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Bear in mind the last big thing from the tech industry was cryptocurrency. And that was rife with scams, chicanery, and nonexistent investments. As well as nee
by michaelt 3mo ago
Bear in mind the last big thing from the tech industry was cryptocurrency.
And that was rife with scams, chicanery, and nonexistent investments. As well as needing lots of GPU-filled power hungry data centres.
So I think a lot of people are viewing the AI boom through the same lens.
- aurareturn 3mo agoI don't think the tech industry embraced cryptocurrency. There are a few outliers like Meta's basket of currency crypto attempt and Sam Altman's World Coin. Meanwhile, the entire tech industry has embraced LLMs one way or another.
- michaelt 3mo agoMaybe not, but the cryptocurrency grifters all dressed themselves as tech visionaries. And tech venture capitalists, Altman and Musk were big boosters of cryptocurrencies. To an outsider, cryptocurrency cones from the tech industry, despite the fact Apple and Google didn’t bet big on it.
- aurareturn 3mo agoMost of them were outside of the traditional San Francisco/Silicon Valley tech companies. Most of these were in Asia, New York, 2nd/3rd world countries, etc. I think any association between cryptocurrencies and AI is a lazy one.
- Der_Einzige 3mo ago[flagged]
- lionkor 3mo ago"the real deal"? this whole framing is black and white. It can be useful and also be a complete and utter fucking scam the way it's "produced" and sold.
- convolvatron 3mo agoit could also be a real advance, a valuable tool, lead to a bunch of great ideas and products, and still not be a good return on the trillions that have been dumped into it mindlessly.