screaming about tech losers

web3 has universally been understood by technically literate people with more than 3 braincells to spare to be an utter disaster. crypto"currency" has primarily been used for scamming or money laundering, if not buying drugs (which I'm honestly not against to be fair), and the ideas of "metaverse" is just absurd. These people look at sci-fi dystopias like Ready Player One or Snow Crash and go "yoooo holy soykaf we should totally do that!". They drool over nightmarish concepts like Peter Thiel's floating city thing, which is literally ripped straight from the plot of BioShock. i am baffled that people could be this stupid. the technology that we have developed is being used to drive us into complete chaos and irreparable destruction by people who have no understanding that technology changes things, not just in terms of technical capabilities and complexity but also about its social and economic impacts. I don't know what to even think anymore. the internet is becoming more and more of a mess by these pathetic, socially-inept libertarian morons who are pridefully leading us to disaster. they don't give a fuarrrk about "dismantling power structures" like banks or other institutions, they don't care about decentralizations. they care about power, and they want to be the ones exerting it while tricking everyone else into falling into their traps. it's not about freedom, its about establishing themselves as the ones in power instead. and more and more people fall for it every day.

>>70612 Yes, and? It was always about power, lainon. When the ideology changes people just remove old ministers from their cabinets, change the decorations and move in. The 80s cyberpunk dystopia became commercialised so much it is now trendy and desirable and so the population is conditioned to accept it because it looks cool. Big corporations want this whether intentionally or by the force of the shareholder pandering gone to the logical extreme. Some corporations today have more power than some countries. There is a way to look at the Soviet Union or the current Chinese regime that is a bit different. It is to see it as giant corporation. South Korea with their tech giants too. Asian countries that inspired Cyberpunk are slowly becoming cyberpunk irl. To be honest, I don't think it would be so bad for the average person. Most average people in the zastoi Soviet Union were ok with their lives before Afghanistan and Chernobyl shook things up. People in China today were pretty ok with things after a century of humiliation that then moved to the half century of internal extermination and then suddenly things got much much better. The ones chafing before the bread on the shelves runs out for 6 months are the rebels and free spirits. The corporate dystopia, unlike the current system, actually has a niche for them too, making them the tools for disrupting their opponents, cyber pirates turned into cyber privateers for hire. So maybe we will actually be a bit more happy under the system. It's like the theory that actually everyone is in the matrix, it's just that rebels are those 1% that can't accept the late 90s one and so they get the dingy Zion rebellion one instead, but they are still jacked in.

>>70612 >stop doing things the government disproves of +20 social credit score

The entire thing is a byproduct of historically low interest rates. Now that free money is finally over most of this nonsense will go away. Cryptocurrency? Dead. Metaverse? Dead. VR? Apple has basically killed any chance of it ever going mainstream. Things are absolutely going back to normal.

>>70644 >The entire thing is a byproduct of historically low interest rates. An interesting thought, one I wish I had a pocket economist to bounce off of. I recently heard (can't remember exactly where) that prices for Uber rides were artificially low due to venture capital - rides were essentially subsidized by investors and worker exploitation. They successfully gained market share, but now have to contend with realistic costs. Like, I remember also hearing about the metaverse receiving investment in spades, companies building products for the metaverse just to be bought by Facebo- I mean Meta. I remember being confused, because it's obviously a worse VRChat. This all corroborates with the idea that free money can disrupt the market, despite the technology being garbage, is all. I somewhat unwittingly have been following some economist's talks on interest rates, as well, and it seems the usual, somewhat arbitrary target of 2% interest rate may be too difficult or even undesirable to pursue in the wake of the pandemic and war in Ukraine. New targets are looking like... 3%? I don't know if that's enough of a change for inflationary importance of garbage technology to be a thing of the past. >Things are absolutely going back to normal. What bothers me is that perhaps it isn't entirely inflation that's causing this. It has to be multiple reasons - too complicated for it not to be - like "the Internet making it easy to spread hype about garbage technology" or "companies have grown large enough that they can throw out garbage technology and still make a profit" or something. Even if inflation is causing this, is it changing enough for things to "go back to normal"? I'm not convinced. What are the causes of garbage technology successfully injecting themselves into the market? Maybe the recipe is low interest rates, a bit of hype, and a sprinkle of inventive market campaigning. Maybe you just have to be rich, and because of income inequality nobody can stop you. Does this problem happen outside of the US? Someone charter an economist to design a study. >Apple has basically killed any chance of it ever going mainstream. I wonder why you say this. Apple doesn't associate their new headset with virtual reality. In fact, they make a point of not saying "virtual reality" during their press conferences, not that I watch those. I'm not so sure Apple has killed it yet. It's still a developing technology, and unlike the other ones you mention is legitimately cool without the hype, Apple plastering people's eyeballs onto the outside of their headsets notwithstanding. >>70612 Overall, I agree with you, OP. The popularity of this garbage technology has been really disappointing, and it probably overshadowed more interesting things, actually beneficial to society. Kind of what AI is doing right now, as much as machine learning is a genuinely useful technique.

>>70617 the chinese government is the most stable one. they created nationalised hedgefunds so that there would be state ownership of private capital to interface with the west, they've had some of the same problems: like runaway commodity speculation into essential markets, but they've also retained the authority and will to curtail the open plutocracy that's rotted the west from the inside and created a dystopic hellscape. in spite of american propaganda the ccp remains one of the most responsive governments to their people. for example the hong kong protests americans won't shut up about weren't the people crying out for western democracy: it was a student movement protesting the hong kong workers unions being dissolved, and integrated into the mainland workers unions so there wouldn't be redundant representatives and different working conditions between hong kong and the mainland, the problem was the high cost of living in hong kong meant a mainland wage wouldn't cut it but ultimately that got resolved and there's peace again. this is in stark contrast to the democrats intervening to break a rail union strike begging for more leave and for tighter equipment regulations the week before that major chemical spill that demolished and contaminated an entire town with toxic waste. >>70618 the social credit score is a barely enforced joke of a system that is mostly used to make social media trolls that harass people shut up. it's brought up as whataboutism to deflect from the snowden prism leaks. the scale of the NSAs system both in what's legal and in terms of raw data centre storage is stultifying, much of it has been copypasted to the US's satelite states, and that's before we even address surveilance capitalism.

>>70647 See you in the next warring states period in the next 30 years.