Was crypto a big scam? also is AI the new scam?
no crypto news/startups in the market. where has everyone disappeared?
You could never see crypto being used in your day to day life. A16Z brought in the concept of web 3 for a technology that wasn't nearly as ready.
Gen AI isn't a thing of the future, it's here and things are getting shipped everyday.
Will there be a bubble around it? Ofcourse it's a new technology and no has figured out how much value it really creates. We'll find out through some experimentation (by putting in capital ofcourse)
So crypto was a scam and AI is real (not a scam)
Both are a scam.
How can AI be a scam? Did any influencer or a friend ask you to invest in AI? Did you send your money to some startup? If you did, you probably got scammed. Stay safe buddy
Coinbase just sued SEC. Things keep moving regardless of their appear in traditional media. I don’t personally buy into crypto thing but until everybody stops seeing value, it’ll keep going. AI is not a scam but rather part of big revolution ongoing in many sectors (think like when stackoverflow initially launched back in the day). Although many might scam in a way by promising big in their product but underdelivering or just using chatgpt behind the scene… this pattern isn’t new.
This is not an apple - apple comparison I think.
AI is a technology which is similar to Blockchain. Still blockchain is a good technology which has real use and in future it will grow big.
But crypto or nft these are not technology. These were some unknown or underlying scams which ran on some hype and wave.