@pluralistic The best description of the market I’ve heard is that it’s a self licking ice cream cone. Decades ago it was based on rational fundamentals, but with high frequency trading it really is just a popularity contest sniffing its own farts. A decade with #tsla was elucidating

We don’t get #enshitification to this extent without the #mbas and #lawyers We need more builders and less takers. Teach the kids to be creators, not consumers

@pluralistic The best description of the market I’ve heard is that it’s a self licking ice cream cone. Decades ago it was based on rational fundamentals, but with high frequency trading it really is just a popularity contest sniffing its own farts. A decade with #tsla was elucidating

We don’t get #enshitification to this extent without the #mbas and #lawyers We need more builders and less takers. Teach the kids to be creators, not consumers