Can you reminds us what the current state of NFTs is? Or most crypto? Web3 tech? This is next.
Of course Nvidia are the highest-valued company. They capitalized on idiots misusing the technology, until it created issues in society, for personal gain.
Why are you explicitly picking those examples, and not things like IoT, DevOps and Edge computing, all buzzwords, all successful and still in general existence today?
You’re cherry picking failed buzzwords and using them as proof that “AI” will fail.
To be clear, I agree that LLMs are bullshit for 95% of applications they are being put into. But at least argue in good faith.
I chose those examples, because that’s what’s been heavily marketed recently, and it all either fundamentally failed, ended up being a scam, or both.
In contrast:
- devops is software automation practices…?
- edge computing is on-call load balancing? It’s horrendously expensive though, so i’ll give them time to figure it out
- IoT, admittedly, is largely oversold, but even then, there were a ton of products on the market that absolutely outlived all 3 of the examples i’ve given, combined. HomeAssistant+Zigbee home automation is awesome. A raspberryPi is “iot”. Your smartwatch is “iot”.
There’s a difference between cherry-picking, and refusing to accept that something is a scam. Crypto ended up begging for government regulation, when the original intention was to move away from it. NFTs are a pump-and-dump ponzi scheme. web3 literally doesn’t mean anything
LLMs aren’t a scam, I don’t even understand how you could twist it into such. While something like NFTs have no real legitimate use case, LLMs excel at translation and as an advanced form of spelling and grammar checking.
Your complaint seems to boil down to “it doesn’t work in all use cases it’s being used” which is fair enough, but if I put a car on my bed and try to use it as a blanket… does that make it a scam?
Can you remind me how those technologies are related, other than the mere accusation of them being “buzzwords”?
Cryptocurrency is actually doing fine, BTW. Just because you don’t find it useful doesn’t mean it’s not useful to other people.
Crypto is doing kind-of ok. But what about other blockchain apps and startups, or blockchain integrations into every tech imaginable? There were so many popping up, just like there are with AI now. Business models and use-cases that are based solely on the hype of the tech in question, without any consideration about whether it’s actually a good fit for the tech. That is the point, and what it has common with AI and other “buzzwords”.
