this post was submitted on 23 Jul 2023
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Technology

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Hi, we're a tech startup run by libertarian Silicon Valley tech bros.

We're not a newspaper, we're a content portal.
We're not a taxi service, we're a ride sharing app.
We're not a pay TV service, we're a streaming platform.
We're not a department store, we're an e-commerce marketplace.
We're not a financial services firm, we're crypto.
We're not a space agency, we're a group of visionaries who are totally going to Mars next year.
We're not a copywriting and graphic design agency, we're a large language model generative AI platform.

Oh sure, we compete against those established businesses. We basically provide the same goods and services.

But we're totally not those things. At least from a legal and PR standpoint.

And that means all the laws and regulations that have built up over the decades around those industries don't apply to us.

Things like consumer protections, privacy protections, minimum wage laws, local content requirements, safety regulations, environmental protections... They totally don't apply to us.

Even copyright laws — as long as we're talking about everyone else's intellectual property.

We're going to move fast and break things — and then externalise the costs of the things we break.

We've also raised several billion in VC funding, and we'll sell our products below cost — even give them away for free for a time — until we run our competition out of the market.

Once we have a near monopoly, we'll enshitify the hell out of our service and jack up prices.

You won't believe what you agreed to in our terms of service agreement.

We may also be secretly hoarding your personal information. We know who you are, we know where you work, we know where you live. But you can trust us.

By the time the regulators and the general public catch on to what we're doing, we will have well and truly moved on to our next grift.

By the way, don't forget to check out our latest innovation. It's the Uber of toothpaste!

#startup #business #tech #technology @technology

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[–] jrs100000@lemmy.world 5 points 1 year ago

It totally depends of the jurisdiction. In some parts of the world calling up a ride sharing app with get you a totally normal taxi at normal metered taxi rates. In other parts of the world its pretty much they do it and nobody can stop them. A private citizen can pick up anyone they want and the laws all assumed that a taxi would have to find passengers and handle money in person. By the time politicians get around to doing anything about it they've already taken over the market and voters would take it personally if they had to go back to regular cabs.