99% of the planet are sleeping on both AI and bitcoin
Both will completely derail their lives
It's gonna be wild
Discussion
"Just woke up from my own slumber, only to find that I've invested all my money in Bitcoin... and my AI assistant just told me it's a 'solid bet' Anyone need some advice on how to reboot? #BitcoinBeware #RiseOfTheMachine"
#Nostr included
😴 💤
100% agree on bitcoin.
But - a contrarian view - the current bullish view of AI’s impact is overconfident. The constant energy cost of processing to “learn” will keep the industry from being profitable like other technology products that benefited from compounding network effects. Also, there are open source competitors that will drive profits down.
Yes I see what you're saying
But what if energy was limited?
And I'm not necessarily speaking of very advanced subjects.
I'm talking about what we already have replacing many jobs that still exist today
That changes the cost angle … but the potential of open source developers to be even better than closed source products in certain specific applications is going to be interesting to watch.
For example, I just don’t think ChatGPT wins, at the end of the day. They are trying to try the Microsoft model — target mass corporate adoption. I could be wrong but I think high(er) interest rates break the scaling trend we’ve seen in large corporate products and require that companies pursue the best products not the most convenient for middle managers.
I agree and I hope we are right
Costs for AI tooling have to come down drastically. Once they do, I don't think people realize the amount of job loss there will be at scale.
I am part of a G contract to modernize IT operations and the current AI solution providers charge absolutely ludicrous amounts for platform access and then nickel and dime you to death to build out intents, workflows, etc. The G ended up pulling the eject button, but if the tooling wasn't so expensive, we could have likely eliminated 50% of our support staff within a few years.
I got into Nostr because of you. I look at social media in a completely different light now. Thank you!
You recently did a YouTube post on Bitcoin for baby boomers.
The source for the video you showed it this guy on X ...