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- Embed this notice@lain @sun a perennial problem for smart skeptical people is that snake oil salesmen and lying grifters are not exclusively features of fake innovation, but will also show up to exploit real innovation. I dismissed bitcoin for a long time because the community consisted entirely of deranged economically retarded speculators who would say things like "bitcoin's value is backed by the electricity consumed in mining it!" AI-assisted programming is being sold as a replacement for programmers in a beat-for-beat repeat of COBOL finally replacing programmers with secretaries because code could finally be in readable English instead of cryptic symbols. Of course it'll get dismissed when the hype's like that.