Even pandemic-losing platforms invested central bank money in cloud capital

Evidence

Even cloudalist companies that had a bad pandemic, like Uber and Airbnb whose customers were unable to use their services, took the central bank money and invested in more cloud capital as if there were no pandemic. — Yanis Varoufakis, Technofeudalism, 377

Categorization

• QUESTION: What specifically was Uber and Airbnb’s cloud capital investment during the pandemic crash? Would be worth verifying the concrete figures.
• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 377
• XREF: connects to: Gig platforms will collapse or become luxury services when venture funding dries up — Nick Srnicek, Platform Capitalism, 96; Central bank printed money flows only to Big Business and cloud capital — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 375; Central banks funded cloud capital that destroyed market sovereignty — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 440 (+1 more)

Broader Connections

• The pandemic’s state money flood marked the formal arrival of cloud capital #corroborates (0.90) — Yanis Varoufakis, Technofeudalism, 378
• Central banks funded cloud capital that destroyed market sovereignty #corroborates (0.85) — Yanis Varoufakis, Technofeudalism, 440