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A comment on I got fooled by AI-for-science hype–here's what it taught me. Parent comment

Re:I got fooled by AI-for-science hype–here's what it taught me by uludag on Tuesday May 20, 2025 @04:47AM (#44039282)
I'm sure there's many people out there who could say that they hardly use AI but that crypto has made them lots of money.

At the end of the day searching work documents and talking with computers is only desirable inasmuch as they are economically profitable. Crypto at the end of the day is responsible for a lot of people getting wealthy. Was a lot of this wealth obtained on sketchy grounds? probably, but the same could be said AI (for example, the recent sale of windsurf for an obscene amount of money).

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Re:I got fooled by AI-for-science hype–here's what it taught me by littlestymaar on Tuesday May 20, 2025 @04:54AM (#44039335)
> is only desirable inasmuch as they are economically profitable.

The bug difference is that they are profitable because they create value, when cryptocurrencies are a zero sum game between participants. (It is in fact a negative-sum game, since some people are getting paid to make the thing work so that others can gamble on the system).

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Re:I got fooled by AI-for-science hype–here's what it taught me by Flamentono2 on Tuesday May 20, 2025 @07:30AM (#44040305)
Crypto is not making people rich, it is about moving money from Person A to Person B.

And sure everyone who got the money from others by gambling are biased. Fine with me.

But in comparision to crypto, people around me actually use AI/ML (most of them).

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Re:I got fooled by AI-for-science hype–here's what it taught me by nodar86 on Tuesday May 20, 2025 @03:34PM (#44045067)
Every activity that is making people rich is by definiton moving money from Person A to Person B.
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Re:I got fooled by AI-for-science hype–here's what it taught me by Flamentono2 on Wednesday May 21, 2025 @05:27AM (#44049718)
Lets be nitpicky :)

I said move money from A to B, which implies that nothing else is happening. Otherwise it would be an exchange.

Sooo i would say my wording was right?! :)

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Re:I got fooled by AI-for-science hype–here's what it taught me by holoduke on Tuesday May 20, 2025 @10:17AM (#44041956)
Crypto is not creating anything. Its a scheme that is based on gamble. Person A gets rich. Person B loses money. It does not really contribute to anything.
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