AI is both overhyped crap and a revolution.
OP here to clarify: With AI Hype Train I meant the fact that so many people are slapping AI onto anything just to make it sound cool like at this point I wouldn’t be surprised if a bidet company slapped AI into one of their bidets…
I’m not saying AI is gonna go anywhere or doesn’t have legitimate uses but currently there is money in AI and everybody wants to get AI into their things to be cool & capitalize on the hype:
Same thing with NFT’s and blockchains. The technology behind it has it’s legitimate uses but not everyone is slapping it onto things like a few years ago just to make fast bank.
While I understand the use cases for AI (which ar much more limited than people think, but it is helpful)
I didn’t found anyone who could explain to me why NFTs are better than rh current money system everyone uses.
The Blockchain is a nice concept, but no one has a real life use for it. Except fraud and criminal payments and gambling.
Blockchain is mostly used for intra & inter company stuff. I know that the tech is interesting specially for logistics companies as it allows for easier fleet management, stuff like temperature controll over the whole shipment, easier location of what is being sent, having easy access to the needed documentation etc.
Honestly slapping AI onto a bidet might actually make sense 😂
None of this LLM bullshit I’m talking about more classic ML. You know the stuff that has already been in widespread use in medical, civil, and countless practical fields for the last 10+ years. To great effect.
A bidet that targets? Hell yeah.
AI is here to stay imo. This is not crypto
Did you see crypto going away anywhere? Because I sure as hell didn’t.
Sure but this is about AI hype.
Don’t forget “THE CLOUD” and “IoT”
The cloud was the dumbest hype because it changed nothing. Network services were now named cloud services, that was it.
We also got:
- cyber: the realisation that the internet exists but 20 years too late
- big data: companies snorkeling your data for targeted advertising and government surveillance
- blockchain: safe ways to pay your dealer and investment scams
- VR: the weirdest sort of corporate meetings and some cool game experiments
IOT seems kinda ok in that regard. Connect your microcontrollers to the internet to allow some extra coordination.
AI, in some form, is here to stay, but the bubble of tech companies shoving it into everything will pop at some point. As for what that would look like, it would probably be like the dot-com bubble.
Yeah… tech companies need to chill out with “jumping on the bandwagon” and actually innovate
The difference is that tech bros are selling the promise of replacing expensive skilled labour, to business owners, who keep funding it because they’d rather pay one of their own than pay a living wage to a normal person.
So the money keeps coming which let’s them keep working on it
Agents
I do feel that, unlike Crypto, AI (or, to drop the buzzwords, LLMs and other machine-learning based language processors and parsers) will end up having a place in the world.
As it is NOW, the AI hype train is definitely an investment bubble and it will definitely explode in a glorious fashion eventually. Taking a lot of people down with it.
But unlike Crypto, AI does – It like does things, you know? Even if I personally feel like it’s mostly only good for a toy, all my attempts to use it for anything society would deem “valuable” were frustrated, but at least I can RP with it when my friends aren’t available. It is a thing that exists and can be used.
Crypto was funny because it was literally useless. Just an incredibly wasteful techno-fetishistic speculative vehicle with precisely zero shame about being that.
As for what’s next, I think Quantum Computing might be it. That is, assuming the Tech Industry even survives the bubble’s burst in its current form. Because everyone in the industry is putting all their eggs including theoretical eggs that haven’t even been laid, and in fact there’s not even a chicken in this AI hype train. And even with AI becoming part of people’s lives, as I predict it indeed will, when the bubble does burst it might end up hitting the reset button on who is truly in charge of things.
Drag hopes that Google and the other tech giants go bankrupt, and Ask Jeeves makes a comeback
You’re assuming there will be a next time. When the AI bubble bursts, and it will, the whole economy will go down with it. AI companies are massively in debt and have a product that ranges from utter shit to kinda okay, and absolutely no sane way to monetize it. Everyone outside of tech, you know, the customers, fucking hate AI. It has stolen their work, jeopardized their livelihoods, wasted their resources and made the most insufferable asshats in history very wealthy.
Don’t most modern tech companies actively lose money and rely on investors to actually pay their workers? Then again AI uses a crapton of resources compared to decade optimized search querying.
prison labor
At the tap of a button you can call contracted prison laborers to be shipped out to your labor camp.
We call it Slaveify
Do you think they’ll turn prisoners into NFTs?
How much is Wild Mike on Death Row going for these days?
Reminds me of Blockchain
According to new research from Deloitte, 74 percent of large companies (with sales over $500 million) see a “compelling business case” for blockchain technology.
Indeed, from supply chain management and regulatory monitoring to recruiting and healthcare, organizations are applying blockchain to their business models to revolutionize how they track and verify transactions.
It’s not a fake or fundamentally useless technology, but everyone who doesn’t understand it is rushing to figure out how they’re gonna claim to use it.
I hate that we call any algorithm that gets information by looking at data “AI.” If people consider something like linear regression (a supervised model) to be “AI”, then “AI” isn’t going to pass. Hell, even neural networks are just a shit ton of addition and multiplications.
All computing is just shit tons of math operations.
That’s the “artificial” part of “artificial intelligence”, so I’m not really sure what you expect AI to look like.I’m not a big fan of LLMs and I don’t think they’re intelligent, but if you’re disqualifying them based on using math then nothing is ever going to satisfy you
All computing is just shit tons of math operations.
I agree, and “computing” is a great umbrella term for all math operations. And there’s a reason you used the term LLM instead of AI, and that’s because LLM better describes what you’re referring to. The name reflects the function or the most defining characteristic of what you’re referring to.
The way people throw around ‘Artificial Intelligence’ feels wrong to me. The words “Artificial Intelligence” suggest these models are conscious or sentient, which they’re not, so the term ends up being misleading.
So while it’s not technically wrong to use “AI” as a catch-all for anything data-driven, I don’t think it’s nearly as useful or accurate as more specific terms like LLM.
Also, when I hear people use the term AI, it’s usually by those who have no idea what they’re actually talking about. It’s always in the vague, buzzword-y context of “we need to AI our processes” even though, realistically, most systems already have some form of “AI” baked in.
Edit: It’s just a huge buzzword that’s starting to lose meaning to me: https://www.youtube.com/watch?v=-qbylbEek-M&t=26s
This is the stupidest take because intelligence isn’t defined as human and AI is not “artificial human”. Saying linear regression is not AI is the most pseudo intellectual thing ever at this point we get it you saw a guy on twitter say it but do you even know what it means and how it’s just that guys opinion?
When I hear “Artificial Intelligence,” I picture a computer with sentience, something that thinks and perceives like an animal or human. But instead, the term is being thrown around to describe basic models like linear regression, which clearly don’t think for themselves. Even if it’s meant as a shorthand for all algorithms, calling every math operation “AI” cheapens the meaning and blurs the line between true intelligence and simple computation.
Basically AI research is the study of the mathematics of knowledge learning and reasoning. Models aren’t just ‘linear regression’ and you could say linear regression is a beautifully simple way to find patterns in high dimensional space it’s just word choice. You can hate on the hype all you want but it isn’t going away because it was always here before the hype.
Quantum computing, probably.
Problem is, it has the potential to be actual reality. Tech bros need their products to be 99% blue-sky hype to get their financing, and they can’t risk some nerd going “well actually what you’re suggesting can’t be done any more efficiently on a quantum computer than you can do now”.
Plus. You can’t just drop quantum computing in your data center. It takes extreme cold, hug amounts of cash and the support team to maintain.
I too would like to hug amounts of cash
(Sorry couldn’t resist)
As long as you let me get some hugs in baby
NFTs were just star registries. Pay a fee, and you can claim to own a certain star.
NFT was SUPPOSED to just be a cheap and safe non-editable contact type thing that you can make with someone so that there can be no dispute as it’s fixed and unique. Then it turned into monkeys and that’s all it’s known for now.
Oh, it’s gonna be so much worse. NFTs mostly just ruined sad crypto bros who were dumb enough to buy a picture of an ape. Companies are investing heavily in generative AI projects without establishing a proper use case or even its basic efficacy. ChatGPTs newest iterations are getting worse; no one has a solution to hallucinations; the energy costs are astronomical; the entire process relies on plagiarism and copyright infringement, and even if you get by all of that, consumers hate it. AI ads are met derision or revulsion, and AI customer service is universally despised.
This isn’t like NFTs. It’s more like Facebook and VR. Sure, VR has its uses, but investing heavily in unnecessary and unwanted VR tools cost Facebook billions. The difference is that when this bubble bursts, instead of just hitting Facebook, this is going to hit every single tech company.
hit every single tech company.
and institutional investors who steward pleb money… so its going hurt real.
You do realize nfts were capable of so much more than pictures but because that was the lowest effort use case that’s what the scammers started with, right?
Of course not, you just like shitting on things other people designate as safe to shit on
I have never heard of one realistic and useful plan for NFTs. And I like to be contrarian whenever possible, since I’m kind of a smug prick. Hit me with 'em!
At the very basic level NFTs programatically enact contract law in a perfectly transparent way that cannot be faked
The use cases for this aren’t normally apparent to the average consumer because of habit more than anything. I will give some use cases
A limited access club can mint NFTs for membership, allowing the holders to personally trade their access in a transparent way and provides an encrypted method functionally equivalent to a One Time Pad (One of the most, if not the MOST secure encryption method in existence) so building access can be transferred instantly between rights holders, as well as providing a secure inherent messaging between members
This can also be generalized for apartment access. Need a place to stay? You can purchase the tenant NFT from the current renter, and have access to the property securely within seconds
I use these examples because they are human friendly but the BEST use of NFTs is programatic resource management for automated purchasing systems (which are going to be a FUCKING HUGE THING now that LLMs have got access to the big money), for example:
Lets say a LLM is tasked with constantly sourcing the cheapest source of tin for industrial processes, and that all the tin producers set lots of raw material as NFTs. (In this case it isn’t an ideal use as the lots are not unique, but the underlying programatic contract execution doesn’t care and treats them as unique) so the LLM calculates shipping and price and automatically buys lots of NFTs to match the need, which ship out from a port halfway around the world that afternoon
Now 2 days into the 12 day shipping time, the LLM notices that there is a sudden need for tin closer to the current ship location than the initial destination and contacts the LLM of the company that posted the tin need, and offers the lots of NFTs on the ship, the other LLM agrees and the contract is made, the ownership of those lots are altered, the shipping manifest of the cargo vessel is updated and the shipping route may or may not be altered based on the judgment of the LLM handling the cargo ship. All of this happens in a matter of seconds. Once the transaction is complete, the original LLM now goes and searches for another source of tin
The biggest benefit of NFTs is reducing the friction of complex logistic changes allowing companies to find advantages that pass too quickly for humans to notice or make best use of in a way that can be legally as binding as any other signed contract in a court of law.
There are other benefits and use cases, some silly and some abstract but NFTs are so much more than a link to an png on a file server somewhere but that’s ALL people like you will ever know them for because scammers ruined the name while real devs were still working on useful products.
The most be something I don’t understand. Why would I buy flight tickets from a third party? Is there a market for this?
If you book through a travel agency or website, you are already buying 3rd party
NFTs would prevent 3rd parties from overselling flights (this is a big problem actually and is borderline fraud)
I’m just not sure what utility this has for a traveler. You don’t need NFTs to implement transferrable plane tickets, though this does seem to try to ensure that the airline(?) gets a cut of any sales between passengers. It’s the same pattern every time with NFTs, the only thing they seem to do is complicate matters while attempting to make a market out of thin air and take a cut of any related transactions.
No major US airline allows passengers to transfer tickets, and I don’t think it’s because they lack the technology to do so and NFTs would fill the void. If they did do this and it was possible to buy and sell plane tickets on an open blockchain based market, couldn’t one just buy all of the tickets for popular flights and sell them at a markup?
You know a guy who first saw the new fangled automobiles once said ‘That’s all well and good, but where do you attach the horse?’
You don’t NEED the internet, or digital transactions, or credit cards, or any of the other dozens of technological advancements in wealth management that have come about since the 50s either but they exist and make everyone’s lives easier
Tickets as NFTs are a great idea because it absolutely prevents overbooking. Did you ever even consider that? Can’t mint more NFTs than the plane has seats
You know a guy who first saw the new fangled automobiles once said ‘That’s all well and good, but where do you attach the horse?’
Sure, but this is not a positive argument for your position. This does not mean that everything with doubters is, in fact, good and misunderstood.
Tickets as NFTs are a great idea because it absolutely prevents overbooking. Did you ever even consider that? Can’t mint more NFTs than the plane has seats
You can prevent overbooking without blockchain/NFTs. Airlines overbook because they want to, and presumably they would still want to do so if they adopted NFT tickets. There is nothing about using blockchain that would prevent this, they would just mint more NFTs than there are seats for each flight with the hope/expectation that a few ticket holders would not show up.
Sure, but this is not a positive argument for your position.
So now you’re just going to discount the time I spent setting you up several use cases?
You can prevent overbooking without blockchain/NFTs. Airlines overbook because they want to,
And the reason for their overbooking, maximum profit, would be achieved seamlessly with a blockchain based ticketing system as there is no human input lag that causes double booking
You keep arguing that there are other ways of doing the things that the programatic nature of NFT contracts offer but NONE of them provide it all in one ridiculously transparent, unfalsifiable open source way that can be literally implemented on every platform
That’s why I used the car and the horse example, you are the one saying: “Yes we already have horses already, why do we need a car? And how would a horse even USE a car you silly billy?”
The really sad thing is I’m waiting for a moment of realization from you that it is blatantly clear you are incapable of achieving. Pretending to be open minded is intellectually dishonest
interesting, around here we do it with numbers seats. if you give each seat a specific number turns out you can match that with numbered tickets. somehow airlines don’t make tickets with numbers that don’t match with any seats. insane tech.
How magnificently naive if you think that’s how it happens nowadays…
yeah if only the scammers could utilize the full potential of nfts lol
Why would they? They found a low energy and resource thing and never bothered looking deeper, just like all of you.
Here are some legit NFT use cases I posted earlier
It so bad and its so pervasive. The only thing I can even equate it to is a forced meme.
Everyone I know shuts off AI features on their software, yet they keep adding it to more and more software. It’s like the exact opposite of supply and demand.