ai’s just getting started and people’re already comparing it to the dotcom bubble. not so fast! we’re in a bull market, maybe the most violent of all. this’ll keep going for the next 10-15 yrs. what’s in it for bitcoin? i see it near $10m around 2035. that’s my personal view and base case and i put my money where my mouth is.
Discussion
Counterpoint: AI has massive energy footprint that is essentially being subsidized by VCs, just like rideshare and delivery apps in the early days.
Once that snaps back, and it will, we'll see the standard "enshittification" sequence like everything else.
8-9 figure salaries are a big signal, and not a good one.
the ai im talking about is not an app or software or a startup. it’s the industrial revolution 2.0. but i agree on the energy footprint side which will be resolved when the regulators truly understand the impact and demand it will generate.
I was a young scientist back when "Industrial Revolution 2.0" was about nanotechnology in the early 00's... You know, actual atoms, not bits. Since then that term has been used mostly in the digital space, where it is (IMHO) vastly misapplied.
I have no doubt that AI will provide an important advancement of society in many ways. But I'm sorry, LLM's aren't going to cure cancer or do anything truly "unimaginable"... Precisely because their training set is the "average" set of knowledge of humanity. They're trained precisely *not* to think out of the box, because they have no logical faculties.
Modern (LLM) AI's inadequacy to do anything "industrial" is laughably demonstrated by the following: Ask your favorite AI image generator to make a hexagonal grid. Nothing fancy, no cats in spacesuits, no slop: Just a simple grid of dots in a hexagonal pattern.
It will fail drastically, every time. Because it's a stochastic generator of things, not a deterministic one.... And *this* is what's going to build the factories?
i wouldn’t compare it to nanotech 🤣
🤘🧡🤘