Yeah.
I drink genAI koolaid. I run llama and other transformers models daily.
...But what some CEOs are saying and doing is just loony.
Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
11–20 of 188 posts
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#12That's right, LA Times! No one in the whole history of the world ever succumbed to Irrational Exuberance before. It was Big Tech that brought that plague down on us.
Of course, it was 1996 when Alan Greenspan coined the phrase, before Google & Amazon were big, so we have to cover up that fact.
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#13I continue to wonder how much studios are ACTUALLY hurt by this strike. The studios have reserves of money, they still get money from streaming existing content. And short term they can still release content that are in post-prod enough to release. On the other hand, the public supports of the strike amounts to ... wanting new TV shows and movies. It's annoying for many I'm sure, but its not exactly something that ke…
The studios burned through lots of money for the streaming boom, and the investors want returns from their burned money right about now.
At the other end, streaming services are stuffed with content. I have no proof, but I suspect viewers will learn than the back catalog is pretty good.
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#14I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
Let me put it in perspective for you: Hollywood the actors and writers are on strike because Hollywood, the money making machinery decided to replace them with a product from SV.
I don’t care for Hollywood and indeed it has gotten quite garbage anyway but I do support the actors and writers striking because they can. For the rest of us it remains to be seen how we’re going to handle it or whether we boil slowly..
In a way they may determine our fate as well. Imagine one scenario where the strike flops, AI is implemented as replacement and all goes well. In this scenario we’re more or less going to follow the same.
I let other scenarios play out however your imagination desires
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#15Earlier quoted context omitted.
>>The economy goes from boom to bust, bust to boom, it does not have to. boom and bust is a direct result of fiat currency and manipulation of that currency by central banks
Currency is the lifeblood of the system known as a state, what exactly would you consider an alternative? Surely you're not suggesting a gold standard would solve the issue?
No, they are almost certainly suggesting crypto would solve the issue...
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#16"The boom times are over. Executives know it. Wall Street knows it. And the story that we're in a revolutionary moment of technological transformation will run out of gas soon."
"Wildly profitable tech companies are citing an as-yet notional recession to make deep workforce cuts. They may have another agenda."
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#17Earlier quoted context omitted.
>>The economy goes from boom to bust, bust to boom, it does not have to. boom and bust is a direct result of fiat currency and manipulation of that currency by central banks
Currency is the lifeblood of the system known as a state, what exactly would you consider an alternative? Surely you're not suggesting a gold standard would solve the issue?
[dead]
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#18I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
My vision of this future is drones dropping off DVDs or USB sticks for "on demand" watching.
TBH, studios would probably have stopped DVD/Blu Ray releases if Netflix took this route.
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#19Earlier quoted context omitted.
>>The economy goes from boom to bust, bust to boom, it does not have to. boom and bust is a direct result of fiat currency and manipulation of that currency by central banks
Currency is the lifeblood of the system known as a state, what exactly would you consider an alternative? Surely you're not suggesting a gold standard would solve the issue?
[dead]
Re: Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking
#20Earlier quoted context omitted.
Currency is the lifeblood of the system known as a state, what exactly would you consider an alternative? Surely you're not suggesting a gold standard would solve the issue?
No, they are almost certainly suggesting crypto would solve the issue...
See… it’s a database… but no one owns it! And then…