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[return to "Is AI the next crypto? Insights from HN comments"]
1. Closi+g8[view] [source] 2023-11-08 18:14:47
>>kcorbi+(OP)
Interesting analysis. Suprised HN is so negative towards AI (and that the positive:negative ratio to AI is about the same as it was for Crypto a few years ago!)

The obvious difference is that AI has abundant use-cases, while Crypto only has tenuous ones.

Maybe there is added negativity considering it is a technology where there is clearly a potential threat to jobs on a personal level (e.g. lift operators were very negative towards automatic lifts).

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2. mdgrec+Sd[view] [source] 2023-11-08 18:37:04
>>Closi+g8
I feel like the value of crypto going up is backed by solid economics. There is only ever going to be so much of it so losing your money to inflation isn't a risk. People die and don't tell anyone their keys, people forget their keys so we're constantly losing crypto too, w/ currency this is taken into account and print new dollars not w/ crypto. I also think it reflects a general sentiment here in the states and probably China too that we're barreling toward a fucked up never world and crypto is some kind of safe guard against that. In times of uncertainty people turn this gold, this is very much a digital gold.
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3. NBJack+gh[view] [source] 2023-11-08 18:49:25
>>mdgrec+Sd
That's a poor comparison.

Crypto is an umbrella term for a number of solutions, including blockchains (roughly 1,000+ as of right now) and cryptocurrencies (roughly 22,000+). While a given blockchain may be limited in terms of how much can be 'mined' or grow, you or I could very easily create a new cryptocurrency or even a new blockchain. Assuming we got traction with it, there would now be N+1 more out there.

Gold is not something we can so easily create. It also has intrinsic value through practical applications.

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