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The logic of gambling undergirds everything coming out of Silicon Valley

24 points · 12 comments · ripe

  1. davesque · · focus · HN ↗
    This article's argument in a few sentences:

    * Silicon valley gave us DraftKings, Polymarket, and crypto.

    * Modern business planning and venture capital firms make "bets" based on the expected value of investments, i.e. probability of success.

    * LLMs compute a probability distribution on the next token.

    Therefore everything that silicon valley does looks like gambling and shame on them. Sad times seeing stuff like this in the paper of record.

    1. karlitooo · · focus · HN ↗
      I was ready to say "NYT should be shut down but I must admit that the addiction-based mechanisms in tech are causing genuine problems in my life". But tbh sounds like they're just up to their usual luddite dumbassery.

      Journalism, papers of record and professional opinion havers can't be replaced soon enough.

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