Want to wade into the sandy surf of the abyss? Have a sneer percolating in your system but not enough time/energy to make a whole post about it? Go forth and be mid.
Welcome to the Stubsack, your first port of call for learning fresh Awful you’ll near-instantly regret.
Any awful.systems sub may be subsneered in this subthread, techtakes or no.
If your sneer seems higher quality than you thought, feel free to cut’n’paste it into its own post — there’s no quota for posting and the bar really isn’t that high.
The post Xitter web has spawned so many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)
Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.
(Credit and/or blame to David Gerard for starting this.)
Thanks for posting this; if you hadn’t, I would have. Piper really doesn’t seem to understand that bubbles form and pop over a span of three to five years. Like, I’m not sure how much charity I’m supposed to give to analyses like:
Pets.com!? Kelsey, even reading a basic article about the dot-com bubble would have saved you embarrassment here. Zitron’s analogy is excellent because the bubble is multifactorial and the analogies that we can make are factor-to-factor. Here’s some things that caused the dot-com bubble; people were overly optimistic about:
Compared to all of that, Kelsey, Pets.com was just an Amazon.com experiment. Remember Amazon.com? Did the dot-com bubble kill them? No? Anyway, Pets.com is kind of like the small labs that hover around OpenAI and Anthropic, trying out various little harnesses and adapters on top of their token APIs. Pets.com is like OpenClaw; it’s not that important of a player in the overall finances, just an example of how severely the big labs are distorting incentives for small labs.
The uselessness of the products in 2023 directly led to the bad investments in 2024 and the Enron-esque financial deals in 2025, Kelsey. The future is conditioned upon the past, y’know?
Excellent summation!
Ed has also been clear there are a few factors that make this bubble worse (for the economy and the general public) than the dotcom bubble. For one, Ed is strongly convinced that GPU lifecycles are much shorter and worse than fiber optic life cycles. You build fiber optic infrastructure and it will last for decades. Meanwhile, GPUs used constantly at max load have life cycles of 3-5 years. The end result of the internet is also much more useful and less of a double-edged sword than the slop generators which churn out propaganda and spam.
Alleging widespread financial fraud?! How absurd! And to prove just how absurd it is, I will namedrop the infamous financial fraud from the industry full of exactly the same people. Checkmate atheists
Widespread financial fraud which was legitimized and in some cases directly backed by EAs! Surely there are no parallels!
All the legal and regulatory uncertainties make it very hard to talk about the financial viability of chatbots. What do you do if your $20 billion model is shut down forever by court order after it counsels the wrong person into suicide? Piper can overlook this because she is a hack with patrons - to my knowledge, she has never been paid to write by anyone outside the EA world. If she were a working writer who had to deal with chatbots driving up the cost of her website, creating knockoffs of her novels, and competing for editing gigs (let alone someone whose friend had a mental crisis after talking too long with friend computer) she might sound different.