This video on how much of the debt these companies hold is hidden from their balance sheets is chilling. According to this, Meta “officially” owes $151B, but in reality has debt obligations closer to $572B.
That’s over 40% of Meta’s entire market capitalization, and they’re rapidly adding to that debt. Meta’s existing properties are losing users, and there’s just no fucking way they’ll be able to pay back this debt in the long term, because they have zero hope of deriving income from all this data center investment. At some point, BlackRock and the other private equity firms Meta owes money to are going to come looking for blood
They are all going into debt over datacenters. Google issued new shares… how? why? They all make so much money and still they can’t cashflow this expansion.
I guess they’re waiting for Peter Thiel to save them, again, when he turns the data centers into data lakes for palantir and we go full surveillance state. I do believe there is some end game these tech billionaires believe is on the horizon that we aren’t really privy to, it’s just a matter of them making it come to fruition before reality crashes down on their heads. Bankrupting them faster through boycotts is a good way the average person can help speed up reality and slow down their progress.
Ugh. I’m so sorry and angry every time I think on this…
…Full surveillance state. I do believe there is some end game these tech…on the horizon…matter of them making it come to fruition before reality crashes down on their heads…
We should bankrupt them faster because it’s what they deserve, and the progress needs to be slowed at all costs.
But the reasons why all this is unfolding? Very clear to see, and you even referenced them without really pausing to consider.
Fascism isn’t stupider this time around (in so far as being beyond the already astronomical stupidity required to believe it’s a solution to fucking anything).
It’s desperate. They didn’t pivot away from their little spaceship dreams and into AI because it’s more profitable. They don’t care to come ahead in an economically sound world.
I’m sorry. Time has ran out on the climate and our biosphere, as far as them retaining the properties that allowed us the ‘Modern World’.
There is no longer an avenue that averts widespread desolation, and they’ve known it all along because they don’t actually all ignore scientific consensus, they just pay for the masses to ignore it.
It’s going to be a gnarly and awful time, but humans aren’t wired to just give up and die.
Hence the total surveillance state. Hence the mass casual cruelty with mass deaths. Hence the persecution of anyone who might oppose or see through it.
The world as we know it will be reduced to ashes, in our lifetimes, and we’ll have to scramble to do whatever our species will do just to barely persist in some form, as that is just what we do.
They dream of a techno feudalist dreamscape where each little Dragon has their manageable fiefdom composed of a diminished and controllable populace to continue to carry out their self-aggrandizing whims. They can burn all of the economy now, because they’re trying to trade it for straight power.
Joke’s on them, they’ll die by the masses too, and those that don’t, will die by the masses. It’s not that hard for thousands of angry and with nothing to lose people to go after them.
Their dream of Autonomous Weapon guardians is as laughable as the rest of the stupidity they’ve attempted and failed at throughout the years: It will be as imperfect a solution to what they’re attempting as anything else they’ve ever done.
But we collectively let them have control of the playground while it was fresh and clean, so now we gotta deal with their bullshit king of the hill fantasies and the results of their evil stupidity.
This video on how much of the debt these companies hold is hidden from their balance sheets is chilling. According to this, Meta “officially” owes $151B, but in reality has debt obligations closer to $572B.
That’s over 40% of Meta’s entire market capitalization, and they’re rapidly adding to that debt. Meta’s existing properties are losing users, and there’s just no fucking way they’ll be able to pay back this debt in the long term, because they have zero hope of deriving income from all this data center investment. At some point, BlackRock and the other private equity firms Meta owes money to are going to come looking for blood
They are all going into debt over datacenters. Google issued new shares… how? why? They all make so much money and still they can’t cashflow this expansion.
What blood will there be to take?
I guess they’re waiting for Peter Thiel to save them, again, when he turns the data centers into data lakes for palantir and we go full surveillance state. I do believe there is some end game these tech billionaires believe is on the horizon that we aren’t really privy to, it’s just a matter of them making it come to fruition before reality crashes down on their heads. Bankrupting them faster through boycotts is a good way the average person can help speed up reality and slow down their progress.
Ugh. I’m so sorry and angry every time I think on this…
We should bankrupt them faster because it’s what they deserve, and the progress needs to be slowed at all costs.
But the reasons why all this is unfolding? Very clear to see, and you even referenced them without really pausing to consider.
Fascism isn’t stupider this time around (in so far as being beyond the already astronomical stupidity required to believe it’s a solution to fucking anything).
It’s desperate. They didn’t pivot away from their little spaceship dreams and into AI because it’s more profitable. They don’t care to come ahead in an economically sound world.
I’m sorry. Time has ran out on the climate and our biosphere, as far as them retaining the properties that allowed us the ‘Modern World’.
There is no longer an avenue that averts widespread desolation, and they’ve known it all along because they don’t actually all ignore scientific consensus, they just pay for the masses to ignore it.
It’s going to be a gnarly and awful time, but humans aren’t wired to just give up and die.
Hence the total surveillance state. Hence the mass casual cruelty with mass deaths. Hence the persecution of anyone who might oppose or see through it.
The world as we know it will be reduced to ashes, in our lifetimes, and we’ll have to scramble to do whatever our species will do just to barely persist in some form, as that is just what we do.
They dream of a techno feudalist dreamscape where each little Dragon has their manageable fiefdom composed of a diminished and controllable populace to continue to carry out their self-aggrandizing whims. They can burn all of the economy now, because they’re trying to trade it for straight power.
Joke’s on them, they’ll die by the masses too, and those that don’t, will die by the masses. It’s not that hard for thousands of angry and with nothing to lose people to go after them.
Their dream of Autonomous Weapon guardians is as laughable as the rest of the stupidity they’ve attempted and failed at throughout the years: It will be as imperfect a solution to what they’re attempting as anything else they’ve ever done.
But we collectively let them have control of the playground while it was fresh and clean, so now we gotta deal with their bullshit king of the hill fantasies and the results of their evil stupidity.