Wasn’t crypto supposed to have replaced fiat currency by now, or something?
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The valuations are totally and completely nuts. But, LLMs have little legitimate applications in a way that cryptocurrencies never will.
There's definitely similarities when it comes to the wave of hype and greed behind them both, but the fundamentals really are completely different.
Now tell me again what the usage numbers mean in resepect to usefulness.
To top it off Sam Altman is a known dishonest actor (and has already shown his true colors at openai). AI is here to stay and has some truly cool uses. But there’s far too many snake oil salesman involved currently.