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Cogito ergo mecagoendios

@aral capitalism: by seeking increasing profit, free markets converge to satisfy the needs of the people efficiently

everyone who has ever programmed a gradient descent: no it fucking doesn't

6 April at 10:52 | Wall-to-wall | Open on mastodon.gal
6 comments
Corpomancer

@elrohir Silly me, completely misspelled "needs" somehow.

6 April at 13:32 | Open on mastodon.social
Matthew Daly

@elrohir @aral Speaking as someone in a country where privatisation of the water has led to the water companies investing absolutely nothing in fixing the infrastructure, pumping sewage into rivers on such a scale that cocaine can be detected in the water, taking loans to finance dividends to shareholders and wanting to raise prices by 40% for that, I find those sorts of claims about the free market being more efficient utterly ridiculous

6 April at 14:09 | Open on mstdn.social
Glenjamin

@matthewbdaly @aral @elrohir it’s way more efficient at the thing it’s trying to do.

Regrettably that isn’t delivering safe water and sewage services to residents - it’s extracting profit

6 April at 14:53 | Open on hachyderm.io
ScoldyFingerWagger
Chris Ford

@matthewbdaly @elrohir @aral
Personally, I'd replace 'utterly ridiculous' with 'a lie', or 'a complete lie'.

7 April at 1:48 | Open on mastodon.social
timorl

@elrohir @aral social democrats: Yeah, you are right, we should tweak capitalism to make it actually do what it’s supposed to.

anyone who has ever fine-tuned a model: :blobfoxnotlikethis:

6 April at 16:24 | Open on social.wuatek.is
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