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If anyone wants to know why every tech company in the world right now is clamoring for AI like drowned rats scrabbling to board a ship, I decided to make a post to explain what's happening.
(Disclaimer to start: I'm a software engineer who's been employed full time since 2018. I am not a historian nor an overconfident Youtube essayist, so this post is my working knowledge of what I see around me and the logical bridges between pieces.)
Okay anyway. The explanation starts further back than what's going on now. I'm gonna start with the year 2000. The Dot Com Bubble just spectacularly burst. The model of "we get the users first, we learn how to profit off them later" went out in a no-money-having bang (remember this, it will be relevant later). A lot of money was lost. A lot of people ended up out of a job. A lot of startup companies went under. Investors left with a sour taste in their mouth and, in general, investment in the internet stayed pretty cooled for that decade. This was, in my opinion, very good for the internet as it was an era not suffocating under the grip of mega-corporation oligarchs and was, instead, filled with Club Penguin and I Can Haz Cheezburger websites.
Then around the 2010-2012 years, a few things happened. Interest rates got low, and then lower. Facebook got huge. The iPhone took off. And suddenly there was a huge new potential market of internet users and phone-havers, and the cheap money was available to start backing new tech startup companies trying to hop on this opportunity. Companies like Uber, Netflix, and Amazon either started in this time, or hit their ramp-up in these years by shifting focus to the internet and apps.
Now, every start-up tech company dreaming of being the next big thing has one thing in common: they need to start off by getting themselves massively in debt. Because before you can turn a profit you need to first spend money on employees and spend money on equipment and spend money on data centers and spend money on advertising and spend money on scale and and and
But also, everyone wants to be on the ship for The Next Big Thing that takes off to the moon.
So there is a mutual interest between new tech companies, and venture capitalists who are willing to invest $$$ into said new tech companies. Because if the venture capitalists can identify a prize pig and get in early, that money could come back to them 100-fold or 1,000-fold. In fact it hardly matters if they invest in 10 or 20 total bust projects along the way to find that unicorn.
But also, becoming profitable takes time. And that might mean being in debt for a long long time before that rocket ship takes off to make everyone onboard a gazzilionaire.
But luckily, for tech startup bros and venture capitalists, being in debt in the 2010's was cheap, and it only got cheaper between 2010 and 2020. If people could secure loans for ~3% or 4% annual interest, well then a $100,000 loan only really costs $3,000 of interest a year to keep afloat. And if inflation is higher than that or at least similar, you're still beating the system.
So from 2010 through early 2022, times were good for tech companies. Startups could take off with massive growth, showing massive potential for something, and venture capitalists would throw infinite money at them in the hopes of pegging just one winner who will take off. And supporting the struggling investments or the long-haulers remained pretty cheap to keep funding.
You hear constantly about "Such and such app has 10-bazillion users gained over the last 10 years and has never once been profitable", yet the thing keeps chugging along because the investors backing it aren't stressed about the immediate future, and are still banking on that "eventually" when it learns how to really monetize its users and turn that profit.
The pandemic in 2020 took a magnifying-glass-in-the-sun effect to this, as EVERYTHING was forcibly turned online which pumped a ton of money and workers into tech investment. Simultaneously, money got really REALLY cheap, bottoming out with historic lows for interest rates.
Then the tide changed with the massive inflation that struck late 2021. Because this all-gas no-brakes state of things was also contributing to off-the-rails inflation (along with your standard-fare greedflation and price gouging, given the extremely convenient excuses of pandemic hardships and supply chain issues). The federal reserve whipped out interest rate hikes to try to curb this huge inflation, which is like a fire extinguisher dousing and suffocating your really-cool, actively-on-fire party where everyone else is burning but you're in the pool. And then they did this more, and then more. And the financial climate followed suit. And suddenly money was not cheap anymore, and new loans became expensive, because loans that used to compound at 2% a year are now compounding at 7 or 8% which, in the language of compounding, is a HUGE difference. A $100,000 loan at a 2% interest rate, if not repaid a single cent in 10 years, accrues to $121,899. A $100,000 loan at an 8% interest rate, if not repaid a single cent in 10 years, more than doubles to $215,892.
Now it is scary and risky to throw money at "could eventually be profitable" tech companies. Now investors are watching companies burn through their current funding and, when the companies come back asking for more, investors are tightening their coin purses instead. The bill is coming due. The free money is drying up and companies are under compounding pressure to produce a profit for their waiting investors who are now done waiting.
You get enshittification. You get quality going down and price going up. You get "now that you're a captive audience here, we're forcing ads or we're forcing subscriptions on you." Don't get me wrong, the plan was ALWAYS to monetize the users. It's just that it's come earlier than expected, with way more feet-to-the-fire than these companies were expecting. ESPECIALLY with Wall Street as the other factor in funding (public) companies, where Wall Street exhibits roughly the same temperament as a baby screaming crying upset that it's soiled its own diaper (maybe that's too mean a comparison to babies), and now companies are being put through the wringer for anything LESS than infinite growth that Wall Street demands of them.
Internal to the tech industry, you get MASSIVE wide-spread layoffs. You get an industry that used to be easy to land multiple job offers shriveling up and leaving recent graduates in a desperately awful situation where no company is hiring and the market is flooded with laid-off workers trying to get back on their feet.
Because those coin-purse-clutching investors DO love virtue-signaling efforts from companies that say "See! We're not being frivolous with your money! We only spend on the essentials." And this is true even for MASSIVE, PROFITABLE companies, because those companies' value is based on the Rich Person Feeling Graph (their stock) rather than the literal profit money. A company making a genuine gazillion dollars a year still tears through layoffs and freezes hiring and removes the free batteries from the printer room (totally not speaking from experience, surely) because the investors LOVE when you cut costs and take away employee perks. The "beer on tap, ping pong table in the common area" era of tech is drying up. And we're still unionless.
Never mind that last part.
And then in early 2023, AI (more specifically, Chat-GPT which is OpenAI's Large Language Model creation) tears its way into the tech scene with a meteor's amount of momentum. Here's Microsoft's prize pig, which it invested heavily in and is galivanting around the pig-show with, to the desperate jealousy and rapture of every other tech company and investor wishing it had that pig. And for the first time since the interest rate hikes, investors have dollar signs in their eyes, both venture capital and Wall Street alike. They're willing to restart the hose of money (even with the new risk) because this feels big enough for them to take the risk.
Now all these companies, who were in varying stages of sweating as their bill came due, or wringing their hands as their stock prices tanked, see a single glorious gold-plated rocket up out of here, the likes of which haven't been seen since the free money days. It's their ticket to buy time, and buy investors, and say "see THIS is what will wring money forth, finally, we promise, just let us show you."
To be clear, AI is NOT profitable yet. It's a money-sink. Perhaps a money-black-hole. But everyone in the space is so wowed by it that there is a wide-spread and powerful conviction that it will become profitable and earn its keep. (Let's be real, half of that profit "potential" is the promise of automating away jobs of pesky employees who peskily cost money.) It's a tech-space industrial revolution that will automate away skilled jobs, and getting in on the ground floor is the absolute best thing you can do to get your pie slice's worth.
It's the thing that will win investors back. It's the thing that will get the investment money coming in again (or, get it second-hand if the company can be the PROVIDER of something needed for AI, which other companies with venture-back will pay handsomely for). It's the thing companies are terrified of missing out on, lest it leave them utterly irrelevant in a future where not having AI-integration is like not having a mobile phone app for your company or not having a website.
So I guess to reiterate on my earlier point:
Drowned rats. Swimming to the one ship in sight.
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wip from today!
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Juno: Legosi-senpai, how do I ask Haru out?
Legosi: Well, first you-
Louis: No, don’t ask him. He asked me out in a McDonald’s bathroom.
Juno:
Juno: And you said yes?
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Louis: Dads, I... like Legosi.
Ibuki, sipping his coffee: Why not, dear? Legosi is a very nice boy.
Louis: No dad, I mean... I really like Legosi.
Oguma, not taking his eyes of his newspaper: We heard you the first time son, you have an homosexual attraction to Legosi.
Louis:
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Louis buys Legosi a shirt
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Legosi: Grandpa, I lost my virginity today
Gosha: That’s my boy! Let’s sit down and celebrate!
Legosi: I can’t, sit down kind of hurts right now
Gosha:
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Legosi: I don’t like playing basketball. I feel inferior to all other players and I end up playing like shit.
Bill: Don’t worry Legosi! Drink this! Is the Beastar’s super secret energy drink!
Legosi drinks it
Legosi, screaming: WOW! I FEEL INVINCIBLE! LET’S WIN THIS FUCKING GAME! I’LL WRECK HAVOC ON YOU, GUYS!
Louis: Oh? I see what you did. You played the “Space Jam” card. That was just water and once we won you’ll tell him that the power was inside him all along, and he just needed to believe in himself. That’s sweet.
Bill, confused: No, I put cocaine in it.
Louis:
Bill: We are losing by 20 points, for fuck sake.
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Louis: So... Are you still with... Haru?
Legosi, embarrassed and upset: No...
Bill, smiling: Did we touch a sore point?
Legosi, sadly nodding:
Bill: You've just broken up.
Legosi, biting his cheeks: Hmmm-mm.
Bill: She dumped you!
Legosi, practically crying: Hmmm-mm!
Bill, to Louis: It shows.
Louis, whispering to him: Are you and Idiot!?
Bill: For another wolf!?
Legosi: *sobbing*
Louis, hugging Legosi: Stop it Bill!
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I just saw this and I’m cackling:
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One unexpected thing about being on T is the way that cis men are also jealous of you
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Jason: usually I don't ask when you hack into our devices, but why did you steal dickface’s laptop?
Tim: I don't understand it, I hack everything and so has Barb but we can't get into his devices, I'm seeing what he put up so maybe I can recreate it.
Stephanie: shortened Timism, he's ego bruised and we've been here trying to figure out his password for six hours.
Tim: what else can he hate!?
Damian: have you tried father?
Tim: did that.
Jason: Jeremy Dean?
Tim: yep.
Duke: tax season?
Tim: I know how much he cried during those days, of course I tried it.
Cass: it's a math problem, he hates math.
Barbara: but what problem!?
Jason: maybe he told one of his friends what it was, call Donna.
Called Donna
Donna: hello bat brats
Tim: what is Dick's password for his laptop?
Donna: *laughing in she knows but is loyal to her friend chaotic shit* I'm not at liberty to say, it's very complicated anyways, bye and good luck losers.
Jason: I've missed her, okay uhhhh who else?
Stephanie: Wally, he's a best friend, and if it's like me and Timmy he probably knows.
Called Wally
Wally: I swear Steph I love you like a little sister I never wanted to have but if you spoil this series again for me I'll cancel my Netflix account.
Stephanie: noooooo, please! I'm calling because we're having trouble getting into Dick's laptop, do you know his password?
Wally, sighs deeply and long: yes, but I'm not going to tell you anything.
Duke: come on man…
Jason: what does he have on you?
Wally: the most embarrassing dirt he could ever have on me, he knows I helped y'all I'm done for, I wouldn't be able to walk out of my house… good luck though and if you do get in please send his Hulu account stuff, Roy kicked me out.
Stephanie: will do walls!
Jason: call Roy.
Tim: what about Garth?
Stephanie: Garth definitely don't know
Tim: okay...
Calling roy
Roy: what's up?
Jason: what's Dick's password for his damn laptop
Roy: oh, it's *insert math shit that equals to saying 'Stop snooping Timmy' if you go by the number of letters I alphabet*
Tim: ... No uh no blackmail on you or?
Roy: no Dick in the gc is laughing his ass off at you and told me to tell ya.
Tim: what!?
Dick, out of nowhere: didn't I tell you I know what everyone is doing at all times?
Batsibs: *screams*
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Fuck tesla they hurt our local small business pie bakery >:(
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Get fucked cunt.
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Is your pro-Palestine activism hurting innocent people? Here's how to avoid that.
Over the last few days, I’ve had conversations with several Jewish people who told me how hurt and scared they are right now.
To my great regret, some of that pain came from a poorly-thought-out post of mine, which – while not ill-intentioned – WAS hurtful.
And a lot of it came from cruelty they’d experienced at the hands of people who claim to be advocating for Palestine, but are using the very real plight of innocent Palestinians to harm equally innocent Jewish people.
Y’all, we need to do better. (Yes, “we” definitely includes me; this is in no small part a “learn from my fail” post, and also a “making amends” post. Some of these are mistakes I’ve made in the past.)
So if you’re an advocate for Palestine who wants to make sure that your defense of one group of vulnerable people doesn’t harm another, here are some important things to do or keep in mind:
Ask yourself if you’re applying a standard to one group that you aren’t applying to another.
Would you want all white Americans or Canadians to be expelled from America or Canada?
Do you want all Jewish people to be expelled from Israel, as opposed to finding a way to live alongside Palestinian Arabs in peace?
If the answer to those two questions is different, ask yourself WHY.
Do you want to be held responsible for the actions of your nation’s army or government? No? Then don’t hold innocent Jewish people responsible for the actions of the Israeli army and government.
On that subject, be wary of condemning all Israeli people for the actions of the IDF. Large-scale tactical decisions are made by the top brass. Service is compulsory, and very few can reasonably get out of service.
Blaming all Israelis for the military’s actions is like blaming all Vietnam vets for the horrors in Vietnam. They’re not calling the shots. They aren’t Nazis running concentration camps. They are carrying out military operations that SHOULD be criticized.
And do not compare them or ANY JEWISH PERSON to Nazis in general. It is Jewish cultural trauma and not outsiders’ to use against them.
Don’t infuse legitimate criticism with antisemitism.
By all means, spread the word about the crimes committed by the Israeli army and government, and the complicity of their allies. Criticize the people responsible for committing and enabling atrocities.
But if you imply that they’re committing those crimes because they’re Jewish, or because Jewish people have special privileges, then you’re straying into antisemitic territory.
Criticize the crime, not the group. If you believe that collective punishment is wrong, don’t do it yourself.
And do your best to use words that apply directly to the situation, rather than the historical terms for situations with similar features. For example, use “segregation,” “oppression,” or “subjugation,” not “Holocaust” or “Jim Crow.” These other historical events are not the cultural property of Jews OR Palestinians, but also have their own nuances and struggles and historical contexts.
Also, blaming other world events on Jewish people or making Jewish people associated with them (for instance, some people falsely blame Jewish people for the African slave trade) is a key feature of how antisemitism functions.
Please, by all means, be specific and detailed in your critiques. But keep them focused on the current political actors – not other peoples’ or nations’ political or cultural histories and traumas.
Be prepared to accept criticism.
You probably already know that society is infused with a wide array of bigotries, and that people growing up in that environment tend to absorb those beliefs without even realizing it. Antisemitism is no exception.
What that means is, there’s a very real chance that you will screw up, and get called out on it, as I so recently did.
If that happens, please be willing to learn and adapt. If you can educate yourself about the suffering and needs of Palestinians, you can do the same for Jewish people.
Understand that the people you hurt aren’t obligated to baby you. Give them room to be angry.
After I made a post that inadvertently hurt people, some were nice about it, and others weren’t. Some outright insulted my morals and intelligence.
And I had to accept that I’d earned that from them.
I’d hurt them, and they weren’t obligated to be more careful with my feelings than I had been with theirs.
They weren’t obligated to forgive me, trust me, or stop being mad at me right away.
I’ll admit, there were moments when I got defensive. I shouldn’t have. And I encourage you to try not to, if you screw up and hurt people.
I know that’s hard, but it’s important. Getting defensive only tells people you care more about doubling down on your mistake than you do about healing the hurt it caused.
Instead, acknowledge that they have a right to be angry, apologize for the way you hurt them, and try to make amends, while understanding that they don’t owe you trust or forgiveness.
Be aware that some antisemites are using legitimate complaints to “Trojan horse” antisemitism into leftist spaces.
This is a really easy stumbling block to trip over, because most people probably don’t look at every post a creator makes before sharing the one they’re looking at right now.
I recently shared a video that called out some of the Likud and IDF’s atrocities and hypocrisy, and that also noted that many Jewish people are wonderful members of their communities.
I was later informed that, while that video in particular seemed reasonable, the creator behind it is frequently antisemitic.
I deleted the post, and blocked the creator. I encourage you to do the same if it’s brought to your attention that you’ve been ‘Trojan horse’d.
Fact-check your doubts about antisemitism.
Depending on which parts of the internet you look at, you’ve probably seen people accused of antisemitism because they complained about the Likud and/or IDF’s actions. So you might be primed to be wary, or feel unsure of how to tell what counts as real antisemitism.
But that doesn’t mean antisemitism isn’t a very real, widespread, and harmful problem. And it doesn’t mean many or even most Jewish people are lying to you or being overly sensitive.
So if someone says something is antisemitic, and you aren’t sure, I encourage you to:
A. Look up the action or thing in question, including its history. Is there an antisemitic history or connotation you aren’t aware of? For best results, include “antisemitic” in your search query, in quotes.
B. Understand that some things, while not inherently antisemitic, have been used by antisemites often enough that Jewish people are understandably wary of them. Schrodinger’s antisemitism, if you will.
C. Ask Jewish people WHO HAVE OFFERED TO HELP EDUCATE YOU. Emphasis on WHO HAVE OFFERED. Random Jewish people aren’t obligated to give you their time and emotional energy, or to educate you – especially on subjects that are scary or painful for them.
@edenfenixblogs has kindly offered her inbox to those who are genuinely trying to learn and do better, and I’ve found her to be very kind, patient, reasonable, and fair-minded.
Understand that this is URGENTLY NEEDED.
In one of my conversations with a Jewish person who’d called me out, they said this was the most productive conversation they’d had with a person with a Palestinian flag in their profile.
THIS IS NOT OKAY.
I didn’t do anything special. All I did was listen, apologize for my mistakes, and learn.
Yes, it feels good to be acknowledged. But I feel like I’ve been praised for peeing IN the toilet, instead of beside it.
Apologizing, learning, and making amends after you hurt people shouldn’t be “the most reasonable thing I’ve heard from a person with a Palestinian flag pfp.”
It should be BASIC DECENCY.
And the fact that it’s apparently so uncommon should tell you how much unnecessary stress and fear Jewish people have been living with because of people who consider themselves defenders of human rights.
By all means, be angry at the Likud, the IDF, and the politicians, reporters, and specific media outlets who choose to enable and cover up for them.
But direct that anger toward the people who deserve it and are in a position to do something about it, not random people who simply happen to be Jewish, or who don’t want millions of people to be turned into refugees when less violent methods of achieving freedom and rights for Palestinians are available.
Stop peeing beside the toilet, people.
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boys. you are debriefing in front of your captain. maybe sit a little far away?
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hello?? the space between geordi and riker sends me
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Someone show these gifs to Michael Sheen, I wanna find out just how fast the brain cells stop working in favour of cartoon heart eyes
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