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The age of Pump and Dump software

tautvilas.medium.com

21–30 of 77 posts

Re: The age of Pump and Dump software

#21

Excellent article! Let’s also not forget another major category where they dump the vibe-coded crap: the AI-hype social-media “developer” influencer FOMO posts. Essentially a life-coach pyramid scheme repackaged for tech, selling “how to become a life-coach” playbooks to the next wave of would-be life-coaches to sell their course.

That has been a thing prior to the rise of LLMs. Tech-bros with their "astonished" faces look with the sub-title of "You need to learn kubernetes, docker, swarm!" etc.

It's just par for the course in our attention economy. Like another poster had said, quite a bit of this is just simple experimentation that occurs.

Re: The age of Pump and Dump software

#22
post #16
post #7

Earlier quoted context omitted.

Fwiw the new 'maltbot' (molt.bot) is the legit one and can be verified on the official github repo which has had its org changed and loads here: https://github.com/moltbot/moltbot (the original redirects for some added reassurance). My understanding it was a very quick rebrand due to Anthropic sending a takedown notice so theres still references to the old name.

molt.bot is connected to the same spam network - growing number of backlinks and reddit shilling just in the past 24 hours. I saw at least 2-3 security reports as well pointing to various critical vulnerability. Looked at the source as well - it makes zero sense. A lot of random commits. I suspect it would be trivial to introduce a backdoor the way this project is managed. Too many red flags. I would personally not t…

I would likely not touch the product because of the implications of providing an LLM full system access. With the pump-and-dump coin chumps, it's possible they use the carapace of software as a hype-vehicle with no relation to the dev.

Re: The age of Pump and Dump software

#23

The framing of the title makes me wonder what we as humans will think of software from this time 100s of years from now. Will the future be a complicated, dense ecosystem of interconnected intelligent systems, putting our current complexity to shame? Or in the future will we look at the current time as the Wild West, the time when software moved more swiftly than the law. Where oil was there for anyone with a big eno…

Probably the RAG AIs of the future will use it to help generate their users’ software. The AIs themselves might as well use the simple conventionally posix-y stack that we’re all familiar with, because they won’t have any trouble remembering complex invocations. But I bet they also won’t need as deep a stack (why have framework on framework on frameworks if you are an AI and don’t mind boilerplate and tedium?), so they’ll need a source for what over-complicated code looks like.

Re: The age of Pump and Dump software

#24
post #5

Noticed the same. Doing a quick analysis of clawdbot myself I figured there are many spam domains that are used to backlink. Now there is a new domain being advertised as a replacement of the original. It points to the same landing page though it is hard to say if this comes from the original authors. All of it seems to be related to a crypto scheme. The astroturfing on reddit is also pretty bad. This is obviously in…

I did an analysis myself yesterday and commented about it: https://news.ycombinator.com/item?id=46760930

Re: The age of Pump and Dump software

#25
I wonder if the Unix philosophy of small apps will eventually further the capabilities of AI in regards to app development. If these AI could be used contribute to a shared library of small apps, then maybe that library could be used to iteratively build more and more capable apps. Shoulders of giants and all that.

That would certainly be preferable to the flood of AI-fueled monoliths predicted by this author. But maybe I'm being too optimistic.

Re: The age of Pump and Dump software

#27

The framing of the title makes me wonder what we as humans will think of software from this time 100s of years from now. Will the future be a complicated, dense ecosystem of interconnected intelligent systems, putting our current complexity to shame? Or in the future will we look at the current time as the Wild West, the time when software moved more swiftly than the law. Where oil was there for anyone with a big eno…

Put on my gravestone “I Was An Internet Cowboy”

Is that like a rhinestone cowboy?

Re: The age of Pump and Dump software

#28
post #14

The framing of the title makes me wonder what we as humans will think of software from this time 100s of years from now. Will the future be a complicated, dense ecosystem of interconnected intelligent systems, putting our current complexity to shame? Or in the future will we look at the current time as the Wild West, the time when software moved more swiftly than the law. Where oil was there for anyone with a big eno…

The Vernor Vinge SF novels have the profession of "software archaeologist", someone who digs through the layers of systems in order to extract understanding.

It’s me.

Re: The age of Pump and Dump software

#29

The framing of the title makes me wonder what we as humans will think of software from this time 100s of years from now. Will the future be a complicated, dense ecosystem of interconnected intelligent systems, putting our current complexity to shame? Or in the future will we look at the current time as the Wild West, the time when software moved more swiftly than the law. Where oil was there for anyone with a big eno…

Probably the RAG AIs of the future will use it to help generate their users’ software. The AIs themselves might as well use the simple conventionally posix-y stack that we’re all familiar with, because they won’t have any trouble remembering complex invocations. But I bet they also won’t need as deep a stack (why have framework on framework on frameworks if you are an AI and don’t mind boilerplate and tedium?), so th…

It will all be written from scratch in binary.

Re: The age of Pump and Dump software

#30
post #17

Here's a counterthesis: This is people having fun with a new technology that is far from perfect, is full of unknowns, but is ripe for exploration and discovery. Gas Town itself is a piece of speculative fiction: throwing out a hypothesis as to what might be possible were inference to drastically drop in price. Its supervisor + isolated worker + merge factory approach is an experimental spike into how agentic coding…

is it not also one of the most logical approaches to experiment with first? it's loosely how I've been working with agents as well.

I make this point to say, if someone were to try to claim this approach as IP we should expect it to be denied right?

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