• hayvan@piefed.world
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      4 months ago

      It’s not a local joke, I wish it was a joke, it’s a nugget of wisdom in tech world: when there is rush for gold, sell shovels.

      The biggest example today is proliferation of LLM services. There are some uses, some success stories, but a lot of companies are selling services, use my tools bro, you’ll save so much money bro, you’ll vibe-code the next Uber bro…

      A few years ago it was blockchains and NFTs. There is no proven use case but so many startups selling crypto wallets and NFT services to “help customers”.

      San Francisco is still relevant I guess, for being home to Silicon Valley and tons of tech companies.

    • Blackout@fedia.io
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      4 months ago

      It’s a metaphor on the current ai industry which is centered in silicon valley.