Reads post and your comment. Checks what community I am viewing.

Well, it was fun while the fediverse was not just a cesspit of US politics

Well, that turned political quickly.

Yeah…

After reading the title I thought of that person in seemingly every office’workplace who fucks shit up on purpose so it gets assigned to someone else.

Cool.

Let the short selling begin.

Give them advice about how to do it to someone else.

The vast majority of people (i include myself in this) will fuck it up in some way and end up harming themselves. If you seek to destroy someone’s life and you don’t actually end it, you leave behind someone who has nothing left to lose and is highly motivated to find who is responsible.

If you destroy someone’s life they may end yours.

Did you read the comment you replied to or did you just spit out this pre-packaed reply that addresses nothing the original comment raised?

Simply put.

We wouldn’t notice anything.

Our perception of the world would be based only on the compute cycles and not on any external time-frame.

The machine could run at a Million Billion hertz or at one clock-cycle per century and your perception of time inside the machine would be the same.

Same with low ram, we would have no indication if we were constantly being paged out to a hard drive and written back to ram as required.

Greg Egan gave a great explanation of this in the opening chapter of his Novel Permutation City

and might even get better

I honestly doubt it. I don’t think it is possible for reddit to be profitable in anything like its current form.

Twitter, before the EM implosion, had managed one profitable year in the last decade.

Reddit has about 2 orders of magnitude less users than twitter.

Those users are much less attractive to advertisers because reddit knows fuck all about them compared to twitter.

Reddit surfed through the years of cheap vc money but going public could kill it.

Sort of, although Pom is at least a century older as Seppo was coined during world war 2. It comes from the rhyming slang Yank to Septic Tank to Seppo.

It came from the swagger of the US service men in Aus during the war and the implication that many of them are full of shit.

Don’t worry Captain, it is logical. The needs of the many outweigh

The needs of the few

…or the one.

Are we still doing phrasing?

Depends, I went from BBSes to slashdot to koro5hin to reddit to kbin and do not feel old.

To me old-age begins when you feel you are past the time when you can learn/experience something new and/or new tech no longer feels exciting/interesting but scary.

I have met people in their 80s who have a younger outlook on life than some people in their 40s.

I think it will continue to limp along in its zombie state.

Well, Digg still exists…

all they have to do is hold the lie together long enough to sell.

That last phrase is really doing a lot of heavy lifting. When you own a large chuck of stock in a post IPO company, trying to cash out large ownership stakes has the effect of crashing the price.

My expectation is that what ever the IPO price is, one year from then (the usual minimum time to be able to sell a stake like spez will have) it will be lucky to be 5% of the launch price.

After all, the 24 hour news cycle lives on scandals.

And because it is a 24 hour cycle, the scandal will be forgotten and replaced with a new one in the same amount of time.

Well, if it brings you joy, fill your boots.

From the horse or the person swinging the stick?

(When people let their anger get the best of them they often, regrettably, start to resemble the focus of their anger.)

Take The Money and Run?

I was thinking more along the lines of: The Gambler

You got to know when to hold 'em, know when to fold 'em

Know when to walk away and know when to run

Except they should have walked away about 4 years ago…when their chip stack was a much larger pile. Now they are trying to run with what they have left.

Honestly, why bother?

Management has been wanting to cash out for a decade.

The IPO will go ahead, the reddit of the days of yore is dead. It will not improve.

The horse is dead, beating it will just make you hot, sweaty and your arm sore.

No matter what you feel about the place it was never going to go any other way.

it’s hardly justice.

To quote that great late 20th century philosopher, Terry Pratchett:

There is no justice in the world, there is Just Us. (and many of us are not nice people.)

Yes, he will cash out but I feel it will only be a fraction of what he hoped to get.

He will be comfortably rich but to someone who expected to be obscenely rich, he will see it as a failure.