The way they are often employed is absolutely a grift.
Blockchain is a very cool concept. Getting people to pay $1,000 for a picture of a cat and imply that it has value because it’s on a blockchain is grift.
Ai is a cool technology. It has become a grift because the companies behind it are sucking up massive investor dollars, destroying the worldwide computing parts market, and persuading managers to axe jobs promising the AI can take their place.
If quantum computing actually starts to work some of it will be used for grift because many current encryption schemes could potentially be cracked using quantum computers.
These technologies are not grifts.
The way they are often employed is absolutely a grift.
Blockchain is a very cool concept. Getting people to pay $1,000 for a picture of a cat and imply that it has value because it’s on a blockchain is grift.
Ai is a cool technology. It has become a grift because the companies behind it are sucking up massive investor dollars, destroying the worldwide computing parts market, and persuading managers to axe jobs promising the AI can take their place.
If quantum computing actually starts to work some of it will be used for grift because many current encryption schemes could potentially be cracked using quantum computers.