The A.I. “Grift Shift” Is Underway

<p>It&rsquo;s well known that technology moves at breakneck speed, but the last few years have seen the tech industry burn through copious amounts of next &ldquo;big thing&rdquo; at record pace. Those trying to cash in on the latest trend &mdash; the grifters &mdash; are pivoting so fast they must be suffering whiplash.</p> <p>Well, prepare to pivot again.</p> <p>The next &ldquo;big thing&rdquo; is here: A.I.</p> <p>But first, a quick recap on the fate of the last few<em>&nbsp;game-changing</em>&nbsp;concepts.</p> <h1>Crypto misses the moon</h1> <p>Fuelled by the pandemic lockdowns and stimulus checks, cryptocurrency endured its biggest bull run yet in late 2021, touching highs of&nbsp;<a href="https://coinmarketcap.com/currencies/bitcoin/historical-data/" rel="noopener ugc nofollow" target="_blank">$67,567</a><strong>.</strong></p> <p>It caused quite a frenzy. Crypto projects popped up everywhere, and crazed investors couldn&rsquo;t pump their money in fast enough.&nbsp;<em>It&rsquo;s going to the moon!&nbsp;</em>rejoiced the hodlers and diamond hands.</p> <p>But it didn&rsquo;t make it to the moon. The rocket ship barely left orbit before turning back towards planet earth and crash-landing &mdash; and the repercussions were felt far and wide. The price drop had severe knock-on effects, most notably&nbsp;<a href="https://entrepreneurshandbook.co/the-crypto-winter-is-about-to-become-a-crypto-ice-age-9d12d71e4b10" rel="noopener" target="_blank">the collapse of crypto exchanges</a>, which left billions of dollars up in smoke and shattered what little trust was left in the industry to self-regulate itself.</p> <p><a href="https://stephenmoore.medium.com/the-a-i-grift-shift-is-underway-7027585f6c37"><strong>Learn More</strong></a></p>
Tags: Grift Shift