this post was submitted on 20 Sep 2023
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The majority of U.S. adults don't believe the benefits of artificial intelligence outweigh the risks, according to a new Mitre-Harris Poll released Tuesday.

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[–] [email protected] 7 points 1 year ago (1 children)

It's also worth noting that the same VCs who backed cryptocurrency have pivoted to generative AI. It's all part of the same grift, just with different clothes.

[–] [email protected] 1 points 1 year ago (1 children)

Most major companies didn't touch crypto with a 10ft pole, but they've leapt at the chance to use AI tech. I don't think it's the same grift at all personally.

[–] [email protected] 1 points 1 year ago (1 children)

A lot of companies investigated cryptocurrency obliquely; "blockchain" was the hype word for several years in tech. And several of those companies had a serious sunk-cost fallacy going when they perpetuated their blockchain projects, despite blockchain only at best being a case of Worse Is Better, where a solution that sucks, but exists can be better than a perfect option that doesn't.

[–] [email protected] 0 points 1 year ago (1 children)

I agree with you that blockchain and cryptocurrency is a scam and has no uses, and I know that several tech companies sprung up to try to make a profit/scam people with "blockchain" tech. But Google/Microsoft/etc never went for those, whereas they are using AI tech. I don't think LLM's/AI's are a fad or a scam, I think there's genuine use cases for them.

[–] [email protected] 0 points 1 year ago

Microsoft definitely did: https://www.zdnet.com/finance/blockchain/microsoft-is-shutting-down-its-azure-blockchain-service/

I wouldn't be surprised if there were also serious internal discussions from some cryptocurrency booster within the ranks at Google as well.

And this is an example of the "AI as a continuation of the same grift as blockchain" pipeline, with exactly the same vague business wank with no substance behind it: https://www.aiunleashedglobalsummit.com/summit