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Comment by infecto

20 hours ago

I have still been unable to see how folks connect AI to Crypto. Crypto never connected with real use cases. There are some edge cases and people do use it but there is not a core use.

AI is different and businesses are already using it a lot. Of course there is hype, it’s not doing all the things the talking heads said but it does not mean immense value is not being generated.

It's an analogy, it doesn't have to map 1:1 to AI. The point is that current situation around AI looks kind of similar to the situation and level of hype around Crypto when it was still growing: all the "ledger" startups, promises of decentralization, NFTs in video games and so on. We are somewhere around that point when it comes to AI.

  • No it’s an absolutely ridiculous comparison that people continue to make even though AI has well past the usefulness of crypto and at an alarming rate of speed. AI has unlocked so many projects my team would never have tackled before.

  • I agree with the all the startups but AI is already much more useful in everyday tasks vs crypto.

    Eg: A chatbot assistant is much more tangible to the regular joe than blockchain technology

    • I agree that AI is much more useful than crypto ever was, but it's not as useful as AI hype valuation would like to paint it.

    • Anecdotally, many non-technical users or "regular joes" as it were that I know who were very enthusiastic about AI a year ago are now disengaging. With the rate really picking up the last couple of months.

      Their usage has declined primarily with OpenAI and Gemini tools, no one has mentioned Anthropic based models but I don't think normies know they exist honestly.

      The disengagement seems to be that with enough time and real world application, the shortcomings have become more noticable and the patience they once had for incorrect or unreliable output has effectively evaporated. In cases, to the point where its starting to outweigh any gains they get.

      Not all of the normies I know to be fair, but a surprising amount given the strange period of quiet inbetween "This is amazing!" and "eh, its not as good as I thought it was at first."