I think AI isn’t the same as crypto or metaverse.

The LLMs and image generation models have obvious utility. They’re not AGI or anything wild like that, but they are legitimately useful, unlike crypto.

VR didn’t fail, it just wasn’t viral. Current VR platforms are still young. The internet commercially failed in 2001, but look at it now.

Crypto the industry, imo, is a big pyramid scheme. The technology has some interesting properties, but the industry is scammy for sure.

Metaverse wasn’t even an industry, it was a buzzword for MMOs during a time when everyone was locked at home. Not really interesting.

I don’t think it’s wise to lump every market boom together. Not everything is a scam.