It seems that the crypto world has taken ahold of Hollywood, with celebrities swiftly joining the bandwagon in an effort to make some quick cash during this latest epic bubble. Tom Brady and Reese Witherspoon have teamed up to start a NFT (non-fiat) business for athletes and entertainers, while Paris Hilton is reportedly naming her two newest pets “Crypto Hilton” and “Ether Reum.” These investments may seem like questionable choices at first glance, but when you look at it through the lens of these celebrities making a quick buck – it’s no wonder they’re rushing into this space.
So far, 2018 has been a tough year for the technology sector as a whole. Major players such as Facebook and Amazon have seen their stock prices tumble, while smaller firms have also found themselves struggling to keep up with the competition. However, one industry that is seemingly thriving is cryptocurrency. This is due in part to the ongoing hype surrounding this new medium, but it’s also been buoyed by unusual products and services that have emerged from companies such as OpenAI. As commercial concerns loom large in 2019 and we see more traditional investments shift away from cryptocurrencies, will celebrities follow the venture community’s lead and become involved?
Some argue that AI doesn’t necessarily need celebrities to market its many applications- after all, the vast majority of people are relatively unaware of the extent and potential uses for AI. Furthermore, some experts believe that people will be more likely to adopt or use new technology if it
