The Rise and Fall of Crypto Bubble vs. AI Hype

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Exploration of the parallels between the crypto bubble and the current hype in the tech industry around Artificial Intelligence. The chapter delves into skepticism towards the future of crypto, concerns about its impact on the economy, and the intersection of AI and crypto with a focus on Nvidia.

Paris Marx is joined by David Gerard to discuss Jack Dorsey’s decision to leave Bluesky, his obsession with Bitcoin, and his contributions (or lack thereof) to modern technology.

David Gerard is the author of Attack of the 50 Foot Blockchain and Libra Shrugged. He also makes Pivot to AI with Amy Castor.

Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Support the show on Patreon.

The podcast is made in partnership with The Nation. Production is by Eric Wickham. Transcripts are by Brigitte Pawliw-Fry.

Also mentioned in this episode:

David wrote about Jack Dorsey abandoning Bluesky on his blog.
Business Insider reported on how Dorsey gave money to the far-right founder of Nostr.
Dorsey was interviewed by Mike Solana on Pirate Wires.
Dorsey has posted in support of Robert F. Kennedy Jr., and the response to it is why he deleted his Bluesky account.

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