The AI hype bubble is the new crypto hype bubble
I&#x27;ve long been a fan of Cory Doctorow.  He&#x27;s a witty, eloquent writer with lots of interesting, insightful things to say about technology, and I agree with him on his critiques of capitalism and corporate hype.<p>However, he&#x27;s dead wrong if he thinks AI is all hype and no substance.<p>Yes, AI is being exploited and hyped up by corporations.  Yes, most workers are going to get screwed, as usual.<p>But there is so much potential in AI... even if it&#x27;s not &quot;truly intelligent&quot; (yet).  At the very least it&#x27;s a tool that can boost creativity.  Playing around with Midjourney made a believer out of me.  I&#x27;ve been a life long artist, and midjourney just blew me away.  It&#x27;s nothing short of amazing, and just about as close to magic as anything I&#x27;ve ever seen a computer do.<p>AI is a completely transformative technology.  People like Doctorow can dig their heels in and scream against the hurricane, but it&#x27;s utterly futile.  The world will adopt this technology anyway, and it will transform the world (for the better or for the worse).  It already has, and the transformation will only accelerate.