So, I recently came to the belief that GenAI is a fraud, because think about it; GenAI's entire dataset is fraudulently obtained by plagiarism, similar to how funds are fraudulently obtained in, say, a pyramid scheme or a Ponzi scheme, and just like how pyramid schemes and Ponzi schemes collapse when they run out of marks to rope into themselves, and as a result run out of cash flow, or when everyone which a Ponzi scheme roped into itself tries to cash out all at once, so will GenAI when or if it runs out of data to steal.
Beyond that, the damage that the GenAI grift has done is worse than any Ponzi scheme or pyramid scheme could ever hope to cause as it's destroyed or weakened entire industries and market segments, and it's actively destroying the environment.
It's also very telling that nearly 18 years ago, we locked up Bernie Madoff until he died in prison for orchestrating what was at the time the largest Ponzi scheme in history, but we're letting people like Sam Altman, who if GenAI is a fraud like I think it to be, is basically the modern-day Bernie Madoff, run a
... Show more...So, I recently came to the belief that GenAI is a fraud, because think about it; GenAI's entire dataset is fraudulently obtained by plagiarism, similar to how funds are fraudulently obtained in, say, a pyramid scheme or a Ponzi scheme, and just like how pyramid schemes and Ponzi schemes collapse when they run out of marks to rope into themselves, and as a result run out of cash flow, or when everyone which a Ponzi scheme roped into itself tries to cash out all at once, so will GenAI when or if it runs out of data to steal.
Beyond that, the damage that the GenAI grift has done is worse than any Ponzi scheme or pyramid scheme could ever hope to cause as it's destroyed or weakened entire industries and market segments, and it's actively destroying the environment.
It's also very telling that nearly 18 years ago, we locked up Bernie Madoff until he died in prison for orchestrating what was at the time the largest Ponzi scheme in history, but we're letting people like Sam Altman, who if GenAI is a fraud like I think it to be, is basically the modern-day Bernie Madoff, run around and do basically whatever he wants.
Jonathan Lamothe
in reply to DFX4509B (Joshua Mason) • • •