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Comment Re:Are we back in the '90s? (Score 1) 54

I don't think it's just that people are bad at passwords, it's that they don't care. If their account gets compromised, it will probably hurt the service provider more than it will hurt them.

Gen Z are particularly sensitive to this, because they have noticed that most of the advice they get is bunk. If they are told to protect something like a password, they are more likely to evaluate if it actually matters to them to protect it, rather than just blindly following the advice.

That said it's a little surprising that password managers aren't having a bigger effect. All the major browsers offer to create and remember strong passwords for you.

Comment Re:iPhone Unavailable - try again in 1 minute (Score 2) 54

If you are a programmer and you are given clear instructions on what is expected, then yes. If you are a programmer and you are not given clear instructions, then no. However if you are technical lead/architect then you really should be responsible for it.

OTOH if you are a programmer and you raise these concerns then you are on your way to become a technical lead/architect.

In my systems I insist we keep a database table of various common passwords (tens of thousands of these) and we do not allow people using them as well.

Comment Re:Computers don't "feel" anything (Score 1) 39

It's different from humans in that human opinions, expertise and intelligence are rooted in their experience. Good or bad, and inconsistent as it is, it is far, far more stable than AI. If you've ever tried to work at a long running task with generative AI, the crash in performance as the context rots is very, very noticeable, and it's intrinsic to the technology. Work with a human long enough, and you will see the faults in his reasoning, sure, but it's just as good or bad as it was at the beginning.

Comment Re:Computers don't "feel" anything (Score 2) 39

Correct. This is why I don't like the term "hallucinate". AIs don't experience hallucinations, because they don't experience anything. The problem they have would more correctly be called, in psychology terms "confabulation" -- they patch up holes in their knowledge by making up plausible sounding facts.

I have experimented with AI assistance for certain tasks, and find that generative AI absolutely passes the Turing test for short sessions -- if anything it's too good; too fast; too well-informed. But the longer the session goes, the more the illusion of intelligence evaporates.

This is because under the hood, what AI is doing is a bunch of linear algebra. The "model" is a set of matrices, and the "context" is a set of vectors representing your session up to the current point, augmented during each prompt response by results from Internet searches. The problem is, the "context" takes up lots of expensive high performance video RAM, and every user only gets so much of that. When you run out of space for your context, the older stuff drops out of the context. This is why credibility drops the longer a session runs. You start with a nice empty context, and you bring in some internet search results and run them through the model and it all makes sense. When you start throwing out parts of the context, the context turns into inconsistent mush.

Comment Re:The price of wealth (Score 1) 80

Does a story like this make anybody else wonder if the lifestyle cost of wealth is too high?

The problem in this story is not the wealth, but its form. Cryptocurrency transactions are generally irreversible and not subject to the layers of process and protection that have been built up around large banking transactions. Keep your money in banks and brokerages like a sensible person and you don't have much risk.

Comment Re:Huh? Where? (Score 1) 59

No it's far from the most expensive option

Uh, yes, the 24-hour cancellation option is always the most expensive one for a given room (ignoring paying extra for add-ons like free breakfast or extra points). What other option would be more expensive? The one that gives the consumer the most flexibility is the one with the highest risk to the property, and that's priced in.

TFA postulates a scenario where the cancellations have disappeared.

Yeah, TFA overstated it. Though if you're not booking through the chain directly, in many cases it is hard to get a 24-hour cancellation policy. Many of the travel aggregator services hide them.

Comment Re:way more than some irrationality (Score 1) 55

The AI thing absolutely is a bubble, but it's not "sand-castle based or vapor based". It's very real. The problem is that the massive wave of investment is going to have to start generating returns within the next 3-4 years or else the financial deals that underpin it all will collapse. That doesn't mean the technology will disappear, it just means that the current investors will lose their shirts, other people will scoop up their assets at firesale prices, and those people will figure out how to deploy it effectively, and create trillions in economic value.

The problem is that the investors - and lenders - potentially losing their shirts include major international banks and pension funds, not just private shareholders. Recently, a J.P. Morgan analysis estimated that at least $650 billion in annual revenue will be required to deliver mere 10% return on the projected AI spend. And already banks like Deutsche Bank are looking to hedge their lending exposure to AI related projects.

If the AI bubble crashes hard, it could be a repeat of the 2007 global financial crisis.

Yep. That's all true even if AI is the most transformative technology ever invented, even if it generates trillions per year in economic output -- it might not do it soon enough to prevent another crash. You don't have to believe that AI is "sand-castle based or vapor based" (which it's really not) to see a big problem coming.

Comment Re:working (Score 1) 23

It is like saying: someone will do some work for free, because they like it, lets then make sure that we take away the product of their work, they don't need it anyway. How is that a moral stance, how is it good economically? People feel a certain way if someone tries to steal from them. One thing is to work, even if you don't have to, but to understand that the result of your work is yours. It is a completely different proposition to enslave someone just because they can survive without keeping the results of their work. Practically speaking, if someone sees this type of attitude, they choose a different jurisdiction to do their work, where there won't be such blatant abuse.

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