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When richer people than you want things, those things can become unavailable to you (or at least less available). I really hope this bubble pops, all these investors lose their shirts, and prices come down to something reasonable.
I'm half joking but if this AI boom continues we're going to see Nvidia exit from consumer GPU business. But Jensen Huang will never do that to us... (I hope)
I'm half joking but if this AI boom continues we're going to see Nvidia exit from consumer GPU business. But Jensen Huang will never do that to us... (I hope)
Diversification is resilience.
Putting consumer on hold makes some sense. An exit? This will be written about in business books.
> “The AI-driven growth in the data center has led to a surge in demand for memory and storage. Micron has made the difficult decision to exit the Crucial consumer business in order to improve supply and support for our larger, strategic customers in faster-growing segments,” said Sumit Sadana, EVP and Chief Business Officer at Micron Technology. "AI"-driven collapse will go down as the stupidest crisis in human hist…
"The idiotic waste of gigantic amounts of civilizatory resources, for something that hasn't remotely proven useful yet" https://ai.nejm.org/doi/full/10.1056/AI-S2501208
I do think it's proven useful, much like the internet had in the nineties.
> “The AI-driven growth in the data center has led to a surge in demand for memory and storage. Micron has made the difficult decision to exit the Crucial consumer business in order to improve supply and support for our larger, strategic customers in faster-growing segments,” said Sumit Sadana, EVP and Chief Business Officer at Micron Technology. "AI"-driven collapse will go down as the stupidest crisis in human hist…
Indeed it was naive of us not to have called that controversial medieval lull in societal progress "The First Dark Ages".
The term is up for grabs again. Also, future historians may not categorize medieval times as we do. By then, libraries may have been converted to data centers and historic artifacts burned to fuel GPUs, or destroyed through hallucinated restoration advice. Remaining digital traces may have been exhaustively overwritten by verbose AI prose, or simply lost when AWS introduced generative DNS. In a 1000 years, the only preserved evidence of medieval times may be an LLM's summary of "A Knight's Tale".
What the fuck does "secular" even mean in this context? Is there religious DRAM?
What a short-sighted, boneheaded move. I'm so tired of the MBA-ificiation of every single part of my life.
> This decision reflects Micron’s commitment to its ongoing portfolio transformation and the resulting alignment of its business to secular, profitable growth vectors in memory and storage. By concentrating on core enterprise and commercial segments, Micron aims to improve long-term business performance and create value for strategic customers as well as stakeholders. What the fuck does "secular" even mean in this co…
And same. Though blowing significant fractions of a trillion dollars into (imo) investments that are never gonna return anything near to making that a good plan (ex a government bailout) will inevitably redirect huge portions of stuff we care about. The world's gdp is about 90T iirc; that is basically taking 1/90th of the stuff the world does in a year and putting it into ai.
Their MX500 series SSDs were just king of price, performance and reliability. I even installed them in industrial PCs with intense vibrations and large temperature cycles, they're still chugging along like it's nothing.