alt Hacker NewsSo, silicon valley decides to use their playbook of expand at all costs by burning money to acquire the market (like a carcinoma), and it is the users fault ?
Should we be blamed about uber destroying the taxi business, or airbnb the hotel one? Oh sorry, "disrupting".
Uber was dirt cheap, now it is the same price as taxis, and the people working for it (the "partners", not employees) have no social benefits.
Airbnb was cheap and humane, now it is THE cause for housing crises and massive residential property "investment".
The playbook of silicon valley is destructive, not disruptive.
It is by design aimed towards wealth accumulation. The ones with most money can capture the market, and make even more. It really is late stage capitalism.
And the more wealth inequality there is, the more pain, poverty and instability will be as well. AI will only exacerbate this.
Uber and Airbnb are not autonomous robots.
If people wouldn't use their services, nothing would happen. They would just go bankrupt.
So yeah, I'd say it's entirely people's fault. Because people just wanted to use their services without thinking what they're causing.
Customers who think only about themselves and noone else.