this post was submitted on 22 Dec 2024
235 points (98.0% liked)

Asklemmy

44148 readers
1539 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago
MODERATORS
 

Short disclosure, I work as a Software Developer in the US, and often have to keep my negative opinions about the tech industry to myself. I often post podcasts and articles critical of the tech industry here in order to vent and, in a way, commiserate over the current state of tech and its negative effects on our environment and the Global/American sociopolitical landscape.

I'm generally reluctant to express these opinions IRL as I'm afraid of burning certain bridges in the tech industry that could one day lead to further employment opportunities. I also don't want to get into these kinds of discussions except with my closest friends and family, as I could foresee them getting quite heated and lengthy with certain people in my social circles.

Some of these negative opinions include:

  • I think that the industries based around cryptocurrencies and other blockchain technologies have always been, and have repeatedly proven themselves to be, nothing more or less than scams run and perpetuated by scam artists.
  • I think that the AI industry is particularly harmful to writers, journalists, actors, artists, and others. This is not because AI produces better pieces of work, but rather due to misanthropic viewpoints of particularly toxic and powerful individuals at the top of the tech industry hierarchy pushing AI as the next big thing due to their general misunderstanding or outright dislike of the general public.
  • I think that capitalism will ultimately doom the tech industry as it reinforces poor system design that deemphasizes maintenance and maintainability in preference of a move fast and break things mentality that still pervades many parts of tech.
  • I think we've squeezed as much capital out of advertising as is possible without completely alienating the modern user, and we risk creating strong anti tech sentiments among the general population if we don't figure out a less intrusive way of monetizing software.

You can agree or disagree with me, but in this thread I'd prefer not to get into arguments over the particular details of why any one of our opinions are wrong or right. Rather, I'd hope you could list what opinions on the tech industry you hold that you feel comfortable expressing here, but are, for whatever reason, reluctant to express in public or at work. I'd also welcome an elaboration of said reason, should you feel comfortable to give it.

I doubt we can completely avoid disagreements, but I'll humbly ask that we all attempt to keep this as civil as possible. Thanks in advance for all thoughtful responses.

(page 3) 26 comments
sorted by: hot top controversial new old
[–] [email protected] 5 points 22 hours ago* (last edited 21 hours ago) (1 children)

I think that the industries based around cryptocurrencies and other blockchain technologies have always been, and have repeatedly proven themselves to be, nothing more or less than scams run and perpetuated by scam artists.

Can you please expand on this and help me out here?

I’m coming across people who are true believers in crypto and while I insist it’s a scam and it’s destroying the fucking planet, they go down the rabbit hole into places I can’t follow because I’ve literally not had the interest nor desire to read up on crypto.

They keep saying that what’s really destroying the planet is the existing financial system with all of the logistics involved with keeping it up as opposed to the cryptofarms adding to the demand on the electric grid. They say that is the goal, to replace the existing financial energy demand with crypto but again, it’s only added to it. Another talking point is that in the case of global climate catastrophe there will be pockets of electricity and cryptoservers somewhere on the planet and that while crypto will remain all the other financial systems will disappear

They also seem to somehow think it’s the fix to workplace bureaucracy somehow and everything in sight

Please impart some knowledge.

[–] [email protected] 4 points 21 hours ago (1 children)

Bitcoin and all similar crypto were intentionally designed to be self deflating, it won't replace finance, it's speed running the same problems. The reason almost every country on earth switched to fiat/self inflating currencies is that the best way to invest a deflating currency is to stash it and forget about it.

[–] [email protected] 2 points 21 hours ago (1 children)

Please explain like I’m a bean

[–] [email protected] 4 points 21 hours ago (1 children)

Why deflation is bad: deflation means that as time goes on the same amount of money is worth more. This means that a viable way to invest the money is to hold onto it. Say there is yearly deflation of 4%, that means any investment which has a return lower than 4% is losing you money. Additionally intelligent consumers will cut down on purchases since they can buy more for less later. This leads to economic slowdowns and can self compound if suppliers decide to lower prices.

This is one reason why countries like inflation, it encourages spending and investment.

Bitcoin and similar crypto require new coins to validate all previous coins and interactions. Each new coin is exponentially more expensive than the previous. Therefore Bitcoin wealth is extremely stratified to early adopters who built up a collection before the value became this obscene.

[–] [email protected] 3 points 21 hours ago (1 children)

What about the new sentiment that pushes the switch back to the gold standard, is this a pipe dream? Aren’t there some major backers of this idea who hold it to be viable?

[–] [email protected] 3 points 19 hours ago

Complete pipe dream, commodity backed currency means the currency issuer loses control of inflation/deflation to production of said commodity. For a commodity backed currency to maintain value, the commodity stores owned by the issuer have to grow in proportion to monetary demand (usually GDP growth).

[–] [email protected] 1 points 22 hours ago (1 children)

We should stop making software for others.

A prerequisite for reasonable tech use is understanding the amount of energy and materials you need to "burn through" for any given piece of tech to 1) exist and 2) do its useful work. Call me naive, but I really doubt that we'd be accelerating climate change this much if every person contributing to the "X thousand hours of videos uploaded to YouTube each day" was required to write their own video hosting software first. I doubt our social networks would become so captured by propagandists of every user of one had to write their own. (Obviously as an absolute this is a bit too restrictive - it's more the tone and direction that I'm trying to convey).

Instead, we should be teaching and helping others reach our knowledge /skill level.

Maybe the execs would stop pushing shitty UI dark patterns if they had to code the service themselves (and then use it afterwards!).

One^can^^dream...

[–] [email protected] 4 points 21 hours ago (1 children)

We should stop making software for others.

Except that most of humanity doesn't have the expertise to do so. You can make your software, but not everyone can.

[–] [email protected] 0 points 21 hours ago (3 children)

... That's why I ended my comment with "we should be teaching others and helping them make their own".

load more comments (3 replies)
load more comments
view more: ‹ prev next ›