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by klabb3 338 days ago
Yes. As well as other hype-men and useful idiots. People are extremely naive when it comes to vested interest talking points. There’s a very natural reason why these guys want to keep talking about AGI and ASI: ”soon” is the magic word that makes investors feel fomo and make rash decisions.

During peak crypto madness vagueposting was an extremely effective market manipulation tool. I know people who made a lot of money on unconfirmed rumors in hours but of course it was just zero-sum gambling - the ”early adopters” made their money at the expense of the latecomers. No value was generated.

People don’t even need to be convinced that AGI/ASI is near, just ”but what if there’s a chance?”. It’s similar psychological tricks as selling lottery tickets.