty sickening. Even in the rather socialist leaning country I live in, this would probably not stand, local courts and the ECHR might well consider similar taxes to amount to appropriation, and illegal.

Comment Re:How exactly does a 50% tax on stock value work? (Score 1) 187

I'm also not opposed to the idea. Not because of a supposed concentration of wealth. Musk does not have a trillion dollars, taken from elsewhere, sitting in a giant warehouse somewhere; it's all stock in a massively overvalued company that he built. His riches do not make us poorer. And I don't envy him his wealth, he's welcome to it.

What I do have an issue with, is the concentration of power this represents. Wealth, whether in actual dollars, publicly traded stock or private stock, represents an undue amount of influence in politics. If we're doing a tax on large companies, or a wealth cap, this would be the reason I'd agree with it. Not a sense of "fairness".

"OpenAI hasn't had their IPO yet, so couldn't they just find some kind of workaround to avoid this?"
Not necessarily. The tax could be paid in stock, in fact that would not be a bad idea. So that the control of important companies does not remain in the hands of a handful of individuals. Again, the only justification of this would be to prevent a concentration of power.

Comment Re:What is socialism? (Score -1) 122

definition of "socialism", which is: worker ownership of the means of production

Bzz, false. The dictionary definition of the term is:

a way of organizing a society in which major industries are owned and controlled by the government rather than by individual people and companies

See? No "worker ownership" — government ownership. Schools don't need to be owned by the teachers for public education to be socialist, they need to be owned by the government. And they are!

Same goes for retirement financing, and medicine for retires — with millions clamoring to expand it ("Medicare for all!!") — what GP enumerated. The "single-payer healthcare" — another euphemism — would be exactly that too.

Workers can own shares of their employers — indeed, Anthrophic employees do (and anticipate to profit handsomely). That's not socialism at all — not by the dictionary definition.

I blame the libertarians for making the definitions unclear

I blame you for pulling the definition from under your tail — and the morons upvoting you.

"anything the government does that benefits the people instead of corporations."

That's spelled "KKKorporation$". Make a note of it. Benefits the people, eh? The per-pupil spending nationwide went up (inflation-adjusted) from $9083 in 1989 to $13790 last year. And what did this expense buy us — the barely literate population unable to even define such terms as "socialism" correctly...

And they've adopted the word "democratic socialism"

The term (not "word"!!!) was adopted by "former" Communists, who've proudly elected a Senator some Congresswomen and, most recently, New York mayor. Who immediately proceeded to establish a government-owned supermarket.

Comment Are unsubstantiated accusations Ok now? (Score -1) 122

some wondering if they were being picked on by President Trump

Seriously? "Some wondering" — and it is on front page... What a contrast to Trump's supporters accusations, his electoral win was stolen in 2020 — no, any time someone mentioned those, a bunch people would jump up to add: "unproven" and "without evidence".

Comment Re:The SpaceX Valuation is Insane (Score 1) 67

Not just "the future", but the future of AI. If you go by future projected revenue as predicted by SpaceX (which is the only projection that justifies their valuation), they are an AI company with a small space division. An AI market in which they are not at all well-positioned. Buying Cursor may improve that somewhat. Maybe that's the plan - buy every promising AI startup with stock, until they hit gold.

Submission + - Software engineer scored a religious exemption from using AI at work (notthebee.com)

schwit1 writes: Erin Maus is a Unitarian Universalist and Unitarian Universalists believe everything.

And it worked.

Her employer granted her the religious exemption. Now, she's coding vibe-free.

‘I'm writing my code and reviewing my code by hand, which seems crazy to say,‘ she told Business Insider.

‘Just two years ago, how else would you do it?'

But it's not just the Unitarians who could file for the exemption. Pope Leo has also condemned AI as unethical, particularly the huge numbers of people enslaved at data labeling centers around the world who are forced to work in near slave conditions teaching AI.

And the number of people suddenly finding religion just so they don't have to use AI is kind of hilarious.

The funny thing is, U.S. citizens don't have to prove their sincerely held beliefs. All these heathens don't have to actually convert to get the exemption.

Besides, at some point the companies will realize what Maus did: Maus found that completing her coding tasks without AI was just as quick as her colleague, who used AI, telling the publication that ‘AI doesn't really seem to be this game changer.'

Submission + - Fox to buy streaming device maker Roku for $22 billion (cnbc.com) 1

schwit1 writes: The combination will merge Fox’s sports and news networks, as well as its free ad-supported streamer Tubi, with Roku, which makes streaming devices and has The Roku Channel.

The deal is expected to close in the first half of 2027.

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