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Just like AI has taken a lot of people by surprise I think Bitcoin is going to do the same. I also think AI is going through a huge hype cycle at the moment and the excitement will die down in due course. Could be wrong (usually am)

Petroit 2y ago

Well...the hype around stuff such as NFTs or "crypto" dies down because its actual utility is zero.

AI actually offers huge productivity boost. I'm afraid it might delay #bitcoin adoption.

Immense increase in productivity thanks to AI will to some extent (remains to be seen) counter immense inflation. So it might appear inflation is not that high, but prices should actually drop drastically thanks to AI, but they won't. Inflation will seem to be single digits and people will keep living in fiat matrix just like they do now.

I hope I'm wrong.

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Discussion

davies 2y ago

Is “Immense increase in productivity” are forgone conclusion?

Regarding the hype, I’m seeing Grammarly being touted as an AI tool now 🤦🏻‍♂️

Petroit 2y ago

I think AI will drastically increase productivity. But it remains to be seen...

And of course there are tons of bullshit that is jumping on the AI train just to be cool. But those will wash away.

davies 2y ago

I think it’s certainly going to increase productivity in some realms. I’ve started using it in my day job and it’s great. I think we’re definitely heading to the top of the ‘peak of inflated expectations’ on the Gartner Hype Cycle. Again, I’m usually wrong with these predictions 😂

davies 2y ago

Sorry used a transparent image last time