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[return to "Is AI the next crypto? Insights from HN comments"]
1. bamazi+Ye[view] [source] 2023-11-08 18:41:40
>>kcorbi+(OP)
The major difference between the 2 is how they're being adopted by customers and the tangible value they return.

AI/ML barrier to entry is far simpler and vastly user friendly compared to crypto. Instant value return or gratification from ML products (GTPs and rest) is far more mainstream friendly.

Another view is the "loss" factor. Nobody, thus far, has has had their funds stolen or lost using ML products. I understand content creators and those who, unwillingly, contributed knowledge to learning systems did get circumvented but i'm talking about users/customers. Compare that to the negative stigma of crypto frauds and stereotypical association to illegal transactions.

Apples vs. rotten oranges in my opinion!

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2. 2OEH8e+Jf[view] [source] 2023-11-08 18:43:53
>>bamazi+Ye
Exactly. People, average everyday people, are using and getting value out of AI right now. Are we to ignore that?
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3. distor+Xg[view] [source] 2023-11-08 18:48:15
>>2OEH8e+Jf
Average every day people are using and getting value out of crypto right now too. Are we to ignore that?
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4. kwonki+Ui[view] [source] 2023-11-08 18:56:25
>>distor+Xg
I what way does an average consumer/user get value from crypto?
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5. charci+Ml[view] [source] 2023-11-08 19:07:41
>>kwonki+Ui
The ability to transact with people that card processors do not like. The ability to self custody.
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6. mminer+Gn[view] [source] 2023-11-08 19:15:33
>>charci+Ml
The average person has no need to transact with people that card processors do not like. The most common scenario where that is the case is people "needing" to pay "Microsoft support".
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7. jrockw+lo[view] [source] 2023-11-08 19:18:25
>>mminer+Gn
Yeah. I have to say, I've never needed to give money to someone my bank doesn't want me to give money to. As someone spending money, I don't want guarantees like "this transaction cannot be revoked". I want to revoke transactions sometimes! Thus, crypto is anti-value-add for me. (Some would argue, merchants would charge lower prices if all sales were final. That's probably true! But it would depend on them never making a mistake, and everyone makes mistakes.)
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