Is there any way we can get this slide on the block chain?
You want an NFT, I can get you an NFT…
Yeah but can you make a bunch of them some I can sell it multiple times?
no-no, we’ll sell them in different colors. You need perceived scarcity. Add in some nostalgia, maybe some Shirttales characters wearing it on their clothes…
Okay, but, devils advocate:
What if I’m a billionaire trying to crush the working class and accelerate climate change and political division so the class war doesn’t pop off before i can get to my climate bunker?
Or a billionaire fascist who wants to sloppify everyone’s brains and increase alienation while annihilating interiority so people will become docile and the class war won’t pop off and we get the 1984 timeline?
Or a billionaire asshole who wanted to murder a concept and settled on ‘truth’?
Or a really big ‘infinite jest’ fan?
So “ai” has a lot of use cases. Maybe dont be such a reflexive reactionary fucking Luddite piece of shit about it.
Just to point but…
Nothing is stopping that first billionaire to run to their climate bunker right now. It’s currently way better than it will be during the disaster.
And making people dumber is an almost certain way to make them more violent too.
The odds are good some of them are thinking exactly like you pointed. But that would be because they are dumb.
Every decade has at least one of these buzzwords (multimedia, internet/ online, social media, mobile app, blockchain, cryptocoins, micropayment, delivery, ai,…)… They can be used to attract dumb investor’s money but they have their useful sides too.
Ok. They are just buzzwords which outline a set of tools. They are worthless without a realizable concept with a benefit for the end-user. And the use of the right tool for the job. So, I’m not sure about useful cryptocoins and blockchain use cases (I wouldn’t count financial speculation as particularly useful).
Every time somebody starts raving about some tech, it’ll turn out to be a classic hype cycle.
That graph is peak bullshit.
Just because you believe the hype, it doesn’t mean there’s a milder use case for your application.
This isnt productive, and the hype is the largest I have ever seen. Ireland–a wealthy developed tech savvy nation–isnt building new homes to address their housing crisis because this shit is taking all the energy and water.
That’s true. The tech bros are playing the market by blowing bubble after bubble and raising the stakes each time.
That’s the thing, AI is an exceptional propaganda machine. Blockchain isn’t really exceptional at anything - it’s just a reinvention of the wheel.
Blockchain is good if you want everyone to know who you send your money to.
Which sounds stupid, but if we used it more for things that aren’t stupid money, perhaps we could find something where transparency and permanent immutable logs are a good thing. For currency those may even be bad things because privacy. Which Monero solves and that’s actually another useful thing - ability to make untraceable payments remotely. Used to have to use cash for that.
permanent immutable logs
My understanding of current blockchain technology is that it’s only permanent so long as someone is online maintaining the block integrity. If enough machines go down, or if enough machines come up that refute it, then anyone can push an alternate history.
A Bitcoin heist where you install a false ledger using a botnet.
It assumes that the stakes are high enough for there to be a significant network online, yes. You could of course still compare your local history to the online one but by then the technology has failed its purpose.
Blockchain is an adequate solution to a problem that already has other, cheaper solutions.
AI is an adequate solution to a problem that has no other similarly adequate solutions (classification of complex information). Unfortunately, all the money is in that solution being applied to problems where it’s not adequate (content generation, user interaction).
AI is an adequate solution to a problem that has no other similarly adequate solutions (classification of complex information).
Sentiment analysis machines and such have been around before LLMs and eat much less electricity.
LLMs taken over the “AI” label so much that any success from a machine learning context is attributed to it, while it actually defunds and kills research out of ML all into LLMs.
It’s true that LLMs (and GANs) are taking over a term that contains a lot of other stuff, from fuzzy logic to a fair chunk of computer linguistics.
If you look at what AI does, however, it’s mostly classification. Whether it’s fitting imprecise measurements into categories or analyzing waveform to figure out which word it represents regardless of diction and dialect; a lot of AI is just the attempt at classifying hard to classify stuff.
And then someone figure out how to hook that up to a Markov chain generator (LLMs) or run it repeatedly to “recognize” an image in pure noise (GANs). And those are cool little tricks but not really ones that solve a problem that needed solving. Okay, I’ll grant that GANs make a few things in image retouching more convenient but they’re also subject to a distressingly large number of failure modes and consume a monstrous amount of resources.
Plus the whole thing where they’re destroying the concept of photographic and videographic evidence. I dislike that as well.
I really like AI when used for what it’s good at: Taking messy input data and classifying it. We’re getting some really cool things done that way and some even justify the resources we’re spending. But I do agree with you that the vast majority of funding and resources gets spent on the next glorified chatbot in the vague hope that this one will actually generate some kind of profit. (I don’t think that any of the companies who are invested in AI still actually believe their products will generate a real benefit for the end user.)
Right. We’ve tried to slay ‘truth’ before and nothing else has worked. Weve tried to end consciousness before, and we came up with a solution in the 40s but everyone was too chicken shit to use it, so we had to build something nastier.
Even I know that.
A surprisingly high number of techbros doesn’t though.
Tech bros using every buzzword to sound smart after they just lost tousands
That’s because they’re fucking idiots.
So I’m clear, does blockchain always refer to those *coin currencies? Or is it be used for other purposes too?
It can be used for other purposes. It’s essentially a digital ledger that keeps track of all the transactions.
Imagine you have a database, you decide to add something to it and now you have to solve 5000 sudokus. Also you can’t remove anything as well. Have fun
Imagine many entities have a shared database. You cannot trust anyone else but you have to add something. The consensus mechanism of the algorithm of your choice ensures that only good actors participate through sheer game theory. This naturally has a cost and you are happy to pay it. You have a lot of fun
Thank you for this. I’ve grown too tired of explaining it after the last 15 years.
Just because it’s not the solution for everything doesn’t mean it’s not a solution for something. Blockchain revolutionized global finance.
This is just plain wrong. Blockchain is not a synonym for cryptocurrency or proof-of-work.
Grifters ruin everything and this reply is a perfect example
Ok I will do a image recognition software using if else.
That was done with neural networks way before LLM hypetrain?
Yeah, they’re complaining about a technicality. Using the word “AI” to refer to LLMs or to generative AI is just common parlance. That definition changes every few years. Five years ago, neural networks were referred to as “AI” and a few decades ago, the AIs stealing our jobs were calculators. This is known as the AI effect.
Among experts, “AI” describes a whole research field with a myriad of applications, of which image recognition is definitely one: https://en.wikipedia.org/wiki/Artificial_intelligence
I hate this so much because it’s absolutely false. Nobody needs cryptocurrency. But Blockchain has very real value that has nothing to do with currency, grift, or “proof of work”. Blockchain is NOT synonymous with crypto and the fact that everyone believes it is shows exactly how much damage the grifters have done :(
EDIT: Haters gonna hate. Hope everyone who down-votes reads the replies too.
EDIT 2: Here you go, everybody. I did the research for you…
Supply chain management
- Food safety: Companies like Walmart and IBM Food Trust use blockchain to track food products from their source to the store shelf. This allows for a swift, precise response to contamination by tracing affected items, potentially saving lives and reducing waste.
- Logistics and shipping: Shipping giant Maersk has partnered with IBM to create TradeLens, a blockchain platform that digitizes and automates shipping documents and processes. This increases transparency and efficiency across the global supply chain.
Healthcare and medical records
- Secure data sharing: Blockchain can create a secure, interoperable system for storing and sharing patient medical records. Patients can use private keys to control who accesses their sensitive data, ensuring privacy while allowing authorized providers to get the information they need.
- Pharmaceutical tracking: The MediLedger Project uses blockchain to secure the pharmaceutical supply chain, verifying the integrity of drugs and reducing the risk of counterfeit medications.
- Clinical trial management: Platforms like TrialSite use blockchain to record clinical trial data securely and transparently. This helps maintain the integrity of results, building greater trust among researchers, regulators, and participants.
Government and public services
- Land and property records: The government of Georgia has used blockchain to secure land and property records, creating an immutable and transparent public record. This reduces fraud and ensures the integrity of land titles.
- Voting systems: The mobile voting platform Voatz uses a blockchain-based system to enable secure, transparent mobile voting for eligible service members and travelers abroad. This provides a resilient solution against fraud and data corruption.
Finance (non-crypto) and banking
- Efficient transaction processing: Financial institutions like the Singapore Exchange Limited are using blockchain to streamline interbank payments. This reduces manual reconciliation and enables more efficient processing of thousands of transactions.
- Supply chain finance: TradeIX uses blockchain to provide a transparent platform for supply chain finance, automating processes and streamlining transactions.
Education
- Credential verification: Learning Machine uses blockchain for the secure issuance of digital diplomas and credentials. This provides a more trustworthy and efficient method for verifying academic achievements.
Intellectual property and media
- Transparent ticketing: Companies like Guts use blockchain to create a transparent ticketing ecosystem that eliminates ticket fraud and the secondary ticket market.
Energy and utilities
- Peer-to-peer energy trading: Homeowners with solar panels can use blockchain-based platforms to automatically sell their excess energy to neighbors. Smart meters record the transactions on a blockchain, automating the entire process.
I see this kind of comment on pretty much every thread about Blockchain, and yet those commenters aren’t ever able to share a use case where Blockchain solves a problem better than the existing technology. Maybe you have one though?
Sure do! Quoting my other reply:
Immutable ledger for inter-branch bank transaction synchronization.
This is already in use at multiple financial institutions with significant value. It has increased the speed at which transactions can be verified and distributed across large networks of bank branches so that, for example, when you deposit your money at one bank branch it becomes available elsewhere on the network immediately without waiting for the end-of-day ledger reconciling. Previously, banks had to send just the transaction details and trust that it would be valid during reconciling (the “pending” status).
Want some more?
EDIT: Took the liberty of adding a bunch of examples to my original reply 👍
Show one use case of Blockchain outside cryptocurrency. It must also be a better solution than a traditional database.
Immutable ledger for inter-branch bank transaction synchronization.
This is already in use at multiple financial institutions with significant value. It has increased the speed at which transactions can be verified and distributed across large networks of bank branches so that, for example, when you deposit your money at one bank branch it becomes available elsewhere on the network immediately without waiting for the end-of-day ledger reconciling. Previously, banks had to send just the transaction details and trust that it would be valid during reconciling (the “pending” status).
Want some more?
EDIT: Went ahead and added several examples to my original reply. 👍
can be used for AI
I made money odd BTC and that’s it.
Whatever vision they had, it’s not fucking happening. Web3 being pushed by those altcoins is bullshit. It’s so totally unnecessary.
