Yes, I know that it still exist, and yes, decentralized currency which utilizes distributed, cryptographic validation is not actually a strictly bad idea, but…
Is the speculative investment scam, which crypto substantially represented, finally dead? Can we go back to buying gold bars and Pokemon cards?
I feel like it is, but I’m having a hard time putting my finger on why it lost its sheen. Maybe crypto scammers moved on to selling LLM “prompts?” Maybe the rug just got pulled enough times that everyone lost trust.
The A.I. “Grift Shift” is Underway
Interesting article! I wholeheartedly agree with every other topic but I partly disagree on the AI front. AI has a topic is much wider than crypto and nfts, and better defined than the meta verse. It has concrete uses from document extraction, to protein prediction, and data analysis. However, where I agree with the author is that, on platform like LinkedIn, you find so many quacks who are suddenly experts, telling how AI is the game changer that you didn’t know for something completely unrelated. There is a va lot of pseudo science and false (but seemingly logic) conclusions thrown around. And that’s where the gift is: not in the technology, but in the marketing by scammers.
E.g. they keep on pushing that, as an expert, AI will replace you unless you adapt and that only those who use ai will survive. However, early research shows the opposite and that using AI actually help low performers and has little impact for experts. Here is an interesting podcast on it