Both ideologies promise to replace social systems built around trusting people with technical systems run by machines, and in doing so they reduce people to the

Both ideologies promise to replace social systems built around trusting people with technical systems run by machines, and in doing so they reduce people to the moral worthlessness of machines. No need to trust your shopkeeper to be honest or build a relationship with your contractor, the Blockchain/LLM will handle that interaction for you! Cry some more, artist, GenAI is inevitable so you're out of a job! Naturally, the individuals which are attracted to such an idea tend to… not be the most… prosocial or empathetic bunch. And some fraction of those take that to the degree of engaging in actively predatory and abusive behaviors in order to amass their own wealth. The hype cycle, and other prevailing economic conditions, are definitely a part of it too. But frankly, you don't see quite so many scams with other widely hyped technologies.