Smart contract is not smart, and even not a contract.

As a smart contract developer, I've heard tons of misconceptions regarding smart contract.

So, simply, I just want to say this to all the HODLers, investors, analysts, etc.
Smart contract is not smart, and even not a contract.

Let me explain why :

First of all, smart contract can NEVER operate fluidly just like artificial intelligence.
If I summarize smart contract(not DApp) development progress, there are no self-upgrading progress or data analysis progress, or code-enhancing progress.

Smart contract development only needs development(- testing) - deploy - execution process. Well, some kind of contracts like token contract or multisig contract development needs very strict security inspection(which is called audit). But that's kind of testing and once the contract is deployed, nobody can fix or enhance, update it.

Short example :

contract SomeKindofContract {
  function uselessFunction( ) public { }
  function uselessFunctionTwo( ) private { }
...
}

If someone compiles some kind of smart contract code just like I wrote,

{
    "linkReferences": {},
    "object": "608060405234801561001057600080fd5b50613a11806100206000396000f8063025e7c27146.....",
    "sourceMap": "12763:7699:0:-;;;;8:9:-1;5:2;;;30:1;27;20:12;5:2;12763:7699:0;;;;;;;"
}

This strange-looked binary comes out.
Deployment is just like creating account with having this binary inside.

That's it and over. No more contract code fixing, data analyzing, or something.
And this is why I'm saying smart contract is not smart.

Also, if you guys read what I wrote upside, you will find that smart contract is not a kind of contract-shaped one, it's just code and compiled code, stored inside the blockchain account for contracts.

So, briefly, please don't overestimate smart contracts.
Smart contracts are really great. But it can never enhance itself, does not has shape of contract, it's just a programmed code, running on the virtual machine based on blockchain.

Appreciate you guys for reading my opinion. Thank you.