@ParaGauchial (i'm not sure i understand what you are saying! what does discovering monopoly mean? discovery itself is generally a public good in the (very inadequate) Samuelson sense of nonrival, nonexclusive. 60s era US relationship with monopoly is interesting and complicated, Galbraith's "new industrial state" coexisting with zealously Court-protected SME markets and industries.)
@edaross i would love to see educators, institutions, and techology companies work together to mitigate the impact on the essay mill industry!
@ParaGauchial are they? medtech and biotech is intensely subsidized by state money, idle wealth does not actually seem so patient unless vast monoplies are on offer (by the state, also a subsidy). idle wealth in the last cycle went to crypto, because it could circumvent the traditional 5-10 years of patience required of VC by fast token sales.
@Smando it is very difficult to prevent commons at scale from being appropriated by monopolies, Elinor Ostrom notwithstanding.
"the state" is just a name we give to collective arrangements that strive to prevent that, though, yes, those arrangements often fail and become the playthings of monopolies.
@Smando an equal, competitive market does not long survive however free the flows of information or distribution begin. market dynamics are full of "matthew effects" — the rich get richer, more capable of bearing risk, paying off allies, punishing competitors. the only way competition is durable is with a state that counters those matthew effects and insists that it remains so.
@BenRossTransit price regulation can enable expenditure on safety, but it can also enable extraction of profit. so price regulation, if it's to serve the goal of ensuring invisible-until-catastrophe safety, has to be paired with vigorous enforcement of that safety regulation. if we have the latter, is the former still necessary? (maybe so! even with vigorous enforcement, competitive incentives to undermine can be strong, and entrepreneurs very clever.)
Services for which competition is vigorous tend to be better than services provided monopolistically.
But if services will be provided monopolistically, public is usually better, from an ordinary consumer perspective, than private provision (which quickly devolves to predation).
there so little discussion of the devastating effect #ChatGPT et al may have on the essay mill industry. #solidarity
A bit randomly, I've spent the last couple of weeks working on a Scala 3 templating engine, kind of a cross between Twirl and Java Server Pages.
I'd love any comment, critique, calumny. It's called #Untemplate.
george santos' seat in congress is our most democratic institution, because any of us, any day of the week, could with equal justice claim it.
they exhort us to blame lust
so that we will not blame greed.
My son wants to download an “autoclicker”. He explains to me what it is, and I say, so it’s a kind of cheat for your games. He says, “It’s not a cheat it’s a strategy.” Like any multibillionaire. The groomer I worry about is late capitalism.
it’s weird that “mall of america” is not just a metaphor.
in the equine sex worker community, an infusion reputed to prevent pregnancy and disease is frequently taken.
it is known on the street as “donkey ho’ tea”.
This is a subscriber-only post.
i'd like to join the parade of outrage at elon killing external clients, but i lived through the "good twitter" doing that twice already. (the good twitter was never good. elon is only truth-in-advertising.)
@buermann no they sought it of course.
what if they put Donald Trump's face on the platinum coin. who among them would dare to complain?
@survey login nonroot, su, do stuff, exit.
@igd_news @AliceMarshall women in slacks definitely should not read to our children. it’s obscene.