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Digital collectibles on Instagram is winding down

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Re: Digital collectibles on Instagram is winding down

#61

Post by currymj »

cableshaft wrote: post #51
inconceivable wrote: post #22

Earlier quoted context omitted.

just wait until they start really attacking AI. they'll roll out the same playbook. 1. dangerous new technology 2. that uses far too much energy (more than the entire country of X!) 3. do we really know how it works? 4. controlled by a shadowy cabal of super-coders 5. followed by a litany of anecdotal stories about victims of AI 6. and increasingly frequent and increasingly negative coverage of those getting rich off…

You're getting downvoted but you shouldn't be. There's already discussion about ChatGPT's energy usage, and once this starts scaling more, there's going to be more and more people concerned. Hell, I'm already a bit concerned with its energy usage, and I'm already struggling being a fan of crypto while also being concerned for the environment (didn't use to have to be, crypto didn't use a ton of energy 8+ years ago).…

this has always struck me as a weird argument. one could make a very rough comparison to the energy required to run a gaming PC for an hour, and the energy (inference + amortizing the training run) to run a conversation with ChatGPT for an hour, they're probably order-of-magnitude comparable. But there is no serious concern by anyone for the climate impact of PC gaming. It's just fundamentally that computers require electricity to run.

If the dreams of companies making large sequence models do come to pass, and they really do scale up to where training and running large sequence models is a significant portion of world electricity usage, then of course it becomes a real problem, but the same would be true for any large electricity-intensive industry.

Re: Digital collectibles on Instagram is winding down

#62

Post by gumballindie »

DisposableDave wrote: post #3

Sorry for the off-topic. This whole NFT debacle would be fun for me if it didn't cost me a dear friend; he's been working full-time on his "collection" for almost two years now, convinced he's "just around the corner of making millions" out of it when it's obvious the ship has long sailed. I guess there's more to it than just NFT craze, and he's probably struggling with other things, but his new "know-it-all NFT bro"…

> but his new "know-it-all NFT bro" persona

A bit like the emerging ai bros. Every few years we get these types bubbling up. I admire their commitment but some need a break.

Re: Digital collectibles on Instagram is winding down

#63

Post by exitb »

lowkey_ wrote: post #52
theK wrote: post #25

Earlier quoted context omitted.

I think I know what you are trying to say, but there night be an issue with your metaphor. The whole point of an NFT is that you don't have to take it with you as you owning it is chain state.

Out of curiosity (not into crypto so very little knowledge), what do you have to take with you to be able to view the NFT?

The NFT does not contain the asset itself, it’s just a meta-document that points to the asset. So if that pointer is a URL, the answer would probably be “a good chunk of the internet”.

Re: Digital collectibles on Instagram is winding down

#64

Post by [deleted] »

cableshaft wrote: post #51
inconceivable wrote: post #22

Earlier quoted context omitted.

just wait until they start really attacking AI. they'll roll out the same playbook. 1. dangerous new technology 2. that uses far too much energy (more than the entire country of X!) 3. do we really know how it works? 4. controlled by a shadowy cabal of super-coders 5. followed by a litany of anecdotal stories about victims of AI 6. and increasingly frequent and increasingly negative coverage of those getting rich off…

You're getting downvoted but you shouldn't be. There's already discussion about ChatGPT's energy usage, and once this starts scaling more, there's going to be more and more people concerned. Hell, I'm already a bit concerned with its energy usage, and I'm already struggling being a fan of crypto while also being concerned for the environment (didn't use to have to be, crypto didn't use a ton of energy 8+ years ago).…

[deleted]

Re: Digital collectibles on Instagram is winding down

#67

Post by thunky »

simonw wrote: post #57
EGreg wrote: post #53

Earlier quoted context omitted.

So college is a grift probably. Overpriced scarcity with education most people can get from the library for a buck fifty (to quote Good Will Hunting) or on the Internet these days. But enough people are still told to go to college and so much of it is subsidized by the government that it remains an institution that faces little market competition. And getting into an “ivy league” school is so prestigious that even su…

Figuring out for yourself why college and Landmark Forum aren't the same grift is a useful life skill.

They were replying to the comment:

  If you have to pay to learn something, it's a grift
Your response applies equally to it.

Re: Digital collectibles on Instagram is winding down

#68

Post by klodolph »

LeeroyWasHere wrote: post #35

[flagged]

NFTs have done some real damage measured in human terms. It’s natural for some people to get angry about things like that. Asking “are you all okay” sounds a lot like concern trolling, so I would not phrase your question that way. I am not going to accuse you of being disingenuous, but it is very easy to read your comment as disingenuous.

People in the thread here have lost friends to NFTs the same way you might “lose” a friend to MLMs. The friend is still around, but their behavior has damaged friendships and alienated people that care about them.

Re: Digital collectibles on Instagram is winding down

#69

Post by inconceivable »

currymj wrote: post #61
cableshaft wrote: post #51

Earlier quoted context omitted.

You're getting downvoted but you shouldn't be. There's already discussion about ChatGPT's energy usage, and once this starts scaling more, there's going to be more and more people concerned. Hell, I'm already a bit concerned with its energy usage, and I'm already struggling being a fan of crypto while also being concerned for the environment (didn't use to have to be, crypto didn't use a ton of energy 8+ years ago).…

this has always struck me as a weird argument. one could make a very rough comparison to the energy required to run a gaming PC for an hour, and the energy (inference + amortizing the training run) to run a conversation with ChatGPT for an hour, they're probably order-of-magnitude comparable. But there is no serious concern by anyone for the climate impact of PC gaming. It's just fundamentally that computers require…

the people writing this FUD have never seen the inside of a datacenter or understand how anything really works. they're just FUDsters, professional shit-stirring stooges. it doesn't matter if the tech in question is total garbage or the next coming of the internet.

Re: Digital collectibles on Instagram is winding down

#70

Post by inconceivable »

ImaCake wrote: post #43
inconceivable wrote: post #22

Earlier quoted context omitted.

just wait until they start really attacking AI. they'll roll out the same playbook. 1. dangerous new technology 2. that uses far too much energy (more than the entire country of X!) 3. do we really know how it works? 4. controlled by a shadowy cabal of super-coders 5. followed by a litany of anecdotal stories about victims of AI 6. and increasingly frequent and increasingly negative coverage of those getting rich off…

The playbook against NFTs is that they did nothing useful. That seems to still be the case. ChatGPT is useful, some of us are just not sure how useful it is yet.

i'm not pro NFT, i wouldn't touch that stuff with a 10 foot pole.

consider, however, that "BUT I'M TELLING YOU IT'S USEFUL!!! WHY WON'T YOU BELIEVE ME!!!" is the exact position the FUDsters want to put you in re: AI.

they're constantly on the offensive, no matter what the target is.

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