Crypto was an annoying bubble. If you were in the tech industry, you had a couple of years where people asked you if you could add blockchain to whatever your project was and then a few more years of hearing about NFTs. And GPUs shot up in price. Crypto people promised to revolutionize banking and then get rich quick schemes. It took time for the hype to die down, for people to realize that the tech wasn’t useful, and that the costs of running it weren’t worth it.
The AI bubble is different. The proponents are gleeful while they explain how AI will let you fire all your copywriters, your graphics designers, your programmers, your customer support, etc. Every company is trying to figure out how to shoehorn AI into their products. While AI is a useful tool, the bubble around it has hurt a lot of people.
That’s the bubble side. It also gets a lot of baggage because of the slop generated by it, the way it’s trained, the power usage, the way people just turn off their brains and regurgitate whatever it says, etc. It’s harder to avoid than crypto.
Crypto was an annoying bubble. If you were in the tech industry, you had a couple of years where people asked you if you could add blockchain to whatever your project was and then a few more years of hearing about NFTs. And GPUs shot up in price. Crypto people promised to revolutionize banking and then get rich quick schemes. It took time for the hype to die down, for people to realize that the tech wasn’t useful, and that the costs of running it weren’t worth it.
The AI bubble is different. The proponents are gleeful while they explain how AI will let you fire all your copywriters, your graphics designers, your programmers, your customer support, etc. Every company is trying to figure out how to shoehorn AI into their products. While AI is a useful tool, the bubble around it has hurt a lot of people.
That’s the bubble side. It also gets a lot of baggage because of the slop generated by it, the way it’s trained, the power usage, the way people just turn off their brains and regurgitate whatever it says, etc. It’s harder to avoid than crypto.