THIS was the 12 months when two of Silicon Valley’s greatest hype blimps – cryptocurrency and synthetic intelligence – had been deflated by drama. First got here the downfall of Sam Bankman-Fried, whose shady cryptocurrency empire landed him in court docket, the place he was convicted of fraud and conspiracy. Throughout his trial, witnesses and proof revealed that Bankman-Fried’s cryptocurrency trade FTX was siphoning billions of {dollars} from unwitting traders into one among his different property, a cryptocurrency buying and selling agency known as Alameda Analysis.
A number of weeks later, the opposite Silicon Valley Sam – Sam Altman – went by a company melodrama. Altman is CEO of OpenAI, maker…