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Ask HN: Anyone else feel like AI hype is the new crypto hype?

Apr 04, 2024 - news.ycombinator.com
The article discusses the comparison between the hype surrounding artificial intelligence (AI) and the previous hype around cryptocurrency. The author and several commenters express concern about the overhyping of AI capabilities and the potential for scams, similar to what was seen with cryptocurrency. However, some commenters argue that unlike crypto, AI has a lower technological barrier and provides immediate value to the layperson, making it more accessible and less likely for the hype to burst.

Despite the hype and potential for scams, many commenters agree that AI has legitimate applications and benefits. They argue that AI has already redefined how we interact with technology and has the potential to be useful in many areas. Some express concern about scalability and the cost of running large AI models, but overall, the sentiment is that AI is a legitimate and valuable technology, despite the hype.

Key takeaways:

  • There is a growing concern that the hype around AI is similar to the hype that surrounded cryptocurrencies, with some people feeling it's becoming scammy and overhyped.
  • Unlike crypto, AI doesn't have a technological barrier that blocks serious adoption by the general population, leading to worries that the hype and bubble won't pop in the same way.
  • Generative AI, despite being overhyped, provides immediate value to the layperson with low risk, offering services like summarization, scribing audio, or text transformations.
  • Despite the hype and potential scams, many believe that AI is legitimately awesome with a huge number of very real applications that anyone can understand, differentiating it from crypto.
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