Blockchain also has some useful applications. Most (but not all) of them are also possible with technology and such that existed when bitcoin was first created, at far lower cost for a minor tradeoff in accuracy. On top of that, almost none of them are related to speculative markets.
It’s a way to do distributed transaction logs in a non-refutable and independantly verifiable way. That’s useful and important, but it was a solution in search of a problem. Even for the highest security, most at risk transactions, the existing international fincancial systems are “good enough” to ensure reliability of transaction logs.
In the end, blockchain and now AI are just falling victim to con men trying to milk as much money as they can from things before people build a working understanding of them. They’ll just keep moving onto the next big thing as it comes.
I just wish people had long enough memories to see the cycle for terms like these. Some new word catches vogue, companies fall over themselves trying to find ways to implement them for shareholders and consumers who have no idea what they actually represent. As that fades, a new term arises… it’s sad.
And virtual reality gets a free revival every other technology, while we’re at it.
I’m predicting VR coming back into the limelight, try again, shortly after everyone loses interest in AI.
Also, I’m still pissed that flying cars aren’t in the limelight more. I was promised daily updates, and I’m not seeing them. That’s the biggest proof that the media is completely disconnected.
notice how all of those crypto features were quietly removed from platforms after people realised they were paying millions for some numbers, i think that will happen with Ai
I just got a notification on my phone telling me that I can chat with my PDF documents. Why the fuck would I want to do that? Do these companies realize that literally no one is asking for this shit? I also saw an ad for a computer mouse that had AI inside it. Whatever that means.
Oddly enough, that’s one of the few functions I’ve found the LLMs useful for. Looking through big pdfs for specific information, lots of times “ctrl+f” doesn’t do the trick because the exact term I’m looking for doesn’t appear. Worse sometimes it’s a phrase that could be in there under many synonyms. Using the LLM to find the actual info is pretty nice, it just isn’t “AI”.
Don’t knock it too quickly. I thought like you but one evening I was a little tipsy and started chatting with a PDF document. Let’s just say things got a heated and now we’re engaged.
My research was literally on AI back in college. Most AI solutions are just basic algorithms and don’t use real AI solutions. There’s a huge difference.
It’s even better than that. A lot of companies are taking NVIDIA’s pre-built workflows, running their data through them and selling the results as their own AI. “We build proprietary RAG AI!”
Watched a bit of a video of a guy that went to Computex and asked any vendor with AI plastered somewhere what they were doing with it. Most spouted some meaningless word salad and a few literally shrugged.
Majority of the “AI inside” software and solutions. It’s in a bubble and everyone is throwing crap to a wall hoping it sticks.
“AI” is the new “blockchain”. It’s a solution looking for a solid problem to tackle, with some niche applications
I mean, at least Ai has SOME useful applications, the blockchain was just wasting energy for some numbers.
Blockchain also has some useful applications. Most (but not all) of them are also possible with technology and such that existed when bitcoin was first created, at far lower cost for a minor tradeoff in accuracy. On top of that, almost none of them are related to speculative markets.
It’s a way to do distributed transaction logs in a non-refutable and independantly verifiable way. That’s useful and important, but it was a solution in search of a problem. Even for the highest security, most at risk transactions, the existing international fincancial systems are “good enough” to ensure reliability of transaction logs.
In the end, blockchain and now AI are just falling victim to con men trying to milk as much money as they can from things before people build a working understanding of them. They’ll just keep moving onto the next big thing as it comes.
Mhhh
I just wish people had long enough memories to see the cycle for terms like these. Some new word catches vogue, companies fall over themselves trying to find ways to implement them for shareholders and consumers who have no idea what they actually represent. As that fades, a new term arises… it’s sad.
And virtual reality gets a free revival every other technology, while we’re at it.
I’m predicting VR coming back into the limelight, try again, shortly after everyone loses interest in AI.
Also, I’m still pissed that flying cars aren’t in the limelight more. I was promised daily updates, and I’m not seeing them. That’s the biggest proof that the media is completely disconnected.
We have flying cars. They’re called helicopters, and they suck for most activities
Good point.
I’m willing to accept a reality where the science magazines are constantly excited about every development in helicopter technology.
notice how all of those crypto features were quietly removed from platforms after people realised they were paying millions for some numbers, i think that will happen with Ai
I just got a notification on my phone telling me that I can chat with my PDF documents. Why the fuck would I want to do that? Do these companies realize that literally no one is asking for this shit? I also saw an ad for a computer mouse that had AI inside it. Whatever that means.
I just got a notification on my phone telling me that I can chat with my PDF documents
I belive you got that notification but I honestly have no idea what it even means.
It’s from the Adobe Acrobat app. Basically you can ask it to give you a summary of whatever document you’re reading.
Oddly enough, that’s one of the few functions I’ve found the LLMs useful for. Looking through big pdfs for specific information, lots of times “ctrl+f” doesn’t do the trick because the exact term I’m looking for doesn’t appear. Worse sometimes it’s a phrase that could be in there under many synonyms. Using the LLM to find the actual info is pretty nice, it just isn’t “AI”.
Don’t knock it too quickly. I thought like you but one evening I was a little tipsy and started chatting with a PDF document. Let’s just say things got a heated and now we’re engaged.
My research was literally on AI back in college. Most AI solutions are just basic algorithms and don’t use real AI solutions. There’s a huge difference.
It’s even better than that. A lot of companies are taking NVIDIA’s pre-built workflows, running their data through them and selling the results as their own AI. “We build proprietary RAG AI!”
I can’t wait to get a Smart AI refrigerator that tells me I have a bunch of food that isn’t really in there even when I didn’t ask it to.
Watched a bit of a video of a guy that went to Computex and asked any vendor with AI plastered somewhere what they were doing with it. Most spouted some meaningless word salad and a few literally shrugged.