Bluescluestoothpaste comments on How is it LLM companies hoarding all the RAM and fabs complying, fucking up entire industries for years legal?

[–] Bluescluestoothpaste@sh.itjust.works 7 points 7 months ago (8 children)

Nothing free about us markets lol

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[–] PolandIsAStateOfMind@lemmy.ml 8 points 7 months ago (7 children)

Lack of regulations resulting in a rampant speculation like the above is by definition one of the core tenets of free market. That free market just don't work for people like me or you.

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[–] Signtist@bookwyr.me 10 points 7 months ago (1 child)

People think "free" means "I can do whatever I want," but really it usually means "people with more power than me can do whatever they want to me."

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[–] PolandIsAStateOfMind@lemmy.ml 4 points 7 months ago*

It's both, it's a nice illustration of how free is a free market. You could for example speculate on RAM trade or anything else, but the dude with billions of dollars can literally control entire trade.

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[–] Bluescluestoothpaste@sh.itjust.works -1 points 7 months ago (4 children)

No, there's plenty of regulation, it's corrupt regulation and that's not free market.

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[–] PolandIsAStateOfMind@lemmy.ml 5 points 7 months ago* (3 children)

In this case it's precisely lack of regulation. There's no law forbidding doing this. Now imagine how shit it was with essentials (Irish famine for example).

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