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Joined 2 years ago
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Cake day: February 24th, 2024

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  • What I have observed in busienss is that smart people do smart things with AI. Just Like a well skilled person can do great things with a spreadsheet.

    Stupid and lazy people do stupid and lazy things with AI, while looking smart. Just like that guy who build crap spreadsheets, but knows how to make them look pretty.

    Most of the labour destroying practices come from market capitalism and shareholder culture. AI is just the excuse.

    The IP theft is part of the business model in my mind, but I take your point. Its similar to the early days of the internet and the dot com boom and bust.









  • It’s called incumbency.

    I remember a time when IBM had 95% market share of the PC market.

    Then Apple and Microsoft innovated them out of the market, in software.

    Blackberry had 80%+ market share of the smartphone segment they popularized. In 4 years it was almost entirely gone.

    It happens when the engineers are sidelined and the finance and marketing people take over.

    They are blind to any trends that they do not control. They are unable to innovate and unwilling to take risks. It kills gigantic companies slowly at first and then very quickly.