161–170 of 668 posts
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Your question is weird. Solar does compete economically with methane already, and it's only going to improve even more.
If true, why aren't we mass scaling it all over the American West? We have railways running from West -> East, why not include power lines that can take power from energy farms in the West -> East? No major project in AZ, TX, or CA to give a city free power? etc
This is throwing more cards on the house of cards. Nvidia is “investing” in OpenAI so OpenAI can buy GPUs from NVidia. Textbook “round tripping.” I generally like what’s been happening with AI but man this is gonna crash hard when reality sets in. We’re reaching the scary stage of a bubble where folks are forced to throw more and more cash on the fire to keep it going with no clear path to ever get that cash back. If…
I’m not saying there isn’t a bubble, but I am saying if the researchers and strategists absolutely closest to the “metal” of realtime frontier models are correct that AGI is in reach, then this isn’t a bubble, it’s a highly rational race. One that large players seem to be winning right now.
What does this mean? "To support the partnership, NVIDIA intends to invest up to $100 billion in OpenAI progressively as each gigawatt is deployed."
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What is this a bubble on? What does said bubble collapsing look like?
Nvidia is giving OpenAi money (through investment) to buy Nvidia chips. The bubble is that Nvidia got that money from its crazy high stock price, the extra investment raises OpenAi’s evaluation and the increased sells raises Nvidia’s evaluation. If the valuations see a correction then spending like this will decrease, further decreasing valuations. Bubble collapsing looks like enshittification of OpenAI tools as they…
This is totally False, NVDA has not done any stock offerings. The money is coming from the ungodly amount of GPUs they are selling. In fact they are doing the opposite, they are buying back their stock because they have more money that they know what to do with.
This is throwing more cards on the house of cards. Nvidia is “investing” in OpenAI so OpenAI can buy GPUs from NVidia. Textbook “round tripping.” I generally like what’s been happening with AI but man this is gonna crash hard when reality sets in. We’re reaching the scary stage of a bubble where folks are forced to throw more and more cash on the fire to keep it going with no clear path to ever get that cash back. If…
This is throwing more cards on the house of cards. Nvidia is “investing” in OpenAI so OpenAI can buy GPUs from NVidia. Textbook “round tripping.” I generally like what’s been happening with AI but man this is gonna crash hard when reality sets in. We’re reaching the scary stage of a bubble where folks are forced to throw more and more cash on the fire to keep it going with no clear path to ever get that cash back. If…
The real question is what are we gonna do with all this cheap GPU compute when the bubble pops! Will high def game streaming finally have its time to shine? Will VFX outsource all of its render to the cloud? Will it meet the VR/AR hardware improvements in time to finally push the tech mainstream? Will it all just get re-routed back to crypto? Will someone come up with a more useful application of GPU compute?
This is throwing more cards on the house of cards. Nvidia is “investing” in OpenAI so OpenAI can buy GPUs from NVidia. Textbook “round tripping.” I generally like what’s been happening with AI but man this is gonna crash hard when reality sets in. We’re reaching the scary stage of a bubble where folks are forced to throw more and more cash on the fire to keep it going with no clear path to ever get that cash back. If…
Is there some (tax?) efficiency where OpenAI could take money from another source, then pay it to Nvidia, and receive GPUs. But instead taking investment from Nvidia acts as a discount in some way.
(In addition to Nvidia being realistically the efficient/sole supplier of an input OpenAI currently needs. So this gives
1. Nvidia an incentive to prioritize OpenAI and induces a win/win pricing component on Nvidia's GPU profit margin so OpenAI can bet on more GPUs now
2. OpenAI some hedge on GPU pricing's effect on their valuations as the cost/margin fluctuates with new entrantsIn accounting terms, this is a shady business practice known as "round tripping" where you invest in a company for the sole purpose of them buying your product. It allows you to count your revenue multiple times.
In the end, Nvidia will have OpenAI shares, which are valuable, and OpenAI will have GPUs, which are also valuable. It is not fake revenue, the GPUs will be made, sold at market price, and used, they are not intended to be bought back and sold to another customer. And hopefully, these GPUs will be put to good use by OpenAI so that they can make a profit, which will give Nvidia some return on investment.
It doesn't look so different from a car loan, where the dealer lends you the money so that you can buy their car.
For scale: The 1960's era US Navy submarine I served on had a 78MW reactor, so 10GW is 128 nuclear submarines
Or just ten very safe РБМК reactors rated 1GW each (they can't explode).
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You could think of it as "as much power as is used by NYC and Chicago combined". Which is fucking insanely wasteful.
I dunno. Google is pretty useful. It uses >15 TWh per year. Theoretically, AI could be more useful than that. Theoretically, in the future, it could be the same amount of useful (or much more) with substantially less power usage. It could be a short-term crunch to pull-forward (slightly) AI advancements. Additionally, I'm extremely skeptical they'll actually turn on this many chips using that much energy globally in…