this post was submitted on 31 Aug 2025
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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.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

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Need to let loose a primal scream without collecting footnotes first? Have a sneer percolating in your system but not enough time/energy to make a whole post about it? Go forth and be mid: Welcome to the Stubsack, your first port of call for learning fresh Awful you’ll near-instantly regret.

Any awful.systems sub may be subsneered in this subthread, techtakes or no.

If your sneer seems higher quality than you thought, feel free to cut’n’paste it into its own post — there’s no quota for posting and the bar really isn’t that high.

The post Xitter web has spawned soo many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)

Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.

(Credit and/or blame to David Gerard for starting this.)

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[–] BlueMonday1984@awful.systems 4 points 20 hours ago (2 children)

New Baldur Bjarnason: The melancholy of history rhyming, comparing the AI bubble with the Icelandic banking bubble, and talking about the impending fallout of its burst.

[–] corbin@awful.systems 4 points 19 hours ago (1 children)

What is the Range Rover in this analogy? A common belief about the 2008 Iceland bubble, which may very well not be true but was widely reported, is that Iceland's credit was used to buy luxuries like high-end imported cars; when the bubble burst, many folks supposedly committed insurance fraud by deliberately destroying their own cars which they could no longer afford to finance. (I might suggest that credit bubbles are fundamentally distinct from investment bubbles.)

[–] BlueMonday1984@awful.systems 4 points 18 hours ago

By my guess, the servers and datacentres powering the LLMs will end up as the AI bubble's Range Rover equivalent - they're obscenely expensive for AI corps to build and operate, and are practically impossible to finance without VC billions. Once the bubble bursts and the billions stop rolling in, I expect the servers to be sold off for parts and the datacentres to be abandoned.