Are people using capital to acquire more capital to then undertake more capital-intensive endeavors? Yes? Then it’s still capitalism.
At this point I think Varoufakis only continues to rant his drivel in order to feel better about being a rich capitalist himself.
And advertising customers. Great company all around.
Hm. Maybe I’m missing something but I’m not seeing a million ‘successful’ AI startups pop up overnight like during the Dot Com Bubble. Most of the AI investments I’ve seen have been from major corporations that can pivot and eat a little loss. I do see several resume and business-plan writing services but it just doesn’t seem like much of a parallel, to me.
The article doesn’t address this disparity, it just pretends like it’s an equivalency - citing only megacaps like GOOG, MSFT, etc. Clickbait headline, I guess.
twitch plays pokemon, airliner edition
Lemmy is acting weird so I can’t go back and quote, but no, you phrased your attribution in reverse at least once.
All this probably happened because we stopped to geoengineer by outlawing ships blowing sulphur into the air which created additional cloud cover.
You have your causality running backwards… this was already here, and the sulfur was masking it. This happened because we put so many GHG in the air.
It works, and without wrecking havoc on the overall system.
Europe is the one that initiated the sulfur reductions. With the additional dimming data now available, they reviewed it to determine how much damage had been caused. The conclusion? The benefits of reducing sulfur actually outweigh the damage of unmasked warming. The plan for further reductions was upheld.
If we mask radiative forcing, we don’t want to be doing it with sulfur. That leads to acid rain, ocean acidification, and asthma and other diseases. CaCO3 is a candidate. The long-term consequences of any candidate is unknown. Except that we know that the less sulfur raining down on us and the fish in general, the better.
He’s had a very visible career so it’s actually pretty clear what his views are. He is not at all a socialist, he is a SocDem. He likes neoliberalism with some safety nets.