Technology

59446 readers

3485 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

481

In Leaked Audio, Amazon Cloud CEO Says AI Will Soon Make Human Programmers a Thing of the Past (futurism.com)

submitted 2 months ago by shish_mish@lemmy.world to c/technology@lemmy.world

199 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Squizzy@lemmy.world 10 points 2 months ago (1 children)

As a wage slave with no bitcoin or crypto, the technology has been hijacked by these types and could otherwise have been useful.

[–] EnderMB@lemmy.world 2 points 2 months ago (2 children)

I'm not entirely sold on the technology, especially since immutable ledgers have been around long before the blockchain, but also due to potential attack vectors and the natural push towards centralisation for many applications - but I'm just one man and if people find uses for it then good for them.

[–] khaleer@sopuli.xyz 2 points 2 months ago

I guess additional bonus for crypto would be not burning the planet, and actuallt have a real value of something, not the imagined one.

[–] eleitl@lemm.ee 2 points 2 months ago (1 children)

What other solutions to double spending were there in financial cryptography before?

[–] EnderMB@lemmy.world 2 points 2 months ago (1 children)

No idea, I don't work in fintech, but was it a fundamental problem that required a solution?

I've worked with blockchain in the past, and the uses where it excelled were in immutable bidding contracts for shared resources between specific owners (e.g. who uses this cable at x time).

[–] eleitl@lemm.ee 3 points 2 months ago* (last edited 2 months ago)

Fully decentralized p2p cryptocurrency transactions without double spending by proof of work (improvement upon Hashcash) was done first with Bitcoin. The term fintech did not exist at the time. EDIT: looked it up, apparently first use as Fin-Tech was 1967 https://en.wikipedia.org/wiki/Fintech -- it's not the current use of the term though.