AI - Is the new fad, or... isn't it?

Now, everybody talks about AI. It is going to take our jobs, it is going to destroy the economy, erase mankind, reset everything and disrupt our lives... I don't know how much more.

Some other people say AI is like Cryptos, a fad that needs to be added everywhere. Well, let me state my opinion: BOTH are wrong.

AI is unlike cryptos in many ways. First, it is already changing things and creating a revolution. And the reason is really simple: business can grow around it, based on it or on top of it. Cryptos were never able to create a business, only scams.

And I'm not entering into the Blockchain technology. We're talking about non-FIAT money or, even worse, NFTs. The main issue about cryptocurrencies is the source of the money itself. We have falsely the sensation that someone is "mining" like digging for gold. Many people expose the exact equivalents. Gold is valuable because it is finite, like the amount of coins in Bitcoin. Yes, but it is not sustained by nothing. FIAT works because there is an international structure of coin-regulated interrelationships, and it's used to trade real stuff. In the end, FIAT currency is "only" a medium. You transform your time into money and that money into "stuff" to use/consume in your time. There is a close loop that works and has some sense.

Contracts inside cryptocurrencies also have somehow the same feeling, and this is why I guess that Ethereum is one of the least "kick in the ass" coins, because you can repeat in a regulated/controlled way that loop. The rest of the people used it as a way to extract FIAT money from a bubble. On the other hand, AIs are software that is a transformation tool. You can use them to increase workforce efficiency or even replace it so that you can provide faster services (img production), have more bandwidth without linear cost scalation (a call centre), or automate a task that before was near impossible (img to text + categorization + automatic tagging).

Those are just a few examples; many more things will happen, and many jobs will see their daily task reduced, simplified, reoriented or erased in some cases... And yes, I know what you're thinking, and someone will get richer. Yes, but this is how this world works. Business is always the driver. If I invest 10 and get 20, with stable growth, then you have a viable Business, and AI can do (help) that. Yes, now there is a bubble that will pop sometime. But it is always like that: bubbles around new revolutionary technologies are necessary.

You don't know what will work or which idea/company/team will be the next Google, Amazon, Microsoft, so you diversify the investment; instead of 100 here, you put 10 on 10 startups. 7 will fail, 2 will recover at least the investment, but one, that one... will explode.

Will that explosion mean that the economy will break and movies will be done purely with AI? No, but if before you needed 120 hours to do a great drawing, now you spend 10 with an AI and another 20 refining the result. So you'll ask for $50 instead of $100 because it takes x4 times less to produce something, but it requires x2 more skills than before -> How to Draw & How to Prompt

Reinvent, reskill or be devoured, the jungle of revolution doesn't allow you to sleep much or stay still. You need to move and I, will help you with the next steps in your career.