It’s sad how social media is considered so valuable but when you look at the overall contributions to society have been so largely negative. Massive technical breakthroughs used to provide people with new means of transportation, clean water, power, health improvements etc.
Now you have the biggest companies in the world competing to create a superior attention drain app or algorithm. pretty pathetic tbh but also reflective of what we value in society.
People like Zuck shouldn’t be looked at like modern day geniuses or revered IMO, they’re basically modern day circus leaders who have figured out how to effectively become parasites to society and leech off everything they can, another example of short term thinking.
Unfortunately this is a symptom of a bigger issue, which is a major decline in shared morals and values, we are on a major decline in morality in this country and it’s extremely sad. I think about this often and it I just find it really terrible.
Younger people especially idolize the worst kind of people, and we have this interesting thing happening now where people who provide genuinely zero (if not negative) value to society are making millions of dollars, and other young people see that, and view similar paths as an easy way out.
100% Agree with this. Add this as the no.1 item on the list of reason of what’s wrong with the newer generation of workforce that is either entering the job market right now or in the next decade. A while back, I read an article on how algorithms for Instagram and TikTok work in China / Russia compared to the US and was pretty amazed on how they can control educational and tech videos to be circulated among the users. Pick up any high school kids social media app here and I bet you 95% would have insta models shaking their assets. It’s crazy how how our youth can be so easily brainwashed by a simple algorithm. If this isn’t modern warfare, then i dont know what is.
It just boils down to the fact that some will do whatever to get paid. I get it that not everyone wants to go to college or a trade school in order to get a job and become successful. However, thinking that you can become an internet entrepeneur and make millions overnight is another one of those ponzi schemes.
I do not want to derail this thread, but there are a lot of fake millionaires on social media like this 20-year old kid who stole $230M in cryptocurrenty to fund his lavish lifestyle.
What I don’t get about folks following the influencers is how people don’t assume it’s fake. Sure there are a few that make millions but obviously most are not. Just like there are a ton of people who are insanely talented at the guitar but only one John Mayer or how good at basketball a d2 basketball player is but still so far from a big nba deal.
Being an influencer or only fans chick is probably largely the same way where things are very clustered with a few winners and mostly folks not really crushing it. Doesn’t seem like a great career plan to me
It’s a combination of (1) them wanting to believe it’s real and that they, too, can achieve the same level of perceived success, and (2) a lack of people spending even 30 seconds fact checking things they see on the Internet. Social media consumption is heavily driven by what you ultimately want to see.
I mean that’s what I was getting at - that’s its not about being lazy but a deeper societal problem. However, what you are saying makes sense to me in the sense of it being broader than just about younger generations - which I agree with.
Mortgage rates climb to highest level in two months as Trump’s tariffs continue to rock markets:
The average rate on a standard, 30-year fixed mortgage was 6.83% in the week ending April 17, up from 6.62% a week ago, mortgage financing provider Freddie Mac said Thursday.
My last two offices have been converted to housing in Northern Virginia. In expensive areas, what I have been told is that viability usually depends on the amount and quality of the parking structure. In places where parking is expensive and usually not included in apartment rents, having a large underground parking garage, in good condition, can completely flip the finances of a project. Building that parking is very expensive and time consuming. If all you have to do is interior work, the math gets much easier both because there is just so much less required and the building process will take a fraction of the time.
If the parking situation isn’t viable - knock it down and start again.
Very interesting data here. The single most important economic subject. The near future is going to be very different. I think this is the real reason behind current trade wars. Positioning into the transition of an AI based economy.
It just boils down to the fact that some will do whatever to get paid. I get it that not everyone wants to go to college or a trade school in order to get a job and become successful. However, thinking that you can become an internet entrepeneur and make millions overnight is another one of those ponzi schemes.
