• 𝐘Ⓞz҉
    link
    fedilink
    English
    611 months ago

    Huge win for the economy. He blew billions creating another data harvesting BS.

    • @its_pizza
      link
      English
      5
      edit-2
      11 months ago

      Most of the money spent on product development is likely going to engineers, graphic artists, industrial designers, and other professionals (who are in turn paying tax on their payroll) or to other software/IP vendors (who in turn are paying their own engineers).

      Granted, that’s probably not as good a use of capital as, say, direct benefits to people in poverty, but it’s vastly better than stock buybacks in terms of public benefit.