zlacker

[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!

◧◩
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?
◧◩◪
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?
◧◩◪◨
4. zamada+fo[view] [source] 2023-11-08 19:18:06
>>distor+Xg
ChatGPT has something like 40x the weekly users as Bitcoin. There are other AIs and other Bitcoin, but I'm not sure e.g. Bitcoin (or other crypto used by folks) has the penetration to really be average to use. Crypto has a mostly niche use case at this point, exchanging money when it would be illegal, across borders, or in an area with a failing local currency.
◧◩◪◨⬒
5. jejeyy+Sp[view] [source] 2023-11-08 19:24:06
>>zamada+fo
I'm not taking sides, but are we going to ignore the fact that crypto users are probably more valuable in the sense that they are paying users in a way?

A chatGPT user could just be someone who popped onto the website and submitted the chat form.

◧◩◪◨⬒⬓
6. npunt+Fs[view] [source] 2023-11-08 19:34:39
>>jejeyy+Sp
Not to be too cheeky here but paying with what? Cryptocurrencies are mostly hot potatoes everyone is throwing back and forth and occasionally dropping to catastrophic effect, and don't seem to be tied to actual value add.

Meanwhile millions of people pay for tools that are now integrating AI to enhance their value add.

Free ChatGPT is just a loss leader for API and paid acct and a way to better train the model.

◧◩◪◨⬒⬓⬔
7. jejeyy+4F[view] [source] 2023-11-08 20:31:53
>>npunt+Fs
not really, crypto has value as determined by the markets.

Most people who own crypto exchanged dollars for it.

◧◩◪◨⬒⬓⬔⧯
8. kubito+0O[view] [source] 2023-11-08 21:10:21
>>jejeyy+4F
True but in comparison to every other value crypto is the only one which doesn't have any alternative use.

Gold, shares etc.

I believe the criticism is correct as the current driver of crypto is either a 'i put that much money in I'm not selling until it increases again' or gambled los.

After all the miners want to get paid.

But hey binance and others struggle let's see if there is a collapse soon

◧◩◪◨⬒⬓⬔⧯▣
9. jejeyy+zV[view] [source] 2023-11-08 21:45:14
>>kubito+0O
IMO the value is in the globally distributed, battle-tested secure/resilient payment network.
◧◩◪◨⬒⬓⬔⧯▣▦
10. kubito+Mx2[view] [source] 2023-11-09 11:37:45
>>jejeyy+zV
It's not.

The trust issue is real, china's great firewall is real and the crack down of sec is also real.

And without anyone exchanging your bitcoins no one cares.

And I'm comparison to our fiat a ton of critical features are missing like money laundering.

[go to top]