novaBBS - rec.photo.digital - Re: The rise and fall of the NFT

Re: The rise and fall of the NFT

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Date: Sat, 1 Oct 2022 19:38:17 -0700 (PDT)
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Subject: Re: The rise and fall of the NFT
From: dohduh...@yahoo.com (sobriquet)
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by: sobriquet - Sun, 2 Oct 2022 02:38 UTC

On Saturday, October 1, 2022 at 6:42:46 PM UTC+2, RichA wrote:
> https://petapixel.com/2022/09/30/nft-trading-volume-has-fallen-97-since-the-beginning-of-the-year/

NFT purports to solve the 'problem' of digital art not being
scarce, like all other digital information, but that's a feature, not a bug.

The real problem is coming up with a reasonable system to incentivize creators to
contribute to the wealth of shared human culture, but this 'problem' will soon be
irrelevant once AI surpasses humans in all mental faculties.

https://www.youtube.com/watch?v=0zQyCihHjQU

Re: The rise and fall of the NFT

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https://www.novabbs.com/tech/article-flat.php?id=12954&group=rec.photo.digital#12954

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Subject: Re: The rise and fall of the NFT
From: whisky.d...@gmail.com (Whisky-dave)
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by: Whisky-dave - Mon, 3 Oct 2022 12:43 UTC

On Sunday, 2 October 2022 at 03:38:20 UTC+1, sobriquet wrote:
> On Saturday, October 1, 2022 at 6:42:46 PM UTC+2, RichA wrote:
> > https://petapixel.com/2022/09/30/nft-trading-volume-has-fallen-97-since-the-beginning-of-the-year/
>
> NFT purports to solve the 'problem' of digital art not being
> scarce, like all other digital information, but that's a feature, not a bug.
>
> The real problem is coming up with a reasonable system to incentivize creators to
> contribute to the wealth of shared human culture, but this 'problem' will soon be
> irrelevant once AI surpasses humans in all mental faculties.
>
> https://www.youtube.com/watch?v=0zQyCihHjQU
That is, if it ever happens.

"You must have an IQ of at least half a million." -- Popeye

tech / rec.photo.digital / Re: The rise and fall of the NFT

Subject	Author
Re: The rise and fall of the NFT	sobriquet
Re: The rise and fall of the NFT	Whisky-dave