What will we do with all the datacenters once the subsidies for AI usage will disappear?
Maybe they will go back to mining crypto coins.
Readit Newsmrkramer commented on The AI vibe shift is upon us cnn.com/2025/08/22/busine... · Posted by u/lelele
mrkramer commented on The AI vibe shift is upon us cnn.com/2025/08/22/busine... · Posted by u/lelele
>Researchers at MIT published a report showing that 95% of the generative AI programs launched by companies failed to do the main thing they were intended for — ginning up more revenue.
AI startups were meant to solve problems in novel ways not to amass revenue.
mrkramer commented on Show HN: I built an app to block Shorts and Reels scrollguard.app/... · Posted by u/adrianhacar
I don't find short videos addicting because I feel like I'm not getting enough context and information from short videos. I like long form videos.
mrkramer commented on What does Palantir actually do? wired.com/story/palantir-... · Posted by u/mudil
They offer "spying" services for your big data. Essentially something like Facebook and Google but without selling ads, instead spotting patterns that seem interesting for whatever reason.
The UK is quickly deploying surveillance state technology that people once decried China for. Whether or not this is ethical or useful, I wish the hypocrisy would be acknowledged. The OSA, the Apple encryption demands, LFR, …, it’s clearly a trend. Has society really become this dangerous that we must deploy these things?
I often compare China to the British empire: ruthless autocratic capitalistic dictatorship.
Is it Fiserv? I notice Mastercard invested into PayPal and Fiserv just a couple months ago, and PayPal was already in business with Fiserv via Fastlane.
Payment ecosystem is so complex and convoluted that it is hard to tell. I was using my Visa card for years on Steam and all of a sudden Steam started refusing it. Steam support was repeatedly telling me that the problem is not on their end but on my end. At the end I figured out that I need to enable Visa 3D Secure feature on my credit card because I assume Visa was seeing a lot of fraud from Steam so they started requiring 2FA for Steam payments.
Also Bandcamp.com refused to accept the payment from my credit card and I contacted my bank and they told me that payments to Bandcamp are always blocked because of security reasons(that is their policy) and they had to manually approve my credit card for use on Bandcamp....which is totally fu*king crazy. Manually approving payment transactions in the 21st century is wrong. How the hell should I know which vendors are on my bank's blacklist?!
Tbh or at least that's my impression all comes down to the problem of fraud and crime. That's why we still have shitty payment providers and processors.
mrkramer commented on Let's get real about the one-person billion dollar company marcrand.com/p/lets-get-r... · Posted by u/bizgrayson
I'd predict a one person unicorn company potentionally possible, but this will be an inflated valuation company backed by someone, who is willing to prove a point. Not a company that delivers a great product and can be sustainable in the long run.
Purely from the operational perspective, you need to handle support, you need to handle billing, to handle lawsuits, to handle infrastructure, to handle incidents... and still have a good idea of what's going on.
So no, not sure it's happening.
Cryptocurrency like Bitcoin can probably be made by LLM so if you have a good idea for cryptocurrency or some crypto token and you can vibe code it with LLM, perhaps it can reach a $1bn market cap.
mrkramer commented on The Article in the Most Languages en.wikipedia.org/wiki/Wik... · Posted by u/vhcr
Let me show you what I mean: Let's someone runs a grocery, and they want to make it more profitable. After looking at the value chain, they conclude the person growing the lettuces makes 10% of the profit, logistics makes 40%, and retail 50%.
So they conclude that the best way to improve the business, is to optimize the retail side.
Then you walk into the store and see the tiny withered lettuce on the gleaming fancy shelves.
If they decided to focus on where the value is created, and helped the farmer grow better groceries, everybody would've been happy.