Idiocracy was waaaaay too optimistic about the future.
Idiocracy was waaaaay too optimistic about the future.
I wondered that a while ago when Tesla was worth more than many other car makers combined while producing far less vehicles than any single one of them. And I remember people telling me about projections and expectations and that it’s only a matter of time until everyone drives a Tesla basically. Sounded like mass hysteria to me back then because the rest of the world won’t just sit there quietly and let Tesla have a monopoly. People bought shares because they rose rapidly in value, causing even more people to buy shares. It’s a pyramid scheme like so many things these days and people have no problem with it apparently. They love gambling and playing lottery. Value investing is too boring for them.
I mean it’s pretty obvious, isn’t it? Anything regarding Chinese politics or recent history is a big no-no. Like it will tell you who the president of the US is but will refuse to tell you about the head of state in China. I’m assuming same goes for anything Taiwan or South Chinese sea. The self censorship is rather broad.
Thank goodness there’s no incentive to monetize persuasion. If we lived in a world where corporations or governments tried to constantly persuade us we would be in quite the predicament.