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by noogle 1135 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.

1 comments

> …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.

>> 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.