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Software Pump and Dump

tautvilas.lt

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Re: Software Pump and Dump

#101

Post by yunohn »

sarchertech wrote: post #96
Uehreka wrote: post #80

Earlier quoted context omitted.

In the past year I’ve used AI coding assistants on a life-saving medical device product (no, followup commenter, I did not ship unreviewed vibes in a medical device product), a tool for editing documentation used in healthcare (no, followup commenter, it does not use LLMs to generate documentation), a piece of custom cue calling software for theater and to reverse engineer a TCP protocol to help modernize a piece of…

Yeah none of those are nearly ambitious enough for someone who is spitting out browsers in less than a full workday. This is at least a 100x speed up. You should be cranking out operating systems in a few days. Why haven’t you built an integrated OS, programming language, browser, and game engine yet?

I would love for these self professed AI assisted hacker gods to dogfood said browsers, before, for example, building them 3 times over in different languages for no reason.

Re: Software Pump and Dump

#102

Post by samiv »

1dom wrote: post #45
mr-ron wrote: post #40

Earlier quoted context omitted.

I mean besides crypto and ai being big investments, i barely see any parallels. AI you can actually use to build useful things in the world , and tokens are used not as trading , but transactional currency to do that building.

I did a lot of postgraduate research around crypto from 2011 - 2016. There are a lot of parallels, and your message adds to them. "x is different because we can actually do useful stuff with it" is what every x enthusiast deep in an x bubble or pump n dump says about x. When the next big tech bubble comes along in 10 - 15 years, there will be people saying exactly what you just said: "NextBigTech you can actually use…

This generalizes to any investment bubble "this time it's different".

Re: Software Pump and Dump

#103

Post by lkey »

TeMPOraL wrote: post #78
bambax wrote: post #65

Earlier quoted context omitted.

Yeah; I did not quite understand GasTown (although I like Steve's writing style); I absolutely do not understand Moltbook or its purpose; I'm not sure I understand the point of OpenClaw -- in the sense that its benefits are not immediately obvious, while its dangers are making big red flashes and fire sirens. Often when you don't understand something you feel stupid; but sometimes the reason you don't understand is b…

> I'm not sure I understand the point of OpenClaw -- in the sense that its benefits are not immediately obvious, while its dangers are making big red flashes and fire sirens. I only skimmed the OpenClaw post, but unless I completely misunderstood the README in their GitHub repo, to me the benefits are stupidly obvious, and I was actually planning to look at it closer over the weekend. The value proposition I saw is:…

When I was a child, my mother would arrange get togethers by calling an coordinating with other mothers. In so doing, they would chat for a bit about local gossip or life events. Eventually, some of these women became lifelong friends as she aged.

My mother's mother would physically drop in unannounced to the people she wanted to talk to, and they'd have tea and chat a while to coordinate events. This was reciprocal. You are probably already wealthy, and your time can be spent however you like, consider not optimizing it anymore.

Genuinely, why are you using your limited time on this earth doing everything in your power to poison serendipity? If texting identical things bores you, you have free time and free will, make it actually personal so neither of you will be bored. Break the social taboo and call! Or share a calendar like a normal parent or neighborhood group.

If one of my friends with school age kids coordinated with me via clearly prompted text I would assume that we were not as close as I thought we were. That I'm a 'target for personal PR' rather than, you know, a person. It would diminish us both.

Re: Software Pump and Dump

#104

Post by [deleted] »

Uehreka wrote: post #42
nkrisc wrote: post #7

I really don’t get the strategy here. What do the coins have to do with the project? Why would someone who was “lured” into using the project buy the coins? Why would someone speculating on the coins use the project? What’s the connection? I’m genuinely having a hard time understanding what there even is for someone to “fall for” here. How does any of this trick anyone? I guess I really am just that out of touch with…

[flagged]

[deleted]

Re: Software Pump and Dump

#105

Post by mr-ron »

1dom wrote: post #87
mr-ron wrote: post #74

Earlier quoted context omitted.

I could be building a game, a home blog, any sort of OSS. The point im making is that crypto exists purely as this alt investment, trading tokens to get rich. Im skeptical its actually being used as a currency in any real currency-fashion. But now seems to be stuck in pump and dump schemes. Meanwhile, AI is enabling people right now, today, to help build and learn things they normally wouldnt do.

> I could be building a game, a home blog, any sort of OSS. Classic speculative AI developer;) > Meanwhile, AI is enabling people right now, today, to help build and learn things they normally wouldnt do. Are you sincerely suggesting nobody ever built or learnt anything from crypto?

I am sincerely saying that no one built anything useful with crypto beyond trading platform which are almost entirely pump and dump

Re: Software Pump and Dump

#106

Post by mr-ron »

1dom wrote: post #86
mr-ron wrote: post #64

Earlier quoted context omitted.

In those years of crypto, did you actually build anything relevant to the world? It sounds like you were in the wrong bubble and now have sour grapes. Meanwhile im using AI coding agents to build a B2B Saas.

I was a crypto researcher - I watched all the people like you run to the bubble telling themselves they're building the next b2b crypto SaaS:)

Am I running to the bubble? What I’m saying is I’m using AI as a tool today in a normal industry app, and has greatly improved my performance.

Re: Software Pump and Dump

#107

Post by PKop »

jaffee wrote: post #95

Yegge was an early employee at Amazon and has been writing influential blog posts and developing massive software projects since before this guy was born. But sure, in his retirement he's pivoted to pump and dump schemes.

Plenty of pump and dumpers are already wealthy what's your point? He's either doing it or not, his past employment isn't dictating it one way or another. His ability to "influence" through writing is salient to the discussion at hand, not some mitigating factor.

Re: Software Pump and Dump

#108

Post by Uehreka »

yunohn wrote: post #101
sarchertech wrote: post #96

Earlier quoted context omitted.

Yeah none of those are nearly ambitious enough for someone who is spitting out browsers in less than a full workday. This is at least a 100x speed up. You should be cranking out operating systems in a few days. Why haven’t you built an integrated OS, programming language, browser, and game engine yet?

I would love for these self professed AI assisted hacker gods to dogfood said browsers, before, for example, building them 3 times over in different languages for no reason.

At the moment I’m kind of just excited that this way of orchestrating works at all, and in the process of refining it I’ll probably have it build a couple more “browsers”. But yeah, once I’ve got a setup I’m happy with, I totally plan to go all in on an approach, up the ante from Acid3 to the Web Platform Tests (which do support HTML5 and modern Web APIs), and start using it (if not as a daily driver, at least enough to get a sense of where it’s strong/weak).

I will of course be complaining vehemently on HN whenever someone’s website fails to render properly in my janky obscure browser, as is tradition.

Re: Software Pump and Dump

#109

Post by rodrigodlu »

u_sama wrote: post #61
postalcoder wrote: post #30

The top three stories on hn right now: 1. ▲ Moltbook (moltbook.com) 538 points by teej 8 hours ago | hide | 293 comments 2. ▲ Software Pump and Dump (tautvilas.lt) 108 points by brisky 5 hours ago | hide | 25 comments 3. ▲ OpenClaw – Moltbot Renamed Again (openclaw.ai) 256 points by ed 6 hours ago | hide | 110 comments This is art.

Life is beautiful, you have both sides of religious sects of AI here. The iconoclasts and the believers, which ends up in funny situations like this

Well I do intend to use software to automate these interactions, because in my country whatsapp groups are unmanageable without this.

Imagine the group of parents of my kids schools sending 100 to 300 messages per day with different subjects.

The issue is. I also have personal and important chats that I don't want to share with an vibe coded AI software without any canaries taking the shot first.

And I'm talking as a person that is using almost all my Claude max subscription every week.

But I do verify ALL of the code that I'm delivering. And I'm even using Gemini as an adversarial LLM to review Claude generated code.

Does this that gigantic project set any standards for this?

I was not able to find on their documentation.

So it's funny indeed, but for now I'm upvoting this one even being a confident moderate person.

:)

Re: Software Pump and Dump

#110

Post by raincole »

010101010101 wrote: post #62
throwaw12 wrote: post #51

I think Pump should happen in any new industry. Pump == experimentation/innovation, different people look at it differently, so you get variety of interesting ideas. Dump == natural consequence of over-supply, in this case whatever is not useful, we will drop. But to invent/discover new things, new paradigms, we need that Pump. 1. Look at age of computers, we had so many different architectures and computer brands wi…

Pump and dump is not the same as competition resulting in winners and losers, it’s a grift by the losers to profit at the expense of users through deception.

And this is why the OOP article makes zero sense. How is Cursor a grift to profit at the expense of users? Users use Cursor because they want to write code faster. Whether writing code faster is an inherently good thing is up to the users. Was Visual Studio (premium version once sold at ~$5000, btw) a pump & dump?
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