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-bursting
Replying 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
It isn’t profitable at current pricing, and it will have lower adoption at higher pricing.
The subscriptions that are there to expand customer base, sure.
But that significant part of the business where large corporations pay API prices? These are designed to cover the costs.
The reasons why the companies still running losses with subscriptions is that the market devide is far from settled.