Freedom is the right to tell people what they do not want to hear.

  • George Orwell
  • 1 Post
  • 15 Comments
Joined 3 months ago
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Cake day: July 17th, 2025

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  • It’s worth remembering that every major technological shift has gone through a speculative boom that looked like a scam in the moment. The dot-com bubble didn’t mean the internet was a fraud - it just meant people overestimated how quickly its impact would pay off. The same was true for the housing market after the subprime crash: people still need places to live. What’s happening with AI now feels similar. There’s definitely hype and inflated valuations, but that doesn’t mean the underlying technology will vanish once the bubble bursts. The noise will fade, and what’s genuinely useful will become infrastructure - quietly integrated into everyday life, just like the internet did.




  • Basically, the only way to truly “lose it all” in a market crash is if you’re all-in on a company that goes under - or if you actually own that company. Most investors don’t really lose anything. Their portfolio value drops for a while, but if they can wait it out, it usually recovers within a year or so.

    When you hear about people losing their savings in a market crash, it’s usually because they panic-sold at a loss. Even then, they don’t lose everything - just a portion. People like me, who invest for the long term and mostly in highly diversified index funds, are more or less unaffected. We’re not planning to sell for decades anyway. If anything, we’ll just buy more for a discount.

    Not that I’m rich or anything but the point is that rich people generally aren’t stupid when it comes to finances - otherwise they wouldn’t be rich. It’s the people who don’t know better who take the hit.


  • Lemmy is a perfect example of the often unspoken side of propaganda: when you’re surrounded by people who all seem to share the same opinion, you’re far less likely to speak up if you disagree. In extreme cases, this leads to situations where the majority actually disagrees but stays silent, falsely assuming they’re in the minority. That’s how a vocal minority ends up controlling the silent majority - and it’s exactly why authoritarian governments try to silence the media. This is why freedom of speech and a free press are so important, and why silencing dissenting voices, even with good intentions, ends up mimicking the tactics of authoritarian regimes.