Comment Re: So let them fail (Score 1) 109
ChatGPT says there are students that learn and students that coast. AI is just another tool that spans the difference.
ChatGPT says there are students that learn and students that coast. AI is just another tool that spans the difference.
the only reason bitcoin still works was because Blackrock propped up bankrupt miners in 2023 so they could ETF the hell out of it. Miners losing money since the coin halving in April 20w4 and the next coin halving will accelerate losses exponentially. the math is pretty simple...
annual income = # of coins x price per coin
annual energy cost = terawatts used x cost per terawatt.
Annual Coin Income: $77k x 165k coins = $12.7 billion
Annual Energy Cost: 169 terawatts @ $0.105 per kwatt = $17.7 billion
Annual Net Loss: $5.0 billion
50% of miners went bankrupt in 2023 and bitcoin came close to systemic failure. Same thing is happening again, miners have collectively lost around $4 billion since April 2024 and are losing around $500 million per month right now.
https://www.scry.llc/2026/02/0...
.
98% of investors don't realize that the bitcoin miners have been losing money for 20 of the past 25 months since the last coin halving. they're spending around $18 billion in energy to mine 165k coins at $70k. Do the math
the miners have been redirected assets away from Bitcoin to AI, the Bitcoin network has been oversaturated since August and doubled saturation rate in May.
https://www.scry.llc/2026/05/2...
ie. bitcoin is probably dropping 10% of its transactions now.
AI makes software a much cheaper commodity and Law of Demeter is superceding the aging framework of fiat currency.
https://www.scry.llc/2025/05/0...
"Monetary reality shapes resource use and efficiency. The Age Of Fiat created enormous dysfunctionality and dislocation of resources which will likely reverse soon"
https://www.scry.llc/2025/12/0...
"Globalism is an artifact of a transitional condition: widespread acceptance of fiat currency. As its masking power weakens, organizations like the BRICS countries are turning to localized, commodity-based sytems."
Sovereign IT systems are trending up.
all of social media installed Biden's FBI censors. how quickly they forget.
how has employment for under 30 year olds plummeted if hiring levels are the same and immigrants are being removed from labor market?
It's simple and self serving, the correct historical answer is to redistribute a shrinking amount of work over the entire workforce, ie a shorter workweek. UBI will create permanent poverty level while maximizing billionaire income.
https://www.scry.llc/2025/01/2...
Many of these tech CEOs are more ruthless than intelligent. See workweek history here...
Wozniak is wrong. We live in a time which punishes non-conformity through jobs and social standing. It's bad advice for the majority of graduates. For every Amelia Earhart, there are ten cat lady Janes. Most people want to believe they're unique while they read and write the same social media and get the same tattoos.
"optimize box office revenue"
partly an unintended side effect of things like DEI, which disassociate money from production (ie JOBS) and associates money to social status like skin color, etc.
surprise!
the fix is redistribution of work over a broader section of the population. but none of y'all seem able to do the math.
https://www.scry.llc/2024/12/2...
equilibrium is the goal.
https://www.scry.llc/2022/01/1...
"5. Red Flags: I avoid jobs which gush about diversity and inclusion."
because it usually means I end up as the Diversity Cleanup janitor
"OH, HELL NO!!!!"
"I was reading this Slashdot article about overworked AIs when a thought that'd been germinating for months finally sprouted. Software is rapidly requiring the skills of a psychologist and you might want to avoid placing the wrong worker in a marginal position that they're not suited for.
We can apply this idea to LLMs, too..."
"think I'm getting huge value and speed from gemini... the key to me is that I work at mid to high levels of abstraction, work in small logical units, review the output, and let the tool worry about the grunt work. I work as a product designer, it works as a coder. My designs are improving significantly"
pretty much my experience. i ran into the indeterministic behavior/context window issues very early on and modified my methodology. i do small, discrete pieces, always add existing schemas/specs etc so Chat always has the right context and i dont try to patch stuff, i just erase and rebuild from scratch. Chat definitely gets twisted if you make revisions in the same context.
Getting the job done is no excuse for not following the rules. Corollary: Following the rules will not get the job done.