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David Gerard ( dgerard@awful.systems ) M to TechTakes@awful.systemsEnglish ·
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7 months ago

AI companies try to pay staff in AI tokens, not money

pivot-to-ai.com

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AI companies try to pay staff in AI tokens, not money

pivot-to-ai.com

David Gerard ( dgerard@awful.systems ) M to TechTakes@awful.systemsEnglish ·
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7 months ago
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23
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  • cross-posted to:
  • nottheonion@lemmy.ml
This week’s big headline is: “Silicon Valley is buzzing about this new idea: AI compute as compensation“. Uh huh. [Business Insider] The idea is that instead of getting paid dollars to work for an …

I owe my SOUL․md to the company store

https://www.youtube.com/watch?v=KLERkM2TJbw&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260312-ai-companies-try-to-pay-staff-in-ai-tokens-not-money - podcast

time: 6 min 57 sec

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  • flamingos-cant (hopepunk arc) ( flamingos@feddit.uk ) 
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    7 months ago

    This is not in any way a “new” idea. It’s company scrip — a company’s own made-up money that you can only spend in the company store.

    At least you could buy food with company script. Tech bros have really invented company script, but worse.

    • DigitalAudio ( DigitalAudio@sopuli.xyz ) 
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      This is exactly how the banana massacre in Colombia took place 100 years ago. Workers were being paid in United Fruit Company bonds, which caused revolts and protests, the US government threatened to invade to protect the company’s interests, so the Colombian government deployed the army to suppress the protests and murdered thousands of farmers.

      This still shapes Colombian politics to this day, has appeared in A Hundred Years of Solitude, and has absolutely helped power the leftist movements in the country since. The parliament and president have constantly referenced this instance in recent years too as examples of American neocolonialism.

      It’s a tale as old as time.

      • froztbyte ( froztbyte@awful.systems ) 
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        7 months ago

        it’s amazing what knowing even a lick of history can do, hey?

        • DigitalAudio ( DigitalAudio@sopuli.xyz ) 
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          Don’t worry, the Colombian right wing has done its absolute best to victim blame the farmers, or to diminish the atrocity or to claim it was a necessary sacrifice.

          Meanwhile the Colombian guerrillas did their absolute best to shit on the popular movements that fueled them initially by allying themselves with drug traffickers and committing atrocities themselves against rural civilian populations.

          So basically the Colombian civilians of the 20th century were sandwiched between an overzealous fascist right wing and a violent and reckless left wing.

          Nowadays both sides are politically mostly rhetorical and the left wing is far less violent while the right wing is more careful about their image after losing elections and Congress seats to the left.

    • apotheotic (she/her) ( apotheotic@beehaw.org ) 
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      7 months ago

      Just a heads up that its “scrip” not “script” :3

      • jaybone ( jaybone@lemmy.zip ) 
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        7 months ago

        In this context it’s a good pun though.

        • apotheotic (she/her) ( apotheotic@beehaw.org ) 
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          That isn’t lost on me but it didn’t seem like an intentional one (if it was I blame my autism)

      • flamingos-cant (hopepunk arc) ( flamingos@feddit.uk ) 
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        7 months ago

        Well that’s embarrassing, it’s literally in the part I quoted.

    • flere-imsaho ( mawhrin@awful.systems ) 
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      7 months ago

      but they did it from first principles and without needing to update their priors!

      • froztbyte ( froztbyte@awful.systems ) 
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        7 months ago

        ……snrk

    • Jiral ( Jiral@lemmy.org ) Banned from community
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      7 months ago

      Yes, at least that company script could buy you real stuff, food etc. AI tech bros want to pay you in hot air. Anyhow, isn’t that illegal even in the US? It surely is in the EU.

  • frustrated_phagocytosis ( frustrated_phagocytosis@fedia.io ) 
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    Are none of them offering to convert their own wealth into AI tokens to signal their support for this new amazing system? Why not?

  • CompactFlax ( CompactFlax@discuss.tchncs.de ) 
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    Hopefully they run out of cash flow asap.

    • froztbyte ( froztbyte@awful.systems ) 
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      as I said elsewhere: I suspect this is happening because cash is becoming tighter

  • zqwzzle ( zqwzzle@lemmy.ca ) 
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    This just sounds like shittier crypto 2.0

  • o7___o7 ( o7___o7@awful.systems ) 
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    7 months ago

    Labor theory of value, but worse

    • froztbyte ( froztbyte@awful.systems ) 
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      7 months ago

      watching the saltman interview (in this frame) is…so much worse

      I was planning to get drunkwatch it but I haven’t really had the headspace to get that mad this week

  • ZombieCyborgFromOuterSpace ( ZombieCyborgFromOuterSpace@piefed.ca ) 
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    7 months ago

    Sorry. That’s not legal tender.

  • oxy ( oxyhyxo@mastodon.bsd.cafe ) 
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    deleted by creator

    • chunkystyles ( chunkystyles@sopuli.xyz ) 
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      7 months ago

      Please sir, may I have a scrap of context?

      • Jiral ( Jiral@lemmy.org ) Banned from community
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        7 months ago

        Read the Business Insider article prominently linked in the source. They are creating the pretense of oh so scarce AI tokens critical for career success of programmers to push for a modern, more useless version of company scrip. Something outlawed back in the days following the industrial revolution for a reason.

  • Sidyctism II. ( Sidyctism2@discuss.tchncs.de ) 
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    Sixteen prompts
    What do i get?
    Another day older
    And deeper in dept
    Saint peter (thiel) dont call me
    Cause i cant go -
    I owe my soul to the AI slopstore

  • Maleficannot ( Maleficannot@awful.systems ) 
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    I literally thought this shit was The Onion at first glance

    we are living through the shittiest Shadowrun campaign ever written

  • Low Frequency Ovipositor ( pikesley@mastodon.me.uk ) 
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    7 months ago

    @dgerard these tokens, are they… Fungible?

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