2025 old. still laughable to read
Man I should start an AI company so I could sell it to one of those jackasses.
i watched a video of an interview with Warren. Buffet about 2 years ago and he was asked at the business difference between when he was getting started and now, he thought for a few seconds then opined it was much easier now if you had questionable ethics, as there was lots of money being thrown around on the most ridiculous of ideas.
It is not like google is now devoid of labelled crap data. After you tick couple boxes correctly to make google rewards trust you, you can basically upload a receipt that is from another continent from a totally unrelated shop and google still accepts it without even doing the most basic checks like address and date verification.
Well they’re shutting down the Metaverse which they literally renamed the company for.
So presumably they’re running a real tight ship over there.
Ha ha, everyone hated it from the start. I think he put a lot of money into it too. Like tens of billions into developing this metaverse. No doubt he’s surrounded by yes men and yes woman that tell him what a genius and visionary he is, and has removed anyone that would have told him, bro, no one wants this metaverse.
The story of all the money he blew on the metaverse has legs, unlike the metaverse.
People do want something similar to it, but their version of it always seemed so like… too clean. Like they were afraid to have anything remotely controversial on it when in reality the biggest market for this kind of stuff are the furries that fill VR Chat, but Meta doesn’t have the balls to cater to horny furries.
Yeah, they basically saw the Miis of the wii and thought “everyone wants to model their whole social interactions based on these sorts of avatars”
The Miis were adequate self inserts into the motion games, but Zuck thought people wanted them more.
Hahaha. You missed your chance, should have done a sales pitch to Zuck.
If they went for a person to person sex mode in VR the market would have been a lot bigger than just furries. Zucklack’s vision.
Yeah, they’re trying to package and sell the beige sterilized online VR experience. And even aside from the sex stuff it’s a way more boring way to go about it.
even paid a million to kiss the ring. what a maroon
50-80 billion. That’s a lotta schools man. Like 10,000 schools one in every town.
Imagine how he could have improved society for the people with that kind of loose cash but then we wouldn’t have several thousands of versions of “Gorilla Tag”.
They just closed down the metaverse after spending $50+ B
Why can’t the next Big Tech hype cycle be planting sustainable agriculture or reducing carbon emissions?
I decided to start sustainable agriculture. Plucking boulders out of the ground keeps my mind off the horrors of reality. Adding a little beauty to the world and having bird friends is dank. 10/10 would recommend.
Be careful what you wish for, even if they ostensibly do it, they will tech bro it up and ruin it.
See how frequently they like to reinvent trains, poorly. Falling to understand what people already understand, think they know better because AI or some bullshit. And suck investor money away from people who actually know how to do the stuff and push them out of the market.
Company name (ScaleAI), is the most Actual Indians AI business model ever.
I missed working during the dot com boom, but I heard some crazy stories from older coworkers. Like showing up at 10am hungover, playing video games until the CEO came in around noon coked out of his gourd, then hitting up the strip club at 4 on the company dime.
Then one day they get there and the CEO says “sorry guys, money ran out, go home.”
I can’t imagine what it’s like at these AI startups with orders of magnitude more money to burn.
My dad worked during the heyday of the .com era - he once had a CFO who would just go on benders for like 4-5 days, wake up in some foreign country surrounded by hookers and blow (like, very literally, not as a futurama reference), then just fly back and act like nothing happened.
When I worked for Oracle I had to take yearly training to tell me in no uncertain terms that I am NOT allowed to buy hookers for customers OR potential customers. And I was an engineer.
I just wonder what the hell happened that they had to do that.
They used to have a hooker tent at CES. Seriously.
Also the porn companies had booths at CES showcasing porn on VHS
Was it a luxury tent at least?
no, but with the blow you didn’t really care.
My company wouldn’t even let us expense tips at restaurants.
Somebody put hookers on their expense report for reimbursement: “She was for a client!”
Seriously, they said it’s not a valid expense like five times. WTF Oracle.
We had a CTO who was a massive coke fiend as well. Dumb as dirt, only had his position because he was married to the daughter of the company’s founder. We once had a client who had been with us for ten years visit and this CTO wandered into a meeting with them and babbled for 45 minutes and then suddenly said “so … does it sound like you guys would like to do business with us?”
He eventually divorced the daughter, who was friends with many of the employees and aired her dirty laundry on Facebook so we all got to see it. Apparently her nickname for him was “ol’ three inches two minutes”.
I worked for a startup in 1996. We were desperate for cash and started sucking up to RJR Nabisco’s venture capital division. Yes, the tobacco companies were so overloaded with cash that they got into venture capital just to have somewhere to put some of it. We had some of these guys (and gals, to be fair) visit our office for a whole day. We were a non-smoking office in a non-smoking building but these motherfuckers chain-smoked in the conference room the entire time. We had no ventilation and the smoke was so thick you couldn’t see the end of the fucking hallway. I kept walking past the conference room and coughing loudly (although I was hardly faking it) and my bosses got pissed and sent me home. I wasn’t fired because I was the only person who knew how the code worked.
We got no money from them. The only good thing about this story was that probably all those RJR Nabisco vultures died horrible deaths from lung cancer and emphysema. The only Internet-startup thing we had in the office was a fucking ping pong table, which would have been great except the CEO was absolutely fantastic at it and would obliterate us while saying “good shot” and “way to go” and “almost” the whole time.
I should join an AI startup
It sounds really easy and you could make billions! You should do it and let us know how it goes lol
I will invest!
Here’s a dollar. I now own 10% of your AI.
What? Yes I know I just spent real money, on a product that doesn’t exist, running in a data center that hasn’t been built yet, chasing profits that are impossible to achieve.
Isn’t that what everyone is doing?
Sorry, my totally real and not made-up valuation is already at $1BN.
I’ll still take your dollar tho
And offer you a pre-order for $10 worth of use of my not yet existing machine.
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If we can’t get billionaires to pay taxes and stay out of politics then at least they are stupid enough and have enough hubris to spend billions and years on stupid vanity projects that go nowhere so that they will eventually lose said billions.
The problem is that many of them are so disproportionately rich that they’ll die buried in money even if they spend on stupid things their whole life.
How many of these are just ways of making sums of money disappear
They all do that, at least.
What do you expect from a company whose specialty is offloading cognition?
Also the company that changed their name to Meta and finally folded in the Metaverse after billions in losses
Guys, I can light $14b on fire at least as well as they can.
Speaking from experience, a $14b bonfire doesn’t really compare to a $14b clown show of ludicrous incompetence.
“It’s not about the money. It’s about sending a message.” -Mark “Not the Joker” Zuckerberg
The joker burned the money. A deflationary move that helps the working class.
Mild inflation helps the poor by letting them repay debts in cheaper dollars.
Deflation helps those who hoard money.
Good
