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The whole thing was a scam

garymarcus.substack.com

271–280 of 347 posts

Re: The whole thing was a scam

#271
post #257

Earlier quoted context omitted.

After 1000M died due to capitalism, people are still sure it was accurate and we just haven't done that correctly.

[flagged]

It is probably true, but it is also a useless statistic, let me explain.

8 billion people, avg lifespan 70 years, 115 million people die each year, percentage in capitalist economic zones... No clue, does china count? but probably 80 to 90% so about 10 years for capitalism to cause a billion deaths.

Re: The whole thing was a scam

#272

I'll try not to be too flippant but... he thought the US ever _wasn't_ an oligarchy?

Flippant be hanged! IMO, it all started with W Bush, who put the icing on that cake by invading Iraq based on a televised lie. He was "sneaky" but the current administration doesn't even try to sneak. The mid-terms may be our final chance to save our nation.

> The mid-terms may be our final chance to save our nation.

Republicans are on track to win the mid-terms…

S&P500 is all you need

Fed cuts interest rate, jobs go up, 401k go up, RSU go up, credit card points go up, everyone is happy

Re: The whole thing was a scam

#273
post #84

Earlier quoted context omitted.

Cheap or not doesn’t matter. Sir Winston Churchill supposedly asked Lady Astor whether she would sleep with him for five million pounds. She said she supposed she would. Then he asked whether she would sleep with him for only five pounds. She answered,"What do you think I am?" His response was, "We've already established that; we're merely haggling over price."- Marcus Felson, Crime and Everyday Life, Second Edition,…

I think it does matter and this quote is always flaunted like it's some deep insight but it intentionally ignored nuance. An amount you can comfortably retire on is way different than $5. We love to pretend humans have unflinching morals but they don't

Nancy Astor already had access to more than enough money to keep herself in unimaginable luxury for the rest of her life. She was substantially more wealthy than Churchill (by a factor of many thousands).

The nuance you're looking for didn't exist.

Re: The whole thing was a scam

#274
post #23

Earlier quoted context omitted.

1. Agree 2. Agree > The problem is that the Pentagon is trying to bury Anthropic as a company, calling it a danger to the United States because it exerted its non-controversial right in (1). My take is that the DoD very much wanted to continue using Claude. However, Amodei refused to budge on relinquishing final say over Claude usage. The DoD took this as a personal offense (how dare this guy, does he know who we are…

> Amodei refused to budge on relinquishing final say over Claude usage. So did Altman. The terms of each company’s agreement with the DoW are roughly the same when they come out of the wash. “Mr. Altman negotiated with the Department of Defense in a different way from Anthropic, agreeing to the use of OpenAI’s technology for all lawful purposes. Along the way, he also negotiated the right to put safeguards into OpenA…

“Roughly the same” != “the same”. Changing one or two words words in a contract can make a huge difference.

Re: The whole thing was a scam

#275

Earlier quoted context omitted.

This is too naive. A lot of voters were eager and happy to vote for hurting other people on the premise that it was somehow going to turn into personal benefit. They are only now upset because it turns out they're being hurt too. An dpeople have short memories when it comes to this stuff. If the USA somehow manages to survive this and Trump and his allies are peacefully voted out and removed from power, I'd bet $250…

> This is too naive. A lot of voters were eager and happy to vote for hurting other people on the premise that it was somehow going to turn into personal benefit. They are only now upset because it turns out they're being hurt too. That is literally exactly what Leopards Eating People's Faces Party means. > "'I never thought leopards would eat MY face,' sobs woman who voted for the Leopards Eating People's Faces Part…

I think a lot of people are trying to excuse their responsibility by blaming the people who voted for Trump.

Like, it's just weird and creepy to see closeted fascists wearing Democrat skins who will try and convince you they still hate Trump.

Still fascist though, huh

Re: The whole thing was a scam

#276
post #234

I cannot take Gary seriously anymore since it's an article about deep learning hitting a wall [1]. [1] - https://nautil.us/deep-learning-is-hitting-a-wall-238440/

What does it matter whether the author can be "taken seriously"? How does his (mistaken?) 2022 assessment of the progress of deep learning have any bearing on his comments on possibly unethical and corrupt business actions of OpenAI's leadership?

Re: The whole thing was a scam

#277

Earlier quoted context omitted.

> I think a lot of voters didn't know what they were getting the country into You were not around for the 2017-2021 preview? Thisis the second term! Everybody cpuld see exactly what the country would be getting into!

The first term was just him being an idiot. He's stupid. The second term is Elon dismantling the entire intelligence system, infiltrating every government agency and compromising every datacenter, piping all the data into a centralized database for stalking and mass deportation, etc. While it was absolutely clear that Trump's bad news , I don't think anybody quite predicted the absolute fascism that would spring up,…

> I don't think anybody quite predicted the absolute fascism that would spring up

There were plenty of people, we just didn't believe them.

Re: The whole thing was a scam

#278
post #75

In a closed society where everybody's guilty, the only crime is getting caught. In a world of thieves, the only final sin is stupidity. This HST quote seems severely outdated by now. They have already been caught, committed all the sins of stupidity and some more. All of it to the clapping mob of people who yearn for some kind of social revenge. And it’s happening everywhere these last years. Who could possibly know…

HST = Hunter S. Thompson, an American writer and journalist.

I assumed that was the ethos of High Speed Trading.

Re: The whole thing was a scam

#279

PS: If openly bribing a crony gov to cancel your competitor is now the de-facto standard of making business in the US, I don't see how any rational investor could still see US companies as a secure investment. When the rule of law degrades into pay-to-play politics, the inevitable result is a mass exodus of both capital and top-tier talent.

Bit melodramatic. The US still has the most talent, most capital, and best property protections of anywhere in the world. Name a country that (1) doesn't have any quid-pro-quo system with the govt, and (2) has pro-growth pro-capitalist policies.

I wonder if maybe those two things have a causal relationship

Re: The whole thing was a scam

#280

PS: If openly bribing a crony gov to cancel your competitor is now the de-facto standard of making business in the US, I don't see how any rational investor could still see US companies as a secure investment. When the rule of law degrades into pay-to-play politics, the inevitable result is a mass exodus of both capital and top-tier talent.

Well you think corruption is bad for the rich investors? I hope I can find that kind of optimism and live in a more corrupt world.

Tldr; Rich people can bribe more, hence Rich people can be more rich+er..

I think a lot of poor tech multi-millionaires hate this in US but all rich billionaires must be loving it...

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