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Software Pump and Dump

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31–40 of 166 posts

Re: Software Pump and Dump

#31

Post by SecretDreams »

IMTDb wrote: post #20

> The initial software Pump and Dump event could be considered when Cursor burned through millions of dollars to build a barely working browser. Naturally there was no way to finish such a monstrous heap of software into a working product and why would anybody use a vibe coded browser anyway? The "dump" on their end was to use this as marketing bait and a way to inflate their valuation. Let me introduce you to the wo…

> Just because it comes from a for-profit company doesn't make it cynical.

I thought only AI bots were born yesterday.

Re: Software Pump and Dump

#32

Post by augment_me »

IMTDb wrote: post #20

> The initial software Pump and Dump event could be considered when Cursor burned through millions of dollars to build a barely working browser. Naturally there was no way to finish such a monstrous heap of software into a working product and why would anybody use a vibe coded browser anyway? The "dump" on their end was to use this as marketing bait and a way to inflate their valuation. Let me introduce you to the wo…

I don't think that most research starts with the idea of being a crypto rugpull. Many research labs and startups fail, and that is fine, you dont have to double down and drag a bunch of people into the mud with you because of that, which is what a lot of the example the author points to.

In some sense I just feel like this is another way to gamble, which in general is seeing an unprecedented growth with Polymarket and the likes. There is less faith in white-collar skills making you rich, so you just try your luck.

Re: Software Pump and Dump

#33

Post by embedding-shape »

IMTDb wrote: post #20

> The initial software Pump and Dump event could be considered when Cursor burned through millions of dollars to build a barely working browser. Naturally there was no way to finish such a monstrous heap of software into a working product and why would anybody use a vibe coded browser anyway? The "dump" on their end was to use this as marketing bait and a way to inflate their valuation. Let me introduce you to the wo…

> but from the lessons learned along the way

When the published "lessons" don't match up with what the experiment actually did, that's when people start asking questions. Is not just "boo it didn't work", but there is a vast mismatch between what the research actually answered, and what they claimed it answered.

Re: Software Pump and Dump

#34

Post by embedding-shape »

steveBK123 wrote: post #21

Gonna be a lot of cheap Mac minis for sale on eBay in a few weeks hopefully

As someone who is currently looking to setup local CI for macOS hardware, that'd be neat :)

Unrelated; For CI, what hardware would people recommend? I'm choosing between mac Mini (M4 Pro) and Mac Studio (M3 Ultra) but haven't digged into the CPU difference yet to understand what would be best. Opinions?

Re: Software Pump and Dump

#35

Post by cindyllm »

augment_me wrote: post #32
IMTDb wrote: post #20

> The initial software Pump and Dump event could be considered when Cursor burned through millions of dollars to build a barely working browser. Naturally there was no way to finish such a monstrous heap of software into a working product and why would anybody use a vibe coded browser anyway? The "dump" on their end was to use this as marketing bait and a way to inflate their valuation. Let me introduce you to the wo…

I don't think that most research starts with the idea of being a crypto rugpull. Many research labs and startups fail, and that is fine, you dont have to double down and drag a bunch of people into the mud with you because of that, which is what a lot of the example the author points to. In some sense I just feel like this is another way to gamble, which in general is seeing an unprecedented growth with Polymarket an…

[dead]

Re: Software Pump and Dump

#36

Post by jaccola »

IMTDb wrote: post #20

> The initial software Pump and Dump event could be considered when Cursor burned through millions of dollars to build a barely working browser. Naturally there was no way to finish such a monstrous heap of software into a working product and why would anybody use a vibe coded browser anyway? The "dump" on their end was to use this as marketing bait and a way to inflate their valuation. Let me introduce you to the wo…

The initial tweet was primarily a lie though

> The rendering engine is from-scratch in Rust with HTML parsing, CSS cascade, layout, text shaping, paint, and a custom JS VM.

If I cloned Pixar’s rendering library and called that then added to my CV ‘built a renderer from scratch’ this would be entirely dishonest…

I use LLMs often and don’t hate Cursor or think they’re a bad company. But it’s obvious they are being squeezed and have little USP (even less so than other AI players). They are frankly extremely pressured to make up lies.

I don’t think I’d resist the pressure either, so not on a high horse here, but it doesn’t make it any less dishonest.

Re: Software Pump and Dump

#37

Post by swiftcoder »

embedding-shape wrote: post #34
steveBK123 wrote: post #21

Gonna be a lot of cheap Mac minis for sale on eBay in a few weeks hopefully

As someone who is currently looking to setup local CI for macOS hardware, that'd be neat :) Unrelated; For CI, what hardware would people recommend? I'm choosing between mac Mini (M4 Pro) and Mac Studio (M3 Ultra) but haven't digged into the CPU difference yet to understand what would be best. Opinions?

How heavy is your CI workload? Even the base Mac Mini is equipped with a pretty beefy CPU, but obviously it has limited RAM/storage (although the latter can be solved with a cheap external SSD enclosure).

Re: Software Pump and Dump

#39

Post by mlrtime »

kotaKat wrote: post #12
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…

People can spin up magic crypto coins backed by other crypto coins at the push of a button. Dirtbag crypto people will spin up a coin in the name of someone's software product, give the project owner a bunch of coin, make them feel special like they're suddenly part of lots of money, and then astroturf and pump the coin as much as they can before setting up for a rugpull by either the project owner trying to cash out…

You didn't answer the question though, you just double downed on crypto=bad.

If someone posts a github link of some LLM tool, clawbot or whatever. You are free to run or fork it and then some crypto bro creates a clawbot $coin.. nobody is forcing you to buy the $coin.

Re: Software Pump and Dump

#40

Post by mr-ron »

macmac_mac wrote: post #9

FWIW I’ve been in enough of these cycles to see the same pattern play out now with software + AI hype that I saw back in crypto land. You get: some half-baked project that looks cool until you actually try it, a flood of “look at me I’m first” blog posts and influencers hyping the hell out of it, people and companies saying they’re building on it because they don’t want to be left behind, a weird intersection with to…

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.
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