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These CFOs dumped all their money into one bank despite not being insured, so they could get paid a higher rate of interest, and that risky behavior led directly to the failure of Silicon Valley Bank. Effectively forcing large depositors to diversify is one of the protective functions of the FDIC. Making these depositors whole will destroy that function, strongly incentivizing businesses to make riskier banking decisions from now on.

We can't forgive student loans because students knew full well what they were getting into but yes, let's bail out banks because golly shucks gee whiz banking is just too difficult for the poor little bankers to wrap their heads around.

I can't even describe how obnoxiously predictable it has become that our federal government will not even bat an eyelid at bailing out a bunch of wealthy tech speculators for billions of ill-managed dollars while they leave the rest of us all to fucking languish in crushing student debt, constant enviromental degradation, and embarrassing, deadly private healthcare. There's no need for pretenses at this point. Just, "Fuck you."

In other words, now is a fantastic time to "delete" (I get the feeling that still means something, when Twitter is clearly doing all they can to cut down on storage) all your stuff on Twitter they currently have license to mostly do with what they wish.

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I fully expect that, if Twitter actually goes down hard with the sort of insurmountable technical problems outgoing engineers have described, they'll dust off their hands, perhaps roll out a cheaper new system, and sell the entire archive directly into the unaccountable data ocean, or turn it into part of an AI product, or an effectively re-identifying aggregator

@Gargron

EMBRACE!!!!!! <----- You are here
EXTEND!!!!!
EXTINGUISH!!!!

@Gargron I'm confident you're familiar with the historical threat that would present, and hopefully you share the analysis that corporate actors will invest in the most adverse possible interpretation of and engagement with what we've created here. We can only expect them to extract as much and return as little benefit as possible, in force and at scale. Full preparation for its corrosion is impossible.

If Meta is really working on a new ActivityPub-powered social network, I see it as a very positive signal overall--my personal feelings towards Meta notwithstanding. For one, it's validation for our entire ecosystem from the biggest player. It also tells me that they don't see themselves as strong enough to keep users locked inside their walled garden anymore. It means the tide is really turning for interoperable social media, and that's always been the goal.

I have so much to write and speak about, and work on, but so little time or energy to spend on it, I feel like I'm going to explode. Every day

Just a few more weeks and things will be different, very different

Direct action is the insistence, when faced with structures of unjust authority, on acting as if one is already free.
-- David Graeber

#anarchism #quote #bot

Found a method to see inside some chips, without having to unmount or destroy the chips.

Best part - the method only relies on lightly modded off-the-shelf cameras and lenses.

Read more at bunniestudios.com/blog/?p=6712

Every once in awhile I come across a computer so filthy that I realize I should have turned on the camera before the air compressor, and also that I need a shower now.

Sorry to deny you all "centimeter-thick sheets of dust peeling off the backs of ISA cards and exploding in slow motion 720fps ASMR"

New: A Ring doorbell owner in December received a subpoena for an investigation on his next door neighbor.

Ring fully complied with police requests, including for footage inside his home that wasn't related to the investigation at all.

politico.com/news/2023/03/07/p

We've been hit by a massive DDoS attack. The site may not work as expected. We're working on mitigating the attack. Fastly are helping us. If in doubt, check status.mastodon.social for information.

At this rate Twitter isn't even making three nines this year

Apparently this is happening to a lot of people! Tried three different connections with or without logins, no luck. sickos_yes.png

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Hellsite

The hell site