It’s becoming more insane to me how all these hn comments keep buying this fugazi.
It’s all pretrained: the model, the tools, the feedback loop.
All of it runs on infrastructure it does not control.
How can you call something autonomous when it can’t survive losing API keys?
And the capability frontier is fixed. It can’t modify its own architecture, weights, or training data. It can rewrite code inside the box, but it can’t change the box.
As with every other fugazi, there’s no agency.
Without control over substrate, governance, and learning mechanisms, there is no path to open-ended growth or persistence. Technically, it’s bounded automation with language-driven planning.
Useful, maybe, but not a new class of intelligence
The fact that this was from 2018 and people were saying the same thing about the stock market as what people are saying today, gives me conviction that it’s best to just not worry about it and just buy stocks and start making money.
Indeed. Timing a bear market is a waste of effort. Just look at historical returns: more often than not the stock market will be at all-time highs. This has been going on for over a century.
Dollar cost averaging (investing the same percentage of every paycheck) is the winning strategy over the medium and long run.
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