[-] phil@lymme.dynv6.net 2 points 1 month ago* (last edited 1 month ago)

Those "bozos" are desperate to capitalize on thin air, and fintech tells them to go ahead:

AI cannot be managed with outdated cost models. Business leaders should treat AI economics with the same rigor as energy or capital allocation, recognizing tokens as the new currency

https://www.deloitte.com/us/en/insights/topics/emerging-technologies/ai-tokens-how-to-navigate-spend-dynamics.html

[-] phil@lymme.dynv6.net 2 points 2 months ago

Wait, it could actually be a great opportunity mein Führer... i mean Mr. President. https://youtu.be/zZct-itCwPE

[-] phil@lymme.dynv6.net 2 points 2 months ago* (last edited 2 months ago)

AI is perfect for fueling a financial boom: great narrative, incredible promises in short and long term, huge needs and potential, and high risk that it will go terribly wrong. Bankers love that and can create unlimited credit to fuel the fire. But since they constantly create new gambling products, one can also bet that it's not fueled enough and is about to crash. Total schizophrenia.

[-] phil@lymme.dynv6.net 3 points 2 months ago

What sounded like impossible in absurdity few years ago seems to be today's norm. Is that a competition of apocalyptic claims, a new religion? Actually these guys keep on trying to convince themselves and others in order to inflate the bubble till the end. It seems to be like coke, they're so high on the power it gives them.

[-] phil@lymme.dynv6.net 1 points 2 months ago

Who actually tried this?

[-] phil@lymme.dynv6.net 2 points 3 months ago

Thanks but strangely i didn't recognize that same token ;)

Seriously i doubt that Nadella was just talking about strings of chars. An interesting paper was published the day before Nadella's talk (https://www.deloitte.com/us/en/insights/topics/emerging-technologies/ai-tokens-how-to-navigate-spend-dynamics.html):

Business leaders should treat AI economics with the same rigor as energy or capital allocation, recognizing tokens as the new currency

[-] phil@lymme.dynv6.net 1 points 3 months ago

No such issue with end-to-end encryption, as only the end user devices have the keys. It's used by Apple (that was the main argument in the FBI wanting to unlock iPhones), some messaging services like Signal and Whatsapp, only mentioning big tech. Of course, you have to trust them when it's closed source. Here the story is that Microslop chose from the beginning centralized keys that they own and can share. It' s all well known, but the news is that they really did it.

[-] phil@lymme.dynv6.net 2 points 3 months ago

Oops 🫩. It's the EU's anti-circumvention law.

Source:

[-] phil@lymme.dynv6.net 2 points 4 months ago

As i understand, Linux is under a license (GPL) which explicitly prevents closing the reuse of its code. So it's all about legal interpretation of "reuse" and so far the GPL stands up against abuses. I suppose that a company specifically targeting the source code for the intend of creating another OS might need to hire more lawyers than developers with far from certain results. But who knows, in a world where billions $ are free as soon as "AI" is mentioned in a business plan.

[-] phil@lymme.dynv6.net 3 points 4 months ago

The "money" used to buy bread is a very practical medium to exchange resources. These figures with too many digits are not real: that "money" is a result of sums of products of virtual values based on credit and speculation. The fact that the same symbol ($) is used for these two very different things sounds like a systemic bug.

[-] phil@lymme.dynv6.net 2 points 5 months ago

Those figures are just as virtual as the "success" of these fools. Sadly the damage done by this gigantic bubble is already very concrete, but its explosion might have terrible consequences for a lot of honest people.

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phil

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