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this post was submitted on 01 Jul 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Tweet (Xcancel) from Ed Zitron: "This report is damning. Goldman Sachs's Head of Global Equity Research doesn't believe that generative AI is capable of solving complex problems, and says the tech industry "is too complacent in its assumptions that costs will decline substantially"", more in the quote tweet.
Expect promptheads to dismiss this as being the ramblings of a "DEI hire" because they're confused by the dual use of "equity" in their title.
Not just promptheads but the entire conspiratorial right is already way into not understanding how these functions and organizations work. There is a weird group of them who thinks that blackrock is a group of woke people (some of them are even saying it is 'THEM') behind everything. Because they confused a talk about 'we need to tell organisations to focus more on diversity' as a pro-diversity stance and not a 'we need to make sure the companies we invest in don't get sued, which causes a drop in share price'.
I’m sure they would find some way¹ to ruin it, but it would be fun if we could convince them to pass a law in some vice-signaling US state that bans private equity’s purchase of every vet and general contractor and empty house.
¹ Anti-semitism, probably.