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 52 points 1 year ago (4 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 32 points 1 year ago

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.

[–] 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?!

[–] fidodo@lemm.ee 1 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.