• 8 Posts
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Joined 1 year ago
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Cake day: August 4th, 2023

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  • But the company doesn’t have the money. Stock value means investor valuation, not company funds.

    Once a company goes public for the very first time, it’s getting money into its account, but from then on forward, that’s just investors speculating and hoping on a nice return when they sell again.

    Of course there should be some correlation between the company’s profitability and the stock price, so ideally they do have quite some money, but in an investment craze like this, the correlation is far from 1:1. So whether they can still afford to build the data centers remains to be seen.














  • Not at all. It would maintain functionality at the current status quo, and browsers would still receive updates and keep current with server based technology. If anything required additional components to use new technologies or display novel applications, that would be a hardware based change that won’t be fixed through a system update regardless.

    You can still browse the web just fine on a phone from 2010 running Android 2.3 - many applications are now unsupported, but if Google (or Apple, for that matter) were to stop updating the OS, then application developers would stay at the current technology level that make hardware upgrades unnecessary.

    Some apps that require google services (I’m sure there’s an equivalent for iOS) might no longer work, but most run just fine regardless.

    If security is what you’re getting at, at least for Android, there are excellent third party solutions that keep attackers out even on an end of life device (shoutout to Hypatia).



  • Yep, and precisely why I refuse to buy anything that requires an internet connection to work. I’m even wary of services that lock me in for longer than maybe 6 months. The only annual subscription I have is for my VPN.

    An actual device/machine that I plan to use for years? Hell no. Offline only is a must have.




  • Let’s see how much longer, their economy is slowing down significantly, with a lot of international companies withdrawing their manufacturing sites partially or altogether. Even more drastic for IT and other R&D entities that can basically shut down and relocate without moving tons of physical assets around.

    Just yesterday IBM shut down their Chinese operations entirely, with more than 30,000 employees across the country effectively out of jobs over night. They announced to move it all to India.

    Many manufacturers that target the US are moving to Mexico thanks to the reduced tariffs and customs and shorter supply routes, EU manufacturers are going to Romania and Bulgaria for the same reasons now that they’ve joined the EU (a while ago, but relocating factories takes years).

    Manufacturers of cheaper goods and components are increasingly moving to the Philippines, Vietnam and Thailand, where labour costs are a fraction of what China is now - they grew too fast too quick.

    I’ve just left China for Malaysia myself (also in the manufacturing business), and many of my associates have done as well or are planning to do so in the next 6-24 months.

    China played “too big to fail” and is now learning a harsh lesson, on top of their failed real estate industry that wiped out a third of the GDP, with banks yet to follow. The big awakening will come soon, and I bet people won’t overlook their international transgressions any longer.