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Every disaster, man-made or not, will be used to drive shock therapy.

Look at stock prices trajectory before and after COVID.

When this bubble bursts, the ensuing chaos will be used in a similar manner.


Every praise of LLM is invariably preceded by some form of "I don't really understand their output but it looks great". That right there is the strongest signal I've caught so far that the whole thing is just a funny money pyramid.

In Sirens of Titan Vonnegut tells a story where governments decided to boost the space industry to drive aggregate demand.

This is exactly what is happening. When you realize that the whole thing is predicated on building and selling more $100,000 GPUs (and the solution to every problem therein is to use even more GPUs), everything really comes into focus.


Well, I don't really understand the detailed content of executables compiled by GCC/LLVM either, but I am not going to go back to writing assembly language. Having said that, I am old enough to remember worrying about compiler bugs, just like today I worry about LLM hallucinated vibe code. The hope is that we'll figure out how to make it more reliable---and I believe there seems to be a clear path forward.


Wait until you study history and find out that automation in the English textile industry enabled them to rip out and destroy the textile industry of India which led to the destabilization of an entire civilization and ultimately to hundreds of millions of deaths through famine, rebellion suppression and disease over a couple of centuries.


When you automate a system, you end up with at least three systems: the one doing the automated work, a control system, and a supply system to deliver and maintain it.

Automating work, contrary to most discourse around it, doesn't simplify things, doesn't make them more secure, and doesn't reduce employment.

Automating increases complexity non-linearly and makes things overall more fragile, and demand more human labor.

This can only work when population and education levels grow steadily. All these systems we build and collectively call civilization only exist and thrive because they are a reflection of the enormous complexity that self reproducing and complex-language enabled monkeys could engender by burning biomass accumulated for millions of years and using that surplus energy.

When our population numbers, and the complexity of our symbolic systems start to decline, we will bring all of these down systems with us.


> The crypto bubble seems like it has just slowly stopped growing and slowly stopped getting larger

Bitcoin is now worth 2.3 trillion dollars. The price graph looks like a hockey stick. For tokens in a self contained ledger system.

You may be conflating hype and bubble.


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