Still haven't seen this mentioned in any GME story, so I'll try to lay out: GME is a case study in surveillance capitalism.

This case study shows that covid has accelerated the trend of companies ditching older business models for this new model (which is a money machine impervious to pandemics or anything short of the internet going down)



GME has a bunch of cash and revenue left over from their days as a retailer. They also have a large customer base in their membership program.

They are restructuring to sell that data on the behavior futures markets. In short, they are restructuring to have a tech business model

this is not to say "i like the stock", it is to point out how we are careening into a bad bad time and no one realizes it yet. even though the warning signs are so loud


Show thread
Sign in to participate in the conversation
The Darkest Timeline

a private mastadon instance to experiment with