AI isn't useless. But is it worth it?; [citation needed], April 17, 2024

Molly White , [citation needed]; AI isn't useless. But is it worth it?

"When I boil it down, I find my feelings about AI are actually pretty similar to my feelings about blockchains: they do a poor job of much of what people try to do with them, they can't do the things their creators claim they one day might, and many of the things they are well suited to do may not be altogether that beneficial. And while I do think that AI tools are more broadly useful than blockchains, they also come with similarly monstrous costs."

What Is Happening to the People Falling for Crypto and NFTs; The New York Times, May 5, 2020

 Farhad Manjoo, The New York Times; What Is Happening to the People Falling for Crypto and NFTs

"In the past year Yuga Labs, the well-funded start-up that makes Bored Apes, has embarked on a parade of new and even farther-out digital spinoffs of its simians. Its latest ventures have highlighted the head-scratching, money-burning, broken-casino vibe of what’s being called the internet’s next big thing. Cryptocurrencies, blockchains, NFTs and the constellation of hyped-up technologies known as “web3” have been celebrated as a way to liberate the internet from the tech giants who control it now. Instead what’s happening with Bored Apes suggests they’re doing the opposite: polluting the digital world in a thick haze of errors, swindles and expensive, largely unregulated financial speculation that ruins whatever scrap of trust still remains online...

But how many people have to lose their shirts before we realize that web3 isn’t a solution to any of our problems?"