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Meta's Billions in Losses on AR/VR and AI
Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.
AI Blunder: Company Loses Premium Domain in Interview Fiasco
Been in this space a long time and just watched one of the dumbest self-inflicted losses I’ve seen in years. Was interviewing with a company (\~$300M+ revenue and 1 single owner..............). During research, noticed they didn’t own their exact-match domain-just a pile of second-tier alternatives. Found owner (no comment) Rare case: real info. Called the owner (older guy, not a flipper). Good conversation. He initially said it wasn’t for sale, but after talking, he opened up and said, “make me an offer.” Price? Completely reasonable for the asset. What do they do? They send a junior HR person asking me to hand over the contact info. No strategy. No discretion. No understanding of how these deals actually work. I declined and set up an anonymous contact to test them. They haven't yet, but I'm fully expecting a lawyer to. During an interview, it was the first question they asked. Not letting someone inexperienced spook the seller or turn it into a legal posturing situation over what is, frankly, a cheap acquisition for them. Interesting outcome. They'll never get the name now (no comment). They lost a premium domain because they treated it like a routine admin task (or worse.....c&d?) instead of what it is-a negotiation. Big takeaway (again, for the hundredth time): Most companies-even big ones-have zero idea how to acquire domains properly. And yeah, lesson on my end too: don’t offer to “help for free,” and don’t assume competence or ethics just because there’s revenue or a "good guy" founder. Curious how many of you have seen deals die like this for completely avoidable reasons.
2025: Social Media Scams Cost Consumers $2.1B, FTC Finds
The agency reports that losses from social media scams have increased eightfold and that social media scams resulted in higher losses than any other method scammers used to contact consumers.
AI's Personal Revolution: Threat to Big Tech's Dominance?
There are many people feeling anxious—rightly so—about their own future because of the impressive advances in AI. If we stop to think about it, five years ago this wasn’t a concern for almost anyone, whether individuals or companies. It was something that appeared “out of nowhere” and caused such a massive disruption that giants like Google and Microsoft had to rethink their strategies. OpenAI has existed since 2015, quietly working in an unusual direction compared to the rest of the industry, and when ChatGPT took off globally, the revolution gained real momentum. Today, there’s a lot of talk about the subsidized costs of AI and how this will be unsustainable in the long run—that the bubble will burst, and so on. And that’s where I disagree: to me, there are smaller projects happening around the world, focusing on things that the big players can’t currently afford to prioritize. One example would be optimizing models or personal hardware in such a way that you could run them on your own computer without needing million-dollar equipment. If a large company were to achieve this, I’d bet on Apple or Nvidia—that is, hardware-focused companies. Apple, in particular, seems very suspicious to me, since it hasn’t made major moves during the AI hype and has remained quite quiet on the subject. Just remember that computers existed long before they became PCs (personal computers). Many people didn’t believe that an average person would ever need a computer at home. And the revolution came when computers became personal and accessible products. To me, something similar could happen at some point—and it could cause significant losses for companies that are currently investing massive amounts of money in expanding data centers to process AI.
AI-Powered Free ESG Stock Screener with Transparent Methodology
A Free ESG Stock Screener with Transparent Methodology Investing with Environmental, Social, and Governance (ESG) criteria has become increasingly important for…
Free ESG Stock Screener with Transparent AI Methodology
Title: Revolutionize Your Sustainable Investing with Show HN: A Free ESG Stock Screener In an era where sustainability and ethical investing are more important …