It’s to pull eyeballs for jobs at YC portfolio companies and to attempt to convince founders to apply to batches. It is their marketing and talent sourcing. It is, arguably, the most valuable contributor of forward looking potential returns (considering most VC investment decisions are statistics and gambling).
At least Slashdot's participation in modern late stage capitalism was restricted to like, selling banner ads to RedHat, and selling mugs and t-shirts. YC is a whole other ball game.
> modern late stage capitalism ... selling banner ads to RedHat, and selling mugs and t-shirts
If these are the supposed sins of modern late stage capitalism I say let's have more of it and less of the various types of socialism which the entitled always seem to be pushing as a replacement. I'd rather ignore annoying banner ads and refrain from buying merchandising than stand in a line in a street to a shop selling something, anything, no idea what but there's a shop which has something to sell so people stand in line like they used to do in the worker's and farmer's paradise which was to lead the world revolution to the glorious victory of socialism.
I'll even take the entitled brats kvetching about the sins of the economical order which allows them both the means as well as the free time and freedom to do so. They'd be standing in some line to a shop somewhere, no fruitPhone in their pockets and no way to use it even if they had without having the state come down on them for their sins against the glorious revolution if their purported ideal order were to come to pass because the revolution always eats its own.
BTW, I don't consider slavery to be a form of modern late stage capitalism, it is more related to the primitive origins from which the different *-isms arose. Slavery used to be the norm rather than the exception and in some places in the world it still thrives. It is in the much-maligned West where the strongest movements to abolish it were and are to be found.
Wondering is just a visceral reaction to the possible harms that come with all technologies. As with most gut feelings, it’ll soon be forgotten once that cool new shiny doohickey is announced, with a price point of $599.
duxup|1 year ago
toomuchtodo|1 year ago
roflyear|1 year ago
walrus01|1 year ago
the_third_wave|1 year ago
If these are the supposed sins of modern late stage capitalism I say let's have more of it and less of the various types of socialism which the entitled always seem to be pushing as a replacement. I'd rather ignore annoying banner ads and refrain from buying merchandising than stand in a line in a street to a shop selling something, anything, no idea what but there's a shop which has something to sell so people stand in line like they used to do in the worker's and farmer's paradise which was to lead the world revolution to the glorious victory of socialism.
I'll even take the entitled brats kvetching about the sins of the economical order which allows them both the means as well as the free time and freedom to do so. They'd be standing in some line to a shop somewhere, no fruitPhone in their pockets and no way to use it even if they had without having the state come down on them for their sins against the glorious revolution if their purported ideal order were to come to pass because the revolution always eats its own.
BTW, I don't consider slavery to be a form of modern late stage capitalism, it is more related to the primitive origins from which the different *-isms arose. Slavery used to be the norm rather than the exception and in some places in the world it still thrives. It is in the much-maligned West where the strongest movements to abolish it were and are to be found.
kordlessagain|1 year ago
g-b-r|1 year ago