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Blockchain has a real use, in that people use it and it lets people do things they could do before. Blockchain has an expectation problem, its most breathless p
by EthanHeilman 6y ago
Blockchain has a real use, in that people use it and it lets people do things they could do before. Blockchain has an expectation problem, its most breathless promoters promised things that no technology can deliver and then when it fails to deliver on those very high expectations it creates the impression that Blockchain failed. Blockchain, for instance, can't fix journalism, but it shouldn't be expected to, anymore than the internet or databases could be expected to "fix journalism".
- astrophysician 6y agoYou could say the exact same thing about AI: people who don’t really understand it can dominate a given “AI” culture at a given company, and then others come away with the wrong impression of what it is and what it can and can’t do. To say AI is a grift is a bit silly, but at the same time it’s quite understandable that a lot of people would have this opinion.