this post was submitted on 01 Nov 2023
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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Title quote stolen from JZW: https://www.jwz.org/blog/2023/10/the-best-way-to-profit-from-ai/

Yet again, the best way to profit from a gold rush is to sell shovels.

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[–] fasterandworse@awful.systems 1 points 1 year ago

I remember someone saying the only way to make (real) money in crypto is to run a conference, I imagine AI will be the same for some time

[–] bitofhope@awful.systems 0 points 1 year ago (2 children)

IIRC Tuvalu got something like a $1 billion as a one-time payment for .tv and I figure .io has been fairly lucrative for British Indian Ocean.

I have mixed feelings about small island nations selling their DNS identity out like this but I guess milking tech dweebs for all they're worth is in a certain sense cool and good actually.

[–] self@awful.systems 1 points 1 year ago

I have never understood the .io domain name fad. “ah this site must do something vaguely software development-related, their name is glorksplush dot input output” what

[–] gerikson@awful.systems 0 points 1 year ago (1 children)

Sadly the Indian Ocean territories is the center of a bitter dispute, and I doubt any of the revenue from IO domains accrues to those displaced from their homes

https://en.wikipedia.org/wiki/Chagos_Archipelago_sovereignty_dispute

[–] bitofhope@awful.systems 1 points 1 year ago

Shoulda guessed from the name "British Indian Ocean" it's a region mired in the most heinous imperialist bullshit.

I wish the colonists a very nice time and I hope very comical things happen to them from the point of view of the Chagossians.