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One reason I wish the Bitcoin bubble would deflate sooner: it has created a financial incentive for anyone with access to resources they don't pay for (power source or computers) to abuse them in the most inefficient way possible. This will continue to be extremely destructive
One reason I kind of liked the Bitcoin bubble, though: if things had gone a bit different in late 2017, all those blockchain startups would have been AI startups instead. It has been a breath of fresh air
He is an AI expert and his opinion on #crypto is just that. An opinion! Yes mining is really a waste of energy with too much electricity consumed but he doesn't mention that is a lesson learned with multiple blockchains now transitioning from Proof of Work to Proof of Stake.
Yes! If only all that talent would have worked on things that really matter, like AI powered ad optimization
How much do you think money influences the world? Do you think it would be different if its creation and management didnt only benefit those at the top?
It's a miracle blockchain happened before AI really flourished. This gives us a chance to figure out how to decentralize ownership and governance for this technology while it still can be done.
Also appreciate that the cryptocurrency bubble has seemed to soak up the charlatans
Looks very different technology /application, so why oppose them?
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