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"We tend to overestimate the effect of technology in the short term and underestimate it in the long term."

The comparison with web3 is very excessive though. This AI stuff is at least somewhat actually useful. Web3 was a gigantic billion dollar bubble that produced very little in the way of things that are useful for any purpose, even playing around. It's one of the most vapid bubbles in history outside pure financial instrument bubbles.



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