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.
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.
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.
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.
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.
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.