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by agnosticmantis 1133 days ago
A significant part of the 2021 peak may be explained by the crypto craze from which Nvidia benefited greatly and which has almost completely vanished since.

Thinking about it, it’s hard to believe how fast the hype cycle moved on from crypto. Only 1-2 years ago every media person, influencer, YouTuber, tweeter etc. were talking about/selling/shilling some kind of crypto, and now all of it seems to have moved on to AGI doomsaying.
1 comments
noogle 1133 days ago
Cryptocurrencies still had high barriers for entry for the public at large - not really a means of payment, and high risk as an investment.

Generative AI is used by millions, has very low barrier for entry (it's even free!) and most importantly does not require a network effect so can be valuable immediately.

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UncleEntity 1132 days ago
> …and high risk as an investment.

Surprisingly, they left that out of their sales pitch.

With LLMs everyone+dog is coming out of the woodwork to let people know that it will lead to the extinction of the species.

Not that I don’t think generative AI is a lot more useful than crypto and deserves (some of) the hype. The problem is the hucksters jumping on the hypetrain to continue their $new_hotness grift.

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EVa5I7bHFq9mnYK 1132 days ago
>> that it will lead to the extinction of the species

Interesting, the more they warn about it, the more people are eager to invest in it. Kind of a Streisand effect.

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