Long term enshitification is a feature of our capitalistic way of thinking. i/e never thinking beyond the next financial quarter.
Edit - And that is why we will 100% lose to China. Central planning will always outperform market chaos. Literally 100% of the time. Better, faster, cheaper. They plan ahead. They look ahead decades. We look ahead only 1 quarter. Just 1. They’ll make 5 year plans and be very public about it to attract VC money to the rugpull. But 1 bad quarter and the whole enterprise is parted out and sold off to the highest bidder.
Long term enshitification is a feature of our capitalistic way of thinking. i/e never thinking beyond the next financial quarter.
Edit - And that is why we will 100% lose to China. Central planning will always outperform market chaos. Literally 100% of the time. Better, faster, cheaper. They plan ahead. They look ahead decades. We look ahead only 1 quarter. Just 1. They’ll make 5 year plans and be very public about it to attract VC money to the rugpull. But 1 bad quarter and the whole enterprise is parted out and sold off to the highest bidder.