9 Matching Annotations
  1. Last 7 days
    1. misled investors by exploiting the promise and allure of AI technology to build a false narrative about innovation that never existed. This type of deception not only victimizes innocent investors

      The crime was misleading investors, not anyone else, which is very telling. The hype around "AI" - and actually hiring remote workers to do the job - and misleading customers/users doesn't matter.

    2. In truth, nate relied heavily on teams of human workers—primarily located overseas—to manually process transactions in secret, mimicking what users believed was being done by automation

      Yet another example of "AI" being neither artificial nor intelligent.

    1. If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas. George Bernard Shaw never said these words, but Charles F. Brannan did.

      Great quote about the non-scarcity of ideas. Compare to Thomas Jefferson's quote about candles.

    1. In his book The Public Domain, the copyright scholar James Boyle talks about the political salience of the term "ecology." Boyle recounts how, prior to the rise of the word "ecology," there were many standalone issues, but no movement. Sure, you care about owls, and I care about the ozone layer, but what does the gaseous composition of the upper atmosphere have to do with the destiny of charismatic nocturnal avians? https://thepublicdomain.org/thepublicdomain1.pdf The term "ecology" welded all these thousands of issues together into a movement. When I look at the incredible, organic, bottom-up surge of antitrust energy, the only explanation I can find is that something similar is happening here. Concentrated corporate power is the common enemy of beer drinkers, surgeons, shippers, patients, farmers, grocery shoppers, social media users, any anyone who wears sneakers: https://www.openmarketsinstitute.org/learn/monopoly-by-the-numbers

      James Boyle's quote about "ecology" in bringing about a movement.

  2. Feb 2025
    1. As the introduction has already shown, in our current system this makes total sense: Because you need to become the one company for a thing. The central social media platform, the shopping platform, the whatever. Even startups adopt the practices and methods of bigger cooperation – because that’s their aspiration: Becoming the next Goomazonbook.

      I like the term "Goomazonbook".

    2. Some of you might have heard the phrase “corporations don’t want to make money, they want to make all the money” (I think I heard it first from James Stephanie Sterling talking about video game publishers).

      Useful quote "corporations don’t want to make money, they want to make all the money".

  3. Jun 2024
    1. A gyrotron uses high-power, linear-beam vacuum tubes to generate millimeter-length electromagnetic waves. Invented by Soviet scientists in the 1960s, gyrotrons are used in nuclear fusion research experiments to heat and control plasma. Quaise has raised $95 million from investors, including Japan’s Mitsubishi, to develop technology that would enable it to quickly and efficiently drill up to 20 km deep, closer to the Earth’s core than ever before

      Fusion power tech adapted to ease geothermal power. IMO a good example of remixing knowledge from one domain to another. And, for example, if you think fusion isn't worth pursuing, then we might not get this cross-cutting adaptation that's valuable for advancing renewable energy.

  4. Feb 2024
    1. Oh, compliance moats are definitely real – think of the calls for AI companies to license their training data. AI companies can easily do this – they'll just buy training data from giant media companies – the very same companies that hope to use models to replace creative workers with algorithms. Create a new copyright over training data won't eliminate AI – it'll just confine AI to the largest, best capitalized companies, who will gladly provide tools to corporations hoping to fire their workforces: https://pluralistic.net/2023/02/09/ai-monkeys-paw/#bullied-schoolkids

      Concentration of power.