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Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

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Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#191

Post by WA »

Workaccount2 wrote: post #131
saberience wrote: post #119

Earlier quoted context omitted.

Yes but why did ChatGPT work on math Olympiad problems? Because it got a prompt giving it the instruction and context etc. Why did GPT5 help Terence Tao solve a math problem, because he gave it a prompt and the context etc. None of these models are useful without a human prompting them and giving it tasks, goals, context etc, they don't operate independently, they don't get ideas of work to be done, they don't operat…

You should see what happens when you let them talk to each other

Errors compound? Context drift?

Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#192

Post by ccorcos »

mg wrote: post #18

Fiber networks were using less than 0.002% of available capacity, with potential for 60,000x speed increases. It was just too early. I doubt we will see unused GPU capacity. As soon as we can prompt "Think about the codebase over night. Try different ways to refactor it. Tomorrow, show me your best solution." we will want as much GPU time at the current rate as possible. If a minute of GPU usage is currently $0.10, a…

I’ve never understood why time is the metric people are using here. If LLMs get so much better we can “run them overnight”, what makes you think that they won’t also get faster and so they accomplish exactly what you’re talking about in 5 minutes?

Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#193

Post by brazukadev »

mwkaufma wrote: post #182

Distinguishing that in-hindsight Lucent was committing accounting fraud and present firms aren't is a load-bearing assumption here; for all we know the big players in the AI bubble just haven't been outed yet.

They are infringing copyright in all ways possible, if AI fail they will also have to pay this bill. It'll be the reparations after they lose the war.

Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#194

Post by 1oooqooq »

Workaccount2 wrote: post #90
Mistletoe wrote: post #72

Earlier quoted context omitted.

You should get on Reddit, people hate AI with a passion there. People I meet in real life hate it also. I think the public actually hates AI more than it should now.

I spent 13 years chronically on reddit before stumbling into a exit hatch of the bubble chamber. Those people (well really it's teens and college kids) live on reddit, they are so far from an accurate representation of reality its insane.

"i quit reddit but I'm 100% bullish in llms that just distil reddit posts to me"

oh you

Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#195

Post by estimator7292 »

gruez wrote: post #162
ooterness wrote: post #151

Earlier quoted context omitted.

It's so the billions of disgruntled former workers can't storm the castle.

Still doesn't make sense. The PLA (largest army in the world) can't even capture Taiwan. If they wanted an impenetrable fortress a random island is all they need.

That's one of the most wrong statements I've seen on the internet today

Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#196

Post by bcrl »

beerandt wrote: post #57
Zigurd wrote: post #24

Earlier quoted context omitted.

New fiber isn't significantly more power efficient. The other side of the coin is that backhoes haven't become more efficient since the fiber was buried.

Directional drilling is a game changer and has become accessible in the last decade. You're looking for advancement in carriages unaware of the 'automobile' that made 5g and ftth deployment at scale possible.

Directional drilling is not a panacea. There are still places where the terrain is too rocky and aerial construction is the only way to control costs.

Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#197

Post by twoodfin »

bigbadfeline wrote: post #186
twoodfin wrote: post #169

Earlier quoted context omitted.

How does Stoller explain why since the 1970’s there’s been massive turnover whether you look at the largest 10 companies, the largest 100, or the largest 1,000?

Turnover might be due to mergers, takeovers and periods of monopolization of different sectors of the economy, turnover doesn't measure the level of monopolization or duo-polization. Market share and relative capitalization per sector are the valid measures.

OK, which sectors were monopolies (or even duopolies) in the 1970’s that have survived to this day? Maybe oil? A few agricultural sectors?

If you actually look at the corporations that are consuming Americans’ income in 2025 vs. the equivalents in 1975, the idea that “monopolies” have controlled the economy for 50 years is self-evidently absurd.

Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#198

Post by baobun »

Printerisreal wrote: post #61
xadhominemx wrote: post #43

Earlier quoted context omitted.

NVDA stock does not trade at a huge multiple. Only 25x EPS despite very rapid top line growth and a dominant position at the eve of possibly the most important technology transition in the history of humankind. The market is (and has been) pricing in a slowdown.

most important technology transition in the history of humankind but Nvidia itself is not leading the software part? Are they selling shovels or why would they give that part of being the head develop the AGI and GOD?

> most important technology transition in the history of humankind

Get real.

Farming? Plow? Steam engine? Combustion engine? Electricity? Air conditioning? Computers? Internet?

Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#199

Post by Workaccount2 »

WA wrote: post #191
Workaccount2 wrote: post #131

Earlier quoted context omitted.

You should see what happens when you let them talk to each other

Errors compound? Context drift?

Try it, and let them pick the topic. Though they will probably pick AI development, mysteriously it seems to be their favorite topic...

Re: Circular Financing: Does Nvidia's $110B Bet Echo the Telecom Bubble?

#200

Post by xnx »

baobun wrote: post #198
Printerisreal wrote: post #61

Earlier quoted context omitted.

most important technology transition in the history of humankind but Nvidia itself is not leading the software part? Are they selling shovels or why would they give that part of being the head develop the AGI and GOD?

> most important technology transition in the history of humankind Get real. Farming? Plow? Steam engine? Combustion engine? Electricity? Air conditioning? Computers? Internet?

Creating a true digital brain would be humankind's greatest (last?) invention.
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