Thursday, July 4, 2024

AI and NFT comparisons

  • Both are ridiculously expensive - NFTs, depending on the brand and the currency, are expensive to buy as a consumer (currently the cheapest Bored Ape on the market is $34,000). AI is expensive to run, even for a billion-dollar company like OpenAI.
  • Its biggest fans are pretty much Silicon Valley shills.
  • Regular people hate it.
  • It is environmentally damaging, especially AI, to the point Microsoft says its AI is harming its "carbon negative by 2030" goal.
  • It's a gimmick being used by lots of famous companies. NFTs and the metaverse and Web3 keywords have died off, but there is currently no migration of AI by companies at the moment.
  • AI is much more known than NFTs.

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