Crypto and AI: Save Us From the Hype

Crypto and AI: Save Us From the Hype

Even more, I’m supportive of the migration of VC [venture capital] attention. You’ll probably have seen some of the tweets, quotes and interviews of prominent Silicon Valley representatives saying things like “If you’re in crypto, pivot to AI.” By all means, those venture capitalists that chase the latest technology should definitely do that. This would significantly reduce funding in the crypto ecosystem, but the crazy money that was being flung around a couple of years ago led to unrealistic valuations, unsustainable structures and some atrocious behavior.

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