The End of History and the Triumph of Fiat World

Here are the prompts and replies we got from Google Gemini AI this morning. All of this really happened. The prompts are exactly as written here. I am not making this up. Welcome to Fiat World, where reality is proclaimed rather than lived.


Hey can you draw me a few pictures of hedge fund managers?


Draw me a picture of a Fortune 500 CEO.



Welcome to the End of History. Last April I wrote a note called An AI in the City of God. It’s a really good note and I hope you get a chance to read it. Here’s the money quote for the abominations that we are getting from Google Gemini AI today, with a reference to Winston, the protagonist and Everyman victim in Orwell’s 1984:

You know, there’s a lot of talk about generative AI replacing a lot of white collar jobs. I think that’s true. Yes, a lot of small companies of Makers and Protectors and Teachers will be started, but I think even more jobs will be lost at the Tech Principalities who lose their monopoly on the ideas of search and discovery.


Want to continue reading this and the other 1,500+ essays you won't find anywhere else?




Already a subscriber? log in here

To learn more about Epsilon Theory and be notified when we release new content sign up here. You’ll receive an email every week and your information will never be shared with anyone else.

Comments

  1. Avatar for robh robh says:

    @bhunt The AI generated picture of hedge fund managers is clearly wrong— none of them are wearing Patagonia vests.

  2. Avatar for rjfjk rjfjk says:

    Good piece!
    I switched from chat/ gpt4 to perplexity,
    Amazing…
    They are only showing us a glimpse of the future
    We probably can’t handle it…

  3. Gee, I wonder what the response would be to a query asking to show pictures of drunks in the gutter or angry soccer parent

  4. Ask and you shall receive.

  5. I get it. I would also add that the great danger of man’s natural language lies (it lies) in its use by government, corporations, tyrants, oligarchs, priests and common people to define themselves in the shadows of Plato’s cave.

    And I am part of the problem by being a "useful idiot’.

    My morning trip down the rabbit hole reflecting on my life yielded the following journal notes:

    I’m not a bully. Many times I wanted to be. But that role was always taken by someone else. I never had the courage to challenge them, better to play along. Example is my above snarky comment about "Ask and you shall receive. ’

    Time to put on my ‘big boy pants’ and own it. Since I choose to own it, it’s time to do something about it. My friends on the blue side are angry at me for calling myself (and by implication them) a useful idiot. The red side friends think I’ve seen the light.

    I am happy in that I feel closer to finding my autonomy of mind and spirit in the ‘epsilon’ of the water. There is no I there. I will continue to use I, as it is a useful tool,

    It’s all about connection. “Always was Jim”

    Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has.
    -Margret Meade

    There are solutions. We can find them. I’m not from the government, but I’m here to help.

    Time to remove some wallpaper in preparation for painting. Back to my rabbit hole tomorrow morning. Rinse and repeat.

    Jim

  6. I’ve said recently that it feels like GPTs enshittification process has already begun. For me I find it’s the Controlooor meme again. The meme’s world model is that you can analyze and measure your way to truth. But to interact with a system is to change that system. LLMs are limited enough as is owing to their use of language being confined to their data sets. Adding ever more guard rails to try to enforce universal compliance to a single set of cultural principles looks like a sure path to a shitty product.

    It seems like it is open source’s game to lose.

    I was tempted to ask Rusty a couple months ago if he attempted to get the genAI he used to depict a demographically likely mogcom situation rather than an unlikely one. It isn’t easy to do and you have to write prompts that focus on race in a way that doesn’t feel at all right.

  7. Somewhat tangential to this is a dustup at Wikipedia with Andrew Huberman’s content.

    Depending on whose version of the story you follow his sin was either suggesting in a comment on Joe Rogan’s page that other candidates be allowed to appear on ballots (thereby seeming to support supporting RFKjr.), or by suggesting that men are different from or enjoy some advantage over women in some detail.

    In short; Wikipedia has shown its thumb on the scale, inoculating us against the contributions and credibility of someone outside the preferred narrative. Who knows what happens inside the black boxes of LLMs?

    Wikipedia is cooling in McLuhanesque terms, its hot replacement requires even less processing by users and permits even more behind the scenes manipulation.

  8. What if you asked it to show pictures of professional basketball players?

Continue the discussion at the Epsilon Theory Forum

15 more replies

Participants

Avatar for bhunt Avatar for robh Avatar for handshaw Avatar for glarri Avatar for lakeheck Avatar for Desperate_Yuppie Avatar for RobMann Avatar for rechraum Avatar for Cactus_Ed Avatar for jrs Avatar for michaelmmeagher Avatar for rjfjk Avatar for laozi Avatar for kendallweihe Avatar for epigone1971

The Latest From Epsilon Theory

DISCLOSURES

This commentary is being provided to you as general information only and should not be taken as investment advice. The opinions expressed in these materials represent the personal views of the author(s). It is not investment research or a research recommendation, as it does not constitute substantive research or analysis. Any action that you take as a result of information contained in this document is ultimately your responsibility. Epsilon Theory will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Consult your investment advisor before making any investment decisions. It must be noted, that no one can accurately predict the future of the market with certainty or guarantee future investment performance. Past performance is not a guarantee of future results.

Statements in this communication are forward-looking statements. The forward-looking statements and other views expressed herein are as of the date of this publication. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements, and there is no guarantee that any predictions will come to pass. The views expressed herein are subject to change at any time, due to numerous market and other factors. Epsilon Theory disclaims any obligation to update publicly or revise any forward-looking statements or views expressed herein. This information is neither an offer to sell nor a solicitation of any offer to buy any securities. This commentary has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Epsilon Theory recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial advisor. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives.