Comments by "michael" (@michaeld4861) on "Ticker Symbol: YOU" channel.

  1. I really like your channel but I have to say, calling Chamath your hero is very concerning and a huge turnoff. He's a financial snake oil salesman, and just generally a snake of a person.
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  2. If it's a SPAC you can be sure that Chamath is selling out as soon as he pumps the price.
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  3. Chamath is a scammer. SPAC usually means scam and he's one of the best scammers. Pumps up the price with advertising and hype, the company pays him on top of giving him stock shares so that he makes money whether the company is successful or not, then he dumps it all at the peak of the hype just before everyone finds out about the lies and overexaggerating he sold you on. Just watch some videos on him that explain it better.
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  4. "empowering workers through automation"....??? You mean empowering billionaires through automation. Think about Amazon not needing workers anymore, or even just needing far fewer workers! That's a terrifying thought. Just look at the chart comparing wage growth to production growth. I'm all for automation, but it only works in a society like Sweden in which there is a social safety net for people who's jobs have been replaced. The number one reason holding back poor people from starting a business in the US is fear of failure, because if they fail they are basically done. No food, no house, no job. If rich people fail they just take some more money out of their magic funds and start again or the government bails them out (ie. the poor people bail them out).
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  5. Granted there are obvious uses for it like reducing repetitive tasks that slow workers down, as long as it's used to help and not hurt the workforce.
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  6. Anybody else think that the Tesla symbol looks like a women's reproductive tract? Maybe it was intentional seeing as Tesla will birth the future.
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