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I would actually argue that the only word I disagree with here is "uncontrolled" because it was very tightly controlled for a long time, which allowed the relative stability that let America be a big bully on the world stage, force the dollar as the world's reserve currency, and lead trading partners to believe we were bullies but mostly trustworthy and would follow through on international deals we made.
Now we are truly entering the "uncontrolled" territory, and that's why faith from other countries in the US being a reliable partner is faltering.
Yeah, the previous state of flawed democracy was perfect for business and maintaining the status quo. Now they went even further into autocracy and now they're basically at the mercy of Trump's whims. It's throwing long term planning out the window and the new game is just sucking up to Trump and finding novel ways to bribe him.
Musk basically spent a quarter billion dollars to lose a 100 billion dollars more on top of that.
It reminds me of something only semi-related.
https://web.archive.org/web/20200727091104/https://www.nytimes.com/2009/12/04/business/media/04hulu.html
Like Disney-ABC in 2009, these fucking dinosaurs of companies plan to just use institutional dominance and money to force themselves into the position they want to be in. I suspect it will work about as well as Sweeney's efforts to nail a TV to her daughters wall. (You want to use screws for that anyway, you fucking dipshit, Sweeney) Sweeney was so confident in this approach that she related this story and what she said at a press event. This is how fucking stupid these people are, they're willing to relate a story like that as though it shows strength and not shortsightedness and ignorance.
In other words, I don't expect it to work out very well at all.
I mean, Disney still managed to leverage their market position to go from nowhere to bring the top streaming service, just on the back of their intellectual property portfolio (which is a government granted monopoly, obviously, because for all their talk of free markets, they don't actually want a free market).
Still, none of those people seem to think things through or even think long term.
Exactly, this was a full two years after Netflix had already started their online streaming service no less. Disney+ didn't launch until 2019, twelve years later. They could have had that institutional dominance at nearly any point but spend a solid decade pissing it away before they finally made use of that intellectual property portfolio.