this post was submitted on 13 Jun 2025
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Can't believe I'm doing this... but here I go, actually defending cryptocurrency/blockchain :
... so yes there are some functionalities to AI. In fact I don't think anybody is saying 100% of it is BS and a scam, rather... just 99.99% of the marketing claims during the last decade ARE overhyped if not plain false. One could say the same for crypto/blockchain, namely that SQLite or a random DB or is enough for most people BUT there are SOME cases where it might actually be somehow useful, ideally not hijacked by "entrepreneurs" (namely VC tools) who only care about making money but not what the technology could actually bring.
Now anyway both AI & crypto use an inconceivable amount of resources (energy, water, GPU and dedicated hardware, real estimate, R&D top talent, human resources for dataset annotation including very VERY gruesome ones, etc) so yes even if in 0.01% they are actually useful one still must ask, is it worth it? Is it OK to burn literally tons of CO2eq ... to generate an image that one could have done quite easily another way? Summarize a text?
IMHO both AI & crypto are not entirely useless in theory yet in practice have been :
So... sure, go generate some "stuff" if you want to but please be mindful of what it genuinely costs.
In programming the AI has real application, i have personally refactored code, designed services all by chatgpt which would take me days to do in hours, its just good at it. For non techies though i can't say.
i think you've got it backwards. the very same people (and their money) who were deep into crypto went on to new buzzword, which turns out to be AI now. this includes altman and zucc for starters, but there's more