3 ms·
Common, VR, NFTs and blockchain were always abysses of void looking for a usecase. Driving cars maybe, but development has been stalling for 15 years.
by eastbound 2y ago
Common, VR, NFTs and blockchain were always abysses of void looking for a usecase. Driving cars maybe, but development has been stalling for 15 years.
- manquer 2y agoNot to their proponents particularly at the time. For the rest of us in HN it was easier to judge on much mileage will get, but a long time in each cycle we were in the minority, just like the AI skeptics including me and many here are today on how much we will value get. Don’t get are wrong, AI is more real and more useful than the things before it, but everything is on a spectrum of success - some more and some less, but none of it has been or will be world changing or truly global. The true breakthroughs rarely get public or even tech community attention until late in the cycle although their progress is public and can be tracked, like with EUV or mRNA or GLP-1 etc . Others which are incremental changes like 5G or cheaper smartphones do not get as much attention as their impact should warrant especially compared to the fads Hype cycles don’t correlate well with real tech cycles
- ben_w 2y agoI'd say VR is just another form factor for games rather than being a void looking for a use-case, but I agree about NFTs and cryptocurrency*. * technically not all blockchains because git and BitTorrent are both also hash trees and therefore non-currency block-chains, but definitely the cryptocurrency uses of them.
- manquer 2y agoThe point is not that they are snakeoil and have zero value . Every one of these things have some value in some area of applications. However the hype cycle just as now in AI claimed it will change everything, not hey here is interesting new thing and it is going be used in select applications . Nobody is investing billions and billions on that pitch