In any scam, any con, any hustle, the big winners are the people who supply the scammers - not the scammers themselves. The kids selling dope on the corner are making less than minimum wage, while the respectable crime-bosses who own the labs clean up. Desperate “retail investors” who buy shitcoins from Superbowl ads get skinned, while the MBA bros who issue the coins make millions (in real dollars, not crypto).

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  • Cory Doctorow@mamot.frOP
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    10 months ago

    The scam economy runs on this kind of indirection, where scammees are turned into scammers, who flood useful and productive and nice spaces with useless dross that doesn’t even make them any money. Take the submission queue at @clarkesworld@mastodon.online, the great online #ScienceFiction magazine, which famously had to close after it was flooded with thousands of junk submission “written” by LLMs:

    https://www.npr.org/2023/02/24/1159286436/ai-chatbot-chatgpt-magazine-clarkesworld-artificial-intelligence

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    • Cory Doctorow@mamot.frOP
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      10 months ago

      There was a 0% chance that #NeilClarke would accidentally accept one of these submissions. They were uniformly terrible. The people submitting these “stories” weren’t frustrated sf writers who’d discovered a “#LifeHack” that let them turn out more brilliant prose at scale.

      They were scammers who’d been scammed into thinking that AIs were the key to a life of #PassiveIncome, a 4-Hour Work-Week powered by an AI-powered self-licking ice-cream cone:

      https://pod.link/1651876897/episode/995c8a778ede17d2d7cff393e5203157

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      • Cory Doctorow@mamot.frOP
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        10 months ago

        This is absolutely classic passive-income brainworms thinking. “I have a bot that can turn out plausible sentences. I will locate places where sentences can be exchanged for money, aim my bot at it, sit back, and count my winnings.” It’s #MBA logic on meth: find a thing people pay for, then, without bothering to understand why they pay for that thing, find a way to generate something like it at scale and bombard them with it.

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        • Andreas K@mastodon.social
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          10 months ago

          @pluralistic@mamot.fr
          Well, if your bombs are cheap enough to produce and deploy, why not, carpet bomb the internet with a billion of them, and if you get a dollar for only 1/100000th of them, that’s $10000 for you.

          And if manage to make the $1 to be recurring monthly, …

          That was always the economy of SPAM. The handful of idiots per million emails sent who bought penis enlargement products. So we ended up with SMTP being so ugly that half a dozen big silos provide 99+% of email today.

        • Cory Doctorow@mamot.frOP
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          10 months ago

          Con artists start by conning themselves, with the idea that “you can’t con an honest man.” But the factor that predicts whether someone is connable isn’t their honesty - it’s their desperation. The kid selling drugs on the corner, the mom desperately DMing her high-school friends to sell them leggings, the cousin who insists that you get in on their shitcoin - they’re all doing it because the system is rigged against them, and getting worse every day.

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