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Five Levels of Hype

johannesklingebiel.de

61–70 of 106 posts

Re: Five Levels of Hype

#61

Earlier quoted context omitted.

Covid coming from a lab is 'leaving science"? Well I'm glad whoever made that chart has it all figured out.

Yes, they need to update that list. Jamie Metzel [1] makes a very rational case that the Lab Leak theory is very likely. Check out is interview with Lex. It's more than 4 hours long (!), but worth a listen. [1] https://jamiemetzl.com/origins-of-sars-cov-2/

I think there are two theories that get conflated: 1) it was experimentation and leaked out of the lab accidentally and 2) it was weaponization and leaked out of the lab intentionally.

I think sometimes one person says the former and another hears the latter and vice versa.

Re: Five Levels of Hype

#62
I wish the chart had a negative dimension as well, or if not a negative one, then increase the number of levels of hype.

I say this because as I read it, I think how little hype I put into some of my work, so little that it may not even register on the base level of hype. The downplaying, even discounting successes or achievements I've attained with products and such.

Perhaps such things don't belong there as they're almost the opposite of hype, and yet I think it would help me see the full spectrum of promotion and help me navigate it more confidently.

Re: Five Levels of Hype

#63

Earlier quoted context omitted.

Crypto is not practical or fair by design. It needs a steady supply of greater fools to operate, and the only future it's capable of creating is one where everything is monetized, corporatized and the wealthy is in charge, with no recourse for the rest of us. https://www.youtube.com/watch?v=YQ_xWvX1n9g

I really did not like that video. There are some interesting ideas but the tone is insufferable for me, not a fan of superficial punchlines and logical fallacies wrapped as deep thoughts, no matter if I agree or not with the point.

>superficial punchlines and logical fallacies

I thought the writing and editing were excellent and well thought out. Can you give a specific example of when a logical fallacy was employed in the video?

Re: Five Levels of Hype

#64
post #34

> Examples here are (again) the cryptocurrency scene which has been pretty good at othering critics as “no-coiners” or lately with the phrase “have fun staying poor”. I’m somebody that spends a good deal of time thinking deeply on cryptocurrencies and the implications to society. I believe they a positive, revolutionary step in the right direction of human liberty. And I’ll gladly acknowledge that it’s still speculat…

IMO the technology blockchain has only demonstrated success in 1 application which is cryptocurrency. Cryptocurrency has only demonstrated success in 2 applications: speculative investment and illegal online purchases. I would include NFT’s under the speculative investment category. These applications are obviously problematic for 3 main reasons: it wastes enormous amounts of energy, the investment is often at the ex…

I disagree. I use crypto to protect against high inflation in my country and mantain the value of the fruits of my labour. Where does that fit in your categories?

Crypto and DeFi have a lot of applications, especially in third world countries with bad financial systems.

Re: Five Levels of Hype

#65

I wish the chart had a negative dimension as well, or if not a negative one, then increase the number of levels of hype. I say this because as I read it, I think how little hype I put into some of my work, so little that it may not even register on the base level of hype. The downplaying, even discounting successes or achievements I've attained with products and such. Perhaps such things don't belong there as they're…

Good idea.

I was also thinking about 'negativity', but more along the lines of: I'm missing the author saying what the legal gray areas are. I mean, in level 2 he already talks about "fraud". ;)

Re: Five Levels of Hype

#66

I wish the chart had a negative dimension as well, or if not a negative one, then increase the number of levels of hype. I say this because as I read it, I think how little hype I put into some of my work, so little that it may not even register on the base level of hype. The downplaying, even discounting successes or achievements I've attained with products and such. Perhaps such things don't belong there as they're…

Good idea. I was also thinking about 'negativity', but more along the lines of: I'm missing the author saying what the legal gray areas are. I mean, in level 2 he already talks about "fraud". ;)

Ah yea, I like that idea of maybe talking about the legal risks or overall cons (pun intended) of the different levels :-)

Re: Five Levels of Hype

#67

Earlier quoted context omitted.

Crypto is not practical or fair by design. It needs a steady supply of greater fools to operate, and the only future it's capable of creating is one where everything is monetized, corporatized and the wealthy is in charge, with no recourse for the rest of us. https://www.youtube.com/watch?v=YQ_xWvX1n9g

I really did not like that video. There are some interesting ideas but the tone is insufferable for me, not a fan of superficial punchlines and logical fallacies wrapped as deep thoughts, no matter if I agree or not with the point.

I watched the whole thing, which is too long. He gets a bit carried away at some points, but he doesn't seem to be factually wrong.

He makes a good point - cryptocurrencies are a transfer of money from late adopters to early adopters. That's implicit in anything where "line goes up" but there is no revenue, no dividends, it's zero sum, and there's no exit.

The NFT thing seems to be on the way out. The NFT industry is Axie Infinity, OpenSea, Bored Ape Yacht Club, and the little guys. Axie Infinity recently crashed hard. Their Smooth Love Potion token, the one players grind for, is down to $0.01246 (was around $0.35 at peak). Their other token, Axie, is down to about half the peak. OpenSea seems to be stalling out with limited liquidity - too many items with high prices but no bids. People are frantically issuing new NFTs every day, but the available sucker supply seems to have dried up. It's hard to tell, because wash sales to pump the price are so easy in the NFT space. This whole thing is starting to look like Pet Rock 2.0.

Bitcoin and Etherium don't look so good right now. Both are around half of peak.

Re: Five Levels of Hype

#68

Earlier quoted context omitted.

IMO the technology blockchain has only demonstrated success in 1 application which is cryptocurrency. Cryptocurrency has only demonstrated success in 2 applications: speculative investment and illegal online purchases. I would include NFT’s under the speculative investment category. These applications are obviously problematic for 3 main reasons: it wastes enormous amounts of energy, the investment is often at the ex…

I disagree. I use crypto to protect against high inflation in my country and mantain the value of the fruits of my labour. Where does that fit in your categories? Crypto and DeFi have a lot of applications, especially in third world countries with bad financial systems.

> I use crypto to protect against high inflation in my country and mantain the value of the fruits of my labour. Where does that fit in your categories?

This is obviously speculative investment.

(Even if your local currency is so horrendous it lost more value than Bitcoin this month, less volatile ways of hedging exist. Maybe you bought lower or changed cryptoassets so you've gained far more than BTC fell, but that's speculative investment and trading, not maintaining value)

Re: Five Levels of Hype

#69

Earlier quoted context omitted.

Narrow streets can be equipped with some kind of helping beacons one day, much like they were equipped with street lamps and canalization in the previous centuries. Anyway, this is a fairly low percentage of the total street network. Even in Prague the medieval center is smallish (and many of those streets are off-limits to regular car traffic).

> Narrow streets can be equipped with some kind of helping beacons one day That changes the goal posts in my opinion. The “self” part of “self-driving” no longer applies.

Does it matter? If investing in smart infrastructure is what it takes to recognize this reality, who is this a downside for? It's like saying we can't build any more intersections because we'd have to buy traffic lights.

Re: Five Levels of Hype

#70
post #30

Why would having a technology as a part of group identity lead to utopian claims? Unless the group/technology feels threatened. Linux is an important part of my identity and I will happily watch how infidels struggle with their malware-ridden proprietary tech, knowing most of them can't be saved anyway.

I'm a Linux fanboy too, but let's not fool ourselves. If Linux ever went "mainstream", then the amount of malware targeting it would rise precipitously. See: Android

Linux doesn't need malware because what use can scammers get out of someone who can't even afford a MacBook? /s
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