6 ms·

Huge crypto vibes Every single person I know working in AI these days ... has been sparked by the ChatGPT moment.

jutrewag 4y ago
Maybe in a certain sense. These are full fledged products from large companies at this point however with paying customers and real world daily usage in all aspects of life.
pgwhalen 4y ago
I'm curious why you draw the parallel - did crypto ever have a ChatGPT/iPhone moment? As an observant outsider, my impression is that every "moment" of note in crypto has been about some price going way up or way down - there has never been a "this is the use case" moment.
- PUSH_AX 4y ago
  You're forgetting the "free money" gold rush of late 00's, Just buy lots of computers and try not to cook yourself in your own room.
- __loam 4y ago
  Theoretically ethereum is that for crypto, if you believe the crypto bros.
  - pgwhalen 4y ago
    Ethereum is the tech though, not the use case. It's the touch screen, not the "audience gasps when Steve Jobs scrolls to the bottom of the list of artists" moment.
  - WalterSear 4y ago
    If Ethereum was that, we wouldn't still be waiting for real world use cases. GPT is already making me more productive.
- comeonbro 4y ago
  [flagged]
bestcoder69 4y ago
Popular things = crypto ? I’d say the differentiator is that in addition to hype scammers, you have people like Stephen Wolfram excited.
- wzdd 4y ago
  The absolutely-not-hype-susceptible man who has been claiming for the past 20 years to have produced a fundamental theory of everything based on his research into finite-state automata?
  - richardw 4y ago
    Sshh or he’ll release A New Kind Of AI. He’s supporting others’ work for now, let’s just be happy.
  - bestcoder69 4y ago
    Alright man if one guys obsession of his own work is hype, too, then hype now encompasses short-lived popular things as well as long-lived unpopular things, so in that case yes AI is hype and only hype, everything bad to you is hype and I’m hype too. I’ll continue to use AI where it’s helpful, at very low cost, and know deep down that it’s hype.
NikolaNovak 4y ago
I see what you mean; but as external observer to both, I see crypto as having failed to provide or prove any particularly productive use; and chatGPT, for all its flaws, has been useful to me daily for last 2 months - and not in some crazy make-money-in-suspicious-ways sense, but like learning french and python and figuring out new concepts and stuff. But that's sample n=1 I suppose, there are both people that believe in crypto and those who believe chatGPT is useless.
- rimliu 4y ago
  I wonder how much of usefulness of ChatGPT that some report is caused by https://en.wikipedia.org/wiki/Novelty_effect https://en.wikipedia.org/wiki/Novelty_effect Because it is new, and cool, and fascinating people are spending a bit more time with a bit more focus on the task with it compared to the old ways, hence the productivity increase. Once the novelty wears off…
  - hvs 4y ago
    It has helped me learn things more interactively because I can ask questions and get answers without having to read 10 blog posts or a book before understanding things. For my personality, it would be hard to recreate without having a living mentor available 24/7 that had knowledge of everything I wanted to ask of it. Does it get things wrong? Sure. But generally the subtle ways it might get stuff wrong would be the way I would subtly misunderstand things while learning. So, it's definitely not perfect, but "not letting perfect be the enemy of good" and all that.
    - __loam 4y ago
      It's shocking to me how many people are treating chatGPT as a reliable source given how much we know it hallucinates.
      - pixl97 4y ago
        Because very few people ever stop and take account of how monstrously unreliable people are. At the same time I can ask GPT to write a script, reflect on its output, and it takes about 95% of the work I need to do out of script writing.
bakugo 4y ago
Pretty much, you can take any article hyping up AI/ChatGPT/etc and replace those words with crypto stuff and it's virtually indistinguishable from the crypto spam of yesteryear. I wonder what the next "get rich quick" techbro fad will be.
- vinyl7 4y ago
  Replace crypto with cloud replace cloud with big data replace big data with web scale It's all just a hype and crash cycle
  - yawnxyz 4y ago
    I'd say more like plateau? Cloud is still around and going strong, just not sexy anymore. I use Vercel and Cloudflare and other stuff every day. No idea about big data or web scale though, was never successful enough to achieve "big data" or "web scale" haha.
  - pixl97 4y ago
    The cloud crashed? I'm sure AWS would like to know about that.
- sho_hn 4y ago
  Honestly, it's different. ChatGPT is a consumer product that is used by end-users, with low barrier to entry. The "Bitcoin as the new money for regular people" moment never came. With crypto, my 70+ Korean mother in law asked me how she could make money with it. With ChatGPT, she's using it daily.
pwinnski 4y ago
Alternatively, huge internet vibes. Not everything that catches fire is destined to leave nothing but ashes in its wake.
yawnxyz 4y ago
It's the inverse of crypto. Many of us have already learned stuff / achieved stuff / built stuff with the help of ChatGPT and the OpenAI API that would have taken us MONTHs to achieve. It's the inverse because crypto was tools and business models in search of a problem, while LLMs are problem solvers in search of a business model. Building LLM products is fun but... any day you could be wrecked by an OpenAI update.
jasmer 4y ago
Crypto had the disadvantage of being a natural conduit for MLM-ish pyramid schemes and a lot of nefarious activities. That gave it some wind, but it was bad wind. Notably, it turned out to be not very useful. AI will be useful, and it's just regular tech, so there's good reason to be optimistic this time.
- lamp987 4y ago
  If you think crypto is a natural conduit for scammers and frauds, then wait til you see what LLMs will cause in that area...
  - jasmer 4y ago
    It will be a tool for fraudsters, like computers or anything else are tools, but the space itself is not inherently oriented towards MLM.
- xyzzy4747 4y ago
  Just wait till crypto merges with language models and you have AI-powered botnets and DAOs with ransomware.

Maybe in a certain sense. These are full fledged products from large companies at this point however with paying customers and real world daily usage in all aspects of life.

pgwhalen 4y ago

I'm curious why you draw the parallel - did crypto ever have a ChatGPT/iPhone moment? As an observant outsider, my impression is that every "moment" of note in crypto has been about some price going way up or way down - there has never been a "this is the use case" moment.

PUSH_AX 4y ago
You're forgetting the "free money" gold rush of late 00's, Just buy lots of computers and try not to cook yourself in your own room.
__loam 4y ago
Theoretically ethereum is that for crypto, if you believe the crypto bros.
- pgwhalen 4y ago
  Ethereum is the tech though, not the use case. It's the touch screen, not the "audience gasps when Steve Jobs scrolls to the bottom of the list of artists" moment.
- WalterSear 4y ago
  If Ethereum was that, we wouldn't still be waiting for real world use cases. GPT is already making me more productive.
comeonbro 4y ago
[flagged]

bestcoder69 4y ago

Popular things = crypto ? I’d say the differentiator is that in addition to hype scammers, you have people like Stephen Wolfram excited.

wzdd 4y ago
The absolutely-not-hype-susceptible man who has been claiming for the past 20 years to have produced a fundamental theory of everything based on his research into finite-state automata?
- richardw 4y ago
  Sshh or he’ll release A New Kind Of AI. He’s supporting others’ work for now, let’s just be happy.
- bestcoder69 4y ago
  Alright man if one guys obsession of his own work is hype, too, then hype now encompasses short-lived popular things as well as long-lived unpopular things, so in that case yes AI is hype and only hype, everything bad to you is hype and I’m hype too. I’ll continue to use AI where it’s helpful, at very low cost, and know deep down that it’s hype.

NikolaNovak 4y ago

I see what you mean; but as external observer to both, I see crypto as having failed to provide or prove any particularly productive use; and chatGPT, for all its flaws, has been useful to me daily for last 2 months - and not in some crazy make-money-in-suspicious-ways sense, but like learning french and python and figuring out new concepts and stuff. But that's sample n=1 I suppose, there are both people that believe in crypto and those who believe chatGPT is useless.

rimliu 4y ago
I wonder how much of usefulness of ChatGPT that some report is caused by https://en.wikipedia.org/wiki/Novelty_effect https://en.wikipedia.org/wiki/Novelty_effect Because it is new, and cool, and fascinating people are spending a bit more time with a bit more focus on the task with it compared to the old ways, hence the productivity increase. Once the novelty wears off…
- hvs 4y ago
  It has helped me learn things more interactively because I can ask questions and get answers without having to read 10 blog posts or a book before understanding things. For my personality, it would be hard to recreate without having a living mentor available 24/7 that had knowledge of everything I wanted to ask of it. Does it get things wrong? Sure. But generally the subtle ways it might get stuff wrong would be the way I would subtly misunderstand things while learning. So, it's definitely not perfect, but "not letting perfect be the enemy of good" and all that.
  - __loam 4y ago
    It's shocking to me how many people are treating chatGPT as a reliable source given how much we know it hallucinates.
    - pixl97 4y ago
      Because very few people ever stop and take account of how monstrously unreliable people are. At the same time I can ask GPT to write a script, reflect on its output, and it takes about 95% of the work I need to do out of script writing.

bakugo 4y ago

Pretty much, you can take any article hyping up AI/ChatGPT/etc and replace those words with crypto stuff and it's virtually indistinguishable from the crypto spam of yesteryear. I wonder what the next "get rich quick" techbro fad will be.

vinyl7 4y ago
Replace crypto with cloud replace cloud with big data replace big data with web scale It's all just a hype and crash cycle
- yawnxyz 4y ago
  I'd say more like plateau? Cloud is still around and going strong, just not sexy anymore. I use Vercel and Cloudflare and other stuff every day. No idea about big data or web scale though, was never successful enough to achieve "big data" or "web scale" haha.
- pixl97 4y ago
  The cloud crashed? I'm sure AWS would like to know about that.
sho_hn 4y ago
Honestly, it's different. ChatGPT is a consumer product that is used by end-users, with low barrier to entry. The "Bitcoin as the new money for regular people" moment never came. With crypto, my 70+ Korean mother in law asked me how she could make money with it. With ChatGPT, she's using it daily.

pwinnski 4y ago

Alternatively, huge internet vibes. Not everything that catches fire is destined to leave nothing but ashes in its wake.

yawnxyz 4y ago

It's the inverse of crypto. Many of us have already learned stuff / achieved stuff / built stuff with the help of ChatGPT and the OpenAI API that would have taken us MONTHs to achieve. It's the inverse because crypto was tools and business models in search of a problem, while LLMs are problem solvers in search of a business model. Building LLM products is fun but... any day you could be wrecked by an OpenAI update.

jasmer 4y ago

Crypto had the disadvantage of being a natural conduit for MLM-ish pyramid schemes and a lot of nefarious activities. That gave it some wind, but it was bad wind. Notably, it turned out to be not very useful. AI will be useful, and it's just regular tech, so there's good reason to be optimistic this time.

lamp987 4y ago
If you think crypto is a natural conduit for scammers and frauds, then wait til you see what LLMs will cause in that area...
- jasmer 4y ago
  It will be a tool for fraudsters, like computers or anything else are tools, but the space itself is not inherently oriented towards MLM.
xyzzy4747 4y ago
Just wait till crypto merges with language models and you have AI-powered botnets and DAOs with ransomware.