Link tags: grift

AI isn’t useless. But is it worth it?

I find my feelings about AI are actually pretty similar to my feelings about blockchains: they do a poor job of much of what people try to do with them, they can’t do the things their creators claim they one day might, and many of the things they are well suited to do may not be altogether that beneficial. And while I do think that AI tools are more broadly useful than blockchains, they also come with similarly monstrous costs.

A very even-handed take.

I’m glad that I took the time to experiment with AI tools, both because I understand them better and because I have found them to be useful in my day-to-day life. But even as someone who has used them and found them helpful, it’s remarkable to see the gap between what they can do and what their promoters promise they will someday be able to do. The benefits, though extant, seem to pale in comparison to the costs.

The dancing bear, part 1

I don’t believe the greatest societal risk is that a sentient artificial intelligence is going to kill us all. I think our undoing is simpler than that. I think that most of our lives are going to be shorter and more miserable than they could have been, thanks to the unchecked greed that’s fed this rally. (Okay, this and crypto.)

I like this analogy:

AI is like a dancing bear. This was a profitable sideshow dating back to the middle ages: all it takes is a bear, some time, and a complete lack of ethics. Today, our carnival barkers are the AI startups and their CEOs. They’re trying to convince you that if they can show you a bear that can dance, then you’ll believe it can draw, write coherent sentences, and help you with your app’s marketing strategy.

Part of the curiosity of a dancing bear is the implicit risk that it’ll remember at some point that it’s a bear, and maul whoever is nearby. The fear is a selling point. Likewise, some AI vendors have even learned that the product is more compelling if it’s perceived as dangerous. It’s common for AI startup execs to say things like, “of course there’s a real risk that an army of dancing bears will eventually kill us all. Anyway, here’s what we’re working on…” How brave of them.

Scams upon scams: The data-driven advertising grift – Another angry woman

On day 1 of your class about behaviour change in a science course, you learn that behaviour change is not a simple matter of information in, behaviour out. Human behaviour, and changing it, is big and complex.

Meanwhile, on your marketing courses, which I have had the misfortune to attend, the model of changing behaviour is pretty much this: information in, behaviour out.

Word Count 53: The state of AI and the Goodreads fiasco

Could the tsunami of AI shite turn out to be a flash flood? Might the models rapidly degrade into uselessness or soon be sued or blocked out of existence? Will users rebel as their experience of the internet is degraded?

In my most optimistic moments, I find myself hoping that the whole AI edifice will come tumbling down as tools disintegrate, people realise how unreliable they are, and how valuable human-generated and curated information really is. But it’s not a safe bet.

Letter in Support of Responsible Fintech Policy

A well-written evisceration of cryptobollocks signed by Bruce Scheier, Tim Bray, Molly White, Cory Doctorow, and more.

If you’re a concerned US computer scientist, technologist or developer, you’ve got till June 10th to add your signature before this is submitted to congress.

The Laboratorium (2d ser.) (I Do Not Think That NFT Means What You Think It…)

The bottom line is that almost everything NFT advocates want to do on a blockchain can be done more easily and efficiently without one, and the legal infrastructure needed to make NFTs work defeats the point of using a blockchain in the first place.

Norton

It me.

Occasionally, I wonder whether I’ve got it all wrong. Is my age, my technical unsophistication, or my fond remembrance of an internet unencumbered by commerce blinding me to the opportunities that crypto offers me? But then I read something terrible and I recant my doubts, meditate for a while and get on with my life.

Blockchain-based systems are not what they say they are

Blockchain technologies have somehow managed to land in the worst of both worlds—decentralized but not really, immutable but not really.

A great analysis of the system of smoke and mirrors that constitutes so-called web3:

Instead of being at the mercy of the “big tech” companies like Amazon and Google that monopolize the traditional way of doing things on the web, you are now at the mercy of a few other tech companies that are rapidly monopolizing the blockchain way of doing things.

Moxie Marlinspike >> Blog >> My first impressions of web3

A balanced, even-handed look at actually using so-called web3 technology. It turns out that even if you leave the ethical and environmental concerns aside, the technological underpinning are, um, troublesome to say the least.

Crypto: the good, the bad and the ugly | Seldo.com

A very even-handed and level-headed assessment by Laurie, who has far more patience than me when it comes to this shit.

Washed Up - Infrequently Noted

The term “web3” is a transparent attempt to associate technologies diametrically opposed to the web with its success; an effort to launder the reputation of systems that have most effectively served as vehicles for money laundering, fraud, and the acceleration of ransomware using the good name of a system that I help maintain.

Perhaps this play to appropriate the value of the web is what it smells like: a desperate move by bag-holders to lure in a new tranche of suckers, allowing them to clear speculative positions. Or perhaps it’s honest confusion. Technically speaking, whatever it is, it isn’t the web or any iteration of it.

A not so gentle intro to web3 | Koos Looijesteijn

Web3 is like a combination of pyramid schemes, scientology and Tamagotchi. There’s the fact that ultimately anything you do on blockchains costs you real money and that once you’ve paid that, you’re one of the people who need to get the next cohort of buyers onboard or lose your money. There’s believing that you’re joining a movement that’s in the know, with all kinds of interesting words and sci-fi stuff that normies just don’t understand. And there’s your portfolio, your pretty JPGs, wallets, apps and everything you spent so much time on understanding and maintaining. Good luck avoiding sunk cost fallacy there.

Cryptocurrency is an abject disaster

Cosigned.

Cryptocurrency is one of the worst inventions of the 21st century. I am ashamed to share an industry with this exploitative grift. It has failed to be a useful currency, invented a new class of internet abuse, further enriched the rich, wasted staggering amounts of electricity, hastened climate change, ruined hundreds of otherwise promising projects, provided a climate for hundreds of scams to flourish, created shortages and price hikes for consumer hardware, and injected perverse incentives into technology everywhere. Fuck cryptocurrency.