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by FridgeSeal 898 days ago
> Uber and AirBnB

The 2 darling startups that are now facing increasingly less rosy futures?

Airbnb in particular is facing enough backlash that I’d be surprised if it lasts terribly much longer.

Sure, they get away with it for a while, but not forever.

> We see in the news every day that once you have enough money laws don't apply to you

I agree with you here, but I think this is a much broader conversation about capitalism in general which would be getting a bit off-topic for this particular thread, except to say, capitalist forces aren’t above cauterising a limb if it becomes too annoying or intrudes on the other limbs too much. I think the “AI” limb might be overstating its own importance, and I suspect that if it got too up in everyone’s interests re-profit, it would, as an industry, very quickly find itself being neutered. Capital interests would love to get rid of pesky human labour, but if the alternative is too annoying, they’ll have no objections to going back to grinding people through the system again.

2 comments

AirBnB will get away with it forever. While short term rentals might get banned in a handful of cities, the service now operates worldwide. The stock might be overvalued but if you examine their financials it's simply not plausible to think that failure is imminent.
> The 2 darling startups that are now facing increasingly less rosy futures?

As of this moment uber is worth 120 billion and AirBnB is worth 80 billion.

Yes, they got away with it.