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Crypto was a solution looking for a problem for the most part, and the problem people tried to solve with it tended toward "get rich quick." This is why there a
by I_Am_Nous 3y ago
Crypto was a solution looking for a problem for the most part, and the problem people tried to solve with it tended toward "get rich quick." This is why there are so many scams, as you pointed out, and the volatility is great for some investors to get rich off the hodlers they hand their heavy bags to.
AI already has more legitimate use cases than crypto, and memes about shoving AI into everything aside, it has a much greater potential to disrupt in general as well as improve lives. One major difference is crypto is energy inefficient on purpose, while AI processing will happily accept and benefit from improved efficiency without suddenly suffering from a 51% attack.
The hype is real for AI but the difference is it didn't start by trying to convince people they could get rich using it like crypto did once the general population found out about it. The hype of crypto also required people to know how crypto works at a basic level before they can take part, while no special knowledge is required to tell an AI what you want to see and get it to spit out 8 different options to choose from. So from a user friendliness standpoint, AI has far less barriers for a person to get through before they can do stuff with it.