I wouldn’t say all “AI” was a grift. Machine learning is a useful tool, like a hammer, it’s just not a magic genie for everything. Always has been, always will be.
Same with blockchain, albeit in a much narrower niche. I do think it’s a terrible system for a widely-used currency, though.
Same with quantum computing. It’s a niche.
The pattern is that Tech Bros inflate something narrowly interesting into a “it’s going to ascend the human race if you give us enough money” FOMO thing.
…And, currently, the next target seems to be space travel.
Again, I emphasize. Very useful in certain niches, like science. Stupendously impractical outside of them.
People say quantum computing is a grift?
The other two are are only “grifts” because capitalism has shoved them into things that have no business involving them and breeds opportunistic get rich quick mindsets around the technologies. So any time you hear them mentioned it’s more than likely to be a grift. They are fine in certain niches and very stupid everywhere else, like every other technology.
people will say QC is a grift when it eventually becomes commercially viable(Just look at the second level comments here)
None of these technologies are a grift per say, the economic system we use to develop them and the marketing needed to ensure funding under the aforementioned hellscape are a grift.
capitalism
The renewable energy industry. The tech is good and getting better rapidly. Costs continue to drop, consumer grade solar is becoming widely accessible.
This to me is the most exciting thing. And not just solar, but also modular nuclear power, fusion power, battery tech. The PRC is at the forefront of this green revolution.
Sure, they can lobby state legislatures to legalize balcony solar. Yet if I try to go around and convince those legislatures to legalize balcony fission, they look at me like I’m crazy! 😀
None of them really, they were all novel technology ideas snd advancements that every company and their mom adopted because it became the next silicon valley investment money printer.
Blockchain started out as a decentralized network concept that’s still useful today.
AI started out as a tensor statistical concept that’s still useful today.
People say QC is a grift because every silicon valley giant has invested heavily into it because they want to be the first if it becomes viable. It’s just what they do. They throw money into everything and if they get something successful, they pump it as much as they can before it dumps.
Even FOSS software isn’t invulnerable. Half of AWS’s SaaS platforms are just automated FOSS software running on their cloud infrastructure without so much as a hint of donation or development into the project itself. They just want money, they don’t care how they get it.
Holy loaded question batman! Yeah I’m not gonna take this seriously with you just making these sweeping assertions with no evidence.
The assertion that lemmy users call Blockchain and AI a grift is not without evidence(just browse around on any thread related to the topic) people calling QC a grift is more nuanced and something I have picked up on, you could make the case when ‘it happens’ lemmites would call QC a grift.
I think Fire and Stick have a long future ahead of them still. Also a big fan of Wheel and Stardew Valley.
Gene therapy and stem cells.
There is one from Japan about regrowing teeth, and then the one (forget where) about a 4 hour gene therapy treatment that basically cures issues some people have around cholesterol.
Although maybe the first one might turn into a grift. Like honestly, if I could GMO in/ Stem cell in like, just one alligator tooth into my grill, I might just.
The first two are grifts and I have yet to see anyone say quantum computing is going to be a grift anywhere, so because of your other comment I’m going to assume you’re just someone who likes crypto and AI and are mad that people are pointing out how they are grifts with huge environmental and social problems
Fusion… ya’know, in 5 years
Fire.
I’m hoping repairable tech is going to become more and more common. So far neither Framework nor Fairphone seem like grifters while some that came before didn’t end up fulfilling their promises.
This is the grift economy baby! Everything is a gotcha.
they will all be enshittified so whats the point
uhm well how about anti-enshittification/corruption technology, wheres that
