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The cryptocurrency boom wasnt a bubble for major media until after it popped. This headline may be the best indicator that there's actual fire under all the sm
by h2odragon 4y ago
The cryptocurrency boom wasnt a bubble for major media until after it popped.
This headline may be the best indicator that there's actual fire under all the smoke for AI.
- fullshark 4y agoIt's just one article by one writer about a few anecdotal examples of ChatGPT failures which highlight current limitations that anyone interested in the space should be aware of. It's useless noise and not an indicator of anything.
- roncesvalles 4y agoMany were saying crypto/blockchain/NFT (will refer to the cluster as "web3") was a bubble all along. Most notably, the Hacker News "hivemind" had a markedly anti-web3 lean for at least the last four years. It might've seemed like there were more positive voices for web3 because many people stood to gain monetarily from it. It was more "democratized" in that way. With AI, there is a bigger moat and it's unclear whether there's big money to be made by anyone other than those who already own the underlying tech or have tens of billions to catch up.
- paulgb 4y ago> It might've seemed like there were more positive voices for web3 because many people stood to gain monetarily from it. Yeah, I think people underestimate the prevalence of this effect. At one point I tried figure out the origins of a story (covered by MSNBC) that the web3 game Axie Infinity was lifting people out of poverty in the Philippines. Every story was sourced back to the same report by a related party of the game. (Axie ended up imploding catastrophically. I haven’t seen any stories about what happened to all the Filipinos dragged along into it)
- BaseballPhysics 4y ago> The cryptocurrency boom wasnt a bubble for major media until after it popped. You clearly weren't paying attention to the media over the past 5-10 years.