this post was submitted on 21 Oct 2024
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Yeah, but the 0.1% remaining will take over the world.
Does anyone remember the era when there were a million search engines? Google didn't spawn alone.
Same with Amazon. You think nobody else tried to make an online store in the 90s? Lol.
People are trying to vindicate their dislike of AI, pointing to trends like this as if it were supporting evidence. But saying "AI is going to be a big flop because 99% of companies today will end up failing" is as stupid as saying "online shopping will never work because 99% of online stores will close by the year 2010"
'Member nfts?
No one actually thought that they were a good idea it was just a bunch of con artists. It was a bubble for sure but it was an entirely artificially created one. There was no real business behind any of it.
I would argue that this current AI bubble is artificially created by a different type of conmen.
Yeah but in fairness the AI actually does work. You can actually use the AI to achieve things I've never seen anybody achieve anything beneficial with NFTs
My argument really being that there is a potential for real benefit with AI in a way that never existed for made-up digital scarcity
I totally agree with you and once dudes with dollar signs in their eyes stop with craming it in toasters I will be very happy to see where the tech goes.