I’m sure that lots of managers are having lots of meetings to discuss what happened, and that’s probably the hardest hit they had: noise.
The revenues will be slightly impacted but they will hardly notice it on quarterly reports.
Does that impact the company value? I don’t think so.
Calculate the 0.6% of your wage: that’s what $300M is for them.
No idea, but of Disney+, Hulu and ESPN, only Disney+ is available in the EU and it gets only a small fraction of the market.
Yes, but I looked up Disney+, Hulu and ESPN combined.
The total allegedly includes subscriptions to Disney+, Hulu and ESPN. That falloff reportedly marked a 436 percent increase over the usual churn rate for the service.
So 317.000 users would have cancelled anyway and the actual protest was 1.3 million. If my googling is right, in total there are ~207 million subscribers.
Summarizing, they lost the 0,6%. Much more that what I expected, but hardly noticeable. I’d love to know how many already subscribed back.
Because not everyone works on free software (read their FAQ)
them failing is for the best
The issue with that is that half of the jobs are in those companies. To that half, you need to add all the small business in the supply chains, and don’t forget the pension funds and personal savings invested in their stocks and bonds.
It doesn’t make much sense what you wish for.
Besides that, sorry, but they won’t fail. Regulations are much more likely to happen.
You think the global economy is going to collapse because Disney collapses?
No, I don’t, but Disney could easily be a 5% of a pension fund, and its price fluctuation can have a significant impact on common people.
They make a lot of money as a corporation but that’s not important because they don’t pay any taxes.
That’s actually ad advantage for investors such as your pension fund.
Of course, but it’s a more realistic goal than shouting “let’s burn the megacorps” and it can be achieved through regulations.
“You guys” who?
I don’t want megacorps to fail. I want them to be ethical.
It’s not about caring but about effectiveness. Even if I’m one of those suckers that “vote with his wallet”, I know that it’s naive to think that cancelling a subscription will move the needle for corporations like Disney.
Consider also the collateral damages of a hypothetical successful anti-Disney campaign: layoffs, drop in the stock market with impacts on pension funds, projects cancelled with third parties (so more layoffs and drops in the stock market), …
The right protest here (IMHO) is against Trump, MAGA, and especially who voted for them. That may be more effective and with less collateral damages than trying to bankrupt Disney by cancelling Disney+ from the couch.
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with art the living standard is already effectively “maxed out”
Quite frankly, it’s not. Now “video on demand” means that you can sit on your couch and start the movie when you want. Tomorrow it may mean that you will also decide the content. Another sequel of Star Wars? Sure! A new season of Game of Thrones? No problem!
Moreover, AI is being used to create products and also in scientific research. It’s already improving our standards.
Yes but it should disappear back into the direction of many smaller websites and more privacy, not in the direction of all of that texture being totally consumed by LLM generated search results and everyone further congregating on a smaller number of sites that collect every iota of data possible.
My guess? AI will kill the cheap stuff, but internet will not change much overall and surely not rapidly.
maybe it’s cause the models are beginning to consume their own slop.
That’s going to be a huge issue indeed because synthetic data contains bias and it’s proven that produced biased models.
Although you’re not wrong, you should consider that what’s normal for you today fucked somebody’s job yesterday.
Small time artists are fucked
Textile workers have been fucked by machines, same for anyone working with horses was fucked by cars, and mass production fucked more of less any job that existed before… or not? Those jobs still exist today, they are just less prevalent and often a well paid niche.
Internet search is fucked.
The internet we know today with SEO and ads-driven businesses had been around for 20-30 years max and it is now a dumpster on fire with all the user tracking that has been put in place. We won’t miss it should it disappear.
It is unimaginative
Can you make an example of something 100% original that was not inspired by anything that came before?
The short answer is copyright theft, energy consumption, and job displacement. While all those issues are 100% correct, there is also a huge unspoken factor of “you must be against it otherwise you are a brainwashed idiot” because, let’s be honest, the hive mind is real.
Most of the modern no-AI luddites fail to understand that AI has been around for decades in various forms and this is just the last, most visible incarnation. It is here to stay, and it will grow as well. At this rate of adoption, in a few years it will be as normal as having a mobile phone (they weren’t around only 20 years ago).
My humble prediction is that all the concerns around AI will be addressed with time by better hardware, better cooling mechanism, better energy production, different jobs that will leverage AI instead of competing with it, and surely also the copyright will find a new balance (just like MP3, Napster, and Spotify did not kill the music industry).
By the way, AI doesn’t spy on you. An AI model is immutable once it’s trained. The software using the model is spying on you, but that’s true for any scumbag-driven software you use. It is essentially the same typing your secrets in Google Docs or in ChatGPT.
.ml and shit talking communism.
Actually the worst appears to be hexbear that I blocked entirely.
Quite frankly I don’t care much. I actually enjoy being exposed to different views, and I can ignore extremism quite easily.
True, but if you stop working your income drops to 0, while if Disney stops working, it still owns billions in assets.