Actor Troy Baker endorses NFT voice AI that aims to replace actors

[ultima786]

I literally just outlined what NFTs are 8 posts up on this very page. If you can't see why a virtual artificial scarcity scheme created by venture capitalists based on blockchain tech that exists only to profit off of greater fool theory as a speculative market, all while significantly increasing carbon emissions and glutting the global supply of GPUs, then I don't know what to tell you.

And Troy Baker's always been a POS. This only solidified it.

Sounds a lot like so many other speculative investments that are typical. The only difference here is that video games are involved. If you have a problem with NFTs, then you have a problem with faith-based currency, interest, short-selling, etc etc etc. and maybe you do? Maybe you completely disagree with the foundations of wealth in the modern world? That’s fine if you think this way, just make sure know what you are implying. And Troy Baker investing in it making him an “asshole” makes nearly billions of others investing in modern financial instruments also “assholes”.

I think there is a lot of hyperbole here directed towards one guy that is blind to the way modern investing works.

Edit: to add, I have always had a philosophical problem with money growing out of thin air the way it does today. And how we can assign value to virtual nonsense and barter with it. But that’s been a problem much before NFTs were a thing

 

[Rydeen]

Sounds a lot like so many other speculative investments that are typical. The only difference here is that video games are involved. If you have a problem with NFTs, then you have a problem with faith-based currency, interest, short-selling, etc etc etc. and maybe you do? Maybe you completely disagree with the foundations of wealth in the modern world? That’s fine if you think this way, just make sure know what you are implying. And Troy Baker investing in it making him an “asshole” makes nearly billions of others investing in modern financial instruments also “assholes”.

I think there is a lot of hyperbole here directed towards one guy that is blind to the way modern investing works.

Edit: to add, I have always had a philosophical problem with money growing out of thin air the way it does today. And how we can assign value to virtual nonsense and barter with it. But that’s been a problem much before NFTs were a thing

I think fiat currency is a little more sensible as the supply is very centrally controlled. So the scarcity is still manufactured, just to a lesser extent. NFTs also have no tangible value, unlike products and services. It's not even a copyright. It's just a very exotic financial product which all tend to have exotic crashes that normal people have to clean up.

 

[KindOfBlue]

NFTs also have no tangible value, unlike products and services.

Actually, I have it on good authority that the digital land in the metaverse that I own by purchasing tiles in Earth 2 is in fact very tangible…or at least my crippling debt is, anyways

 

[Makoeyes987]

Sounds a lot like so many other speculative investments that are typical. The only difference here is that video games are involved. If you have a problem with NFTs, then you have a problem with faith-based currency, interest, short-selling, etc etc etc. and maybe you do? Maybe you completely disagree with the foundations of wealth in the modern world? That’s fine if you think this way, just make sure know what you are implying. And Troy Baker investing in it making him an “asshole” makes nearly billions of others investing in modern financial instruments also “assholes”.

Maybe you should actually read and know what you're talking about before you go off. Because most "speculative investments" correlate to a tangible good or service in reality. A random token on the blockchain is nothing. It is nothing but an address. The fact you compare an NFT to actual fiat monetary currency that is backed by a government that insures, protects, and assigns value based on a market housed within reality is fucking lol. No I don't have a "problem" with real life money because it exists and isn't a fucking carbon sink GPU devouring Ponzi scheme looking for suckers to invest in it so as to offload the risk onto some other poor sap. The fact people into NFTs are so hellbent on getting other people into it should give anyone with common sense pause. It's like the Herbalife "managers" trying to offer an "investment opportunity" to their friends and family.

And that's not even covering the massive art theft that proliferates in NFT markets like Opensea.

I think there is a lot of hyperbole here directed towards one guy that is blind to the way modern investing works.

Well, you think wrong. Either due to ignorance or willful ignorance.

Edit: to add, I have always had a philosophical problem with money growing out of thin air the way it does today. And how we can assign value to virtual nonsense and barter with it. But that’s been a problem much before NFTs were a thing

Found the libertarian!!!

 

[ultima786]

Maybe you should actually read and know what you're talking about before you go off. Because most "speculative investments" correlate to a tangible good or service in reality. A random token on the blockchain is nothing. It is nothing but an address. The fact you compare an NFT to actual fiat monetary currency that is backed by a government that insures, protects, and assigns value based on a market housed within reality is fucking lol. No I don't have a "problem" with real life money because it exists and isn't a fucking carbon sink GPU devouring Ponzi scheme looking for suckers to invest in it so as to offload the risk onto some other poor sap. The fact people into NFTs are so hellbent on getting other people into it should give anyone with common sense pause. It's like the Herbalife "managers" trying to offer an "investment opportunity" to their friends and family.

And that's not even covering the massive art theft that proliferates in NFT markets like Opensea.



Well, you think wrong. Either due to ignorance or willful ignorance.



Found the libertarian!!!

Are you this condescending and arrogant in real life? I’d be happy to debate further with you, but you seem incapable of not getting riled up nor willing to engage with the discussion unoffensively.

 

[Makoeyes987]

I don't need nor wish to debate you. There is no debate; what I said about NFTs are factually true, which you conveniently ignored. And I find your attempt to preach and defend something indefensible while simultaneously being completely ignorant of the topic pretty offensive and condescending as well.

Maybe there's a reason everyone finds the topic so offensive to be "riled up" over. Try to actually know what you're talking about before engaging on a topic, especially if you're going to try to feign some moralistic outrage over people calling out obvious bullshit peddled by an asshole. And if you can't see why NFTs and Troy is a problem with this, then I have no patience with you. I just explained it; if you still can't see the problem then that says volumes about you and your priorities.

 

[Lex]

Let's tone down the hostility there Mako pls. You might be right but there are better ways to drive the point home~~~

 

[Sutsivoiran]

I've been told NFTs harm the environment, but how do they actually do it? Is it something to do with the energy it takes to store them or something?

 

[ForceStealer]

As I understand it, yeah. It takes many powerful GPUs running round the clock to "mine," that is, calculate the unique identifier keys. At least that's how it works for Bitcoin and stuff and I think it's the same issue

 

[Sutsivoiran]

Okay thanks for clearing that up for me.

 

[Makoeyes987]

Let's tone down the hostility there Mako pls. You might be right but there are better ways to drive the point home~~~

My bad, sealions just really know how to grind my gears.

 

[ultima786]

As I understand it, yeah. It takes many powerful GPUs running round the clock to "mine," that is, calculate the unique identifier keys. At least that's how it works for Bitcoin and stuff and I think it's the same issue

Yes. It requires a lot of electricity to do these processes. A friend of mine does this. I don’t go near this stuff.

However, we have to be honest with ourselves: the environmental impact is fundamentally similar to many other tolls that modern tech has on the environment. And if environmental impact was the main argument against it, we better campaign as passionately against oil, cars, coal, etc.

 

[LNK]

And if environmental impact was the main argument against it, we better campaign as passionately against oil, cars, coal, etc.

While I'm against nfts because to me, they're no different from any random jpeg, there are lots of people who campaign as passionately against those things you listed. Also, cars a more of a necessity than nfts are. Equivocating the two doesn't really work

 

[ForceStealer]

I imagine what sticks particularly in people's craw is that the power is used for quite literally nothing. Even an equivalent number of GPUs all running the latest game across gamers' computers the world over is at least providing some entertainment and maybe artistic value.

I'm sure there are other wastes for similarly little gain, but people also dislike the people utilizing these things to begin with

 

[Makoeyes987]

However, we have to be honest with ourselves: the environmental impact is fundamentally similar to many other tolls that modern tech has on the environment. And if environmental impact was the main argument against it, we better campaign as pasionsately against oil, cars, coal, etc.

Nope! Not true

Because once again, those provide a tangible good or service. They're not just infinite blockchaining for a made up scarcity jpeg to try to enrich someone's crypto wallet.

 

[LNK]

They're not just infinite blockchaining for a made up scarcity jpeg to try to enrich someone's crypto wallet.

I have yet to wrap my head around even valuing these things as high value art. Forget getting into the blockchain aspect of it

 

[Rydeen]

I know some artists that are suddenly making bank off NFTs. I’m thinking pr0n may be involved..?

 

[Prism]

For whatever reason, I don’t think I’ve seen porn NFTs really take off, even though you think they’d would. Maybe I’m just not looking in the right places. I mean, I’m not looking for NFTs in general, but still…

NFTs are definitely some kind of sign of societal excess. We really gotta reel it in.

 

[Makoeyes987]

Because no one wants friggin' porn they don't own, can't use, and exists only to be sold to some greater fool, since it'd just be a speculative asset.

That's why. It's that simple. Porn is a consumptive with (erotic) value, meant to be enjoyed.

 

[looneymoon]

Typically after jerking off, one comes to their reasonable senses.

 

[LNK]

Wait, what? Selfie NFTs worth a million? Bahahahaha

https://www.yahoo.com/news/student-accidentally-became-millionaire-cult-151446719.html

 

[Makoeyes987]

Dunno if there are any fans of long-form video essays here, or anyone familiar with Dan Olson/Folding Ideas, but he did a massive yet amazing video on NFTs today. It's a fucking banger. A great example of something that's 2 hours long with something to say.

This is just an incredible deep dive into what NFTs are, their inherent problems, their speculative potential, what they represent, and how those advocating for the "blockchain" have an extremely bleak idea of the future when it comes to technology. I highly recommend it to get informed and understand why these venture capitalist crypto evangelists are trying to crowbar this speculative market into the culture. Because they are, and they will do anything they can to see this thing succeed.

 

[LNK]

Dunno if there are any fans of long-form video essays here, or anyone familiar with Dan Olson/Folding Ideas, but he did a massive yet amazing video on NFTs today. It's a fucking banger. A great example of something that's 2 hours long with something to say.

This is just an incredible deep dive into what NFTs are, their inherent problems, their speculative potential, what they represent, and how those advocating for the "blockchain" have an extremely bleak idea of the future when it comes to technology. I highly recommend it to get informed and understand why these venture capitalist crypto evangelists are trying to crowbar this speculative market into the culture. Because they are, and they will do anything they can to see this thing succeed.

Thanks! I'm at work, so I can't watch it yet, but I'll def check it out. When I see the prices some of these NFTs sell for, I just get a disgusted look on my face.

 

[Makoeyes987]

It's either wash trading to pump up value or some poor sap hoping to get in on the latest thing so that they can sell it off to some poor sap, thinking they're getting in on the latest thing.

That's the beauty of NFTs. They're speculative hot potatoes. And while those holding said hot potato will tell you they love the burning pain sizzling their palms, you sorta have to question their honesty since they profit on the act of tossing the potato onto another holder.

 

[LNK]

Yeah, no thank you. Haven't been a fan of NFTs from the beginning. Same as crypto