Nit pick, this is a 256TB SSD, so you'd need four to make a PB of raw space, and probably more than that to allow for RAID and effective space. PBSSD is their name for tech to enable PB scale arrays of such SSDs.

If they're invested in businesses, the capital gets recirculated in the economy and becomes someone else's income.

What you describe would be worse without inflation. The rich would still have most of the capital, but they also wouldn't bother investing it either, which at least recirculates the money and becomes income for others.

Income-generating assets are doing something to generate that income, which is presumed to have some beneficial effect on the economy more than cash sitting under your mattress does.

Increase in the money supply does not in itself cause prices to go up. There's an indirect mechanicism but it's not automatic.

*Product Manager. They meet with customers, analyze the competitive landscape, set the feature development roadmap, and define requirements for engineering teams. The "I'm a people person!" guy in Office Space.

I mean the similarity is not a coincidence. Gaming chairs are modeled after racing seats which are five point harnesses designed to keep the occupant safe in a car crash... exactly like toddler car seats.

I can see a use for actual racing seats in racing games to enhance the immersion. The faux racing gaming chairs took off because some chair company sponsored streamers. Streamers like them because they're something to look at on stream rather than a bland office chair. For everyone else a bland office chair is way better.

Look at animated movies. They're giant collaborations of hundreds of mostly anonymous people, basically large software development projects. They hire stars to do the voices, not because they're all that great as voice actors (trained voice actors can often be had cheaper), but to be the face of the film in public and promote it.

That is, the skill of a Hollywood star is not really anything to do with the product, but simply being famous, recognizable, and likeable. They are a brand, like Mickey Mouse or Colonel Sanders (once an actual person!).

I'm sure they don't want to pay anybody, but I don't think they need to worry about precedent. They can easily say some subs are strategicly important to the business and get support while others aren't. Like other platforms have "partner" status that they only offer to some users not all.

I think it makes a lot of sense as a series of emotional reactions, mostly from spez. He won't back down and no one can make him.

They don't want to serve ads through the API because ad buyers care about exactly how the ads will be presented. The apps would have to work very closely with Reddit to ensure consistent ad presentation, which is more work for them so they don't want to do it.

The API price was plucked out of thin air, presumably based on what they believed OpenAI/Microsoft/Google would be willing to pay. Third party apps were acceptable collateral damage.

TBH, it's crazy that they would engage in a public forum about such a public, contentious subject without preparing everything in advance. You'd normally want to vet your answers and make sure you don't make things worse... Which they did.

The idea is federation. No instance is obligated to scale to thousands of users if they can't handle it. If somebody else thinks they can, they're welcome to try.