Now with ai you can get "more" (but weirder) performance with lesser parts, that now only cost 500x as much! The future is so exciting

Stolen from mastodon: https://mas.to/@gabrielesvelto/116246273962464235

Progress rule

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[+] 43 points 7 months ago (11 children)
  • [–] 34 points 7 months ago (9 children)

    Investors have way too much money and hype for AI. Even when production is scaled up they are going to keep outbuying regular customers until they run out of money in some years.

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  • [–] 22 points 7 months ago (2 children)

    The problem with bubbles is not that they deflate, its that they pop.

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  • [–] 4 points 7 months ago (1 child)

    As the internet shows, burst bubbles sink companies, not destroy the technology.

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  • [–] 2 points 7 months ago

    Thats true. Anyone who thinks the bubble popping will make AI go away is kidding themselves. On the other hand, when prices are set more accurately and investors start accepting that they will get diminishing, or even negative, improvement out of the latest model, we may see use cases start to shift to something more realistic.

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  • [–] 7 points 7 months ago (4 children)

    I wonder where all the money go in the end. Does it just vanish in thin air or are loads of subcontractors getting it?

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  • [–] 7 points 7 months ago

    I speculate/imagine it probably loses most of its value. All those GPU’s and ram will sit there unused so they’ll probably try to repurpose them or sell them. Second hand stuff loses its value.

    All the rest will get lost in a shitstorm of a bunch of rich assholes doing the most intimate thing they will ever know=> suing each other and grabbing as much as they can.

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  • [–] 5 points 7 months ago (2 children)

    Do we actually price info?

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