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[–] 59 points 1 week ago (6 children)
  • [–] 53 points 1 week ago* (2 children)

    I made this comment elsewhere, but this also severely underplays how unprofitable AI is by counting hardware suppliers' revenue as "profit." AI profitability means to most people what AI itself generates, and counting the spend for buildout as "profit" is doubly wrong.

    Nvidia, Micron, AMD and others are selling shovels and mules in an irrational gold rush. A prospector can't point to the money the prospector paid for shovels and a mule to claim prospecting is profitable.

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  • [–] 26 points 1 week ago

    Dude be nutting everywhere

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  • [–] 11 points 1 week ago

    No no guys this is the same as electricity and the internet. Its inevitable and is definitely really good and youre all old men yelling at cloud going to be left behind.

    Trust us, give me money.

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  • [–] 19 points 1 week ago (1 child)

    So.. basically everybody but Nvidia?

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  • [–] 9 points 1 week ago (1 child)

    Originally posted in c/LLM. No upvotes 🤔

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  • [–] 9 points 1 week ago (1 child)

    It used to be seeing people lose all their money into NFTs

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  • [–] 6 points 1 week ago

    Are there any that haven't lost money?

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  • [–] 4 points 1 week ago

    Watch the bond market, then. And the interest rate. You will have a few weeks heads up knowing that small and medium sized AI-only companies are about to get puckered in 2027.

    Big companies with investments including AI but have outside revenue will probably continue development because:

    big companies gonna AI until it is.

    Ugh. And with that diatribe I now know I need to change my YouTube algorithm.

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  • [–] 2 points 1 week ago

    I have some great news for you about the global economy...

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