this post was submitted on 13 Jun 2025
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I’m old enough to have gone through a number of these technology bubbles, so much so that I haven’t paid much attention to them for a fair while. This AI bs feels a bit different, though. It seems to me that lots more people have completely lost their minds this time.
Like all bubbles, this too will end up in the same rubbish heap.
That's because there's a non zero amount of actually functionality. Chatgpt does some useful stuff for normal people. It's accessible.
Contrast that to crypto, which was only accessible to tech folks and barely useful, or NFT which had no use at all.
Ok, I guess to be fair, the purpose of NFT was to separate chumps from their money, and it was quite good at that.