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  3. Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

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  • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

    Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

    It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

    chardlee@dads.coolC This user is from outside of this forum
    chardlee@dads.coolC This user is from outside of this forum
    chardlee@dads.cool
    schrieb zuletzt editiert von
    #10

    @thomasfuchs although you have to admit the concept of a Dyson sphere is pretty cool. The reality, perhaps not so much.

    thomasfuchs@hachyderm.ioT 1 Antwort Letzte Antwort
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    • chardlee@dads.coolC chardlee@dads.cool

      @thomasfuchs although you have to admit the concept of a Dyson sphere is pretty cool. The reality, perhaps not so much.

      thomasfuchs@hachyderm.ioT This user is from outside of this forum
      thomasfuchs@hachyderm.ioT This user is from outside of this forum
      thomasfuchs@hachyderm.io
      schrieb zuletzt editiert von
      #11

      @chardlee Dyson spheres are lliterally a joke, as in Dyson published a paper that made fun of other physicists.

      More about this:
      https://youtu.be/fLzEX1TPBFM?si=NgK9nOU7ZEmdSQvC

      1 Antwort Letzte Antwort
      0
      • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

        Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

        It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

        garywhittaker@mastodon.socialG This user is from outside of this forum
        garywhittaker@mastodon.socialG This user is from outside of this forum
        garywhittaker@mastodon.social
        schrieb zuletzt editiert von
        #12

        @thomasfuchs
        Selling people real estate plots on the moon was another scam.

        1 Antwort Letzte Antwort
        0
        • gbargoud@masto.nycG gbargoud@masto.nyc

          @SecondUniverse @thomasfuchs

          Yeah those emails were truly vile and it's quite the coincidence that Elon Musk has been making so many wild scam announcements that immediately make the news right after a bunch of them were released with his name in.

          mylittlemetroid@sfba.socialM This user is from outside of this forum
          mylittlemetroid@sfba.socialM This user is from outside of this forum
          mylittlemetroid@sfba.social
          schrieb zuletzt editiert von
          #13

          @gbargoud @SecondUniverse @thomasfuchs other than all the horribleness I have to say that it’s something that even Mr. Epstein of all people was like “I can’t even with this guy”

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          • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

            Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

            It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

            pizzademon@mastodon.onlineP This user is from outside of this forum
            pizzademon@mastodon.onlineP This user is from outside of this forum
            pizzademon@mastodon.online
            schrieb zuletzt editiert von
            #14

            @thomasfuchs It sounds exciting! How can I learn more? Is there some kind of seminar?

            nunesgh@mastodon.socialN 1 Antwort Letzte Antwort
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            • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

              Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

              It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

              gdtrfb@mstdn.socialG This user is from outside of this forum
              gdtrfb@mstdn.socialG This user is from outside of this forum
              gdtrfb@mstdn.social
              schrieb zuletzt editiert von
              #15

              @thomasfuchs Grifters gonna grift

              1 Antwort Letzte Antwort
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              • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                carpetbomberz@mastodon.onlineC This user is from outside of this forum
                carpetbomberz@mastodon.onlineC This user is from outside of this forum
                carpetbomberz@mastodon.online
                schrieb zuletzt editiert von
                #16

                @thomasfuchs

                Jumbo Mortgages
                Collateralized Debt Obligations
                Real Estate Investment Trusts

                It's all one big bag of pig in a poke.

                Never buy a pig in a poke.

                1 Antwort Letzte Antwort
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                • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                  Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                  It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                  anne_twain@theblower.auA This user is from outside of this forum
                  anne_twain@theblower.auA This user is from outside of this forum
                  anne_twain@theblower.au
                  schrieb zuletzt editiert von
                  #17

                  @thomasfuchs In Australia we call it a "bottom of the harbour scheme" after an infamous scam where people were sold land that was under the sea in Sydney Harbour.

                  1 Antwort Letzte Antwort
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                  • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                    Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                    It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                    oldoldcojote@climatejustice.socialO This user is from outside of this forum
                    oldoldcojote@climatejustice.socialO This user is from outside of this forum
                    oldoldcojote@climatejustice.social
                    schrieb zuletzt editiert von
                    #18

                    @thomasfuchs
                    😂🔥

                    1 Antwort Letzte Antwort
                    0
                    • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                      Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                      It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                      J This user is from outside of this forum
                      J This user is from outside of this forum
                      jackmexa4@mastodon.social
                      schrieb zuletzt editiert von
                      #19

                      @thomasfuchs

                      Aka con

                      1 Antwort Letzte Antwort
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                      • pizzademon@mastodon.onlineP pizzademon@mastodon.online

                        @thomasfuchs It sounds exciting! How can I learn more? Is there some kind of seminar?

                        nunesgh@mastodon.socialN This user is from outside of this forum
                        nunesgh@mastodon.socialN This user is from outside of this forum
                        nunesgh@mastodon.social
                        schrieb zuletzt editiert von
                        #20

                        @PizzaDemon
                        Ask Thiel.
                        @thomasfuchs

                        1 Antwort Letzte Antwort
                        0
                        • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                          Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                          It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                          fruitcakesareyum@mastodon.socialF This user is from outside of this forum
                          fruitcakesareyum@mastodon.socialF This user is from outside of this forum
                          fruitcakesareyum@mastodon.social
                          schrieb zuletzt editiert von
                          #21

                          @thomasfuchs

                          Wasn't there also a "name a star" scam going on at some point?

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                          • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                            Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                            It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                            avocado_toast@mstdn.socialA This user is from outside of this forum
                            avocado_toast@mstdn.socialA This user is from outside of this forum
                            avocado_toast@mstdn.social
                            schrieb zuletzt editiert von
                            #22

                            @thomasfuchs Just read a whole book on the weirdo beliefs belying these types of things and I gotta say I think some of the billionaires saying them actually believe the dumb shit they're pretending will work.

                            But almost certainly a portion of it is "if you cannot dazzle them with your brilliance, baffle them with bullshit"

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                            • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                              Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                              It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                              nekoed@yiff.lifeN This user is from outside of this forum
                              nekoed@yiff.lifeN This user is from outside of this forum
                              nekoed@yiff.life
                              schrieb zuletzt editiert von
                              #23

                              @thomasfuchs "Cheesy movie" works too

                              1 Antwort Letzte Antwort
                              0
                              • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                                Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                                It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                                ainmosni@social.ainmosni.euA This user is from outside of this forum
                                ainmosni@social.ainmosni.euA This user is from outside of this forum
                                ainmosni@social.ainmosni.eu
                                schrieb zuletzt editiert von
                                #24

                                @thomasfuchs Wait did someone actually float the idea of a Dyson sphere? And they pretended to be serious?

                                1 Antwort Letzte Antwort
                                0
                                • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                                  Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                                  It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                                  christopherkunz@chaos.socialC This user is from outside of this forum
                                  christopherkunz@chaos.socialC This user is from outside of this forum
                                  christopherkunz@chaos.social
                                  schrieb zuletzt editiert von
                                  #25

                                  @thomasfuchs If you believe in AI data centers or 180km long cities in the desert, I have a bridge to sell you.

                                  1 Antwort Letzte Antwort
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                                  • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                                    Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                                    It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                                    ambientdread@toot.ioA This user is from outside of this forum
                                    ambientdread@toot.ioA This user is from outside of this forum
                                    ambientdread@toot.io
                                    schrieb zuletzt editiert von
                                    #26

                                    Like "vaporware booths" at Consumer Electronic Shows only stickier

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                                    0
                                    • pmj@social.pmj.rocksP pmj@social.pmj.rocks shared this topic
                                    • thomasfuchs@hachyderm.ioT thomasfuchs@hachyderm.io

                                      Back in the 90s we had a great term for stuff like “building AI satellite factories on the Moon” and “we’ll just envelop the solar system with a Dyson Sphere”.

                                      It’s pretty technical and I forgive you if you’ve never heard of it, the term is “investment scam”.

                                      pmj@social.pmj.rocksP This user is from outside of this forum
                                      pmj@social.pmj.rocksP This user is from outside of this forum
                                      pmj@social.pmj.rocks
                                      schrieb zuletzt editiert von
                                      #27

                                      @thomasfuchs

                                      yeah, but in the 90s they were niche companies, the economy wouldn't care if they'd be gone
                                      but today, oh boy, today, it's the top 3 companies on the planet involved 🤯

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