this post was submitted on 25 Jun 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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god that’s not even a particularly long bubble, though I feel like the short expected duration of this one goes hand in hand with how much non-tech people hate AI now — it took a few years of well-thought-out criticism for crypto to go from almost universally hyped to the shit you warn your grandma to not waste money on
while I am rooting for it to happen, it feels like the tech industry’s earned a particularly hard crash this time, and it’s the nature of the fucked up beast that it’ll impact tech workers like you and me more than it’ll ever affect Huang or Altman or anyone else responsible for it. hopefully we can all brace appropriately for a thoroughly miserable time.
These bubbles seem to be inflating and popping with shorter and shorter cycle times, as if the VC-fueled bullshit economy is bumbling toward some kind of ending. It reminds me of a supermassive star burning it's way down the periodic table until its heart is chock full of iron.
I'm probably just seeing patterns in the noise, but i~~t's a nice thought innit?~~ no you're right, it'll probably blast the innocent bystanders, mostly.
https://lco.global/spacebook/stars/high-mass-star/