6 ms·
> one or two decades More like one or two years at this rate.
by alchemist1e9 4y ago
> one or two decades
More like one or two years at this rate.
- hammyhavoc 4y agoRemember the crypto hype cycle?
- alchemist1e9 4y agoAnd how is that going? Died down? It’s really amusing when I encounter tech savvy individuals who think crypto is hype, little do they realize it’s stronger than ever and central bankers are becoming increasingly concerned.
- deleted 4y ago[deleted]
- UncleEntity 4y agoConcerned the scams and fraud might bleed over into the real economy.
- alchemist1e9 4y agohttps://www.coindesk.com/policy/2023/03/24/federal-reserve-says-custodias-crypto-focused-business-model-is-inconsistent-with-approval/ https://www.coindesk.com/policy/2023/03/24/federal-reserve-s... I don’t think that’s what they are actually worried about. I would also like to point out that the biggest scams, FTX for example, are simply traditional Ponzi schemes with a crypto front, they have all been executed entirely using regular banking systems and due to the incompetence of those regulators. Bitcoin itself is rock solid and constantly gaining users and influence.
- hammyhavoc 4y agoI invoked the crypto hype cycle, not crypto itself. Don't conflate the two topics of discussion.
- alchemist1e9 4y agoUnderstood. However I’d still argue there is a reason for the hype and I believe that is the case with the GPT LLMs also.
- idopmstuff 4y agoExcept crypto lacked utility for most people, even early on. I've spent the last couple of days creating python scripts to automate parts of my business. I'm not a developer (though technical enough to help point GPT in the right direction sometimes when it's getting stuck on problems) and have written <100 lines of python in my life. I'm using image generation AI regularly to create images for my marketing emails, and when I've got writer's block it helps with the text too. Right now the iPhone 1 is a great analogy - it was cool but it was really subpar for using a lot of the internet, because it wasn't mobile optimized. GPT takes some coaxing to get it where you want, like you had to do a lot of pinching to zoom in on websites on your phone. In a few generations, this is going to be as seamless to use as the iPhone 5 was compared to the first gen.
- krainboltgreene 4y ago> Except crypto lacked utility for most people, even early on. Every crypto person said the opposite. They said exactly what ChatGPT-hype people are saying now.
- eli 4y agochatgpt has already provided more value to users than all crypto combined
- ChatGTP 4y agonot if you're a teenager who is into using banned substances on the weekend
- UncleEntity 4y agoWhen I was a teenager, back in the 80s, it didn’t take magic internet money to buy drugs. In fact, every drug buy I ever heard of (second hand, of course) involved fiat currencies.
- ChatGTP 4y agoYou are no longer a teenager in the 80s my friend.
- hammyhavoc 4y agoSource?
- dpkirchner 4y agoWhat sort of source are you looking for? What would satisfy your question?
- hammyhavoc 4y agoA source that quantifies value with cited examples and statistics. I ask because the crypto crowd argue there's utility and value there too.
- sillysaurusx 4y agoYet the decades will come. I think progress is sigmoidal rather than exponential, and it’s very hard to tell the difference in the early stages. But even sigmoidal progress with smartphones was enough to completely upend online society. We adapted, of course, but it looks nothing like it did in 2003. We’re all still using the internet; that’s basically it. Point is, it could slow down, assuming that AGI isn’t waiting like a cat in a corner. But it’ll still displace a tremendous amount of intellectual work.