"The market will efficiently allocate resources where they're most needed!"

Meanwhile, the market: we're putting this "AI" thing that doesn't seem to work and everyone hates into everything you use including your mouse. We're sure this will make us rich somehow. Do you like this? [Yes / Ask me again later]

@eniko *drops a mine in principle for the "ask me again later"*
@eniko how much do you love it, with 1 being love it so much and 10 being omg love it so much

@eniko "Only the most capable and deserving will make it to the top in capitalism"

Meanwhile, in the real world we have CEOs fucking up and leaving with a cozy golden parachute, off to be hired by another company and fuck it up again

@brazmogu @eniko That's their definition of "capable and deserving". What, did you really think that rich people would pay any attention to a definition of "capable and deserving" promulgated by non-rich people?

@eniko Gotta love “survival of the fittest” being applied to the market.

Do these people not realize that the vast majority of species are extinct for a reason? If the options are survive or die, a lot of times the outcome is die!

@WhiteCatTamer @eniko Unregulated businesses work like organisms: You end up with a lot of predators and parasites.

@eniko

*viciously pummels the "ask me again later" button to death with a shoe*

@eniko One of the problems with economics is that the assumptions behind those grandiose statements (e.g. perfect knowledge) are seldom stated out clearly. And nobody ever checks if those assumptions are satisfied in the real world.
@j_bertolotti @eniko Nobody checks because it is *obvious* that they are not. Therefore they just assume they are valid so that the problem "goes away".