this post was submitted on 18 Aug 2025
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As a paid, captive squirrel, focusing on spinning my workout wheel and getting my nuts at the end of the day, I hate that AI is mostly a (very expensive) solution in search of a problem. I am being told "you must use AI, find a way to use it" but my AI successes are very few and mostly non-repeatable (my current AI use case is: "try it once for non-vital, not time-sensitive stuff, if at first you don't succeed, just give up, if you succeed, you saved some time for more important stuff").
If I try to think as a CEO or an entrepreneur, though, I sort of see where these people might be coming from. They see AI as the new "internet", something that for good or bad is getting ingrained in everything we do and that will cause your company to go bankrupt for trying too hard to do things "the new way" but also to quickly fade to irrelevance if you keep doing things in the same way.
It's easy, with the benefit of hindsight, to say now "haha, Blockbuster could have bought Netflix for $50 Millions and now they are out of business", but all these people who have seen it happen are seeing AI as the new disruptive technology that can spell great success or complete doom for their current businesses. All hype? Maybe. But if I was a CEO I'd be probably sweating too (and having a couple of VPs at my company wipe up the sweat with dollar bills)
The only difference between AI and NFTs is that the market believes in it.
There are use cases for AI. There are none for NFTs.
One use case is whenever you need to produce some inane bullshit that nobody is probably going to read anyway, but it's still required for some reason. Like cover letters.
Now, you might argue that we should work towards a society where we don't have to produce this inane bullshit that nobody's going to read anyway, and I would agree with you. But as long as we're here, we might as well offload this pointless labor onto a pointless labor-saving machine.
Kindly disagree. People actually read cover letters, and a cryptographically secured entry on a pubic ledger has some conceivable use.
That’s why I created “Poopchain, the only blockchain with millions of unique pictures of poop.
I have my doubts. I've had more than one recruiter tell me "I don't read cover letters", and even if they are "reading" it, it's going to be a brief skim at best.
In any case, that still doesn't mean that you should be writing them. My point is that it's make-work. It's there to weed out candidates and demonstrate your ability to jump through their hoops.
We're talking specifically about NFTs.