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#hype

10 posts9 participants1 post today

🆕 #ETH #HYPE
"KOL, the leader of the "Whale Hunters Team", opened a long position on ETH with 10x leverage on Hyperliquid. The $2.11 million position has already lost $1.035 million. Previously, the crypto community launched a "Whale Hunt" targeting the "50x Hyperliquid Whale"."

Replied in thread

@GossiTheDog "#valuations" are just batshit crazy made-up amounts.

  • Like as if someone pays $1.000 to get 1‰ stake in it, the company is valued $1.000.000 by going reverse, when in fact that could merely mean it's a security on a credit / gamble and not much else.

  • I mean, a house doesn't get valued €100k just because someone was able to get a credit for that amount by puttibg it up as collateral in return.

The #valuation-based #hype doesn't do much except "line goes up" as a company before/after/between deals doesn't gain more assets or clients or orders nor produces more value, products, revenue or even IP.

  • In teal life, somethibg is only as valuable as the money (cash) one is willing to put down for it: A luxurious condo or collectible car is only as valuable as the highest bid it can attain in short notice! Same with any business!

A kiosk doesn't get valued much beyond it's assets as it's only "added value" beyond it's merchandise and interior usually gets offset almost completely by it's long-term commitments as in contractual obligations!

Continued thread

🧵 …wie oben schon mehrfach ua bei KI darauf hingewiesen & wie bei fast jedem Hype auch, plappert nicht einfach dem Marketing gedankenlos hinterher.

»Man kann es nicht oft genug sagen – Künstliche Intelligenz ist nicht intelligent:
Der Hype um KI-Agenten lässt wieder die Illusion von Intelligenz aufkommen. Dabei ist es doch so einfach: Maschinen sind keine Menschen«

🤨 derstandard.at/story/300000026

DER STANDARD · Man kann es nicht oft genug sagen: Künstliche Intelligenz ist nicht intelligentDer Hype um KI-Agenten lässt wieder die Illusion von Intelligenz aufkommen. Dabei ist es doch so einfach: Maschinen sind keine Menschen

The Register: Apple hallucinated Siri’s future AI features, lawsuit claims. “Apple on Wednesday was sued in a US federal court for allegedly misrepresenting the AI capabilities of its Siri personal digital assistant. The complaint [PDF], filed on behalf of plaintiff Peter Landsheft as a proposed class action, argues that Apple mid-2024 launched a marketing campaign for its iPhone 16 that […]

https://rbfirehose.com/2025/03/22/the-register-apple-hallucinated-siris-future-ai-features-lawsuit-claims/