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Joined 1 year ago
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Cake day: June 30th, 2023

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  • I hope investors will see that the technology powering Reddit is no longer novel in execution or deployment. ActivityPub and its derivatives like Lemmy have proven this fact in practice.

    The value of Reddit lies in its userbase and quality of dataset. As Reddit evolves to become increasingly hostile toward its userbase, the most valuable members become the most heavily impacted. This leads to the migrations away from the platform and eventual degradation of data quality. The sale of user data to AI ahead of the IPO is an important indication that the Reddit c-suite is keenly aware of this.

    Hopefully the financial world will view the IPO as a cash-out for investors and not a viable investment into a sustainable business model.






  • From a strategic standpoint, we are fighting a proxy war with one of the world “superpowers” without putting a single American soldier at risk. We are straining the resources of said “superpower”, exposing their military weaknesses, and thus indirectly strengthening our position of military power on the world stage.

    From an economic standpoint, the war being in Ukraine is fantastic for the US military industrial complex. This is a rare case of public support of increased arms production. It’s an opportunity to offload old weapon inventory, and gives manufactures the luxury of honing logistics of new weapon production without the threat of conflict to the United States. Weapon manufacturers currently have live-fire test zone in conflict with a superpower to test old and new weapon systems.

    It’s all red-state, support our troops, big-business war profiteering touted by conservatives for the last two decades safely bottled up on the other side of the world. Why would conservative-minded politicians not support the war?

    Every headline of “We gave $X of new aid to Ukraine” is windfall subsidy for one of the strongest sectors of the US economy - weapons manufacturing.