#roteconomy — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #roteconomy, aggregated by home.social.
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#EdZitron again.
Venture capital is now dominated by people that don’t build anything but worship at the altar of what they imagine a “builder” looks like. As a result, these people flock to founders that confirm their biases — those who are usually men, usually white, usually software engineers from big schools, usually building things that look and sound like everybody else.
#rotEconomy #AIBubble #ventureCapital
Premium: The Silicon Valley Bubble (Part 1) https://www.wheresyoured.at/premium-the-silicon-valley-bubble-part-1/
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“AI didn't take our jobs. Greed did. Same greed that moved factories to Bangladesh and keeps slaves in cobalt mines in the Congo. It just wears a new mask now.”
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“AI didn't take our jobs. Greed did. Same greed that moved factories to Bangladesh and keeps slaves in cobalt mines in the Congo. It just wears a new mask now.”
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The AI griftosphere is starting to show its ass. Good. May that hasten its overdue demise.
Latest from @Zitron
from 03/24/2026:
"The AI Industry is Lying to You"
https://www.wheresyoured.at/the-ai-industry-is-lying-to-you/ -
A useful listen, well put, and reason elebenty billion to boycott Amazon (amongst others) :)
#tech #monopoly #extraction #extortion #degeneration #roteconomy #enshittification
https://podcasts.apple.com/nz/podcast/factually-with-adam-conover/id1463460577?i=1000750283543
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A useful listen, well put, and reason elebenty billion to boycott Amazon (amongst others) :)
#tech #monopoly #extraction #extortion #degeneration #roteconomy #enshittification
https://podcasts.apple.com/nz/podcast/factually-with-adam-conover/id1463460577?i=1000750283543
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Oh hey look, Some More News did an episode on the topic that makes everyone hate talking with me for more than five minutes. Of course, they do it much better, and it can basically be summed up by this one line in the video: "Everyone laundering human suffering so the end-user can shelter themselves in plausible deniability."
That's the problem, though. This is all propped up by willful ignorance, and I have a hard time imagining enough people will take the blinders off to make a difference.
Even when I hung with IWW folks, people would still talk about their Amazon orders, like there's no alternative. There is. you've just decided your immediate "need" was more important than the well-being of every other link in the chain of misery.
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Oh hey look, Some More News did an episode on the topic that makes everyone hate talking with me for more than five minutes. Of course, they do it much better, and it can basically be summed up by this one line in the video: "Everyone laundering human suffering so the end-user can shelter themselves in plausible deniability."
That's the problem, though. This is all propped up by willful ignorance, and I have a hard time imagining enough people will take the blinders off to make a difference.
Even when I hung with IWW folks, people would still talk about their Amazon orders, like there's no alternative. There is. you've just decided your immediate "need" was more important than the well-being of every other link in the chain of misery.
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I'm trying to figure a way out of printing and framing @pluralistic 's latest:
https://pluralistic.net/2025/09/10/say-their-names/#object-permanence
But maybe I have a better idea. The @eff could put together a Most Wanted deck of playing cards of the priests and enablers of #enshittification and the #roteconomy.
Please do, and then take my money!
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@theluddite
> do you think it explains just how much money they're willing to set on fire? And even then, what is it about AI that makes that connection?I'm convinced by Ed Zitron's thesis of the #RotEconomy:
A huge portion of financial activity, is based on the value of tech company stocks
Tech stocks are valued only because investors expect them to grow, rapidly and forever
Tech corps that don't promise unreasonable 10×, 20×, etc. growth, are severely punished
They have *no ideas left*.
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@theluddite
> do you think it explains just how much money they're willing to set on fire? And even then, what is it about AI that makes that connection?I'm convinced by Ed Zitron's thesis of the #RotEconomy:
A huge portion of financial activity, is based on the value of tech company stocks
Tech stocks are valued only because investors expect them to grow, rapidly and forever
Tech corps that don't promise unreasonable 10×, 20×, etc. growth, are severely punished
They have *no ideas left*.
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"We will eat whatever slop gets scooped onto our plate as long as it's a bigger scoop than China's or Russia's."
This is an incredibly well reasoned philosophical argument against the continued encroachment of AI and the rot at the heart of our tech and our economy, but this one sentence cuts to the quick of why it will still steam-roll over us: The vast majority of the populace, at least in America, and I suspect in the larger "developed world" does not care. As long as there is reasonably palatable slop for us to consume, that's good enough to appease us. I see little islands of folks like me ranting and raving about this shit online, but do it in person, and you'll find yourself speaking with a sympathetic (but docile) choir, or folks who just... don't get it. They *like* it.
THEY LIKE IT.
They like the slop. It's good enough. It's easy. Why do I have to keep making things so difficult?
https://www.youtube.com/watch?v=7dm_UY8jCGQ
#GenAI #RotEconomy #Enshittification #Luddite #KingLudd #MainFrameBreakers
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GenAI is also the real-world corollary to my hypothetical cornerstone argument against nuclear power: We have proven, time and time again, that the capitalist hunger for literal power knows no bounds. GenAI is sucking up massive amounts of energy and power, driving neighboring populations insane from the noise, and having untold consequences on the environment outside of those factors... We are already on track to outstrip current power production in an age where we need to be *decreasing* our power demands. Nuclear just creates *different* pollution, one which will quickly pile up if our power demands aren't curtailed.
But y'know, become a fucking "prompt engineer" or whatever fake-ass job you can imagine to keep propping up and legitimizing this death-cult economy.
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That fact that I can't afford to live unsubsidized as a skilled mechanic and I hear people talking about training to become "prompt engineers" makes me want to start smashing servers.
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Listening to Better Offline: The Era of the Business Idiot - Part 3.
Ed Zitron has been on good form this week. All three episodes in the Business Idiot series dropped this week.
https://podcasts.apple.com/gb/podcast/better-offline/id1730587238?i=1000712701288
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Listening to Better Offline: The Era of the Business Idiot - Part 3.
Ed Zitron has been on good form this week. All three episodes in the Business Idiot series dropped this week.
https://podcasts.apple.com/gb/podcast/better-offline/id1730587238?i=1000712701288
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The hype-economy (or #roteconomy) and its believers/promoters/leaders may be about to amplify the crash to come / already underway.
There isn't much there there, but they are zealots of potential (unfounded), spoiled by their privilege and the luck it affords them.
https://prospect.org/power/2025-03-25-bubble-trouble-ai-threat/ -
The hype-economy (or #roteconomy) and its believers/promoters/leaders may be about to amplify the crash to come / already underway.
There isn't much there there, but they are zealots of potential (unfounded), spoiled by their privilege and the luck it affords them.
https://prospect.org/power/2025-03-25-bubble-trouble-ai-threat/ -
How The #TechMedia Can Beat The #RotEconomy
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How The #TechMedia Can Beat The #RotEconomy
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Even if a government weakens laws around pollution control and monitoring, removes toxic discharge laws, companies aren’t *required* to suddenly increase polluting. They choose to. Because they’re giant turds and they make more money by not having to clean themselves up. #RotEconomy
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On generative AI:
"I want you to remember the names Satya Nadella, Tim Cook, Mark Zuckerberg, Sam Altman, Dario Amodei and Sundar Pichai, because they are the reason that this farce began and they must be the ones who are blamed for how it ends. " -- Ed Zitron
https://www.wheresyoured.at/wheres-the-money/
#LLM #AI #AIBubble #SpeculativeBubble #Grift #EdZitron #Enshittification #Encrapsulation #TechBubble #RotEconomy #AiMindVirus #BrainRot #AISlop #GenerativeAI
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"Despite hating all these places, ads, and garbage interactions between weirdos and robots, i don’t think i’ll be leaving anything anytime soon."
https://sliceofplant.com/blog/online-kinda-sucks #indieweb #roteconomy
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As seen on the N Judah street car
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"The problem, I believe, is that the tech media has become poisoned by a mixture of ignorance and cynical optimism where the narratives are driven not by any particular interest or domain expertise, but by whatever they believe the market (or the powerful people they admire) would like it to be.
I know for a fact that the senior editorial staff handling technology at multiple major mainstream publications do not really care about, understand or have any real interest in tech other than a vague attachment to the idea that it’s “important, somehow.” As a result, mainstream tech coverage is focused on market effects (like artificial intelligence, or whatever other “thing” everybody wants to read about) rather than directing coverage from the perspective of “what things are happening to people in real life as a result of technology.”
I also think that the tech media has been infiltrated and controlled by people that want to be famous or associated with famous people. They want them to win. They want a benevolent dictator. They want their products to do well so that they can get the interview with the big-name founder or CEO on stage at a conference. They want access to them for interviews, and they want to make sure they get the first look at their next product release. While one might argue that “people want to hear about AI,” what people want to hear about is largely driven by the narratives the media agrees upon."
https://www.wheresyoured.at/what-were-fighting-for/
#BigTech #RotEconomy #Enshittification #Technology #TechJournalism #Media #News
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"The problem, I believe, is that the tech media has become poisoned by a mixture of ignorance and cynical optimism where the narratives are driven not by any particular interest or domain expertise, but by whatever they believe the market (or the powerful people they admire) would like it to be.
I know for a fact that the senior editorial staff handling technology at multiple major mainstream publications do not really care about, understand or have any real interest in tech other than a vague attachment to the idea that it’s “important, somehow.” As a result, mainstream tech coverage is focused on market effects (like artificial intelligence, or whatever other “thing” everybody wants to read about) rather than directing coverage from the perspective of “what things are happening to people in real life as a result of technology.”
I also think that the tech media has been infiltrated and controlled by people that want to be famous or associated with famous people. They want them to win. They want a benevolent dictator. They want their products to do well so that they can get the interview with the big-name founder or CEO on stage at a conference. They want access to them for interviews, and they want to make sure they get the first look at their next product release. While one might argue that “people want to hear about AI,” what people want to hear about is largely driven by the narratives the media agrees upon."
https://www.wheresyoured.at/what-were-fighting-for/
#BigTech #RotEconomy #Enshittification #Technology #TechJournalism #Media #News
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In my blog
Everyone now sees the rot economy—and we're beginning to understand what's behind ithttps://jackyan.com/blog/2025/02/everyone-now-sees-the-rot-economy/ #enshittification #RotEconomy #BigTech #technodeterminism
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In my blog
Everyone now sees the rot economy—and we're beginning to understand what's behind ithttps://jackyan.com/blog/2025/02/everyone-now-sees-the-rot-economy/ #enshittification #RotEconomy #BigTech #technodeterminism
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Another fantastic episode of Better Offline and how bad being online feels for most people. When you're tech savvy you can dodge some of this crap. But it's hell for the average user.
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"The forces I criticize see no beauty in human beings. They do not see us as remarkable things that generate ideas both stupid and incredible, they do not see talent or creativity as something that is innately human, but a commodity to be condensed and monetized and replicated so that they ultimately own whatever value we have, which is the kind of thing you’d only ...want if you were fully removed from the human" race.ttps://www.wheresyoured.at/never-forgive-them/
#RotEconomy -
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Big Howard Beale energy here, and I mean that in the best way possible.¹
Why aren't we *ALL* "mad as hell, and... not going to take it anymore"? Maybe we should be.
https://www.wheresyoured.at/never-forgive-them/
1. Which, to be honest, is an interesting mixture of good, bad, and crazy, but mostly on the good side in this case.
#RotEconomy #UX #BadUX #UIUX #AbusiveUX #UserHostile #tech #MonetizeAllTheThings
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Lest das! So wahr ... (leider).
https://www.wheresyoured.at/never-forgive-them/ -
"The tools we use in our daily lives outside of our devices have mostly stayed the same. While buttons on our cars might have moved around — and I’m not even getting into Tesla’s designs right now — we generally have a brake, an accelerator, a wheel, and a turn signal. Boarding an airplane has worked mostly the same way since I started flying, other than moving from physical tickets to digital ones. We’re not expected to work out “the new way to use a toilet” every few months because somebody decided we were finishing too quickly.
Yet our apps and the platforms we use every day operate by a totally different moral and intellectual compass. While the idea of an update is fairly noble (and not always negative) — that something you’ve bought can be maintained and improved over time is a good thing — many tech platforms see it as a means to further extract and exploit, to push users into doing things that either keep them on the app longer or take more-profitable actions.
We as a society need to reckon with how this twists us up, makes us more paranoid, more judgmental, more aggressive, more reactionary, because when everything is subtly annoying, we all simmer and suffer in manifold ways. There is no digital world and physical world — they are, and have been, the same for quite some time, and reporting on tech as if this isn’t the case fails the user. It may seem a little dramatic, but take a second and really think about how many little digital irritations you deal with in a day. It’s time to wake up to the fact that our digital lives are rotten.
I’m not talking about one single product or company, but most digital experiences. The interference is everywhere, and we’ve all learned to accept conditions that are, when written out plainly, are kind of insane."
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Ed Zitron is _on fire_:
“Our digital lives are actively abusive and hostile, riddled with subtle and overt cons. Our apps are ever-changing, adapting not to our needs or conditions, but to the demands of investors and internal stakeholders that have reduced who we are and what we do to an ever-growing selection of manipulatable metrics.It isn’t that you don’t “get” tech, it’s that the tech you use every day is no longer built for you, and as a result feels a very specific kind of insane. “
https://www.wheresyoured.at/never-forgive-them/?ref=ed-zitrons-wheres-your-ed-at-newsletter
#enshittification #rotEconomy -
Another excellent post from #EdZitron on the #RotEconomy, particularly how at the end of 2024 he feels it has radicalised him.
I don't see the gap Ed does between RotEconomy and #enshittification - I've always thought of one as the driver for the other - but his hands-on account of using a cheap consumer laptop is really thoughtprovoking for those of us who live and breathe IT and normally have access to better hardware.
https://www.wheresyoured.at/r/21c459b9?m=a7f10078-ed4a-4901-965a-2f5c16f63fd8
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I didn't think it was possible, but Ed is even more furious than usual. And he's largely right, I think. Further, he's got a small idea of how to begin clawing back from where we've fallen to, and a rallying cry to build towards a better situation. https://www.wheresyoured.at/never-forgive-them/ #EdZitron #WheresYourEdAt #RotEconomy #2024Review