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The difference between crypto and AI seem significant to me. In crypto's case, the investor is the user, it seems very recruitment driven. Reduce the friction t
by sbinthree 8y ago
The difference between crypto and AI seem significant to me. In crypto's case, the investor is the user, it seems very recruitment driven. Reduce the friction to engaging with the market, increase the pool, the market cap goes up by default. That is kind of a weird thing to invest in but I digress.
AI on the other hand seems far more accreditive. Better AI makes certain things way better permanently (going from not knowing to knowing is a big step). So I could see how dumping money into it despite risking failure could still raise the boat of humanity, and represent accreditive gains for the investor. Crypto is almost the opposite of that.