this post was submitted on 01 Jul 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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start of the article is fine I suppose but it gets pretty bad when it tries to evaluate impact
the implication here that there exists a viable company buying "cutting-edge AI capabilities" "for the price of standard software" and "building a whole AI system" with them is comical but goes unexamined
no it isn't. the article opens with a clear counterexample. if the ambiguity didn't exist Amazon still could have lied about using ai, easily
ok, businesses can be impacted
ok, investors can be impacted... hard to be sympathetic to them but sure
and consumers, ok, we've gone through all three types of entities that exist.
wait, what about workers? what about people being policed? what about people trying to interact with government programs using these products? why is only the holy trinity of capitalism worth mentioning?
exercise: rewrite this passage to be about crypto
The problem here isn’t AI, it’s that the investor class is fundamentally stupid. They got lucky, either by birth or by winning the startup lottery, and they’ve convinced themselves that this means they’re vastly more perceptive, intelligent and capable than everyone else.
I’m working for a startup right now, and investment rounds feel a lot like a bunch of idiots standing around waiting to see who’ll jump first, and when one goes the rest follow, because they haven’t a fucking clue what they’re doing but desperately need to believe their peers do.
yeah it's a BBC tech article so I'm grading it as having put anything substantial at all in front of the general audience
Extracted money (profit) could at least be recuperated into infrastructure; scamming the investors is good, but it should not turn into yet another corruption scheme.