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Wasn’t crypto supposed to have replaced fiat currency by now, or something?

bee_rider 1y ago
I never really get the cryptocurrency comparison. AI has an application beyond grift. Like, even if they stopped developing it now, an AI “style hints” in the style of spellcheck and grammar rule check would be a no-brainer as a thing to add to an office suite. The valuations are totally and completely nuts. But, LLMs have little legitimate applications in a way that cryptocurrencies never will.
- mbgerring 1y ago
  Lots of crypto boosters said that crypto had use cases beyond grift and that anyone who couldn’t see that was a moron.
  - nmfisher 1y ago
    Millions of people are using (and paying for) LLMs for their daily work. The number of people using crypto as an actual currency is a rounding error by comparison. There's definitely similarities when it comes to the wave of hype and greed behind them both, but the fundamentals really are completely different.
    - lucianbr 1y ago
      I work at a company with hundreds of thousands of employees, and they're mandating the use of AI, monitoring it, and pushing like crazy. Like their life depends on it. You get threatening emails if several days pass without you using AI. Now tell me again what the usage numbers mean in resepect to usefulness.
      - aksosoakbab 1y ago
        This is a huge red flag imo. Mandated usage and yet nothing to show for it. To top it off Sam Altman is a known dishonest actor (and has already shown his true colors at openai). AI is here to stay and has some truly cool uses. But there’s far too many snake oil salesman involved currently.
- mbgerring 1y ago
  Also I’m going to go ahead and say that “it’s slightly better than classical NLP for grammar check but requires 10,000x as much compute resources” is not an improvement
  - bee_rider 1y ago
    The models are already trained… is inference so costly? It’s just a dot product or a matvec or something, right?
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ivanjermakov 1y ago
Maybe not crypto, but LISP machine was gonna change the world for sure. https://en.m.wikipedia.org/wiki/Lisp_machine https://en.m.wikipedia.org/wiki/Lisp_machine https://en.m.wikipedia.org/wiki/AI_winter https://en.m.wikipedia.org/wiki/AI_winter

I never really get the cryptocurrency comparison. AI has an application beyond grift. Like, even if they stopped developing it now, an AI “style hints” in the style of spellcheck and grammar rule check would be a no-brainer as a thing to add to an office suite. The valuations are totally and completely nuts. But, LLMs have little legitimate applications in a way that cryptocurrencies never will.

mbgerring 1y ago
Lots of crypto boosters said that crypto had use cases beyond grift and that anyone who couldn’t see that was a moron.
- nmfisher 1y ago
  Millions of people are using (and paying for) LLMs for their daily work. The number of people using crypto as an actual currency is a rounding error by comparison. There's definitely similarities when it comes to the wave of hype and greed behind them both, but the fundamentals really are completely different.
  - lucianbr 1y ago
    I work at a company with hundreds of thousands of employees, and they're mandating the use of AI, monitoring it, and pushing like crazy. Like their life depends on it. You get threatening emails if several days pass without you using AI. Now tell me again what the usage numbers mean in resepect to usefulness.
    - aksosoakbab 1y ago
      This is a huge red flag imo. Mandated usage and yet nothing to show for it. To top it off Sam Altman is a known dishonest actor (and has already shown his true colors at openai). AI is here to stay and has some truly cool uses. But there’s far too many snake oil salesman involved currently.
mbgerring 1y ago
Also I’m going to go ahead and say that “it’s slightly better than classical NLP for grammar check but requires 10,000x as much compute resources” is not an improvement
- bee_rider 1y ago
  The models are already trained… is inference so costly? It’s just a dot product or a matvec or something, right?

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ivanjermakov 1y ago

Maybe not crypto, but LISP machine was gonna change the world for sure. https://en.m.wikipedia.org/wiki/Lisp_machine https://en.m.wikipedia.org/wiki/Lisp_machine https://en.m.wikipedia.org/wiki/AI_winter https://en.m.wikipedia.org/wiki/AI_winter