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ares623 2 days ago

I dunno, I feel it's just democratizing insider trading. And as everyone knows, if it has "democratizing" in it, that means it's automatically good.

Terr_ 2 days ago | parent | next [-]

In a way, it's even worse. (Yes, I know the post is sardonic, I mean it's even worse than that.)

Many of these things are not really democratized either, they're centralized systems with a "we empower you" sales-pitch. The opaque and unaccountable central authority has an incentive to pick-and-choose what's possible, and to put their thumb on the metaphorical scales to get certain outcomes.

Kind of like ride-share apps: Any pretense of "democratizing" jobs faded, instead they enabled new flavors of monopolistic exploitation.

ares623 2 days ago | parent [-]

It's funny, after posting the above message I started thinking what else can be made to sound "good" just by prepending it with "democratizing". Surprisingly it works really well.

Terr_ a day ago | parent [-]

Professor Farnsworth: "Good news, everyone! We're democratizing your health insurance!"

Leela: "You mean we can all together vote on the best plan?"

Farnsworth: "Hmm? Oh yes, as long as you do it all alone."

seydor 2 days ago | parent | prev [-]

> democratizing insider trading

Those are contradictory words