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I mean you could say both are Ponzi schemes You’d be right

It demonstrably isn't the same thing, it's worse in a lot of ways, but to people paying attention it is also the same cast of characters.

NFTs rode the Crypto line like some of the Memers are riding the LLM/GenAI line right now

I think it's close enough that drawing a hard line on AI is gonna keep more bad actors out than letting them in would benefit

normie people's faith in tech has been eroding for a while, NFTs were a stop on that trip one thing's different though; so many people I talk to (including myself, an IT person) gave AI a genuine shot and it didn't pass the first-impression test for so many people because it sucks

It’s not, but it rhymes in a lot of ways.

it’s not but openai definitely is

Definitely same vibes.

Same people, sadly.

Whatever value there is in everything AI, ML, LLM, mesmerbot, and all will not be statistically significant compared to the waste and damage inflicted on business and markets by ever larger models trained on normalized garbage.

Butlerian Jihad Speedrun Any%

"OK but what if you could own a totally unique item in a game that you could prove was yours?" That was already a thing and it didn't require burning down the planet or enabling human trafficking etc to accomplish.

The companies involved in AI and their questionable relationships bound together with what seems likely to end up playing out like a Ponzi scheme definitely reminds one of NFTs regardless of what you may feel about the utility of LLMs.

We will eventually get to a point where the capabilities of these tools are known and appropriate use cases are formalized but until that moment Sweet Merciful Fuck these people are some of the most anti-social, insufferable assholes imaginable and giving them Infinite Money is not helping things.

The irony is that you have absolutely no idea what NFTs and AI are.

Whoa! I saw the Chucklefuck Barnacles open for the Pixies back in

At least NFT's didn't make everything I do with a computer worse. A handful of games and stuff pushed it, but it was really pretty low impact. Google Sheets wasn't badgering me to make NFTs of B13 every time I tried to work, and googling how to turn that off didn't present NFT's of search results.

The NFT hangover is real. Same pitch deck energy went from "everything should be a token" to "everything should be an agent" in 18 months. The tech is genuinely different but the carnival barkers wearing the same outfit makes it near impossible for normal people to tell.

There is an alternate timeline somewhere in the multiverse where NFTs were successful enough that by now, people are building investment portfolios of entirely AI-generated NFTs.

And the ridiculous beclownment of crypto before that

I was just thinking -- it's not just the public perception, it's that the _actual value_ of generative AI is very close to the actual value of the NFT craze.

but I was told web3 was the future.