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FWIW, I've found uses for it already that will improve the company I'm building in the very short …

FWIW, I've found uses for it already that will improve the company I'm building in the very short term. Maybe you disagree in the magnitude of the value, but I find it to be at least somewhat significant. Enough to pursue. I've never worked for any company where leaning into the Metaverse or crypto would generate any meaningful business value, short or long term. The promises for Metaverse and crypto are always about a nebulous future that could exist if only everyone collectively bought into the vision.

Original discussionMass Layoffs and Absentee Bosses Create a Morale Crisis at Meta846 source comments · at import
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GS

Personally I predict that generative AI is going to be the next Metaverse and crypto. It's not about whether or not there is value there to be provided. VR and cyrpto provide value too, it's just that the markets for that tech are way more "niche" than companies were hoping for. And I don't think VR is going away. If it wasn't dead in the water in the 90s, then it's not going to die because the Metaverse failed. But its applicability is currently limited to a few niche applications like video games and possibly CAD type software. The thing that generative AI has going for it is that it is extremely broad in so far as its applicability. In other words, good luck selling my next door neighbour on generative AI. What is it? What is it good for? What problems does it solve in the here and now? Generative AI is like electricity, only I don't think quite as useful. The point is that, on its ow…

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GS

Anything that is limited to the the company you're building at the moment sounds to me like the very definition of "niche application." If you re-read my comment I didn't say that generative AI does not have any potential to solve any problems ever. What I said is that companies are currently racing to go to market with some "ai thing" and most are chasing it because it is the "next big thing" in their mind, not because they know what problems for their end users that it can actually help solve. I know of companies right now who are banking on "selling AI to customers." That is doomed to fail in my opinion. Customers don't care about AI outside of the novelty and entertainment value it may possess. They have actual problems that need solving. My point was that generative AI, as the broad umbrella that it is, will see the hype train die and people will realize that "it" is not the revolut…

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DA

The metaverse and crypto were entirely about some kind of future industry and society-changing application. "You don't see anything _now,_ but the future will be unrecognizable, trust me!" Gen AI definitely has utility right now, and for some it's a lot of utility. But the hype around it is exactly the same, the hype is all around how "the future will be unrecognizable, trust me!" So I agree that practically, Gen AI is utterly different from crypto/metaverse, it's a real thing with real value. But it's also attracting the exact same hucksters and they're kind of sucking all the air out of the room.

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