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I have companies in Blockchain, and in AI, and in Cybersecurity and can say that it is not the same. Blockchain never delivered for most people. For example, bl

by wslh 2y ago

I have companies in Blockchain, and in AI, and in Cybersecurity and can say that it is not the same. Blockchain never delivered for most people. For example, blockchain promised banks for the unbanked and the unbanked now use PSPs with mobile phone apps but not crypto. AI is delivering... I wonder why I need to explain this. In the dot com era there were a lot of hype about Internet... few consumers, then... kids don't know what Internet is while using mobile phone apps.

rsynnott 2y ago
Delivering _what_, though? What concrete mass-market applications which either can pay for themselves or conceivably could pay for themselves are there, in production, today? Or are we still in 'jam tomorrow' mode?
- wslh 2y ago
  Could you expand your question since I mentioned several industries/sectors there?
  - helf 2y ago
    It's a pretty simple question. Delivering what in what industries? I see SOME usefulness in SOME areas like, specifically, machine vision. But a lot of things? Medical? yeah, no. Lots of issues there. Text generation? Hallucinations out the ass and extremely iffy results often. Most of the 'wins' in the text gen side still require a TON of work on the human's part to make it usable. People like to mention Pro's in Math and coding talking about it helping them with stuff but they are experts already. It has potential in a lot of places but this rapid paced forcing of it everywhere is idiotic and foolhardy.
talldayo 2y ago
> AI is delivering... I wonder why I need to explain this. ...because clearly the community is unconvinced that AI is actually delivering, and the majority of examples seem to be barely-successful experiments promising improvement at some later point down the road? Again, we've heard this entire shtick before. Miracle technology gets announced by some egghead teenager, and they write up a Whitepaper that is entirely ignored except for it's "Future Applications" section towards the end. Then the VCs and "thoughtful types" (I use that phrase lightly) harass them into making a business out of it. From then on the playbook is consistently the same; lie. Lie about how many people use your platform, lie about how easy it is to use, lie about how much better it is than the status-quo. They even deny the need to explain themselves when threatened, trying to insist their worth is self-evident and that we're the problem for not understanding their deflective mumbo-jumbo. Vitalik Buterin, Craig Wright, Sam Bankman-Fried, Sam Altman, they're all re-runs of the same hope-fueled moonshot that invariably ends in a violent fireball. Yes, you have to go the extra mile when convincing people that you have a logically-held position instead of a lie you are telling to inflate asset prices.

by wslh 2y ago

rsynnott 2y ago

Delivering _what_, though? What concrete mass-market applications which either can pay for themselves or conceivably could pay for themselves are there, in production, today? Or are we still in 'jam tomorrow' mode?

wslh 2y ago
Could you expand your question since I mentioned several industries/sectors there?
- helf 2y ago
  It's a pretty simple question. Delivering what in what industries? I see SOME usefulness in SOME areas like, specifically, machine vision. But a lot of things? Medical? yeah, no. Lots of issues there. Text generation? Hallucinations out the ass and extremely iffy results often. Most of the 'wins' in the text gen side still require a TON of work on the human's part to make it usable. People like to mention Pro's in Math and coding talking about it helping them with stuff but they are experts already. It has potential in a lot of places but this rapid paced forcing of it everywhere is idiotic and foolhardy.

talldayo 2y ago

> AI is delivering... I wonder why I need to explain this. ...because clearly the community is unconvinced that AI is actually delivering, and the majority of examples seem to be barely-successful experiments promising improvement at some later point down the road? Again, we've heard this entire shtick before. Miracle technology gets announced by some egghead teenager, and they write up a Whitepaper that is entirely ignored except for it's "Future Applications" section towards the end. Then the VCs and "thoughtful types" (I use that phrase lightly) harass them into making a business out of it. From then on the playbook is consistently the same; lie. Lie about how many people use your platform, lie about how easy it is to use, lie about how much better it is than the status-quo. They even deny the need to explain themselves when threatened, trying to insist their worth is self-evident and that we're the problem for not understanding their deflective mumbo-jumbo. Vitalik Buterin, Craig Wright, Sam Bankman-Fried, Sam Altman, they're all re-runs of the same hope-fueled moonshot that invariably ends in a violent fireball. Yes, you have to go the extra mile when convincing people that you have a logically-held position instead of a lie you are telling to inflate asset prices.