Earlier quoted context omitted.
Cryptocurrencies still had high barriers for entry for the public at large - not really a means of payment, and high risk as an investment. Generative AI is used by millions, has very low barrier for entry (it's even free!) and most importantly does not require a network effect so can be valuable immediately.
> …and high risk as an investment. Surprisingly, they left that out of their sales pitch. With LLMs everyone+dog is coming out of the woodwork to let people know that it will lead to the extinction of the species. Not that I don’t think generative AI is a lot more useful than crypto and deserves (some of) the hype. The problem is the hucksters jumping on the hypetrain to continue their $new_hotness grift.
Interesting, the more they warn about it, the more people are eager to invest in it. Kind of a Streisand effect.