Private equity firms are the demon princes of the hellspace that is the imploding, life-destroying, plutocrat-generating American economy.
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Their favorite scam, the "leveraged buyout" is a mafia bustout dressed up in respectable clothes, and if you mourn a beloved, failed business, chances are that an LBO was the murder weapon, and PE was the killer:
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> One actual therapist is just having ten chat GPT windows open where they just like have five seconds to interrupt the chatGPT. They have to scan them all and see if it says something really inappropriate. That's your job, to stop it.
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My latest *Locus Magazine* column is "Strange Bedfellows and Long Knives," about the secret engine of sweeping political upheavals (like Trumpism) and their inherent fragility:
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Stories about major change usually focus on a *group*, but groups rarely achieve big, ambitious goals. Think about all the goal-oriented groups in your orbit, with missions like alleviating hunger, or beautifying your neighborhood, or changing the health-care system.
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Something's very different in tech. Once upon a time, every bad choice by tech companies - taking away features, locking out mods or plugins, nerfing the API - was countered, nearly instantaneously, by someone writing a program that overrode that choice.
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Bad clients would be muscled aside by third-party clients. Locked bootloaders would be hacked and replaced. Code that confirmed you were using OEM parts, consumables or adapters would be found and nuked from orbit.
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"Understood: Who Broke the Internet?" is my new podcast for CBC about the enshittogenic policy decisions that gave rise to enshittification. Episode two just dropped: "ctrl-ctrl-ctrl":
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The thesis of the show is straightforward: the internet wasn't killed by ideological failings like "greed," nor by economic concepts like "network effects," nor by some cyclic force of history that drives towards "re-intermediation."
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