Comment by repelsteeltje

> I guess I really am just that out of touch with “AI” and cryptocurrency.

I get that feeling. I suppose it's more about crypto than AI, where the first translates into "pyramid scheme" and the second to "hype".

Any kind of defraud must be rooted in someone's greed. In this case that's FOMO about some presumably magic discovery that's gonna change the world.

So nothing special you might have missed about AI or cryptocurrencies. It's just that those are relatively cheap and accessible technologies to create and transfer (presumed) wealth.