'Member nfts?
weew@lemmy.ca 3 weeks ago
Yeah, but the 1% remaining will take over the world.
Doors anyone remember the era when there were a million search engines? Google didn’t spawn alone.
Same with Amazon. You think nobody else tried to make an online store in the 90s? Lol.
figjam@midwest.social 3 weeks ago
capital@lemmy.world 3 weeks ago
I member
echodot@feddit.uk 3 weeks ago
No one actually thought that they were a good idea it was just a bunch of con artists. It was a bubble for sure but it was an entirely artificially created one. There was no real business behind any of it.
figjam@midwest.social 3 weeks ago
I would argue that this current AI bubble is artificially created by a different type of conmen.
echodot@feddit.uk 3 weeks ago
Yeah but in fairness the AI actually does work. You can actually use the AI to achieve things I’ve never seen anybody achieve anything beneficial with NFTs
My argument really being that there is a potential for real benefit with AI in a way that never existed for made-up digital scarcity
Eyck_of_denesle@lemmy.zip 3 weeks ago
I doubt anyone is downplaying that. People are just discussing how all companies are pushing A.I into products that don’t need it. Idk about you but I’m tired seeing A.I advertised as a feature on every app/site when it’s just a gpt wrapper.
LavenderDay3544@lemmy.world 3 weeks ago
The rot has even spread into hardware. No one wants die space wasted on a stupid NPU with with less than 1/1000 of the computing power their GPU has and can’t be used for anything other than local LLMs which FTI very few people use and those that do tend to have powerful Nvidia GPUs.
Bytemeister@lemmy.world 3 weeks ago
I’m having flashbacks to Windows 8 being heavily developed to be “touch optimized” at a time where %3 of computers had touchscreen capabilities.
Tja@programming.dev 3 weeks ago
Wrong audience for this message. Most on lemmy are still running with their fingers in their ears yelling la-la-la really loud.
Furbag@lemmy.world 3 weeks ago
.com websites didn’t disappear after the dotcom bubble burst either. AI is definitely in a massive bubble right now, but something being in a bubble doesn’t mean it’s going to vanish completely. The AI companies with some substance backing them will weather the upcoming storm.
Full disclosure: I don’t hate AI, but I hate that management-types are fellating themselves to the idea of it or the things than it can potentially do, rather than something that is providing them some kind of concrete benefit right now. I’m also mad at consumers for being stupid little sheep and paying a premium for anything that companies just happen to slap an “AI-powered” sticker on. It’s like organic produce 2.0 - you have to have it, but we can’t explain why, nor can we elaborate on what it does better than it’s contemporary.
pup_atlas@pawb.social 3 weeks ago
Sure, but the difference here was that all those companies were offering something different. Some had better results than others, a better ui, more accuracy in certain niches, etc. But 99% of AI companies now are all effectively reselling the OpenAI API. They aren’t making an effort to differentiate themselves at all. It’s as if Google was the only shop in town, and everyone bought all their search data an algorithms to slap their logo on. That’s just simply not sustainable at anywhere near the scale it is now. This won’t be a 3-5 year decline, it’ll be a 2 month crash.
dan@upvote.au 3 weeks ago
Fun fact: the first online store still exists. It’s Pizza Hut. They launched online ordering in 1994.
wavebeam@lemmy.world 3 weeks ago
Yum brands has always been at the forefront of using tech to sell fast food. This was true then and is true now. Taco Bell has pioneered kiosks and in-app ordering as well as KDS in QSR environments.
Cryophilia@lemmy.world 3 weeks ago
That is a fun fact!