Discover and read the best of Twitter Threads about #CritiHype

Most recents (8)

Ayyyyyy Eyeeeee: The lie that raced around the world before the truth got its boots on

doctorow.medium.com/ayyyyyy-eyeeee…

AI #ArtificialIntelligence #PumpAndDump #CritiHype EvilSorcerersVsOrdinaryMediocrities A portrait of OpenAI founde...
Read 5 tweets
Today's Twitter threads (a Twitter thread).

Inside: How Goldman Sachs's "tax-loss harvesting" lets the ultra-rich rake in billions tax-free; Happy Independent Bookstore Day; and more!

Archived at: pluralistic.net/2023/04/24/tax…

#Pluralistic

1/   Image: Matthew Bisanz (mo...
Tomorrow (Apr 25) I'll be in #SanDiego for the launch of my new novel, *Red Team Blues*, at 7PM at @MystGalaxyBooks, hosted by @_SarahGailey. Please come and say hi!

mystgalaxy.com/event/42523Doc…

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How Goldman Sachs's "tax-loss harvesting" lets the ultra-rich rake in billions tax-free: "Generating a tax loss without a substantial change in the investment."



3/  Image: Matthew Bisanz (mod...
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Back in 2017 Long Island Ice Tea - known for its undistinguished, barely drinkable sugar-water - changed its name to "Long Blockchain Corp." Its shares surged to a peak of 400% over their pre-announcement price. 1/ A graph depicting the Gartner hype cycle. A pair of HAL 9000
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/03/09/aut… 2/
The company announced no specific integrations with any kind of blockchain, nor has it made any such integrations since. 3/
Read 75 tweets
This week on my #podcast, I read #Twiddler, a recent @Medium column in which I delve more deeply into #enshittification, and how it is a pathology of digital platforms, distinct from the rent-seeking of the analog world that preceded it:

doctorow.medium.com/twiddler-1b5c9… 1/ A mandala made from a knob and button-covered control panel.
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/02/27/kno… 2/
Enshittification, you'll recall, is the lifecycle of the online platform: first, the platform allocates #surpluses to end-users; then, once users are locked in, those surpluses are taken away and given to business-customers. 3/
Read 62 tweets
It's comforting to think "if you're not paying for the product, you're the product," AKA, "If you can afford to pay for a product, you won't be the product." But it's bullshit. You're not the product because you don't pay - you're the product because you can't stop them. 1/ An Apple 'Privacy. That's iPhone.' ad. The three rear-facing
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2022/11/14/lux… 2/
The theory behind "if you're not paying for the product..." is that old economist's saw: "incentives matter." Companies that monetize attention are incentivized to manipulate and spy on you, while companies that *you* pay just want to make you happy. 3/
Read 41 tweets
Autonomous vehicles were always nonsense. I wrote about them a year ago, when Uber declared massive losses. Uber's profitability story was always, "Sure, we're losing big *now*, but once we create AVs, we can fire our drivers and make a bundle."

pluralistic.net/2020/09/30/dea… 1/ A chart illustrating the Gartner hype-cycle; racing down the
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2022/10/09/her… 2/
But Uber never came *close* to building an AV. After blowing $2.5b, the company invented a car whose mean-distance-to-fatal-crash was *half a mile*. Uber had to *pay* another company - *$400 million!* - to take the self-driving unit off its hands. 3/
Read 32 tweets
Obama's Stanford University speech this Thursday (correctly) raised the alarm about conspiratorial thinking, and (correctly) identified that Big Tech was at the center of that rise - and then (wildly incorrectly) blamed "the algorithm" for it.

thehill.com/policy/technol… 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2022/04/22/mes… 2/
Obama committed the sin of #critihype, @STS_News's useful term for criticism that repeat the self-serving myths of the subject of the critique. Every time we say that Big Tech uses machine learning to brainwash people, we give Big Tech a giant boost:

pluralistic.net/2021/02/02/eut… 3/
Read 71 tweets
The mainstream critique of Facebook is surprisingly compatible with Facebook's own narrative about its products. FB critics say that the company's machine learning and data-gathering slides disinformation past users' critical faculties, poisoning their minds.

1/ An old comic-book ad for hypnotic glasses; the lenses of the
If you'd like an unrolled version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2021/09/30/don…

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Meanwhile, Facebook itself tells advertisers that it can use data and machine learning to slide past users' critical faculties, convincing them to buy stuff.

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Read 53 tweets

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