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‘COYOTE VS ACME’ has been officially saved by Ketchup Entertainment, who bought the film for $50M

They plan to give the film a worldwide theatrical release in 2026.

1 year ago 9255 2301 202 691
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We tried putting NFC chips under our fingernails. The Jakcom N3 Smart Nail Chip is a tiny NFC-enabled chip that can be programmed with the Jakcom app. It’s gimmicky and finicky — but when it works, it can have you feeling like James Bond.

1 year ago 75 8 5 4
What’s a technology that you think is overhyped?

I’m going to give a sideways answer to this, which is that the venture capital business model needs to be understood as requiring hype. You can go back to the Netscape IPO, and that was the proof point that made venture capital the financial lifeblood of the tech industry.

Venture capital looks at valuations and growth, not necessarily at profit or revenue. So you don’t actually have to invest in technology that works, or that even makes a profit, you simply have to have a narrative that is compelling enough to float those valuations. So you see this repetitive and exhausting hype cycle as a feature in this industry. A couple of years ago, you would have been asking me about the metaverse, then last year, you would have asked me about Web3 and crypto, and for each of these inflection points there’s an Andreessen Horowitz manifesto.

It’s not simply that one piece of technology is overhyped, it’s that hype is a necessary ingredient of the current business ecosystem of the tech industry. We should examine how often the financial incentive for hype is rewarded without any real social returns, without any meaningful progress in technology, without these tools and services and worlds ever actually manifesting. That’s key to understanding the growing chasm between the narrative of techno-optimists and the reality of our tech-encumbered world.

What’s a technology that you think is overhyped? I’m going to give a sideways answer to this, which is that the venture capital business model needs to be understood as requiring hype. You can go back to the Netscape IPO, and that was the proof point that made venture capital the financial lifeblood of the tech industry. Venture capital looks at valuations and growth, not necessarily at profit or revenue. So you don’t actually have to invest in technology that works, or that even makes a profit, you simply have to have a narrative that is compelling enough to float those valuations. So you see this repetitive and exhausting hype cycle as a feature in this industry. A couple of years ago, you would have been asking me about the metaverse, then last year, you would have asked me about Web3 and crypto, and for each of these inflection points there’s an Andreessen Horowitz manifesto. It’s not simply that one piece of technology is overhyped, it’s that hype is a necessary ingredient of the current business ecosystem of the tech industry. We should examine how often the financial incentive for hype is rewarded without any real social returns, without any meaningful progress in technology, without these tools and services and worlds ever actually manifesting. That’s key to understanding the growing chasm between the narrative of techno-optimists and the reality of our tech-encumbered world.

Stand by this: www.politico.com/newsletters/...

1 year ago 9708 3157 157 350
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The No-Win 'Mystery Drone' Clusterfuck To political grifters boosting their profiles, government inaction is unacceptable, and government action cannot be trusted. There is no acceptable explanation.

New on the New Jersey drone panic: Opportunistic politicians are stoking mass panic to cynically raise their profile and to get themselves booked on national cable news channels and perpetuate the panic cycle. It's not a mystery, it's a grift www.404media.co/the-no-win-m...

1 year ago 133 27 6 2
Light brown pitbull mix curled up on his side  sleeping on a dark blue dog bed

Light brown pitbull mix curled up on his side sleeping on a dark blue dog bed

1 year ago 6 0 0 0