hey, I still use XMR to buy my hrt
Yeah, buying medication is literally the only good use-case for cryptocurrencies, but it still is a valid and important use-case that saves lives!
there are some other use cases tho, just imagine the bank would give your payment info to insurance companies for example (which they could), the only way to pay would be cash and crypto
just imagine the bank would give your payment info to insurance companies for example
That would be a very severe violation of the GDPR and whatever bank-privacy laws are in place. On top of that, which insurance would even be affected by it? I don’t own a car, health insurance comes at non-discriminatory rates here and why would my liability insurance be affected by what I buy? Like: It’s genuinely a non-issue here.
And even if, cash is still a much better option for everything.
I more meant to say what if, and in case that ever happens we should keep crypto around, also cash is just impractical for ordering something online for example
Crypto was stupid from the beginning, NFTs are even more stupid. And people who knew about the tech told everyone so, before the idiots bought the shit to get rugpulled.
Ai art is bad for artists, but not inherently bad bs.
“crypto was stupid from the beginning”
How? Do you find debit cards stupid?
“people who knew about the tech told everyone so”
completely untrue.
people at the forefront of cryptography and economics were excited about the Bitcoin white paper because cryptographic digital currencies is an obvious-in-hindsight evolution in currency.
they were so excited about it that they joined nakamoto in creating cryptocurrencies, collaborating and developing new technologies until it was launched and beyond.
“idiots bought the shit to get rugpulled”
how exactly is gaining 400,000% in value over a decade a “rug pull”?
Ok maybe we had bitcoin over a decade and nobody cared. It was mainly used by criminals and tax evader. The concept of a decentralized money system is stupid when they just drop the Blockchain and fork a new one once a too rich person got hacked.
Bitcoin is not regulated by the government, but by rich people. Bitcoin has a 100% virtual value. An artificial scarcity does not create value. If tomorrow the the USA makes bitcoin illegal, it’s value will drop a lot.
I mean the stock market is similar, but at least it is regulated.
The rugpull was in the context of ntfs.
Type these things into a search engine first and then read, so you spare yourself and others from blatant ignorance and misinformation.
alternatively, if you can replace Bitcoin with USD and your concerns are identical, then none of your concerns are valid arguments against cryptocurrency.
“Ok maybe we had bitcoin over a decade and nobody cared.”
this is incorrect.
cryptographers, economists and governments were and are excited about cryptocurrencies because they’re an obvious evolution in centralized currency, in the same way that debit cards linked to bank accounts were, and now QR codes and digital wallets are.
“It was mainly used by criminals and tax evader.”
this has been wrong and irrelevant as long as people have been saying it.
Between 35 to 39 percent of USD is used for criminal activity, does this rampant criminal activity make the USD illegitimate?
“The concept of [USD] is stupid when they just [literally print money from nowhere] once a too rich person [gets caught]”
See what I’m saying? literally just replace the words and see if what you’re saying is still valid.
Printing USD and writing laws to protect rich people is a problem.
“[USD] is not regulated by the government, but by rich people.”
they are called the federal reserve, a private company that manipulates the dollar value at will.
The American aristocracy illegally manipulates the printed paper.
[USD]has a 100% virtual value.
That’s what happens when you decouple a currency from It’s backing value, like when the USD got taken off the gold standard and private companies are allowed to print fiat currency at their own discretion.
“An artificial scarcity does not create value”
scarcity precisely creates value, that is how the federal reserve manipulates the value of the USD.
It’s literally why the interest rates have been lowered this year rather than continuing to increase, the federal reserve is trying to create an artificial scarcity.
“If tomorrow the the USA makes [USD] illegal, it’s value will drop a lot.”
oh, “a lot”?
The gold price certainly didn’t drop after being made illegal.
“I mean the stock market is similar, but at least it is regulated.”
leaving aside that you are unaware of existing and developing cryptocurrency regulations, why are you so proud of regulation when it has been shown to facilitate illegal fiat currency manipulation?
Yes, the USD and stock exchange are “regulated” to an extent, but that regulation is completely irrelevant since white collar crime and illegal activity has continued unabated since fiat currency has come into play.
cryptocurrency is also regulated.
it literally has tax forms, just like the fiat currency that criminals use.
“The rugpull was in the context of [USD].”
If you want to talk about rug pulls, type in USD fraud.
you’ll get a few hits.
none of what you typed was relevant or correct, just type what you think into a search engine if you’re unaware of the facts.
Don’t make things up that are demonstrably false with a simple search or substitution.
What’s actually going to kill LLMs is when the sweet VC money runs out and the vendors have to start charging what it actually costs to run.
You can run it on your own machine. It won’t work on a phone right now, but I guarantee chip manufacturers are working on a custom SOC right now which will be able to run a rudimentary local model.
It will run on a phone right now. Llama3.2 on Pixel 8
Only drawback is that it requires a lot of RAM so I needed to close all other applications, but that could be fixed easily on the next phone. Other than that it was quite fast and only took ~3gb of storage!
Too bad the integration has already been shitting up products. When the whole thing dies they’re gonna have to disentangle the AI bullshit and who knows what damage will remain afterwards.
None of those things are dead in any way, maybe nfts at best but btc has been back towards all time highs a few times just this year. Some scam, right?
Same with AI, so powerful but everyone just says AI art bad and that’s that as is that’s all AI can do, make art and steal low skill jobs away 🙄
What a lame unoriginal post, yeah AI hype is dying down and interest is normalizing, must be dYiNg!!! Give me a break.
None of those things are dead though?
NFTs are kinda dead
No, they really aren’t. What died down was scam artists selling jpegs for ridiculous money. Unfortunately. 99.999% of the human population thinks that NFTs are literally just jpegs thanks to the scam bros and retards that bought them. Real functional NFTs are definitely still being used.
Can you name a good use case for NFTs?
Maybe to transfer ownership of software, but other than that…. 🤷♂️
Tax fraud/evasion was the main use case of NFTs that I saw but that’s exclusive to the world of high art and private collections – the actual NFTs, like bespoke paintings from famous painters.
So you know; even when not designed as a scam from the onset, it’s about scamming money from others anyway.
So you named one already. Anyhow, no, I fucking hate that ancient Internet game where people try to force you to do their work for them. Go to Google and type in the information you seek.
The internet tells me that NFTs are “decentralized” decoration around centralized ownership. A worthless scam.
Not likely. The research folks were highly skeptical of crypto from the start, but not the latest AI advances. The AI is a fundamental technology that was developed by the scientific method and can be empirically examined right now. Crypto is an application of 1980s technology with the hope that it will gain momentum as a currency with enough marketing.
AI images and music aren’t going anywhere. Dipshits insisting it’s the future! so they can get rich will move on to the next grift… but unlike NFTs, there’s a thing, here. Any idiot can type in a concept and have their computer visually represent it. It’s in fucking Photoshop already. This is going to be a technology that continues to exist, and gradually improves, at least to the point of being really goddamn difficult to spot.
And at some point even the loudest haters will look back and go, wow, how’d we ever do stuff without this? Not the LLM shit - that’s gonna stay dodgy. Decent enough if you want a Shel Silverstein poem about current events, but it’s never gonna discern truth from fiction.
What’s gonna quietly change media forever is every idiot with a nice GPU becoming competitive with medium-level Blender wizards. Your student film needs this sliding patio door to become an airlock? Done. You want your hand-drawn storyboards to become a traditional cartoon? Harder, but shockingly doable. Your actual medium-level Blender work lacks a certain verisimilitude? The idiot robot has you covered, somehow.
I agree with most of what you said, except this:
And at some point even the loudest haters will look back and go, wow, how’d we ever do stuff without this?
The haters are not going to do that, because the AI’s capability is generally not the thing that people are hating on.
Here are some of the things people dislike about AI generated content:
- It is trained with the work of people, without compensation or consent. Essentially this means it is stealing other people’s work for and using it to increase the profits of big corporations.
- It is used as an excuse for further data harvesting. (“To use our amazing AI services, you need to send your data to our servers for processing…”)
- It has massive computational cost, which means large environmental costs. The cost is largely hidden, because the computation are done somewhere else.
- It devalues human effort. Since the AI can generate some fairly good output very easily, it discourages people from learning basic skills. i.e. instead of trying to draw or create something themselves, and thus improving a person’s own skill, its fair faster and easier to make the AI do it. In the short term this doesn’t matter, but in the long term it may result in deskilling the very people who the AI is meant to be learning from.
- Since it is very easy to create, there is a flood of AI created content now on the internet. This huge amount of added content means it is now harder to find non-AI content than it use to be.
- There are obvious problems with impersonation, spam, scams, etc. being made faster and easier with AI.
- …
You get the idea. My point is that “it’s not useful” isn’t really one of the main complaints. Rather, people hope that it isn’t useful, because they don’t want it to become too entrenched.
Lookin’ at public posts is not theft. Any model that can recreate a particular input is broken. They only work properly when they generalize.
Everything becomes an excuse for abusive spying. Ban the abuse, for any reason.
Efficiency will improve once budgets shrink. Scaling up up up had immediate results and limited competition. It’s not a necessary trend. More training on small models works better, and all of this started on desktop hardware.
Cartoonists also complained about CGI and Flash. Anyway - generating from scratch is an overblown demo. This tech modifies images. It works better when you actually film stuff or draw stuff, and then modify that. (And wait until some program only does tweening, then see if artists still yearn for the good old days.)
This is not going to un-happen. It’s already here. If we destroyed it all, individual ultranerds would recreate it from descriptions. The second time around, they might not tell you they’re doing it… or share.
That’s it. I don’t put copyright notices at the bottom of my comments, I write them to be read, I’m finished with them shortly after I hit the post button
If any person learns to write in Australian English from my stuff, great. If a machine does, also great
