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RE: mas.to/@trendsbot/116211553284…

When USSR was crumbling, factories were also paying workers in products they manufactured.

This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").

Here:

👉 "printing money" part is paying employees in tokens

👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)

:blobcatpopcornnom:

#AI

#ai
in reply to Michał "rysiek" Woźniak · 🇺🇦

OpenAI is doing this because the investment money is drying out – Nvidia for example is not keen in dumping more money into this particular dumpster fire:
reuters.com/business/nvidia-wi…

OpenAI business plan used to be:
1. build "AGI"
2. ask it how to make money
3. profit!!1!

A bit over a year ago Altman claimed OpenAI "knows how to build AGI". End of last year Altman started saying "AGI is not a useful term". So that plan fell apart. 🤡

New plan: company town economy!

in reply to Michał "rysiek" Woźniak · 🇺🇦

If employees are paid in tokens that means employees are *paying* for tokens out of their own pockets.

No different than mining company town folks having to buy (or rent!) boots and work clothing from the company that employs them. At "special" rates, no doubt.

By the way this should tell you all you need to know what class "white collar" vibe coders and broader IT folks are.

Hint: no, you're not running the company town, you're renting your tools from your factory owner. :blobcatcoffee:

in reply to Michał "rysiek" Woźniak · 🇺🇦

It's even worse for OpenAI — NVIDIA not only walked back its $100 billion investment promise, but is now spending $26 billion building its own AI models instead wired.com/story/nvidia-investi…
in reply to Michał "rysiek" Woźniak · 🇺🇦

I swear, Rysiek, those people are truly getting more and more on my nerves… they and their crony fellows and their corrupt friends… 🤢

Hardware is bought by them… so that we use their cloud…

They are all in the same boat… data is the new gold; let's kill E2EE and train our slop generators with everyone's messages…

Move fast and break their minds and societies…

rollingstone.com/culture/cultu…

medium.com/@markus_brinsa/ai-c…

Let's pay our workers in sh*t and force them to use it to pay…🤢🤢🤢

This entry was edited (4 days ago)
in reply to Michał "rysiek" Woźniak · 🇺🇦

"I am increasingly asked during candidate interviews how much dedicated inference compute they will have to build with Codex,"

What the hell? That's like if I interview a chef for my restaurant and they ask me how much time they get on the microwave.