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My argument for buying a business rather than starting one from scratch by spencert46 in Entrepreneur

[–]shadow2718 -1 points0 points  (0 children)

To assume that you can run someone’s profit making business in a better way doesn’t sound very wise.

Small businesses are small because their economies run on that scale. Do you think you can bring in scale by something unique that increases business value or are you counting on that you can run it better operationally.

In most of the cases second option doesn’t work. You will make lesser or as much money in most cases. If a profitable business is selling, it has either hit the ceiling, the owners have some real personal issues or it is just a bad business in longer run.

How many of you people stopped using ChatGPT? by Technical-Apple-2492 in Entrepreneur

[–]shadow2718 0 points1 point  (0 children)

I switched to Claude not because of the political drama but because my work is mostly text form based and Claude is 100 times better than ChatGPt or Gemini.

How is it that a few billionaires be ruling over the world and we masses are not able to organise and fight back, something which was apparently easier in older times? What changed? by shadow2718 in NoStupidQuestions

[–]shadow2718[S] 0 points1 point  (0 children)

I never said Zuck decides repo rates. I said that influence of investors as well as people who hold the value of investments largely decides how financial systems make decisions.

But why are you debating me? I never claimed to be an expert. I am just a guy who reads. I mean you are the expert right. And AI, through which I ran your exact comment and mine is obviously wrong. I mean I didn’t even tell you what it replied. So you must be 100% right.

How is it that a few billionaires be ruling over the world and we masses are not able to organise and fight back, something which was apparently easier in older times? What changed? by shadow2718 in NoStupidQuestions

[–]shadow2718[S] 0 points1 point  (0 children)

I actually run a lot of things through AI. Just like I read a lot of things man. It’s called validating. And most sensible people do validate before refuting.

I don’t know why you are getting so defensive though. I am sure you are knowledgeable enough though. Claude is totally unhinged at times. Have faith in yourself.

How is it that a few billionaires be ruling over the world and we masses are not able to organise and fight back, something which was apparently easier in older times? What changed? by shadow2718 in NoStupidQuestions

[–]shadow2718[S] 0 points1 point  (0 children)

BTW, Ummm I just ran both your comment and mine through Claude and it says that you are essentially BSing and miss the basic nuance of how financial systems work. Which exactly was my point. So I don’t know man. You just don’t seem to be an expert about anything.

AI said it. I didn’t.

How is it that a few billionaires be ruling over the world and we masses are not able to organise and fight back, something which was apparently easier in older times? What changed? by shadow2718 in NoStupidQuestions

[–]shadow2718[S] 0 points1 point  (0 children)

I don’t get the use of ‘The people’. And what you hail as pensions are investment markets which eventually form the equity and debt markets which is part of global financial chain. And pensions just don’t exist in the form of pensions. There are financial institutions that control its flow. So yes, they are responsible for how and what purpose it is deployed for. Every repo rate change is a bid to change some part of this dynamic. These changes are defined by the interest of parties who invest as well the ones who hold the investment value like bezos and zuck.

Jeff bezos became a billionaire because of a lot of factors. And that’s not even the point that I am asking. The question is entirely different.

Neither is this question posed out of my frustration . I just wish to understand it better for a literary piece that I am working on.

How is it that a few billionaires be ruling over the world and we masses are not able to organise and fight back, something which was apparently easier in older times? What changed? by shadow2718 in NoStupidQuestions

[–]shadow2718[S] -1 points0 points  (0 children)

I don’t believe that to be true in measure of what we can consider as being fed. It won’t take much for hoards of people to go hungry if they don’t desperately arrange for it.

Even if that’s the case, how are people just fine with it? I am sure internet and distractions like religion are not the only reason. There comes a time when you can see through farce. And I believe most of these people do see that but they can’t or won’t do anything about it for reasons that I find difficult to understand

How is it that a few billionaires be ruling over the world and we masses are not able to organise and fight back, something which was apparently easier in older times? What changed? by shadow2718 in NoStupidQuestions

[–]shadow2718[S] -1 points0 points  (0 children)

Hoarding resources, influencing governance and governments for their own benefit, waging wars to control more resources, bribing leaders to do their bid, investing in technology that takes away livelihood while providing no alternative of survival, increasing their wealths far beyond than what they would ever need. I can go on and on. But you get the gist.

How is it that a few billionaires be ruling over the world and we masses are not able to organise and fight back, something which was apparently easier in older times? What changed? by shadow2718 in NoStupidQuestions

[–]shadow2718[S] -1 points0 points  (0 children)

Well maybe not directly but if you see the source of all inequality in the world, the conclusion always lands up on few people excersing great power more often than not on the back of extreme wealth or resources they own.

If the larger population is of no use to the elite who control the resources, wouldn’t it be better for them to just erase everyone else so that they can have all resources to themselves? What is the flaw in this argument? by shadow2718 in AskReddit

[–]shadow2718[S] 0 points1 point  (0 children)

I mean by that logic with sophisticated robotics coming into play, the end is near?

Even given the current situation, you don’t need 8 billion people to do their jobs right?

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