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We are making steady and inexorable progress through the technology hype cycle. From earlier this year: https://emtemp.gcom.cloud/ngw/globalassets/en/articles

We are making steady and inexorable progress through the technology hype cycle. From earlier this year: https://emtemp.gcom.cloud/ngw/globalassets/en/articles/images/hype-cycle-for-emerging-tech-2022.png https://emtemp.gcom.cloud/ngw/globalassets/en/articles/image... Now we enter the Trough of Disillusionment. Given the general accuracy of this model/metaphor in the past, should we consider it to be any different this time around?

jmcphers 4y ago
The hype cycle is not applicable to every technology. Some, probably even most, technologies are eventually found to not be useful or valuable, and never recover once the hype bust happens and the technology is forced to compete in the marketplace based wholly on its merits.
- legutierr 4y ago
  Are you saying that crypto (or blockchain) cannot compete based wholly on its merits?
olalonde 4y ago
Because the "Trough of Disillusionment" has already happened 3-4 times...
efficax 4y ago
This graph is missing a key aspect: the "it utterly fails and we never speak of it again" section.
- legutierr 4y ago
  I imagine that would be your preferred outcome.
  - efficax 4y ago
    well i'd prefer if it had never gotten to where it is, because every crash in the crypto markets wipes out the savings of some sucker who didn't know better. that sucks.
canadianwriter 4y ago
As others have said: what about the stuff that never catches on? 3D TVs AR glasses Luggage that follows you around phones with projectors built in Segway etc