posted in Technology
Mainstream News Anchors Now Talking About the AI Bubble Bursting at Any Moment: "I think the entire AI boom is investing in the wrong future."
futurism.com/future-society/mainstream-news-anchors-bloomberg-tv-ai-bubble-burstingposted in Technology
Mainstream News Anchors Now Talking About the AI Bubble Bursting at Any Moment: "I think the entire AI boom is investing in the wrong future."
futurism.com/future-society/mainstream-news-anchors-bloomberg-tv-ai-bubble-burstingReplying to @eicker@lemmy.world
Yes any time now. Just like in 2022, 2023, 2024, 2025…
Nvidia is not even overpriced. If anything, it’s underpriced because it’s a 5 trillion dollar company and the market doesn’t believe it will be able to keep growing.
I dont believe this technology will become anything actually smart. It’s still just text prediction. But it’s good enough for a lot of usecases.
Replying to @1984@lemmy.today
It isn’t profitable at current pricing, and it will have lower adoption at higher pricing.
The technology isn’t going anywhere, when the bubble pops and hardware prices come down, local open weight models will be sufficient and the hardware to run them will be cheaper than cloud models.
In the short term, however, it’ll be a shit show.
Replying to @3abas@lemmy.world
I really wish you guys who believe this would be able to go forward in time and see what happened. :)
Replying to @1984@lemmy.today
Do you have a reason to believe what I said is unbelievable?
It’s their own numbers…
Replying to @3abas@lemmy.world
Maybe, but im convinced it will work just like any other technology that has arrived before it.
Currently we are in the hype stage where so called experts are warning the technology can kill humanity and other silly things.
But this will pass. The technology will continue to be very useful to both companies and individuals and because of this, pricing will adapt. This means less price for the consumers as number of users and competition goes up.
We will have a society where Ai is used to take our orders, find our information, do a lot of office job tasks. It will become just as common everywhere as screens and phones.
And people say it’s not going to be profitable? That’s extreamly improbable. Every technology that is used by everyone is highly profitable, it’s just a matter of which companies will win the market and which won’t.
There won’t be any bubble popping because it’s not a bubble. It’s a new technology, like phones and laptops once were too. I had one of the first smart phones actually and in watched that market explode over the coming decade. That market is now stagnated, more of less. But Ai has only just begun.
Replying to @1984@lemmy.today
As how my local AI would put it, “I would like to gently push back”:
There is an AI bubble. Just as the Dotcom Bubble, it won’t kill the technology nor slow advancement - it simply selects against companies that are not fiscally responsible or intelligent about their agenda.