Re:Arm AGI CPU
by 0x3f on Tuesday March 24, 2026 @06:51PM
(#47510676)
> People will invest in things just based on a name
Right but it doesn't follow from this that those people were tricked in some way. They can be second- or third-order bettors. Even the most sophisticated quant shop in the world, the literal sharpest players in the market, can bet 'just based on a name' if it fits into some theory about market dynamics or whatever.
> The average person generally doesn't know a lot about anything other than the specific niche that they do for a living.
But so what, it doesn't follow that because they don't know about X they are willing to trivially gamble significant amounts of money on X without even the most basic of research. "I don't know much about this so won't place a bet I'm not willing to lose" is not something that requires any great intelligence.
Right but it doesn't follow from this that those people were tricked in some way. They can be second- or third-order bettors. Even the most sophisticated quant shop in the world, the literal sharpest players in the market, can bet 'just based on a name' if it fits into some theory about market dynamics or whatever.
> The average person generally doesn't know a lot about anything other than the specific niche that they do for a living.
But so what, it doesn't follow that because they don't know about X they are willing to trivially gamble significant amounts of money on X without even the most basic of research. "I don't know much about this so won't place a bet I'm not willing to lose" is not something that requires any great intelligence.