Time preference has been around for a long time, it is discussed alot with Austrian economics.
I mean It can be a buzzword I suppose. But buzzwords imo always seem to try and create hype and explain away complicated things with simple one or two word saying.
Blockchain was the buzzword in 2017/18. Everyone who incorporated a 'blockchain' was suddenly hip and new.
If you ask me. I see similarities of how random companies would use Blockchain for anything in 2018, is how companies like Logitech are selling people AI mice.
Like wtf.
AI is the buzzword of 2023/2024.
Unpopular opinion. But we will check back in a few years and see.
Why does my mouse need AI.
Cause it sell products. Cause us dumb humans go 'oh AI, this thing I think I understand,but really don't, is gonna make this product so much better than it was previously'
Like vegan water. It's a real thing.
Haha vegan water. That's a new one to me!
It's low in deuterium and heightens your sense of self-satisfaction.
I like dinosaur water, tyvm
I would prefer the vegan water, but I don't know if it contains real vegans.
it might tho
then you would be a cannibal!
but that avoids eating cows, sheep and goats and chickens and turkeys and ducks and prawns and sheep and fish and crabs
so technically cannibalism is vegan
What will vegans do when the zombie virus takes over? Eat grass fed humans!
Here's why: AI uses 17x more electricity than bitcoin hashing. So when the bitcoin price increases by 17x, the excesses left behind by the AI boom/bust will come over to us (new nuclear sites, safer and lower waste thorium molten salt reactors, etc...)
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