We're 2.5 years into this gold rush, and I still haven't seen any gold. I've seen people selling picks & shovels. I've seen "gold experts" selling maps to the gold. I've seen CEOs announce they're going "gold-first". I've seen people selling land where they claim there's gold. But no actual gold.

Somehow, it always seems to be over the *next* hill.

I'm beginning to wonder if what they're actually selling is hills.

@jasongorman yes. Web3, Metaverse, Crypto.

A fool who not sees the pattern.

@jasongorman They dug some shiny ore out and are refining it. It's not gold and there's no gold in it, but it will soon become gold!
It's basically the same, anyway, if you squint your eyes and don't try to use it for anything meaningful.
They just have to dig deeper and refine more for that to happen.
Why would you try to stop them? Don't you want gold!?
@ciourte It's alchemy for the computer age!

@jasongorman @ciourte

Alchemy became biotech, industrial chemistry and big pharma. Each one a trillion dollars industry...

...be patient and drink your mercury potion!

@ciourte @jasongorman It's actually shit, but maybe if they polish it enough it'll become a nice, shiny shit.
@ciourte @jasongorman
Ignore how angular that shiny ore is. Surely that's not indicative of anything! And don't you *dare* suggest that gold is soft and malleable; jewelry isn't like that, after all!
@jasongorman More renting paths over the hills!
@jasongorman
Nvidia certainly doesn't mind being in the hill business
@jasongorman What they're selling is promises about the next hill, not even the hill itself.
@jasongorman

Very relevant article:

> Google doesn't necessarily believe that you will ever want to use AI, but they must convince investors that their AI offerings are "getting traction."

https://pluralistic.net/2025/05/02/kpis-off/
Pluralistic: AI and the fatfinger economy (02 May 2025) – Pluralistic: Daily links from Cory Doctorow

@jasongorman No, what they are actually selling is fantasies.
@jasongorman What if the gold was the friends we made along the way?
@stitzl @jasongorman I suspect maybe it was the iron pyrite we hallucinated along the way

@jasongorman

Infinite rhyming couplets
Infinite decks of Top Trumps

Is that not enough for you?

@jasongorman Doesn't matter. In the end, somebody's gonna buy this bridge I got so cheap...!
Wait

@jasongorman

Soon my new novel "Sandbags & Barbwire" goes on sale
A more modern spin on a World War I tale!

@jasongorman

• Apple knows there's no gold, but Google seems to think there's gold, so Apple shareholders demand they start mining.

• Google knows there's no gold, but Facebook seems to think there's gold, so Google shareholders demand they start mining.

• Facebook knows there's no gold, but Apple seems to think there's gold, so Facebook shareholders demand they start mining …

@negative12dollarbill I think it might be even simpler than that. I don't think *any* of them believe, but investors will keep driving the share price up for as long as they believe someone will buy them for *more*

@negative12dollarbill It's a Ponzi scheme. Just like crypto, Web3, Big Data, etc etc.

It's not about gold. It's about the price of land.

@jasongorman @negative12dollarbill speaking of, look at the WebCoin and “The Orb” stuff Altman is up to with a second company.

Tl;dr “Damn we made something that has poisoned the information well of society by slopping up every damn thing? Well now I guess we gotta come up with a way to verify that people are real people and not just bots!
Enter: the blockchain.”

That alone should be damning and torpedo the entire industry, but the nominally literate appear to be the ones in charge, so we have to join them with their gold rush 🙃

@jasongorman uhm assuming this is about AI, what qualifies as gold for you? surely AI is hyped beyond disfigurement but my experience (esp outside academic circles) is that so many people use LLMs daily for their tasks... so there's gold everywhere by that standard.
@mc At massive losses and a huge environmental cost. Who is actually making money from them?
@mc Take Microsoft Copilot as an example. Almost everyone I know doesn't use it and doesn't want it.

@jasongorman well you could have made the same argument for search engines 20 years ago. massively energy-intense, unprofitable, used by (comparatively) few people. and take Bing as an example: nobody I know uses that.

I don't want to say everything AI is cool and unproblematic, but the nihilistic, Manichean rethoric is kinda tired by now. there's lots of good (many still potential---the tech is like 3 years old) uses of the new AI tools and the environmental concerns are weirdly specific (I've heard maybe 2 people in my entire life ever complaining about the environmental impact of social media or search engines... what's the sudden worry?)

@mc There's one difference, though. Search engines work 🙂

Well, they used to, at least...

The notion that we can solve ALL THE PROBLEMS or replace ALL THE EXPERTS with what is, at the end of the day, autocomplete is just the latest tech growth story after the last one ran out of steam.

It's about share prices.

@jasongorman @mc

LLMs can be a breakthrough technology even without all the absurd claims by marketing departments.

About the energy, what if ad hoc hardware, like analog or photonic processors, will reduce the consumpion by 100-1000 times?

https://www.nature.com/articles/s41586-025-08854-x

Universal photonic artificial intelligence acceleration - Nature

A photonic processor capable of running advanced artificial intelligence models with near-electronic precision is introduced, marking a substantial step towards post-transistor computing technologies.

Nature

@jasongorman that's a strawman. you don't need to believe AI is all-powerful (or even expert-level) to see it's already useful to many people, for many little tasks, and that it has potential to be integrated *well* in existing tech and massively improve it (eg imagine the implications for accessibility if you could directly ask your vocal synthesiser about what's on the page).

like, this sentiment wasn't around *at all* before the current AI hype wave, so ita 100% an overcorrection to the nauseating AI force-feeding of the latest years, so I get it.

@mc There's a growing body of evidence that they have zero net impact on productivity, and at a massive cost.

https://www.theregister.com/2025/04/29/generative_ai_no_effect_jobs_wages/

We see this in the 2023/24 DORA data. While individual developers anecdotally report productivity gains, they evaporate at the level of what teams are actually delivering.

And we have a pretty good idea how this paradox is caused. It *feels* faster in the short term, in much the same way that skipping unit tests *feels* faster.

Generative AI is not replacing jobs or hurting wages at all, economists claim

: 'When we look at the outcomes, it really has not moved the needle'

The Register
@mc @jasongorman this has "NFTs are not just monkey jpegs, actually" energy

@mc @jasongorman
> you could have made the same argument for search engines 20 years ago. massively energy-intense, unprofitable, used by (comparatively) few people.

what are you talking about.

We were all using google in 2005, because it was damn good, practically all the time.

There was no debate about whether google was good for anything, because people generally found what they were looking for.

@mc @jasongorman
> I don't want to say everything AI is cool and unproblematic, but the nihilistic

*nihilistic*.
What the fuck are you talking about.

if i criticize "a.i.", that doesn't imply that i think there's *nothing* worth believing in.

@mc
People can't remember/list all the problems associated with it at all time, but it seems like "AI" has all the problems of all the other things.
☑️ Profiting from people's work without compensating them
☑️ Exploiting and psychologically maiming underprotected workers for ridiculous hourly or task-based pays
☑️ Amplifying existing bias and discrimination
☑️ Using resources (energy, water…) needed by people
☑️ Polluting (greenhouse gas, rivers and ocean warming, poison dug out of the ground to extract metals…)
☑️ Being mostly controlled by the same people/companies trying to build yet another mono/oligo-poly

@jasongorman


☑️ Working hand in hand with surveillance capitalism to bypass people privacy to get more data
☑️ Facilitating the spread of disinformation and the mass manipulation of opinion
☑️ Arbitrary censorship
☑️ replacing creative jobs with soul-crushing ones
☑️ Lack of accountability (bots will not magically become sentient, but I can see them being recognized as legal people in a few years, like companies already are, so they can take the fall for humans)

☑️ The mostly-empty promise to solve all the problems it creates with more of itself
But also new problems, like
☑️ Being insecure by design because "user generated input" is part of the code

@mc @jasongorman

@jasongorman @mc Then you know only a very selective group of people. Almost all programmers I know use it, or another AI tool, and they're all happy with it. That it doesn't work for you doesn't mean it doesn't work for everybody.
@erwinrossen @mc That's a very small % of the population. And I know a *lot* of developers who use it occasionally as a replacement for autocomplete and Stack Overflow, and that's about it. LLMs are too unreliable to let loose on actual production code.

@jasongorman @mc I agree that it's not perfect on big code bases (yet), but it certainly adds value with certain tasks, like writing documentation, test cases or refactoring.

I'm not a frontend developer. My hobby website wouldn't be live without AI.

@erwinrossen @jasongorman @mc it's great if you want to create instant tech debt 👍

@erwinrossen

Whenever I have input into a hiring decision, I look for any mention of AI or AI powered tools on the resume. That's an instant do not hire.

@jasongorman @mc

@erwinrossen

Be careful writing bugs faster just increases the supply of problems elsewhere in the system. Just because many people do something doesn’t make it a good idea.

Writing bugs faster isn’t super power

@jasongorman @mc

@erwinrossen

Caveat emptor, I use local LLMs as a critic for my writing and sparring partner for ideas. I also use it for needle in the haystack pattern matching problems.

So a somewhat useful technology in some cases.

@jasongorman @mc

@mlevison @jasongorman @mc I completely agree, but you can say the same about a good IDE: it lets you write code faster, but if you write bad code, that's a bad thing.

That's why I always review the LLM's code manually, and I generate tests for all pieces of code. Of course you shouldn't just accept everything the LLM suggests, but if you use it properly, it is a very useful tool.

Just because many people complain doesn't make it a bad idea.

@erwinrossen @jasongorman

Strangely I'm just about to unconference this very topic: https://agilealliance.social/@mlevison/114459746587505566

Critical thinking and LLM generated code is harder than we expect.

Consider a few things that might help:
- Start with BBD/TDD style Test First
- Work in small increments that you can understand realistically I can comprehend 20-30 lines of code in a few minutes
- Assume there will an increase in duplication and complexity so refactoring is way more important

....

Mark Levison (@[email protected])

Attached: 2 images AI Magic Beans Friend or Foe Global Scrum Gathering Munich. Unconference offering today and today only in the lobby. Offered at 10:30am and again at 1:00pm. Discuss Three Principles and Four Guidelines for using GenAI and GenAI infused tools. Background. People are writing Code and User Stories with GenAI (strictly speaking, LLM tools). Are they helping or harming their teams? #gsgmun25 #agile #munich #networking

Agile Alliance Mastodon

@erwinrossen @jasongorman

FWIW on the last point there is strong evidence (See GitClear study), that GenAI is increasing duplication and reducing refactoring.

Also from my experience, when asked to generates examples, test cases it always misses key scenarios.

@mlevison @erwinrossen And if they involve calculations, triple-check them.

@jasongorman @erwinrossen

For the foreseeable future just assume these tools get arithmetic and mathematics wrong.

They might offer the right steps in a calculation (useful). And still get the wrong answer.

Key thing to remember - an LLM is a text prediction tool, not a calculator.

@mlevison @erwinrossen Apparently, they get the answer and *then* they predict the steps that produced it.

@jasongorman @erwinrossen

We agree on much, but I don''t think that statement is correct.

These tools just predict which token is the next best response to your input.

@mlevison @erwinrossen Indeed. And that include predicting what "chain of thought" produced an answer, apparently.

@mlevison @erwinrossen If you also consider the 2023/24 DORA data, it seems that there's an overall net negative benefit in terms of the complete delivery process. LLMs tend to create larger change sets, which exacerbate downstream bottlenecks like longer code reviews, bugs slipping through and merge conflicts.

This is the standard Big Tech model of "disruption" at work. Take something and make it worse, displace the original workforce so there's no easy way back, and lose $billions doing it.

Is AI Making Your Organization Fragile or More Resilient

Explore if AI helps at the bottleneck, if you have safeguards for errors, and if it increases collaboration. Don't succumb to shiny tools!

Agile Pain Relief
@mlevison @erwinrossen LLMs are the Deliveroo of code generation.
@jasongorman
Maybe a good time to start selling pitchforks and torches?

@captain_acab These successive bubbles, starting with dotcom 1.0, have been very effective engines of greater and greater wealth concentration. To the point now that some investors can effectively buy governments.

I don't see it ending well.

@jasongorman
it's so bad and will get worse. The future we were promised by sci-fi authors in my childhood where automation was a common good has been replaced with a race between apocalypse and dystopia.
Of course I read dystopian novels aswell but very differently than the people of my generation that have accumulated all that wealth.. unfortunately.
@jasongorman are you referring to literal gold? I haven't seen any either  this sounds like some kind of silly trend 🤑

@jasongorman

Look we’ll get the sulfer to mercury ratio right any day now.