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[–] 24 points 7 months ago

Reinventing scrip

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  • [–] 17 points 7 months ago
    [–] 15 points 7 months ago

    The bubble, she is about to burst!

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  • [–] 14 points 7 months ago* (1 child)

    You forward 16 prompts, what do you get?
    Another day older, and deeper in debt.
    Saint Peter (Thiel) don't you call me, cause I can't go
    I owe my soul to the AI store

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  • [–] 13 points 7 months ago

    Oh so we're reinventing company towns... Someone should tell them how that ended last time

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  • [–] 7 points 7 months ago

    Who wants to buy some genuine HiddenLayer555 natural stupidity tokens? Guaranteed to be natural, guaranteed to stupid.

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  • [–] 7 points 7 months ago
    [–] 4 points 7 months ago (1 child)

    Ok, so correct me if I'm wrong, but usually the reason you do this is because the cost to produce this benefit is lower than the price you usually sell it for, so you can inflate the claimed value of the benefit, both to appeal to candidates and to write it off on your taxes. But at the moment tokens are usually sold way below cost (i.e. the companies are not profitable), so why the fuck would any company do this? Are they this short on cash now?

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  • [–] 2 points 7 months ago

    Sammy gets moist thinking about assholes getting paid in tokens they can convert to crypto to pay for ChatGPT.

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  • 44 comments in c/aboringdystopia@lemmy.world view that post
    [–] 88 points 8 months ago (2 children)

    call me back when my landlord decides AI tokens are acceptable for rent

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  • [–] 52 points 8 months ago (2 children)

    You know I just checked, and my landlord doesn’t take AI tokens.

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  • [–] 44 points 7 months ago (3 children)

    The new company scrip.

    Still illegal.

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  • [–] 30 points 8 months ago (1 child)
  • [–] 56 points 8 months ago (2 children)

    A plot point in Terry Pratchett's book Going Postal was postage stamps being used as currency, because they were backed by the postal system, which was seen as trustworthy.

    This is a similar line of thinking, but far more delusional, as an AI company is nowhere near as trusted as the postal service.

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  • [–] 11 points 8 months ago

    Except these stamps can't even be handed over to someone else so you can't even pay for anything with them. So the delusion is that you're going to want to spend a significant part of your income on LM tokens no matter what.

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  • [–] 26 points 8 months ago
    [–] 25 points 8 months ago (3 children)

    You load 16 gigs, and what do you get? Sudo apt update && apt upgrade, Admin dont you call on me, cause I can't compute, I owe my soul to the LLM.

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  • [–] 2 points 7 months ago*

    You run 16 gigs, and what do you get?

    A pile of bugs and technical debt

    Copilot don't ask ask for tokens cause I don't got no 'mo

    I sold my soul to the Microslop store

    Booted up one morning when the sun didn't shine Looked through my Windows none of the software was mine

    I paid 16 subs for what I need to run

    And shareholders said "See now that's how it's done!"

    (Refrain)

    It was a torrent one morning saw it was made outta bits

    On an 8 gig stick and with Rufus it fits

    Wiped my hard drive clean and I was ready to go

    Left the Microslop store for the Trixie repo

    (Refrain)

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  • [–] 19 points 8 months ago (5 children)

    ??????? That’s not how getting paid works??????????

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  • [–] 8 points 8 months ago (3 children)

    The Business Insider article this article references makes a big stretch to try to frame it as compensation:

    In other words, access to AI may soon matter as much as access to a fat salary and juicy equity awards. As a coder in the AI era, if you don't have access to massive compute, you might end up producing far less software than your colleagues, threatening your career prospects.

    But what they're talking about is pretty clearly a business expense and not payment, because it's something they only get to use at work in order to do their job.

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  • [–] 0 points 7 months ago (2 children)

    That’s stupid. That’s like saying “instead of paying you a livable wage, here’s some pants! I mean you need to wear pants for work right? You can use them at home too!”

    Mf really out here thinking we use AI let alone wear pants in our own dang home. We want to cold hard cash! 💶💶💶!!! Lol

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  • [–] 2 points 7 months ago*

    I don't think they are even going to allow them to use these credits at home honestly, the whole idea is just that being able to claim that a previous job gave you $X in AI credits is valuable for a resume and and so counts as compensation. They aren't even talking about AI companies themselves doing this, it's speculation about other companies spending 100k a year per worker on AI and why that would be worth it. Kind of what you would expect from an article that is mostly about things people said on LinkedIn I guess.

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  • [–] 16 points 8 months ago

    Because AI companies are running out of money?

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  • [–] 12 points 7 months ago (1 child)

    No one ever pays me in gum :/

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  • [–] 10 points 7 months ago

    "Don't take wooden nickels"

    Steinbeck

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  • [–] 8 points 7 months ago* (last edited 7 months ago)

    They're going to have these giant data centers, and they will have residences next door, and a small little town will grow up around it, and the only money allowed will be company scrip, and these people will be trapped, essentially slaves.

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  • [–] 15 points 7 months ago*

    Any employee willing to be paid by token or crypto gets what they deserve. The only reason these companies can get away with this crap is because the proletariat are allowing it.

    You need a job, and you want it to be exciting; that’s understandable. Maybe you’re trying to break into the industry. Yes, it’s tough. People will tell you that you’ve got to pay your dues or some other “toe the line” bullshit.

    People need to realize that companies are not friends, they are a means to an end. And you are their means to an end. They will use you, just like you will use them. If they want you to work pong hours for as little pay as they can get away with, walk away. There are other jobs out there. They may not be glamorous, but they are out there.

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  • [–] 7 points 7 months ago (1 child)

    It's time to start demanding we be paid our wages in gold fucking nuggets.

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  • [+] 7 points 7 months ago* (last edited 7 months ago) (1 child)
  • [–] 4 points 7 months ago*

    The problem is that it definitely feels like something a libertarian tech bro would try.

    It's also not entirely false, or at least without precedent.

    Richardson has a unique and progressive way of running his company. To update an old adage, Richardson is putting his bitcoin where his mouth is. His platform pays its 250-plus employees in bitcoin. He takes his pay this way too. The company has opted for the bitcoin standard to both show commitment to the cause and streamline payroll for its global workforce.

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  • [–] 6 points 8 months ago (1 child)

    Funny idea, but never going to happen, not legal.

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  • [–] 5 points 7 months ago (1 child)

    This idea was most recently floated by Thibault Sottiaux at OpenAI: [Twitter, archive]

    I am increasingly asked during candidate interviews how much dedicated inference compute they will have to build with Codex.

    Aren't these candidates asking about token budgets for doing their job? This has nothing to do with compensation...

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  • [–] 4 points 7 months ago

    When society finally crumbles and the people storm the white house I have dibs on that gold wall sconce from home depot. The one on the left side, in that room where the lamp is, by the end table.

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  • [–] 4 points 7 months ago

    If only WorldCom had thought of paying employees in long distance minutes (they got for free at work), they'd still be around today, under theory that employees would still have worked there.

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  • [–] 2 points 7 months ago*

    Those "bozos" are desperate to capitalize on thin air, and fintech tells them to go ahead:

    AI cannot be managed with outdated cost models. Business leaders should treat AI economics with the same rigor as energy or capital allocation, recognizing tokens as the new currency

    https://www.deloitte.com/us/en/insights/topics/emerging-technologies/ai-tokens-how-to-navigate-spend-dynamics.html

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  • [–] 1 point 7 months ago

    What's is that good for?

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  • 33 comments in c/techtakes@awful.systems view that post
    [–] 110 points 8 months ago (13 children)

    This is not in any way a “new” idea. It’s company scrip — a company’s own made-up money that you can only spend in the company store.

    At least you could buy food with company script. Tech bros have really invented company script, but worse.

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  • [–] 43 points 8 months ago (3 children)

    This is exactly how the banana massacre in Colombia took place 100 years ago. Workers were being paid in United Fruit Company bonds, which caused revolts and protests, the US government threatened to invade to protect the company's interests, so the Colombian government deployed the army to suppress the protests and murdered thousands of farmers.

    This still shapes Colombian politics to this day, has appeared in A Hundred Years of Solitude, and has absolutely helped power the leftist movements in the country since. The parliament and president have constantly referenced this instance in recent years too as examples of American neocolonialism.

    It's a tale as old as time.

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  • [–] 16 points 7 months ago (2 children)

    it’s amazing what knowing even a lick of history can do, hey?

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  • [–] 10 points 7 months ago*

    Don't worry, the Colombian right wing has done its absolute best to victim blame the farmers, or to diminish the atrocity or to claim it was a necessary sacrifice.

    Meanwhile the Colombian guerrillas did their absolute best to shit on the popular movements that fueled them initially by allying themselves with drug traffickers and committing atrocities themselves against rural civilian populations.

    So basically the Colombian civilians of the 20th century were sandwiched between an overzealous fascist right wing and a violent and reckless left wing.

    Nowadays both sides are politically mostly rhetorical and the left wing is far less violent while the right wing is more careful about their image after losing elections and Congress seats to the left.

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  • [–] 21 points 8 months ago (3 children)

    Just a heads up that its "scrip" not "script" :3

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  • [+] 8 points 8 months ago (2 children)
  • [–] 7 points 7 months ago (1 child)

    We didn’t have many worker protections prior to this president and they just completed the biggest deregulation in history by far gutting the few agencies that investigated violations of labor law. Thiel, Karp and Musk have been very clear about their intentions to destroy democracy and replace it with feudalism supported by big tech. The EU will follow if you don’t stop supporting fascists because these tech companies have already infiltrated your governments.

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  • [–] 67 points 8 months ago

    Are none of them offering to convert their own wealth into AI tokens to signal their support for this new amazing system? Why not?

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  • [–] 56 points 8 months ago (2 children)

    Hopefully they run out of cash flow asap.

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  • [–] 15 points 7 months ago (1 child)

    as I said elsewhere: I suspect this is happening because cash is becoming tighter

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  • [–] 2 points 7 months ago

    It really looks like this is getting to the end. Somewhat paradoxically, I am on the edge on the issue, nearly being forced to join the LLM hype. I think this is the indicator.

    Gotta see what remains after bubble pops.

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  • [–] 25 points 8 months ago

    This just sounds like shittier crypto 2.0

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  • [–] 24 points 8 months ago

    “Thanks, I'm 300 tokens short for rent this month.”

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  • [–] 18 points 8 months ago (1 child)

    Labor theory of value, but worse

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  • [+] 14 points 8 months ago (6 children)
  • [–] 10 points 8 months ago (3 children)

    Why are people hating on / blocking dgerard?

    Fill me in, I've never heard of that user.

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  • [–] 29 points 8 months ago (2 children)

    oxy is a mastodon user who follows David so they’re most likely telling the AI startups in question to GTFO and lemmy has kindly reinterpreted that as a tag

    however,

    Why are people hating on / blocking dgerard?

    let’s go down the list! depending on the subculture, you’re blocking dgerard because:

    • you’re a Scientologist and interacting with dgerard will cost you your Operating Thetan rank
    • you’re a Rationalist and have read the Lightcone Infrastructure memo about how dgerard is the devil, beating out all other contenders for most evil being on the earth
    • you’re a cryptocurrency gambler and you think dgerard’s critiques lost you money
    • you run an AI startup and you think dgerard’s critiques lost you money
    • you’re on the far right and dgerard won’t let you edit misinformation straight into Wikipedia

    there are more, we can go deeper

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  • Sorry. That's not legal tender. 

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  • [–] 5 points 7 months ago* (last edited 7 months ago)

    Sixteen prompts
    What do i get?
    Another day older
    And deeper in dept
    Saint peter (thiel) dont call me
    Cause i cant go -
    I owe my soul to the AI slopstore

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  • [–] 3 points 8 months ago
    [–] 2 points 7 months ago

    @dgerard these tokens, are they... Fungible?

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  • [–] 2 points 7 months ago

    I literally thought this shit was The Onion at first glance

    we are living through the shittiest Shadowrun campaign ever written

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