dmv.community is one of the many independent Mastodon servers you can use to participate in the fediverse.
A small regional Mastodon instance for those in the DC, Maryland, and Virginia areas. Local news, commentary, and conversation.

Administered by:

Server stats:

175
active users

#blockchain

8 posts8 participants1 post today

I think I see an AI #bubble forming in my inbox

I'm getting daily daily pitches from AI startups I’ve never heard of, from PR peeps and agencies I’ve never worked with before.

I’ve even spotted a PR company that used to specialize in blockchain rebrand itself to de-emphasize all things crypto.

I’ve seen this before with the #metaverse, #blockchain, #virtualreality and several other waves of tech hype.

It seems to me that when a market heats up, many funded companies spend some of their money on hashtag#PR. Almost none of those companies survive. PR companies score some dumb money and grow, then shrink again.


Their PR isn't pretty because the startups don’t have a lot to say and their pitches tend to follow a formula of mentioning the VC that funded them, the fact their founder worked at Big Tech companies, and their intent to revolutionize/democratize something.

If I'm right, I'm in for about 2 years of this junk

Replied in thread

@williampietri its because you havent yet realised your existential #blockchAIn needs 🤣

The law generalizes: "do I need any tech bubble that is only engineered to satisfy deranged profit expectations of lazy ignorami "investors" that couldn't care less about any human condition besides growing their hoard of claims against humanity"?

Now, you can break human laws and get away with it, but eventually reality catches up and our continued tolerance of distractions will come with a heavy toll.

Struggling for a Real Alternative

For the last 5 years conversations have been about, the #Fediverse, #Web3 and more recently the pushing of #mainstreaming into the #openweb native path. But despite this, the #fediverse is still a notable outlier in the digital landscape. This is in part because unlike the dominant tech trends, which emerge from Silicon Valley and the cross-Atlantic #dotcons agenda, the #fediverse is rooted in European ideals of decentralization, federation, and digital autonomy, it's a "native" #openweb […]

hamishcampbell.com/struggling-

hamishcampbell.comStruggling for a Real Alternative – Hamish Campbell
More from Hamish Campbell

"According to a memo circulating among State Department staff and reviewed by WIRED, the Trump administration plans to rename the United States Agency for International Development (USAID) as US International Humanitarian Assistance (IHA), and to bring it directly under the secretary of state. The document, on which Politico first reported, states that as part of its reorganization, the agency will “leverage blockchain technology” as part of its procurement process.

“All distributions would also be secured and traced via blockchain technology to radically increase security, transparency, and traceability,” the memo reads. “This approach would encourage innovation and efficiency among implementing partners and allow for more flexible and responsive programming focused on tangible impact rather than simply completing activities and inputs.”

The memo does not make clear what specifically this means—if it would encompass doing cash transfers in some kind of cryptocurrency or stablecoin, for example, or simply mean using a blockchain ledger to track aid disbursement."

#USA #USAID #Trump #Blockchain #Crypto #Cryptocurrencies #HumanitarianAid

arstechnica.com/tech-policy/20

Sign for USAID
Ars Technica · Trump administration’s blockchain plan for USAID is a real head-scratcherBy WIRED

"researched the use of blockchain in #humanitarian work, says that #blockchain technologies... offer no obvious advantages over other tools organizations could use, such as an existing payments system or another #database tool. “There’s no proven advantage that it’s cheaper or better,” he says. “The way it’s been presented is this #tech solutionist approach that has been proven over and over again to not have any substantial impact in reality”"
wired.com/story/trump-administ

#Trump#Coup#USPol
Continued thread

“All distributions would also be secured and traced via blockchain technology to radically increase security, transparency, and traceability,” the memo reads. “This approach would encourage innovation and efficiency among implementing partners and allow for more flexible and responsive programming focused on tangible impact rather than simply completing activities and inputs.”

"According to a memo circulating among State Department staff [...], the Trump administration plans to rename the United States Agency for International Development (#USAID) as US International Humanitarian Assistance (IHA), and to bring it directly under the secretary of state. The document, on which Politico first reported, states that as part of its reorganization, the agency will 'leverage blockchain technology' as part of its procurement process."

wired.com/story/trump-administ

WIRED · The Trump Administration Wants USAID on the BlockchainBy Vittoria Elliott