Comment by grey-area

4 hours ago

The AI craze very much reminds me of the crypto craze a few years ago - lots of people new to the industry jumping on the latest trend and building tooling for something that doesn't need tooling, trying to sell shovels in a gold rush, but just spending years creating a gold-plated shovel which nobody needs instead.

And Web 3, Metaverse, Blockchain, NFT… Only this time it’s kind of useful.

  • Yes that's true it is more like the dot.com bubble in that regard - a useful technology which will clearly grow over time, but overhyped in the initial phases as everyone tries to be 'AI' in 2026, in 1999 it was online, whether it fits with their business or not.