The idea that the Republicans are going to bail out AI and pay for it with massive tax raises on the plebs is just utter bonkers, if for no other reason than they're currently utterly incapable of getting any legislation passed, let alone one so deeply unpopular as that.
AI Is Too Big to Fail
41–50 of 140 posts
Re: AI Is Too Big to Fail
#42IMO, the backdrop to all of this is global warming. We're seeing so many warning signs and growth stagnating that governments need something, ANYTHING, to prop up their debt fueled economies and keep the music playing. In the face of impending GDP/population contraction due to global warming and the upcoming breadbasket collapses, GenAI isn't going to do shit for us. All of the money and effort being spent on it is m…
Yep, but instead of that we're wasting land, energy and resources in data centers that run "you are not the father" memes based on Sora 2.
It's the American Way(tm)! We've been this way for a long time. Just look at the glut of holiday decorations made of plastic that will be bought, then end up in landfills in a few months. We have literally fought wars, killed millions, just for control of the oil from which they're made.
Re: AI Is Too Big to Fail
#43>~75–80% of S&P 500 gains
Dot com bust was 50% of S&P / 80% on Nasdaq... we survived it..
For Nvidia: all it will take is for one smart grad student to find a better training algorithm to destroy 75% of their value.
Why I think a better algorithm is out there:
Total installed GPU Tflops = 4 billion. Tflops of human brain = 1 million
Re: AI Is Too Big to Fail
#44Internet was too big to fail in 2000, and in the long run was a net positive for the economy. Yet, a lot of internet companies still have not recovered the bubble bursting
Re: AI Is Too Big to Fail
#45>~75–80% of S&P 500 gains Dot com bust was 50% of S&P / 80% on Nasdaq... we survived it.. For Nvidia: all it will take is for one smart grad student to find a better training algorithm to destroy 75% of their value. Why I think a better algorithm is out there: Total installed GPU Tflops = 4 billion. Tflops of human brain = 1 million
> For Nvidia: all it will take is for one smart grad student to find a better training algorithm to destroy 75% of their value.
I don't think so. We've already seen several generations of better training algorithms, but they all rely on CUDA, hence on NVidia.
Re: AI Is Too Big to Fail
#46Those who don't learn from... whatever, these clowns have it coming
I think that the sentence is "Those who don't learn from history are condemned to send everyone else to the bread lines while they retire on their private luxury islands."
Re: AI Is Too Big to Fail
#47>~75–80% of S&P 500 gains Dot com bust was 50% of S&P / 80% on Nasdaq... we survived it.. For Nvidia: all it will take is for one smart grad student to find a better training algorithm to destroy 75% of their value. Why I think a better algorithm is out there: Total installed GPU Tflops = 4 billion. Tflops of human brain = 1 million
But the flip side is excess capacity will be used for other fields which are not getting a chance.
Re: AI Is Too Big to Fail
#48>~75–80% of S&P 500 gains Dot com bust was 50% of S&P / 80% on Nasdaq... we survived it.. For Nvidia: all it will take is for one smart grad student to find a better training algorithm to destroy 75% of their value. Why I think a better algorithm is out there: Total installed GPU Tflops = 4 billion. Tflops of human brain = 1 million
Is that true? I was under the impression that one reason NVIDIA is so entrenched is that their GPUs are highly flexible. Versus the ASIC offerings of other specialized players are more focused on transformers remaining the dominant architecture.
Re: AI Is Too Big to Fail
#49Earlier quoted context omitted.
The only problem is that the stock market is tied to a bunch of retirement/pension and other accounts. Yes stock market should burn to the ground but also I think pensioners and retirees shouldn’t be put out, just the finance bros and private equity folks which money is just a plaything.
Pensioners and retirees willingly dumping money into index funds without oversight are the dumb money that enables all of this. So yes, they deserve a haircut.
This is pretty myopic, or something. Shows, at least, a real ignorance about the available possibilities (or lack thereof)—at scale—to the common worker for “saving for a later day”.
But I’m all ears. Now that you’ve diagnosed how 401K investing fools get what they deserve, care to offer any alternative solutions as to the entire work force should have been saving towards retirement.
Re: AI Is Too Big to Fail
#50Earlier quoted context omitted.
If this is a pre-war economy, the US is screwed not because of AI but because we started a stupid trade war that's going to cut us off of our supply of dysprosium which is critical for defense manufacturing.
The US would only be screwed in that type of scenario if they allowed themselves to be. If things really got to that point they would just take over the deposits.
hah hah, yeah, the U.S is going to take the dysprosium from China by force. With Hegseth and Trump in charge no less!!