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by yowlingcat
56 days ago
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We can fault them individually for such corny and groan inducing deceit, but we can't fault them for society's role in rewarding the highest profile and most wealthy founders (OAI/Anthropic) taking the exact same approach with optics. I am about to go on a long rant, but there is so much money sloshing around the capital allocation machine going towards a vision of the AI managed and optimized future that the propaganda machine for these rose colored delusions must work in overtime. What disappoints me is the question of where the heck are the bears? Did they all go into hibernation 5 years ago when QE gave the retail kindergartener a handgun to pump low quality tickers to the moon? have we just societally accepted that everything should be a hyperreal version of sports gambling now and the world is and ought to be an efficient market of hyperstition? I may be old and grumpy saying this, but this all sounds dumb and corny. I would like some of the very capable traders who make money repricing mispriced assets to find a way to make money deflating this bubble and bring this environment back to sanity. And I say this as someone who likes the capabilities of AI but continue to see it do little to none of the hard work solving incompressible problems that continue to create and retain enterprise value. To get off my soapbox for a second and get back to your quoted passage -- what they're really saying is "We are working very hard to make this future coming, and we think so little of your intelligence that we believe you'll fall for the fear tactic of believing it's inevitable, ignoring the fact that it won't happen without someone's hands. And in this case, it is very much our hands, which are incentivized to not just do it but to do it so well that we ensure we do everything possible to make this happen. Part of which means persuading you that it is guaranteed to succeed. If we ever let the honest truth slip that what we're proposing is extremely hard to pull off with pure AI and we're just going to be a any other commercial real estate investor like anyone else, the jig is up." That's what every single one of these kinds of hypocritical navel gazing faux-concern proclamations amount to for me. Astroturf. |
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