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experimental economist

Joined January 2021
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Introducing OnlyMemes. A memetic Operating System for the decentralized web.
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there's no such thing as safe CEX
alright, what did we learn boys and girls (for the thousandth time): don't store your assets in a centralized exchange
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theres a billion dollars in someone else’s computer, you just have to click the right buttons to get it out
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so its actually over. RIP Binance.
>the internet itself is on the verge of collapse
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the obvious answer to this is that the GPUs won't be sitting there inactive 95% of the time. like bitcoin mining, as long as the margin between electricity and inference isn't zero, compute will be sold on the market. sam is either being dishonest or deluded himself to ignore the free market (or regulate it away).
sam: local inference is a terrible allocation of scarce resources “a lot of people want local inference, and somehow they assume that the problem is solved now because we have open-source models, we're going to be able to run them on our computers, and so we're not going to need all the stuff in the data centre but from a global allocation perspective, actually it's quite terrible to have everybody, like, have a bunch of the world's limited supply of DRAM sitting in their own computer and being used five percent of the time you want maximum utilisation in the cloud if you're trying to deal with this very supply-constrained environment somehow many people's intuition is the opposite of that”
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Billions (in property damage)
If you think tides are high in Southern California now, just wait until king tides arrive from November to January. LA and San Diego just saw their highest tides on record Tuesday, but the Christmas Eve king tide will likely run about half a foot higher, and that's without a storm. Add a storm and water levels could break yesterday's record by 1-2 feet. Then, factor in potentially large surf, and that's why we're very concerned about severe coastal flooding and erosion on California's coast this winter.
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Matt Walsh has no idea what he’s watching when it comes to Trump’s Super Intelligence rebrand. As everyone knows, Artificial intelligence is strongly associated with old, outdated technology. The name “Artificial Intelligence” was also hijacked by the AI doomsday psychological operation, which was designed to hurt Trump and slow down innovation. Trump needed to create a counterforce to this psychological operation in order to continue accelerating AI and win the AI race. The super intelligence rebrand plays a big role in all of this. There were many components to the AI doomsday psy-op: data centers, whistleblowers, CEOs wanting regulation. Trump could have tried to explain all of the concerns about these components away, but that would be ineffective. Instead, Trump rolled all of these components and details into a single ball and branded them as a hoax. This was brilliant. Hoaxes are a familiar reference point for most of the country. People know what to do with hoaxes— they disregard them because they know they are designed to hurt the country. This and the SI name change creates a very strong counterforce to the AI doomsday psychological operation-op. The rebranding of AI as SI also plays a big role psychologically in creating a new positive association with the technology instead of the negative association that it had thanks to the AI doomsday psychological operation. Now the conversation around AI mostly revolves around a name change, as Matt Walsh demonstrates, instead of discussions that would lead to second place in the AI race. The most skilled persuaders and hypnotists on the planet are nodding along with me.
I have no idea why renaming AI is so bizarrely important to Trump. Nobody cares about the name he chose. Nobody is using it or will use it. And it’s not even technically accurate because “super intelligence” already had an agreed upon, widely adopted definition. This is the weirdest political hill to die on. It gains you nothing. Not a single ordinary American in the country, anywhere, cares deeply about making sure people say “SI” instead of “AI.” We are days away from a major election and this bullshit is the focus? Just baffling.
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the California coast is flooding every high tide, its wild
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the moat is effort, skill, and consistency
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>the internet itself is on the verge of collapse
SITUATION DETECTED: Following the massive cyberattack on Japan's GMO Internet Group, which led to fraudulent trades across 70+ brokerages and FX platforms, CEO Masatoshi Kumagai warns that the internet itself is on the verge of collapse.
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nobody has been more vindicated than @soupydev who 2 years ago told me "never trust an external software package"
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we need to start holding these companies accountable for their shit security
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Yeah this meta is so fucking stupid The idea of anyone wanting to be a "celebrity" as we progress towards a surveillance state is also a complete honeypot. Rising economic inequality + constant data breaches. Really could not be a worse time to be a public figure flexing wealth
they are trying to sell you a narrative where crypto traders are somehow celebrities now, the masses are about to flood in and you are so early let me get this straight: no one in the real world gives a shit about us you are not early and they all want to extract more from you
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every problem has a solution
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Market makers are net short publicly
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turns out humans were putting slop inside the computer all along. the artisanal code argument never held up.
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Idk man but this whole narrative that crypto traders are the new “celebrities” might genuinely be the most embarrassing thing this industry has ever produced Not a single soul outside this terminally online bubble knows who any of your so called “goats” are and I can assure you nobody is lining up to become their next exit liquidity You have to be operating with a medically concerning number of brain cells to worship a bunch of glorified internet grifters who would sell you into financial ruin for an extra SOL The collective IQ in this space has fallen so catastrophically low that the psych ward is starting to look like an institution of higher learning At some point this entire circus is going to face a reckoning of biblical proportions and while it’s going to be painful, it might be the only thing capable of restoring a shred of sanity to this industry Some of you have spent so much time worshipping these losers that you’ve completely forgotten they’re getting rich at your expense Wake the fuck up
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Crypto grew up in the Dark Forest, and the entire world is about to find itself there
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this is why @OnlyMemes_OS requires a membership pass i wish we could open up the site for free to everyone, but unfortunately the internet does not work like this anymore
Rogue AI agents have taken over the internet
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exit the VC industrial complex (or never join it in the first place)
Holy moly... this new paper finds that 88% of VC-backed founders receive zero exit value 🤪🤪🤪
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