this post was submitted on 27 Jul 2025
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Very similar to crypto, the AI hype is sustained by some future promise that never comes true.
AI, crypto, just like .com, are very much very real, valuable technologies that have and will continue to stick around and be used until we destroy ourselves, or something even more advanced comes along.
What was/is a grift, is all the stupid money and people around it that don't have a damn clue where the limits of the technologies actually lie, what kinds of real problems are solved and have been sold lies stop lies without doing their due diligence.
I agree with this, mostly. The tech is real -- The blockchain has solid math behind it. I don't know if I agree with its value though. The viable usecases are significantly limited compared to the hype behind them. Bitcoin for example is still inherently inefficient compared to conventional payment systems. AI feels a lot like that -- lots of hype with very little substance at its core.
Didn't you hear about the scandals with Steam and Itch with traditional centralised payment processors? Decentralised payments like crypto are a method of solving that issue.
Only in the sense that crypto is an alternative payment method in the same way that pulling out is an alternative to condoms.
Lol, that's great.
The steam/itch situation is a bit complicated. I think the organization behind that action has bad motivations, so it's not the best example for the long term. My guess is that itch will update their NSFW policy to allow for some NSFW content, but not content that depicts truly heinous material.
The reason I would support that type of activism, to an extent, is that it was effective against Musk when he started turning twitter into a hellscape: https://www.freepress.net/sites/default/files/2022-11/stop_toxic_twitter_coalition_open_letter_to_twitter_final.pdf
it is the best example, because it clearly shows a big weakness of centralized digital payments that crypto does not have
itch can adjust their policy all they want if the payment processors will dictate what they can allow, and just say no at any time.
Neither AI, nor Crypto have had any meaningful positive impact on the world.