Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism

Jure Repinc@lemmy.ml to Technology@lemmy.world – 698 points –
Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism| Samantha Floreani
theguardian.com

Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.

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Lol, no steam engines without stealing from the worker, got it. 🙄

I mean, around that time, I'm pretty sure steam engines were literally considered 'stealing from the worker'.

The same with many other forms of mechanisation.

It's not that the luddites were wrong, just that they were easily beaten, because humans can't compete.

There are critics and cynics, but the same is happening now around AI.

There's not a worker in the world who will vote away their own job.

Unchecked control of the workers for industry will harm us all. We don't need socialism we need strong unions.

There’s not a worker in the world who will vote away their own job.

The fuck are you talking about? This happens all the time.

No it doesn't, historically people have literally burned down factories and assaulted those who were replacing their jobs.

There's not a factory in the world with any significant number of workers that find some new innovation that makes all those workers obsolete where the workers go "oh yeah, let's do that"

There are absolutely zero incentives for a worker too to support such a thing. If you think they're going to somehow magically vote against their own interest and act in favor of the common good no matter the situation....

Well that's very socialist thinking from you.

Literally every Red state in the US is a a group of people voting away their own jobs.

Have you missed the Republican opposition to climate change? Have you missed Republican opposition to globalization in recent years?

Those didn't come out of thin air. They come out of many towns across the country whose entire economy once relied on things like mining coal and heavy dirty industry which was all shipped out to China. They are 100% voting in favor of their jobs still.

Also remember that under socialism we are not talking about country level decisions, we are talking about factory level decisions which will largely be decided by the workers. Unless an issue becomes important enough that it becomes a nationwide issue that gets a vote for the larger popular vote, 90% of technologies are going to get trashed.

No it doesn't, historically people have literally burned down factories and assaulted those who were replacing their jobs.

Because capitalism doesn't provide a safety net for when you job is gone.....damn you are fucking stupid