this post was submitted on 15 Jan 2024
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In any scam, any con, any hustle, the big winners are the people who supply the scammers - not the scammers themselves. The kids selling dope on the corner are making less than minimum wage, while the respectable crime-bosses who own the labs clean up. Desperate "retail investors" who buy shitcoins from Superbowl ads get skinned, while the MBA bros who issue the coins make millions (in real dollars, not crypto).

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[–] [email protected] 1 points 9 months ago (1 children)

There was a 0% chance that #NeilClarke would accidentally accept one of these submissions. They were uniformly terrible. The people submitting these "stories" weren't frustrated sf writers who'd discovered a "#LifeHack" that let them turn out more brilliant prose at scale.

They were scammers who'd been scammed into thinking that AIs were the key to a life of #PassiveIncome, a 4-Hour Work-Week powered by an AI-powered self-licking ice-cream cone:

https://pod.link/1651876897/episode/995c8a778ede17d2d7cff393e5203157

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[–] [email protected] 1 points 9 months ago (2 children)

This is absolutely classic passive-income brainworms thinking. "I have a bot that can turn out plausible sentences. I will locate places where sentences can be exchanged for money, aim my bot at it, sit back, and count my winnings." It's #MBA logic on meth: find a thing people pay for, then, without bothering to understand why they pay for that thing, find a way to generate something like it at scale and bombard them with it.

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[–] [email protected] 1 points 9 months ago

@[email protected]
Well, if your bombs are cheap enough to produce and deploy, why not, carpet bomb the internet with a billion of them, and if you get a dollar for only 1/100000th of them, that's $10000 for you.

And if manage to make the $1 to be recurring monthly, ...

That was always the economy of SPAM. The handful of idiots per million emails sent who bought penis enlargement products. So we ended up with SMTP being so ugly that half a dozen big silos provide 99+% of email today.

[–] [email protected] 1 points 9 months ago (1 children)

Con artists start by conning themselves, with the idea that "you can't con an honest man." But the factor that predicts whether someone is connable isn't their honesty - it's their desperation. The kid selling drugs on the corner, the mom desperately DMing her high-school friends to sell them leggings, the cousin who insists that you get in on their shitcoin - they're all doing it because the system is rigged against them, and getting worse every day.

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[–] [email protected] 1 points 9 months ago (1 children)

These people reason - correctly - that all the people getting really rich are scamming. If Amazon can make $38b/year selling "ads" that push worse products that cost more to the top of their search results, why should the mere fact that an "opportunity" is obviously predatory and fraudulent disqualify it?

https://pluralistic.net/2023/11/29/aethelred-the-unready/#not-one-penny-for-tribute

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[–] [email protected] 1 points 9 months ago (1 children)

The quest for passive income is really the quest for a "greater fool," the economist's term for the person who relieves you of the useless crap you just overpaid for. It rots the mind, atomizes communities, shatters solidarity and breeds cynicism:

https://pluralistic.net/2023/02/24/passive-income/#swiss-cheese-security

The rise and rise of #botshit cannot be separated from this phenomenon.

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[–] [email protected] 1 points 9 months ago (1 children)

The botshit in our search-results, our social media feeds, and our in-boxes isn't making money for the enshittifiers who send it - rather, they are being hustled by someone who's selling them the "picks and shovels" for the AI gold rush:

https://www.theguardian.com/commentisfree/2024/jan/03/botshit-generative-ai-imminent-threat-democracy

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[–] [email protected] 1 points 9 months ago (1 children)

That's the true cost of all the automation-driven unemployment #CritiHype: while we're nowhere near a place where bots can steal your job, we're certainly at the point where your boss can be suckered into firing you and replacing you with a bot that fails at doing your job:

https://pluralistic.net/2024/01/11/robots-stole-my-jerb/#computer-says-no

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[–] [email protected] 1 points 9 months ago (1 children)

The manic "entrepreneurs" who've been stampeded into panic by the (correct) perception that the economy is a game of musical chairs where the number of chairs is decreasing at breakneck speed are easy marks for the Leland Stanfords of AI, who are creating generational wealth for themselves by promising that their bots will automate away all the tedious work that goes into creating value.

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[–] [email protected] 1 points 9 months ago (1 children)

Expect a lot more Amazon Marketplace products called "I'm sorry, I cannot fulfil this request as it goes against OpenAI use policy":

https://www.theverge.com/2024/1/12/24036156/openai-policy-amazon-ai-listings

No one's going to buy these products, but the AI picks-and-shovels people will still reap a fortune from the attempt. And because history repeats itself, these newly minted billionaires are continuing Leland Stanford's love affair with eugenics:

https://www.truthdig.com/dig-series/eugenics/

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[–] [email protected] 1 points 9 months ago (1 children)

The fact that AI spam doesn't pay is important to the fortunes of AI companies. Most high-value AI applications are very risk-intolerant (self-driving cars, radiology analysis, etc). An AI tool might help a human perform these tasks more accurately - by warning them of things that they've missed - but that's not how AI will turn a profit. There's no market for AI that makes your workers cost more but makes them better at their jobs:

https://locusmag.com/2023/12/commentary-cory-doctorow-what-kind-of-bubble-is-ai/

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[–] [email protected] 1 points 9 months ago (1 children)

Plenty of people think that spam might be the elusive high-value, low-risk AI application. But that's just not true. The point of AI spam is to get clicks from people who are looking for better content. It's SEO. No one reads 2000 words of algorithm-pleasiing LLM garbage over an omelette recipe and then subscribes to that site's feed.

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[–] [email protected] 1 points 9 months ago (1 children)

And the omelette recipe generates pennies for the spammer that posted it. They are doing massive volume in order to make those pennies into dollars. You don't make money by posting one spam. If every spammer had to pay the actual recovery costs (energy, chillers, capital amortization, wages) for their query, every AI spam would lose (lots of) money.

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[–] [email protected] 1 points 9 months ago (1 children)

Hustle culture and passive income are about turning other peoples' dollars into your dimes. It is a negative-sum activity, a net drain on society. Behind every seemingly successful "passive income" is a con artist who's getting rich by promising - but not delivering - that elusive passive income, and then blaming the victims for not hustling hard enough:

https://www.ftc.gov/business-guidance/blog/2023/12/blueprint-trouble

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[–] [email protected] 1 points 9 months ago (1 children)

I'm Kickstarting the audiobook for The Bezzle, sequel to Red Team Blues, narrated by #WilWheaton! Pre-order the audiobook and ebook, DRM free, as well as the hardcover. There's also bundles with Red Team Blues in ebook, audio or paperback:

http://thebezzle.org

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[–] [email protected] 1 points 9 months ago (1 children)
[–] [email protected] 1 points 9 months ago (1 children)

@[email protected] should this entire thread be on public visibility? feels like spam when you post it tbh

[–] [email protected] 1 points 9 months ago (2 children)
[–] [email protected] 1 points 9 months ago (1 children)

@[email protected] whoa thanks 😊, i didn't know you could do that

honestly still makes it kinda unreadable but i subscribe to the email newsletter anyway

[–] [email protected] 1 points 9 months ago

A nice mastodon display tip from @[email protected]