The point is that the upside of investing in a technology before everyone else does is huge.
The downside is whatever you end up investing it in.
Hype is then technologies fighting for that slice of the pie.
The upside to current AI is that we've solved natural language interaction with computers. We have the Star Trek computer you can talk to. You probably don't want to because natural language is naturally terrible at exactness which is why humans have endless meetings to discuss the next meeting about next quarters targets.
This was science fiction in 2020. Today I can do it on a top end consumer grade GPU.
By comparison blockchain is bullshit - to find out why just ask what the clearance rate is of the bitcoin network. You won't change the world at 7 transactions a second. If someone manages to build a block chain that can clear 10 million transactions a second you'd have something on par with the current AI hype train because it would be a legitimately useful finance tool and it will be worth investing billions in.
We certainly do not. I haven’t watched all of Star Trek, but from what I did the computer always understood the question and either executed it perfectly or was unable to comply for some reason outside of its control and broke down exactly what it was so the characters could fix it or find an alternative. Characters didn’t regularly have to verify the computer’s work, they just knew it was correct.
You're almost describing the lightning network, which depending on where you get your numbers can handle around 10-40x the transactions per second of Visa or MasterCard, neither of which are above 70k in anything I found with a quick search.
Granted it sounds like the lightning network has other issues.
The downside is whatever you end up investing it in.
Hype is then technologies fighting for that slice of the pie.
The upside to current AI is that we've solved natural language interaction with computers. We have the Star Trek computer you can talk to. You probably don't want to because natural language is naturally terrible at exactness which is why humans have endless meetings to discuss the next meeting about next quarters targets.
This was science fiction in 2020. Today I can do it on a top end consumer grade GPU.
By comparison blockchain is bullshit - to find out why just ask what the clearance rate is of the bitcoin network. You won't change the world at 7 transactions a second. If someone manages to build a block chain that can clear 10 million transactions a second you'd have something on par with the current AI hype train because it would be a legitimately useful finance tool and it will be worth investing billions in.