That’s a terrible sign.
Capitalists pretend to be your friend, but they’ll sell you out to the fascists everytime.
I wouldn’t necessarily position them as capitalist. They are capitalists of course, but the term oligarch seems more appropriate, at least from a non-US perspective.
Nvidia is not oligarchs…
Labeling them as such makes it seem like this is only an issue at the very top, but it’s rampant.
Curious why you think Nvidia’s leader, Jensen Huang, would not be considered an oligarch?
He clearly wants to leverage corruption to promote self-enrichment. It’s framed in different terms and I recognize many in the US would disagree, but that’s why I got out of his statements.
Curious, why you think Nvidia’s leader, Jensen Huang, would not be considered an oligarch?
Why do you think any high level executive for a publicly traded company wouldnt side with a fascist for profits when they are obligated to the board to maximize profits over everything else?
My issue is the word oligarchs conjures the image of a tiny pet cent of people secluded from society. It’s them. And millions of others.
I see. I would also label such high level executives oligarchs. I guess it’s a matter interpretation of the term.
Fox blasts farmers new henhouse restrictions as ‘misguided’ - predator praises old, laid back attitude to security
Ewww Nvidia, way to shit yourself
Nvidia has fired back at the US government in a statement of its own, claiming that “global progress is now in jeopardy.”
“In its last days in office, the Biden Administration seeks to undermine America’s leadership with a 200+ page regulatory morass, drafted in secret and without proper legislative review,” the company’s press release reads. “[B]y attempting to rig market outcomes and stifle competition — the lifeblood of innovation — the Biden Administration’s new rule threatens to squander America’s hard-won technological advantage.”
I am not from the US, are sanctions/duties part of the legislative review process? I remember have to work with import duties around hardware appliances during Trump’s 1st term. I don’t remember this being part of a legislative package, but I could be wrong. Honestly the source was the least of concerns, impact analysis on the other hand…
