Fuck Zuck
Fuck META
Fuck Billionaires
Fuck Slop
Lol so now we care about Meta shareholders?
I don’t really see how on the one hand you can be yelling Fuck Meta, then on the other be complaining about how Zuck is taking money from the owners of Meta and giving it to California in the form of tax money.
‘Meta shareholders’ include most people with a retirement account. Even if you don’t have much in it and they’ve only defrauded you of $5, multiply that by 150 million people who have a 401k.
They haven’t defrauded you of shit.
First of all, diluting your stocks is not fraud. At end of story there.
Second of all, those institutional investors will just put that money into a different more valuable company, driving down metas stock price.
This is literally horseshit logic that would lead you to think that any company, once they hit a certain size cannot be let to fail or suffer, just because they’re now part of an index fund. Thats absolute horseshit.
First of all, diluting your stocks is not fraud
The entire “AI” industry is based on fraud and product misrepresentation, and when the bubble pops we’ll see what the courts say when people start suing.
No it’s not. I’m sorry, but everyone on Reddi / Lemmy who is all like ‘ai is horseshit and doesn’t do anything’, are fucking, sotrich-like, head in the sand, idiots.
You can be anti-AI for the economic reason, or you can be anit-AI because you think it doesn’t work, and the latter camp are blind morons.
I’m anti-LLMs and generative AI both because it’s useless garbage and because of the disgusting social and environmental cost. Anyone who thinks it works incredibly is either using for shit that barely required a sapient person to begin with (writing office emails and making flyers), or they’re using it as the most expensive autocorrect in the world (coders). Shockingly, all of which can be done without destroying the planet and with fewer errors if you just pay actual people to do it. All of which is irrelevant to the fact that it simply does not to the things these companies are claiming it does. It is not going to replace your human work force, it is not going to recursively improve itself any more than breeding faster horses made trains.
Oh, sorry, I forgot it also works incredibly for spamming and hacking insecure systems. Vital needs worth destroying the planet over.
You literally contradicted yourself in your own comment.
You claim it’s useless autocomplete, then at the end suddenly remember that it’s capable of hacking stuff.
Being autocomplete on steroids that can cough up another version of whatever hack that already exists online doesn’t make it useful or powerful, any more than being able to autocomplete a story does.
This is just current news.
Not “Today, I learned” material.Should be a 10year rule.
As in “This has been a thing for a decade, but I just learned about it now.”The current news cycle is only reporting the cap raise and attributing it to Meta’s AI CAPEX. Not his personal tax liability and the CA & NM AG lawsuits.
edit absent The Guardian https://www.theguardian.com/technology/2026/oct/22/meta-mark-zuckerberg-california-wealth-tax
That doesn’t make this the right community. It’s still just news
Welp, perhaps we all learned something today.
That’s what news means.
thanks Steve
Sure thing
