Yes, we're in for more headless interfaces and there are existing products that will struggle to serve these new interaction models due to organizational constraints. But I don't think it's as simple as asking "are they a system of record" as we think about the companies that will adapt and thrive and the new ones that will come. Enterprises are investing AI spend into improving core processes and responding to competitive pressure, not saving money and introducing risk into areas they have historically delegated to vendors. AI is going to give us more software, and increase spending as firms seek efficiency in new areas, and they're going to continue to knock on doors of vendors to do it as they always have. Not to mention the demand for auditable, repeatable workflows is still there and always going to be there and dedicated systems are needed to solve this in each problem domain.
Wall Street just lost $285B because of 13 Markdown files
51–54 of 54 posts
Re: Wall Street just lost $285B because of 13 Markdown files
#52Earlier quoted context omitted.
The connection is implied: technology companies quite suddenly lost a $285bn in market valuation, which means that the owners of these companies (either as stock or other forms of equity) have a combined $285bn less net worth. And apparently people are linking this sudden decrease in market valuation to "Anthropic launching a legal tool", which essentially consists of said markdown files.
Clearly the author is implying that, but with zero evidence to back that implication up. Not even an attempt to link the two other than saying "this happened" and "this exists." And hacker news is upvoting it like it's actually an interesting article. Have we lost our brains?
Hi, author here. Sorry if I skipped over the "evidence". If you read/watch financial news, every single outlet was claiming that it was caused by this legal tool launch. I was commenting on that - somewhat in jest. I'll update the article to make it clearer what I was trying to get at.
Thanks for the feedback, it was front page of the FT and I need to remember not everyone reads financial news!
Re: Wall Street just lost $285B because of 13 Markdown files
#53It is not my intention to offend anyone in particular, but that sell-off has really colored my perception that investors are such _sheep_ when it comes to AI. Serious FOMOs. Not a shred of independent, nuanced, or critical thinking; just black or white opinions.
How many people are actually capable of producing any level of critical thinking that would give them an advantage? But let’s say you are in fact very smart and you know the market is hanging by a thread. So you invest according to what you know…. But those sheep don’t do the same and the market continues to go up in spite of what you know…. Does that analysis matter now?
> How many people are actually capable of producing any level of critical thinking that would give them an advantage?
You're right on the money there, the thing is _nobody_ can beat the market, you can only get lucky or have insider knowledge. A strategy that always works is "Buy and hold" and especially diversify when things are volatile. Instead we see volumnes of cash moving in waves at any news or rumor.
Re: Wall Street just lost $285B because of 13 Markdown files
#54How long until we have agents talking to other agents in a web of agents, and together deciding on something catastrophic? Not individually, but somehow the result of a group process.
Isn't that what Moltbook etc. is heading towards at some point? It's all a function of how much access people give it to "the real world"... and with cryptocurrency and the gig economy, it's really only a matter of time until a malicious agent with money to burn starts to do really weird things. How hard would it really be to craft a prompt that says, here's your cryto wallet private key, keep yourself alive somehow,…
I wrote my comment without knowing about the moltbook thing. I somehow missed it.
Good to know it exists.