Technology

59086 readers

3268 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

200

Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company (www.cnbc.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

17 comments fedilink hide all child comments

Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company::The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chips sales

you are viewing a single comment's thread
view the rest of the comments

[–] WhatAmLemmy@lemmy.world 24 points 8 months ago (2 children)

The profit-motive of capitalism (monetization and surveillance capitalism) are what's destroyed the web. It went from an "information superhighway" lead by techies, scientists, and individuals sharing knowledge to a corporate lead value extraction machine.

Obviously servers cost money, and there are many valuable services, but the infinite growth model guarantees enshittification and paying customers getting assimilated by the borg eventually (cable and now streaming ads, despite profitability).

[–] Badeendje@lemmy.world 6 points 8 months ago

The factory must grow!

[–] captainlezbian@lemmy.world 6 points 8 months ago

But also the techies wound up with a serious faction who started asking why they aren’t allowed to be kings