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streamofdigits
searching PlanetScale…
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11 ms
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61.
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by
streamofdigits
5y ago
The Future of Investment is Not Rational - It's DAOs and Crypto Networks
62.
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streamofdigits
5y ago
is he the guy who wrote a book to explain everything ?
63.
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streamofdigits
5y ago
at this point the ecological niche of open source computation / algorithmic stacks is so well occupied that even if wolfram were to open source their code (as an attempt to remain relevant?), it is unlikely it would change much in the
64.
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streamofdigits
5y ago
An oligopoly of walled gardens that control all information flow with little accountability based on opaque algorithmic operations and dubious business models is a bad, unworkable design, who could have guessed that? A small minority of peo
65.
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streamofdigits
5y ago
I think it really matters whether the core of added value of your solution is on the client side or the backend processing. For example (in a parallel but similar universe to ruby) you have python, django and vast sea of data science /
66.
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streamofdigits
5y ago
The main data point from the success of reddit is that quality interactions in large scale online platforms require an interest based user interface. Other than that it is almost guaranteed now that its buggy (feels like its held together
67.
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streamofdigits
5y ago
there is plenty of promising tech around. VC has lost all touch with aiming to add real value (if they ever had it)
68.
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streamofdigits
5y ago
Easily the most balanced and deep review of the web3 bandwagon (maybe as you would expect from somebody who has seen it all before and from close-up). I find this observation as the most hard-hitting: > The failure to think through and b
69.
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streamofdigits
5y ago
in the fullness of time JAX might prove to be more important than either. don't give people fish, teach them how to catch fish and all that...
70.
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streamofdigits
5y ago
the web would unfuck itself in, like, a few mouse clicks if you could unfuck its economics and its politics
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streamofdigits
5y ago
the algorithm is morally bankrupt. which is worse
72.
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streamofdigits
5y ago
this is just metadata, e.g. any decentralized search would also benefit from this. the best time to add it is when you publish, just like the best time to document your code is when you write it
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streamofdigits
5y ago
that is an argument I have seen before and it is generally true: the core idea is for the corporate entity to operate a riskless arbitrage where all risks are shouldered elsewhere, ideally where they are less understood and thus underpriced
74.
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streamofdigits
5y ago
its not exactly the same. there are probably significant efficiencies (energy, security etc) in provisioning and sharing "cloud" hardware in reasonably large chunks.
75.
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streamofdigits
5y ago
This. Turn the "cloud is somebody else's computer" on its head and own part that computer. Why not "own" AWS, GCP, Azure etc.? Because you can't. They are part of conglomerates that come with a moral baggage th
76.
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streamofdigits
5y ago
Scenario 1: Condition on a future world that is somehow livable and sane, in mental and environmental equilibrium. Work backwards and find that "being good" is not a choice but an inescapable requirement Scenario 2: Posit that the
77.
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streamofdigits
5y ago
This is probably too pessimistic. If it was true we would not be writing this right now, we'd be still in some semi-wild state, ripping each others hearts out as battle trophy to dedicate to some imaginary god. If predatory behavior re
78.
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streamofdigits
5y ago
How can it be that the most predatory elements of society have been given so much leeway? This is not an intrinsic pattern of our species / societies or we would have devoured ourselves literally or figuratively long time ago. Obviousl
79.
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streamofdigits
5y ago
This is fantastic news at two levels: * the actual code that will be made public (in particular enabling all sorts of things to be built on top of the Commissions policy / legal know-how and rules) * the signalling, encouragement and p
80.
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streamofdigits
5y ago
> trust-less commitments seem to be at the heart of what web3 really is and that feels much harder to dismiss than owning JPEGs or speculating on currencies This is indeed the core feature of this whole genre but arguably makes it easi
81.
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streamofdigits
5y ago
Maybe dependency hell is a wicked problem and cannot really be solved? What is the gold standard to aspire to? npm is mentioned in the post but its not clear if that is just for lowering barrier to entry for new users.
82.
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streamofdigits
5y ago
Small social networks is the real "web3" opportunity. The contours and requirements to reach that next stage are still somewhat blurry: * how to make them ubiquitous (easy hosting, maintenance, moderation) * how to federate flex
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streamofdigits
5y ago
revolving doors between government / regulatory roles and private entities that stand to gain massively if they influence the legal regime to legitimize the "minted" wealth. corruption at work, in plain sight. stark analogies
84.
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streamofdigits
5y ago
I have come to appreciate hacker news because of its (broadly) critical stance on crypto. Nobody can accuse this demographic as "not understanding" the math, which is a common bullying tactic in the crypto universe. Nobody can acc
85.
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streamofdigits
5y ago
There are two logical somersaults embedded with the crypto scene in its various mutations over the last decade that undermine the whole proposition irrespective of any other value system or vision. * That digital decentralization is somehow
86.
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streamofdigits
5y ago
There is only room for one emperor without cloths
87.
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streamofdigits
5y ago
> Nobody is forcing people to use Facebook or any of Facebook's family of apps. I personally don't use FB or any of its apps for the last 10 years and I'm totally fine. Sorry, this so unbeliably the wrong attitude. Compare
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streamofdigits
5y ago
> the fundamental difference is they're not trying to create a world in which we don't trust anyone This. Massive effort and talent seems to be directed towards what is intuitively a dead end: trust is something between people,
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streamofdigits
5y ago
in principle, and in the long term, I agree that is the correct attitude. but in the short term the characteristics of the various tech building blocks shape what can be solved as "low hanging fruit" and that creates a dynamic of
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streamofdigits
5y ago
if Web2 became a dystopic Zuckerbergia and Web3 is a disguised Cryptobrosia is there maybe a chance for a Web 2.5 that doesn't suck? Like something that isn't fake techno-solutionism on steroids? What would be its building block
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