> but crypto is still hanging on among its supporters
From what I last heard about crypto miners, the price of mining is not enough to justify price of rig + electricity, so they are quietly switching to AI.
Wonder how long the second scam will last.
AI can’t exactly be turned into money the way crypto shenanigans can.
You can sell inference, but it has to actually be real.
You can sell scams -- LLMs may be dubious at many tasks, but they're probably good enough to use to write personalized email or texts convincing random people to send you money.