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You're naive, uninformed or turfing if you think companies are still not tokenmaxxing. Also tokenmaxxing was never an intentional and smart strategy employed b
by witx 3mo ago
You're naive, uninformed or turfing if you think companies are still not tokenmaxxing.
Also tokenmaxxing was never an intentional and smart strategy employed by companies like you say. It was a mix of fear of missing out, signaling to investors they were in on the hype and recouping investmenets in data centers
- aurareturn 3mo agoYes, and Uber was trying to recuperate what investments in data centers? Come on now. Let's not think that we are all smarter than management at these companies.
- therein 3mo agoYour business will suffer greatly for your short-sightedness. But yeah, go imitate Uber, I am sure you will get just as big as they are this way. Everybody knows Uber's success comes from Apple Vision Pro making their developers oh so productive. You should go to the Apple store right now. Your livelihood now depends on tokens remaining subsidized. How long do you think your engineers will continue to have the independent ability to maintain your codebase if the tokens got 20x more expensive? Buy and sip that intelligence straight from the tap.
- aurareturn 3mo agoI never said go imitate Uber's strategy. I just challenged the person who claimed that these companies are only doing it to recuperate data center investments when Uber doesn't have any data center investments.
- SecretDreams 3mo ago> Let's not think that we are all smarter than management at these companies. Outside of a few well run companies, it's hard not to feel like the average IC is smarter than their leadership.
- jdiff 3mo agoLet us also not think that management is any smarter than any of us and is playing 5D chess games we couldn't comprehend. Notably, games that they also could not articulate when they were making these decisions.
- aurareturn 3mo agoIt’s so easy to comprehend that even I was able to do it. I don’t think it’s 5D chess. More like checkers. They have dumb the message down just to get developers to try.
- SecretDreams 3mo agoCEOs are just as, if not moreso, susceptibility to fomo than everyone else!
- aurareturn 3mo agoI don't disagree. They talk amongst each other, get advice from expensive consultants, but often lack the knowledge that their on the ground workers have. That said, I still think this was done to get employees to adopt AI faster and see what is possible rather than a long-term incentive.