Re:The AI hype bubble is the new crypto hype bubble
by zerbinxx on Tuesday June 13, 2023 @04:07PM
(#36316218)
I don’t disagree that Ethereum has made amazing improvements in scalability/sustainability in the last few years but I haven’t heard of any of the companies you mentioned. I feel like if Ethereum were really useful its widespread adoption would already be here.
You're telling me right here that absolutely 'no-one' is using Ethereum? Surely you are not at all serious about what you said. There are many companies like Moneygram, Stripe, Ticketmaster, Checkout.com, etc that are using crypto currencies like Ethereum which are on greener consensus models.
Ethereum made it possible to switch from a wasteful consensus model like proof-of-work to proof-of-stake and it significantly reduced its emissions by 99.992% [0]. Even if your ludicrous claim of absolutely 'no one uses it for anything either', it is not incinerating the planet or wasting as much resources and energy unlike AI (deep learning) that is currently doing today.
After a decade of deep learning, AI has no efficient alternatives to their existing operations and brings in more resource waste and incinerates the planet. Being 'useful' is not a great excuse to justify burning the planet.
[0] https://consensys.net/blog/press-release/ethereum-blockchain...