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[return to "Is AI the next crypto? Insights from HN comments"]
1. baggac+Jm[view] [source] 2023-11-08 19:11:53
>>kcorbi+(OP)
The cycle of these technologies is always the same:

    1. Initial introduction or release
    2. Major hype and influx of greed money. <- AI is here now
    3. Failure to live up to the hype, resulting in the tech becoming a punchline and gobs of money lost
    4. Renaissance of the tech as its true potential is eventually realized, which doesn't match the original hype but ends up very useful
    5. Iteration and improvement with no clear "done" or "achieved" milestone, it just becomes part of society
The bombardment of charlatans taking advantage of the term, coupled with commercials everywhere suggests we will soon hit stage 3 for AI. The Super Bowl commercials are usually the tipping point.

Crypto is at stage 3 now.

Not all technologies make it to steps 4-5.

Hell, I remember when social media followed the same path. And ecommerce before it. Or the web in general before that. And on and on it goes.

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2. asicsa+Gq[view] [source] 2023-11-08 19:27:21
>>baggac+Jm
AI is at step 4, transitioning to 5
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3. baggac+hr[view] [source] 2023-11-08 19:29:34
>>asicsa+Gq
You could argue ML is at step 4, but LLMs (called "AI" for some reason) are most definitely in the major hype/dumb money being chucked at it step.
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4. baq+8H[view] [source] 2023-11-08 20:42:11
>>baggac+hr
“Some reason” is you talk to the thing about anything and it answers and a lot of the time its answers make sense. I’d like to remind you that one year ago this was sci-fi!
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