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Crypto grifters are recruiting open-source AI developers

4 months ago
  • #AI
  • #cryptocurrency
  • #open-source
  • Geoff Huntley’s 'Ralph Wiggum loop' and Steve Yegge’s 'Gas Town' are recent AI developments.
  • $RALPH and $GAS are cryptocurrency coins created on Solana and Bags, unrelated to the AI projects.
  • Crypto traders airdropped coins to Yegge and Huntley, framing them as support for their open-source work.
  • Bags allows creating coins that pay fees to a Twitter account, enticing celebrities with free money.
  • Open-source AI developers are targeted due to their influence and the technical nature of their audience.
  • The scheme is seen as predatory, benefiting insiders while misleading investors and developers.
  • Bags promotes the idea of community support, masking the pump-and-dump nature of the coins.