Because people asked, no it’s not Ed Zitron’s posts...

Because people asked, no it’s not Ed Zitron’s posts specifically I’m reacting to. He usually holds off from making timeline predictions. HOWEVER, his pointing out that it’s all a house of cards causes dozens of other people to write posts of their own predicting that it’s all about to fall apart

Like 17 September at 9:56 | Open on toot.cafe

4 comments

Laurens Hof

@baldur important lesson from the crypto bubble here as well. its been multiple years since the dominant narrative because that its largely useless/a scam, and the price hit all time highs just a few months ago, and is still stable

also fairly safe to call generative ai a sector that has more practical usecases currently (even tho much lowers than the boosters would like you to believe) than crypto has, so this effect will likely be even stronger

17 September at 10:14 | Open on indieweb.social

Rich Felker

@laurenshof @baldur I disagree about "more practical usecases". As much as I hate everything about cryptocurrencies, they have had practical use cases for people denied access to receiving money through conventional channels, and to people who need to buy illegal goods or services. "AI" OTOH doesn't actually meet any need.

17 September at 10:23 | Open on hachyderm.io

Garrett Latimer

@dalias @laurenshof @baldur Well, for flooding the web with disinformation, scams, and spam, it’s unparalleled at extruding vast quantities of information-shaped content product.

17 September at 11:27 | Open on meow.social

Rich Felker

@KronoGarrett @laurenshof @baldur Oh yes, it has harm-committing uses. I should have clarified that I meant beneficial uses.

17 September at 12:03 | Open on hachyderm.io