Throw Money At It

I’ll be watching Glass Onion, on account of I liked the first one in the series. Netflix blew $450 million on two installments of the Knives Out franchise, presumably because the initial film cost $40 million to make, and did over $300 million box office.

Good luck recouping your investment!

Netflix also shelled out $1 billion with a “B” for The Rings of Power, which is Tolkien content from his sparse writing about the Second Age. I can’t imagine how much The Silmarillion would set them back.

Anyway, as a true Tolkien nerd I’ll say it’s comically off. Not just “hey we’ll edit George RR Martin a bit and Game of Thrones will really zip!” but “we’ll compress centuries of characters into shit that never happened or makes sense and people that never interacted and throw Weta Digital and 20 VFX houses at it.”

Supposedly the Tolkien estate signed off on it but it’s hard to believe. Maybe as a non-Tolkien story it’s fine for some people, but I wouldn’t know as I already know who the major characters are and bring all that baggage to it.
[n.b. I realize you all hate Tolkien, but I love his prose and his attention to detail, layers, and backstory. The Elven languages were created because he felt that gave a “whole cloth” feeling to the stories. For me, it works. I appreciated LOTR more after reading The Silmarillion.]

Pitch Meeting, as always, succinctly captures whatever the hell is supposed to be happening.

The Chatbots Are Getting Better

As part of my ongoing obsession with becoming obsolete, I nervously note the progress of all the AI’s. OpenAI, one of the world’s more ambitious labs, unleashed the chatbot ChatGPT into the internets and told people to have at it, in part to help de-bug it. The above was one of the prompts and replies.

After the release of ChatGPT — which has been used by more than a million people — many experts believe these new chatbots are poised to reinvent or even replace internet search engines like Google and Bing.

They can serve up information in tight sentences, rather than long lists of blue links. They explain concepts in ways that people can understand. And they can deliver facts, while also generating business plans, term paper topics and other new ideas from scratch.

“You now have a computer that can answer any question in a way that makes sense to a human,” said Aaron Levie, chief executive of a Silicon Valley company, Box, and one of the many executives exploring the ways these chatbots will change the technological landscape. “It can extrapolate and take ideas from different contexts and merge them together.”

We’re just a couple of years past “Happy Batday, Birthman.” They’re coming for us. In fact, I’m now beginning to suspect that MakerBOT is an embedded chatbot making Makerbot-like posts and responses. He’s fine-tuning it here, so that it can take over his Work-From-Home job.

I’m onto you.

No Band, No Problem

When I was at college my band broke up and I started playing solo. I ended up coming by a loop pedal and loved the freedom it gave me. Over the year I’ve added more instruments and effects to my rig as I’ve needed them and my sound output has naturally grown with it. I make a lot of noise for one man.

Funke and the Two Tone Baby. Enjoy some stomp.

Oh No Crypto Bro

I’ve followed this story with some delight. Apparently Michael Lewis, who wrote The Big Short, has been trailing FTX guy Sam Bankman-Fried around, so we’ll certainly get a kick-ass film out of it someday. Among many, many remarkable facets to the tale is that the crypto market has supposedly lost $2 trillion of valuation this year… and Wall Street has barely flinched.
When Sequoia Capital – allegedly the most intelligent venture capital firm – invested $210 million in FTX last year, it asked to see financial reports and instead was told “we’ll send you a few bullet points.” It’s traditional when investing that much into a firm to have someone on the board, but Bankman-Fried wouldn’t let anyone on the board of directors, which was him, an attorney, and an FTX employee.
For a company “worth” $32 billion at one point.

Zero oversight! What could go wrong?

I’ve followed developing news with Patrick Redford of Defector, who is typically hilarious. But there are several excellent reporters and twitter feeds. Ed Zitron on Twitter is great.

Here, a professor of finance at King’s College splains it to us. He keeps showing photos of Phil Spector for Sam Bankman-Fried, so gotta respect his game:

It’s an exciting time to be in the crypto world.

Nice Gig