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By default, the get-rich-quick folks go into what's hot. And you wouldn't want them to be founding AI startups promising the Singularity in 5 years, or biotech startups promising 100s of blood test results from a single finger prick. The fallout would be devastating.
Well-isolated tech grifter ecosystems work as a magnet that shields productive areas of research and product development from conmen, their deleterious mentality, and their long-term impact on public confidence. If the 3rd AI winter never arrives, it's thanks to them.
So if an ambitious young person asks me whether they should go into crypto/NFTs or into AI, I will definitely tell them to go for crypto. (It used to happen a lot around 2017, not so much nowadays, which is great: AI is no longer "hot" in this way.)
(If you're hesitating between these two options, then the right option for you is not AI.)
Moths to a flame
~1 year ago, I would have agreed w/ you: Better focus on good science than hype But science needs money, hype gets it If AI cannot get new tech to hype, the winter starts when the money goes somewhere else; be it crypto or useless AI, makes no differencehttps://twitter.com/trylks/status/1433516734321856517 …
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