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nl 4 hours ago

> But the more Holmes talks to Fielder, the more he teases out her unhinged rationale, which is: The device works fine! We just had to figure out that pesky chemistry stuff! The strange thing is that Holmes has such a corporate mindset that she treats the chemistry stuff…that hadn’t been invented yet…as just another glitchy small problem that could easily be solved

The difference between science and engineering right there...

s_dev 4 hours ago | parent | next [-]

You mean marketing and engineering.

TheOtherHobbes 4 hours ago | parent | next [-]

Management and engineering.

runsfromfire 3 hours ago | parent [-]

Owners and employees

sam_lowry_ 3 hours ago | parent [-]

Capitalists and workers?

jodrellblank 3 hours ago | parent | next [-]

Worker and parasite?

https://youtube.com/watch?v=z2_dhUv_CrI (The Simpsons)

philipallstar 2 hours ago | parent | prev [-]

Capitalists are the ones who allocate - and risk - money to attempt to solve problems like this.

tclancy 2 hours ago | parent [-]

Yeah and we wish they would stop. Because solutions like this are something the system optimizes for.

philipallstar 2 hours ago | parent [-]

Then we wouldn't have anything that's hard to create and/or requires risk.

jodrellblank an hour ago | parent | next [-]

Imagine claiming undue credit for the works of Euler, Einstein, Michaelangelo, and hundreds of huge Cathedrals all over Europe, while disclaiming the constant bailouts from the taxpayer so that Capitalists never actually risk or lose money, and being blinkered to the fact that 'money' doesn't solve hard problems or do hard things, workers do.

Manhattan project? Taxpayer funded. Concorde? Taxpayer funded. Walking on the Moon? Taxpayer funded. What are you talking about.

philipallstar 23 minutes ago | parent [-]

> so that Capitalists never actually risk or lose money

If you think capitalists never lose money then you're not on this planet. Obviously money is lost all the time. There are lots of investors, lots of companies, and few winners. This is mad. Of course bailouts happen, and they're done by the state. Capitalism would let them fail.

> Manhattan project? Taxpayer funded. Concorde? Taxpayer funded. Walking on the Moon? Taxpayer funded. What are you talking about.

In this case the state is the capitalist, although it's taking the money by force rather than with a risk/reward voluntary investment. The worker isn't doing this by him/herself.

jackb4040 an hour ago | parent | prev [-]

Bro it's a thread about Theranos just take the L

NoboruWataya an hour ago | parent | prev [-]

She had a science/engineering background, more than marketing. Engineers can be frauds too.

qsera an hour ago | parent [-]

Marketing by definition is fraudulent because it is all about creating a fake need.

dragochat 3 hours ago | parent | prev | next [-]

she'd be the perfect CEO of a BigAI corpo - as opposed to betting on humans randomly discovering new chemistry in predictable ammount of time, betting on neural networks offering a brute-force way to (super)human congnition is actualy "saner" - I mean, we know from _evolution_ that in a universe with out _physics_ brute forcing the problem of building intelligence with neural-network like architecture "very likely works"...

now this thought just made me have more sympathy for Sam Altman (there can actually be much worse ppl out there...)

epihelix 2 hours ago | parent | next [-]

I don't want to necessarily claim that Altman is worse than Holmes, but I don't think the rank order is entirely clear either.

An AI CEO was absolutely Holmes' calling. You can only imagine.

2 hours ago | parent [-]
[deleted]
ungovernableCat an hour ago | parent | prev | next [-]

Elizabeth: my company will enable a full quick and cheap blood test from just a finger prick

Amodei: AI will cure cancer

Elizabeth wasn’t ambitious and visionary enough for the current era.

owebmaster 3 hours ago | parent | prev [-]

If Sam Altman was actually named Elizabeth Altman the OpenAI CEO would be in jail.

derektank 3 hours ago | parent | next [-]

People seem to forget that Sunny Balwani also went to prison over the Theranos fraud.

rcxdude 3 hours ago | parent | prev | next [-]

There are many issues with OpenAI but the two situations are pretty significantly different.

dragochat 3 hours ago | parent | prev [-]

was about to reply, but... this has more layers than a (rotten) onion - I'll just restrain myself form doing so :P

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

And yet somehow what she did still isn't as bad as what every private equity form on Wall Street gets away with daily.

There's no excuse for defrauding investors, but at least the "aim" was to produce a product that, if it actually had worked, would have been medically revolutionary. I don't even believe that she went in on scam from the start, she must have at least genuinely believed, no matter how nonchalant, that there was going to be a product - otherwise how would she possibly expect to get away with it?

Blackrock, Citadel, KKR etc - all they do is buy up actual businesses that provide actual products and services, by using the most predatory and immoral "leveraged buyout" technique and then stripping its assets and leasing them back like some demented parasitic worm

rcxdude 3 hours ago | parent | prev [-]

How so? In my experience academics are far more likely to sweep big practical issues under the rug because they're primarily concerned with being something working one so they can write a paper, as opposed to making a product that has to work in practice.

(It is surprisingly common to have delusions about the scale of engineering problems in management, which causes problems even when it doesn't explode into outright fraud. I've had management insist on pursuing a project that was already quite risky and difficult in its own right but which also needed a technology that just didn't exist yet to actually be usable by customers in the field: mostly on the back of some theoretical calculations by some acadamics that masked big underlying problems. The issue was pretty obvious but just subtle enough to be easy to convince yourself it wasn't that hard)