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Part of the issue is that the worst kind of people are already head over heels excited about this. We're already seeing the Crypto->Web3->LLM get rich quick fol

Part of the issue is that the worst kind of people are already head over heels excited about this. We're already seeing the Crypto->Web3->LLM get rich quick folks take to this like wildfire. And much like wildfire, they'll raze the ground to ashes before anyone can use it for legitimate means. If you think I'm joking, check this out: https://www.youtube.com/watch?v=U-Rqv9dOB1U https://www.youtube.com/watch?v=U-Rqv9dOB1U I don't think any of us are ready for the wave of sloppy shit that's going to hit us soon.

mcmcmc 12d ago
It’s a classic get rich quick scheme. Wanna run a business and make money without actually doing anything? Try our AI!
- ryandrake 12d ago
  Out of all the people I know, the exact same set of people are in to LLMs now who were previously into: NFTs, then Crypto before that, then Online Poker before that, then Dropshipping and LeadGen before that. The Venn diagram circles overlap exactly.
  - dofm 12d ago
    Right. Scroll back on their X timelines and you see it. The only thing I can say about LLMs is that we might end up with some broad, stable utility from them, when the dust settles. The only thing crypto is really good for is hiding the source of impermissible donations.
    - sjsjjsjsjs 11d ago
      [dead]
  - fragmede 12d ago
    All that really says is that they didn't get big out of any one of those. If one your "people" had gotten big off of online poker, say, would they be teaching the poor to code, or giving them mosquito nets?
    - krige 11d ago
      It's a very naive supposition that the terminally greedy and immoral people would stop after getting rich once, rather than trying again and again every time there's an opportunity.
  - mitxela 11d ago
    And they made money on all of these stages, except for online poker.
sidewndr46 12d ago
This sounds ideal to me. Fire flushes out pretty much any grifter quickly.
walrus01 12d ago
My favorite term for this in general is "irrational exuberance". Plenty of it was seen during the most bubble-like days of the 1997-2000 dotcom boom. Anyone remember beenz and flooz?
- switchbak 12d ago
  I was at ground zero at Nortel during that time. Quite an interesting (depressing?) place to be at the very start of your career!
  - KingOfMyRoom 12d ago
    Anything you can share about this time?
    - _hugerobots_ 12d ago
      It took a very unrealistic amount of time to realize that the IP theft, artificial blockers and corruption had started a lot earlier than presumed. The Nortel dismantling should be taught as an example of infoSec espionage on the levels of corporate terrorism.
      - layla5alive 12d ago
        Can you elaborate? I don't think this is a well known topic at all
        eloisius 11d ago
        I think they’re talking about how Huawei got their start
- grey-area 12d ago
  That’s a great book.
californical 12d ago
I’m not on normal social media so I had no idea that stuff was out there. Absolutely incredible trolling from some of those people I’m sure, while others are actual believers
- georgefrowny 11d ago
  Prosperity gospel for the non-religious, basically.
indigodaddy 12d ago
This is gold, tysm for posting
- dofm 12d ago
  His whole channel is full of commentary like this. It's simultaneously funny and really informative about the sort of blend of grift and AI psychosis that is genuinely out there.
deleted 12d ago
[deleted]
thwarted 12d ago
Most/all of these LinkedIn influencer types are showing off what amounts to busy-boxes, but for adults rather than for babies, presented as if these are at all useful for real world use or are showing anything useful. That YouTube channel does an okay job of calling it out.
dofm 12d ago
Immediately knew what that video would be before I clicked it. Eric Morrison is doing the gods' work.
2001zhaozhao 12d ago
Part of me low key hopes that the slop will manage to attract all the VC funding so that profit-driven AI automation firms don't get anywhere too quickly, and those of us who are independently working on the problem step-by-step from first principles have time to get to the low hanging fruits in the market.
- switchbak 10d ago
  You know - I would expect that could very well happen. Assuming the first hump of the hype cycle doesn't completely burn people off from ever realizing the second.
mw888 12d ago
Oh please. Not only is this needlessly cynical but it demonstrates no ability to think for yourself. "Broad categories I don't like are excited about this, therefore it won't work." Of course you'd feel no need to justify all the exceptions when people you don't like are excited about a movie, food item or video game. Yuur justification for cynicism is vacuous, which will obscure realistic concerns.
- switchbak 10d ago
  I really have no idea what you're on about. There's TONS of examples of people abusing this already. Will someone make an actual product to help guide a company? For sure. Will it be abused immediately, of course! Is that cynical? Sure, but it's also true. "No ability to think for myself", ok bud. "Broad categories I don't like" - found the crypto bro. If by those categories you mean spammy low effort people with no knowledge, ethics or desire to add something valuable to the world then yes - I don't like that category of people. "Yuur justification for cynicism is vacuous, which will obscure realistic concerns" - Your poor grammar is obscuring your actual meaning. "Yuur"? Hey enjoy the incoming flood of 100x the email spam, phone/sms spam, AD spam, everything spam, shit non-products, etc. Yeah that sounds like a great time, don't mind this cynical guy here who just "dislikes some kinds of people".
  - mw888 9d ago
    You've conceded your point and picked another. > they'll raze the ground to ashes before anyone can use it for legitimate means. You were so cynical you thought this one category of people would literally prevent any fruitful use. Now you simply argue with me whether the category exists at all. > I really have no idea what you're on about. There's TONS of examples of people abusing this already. Grossly dishonest in spirit, you are.
andai 12d ago
It would truly be a sad day if I had to experience unsatisfying content. I hope such a day never arrives.
latentsea 11d ago
>Part of the issue is that the worst kind of people are already head over heels excited about this. This. Not only this but it has expanded this pool of people. Now you don't just have to be malicious, you can just be lazy and excited about not having to lift a finger, and/or you could just be dumb and excited about doing things you were never able to before. Competent, well meaning people need not apply. Grifters, sloths and bozos will do just fine.
- switchbak 10d ago
  100% Our hiring pipeline was 100% full of AI cheaters recently - like 6 in a row that we interviewed (broken process too). Not exactly the same, but close enough and just shows how many people would be willing to waste a bit of time in an AI driven fraud versus doing actual productive work. I don't see the get-rich-quick folks as being any more scrutable, but it does certainly scale more and have a bigger blast radius of damage.

mcmcmc 12d ago

It’s a classic get rich quick scheme. Wanna run a business and make money without actually doing anything? Try our AI!

ryandrake 12d ago
Out of all the people I know, the exact same set of people are in to LLMs now who were previously into: NFTs, then Crypto before that, then Online Poker before that, then Dropshipping and LeadGen before that. The Venn diagram circles overlap exactly.
- dofm 12d ago
  Right. Scroll back on their X timelines and you see it. The only thing I can say about LLMs is that we might end up with some broad, stable utility from them, when the dust settles. The only thing crypto is really good for is hiding the source of impermissible donations.
  - sjsjjsjsjs 11d ago
    [dead]
- fragmede 12d ago
  All that really says is that they didn't get big out of any one of those. If one your "people" had gotten big off of online poker, say, would they be teaching the poor to code, or giving them mosquito nets?
  - krige 11d ago
    It's a very naive supposition that the terminally greedy and immoral people would stop after getting rich once, rather than trying again and again every time there's an opportunity.
- mitxela 11d ago
  And they made money on all of these stages, except for online poker.

sidewndr46 12d ago

This sounds ideal to me. Fire flushes out pretty much any grifter quickly.

walrus01 12d ago

My favorite term for this in general is "irrational exuberance". Plenty of it was seen during the most bubble-like days of the 1997-2000 dotcom boom. Anyone remember beenz and flooz?

switchbak 12d ago
I was at ground zero at Nortel during that time. Quite an interesting (depressing?) place to be at the very start of your career!
- KingOfMyRoom 12d ago
  Anything you can share about this time?
  - _hugerobots_ 12d ago
    It took a very unrealistic amount of time to realize that the IP theft, artificial blockers and corruption had started a lot earlier than presumed. The Nortel dismantling should be taught as an example of infoSec espionage on the levels of corporate terrorism.
    - layla5alive 12d ago
      Can you elaborate? I don't think this is a well known topic at all
      - eloisius 11d ago
        I think they’re talking about how Huawei got their start
grey-area 12d ago
That’s a great book.

californical 12d ago

I’m not on normal social media so I had no idea that stuff was out there. Absolutely incredible trolling from some of those people I’m sure, while others are actual believers

georgefrowny 11d ago
Prosperity gospel for the non-religious, basically.

indigodaddy 12d ago

This is gold, tysm for posting

dofm 12d ago
His whole channel is full of commentary like this. It's simultaneously funny and really informative about the sort of blend of grift and AI psychosis that is genuinely out there.

deleted 12d ago

[deleted]

thwarted 12d ago

Most/all of these LinkedIn influencer types are showing off what amounts to busy-boxes, but for adults rather than for babies, presented as if these are at all useful for real world use or are showing anything useful. That YouTube channel does an okay job of calling it out.

dofm 12d ago

Immediately knew what that video would be before I clicked it. Eric Morrison is doing the gods' work.

2001zhaozhao 12d ago

Part of me low key hopes that the slop will manage to attract all the VC funding so that profit-driven AI automation firms don't get anywhere too quickly, and those of us who are independently working on the problem step-by-step from first principles have time to get to the low hanging fruits in the market.

switchbak 10d ago
You know - I would expect that could very well happen. Assuming the first hump of the hype cycle doesn't completely burn people off from ever realizing the second.

mw888 12d ago

Oh please. Not only is this needlessly cynical but it demonstrates no ability to think for yourself. "Broad categories I don't like are excited about this, therefore it won't work." Of course you'd feel no need to justify all the exceptions when people you don't like are excited about a movie, food item or video game. Yuur justification for cynicism is vacuous, which will obscure realistic concerns.

switchbak 10d ago
I really have no idea what you're on about. There's TONS of examples of people abusing this already. Will someone make an actual product to help guide a company? For sure. Will it be abused immediately, of course! Is that cynical? Sure, but it's also true. "No ability to think for myself", ok bud. "Broad categories I don't like" - found the crypto bro. If by those categories you mean spammy low effort people with no knowledge, ethics or desire to add something valuable to the world then yes - I don't like that category of people. "Yuur justification for cynicism is vacuous, which will obscure realistic concerns" - Your poor grammar is obscuring your actual meaning. "Yuur"? Hey enjoy the incoming flood of 100x the email spam, phone/sms spam, AD spam, everything spam, shit non-products, etc. Yeah that sounds like a great time, don't mind this cynical guy here who just "dislikes some kinds of people".
- mw888 9d ago
  You've conceded your point and picked another. > they'll raze the ground to ashes before anyone can use it for legitimate means. You were so cynical you thought this one category of people would literally prevent any fruitful use. Now you simply argue with me whether the category exists at all. > I really have no idea what you're on about. There's TONS of examples of people abusing this already. Grossly dishonest in spirit, you are.

andai 12d ago

It would truly be a sad day if I had to experience unsatisfying content. I hope such a day never arrives.

latentsea 11d ago

>Part of the issue is that the worst kind of people are already head over heels excited about this. This. Not only this but it has expanded this pool of people. Now you don't just have to be malicious, you can just be lazy and excited about not having to lift a finger, and/or you could just be dumb and excited about doing things you were never able to before. Competent, well meaning people need not apply. Grifters, sloths and bozos will do just fine.

switchbak 10d ago
100% Our hiring pipeline was 100% full of AI cheaters recently - like 6 in a row that we interviewed (broken process too). Not exactly the same, but close enough and just shows how many people would be willing to waste a bit of time in an AI driven fraud versus doing actual productive work. I don't see the get-rich-quick folks as being any more scrutable, but it does certainly scale more and have a bigger blast radius of damage.