So many similarities between AI and Crypto industries
- Constant narrative switching between need regulation vs free enterprise
- Paid off KOLs
- Moral high ground claims by founders
- Led by nerds who feel cool / have money for the first time that don't know how to control wealth
- Non-technical greedy business people who suddenly become experts and sit on panels
- A good thing turned bad because of urgency to IPO/ICO
- Same exact service funded over and over again becauce of VC ego
- Normies can't capitalize until insiders already cashed out
- Handful of folks made rich with everyone else facing the pump and dump consequences
- Less utility than originally promised
- US vs China
- Ultimately can't function without leaning on government