[–] 2 points 13 hours ago

Hacking sort of depends on there being a bug in the targeted infrastructure, a so called exploit, which you can, well, exploit. If you don't have one, all you can do is brute force attacks, which are impractical, no matter how much you're willing to invest. You may want a high end llm looking for vulnerabilities, but the enemy probably doesn't have enough stuff to justify using more than a handful of those. And you'd want those computers running in underground bunkers, not in exposed data centers on the surface.

The whole data center build out only serves to excite investors. It's a waste of resources in every other regard. A symptom of late-stage capitalism.

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  • [–] 16 points 4 days ago (5 children)

    Crypto is a zero-sum game. (If you neglect mining cost, otherwise it's negative sum). You can get rich with crypto, but the expectation is that for every dollar you put in, you get a dollar out. It's mathematically impossible for every bitcoiner to make a profit 📈.

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  • [–] 3 points 6 days ago

    You can’t argue with the correctness of his statement. You need other arguments. These arguments exist.

    Here's a counterargument: The resources wouldn't be scarce if his company didn't buy all of it for exetremely questionable gain. (Three years into the bubble, and AI compute is still being sold at a subsidized rate. You'd think if enough genuine demand existed to justify the buildout, you'd have to pay dearly for any AI use.

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