this post was submitted on 10 Jul 2025
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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The complaints about NFTs were always that they were stupid and useless. The complaints about AI are primarily that it's unethical.
Guess which of these things Capitalism doesn't care about
That's wrong on both counts.
The complaints about NFTs were also that they were unethical - consumed a shitton of electricity for no reason, sustained themselves mostly by scams and rugpulls. The chief use case of crypto has always been crime and money laundering.
The complaints about AI are that it fucking sucks and results in a truly insane waste of resources towards something that doesn't solve literally any problems, like NFTs squared. The unethical aspect of it all is just a cherry on top that makes using LLMs a no-go even if it happened to kinda work for your problem.
Not really. It's unethical, and also stupid and useless, if you scratch its shiny surface only just a little bit. When was the last time I needed careless slop? I can't remember really. I need slop as much as I need overpriced digital ape pictures.
the reason why we’re calling AI a bubble isn’t because we think the people illegally running gas generators to power their datacenters have suddenly grown a conscience
we’re calling it a bubble because just like with NFTs, there’s no use case for LLMs or generative AI that stands up to even mild scrutiny, but the people funneling money into this crap don’t seem to have noticed yet
This is why I dislike the narrative that we should resist "AI" with all our power because supposedly, if our employers got us to train the chatbots, they would become super smart and would be able to replace us in no time. In my view, this is simply not true, as the past years have shown. Spreading this narrative (no matter how well-intentioned) will only empower the AI grifters and reinforce employers' beliefs that they could easily lay off people and replace them with slop generators because supposedly the tech can do it all.
There are other very good reasons to fight the slop generators, but this is not one of them, in my view.