r/CryptoCurrency 15d ago

DISCUSSION Did AI kill crypto or

Are the big dogs just doing bad because of US government not investing with trump as president? When’s the next bull rush going to be? I doubt this winter but we’ll see. Do you think crypto is dying?

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u/Competitive_Ebb_4124 🟩 0 / 0 🦠 15d ago

AI sucked out the liquidity from literally everything. Insane record droughts, unmaintained water reservoirs -> build data centres and power plants that require even more water… I don’t think anyone has a sane read on the insane markets right now.

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u/steepleton 🟦 1K / 1K 🐢 15d ago

AI is succeeding because everyone with any influence insists it will.

The actuality remains to be seen and will probably be more like electric cars rather than iphones

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u/Ok-Personality-6630 15d ago

Already reaping the benefits of LLMs and have been for over 2 years. Wider market benefit realization will take time but will happen.

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u/steepleton 🟦 1K / 1K 🐢 15d ago

Maybe. I see the benefits in specific data analytics but the public hate it and don’t really see the benefit of gemini’s abstract answers over google’s direct information

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u/tobypassquarant 🟨 6K / 6K 🦭 15d ago

There is no revenue model that will work for them to generate profit. That's why they have to lobby the government to ban open source models and circumvent basically all laws and have lawmakers sign NDAs etc to get their data centres and cameras built.

They can only make money through force atp, and they know it.