this post was submitted on 11 Oct 2023
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AI is actually useful.
The metaverse and NFTs aren't.
Your analogy is not a 1:1 representation of the situation and only serves to distract from the topic at hand.
But there is a similarity, the hype pulls in all sorts of companies to blindly add buzzwords without even knowing how it might possibly apply to their product, even if it were the perfect realization of the ideal.
Yes AI techniques obviously have utility. 90% of the spend is by companies that don't even know what that utility might be. With that much noise, it's hard to keep track of the value.
Yes, I see what you are saying. I guess we can add 'blockchain' to that list, then.