The California gold rush. This was an actual, legit thing where there were more people trying to score bigtime selling supplies to prospectors and miners than there were prospectors and miners trying to score bigtime with striking gold.
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.
The California gold rush. This was an actual, legit thing where there were more people trying to score bigtime selling supplies to prospectors and miners than there were prospectors and miners trying to score bigtime with striking gold.
That was 200 years ago, though… Is it still some viral local joke?
It’s a metaphor being applied to AI companies. A major one in SF has ads literally saying “stop hiring humans.”
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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.
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It’s an astute observation. I don’t watch TV except for the playoffs and they have zero ads for AI, just for AI integration services.
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penis fencing
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quadruple elimination if you count the judge and viewer
It’s a metaphor on the current ai industry which is centered in silicon valley.
Including the headline of this post, you can’t manage to figure out the context?