1088
this post was submitted on 12 Nov 2026
1088 points (99.5% liked)
Technology
89678 readers
3998 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What do they have to do with each other?
In a mechanical sense not a whole lot, but in both the reason why they are being focused on and what it does to the cost of computer parts they are quite similar. NFTs, Metaverse, and AI have all gotten the focus they have because the tech industry has been chasing the high of the internet and later smart phone booms, they all want the next big thing but they are all ignorant to fact that the only reason said booms worked was because of the broad utility which AI and NFTs have little of.
NFT tried to be an alternative to currency, But it almost endangered the economy and general affordability guarantees the same way AI used up water sources and federally protected forests
To be clear NFTs tried to be a replacement to traditional proof of asset ownership like paper deeds and such. Then a bunch of people used that to create contracts for ownership of links to assets and sold that to speculative investors, aka morons, and thus another actually neat technology with a good niche dies.
Similar to the blockchain being an amazing technology that could instantly verify transactions with complete accuracy; and instead got used for alternative currencies.
Cryptocurrencies (blockchain-backed contract ownership of assigned mathematical conclusions) tried to be currency, NFTs in popular culture tried to be art (as in how art is actually bought and sold in the real world for money laundering.)
AI (GAN including LLMs), like blockchain and NFTs, has its extremely specific narrow use case for society - one that is currently overblown and is being used incorrectly in all parts of society, and wasting the resources used and tarnishing the technology at the same time.
It's Not About the Technology, It's About the Money
Crypto is working out great for criminals and NK.