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submitted 1 year ago by ezmack@lemmy.ml to c/asklemmy@lemmy.ml

Feel like we've got a lot of tech savvy people here seems like a good place to ask. Basically as a dumb guy that reads the news it seems like everyone that lost their mind (and savings) on crypto just pivoted to AI. In addition to that you've got all these people invested in AI companies running around with flashlights under their chins like "bro this is so scary how good we made this thing". Seems like bullshit.

I've seen people generating bits of programming with it which seems useful but idk man. Coming from CNC I don't think I'd just send it with some chatgpt code. Is it all hype? Is there something actually useful under there?

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[-] mim@lemmy.sdf.org 101 points 1 year ago

I don't think the comparison with crypto is fair.

People are actually using these models in their daily lives.

[-] hglman@lemmy.ml 12 points 1 year ago

People have actually used crypto to make payments. Crypto is valuable, but only when it's widely adopted. Before you say something like "use a database," you might take the time to understand what decentralized blockchains are accomplishing and namely removing a class of corruption from any information coordination tasks.

[-] beatle@aussie.zone 7 points 1 year ago

Why bother with the overhead of blockchain when users centralise on a handful of ~~banks~~ exchanges.

[-] hglman@lemmy.ml 7 points 1 year ago

Exchanges only exist to convert away from the crypto. If that's the standard money, they don't live. They aren't the banks of the blockchain. They are the intersection of fiat banks and the blockchain.

[-] beatle@aussie.zone 7 points 1 year ago

Strongly disagree, some exchanges don’t even have fiat on-ramps.

Blockchain is inefficient and pointless when users centralise on coinbase and binance.

[-] dismalnow@kbin.social 6 points 1 year ago

I love revisiting comments like these every 4 years.

[-] mim@lemmy.sdf.org 11 points 1 year ago

And yet, people still don't use crypto in their daily lives. How many years has it been?

[-] can@sh.itjust.works 2 points 1 year ago

Reddit just tied karma to the blockchain lol

Not saying it's a good use, but lots of people are going to be using it now.

[-] money_loo@1337lemmy.com 2 points 1 year ago

Have we forgot already about the entire country of El Salvador?

[-] mim@lemmy.sdf.org 7 points 1 year ago

You mean, the one where people immediately exchanged their free crypto for USD as soon as they got it?

[-] money_loo@1337lemmy.com 1 points 1 year ago

Do you know of another El Salvador?

this post was submitted on 22 Jul 2023
203 points (100.0% liked)

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