I heard a theory recently that felt right to me: that Elon Musk's Boring Company isn't actually meant to produce usable mass transit. Instead, it's designed to outbid other public-transit proposals and then intentionally fail, so that trust in public transit proposals will be eroded and people will continue to buy and drive cars.

@noelle every silicon Valley (an area which is slowly expanding to cover the entire west coast) company (or, as they call themselves: startup) since Uber has followed Uber's model of lobbying, erosion of protections of their workers and their competition, deregulation and so on and so forth

Uber lobbied against the taxi industry and against worker protections
Airbnb lobbied against the hotel industry and consumer protections in the fucking apartment rent industry

Musk hates public transit, he has "admitted" so frequently in interviews, he doesn't see the point, and it grosses him out

but because he's still stuck in the wrong kindergarten, nobody told him "don't yuck my yum". and so he is very determined to destroy it, and replacing it with his overpriced cars

the people running these companies don't care about the collateral damage their companies do to the people, the only thing they care about is their own goals, and not too interfere too strongly with their friends' goals

@meena @noelle it doesn't work like that.

You could say that too from Edison, Ford, etc...

@pthenq1 @noelle enough has been said on these two (even tho i have my own thoughts and feelings)

but their kind of capitalism is over

this is a new kind of capitalism, to the point that people are saying it's no longer capitalism.

we can start from analogues, but it needs new analysis.

Techno-Feudalism Is Taking Over | by Yanis Varoufakis - Project Syndicate

Yanis Varoufakis argues that central-bank money and digital platforms, not profits and markets, are driving today's economy.

Project Syndicate