171–180 of 229 posts
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Yeah. Meta on the other hand. Ouch.
Apparently their strategy is to dump a fuckton of money in hopes that that will make them dominate the market, just like they did with the metaverse thing. It's like a hobbyist who buys the most expensive gear on the first day of trying out a new hobby.
So Nvidia is basically farming everyone else?
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> AI usage seems to have plateaued overall, except for niche use cases like coding, I sure hope more people think like this, because it's going to leave a lot of money on the table (for me)
How? Like if AI usage skyrockets, I am sure the money on the table will be gobbled up by multi billion dollar companies before you, i would assume? And if they are right then what? You won't get a lot of money? Seems like a weird mix of inflated ego and lack of business understanding by you on this comment.
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Difference is that Amazon, Microsoft, Google or Oracle are not going out of business if it all collapses. Neither chip or hardware manufacturers will be harmed.
What are you saying then? Don't question or point out things that seem weird? Drink the kool-aid?
So far capacity barely grown because its super slow to build, but prices skyrocketed x5 to x100.
If its blownup everyone will just return to selling hardware or capacity at 20% margin instead of 2000%.
Only major labs will collapse because they have nothing but models and losses. People working for them still gonna find a job just with $10,000 bunus instead of $1,000,000.
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> Not listing other hardware companies is just dishinest. AI is not a crypto mining where resources are just burned. AI is exactly like crypto mining in that Nvidia is the one who profited from both
Crypto mining bubble was 99% of speculation plus scams and 1% of R&D for decentralized finance. No matter what happen with the AI bubble text, image and video and other generative neural networks are here to stay. Whatever you like it or not this tech already changed a lot of industries and there is no going back.
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These companies are blowing through an incomparable amount of resources. If their bravado is misplaced, the economic impacts will be far more significant.
How so? Most of these companies will take a hit but will be fine Alphabet, Amazon, Google, etc can write off their entire investments in AI and will be a-OK. The pure AI companies will obviously be dead.
Privatize Profits and Socialize Losses is now Bog-Standard Operating Procedure.
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The old model works at tens of millions, not hundreds of billions. All the private capital is pretty tapped out, and banks aren't loaning (thank god). So they don't have investor money to burn (and when they do, they immediately burn it on new datacenters, which usually take years to build and aren't a certainty). That's why they made equity deals with hardware companies... it was the only way they could "afford" har…
They just have to incrementally raise the price of inference tokens and limit subscriptions to curtail existing demand (with much of it likely moving to slower and cheaper local models). Which, come to think of it, is exactly what seems to be happening right now. > So they don't have investor money to burn (and when they do, they immediately burn it on new datacenters, which usually take years to build and aren't a c…