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>you're not even noticing that you have your emotions and facebook doesn't.

Well, not yet anyway. But don't worry AC, Facebook is gonna get them.

Facebook’s Emotion Tech: Patents Show New Ways For Detecting And Responding To Users’ Feelings

Must be hard to draw those caricatures and burn those strawmen. It is much easier to criticize a stereotype than to understand the nuance of an opposing idea.

Maybe you're right. Democracy is a failed experiment. Why bother with federalism and democracy when no one is happy with it and we can't agree on anything? We need The Party to force agreement to solve our problems. Those problems can only be solved by government force such as global warming and AI.

Meanwhile in the real world

Traditional auto makers have already recognized they can't fill the gap organically and have made big inorganic bets to position themselves. GM is a great example with investments in Lyft and Cruise Automation just to name a few. Most of the other major automakers are also placing similar bets at at an accelerating pace.

Traditional auto makers have already recognized they can't fill the gap organically and have made big inorganic bets to position themselves. GM is a great example with investments in Lyft and Cruise Automation just to name a few. Most of the other major automakers are also placing similar bets at at an accelerating pace.

"Down rounds" happen, but they are not common.

You never heard of a downround kid? Look it up. They are fairly common nowadays, particularly with unicorns.

Well, which is it?

Wikipedia.

Hmm... dot com crash of 2000 again.

Looks like history repeating itself to me.

Business Insider, from 2013:

After a few years of massive hype in the startup sector, absurd-sounding valuations are starting to correct themselves. Startups are confronting the prospect of raising "down rounds" from investorsâ"or rounds of financing that value the companies at less than the previous round.

LivingSocial, for example, was once valued at $5.7 billion; it's now worth a quarter of that, or less, depending on whom you ask. ...

Many of the businesses started were consumer-facingâ"things like photo apps and social networks that require a lot of people to use them to survive. They weren't transactional businesses that make money when they sell something. And that was okayâ"a lot of investors encouraged entrepreneurs to build up their user bases before trying to generate revenue.

But when some of the biggest consumer Internet companies, like Groupon, Zynga, and Facebook, went public, their stock prices got slashed. Suddenly, these incredibly valuable companies weren't worth as much money as the tech world initially thought.

FuckedCompany is no more, but Wired informs me that CB Insights is where the action is at this time around.

More evidence of the coming shitstorm.