i am disconcerted by how many techies who saw through crypto *immediately* have fallen for AI krokodil
@davidgerard yeah i think the most common pitches for either appeal to different self-identifications and impulses. crypto was/is bag culture, everyone around you is a cash machine, entrepreneurship is the only remaining form of social mobility so best get hustling. the LLM hype that targets programmers hardest is about appealing to "intelligence", productivity/status insecurities, and becoming a manager. most of them were already comfortable so the threat is the removal of that comfort.
@davidgerard what they have in common is their ability to select for people with holes in their social-political consciousness who can be persuaded to dismiss arguments about social externalities.
@jplebreton also ~100% of crypto bros fell for the chatbot

@davidgerard @jplebreton crypto bros are about the hustle. GenAI is the current hustle.

Same group of guys will move to whatever the next big thing is. If there is no next big thing when GenAI investment collapses, they'll be the guys either jumping out windows or consolidating their money depending on whether they were able to sell at a high or not