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
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
Personally, in this paragraph:
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.
I honestly believe that the AI hype is just the justification for the price hikes on hardware, the point is removing access to capable hardware for all of us so that they can have most, if not all, control over the population.
I certainly hope you’re right, but all signs say otherwise, in my opinion anyway.
Replying to @jjlinux@lemmy.zip
Get off YouTube! Your thinking has been poisened with conspiracy mindset.
Replying to @redballooon@lemmy.world
That may very well be the case. Now, is it really a conspiracy when everything points to it, or is it a justified suspicion?
Replying to @jjlinux@lemmy.zip
Conspiracies exist. Many are well documented, or at least documented enough to call out specific people for specific behavior.
A conspiracy mindset ignores those, and instead suspects conspiracy everywhere else, and usually without substantial evidence. Easy instances are detectable when the sentence goes they do something to harm us in a vaguely related way.
The latter is all over YouTube, and what influencers make money with. The former is sometimes reposted on YouTube after some journalists publish it in a serious media outlet.
Replying to @jjlinux@lemmy.zip
The problem is that those “signs” don’t really point to it?
Like, new technology with bunch of hype appears, demand goes up, the hardware industry raises prices, prices probably won’t go down to how they were before because the industry is pretty cartel-like.
That happens is every poorly-regulated market.
You don’t need a secret cabal of people making computer parts expensive on purpose to make people dumb to have that make sense, and requires extra justification.