What do people mean with "AI bubble"?
this post was submitted on 06 Sep 2024
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Technology
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Hopefully this means the haters will shut up and we can get on with using it for useful stuff
That would be absolutely amazing. How can we work out a community effort that is designed to teach, you some crowdsource tests maybe we can bring education to the masses for free...
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You're no no longer using the term Luddite on us! Character development!
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Shitty useless pictures each costing kilowatt hours.
I mean, machine learning and AI does have benefits especially in research in the medical field. The consumer AI products are just stupid though.
It's help me learn coding, Spanish, and helped me build scripts of which I would never have been able to do by myself or with technical works alone.
If we're talking specifically about the value I get out of what Gpt is right now, its priceless to me. Like my second, albeit braindead, systems administrator on my shoulder when I need something I don't want to type out myself. And what ever mistakes it makes is within my abilities to repair on my own without fighting for it.
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Too much optimism and hype may lead to the premature use of technologies that are not ready for prime time.
— Daron Acemoglu, MIT
Preach!
But the trillion dollar valued Nvidia...
I think they're going to be bankrupt within 5 years. They have way too much invested in this bubble.
Fall in share price, yes.
Bankrupt, no. Their debt to Equity Ratio is 0.1455. They can pay off their $11.23 B debt with 2 months of revenue. They can certainly afford the interest payments.
I highly doubt that. If the AI bubble pops, they'll probably be worth a lot less relative to other tech companies, but hardly bankrupt. They still have a very strong GPU business, they probably have an agreement with Nintendo on the next Switch (like they did with the OG Switch), and they could probably repurpose the AI tech in a lot of different ways, not to mention various other projects where they package GPUs into SOCs.
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$2.5T currently to be exact
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The more you bAI
The fact that is is from LA Times shows that it's still significant though