Tech Hype 2023: The Short Version.
@sjvn NFT was the strangest idea of the entire history of computers in my opinion. I ham happy it is gone and hop in never return. XD. In the other hand, It is OK if people like it. I like collecting virtual things in video games. I guest it is similar for some. But I just never saw the point to have it along by itself and paying real money.
@jacket @sjvn At least the video game example comes from something with a purpose: it is to either use in the video game, or as a "prize" from playing the game. The NFT is pure hype built on top of another hype built on top of vapor.
@locksmithprime @jacket @sjvn
I saw a very narrow utility of NFT on ticket sells, like the state of the ticket market has the worst system, no way to validate if the entrance is valid and you have to have a physical paper... What year is this??
@Andres @locksmithprime @sjvn Looks like a good idea. We just have to convince ticket master since they have the monopoly.
@jacket @Andres @locksmithprime Blockchain would make sense for TicketMaster, but the company tends to be really, really slow at adopting new tech.
@sjvn @jacket @Andres @locksmithprime why would you when you basically have a monopoly? Updating systems and tech would eat into their price gouging
@masterdon @sjvn @Andres @locksmithprime Yop. That's the point of a monopoly. It is why ticket prices are going crazy and it works the same since the fusion.
The Lie That's Destroying the Economy

YouTube

@jacket @sjvn Yeah, it's a funny post but I think these 3 things aren't really comparable.

NFTs seem useful for a certain range of applications, one of which – and I don't think this is what you meant – is specifying who owns what in things like video games. The monkey picture thing seemed pretty stupid indeed, but here's an interesting thought experiment: if you think nft monkeys are stupid, would you want to spend extra for an original painting if you could get a to-the-naked-eye just as good copy to hang on your wall instead?

Metaverse-type technology is obviously potentially super useful for a wide range of things. However, all attempts so far have been extremely underwhelming, and I don't think anyone serious thought that was going to be any different in the near future just because Zuckerberg is into it.

ChatGPT and future iterations seem poised to e.g. make every knowledge worker many times more efficient at large parts of their jobs. This is just not like those other things.

@ech @jacket @sjvn Great summary but nobody's saying that they're all the same.

@ech @jacket @sjvn yeah, no. With the way people lose their NFTs via hacks, exploits of bugs in the Β«trustedΒ» code etc, I prefer the old-fashioned ways of registering ownership. Also, why pay a $5-50 blockchain transaction fee for a $2 video game on sale?

And no, there aren’t any Β«obviousΒ» benefits to the metaverse, otherwise Second Life would be a greater success than it is (metaverses seem to be bad copies of that).

@toriver @jacket @sjvn me too, I've never used NFTs. (But, I didn't say buying video games.)

Fair point about 2nd life. I meant VR more generally, I could have worded that better, pardon me.

@ech @jacket @sjvn Horrible summary & nobodies saying they are remotely similar just flavor of the fervid month. The art illustration was particularly inept. Yes there actually is a real intangible soul filling value in supporting by owning, a piece of art created by the creative person themself. It’s part of what makes the world bearable. As for ChatGPT making things easier? It’s riddled w/ theft of creativity, prejudice & outright fallacy how is that easier?

@Pineywoozle @jacket @sjvn wow πŸ˜‚

"nobodies saying they are remotely similar" Except they're saying each item is "just flavor of the fervid month", and addressing that was the only point I made.

If I pay a lot of money for an NFT for some art you made, I'm supporting you? The thing you said is the one part of owning original works that actually applies to NFTs in exactly the same way. You realize that, right?

LLMs poses a lot of problems, for sure! I never said otherwise?

@ech @jacket @sjvn You mistook what I said for financial support. There is a thing far greater than money when I think of how I am touching another person as they look at or touch something I’ve made. It’s almost as though we are touching each other with nothing in between. You don’t get that with copies.
@ech @jacket @sjvn Actually, I apologize for saying it was a horrible summary that was bad word choice on my part. Texting is sometimes in an elegant form of communication. I think the art thing struck me a little too strongly. You did say that the three weren’t comparable something the original poster hadn’t said that they were.
@ech @jacket @sjvn in what universe could NFTs be useful for a certain range of applications? Ok, except for the application of money laundering.
@sjvn This made me laugh out loud.
@sjvn And it is only May. In this decade that means we have at least 26 more versions of this to go.
@sjvn A friend of mine said that AI is to 2023 what NFTs were to 2021. I think about that a lot.
@sjvn NFTs could be useful in theory. It's unfortunate that they were popularized as collectibles but the concept of a non-fungible token for use as concert tickets, redeemable vouchers, or even gift cards makes perfect sense to me.
@sjvn NFTs were never going to be the next big thing. To compare it to something similar, people like Xbox achievements and PlayStation trophies because, while they’re also digital collectibles, you have to earn them, and they’re not for profit. NFTs have the same problem as a checkmark on Twitter. They’re just a visual indicator that you’re a sucker.

@sjvn

That should be both Meta and Google. Search for "We have no moat, and neither does OpenAI".

https://www.semianalysis.com/p/google-we-have-no-moat-and-neither

Google "We Have No Moat, And Neither Does OpenAI"

Leaked Internal Google Document Claims Open Source AI Will Outcompete Google and OpenAI

SemiAnalysis
@sjvn Are self-driving cars closer to metaverse or to nft?
@mh @sjvn self-driving cars are at least something that would be useful if they actually existed. (I'd say it's not even that mysterious how one could actually be made but getting it right is easier said than done)

@jeremy_list @sjvn The topic is hype, not theoretical utility. πŸ™‚

I remember (~7 years ago?) when techies had fever dreams about human drivers being banned in cities so that networked cars could zip and weave through intersections without stopping, a car could pay for itself with robotaxi mode, uber could be profitable, all definitely happening within "just a few years". The amount of hand waving could have powered a wind farm.

@jeremy_list @mh I hate driving--there I said it--and I'd love to have true self-driving cars, but I don't see it happening within this decade.
@sjvn @jeremy_list Our societal over-dependence on cars would still be terrible even if they were all electric and self driving. These trends are just corporations chasing money.
@sjvn So glad NFTs have largely run their course. Tired of hearing about them.
@sjvn We've had bad 3d for many years. A computer that can pass the Turing Test is going to have serious ramifications for society.

@sjvn #ChatGPT hype feels extra silly to me because it's no smarter than #DwarfFortressClassic from 2006, which was actually free and can run on an ordinary personal computer. But now Microsoft spent hundreds of millions of dollars to do the same thing worse and we're supposed to be amazed?

AI has made actual advances since 2006: #Go -playing AI from 2006 couldn't beat top humans. But ChatGPT is particularly dumb.

@sjvn meanwhile Doge is undersea underground
@sjvn i dont care about ChatGPT but the Open Source Machine Learning stuff is kinda cool
@sjvn This is so true πŸ˜‚ thank God NFT died quickly

@sjvn

I think the difference is that one is actually useful lol.

@sjvn wait what if AI starts trying to sell everyone on to NFT