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Crypto has become boring in 2024 while AI creates peak apathy for new tech

Author: Content Editor
The article discusses the concept of innovation fatigue in the rapidly advancing world of emerging technologies such as decentralized finance, artificial intelligence, and blockchain. The author notes that despite exciting advancements, public engagement and enthusiasm in the crypto industry, in particular, seem to be waning. The market has been more interested in "memecoins" on platforms like Solana and Base rather than the innovative developments happening on Bitcoin. Spectacular failures and security breaches have also eroded trust and enthusiasm in the industry. The psychological impact of innovation overload is discussed, with a growing ambivalence towards technological breakthroughs and a leap in public imagination to the future potential of AGI. The article suggests that this period of innovation fatigue may represent a necessary pause and an opportunity for the tech industry to refocus on practical applications and tangible benefits. It emphasizes the need to innovate responsibly, address ethical concerns, and demonstrate how these technologies can improve lives. The author concludes by stating that the next Bitcoin all-time high may come from allowing society to settle into the "new normal" where AI and blockchain have already transformed many aspects of our lives.

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