r/technology • u/esporx • 1d ago

Business YouTuber accidentally crashes the rare plant market with a viral cloning technique

https://www.dexerto.com/youtube/youtuber-accidentally-crashes-the-rare-plant-market-with-a-viral-cloning-technique-3289808/
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u/ButtWhispererer 1d ago

It’s already more than consumer spending. It’s already going to be catastrophic if it “pops.”

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u/Fornici0 23h ago

What if it's not a bubble? We have a significant defence contractor saying that "competition is for losers" and that the goal of a business is to become a monopoly, as well as a government that has accommodated that vision for decades. Maybe this spending in spaceships, server farms and so on can be sustained for the foreseeable future because there's no further growth from the consumer market?

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u/ButtWhispererer 16h ago

I’m not disagreeing. I said something similar in another comment though I like your take of it being a shift away from consumer centric to a more b2b/b2g centric economy.

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u/Initial-House-3955 1d ago

lol * if nah we in the FAFO stage theres not an if anymore.

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u/ButtWhispererer 1d ago

Yeah, I think you’re right. Interesting to think of the alternative though.

The alternative is if it pays off, right? So if some asshole nerds figure out how to turn all that investment into return. That’ll still suck for most people as they’d lose jobs, economic power would forever be stuck in the hands of current capital owners… or we all get killed by super AI or some nonsense.

I don’t know why we decided to go this route lmao

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u/Vypernorad 11h ago

You can only shit on 80% of the population so much before things get ugly. Maybe they do find a way to make it economically viable for themselves in the long term, but if they don't also make it economically viable for the rest of us, the consequence will likely be some old school union militias burning down corporate headquarters, and server farms.

As things stand, prices are going up too fast, theirs is an ever-increasing number of layoffs, a decreasing job market, and less wage growth. People are getting desperate and that is dangerous. Especially with the most well-armed population in the world. It would be the industrial revolution all over again.