AI is a rare example of an extremely hyped thing that almost everyone still underestimates the impact of in even the medium-term. what are other examples of this from the past couple of decades besides the iPhone? i'm curious what we can learn.

Aug 15, 2022 · 8:22 PM UTC

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Blockchain
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Climate Change. And I claim my five bucks.
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"What is the scarce resource? What is it that limits being able to get value out of that infinite computing power? Software." Bill Gates 1994 tech-insider.org/windows/res…
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Synbio (all the things, especially for materials) Graphene (12k tons per year growing 60%+ CAGR) Batteries (still in early applications) Super cheap energy Super cheap rocket launches Robots
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The dysgenic pressure against IQ leading to lower average population intelligence over time. Consequently significant societal stratification between high IQ people that can administer technology and those that cant.
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I think AI is hugely UNDER-hyped. I’d say cloud computing was under-hyped as compared to the impact it had in terms of reducing the barriers & cost of entry for new players.
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CRISPR, LeBron James, Trader Joe's frozen cheeseburger burrito
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Solar panels? Electric cars?
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The societal effects of zero marginal cost.
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Internet, Computing Power, SaaS/the Cloud, Globalization, Social Media, biotech (e.g. MRNA vacc), wind/solar power. All of them were hyped, but got much bigger than expected by most.
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