this post was submitted on 21 Oct 2024
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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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The post Xitter web has spawned soo many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)

Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.

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(Semi-obligatory thanks to @dgerard for starting this)

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[–] [email protected] 16 points 1 month ago (3 children)

~~Kendrick~~ Zitron dropped - its mainly focusing on Prabhakar Raghavan's recent kicking upstairs, and Google's bleak future.

Main highlight was this snippet:

I am hypothesizing here, but I think that Google is desperate, and that its earnings on October 30th are likely to make the street a little worried. The medium-to-long-term prognosis is likely even worse. As the Wall Street Journal notes, Google's ad business is expected to dip below 50% market share in the US in the next year for the first time in more than a decade, and Google's gratuitous monopoly over search (and likely ads) is coming to an end. It’s more than likely that Google sees AI as fundamental to its future growth and relevance.

[–] [email protected] 17 points 1 month ago (1 children)

Man, it's almost like hollowing out the core value centers of a company in search of short-term growth will leave an empty dying husk that can neither serve in new markets nor continue to exist in their previous niche.

If only there had been some kind of warning about the consequences of this management style. Hey, how's GE doing these days again?

[–] [email protected] 14 points 1 month ago (1 children)

It's not that the money is unaware this kills the business. They know. They don't care because their process is business-agnostic. By design and intent they extract value from the business like it was a capri sun pouch and when line no longer goes up, it's discarded for the next one.

[–] [email protected] 7 points 1 month ago

But paying executives in stock options helps "align incentives" or whatever

[–] [email protected] 11 points 1 month ago (1 children)

Really enjoying watching Ed level up from week to week. The Zingularity is Near.

[–] [email protected] 9 points 1 month ago

As the AI bubble weakens, he only gets stronger.

[–] [email protected] 10 points 1 month ago

I think this is the second or third time that either Ed or somebody on his Discord reminded me about Shingy