I live in less developed countries so it is actually useful for me but I see it the same way as you wrote here.

Low-life businessmen ruined the technology outside of some spaces where there is strong tech leadership. They did too much damage to reputation of the whole industry

They did the same butchering to LLM/AI tech.

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netsharc 7 hours ago | parent [-]

Silicon Valley was a place of engineering invention, and then the money-people saw, "Oh, there's riches to be made here!"...

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mrhottakes 6 hours ago | parent | next [-]

They explicitly built cryptocurrency as a way to hoard more wealth. It was the "engineers" not just the money people.

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ozgrakkurt 6 hours ago | parent [-]

I worked at blockchain companies for 4 years and this is not true.

The ratio of degenerate engineers is maybe 30% but business people is 80%.

People I have worked with were much better compared to other companies I worked in like aviation or consulting

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GlassOwAter 5 hours ago | parent | next [-]

Same here. I’ve met a lot of smart, passionate people in the space that are very respectable.

	▲	Isamu 3 hours ago \| parent [-]
		I absolutely believe this, it attracts developers that can see the idealistic potential. It is worthwhile to do your part for an ideal future. The fact that you your vision is undermined by a determined group of profiteers doesn’t diminish the value of what you can accomplish toward an ideal future.

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mrhottakes 2 hours ago | parent | prev | next [-]

All it takes is for the engineer in charge to be degenerate and the others willing to go along with it, that's how you get a Meta, etc

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dhosek 3 hours ago | parent | prev [-]

I don’t think I’ve ever worked with anyone in engineering who I would consider degenerate aside from the occasional crypto supporter. Even 30% seems like a scary high percentage of degenerate engineers.

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dghlsakjg 6 hours ago | parent | prev [-]

Silicon Valley came up as a result of the military industrial complex in the Cold War.

Money was always the point.