3 ms·
Eh, anything AI is clearly in a massive bubble.
by delfinom 2y ago
Eh, anything AI is clearly in a massive bubble.
- Sammi 2y agoThe real world actual usage of neural network software is increasing. People are finding uses for it. They are replacing or augmenting search and lookup. Translation, proof reading, and copy writing is actually useful. AI assisted coding is exploding and people are paying for it. People are using it for design and product prototyping. They are amazing at data analysis, which is very useful for enterprise and finance (lots of money here). It's used for medicine research and drug discovery. It's used for legal document analysis. So much actual real world value here. So much gdp impact possible. Most cryptocurrencies are just straight up scams. Some people are getting some usage of Bitcoin as a store of value and for cross border transactions. This is increasing slowly. Stablecoins also have some usage for store of value and cross border transaction. They are also used for trading and arbitrage, which you can argue about whether that brings value to the world. The rest of the crypto market is struggling to find an enduring use cage. I'm saying this as someone who is marveling about Ethereum and Solana, but I don't value trading immaterial NFTs. Ethereum and the like are struggling to do anything that reaches into the real world. None of the cryptocurrencies outside the top 10 have found any real world use case that people care about. So AI != crypto