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Any new tech gets hyped to the moon because of theoretical use cases. The tech then comes up against genuine limitations and reality sets in. Work is done to
by fullshark 2y ago
Any new tech gets hyped to the moon because of theoretical use cases. The tech then comes up against genuine limitations and reality sets in. Work is done to get around the limitations, and useful products get built. However if you compare what got built to the theoretical products at the height of the hype cycle, you will find them wanting.
AI (as in GenAI) will be no different. I would not call that a bust.
- jsheard 2y agoWhich useful products ultimately came out of the Web3/Blockchain boom that preceded the AI boom?
- throwup238 2y agoOrdering drugs online.
- deleted 2y ago[deleted]
- golergka 2y agoDepends on where do you live and what access to mainstream banking you have. Nowadays about 95% of money I spend goes through crypto, and honestly, I don't want to go back.
- BriggyDwiggs42 2y agoWhat are your circumstances?
- fullshark 2y agoA financial system for illegal transactions.
- ZiiS 2y agoThey revolutionised money laundering.
- LarsDu88 2y agoDuring a time of conflict, Russian oligarchs were able to get their money where it was needed -- to their yachts and mistresses.
- tivert 2y ago> AI (as in GenAI) will be no different. I would not call that a bust. I would call it a bust, because the stocks prices followed the hype. The bust will be the fall from there.
- fullshark 2y agoWas the dotcom bubble burst in 2000 a bust? Or was everyone just too early and several individual investments were busts? I think it's the latter. They were absolutely right about the internet changing the world.