Quote:
Originally Posted by DeathsSilkyMist
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More investment does not equate to more smart people knowing the future. I brought up VR because multiple technologies in recent times have had this pattern:
1. A leap in the technology
2. A mass investment into the technology to be the first company to corner the market
3. Pleateau
Cryptocurrency is another technology that did this. Bitcoin came out in 2009, and it is still just a speculative market. You don't see a mass adoption of cryptocurrency as a primary method of payment.
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No, Crypto didnt. It took over a decade for any of these companies to invest in crypto.
Also crypto flattens your argument:
Because there was an actual return on crypto investments.
And in many high profile cases 10-100x their investments.
That is FULL STOP not the case for AI investment.
There is no revenue being made, yet year after year, there are 10x the investment.
No product to "invest" in.
The argument that is being made is across the internet is, former anti AI people who thought it would crush the human spirit, now think that all the people building it are stupid idiots and the AI can't do anything.
Crypto crashed, when it became a non interesting product to sell to people.
AI could crash if it provides a non interesting product, but up until now, it hasn't even offered a product!
And its going full steam ahead!