> AI is the new crypto.
But it's also way worse than cryptocurrencies, because all the big actors are pushing it relentlessly, with every marketing trick they know. They have to, because they invested insane amounts of money into snake oil and now they have to sell it in order to recover at least a fraction of their investments. And the amounts of energy wasted on this ultimately pointless performance are beyond staggering.
In what parallel universe do you live where LLMs are snake oil?
From a classists perspective, big capital cant drop the AI ball, because its their only shot at becoming independent from human labor, those pesky humans their wealth unfortnunately depends uppon and that could democratically seize it in an instant.
I bet there are billionare geniuses out there seeing a future island life far away from the contaminated continents, sustained by robots. So no matter how much harder AI progress gets, money will keep flowing.
AI is the new crypto. Lots of promise and big ideas, lots of people with blind faith about what it will one day become, a lot of people gaming the system for quick gains at the expense of others. But it never actually becomes what it pretends/promises to be and is filled with people continuing the grift trying to make a buck off the next guy. AI just has better marketing and more corporate buy in than crypto. But neither are going anywhere.