grtteee

Why did they even bother putting resources into that project? Bizarre.

It’s telling how scarce vision is.

Most people here have no idea what works for the majority of people - who don’t want to spend time figuring stuff out.

I’m sure many here live in delulu land wondering why everyone doesn’t find the open claw stuff as fascinating as they do.

I never commented on profitability, only revenue.

And I’m referring to selling tokens to enterprises that produce software.

The whole point of click and point (gui) was that one barely had to engage the brain vs using a terminal.

The ideal experience is where one’s resources are able to be allocated such that one can achieve some goal with minimal effort. We are very far away from this ideal with llm’s and absurd amounts of money has already been spent.

Most people don’t want to accept and believe that the only viable revenue stream is selling tokens in relation to software development.

All the other stuff is nice… but you will continue to be money losing and eventually die.

Now you can’t come out and say this because there’s a whole bunch of investments that depend on hype - think about the robotics nonsense.

lol is that you Sam?

People who participate in the stock market (which tends to be many people who may even be anti-capitalist) do so in the hope of generating excess returns.

Is this really a function of capitalism or just who humans really are in general? That is to say humans are self interested and desire to maximise their own wealth.

Reasoning by analogy only works if the characteristics that comprise both things are shared in great magnitude.

If you really believe that then… lol.

It’s easier to view it in terms of DCF - the value of a cash flow generating asset = present value of expected cash flows discounted back at a risk discount adjusted rate. In other words what you’ve invested into your existing assets is irrelevant - the cash flows generated by them and the growth assets through future investment, is what matters.

But you can use squarespace/shopify etc for that…

I suggest you watch the original iPhone video launch - Steve compares the iPhone with the existing smartphones of the time.

You’re taking for granted that we know how things panned out in hindsight. A complete touch screen phone with no fixed buttons at that time seemed nuts.

It’s our job not to fall for the trap if that is what is being said behind closed doors ;)

Edit - lol @ the bozo who downvoted my post. Is that you scam Altman?

That’s exactly why you haven’t lost it.

This argument has held up in the past but there’s no certainty that during this current period where LLM’s are not perfect (and in many cases far from perfect) - they can ever become perfect that it’s fine for one’s existing human capital to depreciate.