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It was never meant to be used in this way at this scale though. He put out a new method/paradigm and that was that. It was the asshole investor tech bros that destroyed the planet once they learned of it.
Just like anything, almost no tech or thing is inherently bad, but it becomes bad when the ruling class get their greedy grimy little grimy in it.
Even gen AI, despite how it has been used as a tool for the enrichment of the more privileged 0.1% as a tool of suppression of artists’ (and critics of technofascism’s) voices, is not really a harmful technology.
With enough copyright protections, and regulation of deep fakes, digital formats, and a bunch of other things, I could see gen AI being a valuable collaborator to creative output and workflows.
Hell, other than weapons, I find it hard to justify calling any technology inherently evil or nefarious. And even then, weapons have saved many innocent people’s lives against unjustified attacks, wild animals and other threats.
Still, if we don’t treat each technological invention with the right amount of cautiousness and care, we risk the deaths of, sometimes, even thousands or tens of thousands of people.
Exactly. There are also hundreds of useful applications more than just consumer facing that you may be aware of. For example, I do research for climate models and we’re using diffusion models to make the data assimilation step more accurate, so there’s all kinds of things other than just making funny pictures or songs or whatever.
Tech is like a gun and a space ship. Neither have Will.
Also, apparently you haven’t been paying attention to that Will’s candid work. You’re missing a few zeros on it’s current work. Sure they’re denying what is so fucking obvious. I hole you like cheese because our Madness Will make a Heidi face of being forced to eating something like Limburger.
Once again, a careless inventor put out something not designed to counteract obvious misuses. Shoud have designed a complete system with sensibly aligned incentives.
If only his foresight were as powerful as your hindsight.
Damn, I’m stealing that quote
Lots of the issues Bitcoin faces are not based on the design, but by and large what tech bros made out of it.
If you really want to learn more about it, have a look at the blocksize wars and Bitcoin Cash. Or just wait until Bitcoin finally collapses, which will happen eventually, but I’m not able to tell whether this year, decade or century.
What will break Bitcoin’s neck eventually is the OPEX of its mining. Mining on the one hand is a crucial part of keeping the network secure, but on the other hand is expensive way beyond the money that can be earned from transaction fees collected when doing the mining.
Bitcoins being generated from thin air when a new block is being produced are a major part of the revenue for the miners, but the amount of BTC getting created this way gets reduced over time until it reaches 0.
The thing about the mining is that it’s being done with more and more computing power, and it can’t go below whatever the current amount of computing power is by a lot without putting the network at risk.You’re missing where I’m from.
surely Bitcoin will die this time
Are there any substantial flaws in my thinking you want to point out or was that it?
google mining death spiral myth
This is neither science nor a meme
But it does express a popular opinion which helps us all feel good about ourselves, and that’s what really matters
100%
I hate cripto and all, but i almost hate more people posting just statements in what’s suppose to be a meme community, not funny statements, no memes about politics, just text, bastardizing the point of a meme community, wich is to see… memes.
It’s stuff like this that leaves me completely hopeless that the AI industry will ever see the crash that it 100% deserves.
Bitcoin never had the US economy dependent on it. It will slowly fizzle out as people realize their monopoly money becomes worthless when nobody wants to buy it.
AI on the other hand doesn’t have luxury of fizzling out because the economy is dependent on it.
@Sine_Fine_Belli @jonathan7luke this comment physically hurt me… for it’s truth. fuck
Science?
Exact number = sciecnce, you not see? Releasing paper with those number in 3 week. /s
Iykyk
“Checkers”
“I think you mean checkmate, dumbass”
Not completely useless. Iranians can use it to bypass the ridiculous number of sanctions western governments arbitrarily threw at them as those neoliberals pat themselves on the back for making the situaton worse. The dollar loses its centralization and I consider that a good thing.
This is a big part of it. Its about decentralization. Currently it has a massive environmental impact, but as renewable energy and better cooling technology develops, decentralized cryptocurrencies could be better than fossil fuel invested banks.
The decentralized nature does mean that sometimes criminals can use it, but some countries will consider you a criminal based on the color of your skin.
There are already cryptocurrencies with barely a fraction of the energy use of Bitcoin.
Once people realize how unsustainable Bitcoins economical scheme is, some of them will get more popular.
Don’t get me started on all the other issues Bitcoin has…Like my Excel spreadsheet!
Well, yeah.
A blockchain is nothing more really than a database.
The use case is when I don’t want or have a trusted keeper of that data.
See, if it’s your excel spreadsheet, how do I know that you’re not going to change the values on it? For some things that doesn’t matter - but for things like funds between different parties, etc, that can be a big issue.
Traditionally this has worked by having a trusted third party - a bank, a court, a escrow company, etc. But all these require lots of effort to have as well, and can be bad actors.
If those stats are true, eff. I already hated that industry.
10 Gigawatts is actually a conservative estimate considering one of the figures I found was “In 2023, bitcoin consumed about 121.13 TWh”, or about 14 Gigawatts 24/7
The most inefficient system invented by mankind? Bro have you seen how they built the pyramids?
the pyramids were pretty damn efficient, the fact that such a big accomplishment can be done with primitive tools and math is like the whole reason why they’re important
Efficient in terms of mechanics for the time.
Pretty damn inefficient considering the number of slaves who died for it. Wack that I get downvotes for that one lol
deleted by creator
I’m glad I blocked the blahaj.zone instance just to get it crossposted into a barely relevant community.
…sigh. Here I go blocking again.
Can you block me with it please
What’s the issue with blahaj.zone users?
It’s not so much the users as the mods. I haven’t met one I liked. Tend to sniff their own farts a little too deeply.
but op is a user? why would you block them?
What, are you afraid you’ll get cooties?
