6 ms·

With Sam Altman from OpenAI spearheading it, no less.

by quenix 3y ago

PheonixPharts 3y ago
I was chatting with a few Chinese crypto people the other day, and the general consensus in that community seems to be that Worldcoin basically operates as an ATM for Sam Altman. He undoubtedly owns a considerable amount, and it doesn't matter if it's a long term successful so long in the near term it has a multiplying impact on his OpenAI work. If you look at the 1 year change in WLD you see that he's likely made a pretty sum from it already, especially since whatever amount of WLD he own was acquired at effectively zero cost[0]. The people I was chatting with shared a similar view to dogecoin and Musk. All either needs to do is drive up a little hype and in to time they have access to tremendous amounts of liquidity. 0. https://coinmarketcap.com/currencies/worldcoin-org/ https://coinmarketcap.com/currencies/worldcoin-org/
- tsunamifury 3y ago
  Why aren't we taking it more seriously that our supposed world-leading founders and business people are simply running pump and dumb schemes with Worldcoin, Doge, and ETF/SPACs?
  - ToucanLoucan 3y ago
    It is hilarious to me how many of the twitter accounts who swore up and down crypto was the future are now shilling for AI instead. It's obvious they don't know or care very much about anything, they're just determined to keep riding hype waves and try to cash out.
  - PheonixPharts 3y ago
    It's sort of like the twist at the end of Soylent Green. The real twist isn't that "Soylent Green is people!" the twist is that you can see this with your own eyes, shout it in the street, but ultimately no one really cares.
    - JohnFen 3y ago
      Do people not care, or do people not believe? My take on that movie wasn't that nobody cared, but that nobody believed the crazy-sounding man yelling weird-sounding things in public.
      - tsunamifury 3y ago
        That can be one the same phenomenon.
        s1artibartfast 3y ago
        Why should anyone care? I certainly don't and find it curious that others have an interest at all. I have always viewed people arguing for or against crypto as equivalent to nerds arguing if batman or superman is better. Utterly irrelevant to me.
        tsunamifury 3y ago
        I think you have tragically and entirely missed the point.
    - 15457345234 3y ago
      I think a lot of people do actually care, but you'll never be able to determine that from the internet because on every social platform the discourse on every controversial issue is 1000 bot comments for every real comment. The vibe on today's internet when it comes to weird tech bros is 'we made this space, applaud us on it or leave it.' Many people have chosen option 2.
      - tsunamifury 3y ago
        This is a very good observations — and by extension why we aren’t noticing that people are leaving. I was in the room with sergey once 7 years ago and he made a not so unserious joke of “where we’re going we won’t need users.” It stuck with me forever.
  - dragonwriter 3y ago
    Because while a few people find this an interesting surprise, more people have it fully priced in to their worldview, either (among some other possibilities) because they are active participants or because they are critics of capitalism from schools of thought where the incentive to an ubiquity of this kind of behavior is central to the critique. Its really mostly a surprising revelation to outer-circle initiates of the cult of capitalism, who have been indoctrinated in the public propaganda used for recruitment but are ignorant of the inner mysteries.
    - s1artibartfast 3y ago
      This reminds me of the fact that basically no financial system tries to prohibit speculation, gambling, or risk-taking outright. Instead, institutions attempt to increase transparency and limit gambling with other peoples money. The availability of terrible high-risk investments and option to buy them is always present. IT is just rarely interesting to talk about.
    - tsunamifury 3y ago
      I think we can not just say “it’s because they’re stupid”. It fair to say I am very aware, I’ve worked in the largest tech companies in the world and I worked on the largest bank merger in the world. I see how the sausage is made… mostly. However the value systems that are created anew continue to shock me. Because when the wool gets pulled, and it always fucking does, the damage is shifted to those who “don’t care”

With Sam Altman from OpenAI spearheading it, no less.

by quenix 3y ago

With Sam Altman from OpenAI spearheading it, no less.

I was chatting with a few Chinese crypto people the other day, and the general consensus in that community seems to be that Worldcoin basically operates as an ATM for Sam Altman. He undoubtedly owns a considerable amount, and it doesn't matter if it's a long term successful so long in the near term it has a multiplying impact on his OpenAI work. If you look at the 1 year change in WLD you see that he's likely made a pretty sum from it already, especially since whatever amount of WLD he own was acquired at effectively zero cost[0]. The people I was chatting with shared a similar view to dogecoin and Musk. All either needs to do is drive up a little hype and in to time they have access to tremendous amounts of liquidity. 0. https://coinmarketcap.com/currencies/worldcoin-org/ https://coinmarketcap.com/currencies/worldcoin-org/

tsunamifury 3y ago
Why aren't we taking it more seriously that our supposed world-leading founders and business people are simply running pump and dumb schemes with Worldcoin, Doge, and ETF/SPACs?
- ToucanLoucan 3y ago
  It is hilarious to me how many of the twitter accounts who swore up and down crypto was the future are now shilling for AI instead. It's obvious they don't know or care very much about anything, they're just determined to keep riding hype waves and try to cash out.
- PheonixPharts 3y ago
  It's sort of like the twist at the end of Soylent Green. The real twist isn't that "Soylent Green is people!" the twist is that you can see this with your own eyes, shout it in the street, but ultimately no one really cares.
  - JohnFen 3y ago
    Do people not care, or do people not believe? My take on that movie wasn't that nobody cared, but that nobody believed the crazy-sounding man yelling weird-sounding things in public.
    - tsunamifury 3y ago
      That can be one the same phenomenon.
      - s1artibartfast 3y ago
        Why should anyone care? I certainly don't and find it curious that others have an interest at all. I have always viewed people arguing for or against crypto as equivalent to nerds arguing if batman or superman is better. Utterly irrelevant to me.
        tsunamifury 3y ago
        I think you have tragically and entirely missed the point.
  - 15457345234 3y ago
    I think a lot of people do actually care, but you'll never be able to determine that from the internet because on every social platform the discourse on every controversial issue is 1000 bot comments for every real comment. The vibe on today's internet when it comes to weird tech bros is 'we made this space, applaud us on it or leave it.' Many people have chosen option 2.
    - tsunamifury 3y ago
      This is a very good observations — and by extension why we aren’t noticing that people are leaving. I was in the room with sergey once 7 years ago and he made a not so unserious joke of “where we’re going we won’t need users.” It stuck with me forever.
- dragonwriter 3y ago
  Because while a few people find this an interesting surprise, more people have it fully priced in to their worldview, either (among some other possibilities) because they are active participants or because they are critics of capitalism from schools of thought where the incentive to an ubiquity of this kind of behavior is central to the critique. Its really mostly a surprising revelation to outer-circle initiates of the cult of capitalism, who have been indoctrinated in the public propaganda used for recruitment but are ignorant of the inner mysteries.
  - s1artibartfast 3y ago
    This reminds me of the fact that basically no financial system tries to prohibit speculation, gambling, or risk-taking outright. Instead, institutions attempt to increase transparency and limit gambling with other peoples money. The availability of terrible high-risk investments and option to buy them is always present. IT is just rarely interesting to talk about.
  - tsunamifury 3y ago
    I think we can not just say “it’s because they’re stupid”. It fair to say I am very aware, I’ve worked in the largest tech companies in the world and I worked on the largest bank merger in the world. I see how the sausage is made… mostly. However the value systems that are created anew continue to shock me. Because when the wool gets pulled, and it always fucking does, the damage is shifted to those who “don’t care”