The thing is. Crypto was crap. It was never going to revolutionize the word and generate billions of dollars of value. It’s like a decentralized bank with the good and bad that comes along with that.
AI can actually revolutionize the world. The best outcome of all these bets are bonkers. If one company can land it and everyone else fails, it’s trillions. I’m less optimistic what happens if 10 companies all have AI models with roughly similar performance. How much can they charge?
No company will land it building attention based transformers. They simply don't do what people say they do. They are very powerful and I love using claude code every day at work. But they aren't going to become autonomous androids because they don't even respect what little we know about cognitive science. I think that what is more exciting across all of this work is that many of these models are a strong increment forward in predicting physical systems which means we can have more accurate and more complex control systems for manufacturing, transport, etc. You can use transformers to take a super computer scale weather model and run it on a desktop GPU. That is rather impressive imo.
AI can actually revolutionize the world. The best outcome of all these bets are bonkers. If one company can land it and everyone else fails, it’s trillions. I’m less optimistic what happens if 10 companies all have AI models with roughly similar performance. How much can they charge?