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jiggawattsyesterday at 9:12 PM2 repliesview on HN

Tulips, NFTs, and the Metaverse all revolved around exclusivity and collectibles. Art with no real utilitarian value.

I pay OpenAI $100/mo, twice what I pay for my mobile phone service.

It’s a useful service that I use every day.

I have never even heard of anyone in my social circle expressing even a mild interest in tulips, NFTs, or the metaverse.

This bubble has much more in common with the rail road boom and the 2000 fibre build out bubble.


Replies

GolfPopperyesterday at 9:48 PM

You start with "real utilitarian value" and your example is... how much you pay for it. That sounds more like a drug habit.

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gcgbarbosayesterday at 9:21 PM

How did metaverse revolved around exclusivity or collectibles?

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