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by ryandrake 95 days ago
I think there's simply a huge overlap between the Crypto Bros, the NFT Bros, and now the AI Bros. The same sorts of people are pumping each one. I knew a guy who was into LeadGen and Drop Shipping in the 2000s, then got into online poker, then of course, got into Crypto, then inevitably NFTs. I haven't kept up with him, but I'm almost 100% sure he's pumping some AI related scheme now. These guys get into this pipeline and at each stage they are convinced that they're going to get rich off it.
1 comments
colechristensen 95 days ago
Crypto has very narrow usage unless you're a criminal or a bro, NFT has essentially 0 non-bro activity, surely AI attracts bros, but also some of the smartest people I've known have been working on it a long time to build truly useful things.

AI can be really attractive to bros but also be incredibly useful.

In other words, AI isn't a trend that's going to pass, it's permanently going to reshape the tech scene and economy in a way that cryptocoins and NFTs absolutely did not.

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ryandrake 95 days ago
> AI isn't a trend that's going to pass, it's permanently going to reshape the tech scene and economy in a way that cryptocoins and NFTs absolutely did not.

This exact wording was used for crypto. "It isn't a trend that's going to pass" and "It's going to reshape everything." Why are we sure of it now for AI (and that we're going to be right), when they were also sure of it before for crypto (and they ended up wrong)?

The AI people have the exact same feelings of absolute certainty as the crypto people had.

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cheschire 95 days ago
People's grandmothers know what AI is and many have used it, even outside the west.

Probably zero grandmothers outside the west, and very few grandmothers within the west, know what NFT even stands for.

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mattmanser 95 days ago
But they do know what crypto is for and several of them would have lost money on it.
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colechristensen 95 days ago
>The AI people have the exact same feelings of absolute certainty as the crypto people had.

Yes, this is what hype is like. Something being hyped doesn't automatically mean it's going to go bust.

Again, everyone smart was making fun of NFT at its peak. People who accomplish things are excited by LLMs, not just teenagers, grifters, bros, and your weird uncle.

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