this post was submitted on 13 Aug 2023
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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[–] MaxPow3r11@lemmy.world 56 points 1 year ago (5 children)

It's starting to look like the crypto/nft scam because it is the same fucking assholes forcing this bullshit on all of us.

[–] EnderMB@lemmy.world 34 points 1 year ago (1 children)

As someone that currently works in AI/ML, with a lot of very talented scientists with PhD's and dozens of papers against their name, it boils my piss when I see crypto cunts I used to know that are suddenly all on the AI train, trying to peddle their "influence" on LinkedIn.

[–] joel_feila@lemmy.world 10 points 1 year ago

never heard boil my piss before

[–] pexavc@lemmy.world 8 points 1 year ago

I said the same thing. It feels like that. I wonder if there's some sociological study behind what has been pushing "wrappers" of implementations at high volume. Wrappers meaning, 90%+ of the companies are not incorporating Intellectual Property of any kind and saturating the markets with re-implementations for quick income and then scrapping. I feel this is not a new thing. But, for some reason it feels way more "in my face" the past 4 years.

[–] mycroftholmess@lemm.ee 6 points 1 year ago

NFTs in their mainstream form were the most cringe-worthy concept imaginable. A random artist makes a random ape which suddenly becomes a collectible, and all it happened to be was an S3 url on a particular blockchain? Which could be replicated on another chain? How did people think this was a smart thing to invest in?! Especially the Apes and rubbish?!

[–] johnlobo@lemmy.world 3 points 1 year ago* (last edited 1 year ago) (2 children)

cryptonft is shit though. At least "A.I" have actual tech behind it.

[–] MaxPow3r11@lemmy.world 21 points 1 year ago (1 children)

What they are calling "ai" is usually not ai at all though...

[–] johnlobo@lemmy.world 0 points 1 year ago

yeah i know hence "ai"

[–] fidodo@lemm.ee 6 points 1 year ago (1 children)

Crypto had real tech behind it too. The reason it was bullshit wasn't that there wasn't serious tech backing it, it's that there was no use case that wasn't a shittier version of something else.

[–] johnlobo@lemmy.world 2 points 1 year ago

yeah "real tech". crypto/nft is not real as in it is useless. as of now. it is useful to criminal though.

[–] fidodo@lemm.ee 2 points 1 year ago

A broken clock is right twice a day. The crypto dumbasses jump on every trend, so you still need to evaluate it on its own merits. The crypto Bros couldn't come up with a real world compelling use case over years and years, so that was obviously bullshit. Generative AI is just kicking off and there are already tons of use cases for it.