JohnGellings
Well-known
Time will tell, but AI is being used for a lot more purposes than NFTs usefulness. I do not think you can compare them unless you think AI is a fad. I highly doubt that it is as a whole.I'm a "I'll believe it when I see it guy". There were thousands of people telling me that I was an idiot, a complete fool, for not investing in NFTs in 2021. Proclaiming, loudly, that in a couple of years, I would see how important the new technology is, and I was missing out for not seeing its potential.
The continuing theme among all the hype was that "technology = good, NFTs = technology, so NFTs = good". Anyway, if you haven't been paying attention, the NFT market is about 95% smaller this year than it was in 2022. Millions of dollars have been lost. Technology isn't always good. And potential isn't always realized. There was a time when people, quite literally, thought blowing smoke up people's asses was a major leap forward in medical science. Well, the tech industry has been heavy into the digital equivalent of such activities for the past few years.
AI generation is already in a stage of diminishing returns. It's why it's being marketed so heavily. Everybody who knows, knows that this is about as good as it's going to get, sinking more money into it isn't going to make it appreciably better, so it has to be launched now. Or it's not going to make money. What they want us to believe is that we're going to continue to see the massive improvements in results that they were making two years ago, when everybody suddenly was in a race to get their products to market (for the reason stated, spending more time and money wasn't going to ensure much better results). Well it's not going to happen. That's plainly obvious when you compare the pace of improvement two years ago, to the pace today. Yes, inevitably, there will be a time when the AI generated stuff is indistinguishable from the real thing, even to experts, such is the case today with CGI effects in movies -but it's not going to happen in the next year or two as promised. It's probably going to take five or ten more years. Which yes, is a lot nearer than it seems, but also gives some time to get the legal issues sorted out - which they really don't want us to do, thus all the "don't resist, just give in and be steamrolled" rhetoric being pushed by the people with vested interests.
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