@oragnes: Wow! Silicon Valley titan Peter Thiel reveals the terrifying moment PayPal was on the brink of bankruptcy. In the early days, PayPal faced a severe fraud crisis, funds were being looted wildly, and the anti-fraud chief cried himself to sleep every night out of despair. With only twenty investigators facing millions of transactions, it was like looking for a needle in a haystack. To survive…

Holy crap! Silicon Valley titan Peter Thiel revealed the terrifying moment when PayPal was on the brink of bankruptcy. In its early days, PayPal faced an extremely severe fraud crisis, with funds being massively siphoned off. The head of anti-fraud would cry himself to sleep every night out of despair. With only twenty investigators dealing with millions of transactions, it was like finding a needle in a haystack.

To survive, the company brought in a group of top mathematicians and computer scientists, attempting to develop an AGI system to catch all the bad actors. But they quickly faced a brutal reality: AGI would take at least another ten to thirty years to achieve, while PayPal would burn through its cash and completely collapse within twelve months.

Facing life or death, pure manual investigation or pure computer automation were both dead ends. The solution that ultimately saved the entire company was figuring out the perfect division of labor between humans and machines. Let computers filter through massive transaction data at scale, then pass suspicious targets to humans for complex qualitative investigation.

This hybrid model unleashed immense power. Thiel clearly stated that even today, this collaborative paradigm—letting machines leverage their computational advantages and humans their cognitive strengths—is still severely underestimated by the entire AI research community! In the face of the AI wave, nailing down the human-machine division of labor is the core key to wealth!

Bitcoin Orange Trader (@oragnes): Explosive! Jensen Huang slams CEOs: using AI as an excuse for layoffs is just pure laziness!

In his latest interview, Jensen Huang openly fired back, strongly condemning many executives who blame AI for layoffs, calling such behavior extremely lazy.