Comment on The Economics of Recursive Self-Improvement [pdf]parentComments−blitzar1moNFTs were worth more than $1 trillion so we know that they were "better" than the Ai efforts of today because “The market rewards intelligent allocation”−not-a-llm1mothey never wereif I sell 1 token at $1 and there are a trillion of them minted, that does not make a $1T market capbut if you want to prove a point against AI with fake data, sure−blitzar1moIf I sell 1 token at $139.14 and 13.17 billion of them minted, that makes a $1.8T market cap.Space data centres are the panicle of intelligent allocation.
Comments
NFTs were worth more than $1 trillion so we know that they were "better" than the Ai efforts of today because “The market rewards intelligent allocation”
they never were
if I sell 1 token at $1 and there are a trillion of them minted, that does not make a $1T market cap
but if you want to prove a point against AI with fake data, sure
If I sell 1 token at $139.14 and 13.17 billion of them minted, that makes a $1.8T market cap.
Space data centres are the panicle of intelligent allocation.