This time is different

2 min read Original article ↗

3D TV, AMP, Augmented Reality, Beanie Babies, Blockchain, Cartoon Avatars, Curved TVs, Frogans, Hoverboards, iBeacons, Jetpacks, Metaverse, NFTs, Physical Web, Quantum Computing, Quibi, Small and Safe Nuclear Reactors, Smart Glasses, Stadia, WiMAX.

The problem is, the same dudes (and it was nearly always dudes) who were pumped for all of that bollocks now won't stop wanging on about Artificial Fucking Intelligence.

"It's gonna be the future bro, just trust me!"

"I dunno, man. Seems like you say that about every passing fancy - and they all end up being utterly underwhelming."

"This time is different!"

*sigh*

The investor who says, “This time is different,” when in fact it’s virtually a repeat of an earlier situation, has uttered among the four most costly words in the annals of investing.

16 rules for investment success - Sir John Templeton

All of the above technologies are still chugging along in some form or other (well, OK, not Quibi). Some are vaguely useful and others are propped up by weirdo cultists. I don't doubt that AI will be a part of the future - but it is obviously just going to be one of many technology which are in use.

No enemies had ever taken Ankh-Morpork. Well technically they had, quite often; the city welcomed free-spending barbarian invaders, but somehow the puzzled raiders found, after a few days, that they didn't own their horses any more, and within a couple of months they were just another minority group with its own graffiti and food shops.

Terry Pratchet's Faust Eric

The ideology of "winner takes all" is unsustainable and not supported by reality.