The more obvious flaw is not why would they want to do it but why would they want to do it with blockchain.
Comment on Reddit’s blockchain-based “Community Points” rewards crash after sunsetting
Voroxpete@sh.itjust.works 11 months agoThis is basically the issue of almost every hypothetical use of the blockchain that advocates throw around.
“You could move all your skins from Counterstrike to Valorant?”
OK. Putting aside the unbelievably complex technical and practical issues, why would either Valve or Riot want this? In this scenario Valve is making it easier for their customers to leave, and Riot is effectively giving you a bunch of cool skins for free.
These people watched Ready Player One, totally ignored the part where the entire premise was “One single corporation controls basically all interactive media and that’s really bad” and decided that this sounded like a cool idea.
Moneo@lemmy.world 11 months ago
roboticide@lemmy.world 11 months ago
Exactly! And it’s not like crossover content doesn’t happen between publishers already without blockchain. Look at Fortnite. All it takes is a promo code.
SkyeStarfall@lemmy.blahaj.zone 11 months ago
Basically every software engineer laughed their ass off once they realized they were serious about that stuff.
It just shows such an intense lack of understanding of how software and business works. Thinking that blockchain is just some magic powder that can bring their wishes to reality.
Voroxpete@sh.itjust.works 11 months ago
It’s what happens when the only use case for a tech product is its ability to interest venture capital.
We’re seeing the same thing now with “AI”
SkyeStarfall@lemmy.blahaj.zone 11 months ago
Eh, no, I’m going to disagree with you there.
Yes, AI is trendy, hyped, and a buzzword at the moment, but at the core of it there really is a very useful and practical technology (and it’s also much more varied than just LLMs). Take for the fact that generative AI is actually being used in practice, to do more or less what it was advertised to.
Voroxpete@sh.itjust.works 11 months ago
You’re right to say that generative AI has at least some practical applications. That’s a valid distinction as compared to crypto, and it’s exactly why the venture capital world pivoted to it so hard.
However if you compare how these companies are selling their technology to what it actually does, the gulf is astonishing. Almost every story of a company actually trying to use this tech has been a disaster. And what we hear from advocates is the constant refrain of “It’s early days”, but that’s exactly what we heard about crypto and distributed blockchain for over a decade. Meanwhile a lot of the experts are increasingly of the opinion that most of the proposed applications of AI will never reach the point where the tech actually works as advertised. Sooner or later, it’s gonna recommend a food bank as a tourist destination. And human validation isn’t going to solve this because inattentional blindness is a thing.
I do think that there are probably, eventually, real uses for this tech, but we’re clearly no where near them yet. Right now it’s still all just magic beans.