By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 06/06/2026Now, it shouldn't fall to me, a card-carrying member of the Democratic Socialists of America, to point out that capitalist enterprises require profits to be sustainable. You can't keep a business afloat by selling $100 bills for $5, nor for $20. 17/ 31042
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 06/06/2026You can't even make a profit selling $100 bills for $100 apiece! For a company to succeed, it needs to take in more than it expends. AI is a money-furnace, and AI hustlers are clearly on the hunt for a way to force all of us to feed every dime we've got to it. 18/ 1968
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 06/06/2026Musk's (now scuttled) gambit to make every pension saver bail out Grok (and Twitter, but at $44b, the losses from Twitter are dwarfed by the titanic Grok losses) was the most ambitious and shameless population-scale bag-holder scheme, but it's not the only one: www.reuters.com/business/fin... 19/reuters.comSpaceX blocked from early US benchmark index entry as S&P reaffirms existing rulesS&P Global said it was not changing requirements for entry into the S&P 500 index. 110021