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The media always says AI is the biggest technological change of our lifetime.. I think it was the internet actually.
by toephu2 1y ago
The media always says AI is the biggest technological change of our lifetime.. I think it was the internet actually.
- postalrat 1y agoI believe it's the biggest change since the Internet but what will be bigger will probably remain subjective.
- platevoltage 1y agoI’d say that the social media revolution had a bigger effect than AI has at this point.
- Imustaskforhelp 1y agoThat is a genuinely fair take. I agree Social media was a quality of life upgrade where it wasn't promising too much, and it delivered on what it promised. (maybe a little too much) AI on the other hand just like blockchain feels like hype.
- platevoltage 1y agoSocial Media is basically what enabled me to actually be social during the Friendster/Early Myspace era. It helped me get to know people I'd met in real life, and meet other people within the city I lived in. Now if you're not on linkedIn, people question whether you are a real person or not. I hope AI ends up like blockchain. It's there if you have a use-case for it, but it's not absolutely embedded in everything you do. Both are insanely cool technologies.
- lerchmo 1y agoin the context of LLM's we are in the Friendster era
- platevoltage 1y agoI guess we will know when we are in the Facebook era when my parents start using it.
- ath3nd 1y agoThe media was saying nfts are a reasonable investment and web3 is the future, so I am not sure if they have any remaining credibility. We are at the awesome moment in history when the AI bubble is popping so I am looking forward to a lot of journalists eating their words (not that anybody is keeping track but they are wrong most of the time) and a lot of LLM companies going under and the domino crash of the stocks of Meta, OpenAI to AWS, Google and Microsoft to Softbank (the same guys giving money to Adam Neumann from WeWork).
- Gravey 1y agoCan I ask why you would be looking forward to the stock market crashing? Vindication?
- keernan 1y agoWho benefits from high stock prices? Certainly not people regularly buying stocks or stock ETFs/Funds.
- Gravey 1y agoI suppose if you’re operating on the assumption that tech stocks are vastly overinflated then this makes sense. Otherwise I would expect the people that are regularly buying these securities would be happy that they’re increasing in value, no?
- hdgvhicv 1y agoThe ponzu scheme of SPY is great until it stops. 10% of America’s payroll gets lumped into it each month and generational wisdom is you get a 10% ROI despite the economy growing 2%. At some point that will collapse, and it won’t be pretty.
- thunky 1y ago> The ponzu scheme of SPY is great until it stops TINA (there is no alternative). Inflation will eat your cash. Bonds hardly generate (real) returns unless you want to take big risks with duration. Real estate is over inflated. Gold is speculative. Crypto is...not real. What's left?