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The Almighty Buck

Swift To Build a Global Financial Blockchain (reuters.com) 33

Camembert writes: In a move that is sure to make Ripple nervous, traditional financial network Swift announced yesterday that it is partnering with Consensys and more than 30 global banks to build a blockchain based network that will run in parallel with its traditional network. Interestingly, unlike XRP, there is no native coin, rather it aims for interoperability (probably using Chainlink with whom the company did case studies for a few years already). There is also a strong focus on regulatory compliance. There are several news articles and opinion pieces on this event; I linked the Reuters article.

Comment Why is Reddit Spam worth anything? (Score 2, Interesting) 30

Put my first bbs online in 1982 on a Commodore 64.
I ran bbs's for over a decade.
Then worked for a national computer manufactures', running their 24 line support bbs in 1990 for 5 years.
Put my first forum (bbs) online in 1998.
Built it into a million page views a day system (that is still running today).
What I am saying is I know online communities and the quality of those communities.
Somewhere along there, I missed a day in school or something? How the f* is reddit garbage worth this to Google? Google paying reddit is so absurd to me, that I simply can't fathom it. This absolutely makes no sense to me why Google would want this. The only value of reddit I see, is to spam it with backlinks.

Explain it to me like I am 5 please.

Comment Re:Fuck our corporate overlords (Score 0) 41

> preserve public work.

No - it's not public work - it is a commercial product. There is no abandoment here. You can still buy Sinatra on Amazon.

If it were anything to do with preserve, they wouldn't be streaming it and only keeping it on file.

> $621 Million We don't know the extent of what they were distributing.

All we do know, is that the "archive" acted in a napster like pirate fashion by dl'ing copyright works - rebroadcasting them and depriving the rightful owners of those copyrights royalties from those works.

I am not a fan of the riaa, but what internet archive has done throughout it's history is wrong. There is no lawful public benefit to its existence. And I know I am a lone voice on this platform, but lets hope this is the beginning of the end for ia.

Comment Re:I never stopped using perl (Score 1) 86

Ditto - approached 3m lines of perl written over the years. Even knowing: 6502/65816/8086 ml expert level, basic, php, js, python, c++, and vb.net - coding in Perl ships faster, easier, and almost always more maintainable than any of the other ones I know.

The beauty of vibe coding with Perl is there is so much documentation and support in the public sector, that all the big llms know perl inside and out. I've taking meg upon meg of code and dumped it into llms and cleaned up production code. Meanwhile, chatgpt kinda punks when you do that with some of the other languages ("here, track down this bug I introduced two weeks ago that you never caught at the time...").

Comment Re:Lets just State The Obvious (Score 1) 41

Read that ars article I linked to - spells it all out "Facebook in 2017 figured out a way to make money from a new online-advertising bidding system. Google thought that new tactic posed an "existential threat" to its own massive slice of the advertising pie and made an agreement with Facebook: Facebook would cut back on the new tech, and Google would give Facebook a big edge in its own advertising auctions."

That did not come up in court. The emails that the state of tx says exist between Facebook and Google, are not in evidence.

Comment Lets just State The Obvious (Score 2) 41

It was too complicated for the judge or the DOJ to understand.

They were busy arguing about Chrome, defaults, and algo minutia.

  1. Google divesting of chrome would have done nothing. It's an open source project. Google would have simply 'appified' the entire ecosystem and slammed it down the throat of the internet using the power of the search engine - again.
  2. Defaults. Google could easily have turned the loss of apple-as-default into a win. Google gets so little from the apple default. It's not a payment for default on devices, the $25b is please don't sue us for stealing your phone idea. "I would go nuclear in defense of iPhone" - Steve Jobs. I believe the $25b is a payoff to keep in Apples good graces.
  3. Algo. by the time Google is forced to share anything - the algo will have changed - ai will have been embedded - the index will have changed - they will share nothing but junk data with anyone.

The focus should have been on the collusion with Facebook, https://arstechnica.com/tech-p...

The bottom line is simple: Google has destroyed the internet advertising space.

In 1999, I ran banners for $12-15 cpm. Post crash, the day AdSense launched I was running them for about $6cpm. By 2015, those ads were making less than $2 cpm, and today it is down to less than .25cents cpm and traffic had dried up. Better content - more fresh - quality than ever before.

Google used the power of the search engine algo to destroy internet advertising programs (including affiliate programs). I fully believe Google targeted affiliate programs by reducing clicks it sent to them.

I also believe they reduced traffic to AdSense sites to drive advertisers to the AdWords where Google's "take" was much higher.

All of that just never bothered to come up in court.

Comment Google is the new AOL (Score 1) 30

This is how Google stole the entire internet while everyone was watching. 50yrs from now, this will be a text book case of how a monopoly applies pressure through out it's ecosystem. Google is now the most powerful entity in the world. If I were apple or microsoft, I would be very very scared tonight. https://s.yimg.com/ny/api/res/...

Submission + - Google AIO in Violation of it's Own Spam Policies? (x.com)

TheWho79 writes: A viral post on Twitter/X by Nate Hake points out that Google AI overviews violates most of Google content guidelines.

-No first-hand experience -Uses extensive automation -No expertise -Primarily summarizes what others have written

Screen shots from the Google guidelines, paint a damning picture of Google AIO as spam. In fact, many commentors said that Google AIO actually violate most — if not all — Googles own guidelines.

Comment Is OpenAI Scrapping or APi'ing? (Score 1) 9

Is OpenAi scraping SerpAPI via SerpAPI's API, or are they just bumping into something that SerpAPI has left laying around? That is the only questions left. (that, and how fast will SerpAPI's Google access get pulled?)

Because finding Google 'serps' in ChatGPT SearchGPT is next to almost impossible. (sorry to link drop, but I've following this saga indepth over here: https://www.searchengineworld.... )

But, everybody loves to rag on OpenAI and the internet has had this story wrong, almost entirely up until now. So why should we believe "the information" got it right?

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