Post AcPw6ZDFhuqaXOoy12 by Bongolian@universeodon.com
(DIR) More posts by Bongolian@universeodon.com
(DIR) Post #AcPoz6wvgx11AsgSfI by brewsterkahle@mastodon.archive.org
2023-12-03T00:20:48Z
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"cryptocurrencies will be the way AI's exchange value, potentially making an impact in the crypto world." paraphrase of marta belcher, filecoin foundation for the decentralized web"production with 0 margin cost for distribution make for concentration of wealth. which worries me." paraphrase of peter norvig (google AI) from this foresight institue gathering @internetarchive today. What a fab gathering.
(DIR) Post #AcPtclrxszHzCCWpXs by tahoma_photo@artsocial.boston
2023-12-03T01:11:58Z
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@brewsterkahle Sounds like buzzword soup. Crypto is dead.
(DIR) Post #AcPw6ZDFhuqaXOoy12 by Bongolian@universeodon.com
2023-12-03T01:39:25Z
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@brewsterkahle @internetarchive Besides the overpreponderance of technobabble (that you just demonstrated) in both communities, the twin problems of scamcoins/crimecoins and bullshit-generating chatbots would need to be solved first. Those two problems seem to be diminishingly low priorities in both communities.
(DIR) Post #AcQKEipWETQ5a78pcG by oblomov@sociale.network
2023-12-03T06:09:54Z
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@brewsterkahle @internetarchive 0 margin costs? Crypto and AI?
(DIR) Post #AcQebLtpeSG6CwE9FA by JoKingly@c.im
2023-12-03T09:57:27Z
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Watching with interest. Perhaps dweb and hybrix may one day be merged.@brewsterkahle @internetarchive
(DIR) Post #AcQj4dV7gjgB0otAZs by brewsterkahle@mastodon.archive.org
2023-12-03T10:49:07Z
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@tahoma_photo I would not bet money that 'crypto is dead'. Cryptocurrencies, at least, are useful for compensating transactions especially online. This has been said as "money now has an API"the point I got from the quotation is that as programs come to transact with other programs regularly (which is an interesting prediction), they will necessarily need do it in an automatable way, and cryptocurrency transactions can make this easy.
(DIR) Post #AcR2R4hx72A8tQIq8G by tahoma_photo@artsocial.boston
2023-12-03T14:25:08Z
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@brewsterkahle That’s a good point, especially the money with an API part.
(DIR) Post #AcRBUat0pUsZ9HEFlY by brewsterkahle@mastodon.archive.org
2023-12-03T16:07:32Z
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@oblomov @internetarchive the "0 marginal cost" was for distribution-- think of distributed FOSS software, or most web services. once you pay the overhead for making a piece of software or a service, having a million people have it or 10 million or 100 million is close to 0 marginal cost. And therefore it can be priced next to 0.<next>
(DIR) Post #AcRBycfEmgEDLl6Xo0 by brewsterkahle@mastodon.archive.org
2023-12-03T16:07:58Z
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@oblomov @internetarchive I think the point was that It makes it so there is unlikely to be someone else that will spend the serious money to make a competitor service because they might as well use that one because the price is so low.then there is only one (I think of the gcc compiler), and if someone monitizes that, even a little bit (think google's search engine), then they can be very wealthy.that is my interpretation of that quotation.
(DIR) Post #AcRCQimZd7A8Qxw05g by oblomov@sociale.network
2023-12-03T16:16:26Z
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@brewsterkahle @internetarchive I get it, and for FLOSS I would even be inclined to agree, but cryptocurrencies' and AI's “zero marginal cost” is purely nominal, since actually running anything on those actually has enormous costs.