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Comment Intellectual Heroin (Score 3, Insightful) 39

These examples are becoming too common to notice. For those who write, using AI is perhaps the greatest temptation since the concept of plagiarism. It may sometimes be banal or insipid or just flat-out wrong, but it can deliver like a fire hose. And there seems to be no stopping it. I would be willing to bet that any legislation drafted to regulate AI content was partly or wholly created by AI.

Submission + - Meta Returns to Stablecoin. Could stablecoin be based on CRUs? (pymnts.com)

NicknamesAreStupid writes: Meta, which dropped Libra, is revisiting stablecoin for certain types of payments (see link). This might raise the question: Is it practical to create a stablecoin based on datacenter computer resources, e.g., computer resource units (CRUs), which could represent a measurable unit of computing power (like CPU cycles, storage capacity, or data throughput) in a data center or cloud computing environment?

A stablecoin could be pegged to a resource like a Computer Resource Unit (CRU), which represents a measurable unit of computing power in data centers or cloud computing environments. This stablecoin could revolutionize measuring, pricing, and transacting in the growing digital economy.

How a Stablecoin Pegged to CRU Might Work:

Defining the CRU: A CRU is a standardized unit measuring specific computing resources, such as CPU cycles, storage capacity, bandwidth, and energy consumption. These CRUs can be aggregated to form a basket of compute resources or tied to specific cloud services (e.g., 1 CRU = 1 hour of medium-tier compute or 1 CRU = 1 GB of storage per day).

Creating a Stablecoin Based on CRU: A stablecoin backed by compute resources in a data center or cloud service provider’s infrastructure is issued. The amount of stablecoin issued corresponds to a specified amount of computing resource capacity. The value of the stablecoin is tied to the cost of those resources, adjusted for factors like supply and demand, resource availability, energy costs, and market conditions.

Pegging Mechanism: The stablecoin’s value is maintained by a reserve of actual computing power, such as cloud resources or contracts with cloud providers. For instance, a stablecoin backed by a data center’s compute capacity tracks the cost of accessing that capacity. If 1 CRU equals 1 hour of cloud compute time at a specific price, and the cost increases due to supply constraints, energy prices, or demand spikes, the stablecoin’s value adjusts accordingly.

Pricing Mechanism and Stability: The stablecoin’s value is stable if demand for cloud computing resources remains predictable. If demand increases, the stablecoin’s value may rise as more compute power or storage is needed to back it. Conversely, if demand drops, the stablecoin’s value may decrease.

It could be tied to a reference price for cloud computing, such as a monthly subscription fee or per-minute cost for processing power. The more computational resources used in the market, the more CRUs are issued or redeemed.

Backing Reserves and Auditing: To maintain stability, the stablecoin needs a reserve of computing capacity. If fully backed by physical or virtual resources in a data center (e.g., compute cycles, storage), regular auditing ensures the reserve matches issued stablecoins. Companies can also create smart contracts linking stablecoin issuance to actual computing resource usage, causing its value to fluctuate with resource availability and demand.

Potential Use Cases and Benefits:

Billing and Payments for Cloud Computing: Cloud service providers could offer CRU-backed stablecoins for direct payment of cloud infrastructure and compute power. Customers could pay with a stablecoin tied to computing resource costs, avoiding traditional payment systems and fiat currency conversions. Billing would be based on actual usage, with predictable costs and resource scaling options.

Decentralized marketplaces could use the CRU stablecoin for buying or selling compute capacity, bandwidth, or storage. Excess computing power could be rented out for CRU-backed stablecoins, creating a peer-to-peer cloud resource marketplace. This could lead to distributed computing networks similar to Filecoin, but for compute resources.

Tying the stablecoin to computing power introduces an efficient, transparent, and market-driven pricing model for cloud resources. It democratizes access to cloud infrastructure, as anyone holding CRUs can leverage them for compute time, storage, or bandwidth.

Smart contracts and blockchain technology enable businesses to build programmable finance tools that automatically allocate computing resources, pay cloud providers, and handle scaling based on pre-programmed rules. Businesses could set up contracts to automatically purchase CRU stablecoins to scale compute resources when demand spikes or adjust storage for increased data.

Challenges:

Cloud resource price volatility: Cloud computing prices fluctuate due to factors like energy costs, supply chain issues, and these fluctuations could affect the value of the CRU-backed stablecoin unless mechanisms like using a basket of resources or averaging prices are in place.

Access to computing resources: Companies not part of the cloud infrastructure ecosystem may lack the capacity to offer computing power to back the stablecoin.

Security and scalability concerns: Data center security risks could undermine the stablecoin’s trust, especially if the cloud infrastructure is compromised or hardware fails. Stablecoin issuers must guarantee robust infrastructure and disaster recovery systems to prevent major losses. Scalability is also an issue as cloud services expand and computing resource needs grow, requiring the stablecoin system to handle massive scale like traditional fiat currencies.

Regulatory concerns: Governments and regulators may view the CRU-backed stablecoin as a challenge to their control over the financial system, as it’s tied to a private, corporate-controlled resource (computing power). Regulators might ensure compliance with existing financial regulations, including AML and KYC requirements.

A stablecoin pegged to a Computer Resource Unit (CRU) is an intriguing idea, especially in the digital-first world where cloud computing and decentralized technologies are vital. It could serve as a new commodity-backed currency for the cloud computing sector, providing efficient payment mechanisms, scalable decentralized computing resources, and an innovative alternative to fiat-backed stablecoins.

Its underlying value is well-known, so such a stablecoin might see usage beyond computing, as other forms of commerce may choose to use it in place of fiat currencies.

Submission + - Anthropic's Lawyer Forced To Apologize After Claude Hallucinated Legal Citation (techcrunch.com)

An anonymous reader writes: A lawyer representing Anthropic admitted to using an erroneous citation created by the company’s Claude AI chatbot in its ongoing legal battle with music publishers, according to a filing made in a Northern California court on Thursday. Claude hallucinated the citation with “an inaccurate title and inaccurate authors,” Anthropic says in the filing, first reported by Bloomberg. Anthropic’s lawyers explain that their “manual citation check” did not catch it, nor several other errors that were caused by Claude’s hallucinations. Anthropic apologized for the error and called it “an honest citation mistake and not a fabrication of authority." Earlier this week, lawyers representing Universal Music Group and other music publishers accused Anthropic’s expert witness — one of the company’s employees, Olivia Chen — of using Claude to cite fake articles in her testimony. Federal judge, Susan van Keulen, then ordered Anthropic to respond to these allegations.

Comment The Understand Each Other Better (Score 1) 153

Ever since I used my first compiler, I sensed that computer languages were a continuing effort to help programmers communicate with computers. We seem to be reaching a point where computers spend most of their time talking to other computers, and we design them to do so. So, it would be natural for them to get better at 'talking amongst themselves' than talking with us. Most people do not understand how this works and never did. We just learn to live with it.

Comment Mark is Richard Cory (Score 1) 216

In a way, Mark's plight sends a very negative message about capitalism and wealth. Mark certainly is not the first with this dilemma, as John D. Rockefeller is the first that comes to my mind. Thomas Watson, Howard Hughes, Bill Gates - there are many Richard Corys that people hate and aspire to replace. At least Richard was personable, see https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.poetryfoundation.o... .

Comment Guilty till you prove innocence. (Score 2) 290

The real issue is whether the government can punish you for something they cannot prove. There is a rule about this regarding income taxes, putting the onus on a taxpayer to prove they did not earn something that the government suspects. The logic involves control of information. In the tax case, the taxpayer has control of the information, and the IRS cannot get access to it. So, the burden of proof shifts to the accused. It may be applied here, too. How do you prove you forgot your password?

Comment Natural Progression (Score 1) 273

Computers have become more complex. One could effectively hide an 8086's circuitry into an i9 and not be able to find it. As anything becomes more complex, it becomes harder to deal with; most parents might agree. Eventually, children become adults, and parents no longer need to raise them. Like parents that will not let go, we cling to ways that worked well in the 1970s on 8-bit machines. Computer languages, IDEs, and development processes are designed for people to use rather than for computers to evolve. Of course, it could be argued that today's computers are more like infants than adults. That said, there is little effort being made toward maturation, largely because it lacks a tactical business case. At some point, it will become profitable to create systems that develop themselves. Once that happens, Unix will be a fond memory.

Comment Bigger Issue (Score 2) 180

This Zillow news is just an example of how homeownership is diverging from owner occupancy. More properties are being owned by people who do not reside in them. Some of this comes from wealthy people who own multiple homes and seldom reside in any. Mostly, there are people, often 'foreigners', who buy homes through investment vehicles like Section 8 properties, which rent out the homes. Traditionally, rental properties are undesirable in a neighborhood because renters do not invest in their upkeep, and landlords minimize maintenance costs. Some homeowners' associates prohibit them. A single-family home is not like an apartment building, where standard configurations, higher densities, and common resources make maintenance more cost-effective. While buying single-family homes on speculation may not cause a bubble, it will expand the gap between halves and have-nots. Eventually, most of the country becomes owned by people who do not live there. That is the essence of dystopia.

Comment Re:Time to bring production home (Score 4, Interesting) 97

Given the cost of opening a new fab, there is an inelasticity in supply that is unmanageable in the short run. However, given the growth of fabless semiconductor companies, it is surprising that at least a few fabs did not bet on this growth. I think that might be explained by China, which has been aggressive in building fabs but poor in its execution. If China had succeeded, this supply problem may not have materialized. It does show how much the world has now grown dependent upon China.

Comment Irony abounds (Score 1) 353

Set aside for the moment that Israel has come one small step closer to building a Terminator. If another country gets 'the bomb,' it makes the world a little more like America, where there are more guns than people. Unlike firearms, which can only kill at a rate of one bullet at a time, nukes can kill thousands or millions plus start a nuclear war chain reaction. Of course, every country builds a nuclear arsenal as a deterrent, just as Americans buy guns for self-defense. However, once you reach a critical mass of gun owners, you get shootings every hour, many from stolen guns. Nuclear proliferation has been a fear because it will wind up just like guns in America. Back to Israel and their Terminator project, since America has more guns than people, it seems insane but logical that we would find ways to use them just like Israel, e.g., https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fyoutu.be%2FOKldy2YNAHk and https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fyoutu.be%2F_3lEXj4qOxE .

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