this post was submitted on 14 Jul 2024
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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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While resisting the morbid curiosity that might otherwise tempt me to follow the link, I paused to consider that one phrase, with the capital B and all. How did it come to this? What is it about this cumbersome and inefficient type of database that makes people go crazy for it? Or could they have just as easily picked some other algorithm to glorify? It would be quite a world if every data structure we invented got people believing that there's going to be a whole new industry devoted to it. Yeah, I'm working on a new project in the Hash Table industry. We're going to combine it with Sorting Algorithm technology to deliver revolutionary new techniques for optimizing pizza delivery. I would like a hundred million dollars please.
Bitcoin enables the fantasy of becoming a rent-seeking plutocrat that cannot have their wealth seized by a government nor a popular uprising.
I didn't "read" read, but I skimmed through it, and the core premise doesn't seem that much better.
I'm anti regulatory capture, which shouldn't be a complicated stance, but the government just isn't actively suppressing new tech industries. They're slow and reactionary.
They didn't regulate junk crypto shit until way after people got scammed out of millions of dollars, and that regulation is mostly about exchanges involved real money being documented and taxed.
They are trying to regulate "AI", (and mostly shouldn't, except energy use) but again, after it became a massive industry with billions of dollars thrown around. And it's a pretty weak response, way after massive amounts of noise about IP and heavy lobbying from the "new industry" they're supposedly trying to prevent.
There's also a fucking bunch of noise that doesn't actually say anything.