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  3. Rockstar co-founder [Dan Houser] compares AI to 'mad cow disease,' and says the execs pushing it aren't 'fully-rounded humans'

Rockstar co-founder [Dan Houser] compares AI to 'mad cow disease,' and says the execs pushing it aren't 'fully-rounded humans'

Scheduled Pinned Locked Moved PC Gaming
pcgaming
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  • Øπ3ŕO Øπ3ŕ

    Might wanna tell your vibe coders their project is shite, bot.

    反いじめ戦隊A This user is from outside of this forum
    反いじめ戦隊A This user is from outside of this forum
    反いじめ戦隊
    wrote on last edited by
    #94

    If you mean Take-Two Interactive: 🤝

    If mean me, a renowned syndicalist, please, bury yourself alive.

    1 Reply Last reply
    0
    • D definitemaybe@lemmy.ca

      Yes, you can with derivatives: buy out-of-money puts.

      Derivatives are financial instruments that pay out based on market movements. A classic example is crops: using derivatives, farmers can, essentially, “lock in” the price they sell their goods at. This allows them more stability, since they know in advance how much they’ll be paid for their crops. (And they’ll separately buy crop Insurance to cover their risk for crops failing, most likely.)

      Puts are a derivative that is a contract for the right to sell an asset at a given price (the “strike price”) on a given date. Usually, these are closed out by paying the cash value at the end, not actually selling the stocks.

      Out of money means that the strike price is below the current market price. If they are still out of money at the end of the contract term, they are literally worthless. But, if the underlying asset (like NVidea stock) crashes, then you can earn the difference between the strike price and the market price.

      What makes this speculation* strategy effective is that the market usually prices in a low probability of a major price decrease, so they’re (relatively) cheap. They also have limited downside risk—at worst, you lose everything you spent buying them. For deeply out-of-money puts, you can make a lot of money with a huge crash, but most of the time you “just” lose all your money.

      This contrasts with short selling where you have unlimited downside risk. With short selling, you’re basically borrowing someone else’s share and immediately selling it at the current market price, then you need to buy it back from the market when you close out the position. So if you sold it for $100, and need to buy it back at $1000, you’re royally fucked. (You won’t be allowed to get that far, though; you need to keep assets in your account to cover the cost, so you’d be forced to continually “pony up” more cash as the price rises, until you can’t make a payment and you’re forced to close out the position, losing all your initial money and all the money you were forced to keep adding as it rose.)

      But good luck with that strategy; I imagine NVidea puts are pretty expensive right now since a lot of people are making this exact bet. As such, people issuing/selling puts are demanding a lot of money to pay for them taking on risk.

      * This is “speculation”, not “investment”. Investment requires, by definition, capital put towards productive assets—in other words, it needs to be expected to return an income stream of some kind, like interest, profits, or dividend payments. Speculation is betting on the direction of price movement on an asset—“gambling”, effectively, but with fancy investment words. Like in the farmer example above, they’re gambling that prices won’t go up, since they won’t gain any of the benefit from rising prices. That type of speculation reduces risk—unlike what you are asking about.

      There are other ways that derivatives can reduce risk, but that’s not what you were asking about here.

      D This user is from outside of this forum
      D This user is from outside of this forum
      don_alforno@feddit.org
      wrote on last edited by
      #95

      Puts are a derivative that is a contract for the right to buy an asset at a given price (the “strike price”) on a given Date.

      Puts are rights to sell, not to buy. And with that, the rest of your post actually makes sense (you want to sell above market price).

      D 1 Reply Last reply
      2
      • D don_alforno@feddit.org

        Puts are a derivative that is a contract for the right to buy an asset at a given price (the “strike price”) on a given Date.

        Puts are rights to sell, not to buy. And with that, the rest of your post actually makes sense (you want to sell above market price).

        D This user is from outside of this forum
        D This user is from outside of this forum
        definitemaybe@lemmy.ca
        wrote on last edited by
        #96

        Oh, shoot. That’s a silly mistake to make. lol.

        Fixed.

        1 Reply Last reply
        1
        • 反いじめ戦隊A 反いじめ戦隊

          I know nothing of the situation

          cilethesane@lemmy.caC This user is from outside of this forum
          cilethesane@lemmy.caC This user is from outside of this forum
          cilethesane@lemmy.ca
          wrote on last edited by
          #97

          Correct, and trying to get clarification as to what you claim the problem is is yielding no results, so I have to assume it’s non-existant.

          反いじめ戦隊A 1 Reply Last reply
          1
          • 反いじめ戦隊A 反いじめ戦隊

            Then say: “We are not completely aware if as a Creative Director he was involved in in the exploitation of the hired visa’d during his tenure, but fuck’em unions.”

            cilethesane@lemmy.caC This user is from outside of this forum
            cilethesane@lemmy.caC This user is from outside of this forum
            cilethesane@lemmy.ca
            wrote on last edited by
            #98

            but fuck’em unions.

            Are we still talking about the guy that stopped working for the company 5 years before the whole union busting thing happened?

            反いじめ戦隊A 1 Reply Last reply
            1
            • cilethesane@lemmy.caC cilethesane@lemmy.ca

              but fuck’em unions.

              Are we still talking about the guy that stopped working for the company 5 years before the whole union busting thing happened?

              反いじめ戦隊A This user is from outside of this forum
              反いじめ戦隊A This user is from outside of this forum
              反いじめ戦隊
              wrote on last edited by
              #99

              So at this point you are trying to digress the discord server is 5 years or younger.

              cilethesane@lemmy.caC 1 Reply Last reply
              0
              • cilethesane@lemmy.caC cilethesane@lemmy.ca

                Correct, and trying to get clarification as to what you claim the problem is is yielding no results, so I have to assume it’s non-existant.

                反いじめ戦隊A This user is from outside of this forum
                反いじめ戦隊A This user is from outside of this forum
                反いじめ戦隊
                wrote on last edited by
                #100

                Wait, are you not aware what fallacy you are committing?

                cilethesane@lemmy.caC 1 Reply Last reply
                0
                • T truscape@lemmy.blahaj.zone

                  Yep, someone already joked that they picked 4 digits for their username so they have a failsafe for getting banned 9,998 times. That was at 0004.

                  If you look at their chat history it really explains it all tbh. I wonder if we could get this instance to defederate their account haven.

                  H This user is from outside of this forum
                  H This user is from outside of this forum
                  hzl
                  wrote on last edited by
                  #101

                  If you switch to the piefed you can block their entire instance.

                  1 Reply Last reply
                  0
                  • 反いじめ戦隊A 反いじめ戦隊

                    they volunteered.

                    fired

                    We are done with this capitalist scumming.

                    B This user is from outside of this forum
                    B This user is from outside of this forum
                    boonhet@sopuli.xyz
                    wrote on last edited by
                    #102

                    But they were fired in 2025, we were talking about pre 2020 conditions. Who knows what their work was actually like? They do, we don’t.

                    反いじめ戦隊A 1 Reply Last reply
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                    • P Prove_your_argument

                      Imagine having hundreds of millions of dollars, having this amazing creative vision, seeing staff under you getting fired… and remaining without resigning, publicly speaking out against the actions, or doing absolutely anything for the people under you.

                      But hey, I understand you simply disagree and think they are awesome. That’s great.

                      B This user is from outside of this forum
                      B This user is from outside of this forum
                      boonhet@sopuli.xyz
                      wrote on last edited by
                      #103

                      I mean the guy in question quit 5 years BEFORE the staff was fired?

                      1 Reply Last reply
                      2
                      • B boonhet@sopuli.xyz

                        But they were fired in 2025, we were talking about pre 2020 conditions. Who knows what their work was actually like? They do, we don’t.

                        反いじめ戦隊A This user is from outside of this forum
                        反いじめ戦隊A This user is from outside of this forum
                        反いじめ戦隊
                        wrote on last edited by
                        #104

                        Let’s DEMAND Dan Houser answer us then!

                        In the meantime, all capitalists are bastards.

                        B 1 Reply Last reply
                        0
                        • 反いじめ戦隊A 反いじめ戦隊

                          Let’s DEMAND Dan Houser answer us then!

                          In the meantime, all capitalists are bastards.

                          B This user is from outside of this forum
                          B This user is from outside of this forum
                          boonhet@sopuli.xyz
                          wrote on last edited by
                          #105

                          He literally might not know, he was working on another continent lmao

                          Like I said, the only people who can tell you if they were forced to sign whatever employment contracts they signed or what those contracts entailed, are the people who were fired. I don’t think they’ll be speaking up about any of that, though, given that the union busting is an ongoing legal matter and there’s still a non-zero chance of getting their jobs reinstated.

                          1 Reply Last reply
                          2
                          • 反いじめ戦隊A 反いじめ戦隊

                            Wait, are you not aware what fallacy you are committing?

                            cilethesane@lemmy.caC This user is from outside of this forum
                            cilethesane@lemmy.caC This user is from outside of this forum
                            cilethesane@lemmy.ca
                            wrote on last edited by
                            #106

                            Strawman is arguing against a different argument than the one you are presenting.

                            I’m saying you’re not presenting an argument at all.

                            反いじめ戦隊A 1 Reply Last reply
                            1
                            • 反いじめ戦隊A 反いじめ戦隊

                              So at this point you are trying to digress the discord server is 5 years or younger.

                              cilethesane@lemmy.caC This user is from outside of this forum
                              cilethesane@lemmy.caC This user is from outside of this forum
                              cilethesane@lemmy.ca
                              wrote on last edited by
                              #107

                              When did the union busting happen?

                              反いじめ戦隊A 1 Reply Last reply
                              0
                              • explodicle@sh.itjust.worksE explodicle@sh.itjust.works

                                Stupid question: if you think it’s a good idea but don’t know when the price will go up, you just buy stock and wait. But if you think it’s a bad idea and don’t know when the price will go down, is there any long-term alternative to shorting that doesn’t require betting on the date?

                                B This user is from outside of this forum
                                B This user is from outside of this forum
                                bookmeat@lemmynsfw.com
                                wrote on last edited by
                                #108

                                Holding cash is a position. It also gives you the most flexibility, and low risk, but also low reward.

                                1 Reply Last reply
                                5
                                • cilethesane@lemmy.caC cilethesane@lemmy.ca

                                  Strawman is arguing against a different argument than the one you are presenting.

                                  I’m saying you’re not presenting an argument at all.

                                  反いじめ戦隊A This user is from outside of this forum
                                  反いじめ戦隊A This user is from outside of this forum
                                  反いじめ戦隊
                                  wrote on last edited by
                                  #109

                                  Cool. My argument is Dan Houser exploited employees when he worked at RGS.

                                  cilethesane@lemmy.caC 1 Reply Last reply
                                  0
                                  • cilethesane@lemmy.caC cilethesane@lemmy.ca

                                    When did the union busting happen?

                                    反いじめ戦隊A This user is from outside of this forum
                                    反いじめ戦隊A This user is from outside of this forum
                                    反いじめ戦隊
                                    wrote on last edited by
                                    #110

                                    When did the formation of an union discussion started?

                                    cilethesane@lemmy.caC 1 Reply Last reply
                                    0
                                    • alessandro@lemmy.caA alessandro@lemmy.ca
                                      This post did not contain any content.
                                      Link Preview Image
                                      Rockstar co-founder compares AI to 'mad cow disease,' and says the execs pushing it aren't 'fully-rounded humans'

                                      Dan Houser probably won't be asking ChatGPT for help with his next game.

                                      favicon

                                      PC Gamer (www.pcgamer.com)

                                      BeBopALouieB This user is from outside of this forum
                                      BeBopALouieB This user is from outside of this forum
                                      BeBopALouie
                                      wrote on last edited by
                                      #111

                                      Agreed. Moo.

                                      1 Reply Last reply
                                      5
                                      • 反いじめ戦隊A 反いじめ戦隊

                                        Cool. My argument is Dan Houser exploited employees when he worked at RGS.

                                        cilethesane@lemmy.caC This user is from outside of this forum
                                        cilethesane@lemmy.caC This user is from outside of this forum
                                        cilethesane@lemmy.ca
                                        wrote on last edited by cilethesane@lemmy.ca
                                        #112
                                        1. That’s a statement, not an argument. If you’re going to start citing fallacies then I’m going to start expecting properly formed arguments.

                                        2. That statement seems to be based exclusively on him being a union buster, despite the union busting happening 5 years after he left.

                                        反いじめ戦隊A 1 Reply Last reply
                                        1
                                        • 反いじめ戦隊A 反いじめ戦隊

                                          When did the formation of an union discussion started?

                                          cilethesane@lemmy.caC This user is from outside of this forum
                                          cilethesane@lemmy.caC This user is from outside of this forum
                                          cilethesane@lemmy.ca
                                          wrote on last edited by
                                          #113

                                          I don’t know, when?

                                          反いじめ戦隊A 1 Reply Last reply
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