aardrian, to random
@aardrian@toot.cafe avatar

Whenever an org says it wants to use ‘AI’ for a better customer experience, it is almost certainly lying.

Customers are not clamoring for shitty chat bots that extend the time to get to a real human. Customers are not asking for LLM-authored SEO-driven FAQ pages. Customers are not asking for yet more hero images of people with extra fingers.

The org is likely only interested in using ‘AI’ to reduce effort, save money, cut staff.

xorbit,

@aardrian "" is a prime example of the damage done by funding too. Considering the energy use, these services are operating at a loss just to gain market share, it's warping the real competitive picture and people are falling for it. Happens every. Single. Time.
By the time the VC money runs out, there's enough buy-in to make it hard to reverse, the damage to society will have been done, and the VCs can start raking in the dough...

aral, to startups
@aral@mastodon.ar.al avatar

Do I want it?

Is it by a startup?

No.

(A ‘startup’ is not just any new small business. It’s a temporary venture capital funded company that must either fail fast or exit. An exit is where you’re either bought by Big Tech or become Big Tech through an IPO. To understand this better, if you have a sustainable small company, a startup is what will put you out of business.)

aral, to random
@aral@mastodon.ar.al avatar

Hello, I am a new startup!

I’m funded by venture capital and free to use.

Please come and make me valuable by using me. Make my numbers go up!

Once you do, I’ll have everything I need and I can do whatever I want with the time and effort you’ve put into making me successful.

Not happy? Fuck you, I don’t need you anymore (network effects FTW, amirite?)… I’m laughing all the way to the bank.

Goodbye!

Hello, I am a new startup…


When are we going to learn to say “no” at the start?

aral,
@aral@mastodon.ar.al avatar

If you want to understand how startups and venture capital work, go to 26:24 on the recording of my talk “Excuse Me, Your Unicorn Keeps Shitting In My Back Yard, Can He Please Not?” from 2016:

https://ar.al/talks/#excuse-me-your-unicorn-keeps-shitting-in-my-back-yard-can-he-please-not

#startups #ventureCapital #VC #SiliconValley #BigTech #enshittification #PeopleFarming #surveillance #capitalism #surveillanceCapitalism #video

aral,
@aral@mastodon.ar.al avatar

A startup cannot enshittify if you don’t allow it to start up.

Once it starts up, gains traction, and the network effects kick in, you lose the power to do anything about it.

The only time you can kill a venture-capital funded startup is at the very beginning.

The way you kill a startup is by not using its free services at the start.

The correct answer to a venture-capital funded startup is always “no, thank you!”

marcel, to ai
@marcel@waldvogel.family avatar

In a interview this week, @Mer__edith explains the relationship between and :

«VC's require hype to get a return on investment because they need an IPO or an acquisition […] You don't get rich by the technology working, you get rich by people believing it works long enough that one of those two things gets you some money.»

Quote starts at 17:35; entire statement on hype at 14:02
https://www.washingtonpost.com/washington-post-live/2023/10/26/lessons-last-decade/
h/t @adfichter and on

aral, to design
@aral@mastodon.ar.al avatar

Silicon Valley has just one service they sell, available to the highest bidder: exploitation.

It might look like a phone, a laptop, a social network, or even a car but it’s always just the same thing, decorated differently: a mechanism by which to addict you, extract value from you, and exploit you for profit.

https://vimeo.com/281704944

#design #decoration #SiliconValley #extractivism #exploitation #PeopleFarming #BigTech #VentureCapital #VC #surveillance #capitalism #humanRights #democracy

parismarx, to tech
@parismarx@mastodon.online avatar

“There is something very, very wrong with us, that our society affords so much power to people like this.”

Rick Perlstein met Marc Andreessen in 2017. He said he was glad OxyContin was ripping through rural communities, which he despised.

https://prospect.org/power/2024-04-24-my-dinner-with-andreessen/

#tech #a16z #vc #politics

aral, to random
@aral@mastodon.ar.al avatar

Oh ffs, why do I even look into these things? I think I’m being harsh and then it’s always worse than I thought:

FairPhone has taken venture capital.

https://www.fairphone.com/wp-content/uploads/2023/01/Crowd-Notification.pdf

They’ve been invested in by, among others, Invest-NL (currently three exits, all IPOs¹) and Quadia (also three exits, all acquisitions²).

I would just like it if for once – fucking once – it wasn’t just about making money.

sigh

¹ https://www.crunchbase.com/organization/invest-nl/recent_investments
² https://www.crunchbase.com/organization/quadia/recent_investments

aral, to random
@aral@mastodon.ar.al avatar
amoroso, to linux
@amoroso@fosstodon.org avatar
SarahOestreich, to tech

Emblematic of brain rot. Celebrating CEOs colluding to keep wages down. These people are gross. Oh, and it was highly illegal. Do these people love or committing crimes? Either way, putting it in writing is a very stupid move.

happyborg, to reddit
@happyborg@fosstodon.org avatar

Current daily activity includes:

  • a daily does of deleting every #Reddit comment I've ever made. (I was a moderator for almost a decade).

I've already deleted all my posts, but my comments will take a while.

Not for you #LLMs
Not for you parasitic #VC's
Not for you Reddit enshitifiers
#Enshittification

aral, to ai
@aral@mastodon.ar.al avatar

Hey, have you donated to Mozilla recently? Congratulations, you helped them fund their AI startup with $30 million.

👏 👏 👏

#mozilla #MozillaAI #MozillaVC #AI #VC https://mstdn.social/@dalfen/111943351660201503

aral, to random
@aral@mastodon.ar.al avatar

Every now and then someone will ask me what VC stands for but I feel it’s easier to list what VC doesn’t stand for:

  • Human rights
  • Democracy
  • Sustainability

aral, to ai
@aral@mastodon.ar.al avatar

You mistake ruthless for smart and this is what you get.

aral, to startups
@aral@mastodon.ar.al avatar

Ello, Goodbye.

https://ar.al/notes/ello-goodbye/

(That feeling when you don’t have to write something about it today because you already said everything that needed to be said ten years ago.)

aral,
@aral@mastodon.ar.al avatar

“Venture capital is private subsidy that keeps the startup alive long enough until enough people have joined their platform. At this point, it’s too late. By being part of the platform we have created its value. This is the value that is sold in an exit. The only way to resist this system is to not build that value in the first place.”

https://ar.al/notes/ello-goodbye/

obeto, to random
@obeto@mas.to avatar

is now the team that "Failed To Launch".

? Failure to launch.
? Failure to launch.
-25B? Failure to launch.
New ? Failure to launch.
"Judas"*, the E-4B Nightwatch replacement? Failure to launch.

*I call the plane the "Judas", because if we ever have a need to use it, humanity must have betrayed ourselves before God and man. Just like Judas Iscariot.
https://newatlas.com/space/boeing-starliner-launch-fail/

ai6yr, (edited ) to venturacounty
@ai6yr@m.ai6yr.org avatar

"At 10:05AM on 12/30/2023, an EVACUATION WARNING has been issued for residences bordering Pacific Coast Highway, from Seacliff Avenue South to Emma Wood Group Camp, due to high surf impacting structures in the area." https://www.vcemergency.com/

chrisoffner3d, to Entrepreneur
aral, to random
@aral@mastodon.ar.al avatar

Sam Bankman-Fried will grow old in jail. But don’t forget those who basked in his orbit

https://www.theguardian.com/commentisfree/2024/mar/28/sam-bankman-fried-jail-ftx-money

#vc #SiliconValley

Via @leonp

aral, to programming
@aral@mastodon.ar.al avatar

Me: Hmm, maybe I should look into Bun again and see how its Node.js compatibility is coming along.

Also me: I wonder who makes Bun…

Me, yet again: Ah, it’s a venture-capital funded startup called Oven (see what they did there?)

Finally, me: rm -rf ~/.bun

(Remember, kids: Venture capital is the fart that precedes enshittification. It’s best not to linger once you’ve caught a whiff of it.)

aral, (edited ) to startups
@aral@mastodon.ar.al avatar

“The subtlety of it is pretty insidious. Like some kind of distributed long con, played out over and over, in the midst of so many millions of other simultaneous ones.”

@amatecha on VC (Venture Capital)

AlexCrimi, to startup

The #Bootstrapping #Startup Operating System
Nice post from Ash Maurya, the old good idea of running #lean always apply. Getting #customer- funded not #VC-funded is better:

https://www.runningleanmastery.com/p/the-bootstrapping-startup-operating

Anoncheg, to emacs


I answered 15 tricky questions for job at topics of DS, ML,
DL. I used ChatGPT to help me. 😈 All answers should be
correct, I will public my calculations after two week if I
wouldn't get offer. ◕‿◕

I learned VC (Version Control) package for Emacs. ⛏ VC isn't a
mode it is permanently available functionality ⚠, can be used
from file-visiting buffer, Dired buffer, VC Directory buffer.

VC offer very powerful commands: ᕙ( •̀ _ •́ )ᕗ

  • vc-next-action - universal intellectual action ✭
  • vc-annotate - for each line, show the latest revision in which
    it was modified. ⋆
  • vc-region-history - Display the history of changes made in the
    region of file visited by the current buffer. ★

I learned project management for Emacs with EDE and projectile
and I found it useless. Because Dired + Bookmarks just do the
same.
😶

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