Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Torque]

The answer is to skill up in skills needed by the automation software industry.  If you cant beat them, join them.  

But what happens when AI starts writing the software on their own, and better than a human could?

I’m not really talking about coding. Coding is only 5% of the available work. You need people to find use cases and deploy the software (which takes a long time). You need sales. You need support. You need people who can navigate the SEC rules on ICOs.  You need Infosec. You need all the infrastructure that goes around an ordinary company whether it is making widgets or building AI.  Devs are only one small piece (important for sure but a great business can survive with shitty tech but a shitty business with great tech won’t).

Software is eating the world but only one bite at a time and it takes awhile to digest.

You know what else you need? You need real world problems to solve, real world use cases, and real ROI on those use cases to make all of it worthwhile.

Notice how the Blockchain industry has already conveniently skipped over that ROI part and gone straight forward with the hype and marketing bullshit? Seen any real believable ROI analysis on that yet? Of course you haven't. I haven't either. That's all by design. There's money to be made by marketing and selling bleeding-edge futuristic hype solutions looking for problems that don't really exist.

They (IBM et al) did the same thing with "Business Analytics". Every company that bought into it has pretty much lost money on BA pilots and implementations.

Same with AI deployments. IBM Watson has been the biggest money loser for corporations that have drunk the IBM koolaid and spent millions on their software and their 'consultancy' experts.

The only winners are the consultancy bodies like IBM that market and sell the snake oil dream to ill-informed and unsuspecting corporations with deep pockets.

[Last of the V8s]

I'm the odd looking skateboard. And that's you, riding me again.

gah. A misfired joke. Was meant to be complimentary, but was wrong.

[Rosewater Foundation]

I'm the odd looking skateboard. And that's you, riding me again.

gah. A misfired joke. Was meant to be complimentary, but was wrong.

I'm forever tempted to go to one of these things. I have an urge to somehow 'be involved'. I come here to set myself straight. I use you people as a sounding board. You'd be right to be bugged by it

[HairyMaclairy]

The answer is to skill up in skills needed by the automation software industry.  If you cant beat them, join them.  

But what happens when AI starts writing the software on their own, and better than a human could?

I’m not really talking about coding. Coding is only 5% of the available work. You need people to find use cases and deploy the software (which takes a long time). You need sales. You need support. You need people who can navigate the SEC rules on ICOs.  You need Infosec. You need all the infrastructure that goes around an ordinary company whether it is making widgets or building AI.  Devs are only one small piece (important for sure but a great business can survive with shitty tech but a shitty business with great tech won’t).

Software is eating the world but only one bite at a time and it takes awhile to digest.

You know what else you need? You need real world problems to solve, real world use cases, and real ROI on those use cases to make all of it worthwhile.

Notice how the Blockchain industry has already conveniently skipped over that ROI part and gone straight forward with the hype and marketing bullshit? Seen any real believable ROI analysis on that yet? Of course you haven't. I haven't either. That's all by design. There's money to be made marketing futuristic hype solutions looking for a problem that doesn't really exist.

They did the same thing with "Business Analytics". Every company has pretty much lost money on BA pilots and implementations.

Same with AI deployments. IBM Watson has been the biggest money loser for corporations that have drunk the IBM koolaid and spent millions on their software and their 'consultancy' experts.

The only winners are the consultancy bodies like IBM that market and sell the snake oil dream to ill-informed and unsuspecting corporations with deep pockets.

I largely agree.   IBM Watson is a bad joke.  Most AI isn’t useable or is shit.  

The use cases we have solved so far are extremely narrow.  

But the irony is that people are getting laid off even the software that is supposed to replace them doesn’t yet work.  The CFOs can’t ignore the pump to the bottom line.  

So there is a real jobs impact even if the automation software isn’t as good as the people it is replacing.  And eventually if you throw enough resources at it, the software becomes good enough to get by.   

A good rule of thumb is if someone calls their software “AI” or a “bot”, it’s almost certainly crap.

[Rosewater Foundation]

AXA had a pilot project that tried using blockchain to automate claims payments. It found they saved on manpower, but the code paid too many claims.

[yefi]

I'm not sure if I've posted this on WO or not either, but I'm all for just simply merging with AI as this will make the AI threat irrelevant by "upgrading" humans. Given the alternative I would be surprised if this did not happen. There'll be some religious and moral/ethics folks that will oppose to this, but they can just remain as normal humans in their own societies for all I care.

Those societies will end up looking like ant colonies to the posthumans, so you sure as hell want to be on the side of the machines.

[Last of the V8s]

[Rosewater Foundation]

Gold

[Last of the V8s]

https://twitter.com/LeahWald1/status/985665491325804545
The Bitcoin Jig 🎶 🚀 While in North Carolina last week with best friends, we sat around a bonfire 🔥 picked up our banjos, and wrote a song for the love of #Bitcoin
smash that like button

[savetherainforest]

I will leave this one here:

YOU ARE WRONG!!! SIT DOWN!!! TAKE A SEAT!!! GOOD DAY SIR!!!




Very funny indeed...


But I see something of the likes that it will blow in May even if it will have some kind of mini-correction at the end of April.

[BTCMILLIONAIRE]

I'm not sure if I've posted this on WO or not either, but I'm all for just simply merging with AI as this will make the AI threat irrelevant by "upgrading" humans. Given the alternative I would be surprised if this did not happen. There'll be some religious and moral/ethics folks that will oppose to this, but they can just remain as normal humans in their own societies for all I care.

Those societies will end up looking like ant colonies to the posthumans, so you sure as hell want to be on the side of the machines.

I really can't wait to see what reality will seem like when humans are "just" ants. Wonder if we'll really become machines though, with Crispr-CAS-9 being a thing I'd imagine more of a hybrid.

Also, with communication and information processing speeds decreasing drastically, will post-humans even be distinguishable individuals in the far future? Or will the collective become an actual sentient being (e.g. lots of post-humans combining into an individual brain)?

[jojo69]

"slow database"  holy shit, that is below the waterline

[BTCMILLIONAIRE]

https://twitter.com/LeahWald1/status/985665491325804545
The Bitcoin Jig 🎶 🚀 While in North Carolina last week with best friends, we sat around a bonfire 🔥 picked up our banjos, and wrote a song for the love of #Bitcoin
smash that like button

Nice trash BCash reference

[xhomerx10]

https://twitter.com/LeahWald1/status/985665491325804545
The Bitcoin Jig 🎶 🚀 While in North Carolina last week with best friends, we sat around a bonfire 🔥 picked up our banjos, and wrote a song for the love of #Bitcoin
smash that like button

 Same song; dong-dong something about mangina?!  What?  I think she's drunk.
..but yeah CCMF!!

[infofront]

dalek, hands down

exterminate some bitches

Cyberman for me.

[TERA2]

Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world there are much better databases.

[realr0ach]

But I guess it's not PC to say someone is educated because there are soooo many stupid people out there that at most they can be aware of things.

Human civilization functions on specialization, so it's difficult to be more than a compartmentalized retard savant regardless.  Take JayJuanGee for instance.  He's good at posting in this thread...but not really anything else.

Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world there are much better databases.

More garbage Antonopolous lies.  It's 100% not possible to create a decentralized cryptocurrency.  Transaction validators are always designed to terminally centralize through numerous variables like compound interest, economy of scale, foundry capital requirements, effect of the lopsided bell curve on the IP used in mining hardware, asymmetric energy costs, subsidies, etc.  Why do people in this thread repeat the same lies over and over?  Are these easy to understand variables over the heads of you people, or are you all just pump and dump conmen?  On a very short timeline, bitcoin is DESIGNED to have centralized authorities.

[jojo69]

Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world there are much better databases.

but people = shit

soooooooo

[Bitcoinaire]

Whats this?

[Anon136]

Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world a better world than the one we actually live in there are much better databases.