This is ridiculously oversimplified, because there is no real market in housing. It is illegal to build in all of the places people want to buy. The purchase of housing by hedge funds isn't a problem on its own, it's simply a symptom of the bigger problem of supply restrictions.
The funds themselves say in their financials that they view housing as profitable because of the various restrictions on supply in every desirable city. They explicitly say that if those restrictions were lifted they would not be able to make money in that business and they would exit.
He's on the AI beat, if he is unaware that a chatbot will fabricate quotes and didn't verify them that is a level of reckless incompetence that warrants firing
The state of California can classify some driving under the influence cases as operating with "implied malice". Not sure it would qualify in this scenario, but there is precedent for arguing that reckless incompetence is malicious when it is done without regard for the consequences.
Some companies have enough of a track record that they should be nuked from orbit, and "Company bad" is all that is worth saying. Meta is one of those companies. Palantir is another. Not holding them accountable and acting as if we should continue engaging with their products is part of the reason we are rapidly sliding towards dystopia
I'm confused, wouldn't this be just using the power of the government to enforce short-sighted, tech-hostile regulations like "datacenters should not poison people"?
So he was willing to make a business deal with the country that executes gay people, as long as HE wasn't in danger? Legitimizing their regime is perfectly OK if it doesn't affect him? The fact that he was negotiating with them makes that incident look even worse for him, not Gawker
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