When USSR was crumbling, factories were also paying workers in products they manufactured.
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RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek So, you're suggesting that they set up company towns where one could buy overpriced nutrition slop with tokens
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RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek I work for an AI company and if it tried this, I'd look for a new gig. This is even less useful than free snacks—those are at least good for empty calories. Just pay me money for my labor. I'm not here for the decor.
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RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek @trendsbot how much tokens for a food?
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RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek After skimming the article I'm kinda torn on this. I think would-be-employees asking about what kind of resources (and quotas) they'll have at the job are fair questions. I think employers trying to frame it as comp is scummy. Your comp package includes 20 cups of coffee per pay period.
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RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek
I agree that this is a sign of the impending #aicrash. But your economic analysis seems a little off.These employers are hiring shoemakers. But if you take the job it isn't certain whether there will be any shoemaking tools for you at your workstation.
It's just a severely undercapitalised shoe factory.
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Q: What is it: does not glow and does not fit in one's arse?
A: Soviet device to glow inside an arse.But I think @montar's point was more about how stuff produced in those factories was at least ostensibly useful.
As in: a washing machine is a useful thing in general, even if a particular washing machine happens to be broken.
Which is not really the case with "AI" tokens.
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What I'm saying is: unionize. ✊
@rysiek Sadly, my union appears to have bought into the bullshit too. Sigh.
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@davidgerard Apropos of nothing. How is Worldcoin doing?
@henryk @davidgerard they call it just ‘world’ now, and are partnered with Tinder for goodness knows why
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RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek The only difference here is that this company scrip is addictive and psychosis inducing
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RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek Can we just burn Silicon Valley down? It's clear that they've gone mad with wealth and power. You're not going to reform guys like Zuckerberg, Bezos, and Thiel. Read how the billionaires talk about the rest of us in the Epstein emails. They really want to bring back 19th century style wage slavery, complete with company script. These psychos own the governments of the world in one way or another. When is enough going to be enough?
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If employees are paid in tokens that means employees are *paying* for tokens out of their own pockets.
No different than mining company town folks having to buy (or rent!) boots and work clothing from the company that employs them. At "special" rates, no doubt.
By the way this should tell you all you need to know what class "white collar" vibe coders and broader IT folks are.
Hint: no, you're not running the company town, you're renting your tools from your factory owner.

For those unfamiliar with the evils of company towns, here's an illustrated explainer:
You’re Lucky You Have a House, Peasant!
https://thenib.com/company-towns-history/ -
RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek *sigh* another week of posting this https://www.youtube.com/watch?v=yOf1BC3ygJY
(clipped from The Fine Print by The Stupendium)
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For those unfamiliar with the evils of company towns, here's an illustrated explainer:
You’re Lucky You Have a House, Peasant!
https://thenib.com/company-towns-history/ -
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RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek basically you are then forgoing part of your salary to pay the AI that is making you supposedly more efficient instead of getting a day off?
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RE: https://mas.to/@trendsbot/116211553284922724
When USSR was crumbling, factories were also paying workers in products they manufactured.
This is AI bubble companies trying to print own money. Printing your own money only works if you find a way to make it necessary. That's what taxes do, for example (recommended reading: David Graeber's "Debt").
Here:
👉 "printing money" part is paying employees in tokens
👉 "taxes" part is requiring employees to use AI in their day to day work (thus making tokens necessary)
@rysiek "Circus started to pay their workers in products they manufacture. Manager gathered all clowns together and laughed in their faces"
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undefined oblomov@sociale.network shared this topic
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@rysiek That sounds similar to ye olde miners having to spend most of their salary to buy their equipment at the company store.