Nvidia is the central bank of AI • Hacker News Board

Re: Nvidia is the central bank of AI

#361

Post by nodja » Sun, Sep 13, 2026, 9:13 AM UTC

anon-3988 wrote: post #326

noir_lord wrote: post #72

Earlier quoted context omitted.

AMD would step in, they where behind nvidia but they've been closing that gap for a while and the 9070XT is the current value king (in this fucked up market) for mid-high gaming and you can actually buy them. Demand for Nvidia cards has outstripped supply even on the mid-high cards specifically because they do better with local models than AMD cards with the same VRAM do broadly. AI has completely broken the PC gamin…

Why would AMD willingly go into a low margin business with the consumer when they can focus on the enterprise? There’s currently a huge for diversification from NVIDIA because this is a long term deployment and they would rather not be beholden to NVIDIA if they can

Same reason they go into low margin with the PS4/PS5 and other projects. Market penetration.

Re: Nvidia is the central bank of AI

#362

Post by DaedalusII » Sun, Sep 13, 2026, 9:54 AM UTC

ares623 wrote: post #200

manlymuppet wrote: post #69

I've always found it interesting when corporations start acting like public institutions. When traditionally philosophical, social contract ideas apply to things like corporate governance. Or like here, where private structures get powerful and important enough to resemble government structures. The ideas we deal with when we discuss society and organization aren't exclusive to government, they relate to human nature…

The governments of today weren't formed out of "discussions of power"

https://en.wikipedia.org/wiki/The_Federalist_Papers

Re: Nvidia is the central bank of AI

#363

Post by imtringued » Sun, Sep 13, 2026, 10:03 AM UTC

cryptonector wrote: post #309

neilwilson wrote: post #124

Earlier quoted context omitted.

All debt is money. Anybody can create money, the trick is getting other people to accept it. Nvidia is vendor financing its output. An ai company order $100m of GPUs. Nvidia delivers and holds onto that debt as an asset - like a bank loan. The production company uses AI to create better plant and purchases $100m of AI tokens to do so. The ai company hold that debt like a bank loan Nvidia requests $100m of production…

In principle you need a banking license in order to create money, so not "anybody" can create money. For example, I can't, and neither can you (unless you're a bank, which I suspect you're not_.

His point is that vendor loans are a way to get around the banking license restriction. Of course this only works between two entities, not a general customer base. They get around that problem by pumping their valuation on the stock market where anyone can join.

Re: Nvidia is the central bank of AI

#364

Post by Culonavirus » Sun, Sep 13, 2026, 10:13 AM UTC

dahart wrote: post #317

anu7df wrote: post #198

Cracks are starting to appear. Open Ai and Anthropic are publicly asking for slowdown in AI research. Translation: We see this technology not being any more useful than what it is now, no AGI is coming, and the first one to accept this and slow down the dollar burn rate will incur the wrath of the market. So let's say this big boogey man technology will end all life on earth and we all slow down together. Bonus point…

> Cracks are starting to appear. Open Ai and Anthropic are publicly asking for slowdown in AI research. Translation: We see this technology not being any more useful than what it is now, no AGI is coming Predicting a usefulness plateau is absolutely wild given how fast AI agents have been improving at writing code this year. I have doubts about AGI but I think you’re making assumptions and translating it wrong. These…

Astra, on average, despite its GPT 6 version bump, is not any better at coding than Sol. Some even argue its worse in practice due to the varying quality of its output.

https://x.com/theo/status/2097192907023458473

If you have to "debate" the quality of a new Big Number model (and double and triple check your eyes and model setting switches when it pukes up complete garbage), that is NOT a good sign.