3 ms·

It's 1999 all over again. Escuse me, I have some tulip bulbs/crypto for sale.

by CrzyLngPwd 3y ago

deleted 3y ago
[deleted]
datadrivenangel 3y ago
May I interest you in some AI sauce for those?
- CrzyLngPwd 3y ago
  Don't mind if I do :-)
ben_w 3y ago
Changing the world doesn't necessarily require revenue to accrue to any specific named individual or group: "computer" used to be a job, now a single Raspberry Pi zero would beat all humans combined in this role, even if we all operated at the standard of the current world record holder. It costs $5 new when launched, rather than being valued at the entire global GDP each. Likewise, even though the dot-com bubble did have a lot of bankruptcies, the fundamental idea was right: the internet did, only a few years later, radically change how connected we all were, and now almost every business has at least some internet presence even if it's a roadside shack outside Nairobi[0] with a gmail account next to their phone number. AI? It may likewise be too soon for this level of exuberance, leading to a market crash; and it may likewise lead to such a degree of post-scarcity in the specific job roles it can automate that those roles are subsumed entirely within 30 years by the name of the hardware or software that do those roles, with the wealth flowing to everyone else except those who worked them, and the stock market valuations of the supporting businesses remaining small compared to the overall economy. No way to tell. But I'm sure it's not tulips. [0] https://www.google.com/maps/place/Curio+Shop/@-1.0622165,36.6032831,3a,75y,90t/data=!3m8!1e2!3m6!1sAF1QipOMkjeubecbZGS09CIf9uSE_LNRFIphINZJJd5o!2e10!3e12!6shttps:%2F%2Flh5.googleusercontent.com%2Fp%2FAF1QipOMkjeubecbZGS09CIf9uSE_LNRFIphINZJJd5o%3Dw86-h114-k-no!7i3120!8i4160!4m7!3m6!1s0x182ed62c1cb03c63:0x7155a70e6e2477ae!8m2!3d-1.0622165!4d36.603283!10e5!16s%2Fg%2F11h1z875g_?entry=ttu https://www.google.com/maps/place/Curio+Shop/@-1.0622165,36....
schrodingerscow 3y ago
This is seriously the laziest type of analysis there is. It’s like a freshman who memorizes the formulas for a test and attempts to pattern match existing concepts rather than understanding fundamentals. In this case you’re pattern matching the most unimportant features of the existing trend. If you don’t understand the difference between AI and crypto I don’t know what to tell you
- CrzyLngPwd 3y ago
  Oh you wanted analysis, that's too doors down, right next to entitlement.

It's 1999 all over again. Escuse me, I have some tulip bulbs/crypto for sale.

deleted 3y ago

[deleted]

datadrivenangel 3y ago

May I interest you in some AI sauce for those?

CrzyLngPwd 3y ago
Don't mind if I do :-)

ben_w 3y ago

Changing the world doesn't necessarily require revenue to accrue to any specific named individual or group: "computer" used to be a job, now a single Raspberry Pi zero would beat all humans combined in this role, even if we all operated at the standard of the current world record holder. It costs $5 new when launched, rather than being valued at the entire global GDP each. Likewise, even though the dot-com bubble did have a lot of bankruptcies, the fundamental idea was right: the internet did, only a few years later, radically change how connected we all were, and now almost every business has at least some internet presence even if it's a roadside shack outside Nairobi[0] with a gmail account next to their phone number. AI? It may likewise be too soon for this level of exuberance, leading to a market crash; and it may likewise lead to such a degree of post-scarcity in the specific job roles it can automate that those roles are subsumed entirely within 30 years by the name of the hardware or software that do those roles, with the wealth flowing to everyone else except those who worked them, and the stock market valuations of the supporting businesses remaining small compared to the overall economy. No way to tell. But I'm sure it's not tulips. [0] https://www.google.com/maps/place/Curio+Shop/@-1.0622165,36.6032831,3a,75y,90t/data=!3m8!1e2!3m6!1sAF1QipOMkjeubecbZGS09CIf9uSE_LNRFIphINZJJd5o!2e10!3e12!6shttps:%2F%2Flh5.googleusercontent.com%2Fp%2FAF1QipOMkjeubecbZGS09CIf9uSE_LNRFIphINZJJd5o%3Dw86-h114-k-no!7i3120!8i4160!4m7!3m6!1s0x182ed62c1cb03c63:0x7155a70e6e2477ae!8m2!3d-1.0622165!4d36.603283!10e5!16s%2Fg%2F11h1z875g_?entry=ttu https://www.google.com/maps/place/Curio+Shop/@-1.0622165,36....

schrodingerscow 3y ago

This is seriously the laziest type of analysis there is. It’s like a freshman who memorizes the formulas for a test and attempts to pattern match existing concepts rather than understanding fundamentals. In this case you’re pattern matching the most unimportant features of the existing trend. If you don’t understand the difference between AI and crypto I don’t know what to tell you

CrzyLngPwd 3y ago
Oh you wanted analysis, that's too doors down, right next to entitlement.