Everyone sucks at something. In a baseball sense, that’s why “five tool” players are paid so well. They can not only hit for average, but they can also hit for power, run the bases with great speed, they can field with great skill, and throw long distances accurately. The five tool players are rare, […]
Mark Zuckerberg Articulates the Brilliant AI Future Ahead Read More »
“Productive labor may render a nation poorer, if the wealth it produces – that is, the increase it makes in the stock of useful or agreeable things – be of a kind not immediately wanted.” – John Stuart Mill, Principles of Political Economy, p. 76 Try to start a business by promising to create lots of
Meta’s “AI Layoffs” Are a Bullish Sign of More Meta Hiring Read More »
Ronald Reagan’s father lost his job on Christmas Eve. It’s a reminder of how different things used to be. Since life was so much more uncertain over 100 years ago for the average American, it’s no surprise that life was equally, if not more uncertain for those who employed the average American. Is it
The Bigger, Paradoxically Compassionate Meaning In Meta’s Layoffs Read More »
Call it a win for common sense, but Meta recently emerged victorious in its antitrust case against the Federal Trade Commission. The U.S. District Court affirmed what the reasonable already knew: Meta does not have a monopoly on social media and is in a constant battle to stay relevant amid competition from ever-changing directions.
Meta’s Antitrust Victory Brightens Social Media’s Future Read More »
With Amazon, it was never about the books. No doubt Amazon began as an online bookseller, but what made its stock attractive through years of losses is what books represented. If Amazon could modernize buying habits with an online bookstore, it could eventually be what it became: an everything store. Markets are a look
The Data Center Proliferation Must Be About Much More Than Data Read More »
Meta used to be Facebook. Why state the obvious? The answer is that what’s obvious very much calls into question the FTC’s antitrust case against Meta, the corporation formerly known as Facebook. Ok, but why the name change? Kodak is still Kodak, U.S. Steel is still U.S. Steel, and in a sense RCA is
Facebook Is Powerful Evidence That Meta Is Not a Monopoly Read More »
In 1998, fast-food giant McDonald’s invested in a small Colorado burrito chain with just sixteen restaurants: Chipotle. Under McDonald’s leadership over the next seven years — and with an investment of $340 million — Chipotle expanded from its humble Colorado beginnings to over 500 restaurants nationwide. McDonald’s later sold its investment as Chipotle became
McDonald’s and Chipotle Mock the FTC’s Attacks On Meta and Instagram Read More »
When Facebook purchased Instagram for $1 billion in 2012, the deal wasn’t seen as obvious or a slam dunk… for Facebook. Which is a statement of the obvious, one abundantly proven by modern estimates that place Instagram’s standalone value at something north of $100 billion. Which brings us to another statement of the obvious,
A Weak Market for ‘Unicorns’ Muscularly Supports Meta Over the FTC Read More »
The EU is presently trying to limit a prominent source of income for Meta. The biggest victims will be European businesses. The EU wants to force Meta to provide Facebook and Instagram to users for free, even if they choose to navigate both without ads. Translated, the EU’s actions amount to a price control.
European Businesses Will Be Hurt the Most By the EU’s Attacks on Meta Read More »
With its antitrust lawsuit against Meta, the FTC’s goal is to force the sale of WhatsApp and Instagram, Meta’s up-to-now most successful acquisitions. Wise minds inside the Trump administration will hopefully choose to drop a suit first introduced during by a Biden administration reflexively disdainful of big. While the economic boom of the 1980s
With Its Antitrust Suit Against Meta, the FTC Brings Back the 1970s Read More »
