“It works extremely well” doesn’t establish “its prices and restrictions are justified”. much better, less parasitic systems are possible, look at brazil and PIX.
"These networks would be usurped if someone could actually come up with a better system" the problem is the network effects with payments is so strong that this is wrong. to explain it simply, Network effects and customer lock-in mean the best system doesn’t automatically win.
"By the time you see a bug, the AI has already committed it to main"
does anybody actually actively watch the code their agent is writing? i am watching movie recaps on my 2nd monitor. this seems like a problem that they assume exists because they dont actually use their product
i really like the idea of nfts (despite not owning any) but i feel like there is a problem with the current implementation, i imagine they will be big in the future but not in their current form. humans want to show off their things to get status from them(expensive cars, expensive game items(csgo)) with nfts there is no real way to show them off, the closest thing was profile pictures. im not sure of a good way to solve this, i think zuck said something about putting nfts in your metahouse