The #crypto hype fizzled with the economic downturn and now #AI is being hyped up in the same way, often by the same people, with the same vapid way 🫠

@nimalan
You're not alone in noticing the parallels

See whole thread and comments here:
https://wandering.shop/@cstross/109925845766090659

Charlie Stross (@[email protected])

The thing I find most suspicious/fishy/smelly about all the current hype around Stable Diffusion and ChatGPT is that it follows, as night follows day, about six months after the bottom dropped out of the cryptocurrency scam bubble. This is not a coincidence. Hucksters are chasing the sweet VC/private equity money that has been flushed out of crypto, and AI is the new hotness all of a sudden. If you're thinking about investing now? Don't: it's too late and you'll be the target of a grift.

The Wandering Shop