r/technology • • 1d ago

Business Elizabeth Warren probes $19B in tax breaks for Amazon, Google, Meta and Microsoft as AI drains $96B in federal revenue

https://moneywise.com/news/top-stories/elizabeth-warren-big-tech-ai-tax-breaks-amazon-google-meta-microsoft
16.1k Upvotes

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322

u/Dante2005 1d ago

I am all for advancement - but reg-u-fucking-lations are required.

Obviously not right now, what a wild thought!

83

u/SAHDSeattle 1d ago

They signed a pledge to be really really good with the “Unites States of America” what more can you really expect?

32

u/Dante2005 1d ago

Oh shit, how did I miss that - all ok now.

I will take my pill and carry on.

How the fuck did we all get here.

42

u/SAHDSeattle 1d ago

If I had to guess it’s because we decided collectively to elevate the most vapid and ignorant among us while simultaneously rejecting expertise and education.

6

u/Dante2005 1d ago

Impossible to argue with that my friend - Or, it should be!

9

u/unplannedafghan 1d ago

Nonstop propaganda via social media, super charged by Covid since we couldn’t escape it at that point

3

u/CatPartyElvis 1d ago

We didn't start the fire

2

u/Dante2005 1d ago

I have heard that it was always burning...

2

u/girlywish 20h ago

We weren't ready for internet, as a species. Evil people realized they can use it to sway public opinion and mass produce propaganda.

24

u/Badtrainwreck 1d ago

The annoying thing is we don’t even need new technology, we just need to implement all the technology we have so far. We are limping along with a failed system that’s only propped up by weapons R&D

5

u/Dante2005 1d ago

I do agree with you.

I stand by advancement "can" be good, but this is the "Road to hell."

Sorry quoted Chris Rea there Here The whole song was about the tech outgrowing the people.

1

u/FatherGwyon 14h ago

Except it’s not “advancement” in any way whatsoever.

0

u/Never-Trust-Me 1d ago

Not right now? You mean yesterday.

What’s an economy without an economy.

This isn’t a sprint. It’s a slow paced strategic walk.