

I had an acquaintance ask me about my opinion on crypto a few years ago and I explained it only has the perceived value and is highly volatile as a result, and that all but a few coins were basically rug pulls waiting to happen. He was satisfied with that and moved on. About a year later crypto had roughly doubled in value and he gave me shit about bad advice (it was an opinion not investment advice) and proceeded to move $10k into some coin I’d never heard of. About a month later a mutual friend said the other guy had lost like $8k of his $10k investment. Next time I saw the acquaintance there was no mention of crypto.
The guy selling the car doesn’t tell you it runs like a horse, the guy selling you AI is telling you it has reasoning skills. AI absolutely has utility, the guys making it are saying it’s utility is nearly limitless because Tesla has demonstrated there’s no actual penalty for lying to investors.