Thoughts on the AI Hype Wagon
I've been around long enough to feel like an old fart sometimes, but this has allowed me to see the same trends play out over and over - which means I can recognize the pattern. First, Java was going to take over the world. Linux was going to quickly kill windows. The dot com boom and but. Microsoft .net mania. 4g (and then 5g) was going to revolutionize everything. Web 2.0.. something something. Cryptocurrency will make government issued money and gold obsolete. Now AI will make humans obsolete. What will happen here is the same as what happens every time. There will be some value in most of these things after the hype dies down, but it will be nowhere near as much as predicted and it will take a lot longer than anticipated. For example, I was using Bitcoin when it was still experimental and well before the average person had any idea what it was. Back then, local mining on a 486 CPU was something one could reasonably do, but few pe...
