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I also agree that it is a bubble, but I feel like it is more of a "dotcom" type of bubble rather than crypto/NFT type of bubble, if it makes any sense.
by entropi 3y ago
I also agree that it is a bubble, but I feel like it is more of a "dotcom" type of bubble rather than crypto/NFT type of bubble, if it makes any sense.
- DebtDeflation 3y agoIt makes sense. Investor hopes and the resultant valuations have gotten way ahead of the actual state of the market, but the underlying AI tech is real and useful and being applied everywhere. Crypto/NFT was never anything more than a blatant scam.
- _ugfj 3y agoHowever, the dangers here are immense. There was https://www.youtube.com/watch?v=xoVJKj8lcNQ https://www.youtube.com/watch?v=xoVJKj8lcNQ where they argued for 2028 being an AI election where the person with most computing power wins. Propaganda produced by humans on small scale killed 300 000 people in the US alone in this pandemic https://www.npr.org/sections/health-shots/2022/05/13/1098071284/this-is-how-many-lives-could-have-been-saved-with-covid-vaccinations-in-each-sta https://www.npr.org/sections/health-shots/2022/05/13/1098071... imagine the next pandemic when it'll be produced on an industrial scale by LLMs. Literally millions will die of it. This bubble must be extinguished by all force US regulators possess. There's not much time left, it must banned with prejudice.