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Comment by dgemm | Hacker News Reader

Two years ago they would have been finding a way to add blockchain.

I still receive decks with great regularity that drag the blockchain in by the hairs. Extremely boring and a very quick way to end up in the round archive. One of those two days ago. It was so cringeworthy I'd almost post it here but that's sort of rude. This one was a borderline scam with a whole pile of content recycled from other decks and fake education records for the participants. Who ever thought we'd check up on that stuff, so just lie away with abandon.

It's good stuff to keep the partners sharp though, see if they spot the mistakes.

>a very quick way to end up in the round archive

I love this phrase

> This one was a borderline scam with a whole pile of content recycled from other decks and fake education records for the participants.

Fake education records... that's over the borderline for me, and definitely falls into scam territory.

Tricky territory. Lots of people will embellish something when they're in sales mode, in this case the same set of schools could be found for several different people who all happened to be involved in the coin scene. The chances of that being coincidence are nil, but that's not quite proof. That said I'd bet a couple of grand on it without being too worried.

"With our advanced Proof of Sleep algorithm... In the cloud..."

I think you mean Earth Computing. Your data stored and analysed in the ground.

… using Deep Learning and NoSQL …

my new favorite MBA tech word is "serverless"

This is particularly funny for me as a person who works for an ISP at layers 1 to 4 on the OSI model. There's always some real hardware somewhere running it. Can't escape from the bare metal, only abstract it away behind layers of obfuscation.

I'm sure somewhere on Earth right now there is already a startup based on block chain storage of convolutional neural network learning face recognition.

Surely such a thing would exist not on Earth, but in the Cloud.

I don’t suspect this is true, as VCs would quickly go bankrupt investing enormous amounts of money into such a startup

VC returns are not what you think they are. There is a lot of dumb money floating around and the long term returns of quite a few funds are much lower than what you might think. A couple of funds outperform the remainder quite handily which results in an average that looks acceptable but quite a few people lost a lot of $ on becoming an LP of a badly managed fund.

That won't stop the fund managers from making out like bandits, the carry may be nil but the management fees will more than make up for that. Beware of investing in funds where the fund managers do not have substantial skin in the game.

> There is a lot of dumb money floating around

I like to refer to funding and acquisitions in terms of Juiceros, equivalent to $120M. Instagram was purchased for about 8.3 Juiceros.

Hehe, that's funny. I may adopt that, but at the level that I'm investing I'll have to use uJuiceros or there will be way too many zeros.

I do the same, but I measure in terms of Instagrams. I might take your idea for sub-Instagram units, though measuring by units of $120 million adds more overhead than units of $1 billion.

Check out this antiquated walrus over here, talking about Blockchain convolutional neural networks like it’s November 2019.

Here in the present we’re doing our neural networks with non-quantum simulated quantum networks that definitely don’t not not work.

How else do you keep track of who slept and how much as to bill for the enhanced usage of your seat? /s

Two years already?! Even the hype cycles have to adjust their x-axis.

I'm not worried, that will sink in the data lake too.

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