top 20 comments

sorted by: hot top controversial new old
[–] 29 points 11 months ago (6 children)
  • [–] 9 points 11 months ago (5 children)

    Apparently because they think AI is still a good bet?

  • source
  • parent
  • hideshow 5 child comments
  • [–] 15 points 11 months ago (4 children)

    From a purely short-term economic standpoint, it is VIOLENTLY more profitable to go whole-hog with AI right now. Once the bubble pops though, they will regret it.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 8 points 11 months ago (2 children)

    How quickly can they pivot though? Doesn't this indicate that they think there's a long term profit?

  • source
  • parent
  • hideshow 2 child comments
  • [–] 1 point 11 months ago

    They will have all that inflated ram money and if they don't spend it like morons they can return to selling ram at normal prices as oem rather than 'burned up leftovers from some AI farm.' The consumer market will still be starved by the AI buyout for some time even after the burst.

  • source
  • parent
  • [–] 33 points 11 months ago

    As long as the big boys make more infinite money, all is right

  • source
  • [–] 16 points 11 months ago

    "AI companies," i think you mean your retirement savings managers

  • source
  • [–] 31 points 11 months ago* (2 children)

    There's already talk about opening up private AI companies to retail investors (aka regular people). Once that happens and people get fleeced one last time, then it's going to end.

    We are close to the final stage but not yet. Currently we're at the peak NFT stage when everyone was generating their own slightly different monkey.

  • source
  • hideshow 2 child comments
  • [–] 14 points 11 months ago (1 child)

    infinite loop, paying with the other's money

  • source
  • hideshow 1 child comment
  • [+] 9 points 11 months ago (4 children)
  • [–] 19 points 11 months ago (3 children)

    Not much better at all, tbh. The problems are systemic, not individual. Another Zucc or Thiel would step up.

  • source
  • parent
  • hideshow 3 child comments
  • [–] 1 point 11 months ago

    It's sad because at least with public companies they must disclose important information to investors. With private capital, this is really only feasible for investors with large capital and leverage. Smaller investors may as well buy lottery tickets than invest into any private capital.

  • source