this post was submitted on 02 Jun 2024
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[โ€“] [email protected] 12 points 5 months ago (1 children)

I think the first three technologies were good in that they shone a light at how shit and abusive currently existing systems were.

The problem is that in the case of hotels and taxis, the systems were immediately monopolized so they could exploit the crap out of it, and in the case of crypto, the technology is foundationally bad, and governments were (and still are) too protective of the abusive banks.

To dive a little more into detail; yes, block chain is a bad and unsustainable idea from the start. World wide credit card transactions coas the electricity of a few servers and the payment machines which are there anyways. Bitcoin, even with a tiny tiny fraction of all worlds credit card transactions, already takes more electricity than multiple countries combined. It's not sustainable.

Having said that, fuck banks and their horrendous technology and their abusive policies and fuck governments for supporting it. It van be done better, it must be done better, and crypto is NOT the solution.

Uber and Airbnb should be burned to the ground, and an open protocol should be created for this that allows people up to a reasonable degree to rent out their house if they're gone and want to do so, or give people a ride in their car if they opt so, and the system should adhere to local government laws.

AI is laughably bad right now, but it's a start. We're looking at a technology in it's infancy and it WILL grow to the point where we should be worried about a lot of things. Then again, hopefully, by then AI will be able to help us fix those worries... Until then, though, fix the power usage of AI because right now its aiming to be even worse than crypto