Public Interest Shifts from Cryptocurrency to AI: Google Trends
Google Trends data has unveiled a remarkable transformation in the global technology landscape, with public interest veering from cryptocurrency to Artificial Intelligence (AI). A significant dip was observed in the search prevalence of crypto-related terms such as ‘Bitcoin’ and ‘Web3’ between 2020 and 2022, especially after August 2022. This decline corresponded with notable market upheavals, including the collapse of crypto entities like FTX, Terra, and Luna.
AI Surges Ahead as Crypto Loses Ground
In stark contrast to the dwindling crypto curiosity, AI-related searches, including ‘ChatGPT’, experienced a considerable upturn. The Google Trends score for AI-related searches skyrocketed to 91 out of 100, leaving Bitcoin lagging behind at 22. This divergence highlights a broader shift in global technology interest, with AI emerging as the new vanguard. Countries like El Salvador, Nigeria, the Netherlands, Brazil, and Switzerland, however, continued to exhibit a keen interest in Bitcoin.
The Crypto Community Remains Unfazed
Despite the decline in crypto searches, the crypto community appears unperturbed. The general consensus within the community is that AI is a newer, fresher topic of interest for the public, while much about crypto is already known and understood.
Alongside the remarkable surge in AI interest, concerns over job displacement and advancements in AI technologies have similarly intensified. Google Bard, Meta AI, and GrokAI, the latest developments in AI technology, have fueled this interest. The discourse surrounding the ‘Crypto vs. AI’ debate has consequently gained momentum in 2023, with AI evidently leading the charge.
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