Live data from Hacker News

€2.6M spent for a book at auction, believed they would own the IP

twitter.com

371–380 of 398 posts

Re: €2.6M spent for a book at auction, believed they would own the IP

#371
post #348

Earlier quoted context omitted.

> Both closed circle SM (checking on your friends and acquaintances) and public facing SM (checking the influencers) It's even worse than that because of the algorithms. They show you more of what they think you like, but the bubbles are quite narrow. For example, suppose you want to see what's going on with all the vaccine skepticism. There is a bubble centered around Joe Rogan. They're talking about how the existin…

>or that Julian Assange reports to Putin Ah...this has been debunked? The story so far as I know is that "multiple US intelligence agencies" told Congress that (in 2016) people working for the Russian government hacked the DNC and provided the emails to Wikileaks. Wikileaks didn't reveal its source, but Assange said "no, nope, it definitely wasn't the Russian government, no way". Mueller proceeded to indict a lot of…

None of what you wrote even implies Assange reports to Putin, let alone is evidence of such.

Re: €2.6M spent for a book at auction, believed they would own the IP

#372

I think one thing many people are missing is how much of this space is children, by now. While the past decade has been about adults risking their fiat capital, children are forced to only earn crypto onchain, as they cannot get the bank account or money without bothering their parents. It is less wise to bother their parents. People like you and I who will proselytize about crypto or any particular crypto investment…

A lot of claims being made here without any actual proof.

You need a bank account to buy cryptocurrencies. You also need fiat money to buy it. In the US at least, you need to be KYC'd to buy it from an exchange with fiat.

It's really tiring hearing propaganda like this, that easily falls apart under even a little bit of scrutiny. Like "banking the unbanked", it's lies being told that try to sell people on how cryptocurrency is enriching people who'd otherwise be poor, and opening opportunities to people who otherwise would not have them, but it's nothing more than preying on people's greed and FOMO, to pull in more suckers to fleece.

Re: €2.6M spent for a book at auction, believed they would own the IP

#373
post #298
post #23

The founders of this DAO are paying themselves >$30,000/month [0] out of the pool to look after an old book and to commission an animated TV series [0] from a company that does music videos and commercials [1]. [0] https://snapshot.org/#/dunedao.eth/proposal/0x2038fc240d0e85... [1] https://robleridgeproductions.com/about/

Someone else here pointed out that it's likely the total budget for the 4 person core team is $30k, not $30k each.

That's still an absurd amount of money, since everything they're proposing to do, they can't legally do. They don't have any actual work to do, and are being paid $90k a year each to do nothing.

Re: €2.6M spent for a book at auction, believed they would own the IP

#374
post #371
post #348

Earlier quoted context omitted.

>or that Julian Assange reports to Putin Ah...this has been debunked? The story so far as I know is that "multiple US intelligence agencies" told Congress that (in 2016) people working for the Russian government hacked the DNC and provided the emails to Wikileaks. Wikileaks didn't reveal its source, but Assange said "no, nope, it definitely wasn't the Russian government, no way". Mueller proceeded to indict a lot of…

None of what you wrote even implies Assange reports to Putin, let alone is evidence of such.

I see your point, and I think you are technically correct.

What it implies to me is that "Assange reports to Putin" has not been debunked.

Do you think that it is disinformation, then?

Re: €2.6M spent for a book at auction, believed they would own the IP

#375
post #302

Earlier quoted context omitted.

I don't think that's true. From Buzzfeed article, it looks like a 25 year old crypto millionaire bid on this, and the SpiceDAO raised $12 million after the fact and are going to reimburse him (and use the rest of the funds for this derivative work)

The OP’s question was about how the bid got so high, i.e. it would take two people to get the bid that high.

I wasn't clear, but the winning bidder wasn't the DAO, so it's not like the Constitution DAO where they said "We raised 35 million to bid". The winning bidder used his own eth to win the auction and is only now going to be reimbursed by the DAO (who raised $12 million). So my point was that the winner bidder didn't disclose their max bid like the commentor said.

Re: €2.6M spent for a book at auction, believed they would own the IP

#376

I actually interacted with the person running the DAO. I believe him to be a scam artist. For context: I also set up a group to bid on the book. Our intent was to spend $100,000. He reached out to offer to join forces. I mentioned that the goals of the DAO, the use of proceeds, and the general vision were pretty blurry and might not work. He said he had been in touch with Jodorowsky and Moebius and they're excited to…

Thanks for posting this. It's nice to have a comment from someone with insight into the situation. Your $100,000 goal wasn't unreasonable based on the estimates. What were your plans for the book if you'd won?

We were planning on talking with the Internet Archive see if they could make a digital copy, and then donate it to a scifi museum. Also throw some Dune theme parties.

Re: €2.6M spent for a book at auction, believed they would own the IP

#377
post #342

Earlier quoted context omitted.

> Both closed circle SM (checking on your friends and acquaintances) and public facing SM (checking the influencers) It's even worse than that because of the algorithms. They show you more of what they think you like, but the bubbles are quite narrow. For example, suppose you want to see what's going on with all the vaccine skepticism. There is a bubble centered around Joe Rogan. They're talking about how the existin…

> One of the most self-perpetuating ones is the myth that "misinformation" is caused by not banning "bad" people, when it's actually caused by not exposing everyone to contrary viewpoints so that they lose the opportunity to have their mistakes corrected. I'd argue that it's really two sides of the same coin. Take a social graph where nodes are people. It's not that eliminating bad nodes is a good solution, it's just…

> It's not that eliminating bad nodes is a good solution, it's just that when you eliminate the dangerously influential bad nodes (the bad ones with a disproportionate amount of connections), it can have the effect of redistributing interactions more evenly in the graph, which means any given node is more likely to be exposed to a greater variety of nodes.

There are at least two problems with this.

The first is that as long as you have an algorithm which is isolating people into silos and frothing people for "engagement," all you're going to do is create another one.

The second is that the bad man doesn't actually disappear from the world, and many people will follow them to wherever they go instead, where they're even more isolated and have less opportunity to break out of the bubble. The general trend is also causing alternate social media platforms to spring up which are splitting the population along party lines. Having more platforms is good, having the platforms be implicitly partisan is terrible. And having everyone on the right move to other platforms would leave the existing platforms with only people on the left, which will melt their brains just as much. You need the opposition around to keep yourself honest.

> Which I believe is an alternative formulation of your comment about the need to regulate algorithms.

Regulate algorithms can't work. Never mind the obvious First Amendment problems, think about the incentives. To fix the problem would be to break the business model; stop driving engagement. Billions of dollars at stake. So the political incentive is instead to let them keep radicalizing people, as long as they're radicalizing people for whoever is currently in power. If this isn't sufficiently alarming to you because of who is currently in power, imagine the public official they have to appease is Trump.

What we need are social media companies with a different business model. Ideally in some kind of federated system with competing discovery algorithms so the harm from a bad one has less scope, and people can choose not to use the ones known to be malignant without having to opt out of the networks with the largest network effect.

Re: €2.6M spent for a book at auction, believed they would own the IP

#378

I think one thing many people are missing is how much of this space is children, by now. While the past decade has been about adults risking their fiat capital, children are forced to only earn crypto onchain, as they cannot get the bank account or money without bothering their parents. It is less wise to bother their parents. People like you and I who will proselytize about crypto or any particular crypto investment…

A lot of claims being made here without any actual proof. You need a bank account to buy cryptocurrencies. You also need fiat money to buy it. In the US at least, you need to be KYC'd to buy it from an exchange with fiat. It's really tiring hearing propaganda like this, that easily falls apart under even a little bit of scrutiny. Like "banking the unbanked", it's lies being told that try to sell people on how cryptoc…

Earning cryptocurrency does not require a bank account or KYC.

Read that again until you understand it and tell me why you don't understand that.

The whole post distinguished the difference between buying versus earning. If you dont get that yet, you’re in the wrong place.

Re: €2.6M spent for a book at auction, believed they would own the IP

#379
post #342

Earlier quoted context omitted.

> One of the most self-perpetuating ones is the myth that "misinformation" is caused by not banning "bad" people, when it's actually caused by not exposing everyone to contrary viewpoints so that they lose the opportunity to have their mistakes corrected. I'd argue that it's really two sides of the same coin. Take a social graph where nodes are people. It's not that eliminating bad nodes is a good solution, it's just…

> It's not that eliminating bad nodes is a good solution, it's just that when you eliminate the dangerously influential bad nodes (the bad ones with a disproportionate amount of connections), it can have the effect of redistributing interactions more evenly in the graph, which means any given node is more likely to be exposed to a greater variety of nodes. There are at least two problems with this. The first is that…

You have to interpret “regulate” charitably. I wasn’t advocating for any particular type of regulation, and not necessarily in reference to government intervention. Substitute with “tweak” if that’s less bothersome.

Re: €2.6M spent for a book at auction, believed they would own the IP

#380
post #379

Earlier quoted context omitted.

> It's not that eliminating bad nodes is a good solution, it's just that when you eliminate the dangerously influential bad nodes (the bad ones with a disproportionate amount of connections), it can have the effect of redistributing interactions more evenly in the graph, which means any given node is more likely to be exposed to a greater variety of nodes. There are at least two problems with this. The first is that…

You have to interpret “regulate” charitably. I wasn’t advocating for any particular type of regulation, and not necessarily in reference to government intervention. Substitute with “tweak” if that’s less bothersome.

Fair enough.

It seems like it's an incentives problem. Something needs to change so that making money stops being aligned with doing the wrong thing.

Whatever fixes it is going to have a different business model. Maybe the best thing the government could do is do some trust busting. Make it easier to enter the market, increase the number of competitors and we have more chances to find the answer.

Post reply on HN